Newsquawk Rundown, Daily Podcast

APAC stocks traded cautiously after the lacklustre handover from Wall St where the major indices were subdued; Hong Kong outperformed European and US equity futures lacked firm direction despite an earlier approach towards the prior day's lowsDXY was marginally higher overnight, G10s were mostly lower, and the JPY laggedUS Energy Envoy Hochstein said the US still needs to replenish the SPR for the...

European bourses are somewhat mixed after a predominantly soft cash open, Euro Stoxx 50 -0.5%; though, the breadth of the market remains narrow.Stateside, futures are in relative proximity to the unchanged mark and are yet to meaningfully deviate from overnight ranges, ES -0.2%USD is mixed vs G10 peers, though the DXY itself, while negative on the session, remains underpinned around 105.50.Crude benchmarks are softer intraday given the...

APAC stocks traded mostly lower following the tech-led rout seen on Wall Street which saw the NDX close with losses of 2%DXY was steady and held on to most of the prior day’s gain, USD/JPY was underpinned, Antipodeans attempted to nurse lossesChina will fine-tune COVID control measures and allow home quarantine, as well as ease testing, according to Xinhua; China will conduct a press conference at 15:00 local time (07:00GMT/02:00EST)NBC...

Choppy session thus far across equities as the region looks for direction, ES circa. 4k.Followed mixed APAC trade given the hawkish Wall St. handover eased on further China COVID control adjustmentsDXY briefly eclipsed Monday's best to a 105.50 peak before fading in relatively limited newsflow and as UST yields ease.Aussie is the modest outperformer following a 25bp RBA hike and guidance for further inflation-justified...

APAC stocks were somewhat mixed with early headwinds from Wall St where risk assets were pressured as bond yields and the Dollar gainedDXY remained above the 105.00 level, USD/JPY extended on gains with a brief foray above 137.00, and Yuan pared back some recent gainsRBA hiked its Cash Rate by 25bps and signalled further rate hikes ahead which prompted an adjustment in CBA's forecast for the terminal rate to 3.35% from 3.10%Beijing city...

European bourses are under modest pressure, Euro Stoxx 50 -0.2%, with US futures in-fittingFollowing fairly contained APAC action though Chinese stocks outperformed amid a further easing of COVID controlsCrude benchmarks have been choppy, but are ultimately firmer post-OPEC+ and as the Russian oil cap comes into effect at USD 60/bbl.DXY bid with the Yuan and AUD outperforming while JPY is the standout laggardEGBs...

APAC stocks traded mostly positively, although the gains for the rest of the region were limited; China outperformedSeveral Chinese cities accelerated the loosening of COVID-19 restrictions over the weekend including Shanghai and ShenzhenOPEC+ ministers formally endorsed the output policy rollover and will hold the next JMMC meeting on February 1st, while it vowed to stand ready to adjust oil output to stabilise marketsRussian Deputy PM...

Equities in Europe are mostly mildly softer with the ranges particularly narrow ahead of the US jobs report; US futures in-fittingDXY is under pressure with peers modestly firmer and JPY outpacing given yield differentials and Tamura's remarksBunds are modest bid but failed to breach 143.00 with USTs essentially unchanged pre-NFPCrude benchmarks similarly contained awaiting oil cap/OPEC+ developmentsBeijing City...

APAC stocks were subdued following the uninspired lead from the US ahead of the looming NFP jobs report.European equity futures were slightly lower with the Euro Stoxx 50 future down 0.2% after the cash market closed with gains of 0.5% yesterday.DXY remains sub 105, EUR/USD breached 1.05 to the upside, GBP narrowly lags G10 FX, NZD is the modest outperformer.EU officials are to resume discussions to break the deadlock on a price cap for...

European bourses have benefited from the post-Powell surge, US futures more contained pre-dataAdditional support derived in APAC hours from China's PMIs and COVID adjustmentsDXY remains downbeat given the dovish Powell reaction, JPY is the standout beneficiary given rate differentialsEGBs are bid with pricing for December's ECB tilting towards 50bp given the magnitude of overnight price action, Lane speaks...