Newsquawk Rundown, Daily Podcast

European bourses and US futures spent much of the morning under modest pressure, with the US in particular fairly rangebound pre-earnings & Wednesday's FOMC.However, further pressure has been seen in wake of the most recent Kremlin-related commentary, with the Nord Stream 1 turbine yet to be installed.Dutch TTF & Crude benchmarks bid ahead of further Nord Stream 1 curtailments, though, the upside waned as the EU agrees on an emergency energy deal for the...

APAC stocks eventually traded mostly higher; Hang Seng outperformed as Alibaba seeks a primary HK listing.DXY declined heading into the Chinese cash open but then trimmed losses, EUR/USD saw resistance at 1.0250.Crude futures gained overnight amid a pullback in the Dollar, spot gold was flat and base metals rose.Walmart tumbled almost 10% after it issued a profit warning, Amazon fell in sympathy but later announced Prime subscription...

European bourses are firmer across the board as the initially cautious tone amid soft-Ifo and weekend developments dissipated amid USD-downside and constructive Kremlin remarksUS futures also modestly bid into the busiest Q2 earnings week and pre-FOMCUSD is under pressure on the risk tone with EUR underpinned by Kazaks despite Ifo while antipodeans lead the wayCore debt has seen pronounced two-way action amid the above factors; currently,...

APAC stocks traded mostly lower; China’s property stocks and bonds rallied on reports of a potential real estate fund.DXY initially firmed before pulling back, EUR/USD traded on either side of 1.0200, and the AUD and NZD were the marginal G10 laggards.10yr UST futures and Bund futures consolidated overnight and held onto last Friday's gains whilst APAC bonds played catch-up.Crude futures gave up earlier gains, base metals rallied whilst...

European bourses are resilient despite Flash PMIs for June contracting, while US futures are subdued but rangeboundDXY climbs amid EUR pressure post-PMIs, with the USD weighing on peers in turn though JPY & CHF benefit from yield actionCore debt extends on post-ECB recovery rallies amidst this and curves steepen amid a paring of tightening expectationsCrude benchmarks surrender APAC upside on contraction concerns and remain focused on...

APAC stocks were mostly higher after the gains in the US but with upside capped by lingering growth concerns.European equity futures are indicative of a slightly lower open with Eurostoxx 50 -0.2% after the cash market closed with gains of 0.3% yesterday.DXY has recouped some lost ground, antipodeans lag G10 FX, EUR/USD is back on a 1.01 handle. Nord Stream 1 turbine was said to be stuck in transit in Germany due to Russia not giving...

European bourses gave up initial upside as Draghi resigns; however, current performance is more mixed with Nord Stream 1 flowing and earnings factoringStateside, futures are directionally in-fitting but with magnitudes more contained thus far awaiting earnings developments.DXY has benefitted from JPY downside amid the BoJ while the EUR slipped on Draghi and awaits the ECB.Core debt is off lows and somewhat choppy while BTPs slump over 200...

APAC stocks traded cautiously following the mixed performance of global counterparts and amid risk events.European equity futures are indicative of a softer open with Eurostoxx 50 -0.2% after the cash market closed with losses of 0.1% yesterday.Italian PM Draghi is set to announce his intention to resign at 08:00BST.DXY is on the backfoot, EUR/USD reclaimed 1.02 and JPY contained after BoJ stood pat on...

European bourses are modestly firmer at present as we move towards the week's key risk events and as participants had already reacted to the Nord Stream developments.US futures similarly contained before further earnings releases, including Tesla after-hours.The USD is pressured though the DXY has marginally reclaimed 106.50 with peers eking marginal upside.Core debt continues to climb and BTPs lead the way after Draghi's initial Senate...

APAC stocks followed suit to the gains in the EU and the US where sentiment was underpinned by Nord Stream optimism and a weaker buck.European equity futures are indicative of a higher open with Eurostoxx 50 +0.2% after the cash market closed with gains of 2.2% yesterday. DXY was subdued on a 106 handle, antipodeans lead G10 FX amid the constructive mood, GBP and EUR also supported. Crude futures plateaued overnight following...