Newsquawk Rundown, Daily Podcast

APAC stocks traded with gains across the board following the positive lead from Wall StreetChinese property names led the gains after China unveiled further support measures for the sectorUS and European equity futures resumed trade with modest gains, but price action is somewhat contained in the pre-Christmas lullDXY trundled lower throughout the session as it breached 104.00 to the downside before matching yesterday's 103.85 low; Aussie...

European bourses have eked out a marginal extension of their initial upside, Euro Stoxx 50 +0.9%, with both newsflow and the schedule ahead sparse.ES +0.6%; post-earnings NKE +12.5% & FDX +4.8%DXY has managed to attain an incremental foothold at 104.00, with peers ex-NZD generally contained in tight ranges.An early recovery bounce has seemingly run out of steam ahead of US 20yr supply, with Bunds and Gilts fading from respective...

APAC stocks eventually traded mixed following a mostly positive lead from Wall Street and with news flow on the quieter sideDXY traded on a firmer footing and reclaimed a 104.00 handle from a 103.91 low, USD/JPY trimmed recent losses and NZD lagged among G10s10yr UST and Bund futures were subdued overnight, whilst Japan's 2yr yield rose above 0% for the first time since 2015China will no longer take measures to isolate people from...

European bourses are under modest pressure, Euro Stoxx 50 -0.3%, as the complex lifts off post-BoJ lows in limited newsflow.JPY is the standout outperformer after the BoJ widened the 10yr yield band, sending USD/JPY to a test of 132.00 vs 137.00+ initial levels.DXY has been pushed below 104.00 to the modest benefit of G10 peers across the board; though, JPY-cross action is limiting this.Core debt has bounced from worst levels, though...

APAC stocks traded lower across the board with the broader risk profile hit by the BoJ's unexpected tweak to its Yield Curve ControlBoJ tweaked YCC in which it widened the 10yr yield band to +/- 0.5% (prev. +/-0.25%) and unexpectedly announced it is to increase bond purchases to JPY 9tln/m (prev. JPY 7.3tln/m) in Q1; Kuroda presser due at 06:30GMT/01:30ESTJPY soared on the BoJ decision to tweak its YCC, with USD/JPY slumping from levels around 137.00 to lows below...

European bourses have commenced the week on a firmer footing, Euro Stoxx 50 +0.7%, shaking off the softer APAC handover amid two-way COVID updates.Stateside, futures are similarly supported, ES +0.4%, in tandem with the European tone ahead of a sparse US docketUSD has faded despite hawkish weekend Fed rhetoric, with the DXY nearer the lower-end of 104.12-83 parameters amid marked initial JPY strengthBunds are facing modest pressure,...

APAC stocks eventually traded lower across the board following the downbeat performance on Wall Street on FridayDXY was softer and briefly dipped under 104.50, USD/JPY gapped lower amid weekend source reports, and EUR underperformedJapan's government is set to revise a 10-year-old joint statement with the BoJ that commits the central bank to achieve its 2% inflation "at the earliest date possible", although this was downplayed by the Japanese Chief Cabinet...

European bourses remain on a downward trajectory as the post-ECB slump continues with US futures similarly afflictedDXY has whipsawed within a 104.20-73 range, well within yesterday's bands, though an overall underlying USD bid has emergedEGBs continue to slide. With Bunds lower by over 150 ticks and the associated 10yr yield above 2.2% post-ECB.Crude benchmarks have succumbed to the above price action but remain someway above the...

APAC stocks were pressured on spillover selling from global counterparts following the slew of central bank rate hikes.European equity futures are marginally higher with the Euro Stoxx 50 future up 0.2% after the cash market closed with losses of 3.5% yesterday.DXY is a touch softer but on a 104 handle, JPY leads G10 FX, EUR/USD sits on a 1.06 handle, Cable lingers around 1.22.ECB President Lagarde reportedly offered policymakers...

European bourses and US futures are under pressure, seemingly in a second wave of the post-FOMC price action.USD has continued to climb throughout the morning, DXY above 104.40 at best with peers dented across the boardSNB & Norges Bank were essentially in-line with expectations, hiking by 50bp & 25bp respectively.Gilts continue to outperform and leading a relative 'revival' in the debt space, though USTs and Bunds are yet to make...