Newsquawk Rundown, Daily Podcast

European bourses are supported in tandem with pressure in European gas prices, Euro Stoxx 50 +1.7%; US futures firmer across the boardDXY under 108.50 to the benefit of peers (ex-CHF) and in particular antipodeans and the EUR, latter aided by gas pricesEGBs bid as benchmarks recoup from Monday's pressure, USTs in-fitting and looking to Fed's WilliamsWTI and Brent futures have pared back around half of the prior day's gains; Iraq output...

APAC stocks were mixed following a soft Wall St. lead heading into month-end; S&P 500 -0.67%.European equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.6% after the cash market closed down by 0.9% yesterday.DXY is back below 109.00, price action in G10 FX is largely contained, EUR/USD hovers around parity.Fed's Kashkari (2023 voter) said he was happy to see how Fed Chair Powell's Jackson Hole speech...

European bourses are under pressure amid the weekend's central bank hawkishness, Euro Stoxx 50 -1.5%; note, FTSE 100 away for a Bank Holiday.US futures are similarly subdued, ES -1.0%, in tandem with Europe as specific updates are somewhat limited ahead of a packed week of data.DXY neared 109.50 but has since pulled back below the 109.00 mark with peers under pressure across the board and the JPY lagging.EGBs slump following weekend...

APAC stocks took their cue from Friday's sell-off on Wall St post-Powell which saw the S&P 500 close lower by 3.4%.European equity futures are indicative of a lower open with the Euro Stoxx 50 future -1.3% after the cash market closed down by 1.9% on Friday.DXY printed a fresh YTD peak overnight, hawkish ECB talk was unable to support EUR vs. USD, JPY lags G10 FX.ECB’s Kazakhs said the ECB should discuss 50bps and 75bps hikes in...

European bourses are currently contained, Euro Stoxx 50 -0.2%, as initial price action eased with catalyst thin pre-PowellStateside, futures are under modest pressure, ES -0.4%, and the NQ -0.6% lags slightly given modest yield upsideDXY fades initial gains with EUR marginally back above parity and peers generally contained though NZD & JPY lagDespite fairly pronounced ranges, around 100 ticks in Bunds, the general tone is tentative...

APAC stocks took impetus from Wall St where stocks eventually ramped up heading into the close (SPX +1.41%, NDX +1.75%)European equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.5% after the cash market closed up by 0.2% yesterdayDXY is contained on a 108 handle, antipodeans lag G10 FX, EUR/USD remains below parity, cable hovers around 1.18EU's Borrell said they have received the US answer to Iran's response...

European bourses are essentially unchanged, Euro Stoxx 50 -0.1%, as an initial pronounced foray higher around the cash open that occurred without driver has dissipated.Stateside, futures remain modestly firmer but are similarly off best levels, ES +0.5%, ahead of Jackson Hole beginning today (Powell on Friday).DXY remains on a softer fitting from the APAC session, peers broadly benefitting though magnitudes differ; Antipodeans outpace, EUR...

APAC stocks took impetus from the positive handover from Wall St (S&P 500 +0.3%) but with gains capped as attention remained on the looming Jackson Hole Symposium.European equity futures are indicative of a slightly higher open with the Euro Stoxx 50 future +0.3% after the cash market closed up by 0.4% yesterday.DXY is softer after the index failed to hold above 109, antipodeans leads G10 FX, EUR/USD hovers around parity.It was...

Cautious price action in European hours with fresh drivers limited and the docket sparse ahead of Jackson Hole commencing on Thursday (Powell Friday), Euro Stoxx 50 -0.1%Stateside, futures are in-fitting both directionally and in terms of magnitude, ES -0.1%.DXY has recouped some of Tuesday's pressure, but has failed to make much ground above 108.80; GBP lags while havens outperformInitial pronounced EGB pressure briefly abated and...

APAC stocks were mixed following the lacklustre lead from global counterparts (SPX -0.26%, NDX -0.07%).European equity futures are indicative of soft open with the Euro Stoxx 50 future -0.3% after the cash market closed lower by 0.2% yesterday.DXY clawed back some data-inspired losses, JPY leads G10 FX, antipodeans marginally lag. Fed’s Kashkari suggested the FOMC can only relax on rate hikes when there is compelling evidence that...