Newsquawk Rundown, Daily Podcast

APAC stocks were mostly negative with risk appetite cautious and global markets also likely to be hampered by the absence of US participants today.European equity futures are indicative of a softer open with Eurostoxx 50 -0.3% after the cash market closed higher by 0.3% yesterday.DXY is softer and on a 104 handle, AUD leads G10 FX, EUR/USD is back on a 1.05 handle. French President Macron failed to win an absolute majority in...

European bourses are now firmer across the board, Euro Stoxx 50 +1.2%, as performance picks up following a mixed open amid comparably quiet newsflowUS futures are in-fitting though the overall complex is cognisant of Quad Witching & Chair PowellDXY bid as the JPY tumbles amid the BoJ bucking the trend and remaining ultra-accommodative; activity-FX also hamperedCore debt has seen a concerted bounce from earlier lows, though action has...

APAC stocks mostly suffered firm losses amid the global risk-aversion which saw the S&P 500 close lower by 3.1%.BoJ kept policy settings unchanged as expected and will keep offering to buy 10yr JGBs at 0.25%.DXY has reclaimed 104 status, JPY is the clear laggard in G10 FX, EUR/USD sits on a 1.05 handle. European equity futures are indicative of a positive open with Eurostoxx 50 +0.8% after the cash market closed lower by...

European bourses and US futures are hampered following a surprise SNB hike, with pronounced price action seen across assetsSNB hikes by 50bp to -0.25% and cannot rule out further increases ahead; sparking noted CHF appreciationDXY is well off best levels, but has recouped 105.00 as activity currencies come under pressure while CHF & JPY outperformBonds collapse as SNB unexpectedly strikes against inflation; with USTs back to...

APAC stocks were mostly positive and followed suit to the gains on Wall Street post-FOMC; SPX +1.46%The Fed hiked rates by 75bps and lifted its FFR projections, Fed Chair Powell said he does not expect 75bps moves to be commonEuropean equity futures are indicative of a positive open with Eurostoxx 50 +0.3% after the cash market closed higher by 1.6% yesterdayDXY has rebounded from the post-FOMC declines, JPY lags G10 FX, GBP eyes the...

US futures are firmer across the board, ES +0.3%, though overall action here is more contained than in Europe given the FOMC loomsEuropean bourses are supported amid an ad-hoc ECB meeting on current market conditions, an update which bolstered the EUR and narrowed the BTP-Bund spreadHowever, the spread re-widened amid sources which did not appear to indicate a marked policy shift from the gatheringBroader FX features a downtrodden DXY to...

APAC stocks traded mixed following a mostly negative US lead and better-than-expected Chinese activity data.European equity futures are indicative of a mildly positive open with Eurostoxx 50 +0.3% after the cash market closed with losses of 0.8% yesterday.DXY is relatively flat ahead of the European open, JPY leads G10 FX, Cable is back below 1.20.ECB's Schnabel said the ECB will not tolerate changes in financing conditions that threaten...

European bourses began on the front-foot; however, the ‘turnaround’ was shortlived with bourses now red across the board, Euro Stoxx 50 -0.8%.Stateside, futures remain modestly positive, ES +0.4%, awaiting clarity from the Fed amid increasing speculation of a 75bp moveDXY continues to slip with peers mixed with low-yielding nations benefitting though activity currencies slip once moreCore debt has consolidated somewhat from Monday’s rout,...

European bourses began on the front-foot; however, the ‘turnaround’ was shortlived with bourses now red across the board, Euro Stoxx 50 -0.8%.Stateside, futures remain modestly positive, ES +0.4%, awaiting clarity from the Fed amid increasing speculation of a 75bp moveDXY continues to slip with peers mixed with low-yielding nations benefitting though activity currencies slip once moreCore debt has consolidated somewhat from Monday’s rout,...

APAC stocks were pressured following the global stock and bond slump; S&P 500 -3.9%, NQ -4.6%A WSJ piece noted the Fed is likely "to consider surprising markets with a larger-than-expected 0.75-percentage-point interest rate increase at their meeting this week".European equity futures are indicative of a higher open with Eurostoxx 50 +0.9% after the cash market closed with losses of 2.7% yesterday.DXY pulled back overnight, EUR/USD...