Newsquawk Rundown, Daily Podcast

APAC stocks traded mostly positive amid a pick-up from the holiday lull although Chinese markets faltered.European equity futures are indicative of a higher open with Eurostoxx 50 +0.7% after the cash market closed up by 0.5% yesterday.DXY is contained, JPY lags G10 FX with USD/JPY above 136.00, AUD was softer post-RBA rate hike. RBA hiked rates by 50bps, as expected, while it refrained from any hawkish surprises and reiterated its...

APAC stocks traded mixed as early momentum in the region was partially offset by Chinese default and COVID concernsUS equity futures pulled back after Friday's gains with demand sapped amid the long weekend in the USDXY traded rangebound amid the mixed risk appetite, EUR/USD and GBP/USD lacked direction, and USD/JPY remained subduedThe Biden administration is said to be split on whether to remove Chinese tariffs, according to FT...

European bourses are now mostly in the green to varying degrees after nursing opening lossesUS equity futures remain in negative territory but off worst levels as the contracts coat-tail on some of Europe's upsideIn FX, Dollar regroups after a late month-end fade amidst broad gain, JPY outperforms whilst high-beta G10s lagDebt futures rack up more safe-haven gains before a recovery in risk sentiment and sharp...

APAC stocks began the new trading month mostly in the red following a downbeat session on Wall St. which saw the S&P 500 close off its worst H1 performance since 1970Chinese Caixin Manufacturing PMI data rose to its highest level since May 2021European equity futures are indicative of a negative open with Eurostoxx 50 -0.9% after the cash market closed lower by 1.7% yesterdayDXY remains sub-105, JPY leads G10 FX whilst antipodeans...

Risk-off experienced across most markets on the final day of the month, quarter, and half-yearEuropean bourses are lower across the board; US equity futures succumb to the downside with NQ underperformingIn FX, DXY extends above 105.000, Yen regroups as yields drop, EUR/USD inches lower towards 1.04Debt in demand on safe haven grounds rather than duration as curves steepen on less hawkish/more dovish market...

APAC stocks were varied at month-end amid a slew of data releases including mixed Chinese PMIs.European equity futures are indicative of a negative open with Eurostoxx 50 -0.5% after the cash market closed lower by 1.0% yesterday.DXY lingers around the 105 mark, EUR/USD dipped as low as 1.0434 overnight, AUD leads G10 FX.Crude futures nursed some of the prior day's losses but with the rebound capped by the mixed risk...

European bourses are on the backfoot as the region plays catch-up to the losses on Wall Street yesterdayUS equity futures trade on either side of the unchanged mark with no stand-out performers thus farIn FX, Dollar is mostly bid, CHF outperforms, JPY is rangy, EUR sees conflicting inflation prints, and antipodeans lagBunds unwind all and a bit more of their hefty post-NRW CPI gains as other German states show smaller inflation slowdowns...

APAC stocks were pressured amid headwinds from the US where disappointing Consumer Confidence data added to growth concerns (S&P 500 -2%)European equity futures are indicative of a softer open with Eurostoxx 50 -0.6% after the cash market closed higher by 0.3% yesterdayDXY hovers around the 104.50 mark, EUR/USD maintains 1.05 status and USD/JPY sits on a 136 handleTurkey dropped its opposition to Sweden and Finland’s NATO...

European bourses are firmer as sentiment picked up heading into the cash open amid encouraging Chinese COVID headlinesChina is to cut quarantine time for international travellers; Shanghai Disneyland (DIS) will reopen on June 30thUS equity futures saw a leg higher in tandem with global counterparts, with the RTY narrowly outperformingBond reversal continues amidst buoyant risk sentiment, hawkish ECB commentary and...

APAC stocks were mixed with the region partially shrugging off the lacklustre handover from the US (S&P 500 -0.3%)European equity futures are indicative of a softer open with Eurostoxx 50 -0.4% after the cash market closed higher by 0.2% yesterdayDXY continues to hover around the 104 mark with G10 FX muted ahead of the European sessionFrench President Macron informed US President Biden of limited extra oil production capacity for...