Newsquawk Rundown, Daily Podcast

European bourses are firmer across the board, Euro Stoxx 50 +0.5%, though overall action remains contained/rangebound ahead of corporate updates/Fed speak.US futures are similarly rangy within tighter parameters with the main futures essentially unchanged at present.UNH beat on top and bottom lines, TSLA reportedly to cut prices on new US modelsJPY continues to climb and weighs on the USD, though the index has derived some support from...

APAC stocks were mostly firmer following the positive handover from Wall St. post-CPI.European equity futures are indicative of a relatively flat open with the Euro Stoxx 50 -0.1% after the cash market closed up 0.7% yesterday.DXY is on a 102 handle, EUR/USD holds on to most of its recent spoils, USD/JPY briefly slipped below 129.10yr UST futures slightly eased off yesterday’s best levels but with the pullback only...

European bourses are firmer across the board, Euro Stoxx 50 +0.5%, though price action has been fairly contained in slim pre-CPI newsflow with US futures essentially unchanged.Yomiuri Yen revival keeps Greenback grounded awaiting US CPI data; reports the BoJ is to review the effects of its massive monetary easing at next week's gathering.Bonds wane after an early bull run to and through new big figure levels for Bunds and Gilts at 138.45 and 104.14 respectively,...

APAC stocks traded mixed as the major indices failed to fully sustain the early momentum from Wall St.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.4% after the cash market closed up 1.0% yesterday.DXY remains supported around the 103 mark, JPY leads the majors following reporting around the BoJ, EUR/USD is steady on a 1.07 handle.BoJ is to review the side effects of its massive monetary easing at its...

European bourses are firmer across the board, Euro Stoxx 50 +0.8%, with an easing in yields seemingly spurring a modest extension of opening gains.US FAA has reported a system equipment outage, all flights nationwide have been grounded, according to a source familiar via NBCDXY has consolidated above 103.00 to the modest detriment of peers, ex-antipodeans and Euro.The initial rally in fixed income has run out of steam and pulled back from...

APAC stocks tracked the advances on Wall Street whereby US stocks saw a slight unwinding of hawkish positioning post-Powell.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.6% after the cash market closed down 0.3% yesterday.DXY remains on a 103 handle, AUD gained post-CPI, EUR/USD, Cable and USD/JPY sit on 1.07, 1.21 and 132 handles respectively.Crude futures were pressured following a large surprise...

European bourses are under pressure, Euro Stoxx 50 -0.5%, in a continuation of the tepid APAC tone amid minimal newsflow.Goldman Sachs lifts its 2023 EZ GDP forecast to 0.6% (prev. -0.1%), no longer expects a euro-area recession.US futures are similarly contained and are diverging slightly around the unchanged mark pre-Powell; newsquawk primer available.Dollar is trying to regroup ahead of Fed Chair Powell, but DXY is heavy on the 103.000...

APAC stocks traded mostly lower as the risk appetite in the region stalled following a similar handover from Wall St.European equity futures are indicative of a weaker open with the Euro Stoxx 50 -0.8% after the cash market closed up 1.3% yesterday.DXY is back on a 103 handle after a brief slip below the level, EUR/USD is contained on a 1.07 handle, Cable met resistance at 1.22.Crude futures were marginally lower after a pullback from...

European bourses are firmer across the board, Euro Stoxx 50 +0.3%, as the constructive APAC tone from China's reopening leadsUS futures are in the green, ES +0.4%, in-fitting with the above sentiment ahead of Fed speak and a NY Fed Consumer Expectations surveyDXY continues to slip below the 104.00 mark between 103.860-420 parameters towards key technical support and its December low (103.380)Action which is benefitting peers across the...

APAC stocks gained with the MSCI Asia Pacific index on course to enter a bull market as the region took impetus from last Friday’s rally on Wall St.European equity futures are indicative of a firmer open with the Euro Stoxx 50 +0.8% after the cash market closed up 1.5% on Friday.DXY remains on a 103 handle, EUR/USD extended advances above 1.06 and USD/JPY retreated below 132. Antipodeans lead the majors.Crude futures were underpinned...