APAC stocks eventually traded mostly higher following a tentative lead from the US (S&P 500 -0.1%).Taiwan began a live-fire artillery drill simulating defence against an attack by China, according to AFP.European equity futures are indicative of a marginally softer open with the Euro Stoxx 50 future -0.2% after the cash market closed higher by 1.0% yesterday.G10 FX is contained with the USD steady, EUR/USD eyeing 1.02 to the upside,...
European bourses are firmer across the board after shrugging off mixed APAC trade, Euro Stoxx 50 +0.8%.Similar directional performance in US futures, though magnitudes are more contained amid limited newsflow with little scheduled ahead, ES +0.3%.APAC trade was torn between strong Chinese trade data and hawkish Fed repricing post-NFPDXY has pulled back from Friday's peaks to the modest benefit of peers while core Fixed experience similar...
APAC stocks traded mixed with price action choppy as participants reflected on encouraging Chinese trade data and hawkish Fed repricing.European equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.6% after the cash market closed with losses of 0.8% on Friday.Fed’s Bowman (voter) said the Fed should consider more 75bps rate hikes at coming meetings.DXY is contained after Friday's gains, AUD outperforms G10 FX,...
European bourses are under modest pressure in wake of China taking countermeasures against "Pelosi's invasion of Taiwan", Euro Stoxx 50 -0.4%.However, performance is fairly contained overall as we await the key US Labour Market print (newsquawk preview available) before next week's CPI.DXY is firmer on the China update with activity currencies pressured and havens deriving modest upside.Core debt is relatively steady with a modest...
APAC stocks traded mostly positive but with gains capped amid geopolitical and growth slowdown concernsEuropean equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.2% after the cash market closed up 0.6% yesterdayDXY is firmer but sub-106, EUR/USD stalled near resistance at 1.0250, JPY lags G10 FX and GBP stabilised post-BoERBI hiked the Repurchase Rate by 50bps to 5.40% (exp. hike of 25bps-50bps); further...
European bourses are firmer across the board, Euro Stoxx 50 +0.9%, with the general tone constructive though the FTSE 100 lags pre-BoE amid GBP strength.US futures have lifted from initial rangebound action, ES +0.3%, with specific newsflow limited pre-data/Fed speak.DXY subdued with peers generally bid though CAD is pressured amid crude consolidation while JPY is the G10 laggard thus far.Core consolidation after recent rampant upward...
APAC stocks were firmer as the positive momentum rolled over from global peers (S&P 500 +1.56%, NDX +2.73%)European equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.2% after the cash market closed up 1.3% yesterday.FX markets are relatively contained with the DXY marginally softer, antipodeans outpace peers, GBP steady ahead of BoE. Looking ahead, highlights include EZ & UK Construction PMI, US...
European bourses are mixed but with a modest positive underlying bias emerging as the session progresses ahead of key risk events, Euro Stoxx 50 +0.4%Stateside, futures are firmer across the board, ES +0.4%, moving directionally with their European peers and eyeing US/China/Taiwan, ISM Services and Fed speakFor FX, the DXY remains in proximity to the trough of 106.00 with peers modestly bid across the board ex-CHFBenchmarks have been...
APAC stocks were mostly kept afloat following US House Speaker Pelosi’s safe arrival in Taiwan but upside was capped by China's response.21 PLA jets entered Taiwan's ADIZ, while Chinese battery giant CATL is reportedly pausing its North American battery plant announcement.European equity futures are indicative of a softer open with the Euro Stoxx 50 future -0.2% after the cash market closed down 0.6% yesterday.DXY is softer but...
European bourses are pressured as the general tone remains tentative ahead of Pelosi's visit to Taiwan, Euro Stoxx 50 -0.9%; note, FTSE 100 -0.1% notably outperforms following earnings from BP +3.0%.Stateside, futures are similarly downbeat and have been drifting lower amid the incremental updates to Pelosi and her possible Taiwan arrival time of circa. 14:30BST/09:30ET; ES -1.0%.DXY lifts as activity currencies wane on the above risk tone alongside JPY extending...
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