Newsquawk Rundown, Daily Podcast

European bourses tread water with modest gains following a relatively mixed APAC lead; US futures post mild gainsDXY is softer and trades on either side of 108.00, EUR/USD faded at 1.0160, JPY continues its correction vs the USDChoppy and divergent price action in debt futures as EZ bonds digest decent auction results from Germany and ItalyWTI and Brent are firmer intraday as a function of the receding Dollar, but traders are wary as...

APAC stocks traded positive after the advances in global peers including on Wall St; S&P 500 +1.1%. European equity futures are indicative of a softer open with the Euro Stoxx 50 future -0.2% after the cash market closed up by 2.1% yesterday.DXY remains on a 108 handle, EUR/USD sits north of 1.01, GBP/USD briefly breached 1.17 and JPY narrowly leads G10 FX.Crude was choppy amid ongoing supply-related concerns, demand pressures...

European bourses extend on the upside seen at the open; US equity futures are posting gains with marginal outperformance seen in the NQ vs peersDXY recoiled further to its lowest level since late August in early hours, EUR/USD was boosted towards 1.0200 at one point, JPY remains the G10 laggard Recovery momentum is building towards a breach of big figures in the major fixed income contracts, with no major catalyst for the upsideWTI...

European bourses extend on the upside seen at the open; US equity futures are posting gains with marginal outperformance seen in the NQ vs peersDXY recoiled further to its lowest level since late August in early hours, EUR/USD was boosted towards 1.0200 at one point, JPY remains the G10 laggard Recovery momentum is building towards a breach of big figures in the major fixed income contracts, with no major catalyst for the upsideWTI...

APAC stocks took impetus from last Friday’s gains on Wall Street in a holiday-thinned start to the week.Russian forces have withdrawn from key towns in Eastern Ukraine as the Ukrainian counter-attack has made further progress. European equity futures are indicative of a firmer open with the Euro Stoxx 50 future +0.6% after the cash market closed up by 1.6% on Friday.DXY is near unchanged, EUR is firmer on a 1.00 handle, Cable sits on...

European bourses trade firmer across the board following constructive leads from APAC and Wall StreetDXY suffers from a large fall amid risk appetite, ECB sources yesterday, and Japanese verbal intervention, with the index back around 108.50UK Gilts have rebounded to extend well beyond prior session peaks; 10yr UST resides near the top of its rangeCrude futures have been climbing since the start of the APAC session as a function of the...

APAC stocks followed suit to the gains on Wall St (SPX +0.66%) although the upside was capped after recent global central bank activity.European equity futures are indicative of a firmer open with the Euro Stoxx 50 future +0.3% after the cash market closed up by 0.3% yesterday.DXY is on the backfoot and sits on a 109 handle, EUR/USD has gained a firmer footing above parity, Cable eyes 1.16 and AUD leads G10 FX.Source reports suggest that...

European bourses trade with a directionless bias on ECB day; US equity futures are portraying a similar tentativeness.DXY pulled back further from Wednesday’s new multi-year peak before finding support just under 109.500; JPY pared more losses.Bunds and Gilts sit far from best levels; US Treasuries are treading water albeit also off  overnight peaks US President Biden delayed the decision on Trump-era tariffs on China; China...

APAC stocks were mostly positive after the relief rally on Wall St where a lower yield environment and declines in oil prices underpinned risk appetite.European equity futures are indicative of a firmer open with the Euro Stoxx 50 future +0.5% after the cash market closed up by 0.1% yesterday.DXY is back on a 109 handle, antipodeans lag, EUR/USD hovers just below parity, GBP/USD sits just above 1.15.Crude nursed some of the recent losses...

European bourses have trimmed the losses seen at the open; US equity futures meander around the flat mark.DXY maintains bullish momentum but remained under 110.50 throughout most of the European session.Debt futures are hovering just below best levels having extended rebounds to fresh intraday highs.WTI and Brent futures have been bouncing off worst levels after printing multi-month lows; Base metals are mostly lower with upside hampered...