Newsquawk Rundown, Daily Podcast

European bourses have commenced the session on the front foot as broader sentiment remains constructive largely in a continuation of yesterday's recovery.Stateside performance is very in-fitting, ES +1.5%, ahead of Fed speak and after a constructive update from Foxconn.USD continues to pullback to the broad benefit of peers, DXY sub-111.00 at worst while Cable reclaims 1.14Core debt is bid across the board, though has since dipped from...

APAC stocks notched firm gains as the region took impetus from the strong performance on Wall St (SPX +2.59%, NDX +2.36%).European equity futures are indicative of a higher open with the Euro Stoxx 50 future +1.5% after the cash market closed with gains of 0.7% yesterday.The RBA slowed down the pace of rate hikes with a surprise 25bps increase instead of the expected 50bps move.DXY remains sub-112, AUD lags post-RBA, cable sits on a 1.13...

European equities have kicked the week off on the backfoot following the selling pressure seen on Wall Street on Friday whilst the APAC session saw holiday-thinned conditionsUS futures are more of a mixed bag with the tech-laden NQ incrementally lagging peers.Cable lifted to a 1.1279 best sending DXY below 112.00; however, this action has since eased with peers heavily mixed vs. USDCore benchmarks lifted markedly alongside the...

APAC stocks were mostly lower as the region failed to shrug off the negative mood following last Friday’s losses on Wall St.European equity futures are indicative of a lower open with the Euro Stoxx 50 future -1.7% after the cash market closed with gains of 1.2% on Friday.DXY has reclaimed 112, GBP lags G10 FX and hovers just below 1.11, antipodeans lead the majors.OPEC+ sources on Sunday said the group may opt for cuts over 1mln...

European equities are attempting to claw back some of yesterday’s downside on quarter and month end; US futures similarly bidGBP's revival has continued ahead of a meeting between PM Truss and the OBR, with a statement expectedA move that has taken Cable above 1.12 but shy of mini-Budget levels; DXY sub-112.00 at worst, though still firmer overall.Debt Benchmarks bid but modestly off best levels with Bunds leading the charge, but well...

APAC stocks were mostly lower after the negative performance across global peers (SPX -2.11%, NDX -2.86%).European equity futures are indicative of a flat open with the Euro Stoxx 50 future unch. after the cash market closed down 1.7% yesterday.DXY reclaimed 112 to the upside, EUR/USD maintained 0.98 status, whilst cable extended recovery gains to breach 1.12 at one stage.EU senior diplomat said EU countries are nowhere near a consensus...

European stocks are experiencing another bleak session thus far as the overnight gains in futures dissipated heading into the cash open.USD has regained some poise after a mid-week pullback; though, the DXY remains off earlier 113.79 highsYuan has derived pronounced support from Reuters reports that China's state banks have been told to stock up for intervention offshoreUK PM Truss stuck to the Chancellor's mini-Budget, saying it is the...

APAC stocks traded higher as the region took impetus from the rally on Wall St (SPX +1.91%).European equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.6% after the cash market closed up 0.2% yesterday.DXY reclaimed 113 status with majors broadly softer vs. the greenback, GBP lags after Cable encountered resistance around 1.09. 10yr UST futures eased from this week’s highs as yesterday’s Gilt-driven...

BoE is to undertake temporary Gilt purchases and is pushing back the commencement of QT to restore orderly conditions.Initial debt pressure has given way to pronounced and increasing upside following the BoE's statement, Gilts +350ticks, Cable whipsawed but ultimately settled near pre-release.European bourses remain softer on the session, with sectors still defensive; though, this pressure has waned in wake of BoE action.Crude benchmarks...

APAC stocks were lower across the board following the renewed bond selling on Wall Street.European equity futures are indicative of a lower open with the Euro Stoxx 50 future -1.2% after the cash market closed down 0.4% yesterday.DXY has extended gains above 114.00, antipodeans lag majors, EUR/USD and GBP/USD are on 0.95 and 1.06 handles respectively.10yr UST futures remained subdued after the prior day’s renewed selling with the 10yr...