Newsquawk Rundown, Daily Podcast

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...

European bourses are mixed, Euro Stoxx 50 +0.2%, as the complex wanes from best levels ahead of a packed Central Bank agenda.DXY has eased from newly formed peaks as yields ease from highs and broader sentiment stages a modest recovery.GBP and Gilts have reclaimed some composure following recent pronounced pressure, all eyes on BoE's Pill.Stateside, USTs are holding firm and similarly at the top-end of ranges ahead of numerous Fed...

APAC stocks were mostly higher in which the majority of indices shrugged off the negative lead from Wall St (-1.02%).European equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.5% after the cash market closed down 0.2% yesterday.DXY pulled back from recent highs, Cable has recovered to a 1.07 handle, NZD leads FX majors.BoE said it is monitoring developments in financial markets very closely and it will not...

European bourses are softer after a mixed cash open and despite a brief foray higher, Euro Stoxx 50 -0.5%, as sentiment remains subdued amid recession/inflation concerns.Stateside, futures are lower across the board in-fitting with peers going into a week of Fed speak and inflation data.DXY climbed to a fresh YTD high of 114.58 before paring modestly, but remaining firmer, as GBP in particular lifts off worst levels.Cable succumbed to a...

APAC stocks traded mostly negative in a resumption of last week's global stock rout. European equity futures are indicative of a lower open with the Euro Stoxx 50 future -0.7% after the cash market closed down 2.3% on Friday.GBP/USD suffered a flash crash to 1.0327, DXY breached 114 to the upside, Italian election had little sway on EUR.Italy is on course to appoint a right-wing government led by the Brothers of Italy party;...

European bourses are pressured across the board after the Flash PMI releases for the region indicate a contraction & resurgence in price pressures; Euro Stoxx 50 -1.5%Stateside, futures are lower in sympathy and continuing APAC performance awaiting their own PMI metrics and Fed commentaryGilts decimated to sub-99.00 from the 102.30 region in wake of the mini-Budget and accompanying fund consideration and potential inflationary...

APAC stocks were negative in the aftermath of the rush of global central bank rate hikes; Nikkei 225 was closed due to a public holidayDXY marginally gained but with price action contained after the headwinds yesterday, EUR/USD remained firmly below the 0.9900 handle, USD/JPY retested 142.00 to the downsideChinese Senior Diplomat Wang Yi said US-China ties are at a low ebb; G7 Foreign Ministers' statement noted there is no change in G7 policy positions on...

Equities in Europe trade mostly lower but off worst levels; US equity futures trade on either side of the unchanged markUSD/JPY slumped as Japan announced FX market intervention via USD-selling and JPY-buying; DXY retreated from a 111.81 peak as a resultDebt futures have witnessed some choppy price action at the sidelines, with the longer end of the curve outperforming Russian Deputy Chair of Security Council Medvedev said Russian...

US stocks closed with losses and the S&P 500 fell beneath 3800 after the FOMC; APAC traded mostly lowerFed hiked FFR by 75bps to 3.00-3.25% as expected in a unanimous decision; Fed dot plots saw the terminal rate forecast hiked to 4.6% from 3.8%Fed Chair Powell in his Q&A largely reiterated the rhetoric from Jackson Hole, but he said it is likely that rates will get to levels in the dot plotIn FX, DXY rose to 111.79 overnight and...

Stocks in Europe have clambered off worst levels with the region now trading mixed on the eve of the FOMC following the initial Russian-induced downsideUS equity futures are modestly firmer, but near the unchanged mark overallUSD bid on risk-aversion pre-FOMC, though the DXY has since eased from the fresh YTD high at 110.87The concerted initial bid for core benchmarks has waned with yields subduedCrude propped up...