Newsquawk Rundown, Daily Podcast

European bourses are mixed and yet to make much ground either side of the unchanged mark, amid numerous European updates and the US tech headwind.Stateside, the NQ -1.7% is weighed on by GOOGL and MSFT post-earnings and ahead of further large-cap updates including META after-hours.DXY is under pressure and back below the 110.00 mark as Cable reclaims 1.16 and EUR/USD finds a foothold above parity.Commodities are buoyed across the board...

APAC stocks traded higher across the board following the positive lead from Wall Street; China outperformedUS equity futures were mixed overnight with the NQ underperforming after Microsoft and Alphabet both fell 6.7% after-market following earningsMajor Chinese state-owned banks sold USD in both onshore and offshore markets in late trade on Tuesday to prop up the weakening yuan, according to Reuters sourcesUK PM Sunak is reportedly...

European bourses are on the backfoot despite a firmer open as participants digest numerous heavyweight earnings and the latest Ifo ahead of key US printsUS futures in-fitting directionally ahead of numerous key releases, including Alphabet & MicrosoftDXY remains in proximity to 112.00, though off best, as Cable reclaims 1.13 while EUR shrugs off the IfoYuan saw pronounced action amid the weakest fix since 2008 and the regulator...

APAC stocks eventually traded mostly higher following a firm lead from Wall Street; Chinese stocks experienced a choppy sessionDXY traded under 112.00, USD/JPY was relatively stable, CNH weakened on the PBoC fixingSouth Korean President Yoon said North Korea has completed preparations for a seventh nuclear testSky News sources suggest Jeremy Hunt is to remain UK Chancellor, while Penny Mordaunt wants the Foreign Secretary...

Equities are firmer in Europe and back to flat for US futures, as mixed APAC trade and PMI pressure eases a touchUSD has regrouped from Friday's dovish-downside though GBP outperforms while JPY has eased from best following pronounced APAC actionBonds back off after early EU buying frenzy; with Gilts leading the way as the prospect of Sunak becoming the UK PM increases significantlyCommodities clipped, but off worst, as the USD regains...

APAC stocks traded mixed, Hong Kong underperformed and its tech stocks slumpedChinese President Xi secured a third term as CCP leader as expected; the delayed Chinese economic data was releasedIn FX, DXY reclaimed a 112.00 handle, Japan is touted to have intervened in FX markets on Monday, GBP outperformedUK former PM Boris Johnson has pulled out of the Conservative Party leadership contestNorth Korea and South...

Equities began the session on the backfoot and have extended to the downside, with the NQ lagging stateside post-SNAP.SNAP -25% in the pre-market; TWTR -8%, with the US reportedly to review Musk's dealUSD continues to climb with the index above 113.50 at best while USD/JPY tests 151.00 and Cable near 1.11Debt has extended on initial downbeat performance amid Germany approving the debt brakes suspension; UK 10yr back above...

APAC stocks traded cautiously with the region lacking firm direction following the weak lead from Wall Street (S&P -0.8%).European equity futures are indicative of a lower open with the Euro Stoxx 50 future -1.0% after the cash market closed with gains of 0.6% yesterday.DXY reclaimed 113, cable is back below 1.12, USD/JPY remains on a 150 handle, NZD lags.US government is reportedly mulling a security review regarding Elon Musk's deal...

European cash bourses trade mixed with the breadth of the market narrow, US futures softer though off lows and variedTSLA -5.0% in the pre-market post-earnings; in Europe, Ericsson and Nokia hit on marginsPound pressured alongside PM Truss and after BoE's Broadbent, USD/JPY through 150.00 while DXY slips from 113.00Debt remains depressed though notably off worst levels after dovish remarks from BoE's Broadbent, yields bid but have...

APAC stocks were pressured following the weak handover from Wall Street (S&P 500 -0.7%). Tesla was lower by 6.3% post-earnings after-hours. China is reportedly mulling cutting inbound quarantine to 7 days from 10 days, according to Bloomberg.European equity futures are indicative of a lower open with the Euro Stoxx 50 future -0.3% after the cash market closed with gains of 0.2% yesterday.DXY has pulled back below 113,...