Newsquawk Rundown, Daily Podcast

European bourses are hampered across the board, Euro Stoxx 50 -2.5%, in a continuation of the fallout from Friday's US CPI and amid fresh COVID concerns in China.US futures are in-fitting with this price action, ES -2.4% (sub-3800 at worst), ahead of the FOMC where the likes of Barclays now look for a 75bp hike after the May inflation release.DXY continues to climb and has peaked at 104.75 thus far, ahead of the 105.01 YTD best; peers are pressured as such though...

APAC stocks declined across the board following the hot US CPI and amid fresh COVID concerns in China.European equity futures are indicative of a lower open with Eurostoxx 50 -1.5% after the cash market closed with losses of 3.4% on Friday.DXY held on to recent gains, EUR/USD is back below 1.05 and USD/JPY breached 135 for the first time since February 2002.UK government will publish legislation on the Northern Ireland Protocol...

European bourses are pressured in a continuation of the APAC handover, Euro Stoxx 50 -1.6%US futures are mixed/flat for the most part, ES -0.2%, ahead of the US CPI releaseDXY is bid but off 103.49 best levels while antipodeans/JPY outperform as GBP and CAD lagBTP-Bund yield spread continues to gradually widen, though Bund upside is offsetting this somewhatUSTs pivot the unchanged mark pre-CPI, yield curve...

APAC stocks were mostly negative after the glum mood rolled over from global counterparts (S&P 500 -2.4%)European equity futures are indicative of a lower open with Eurostoxx 50 -0.9% after the cash market closed with losses of 1.7% yesterdayDXY is softer but maintains 103 status, EUR/USD remains on a 1.06 handle, JPY leads G10 FXCrude futures declined amid COVID woes and with pressure seen as Chinese commodities came...

Equities are, overall, struggling for clear direction in relatively cautious trade going into ECB; Euro Stoxx 50 -0.5%Bourses, and US futures, were lifted amid further constructive China tech developments, this time for Ant; albeit, we have drifted modestly off best since, ES +0.3%DXY remains in proximity to 152.00 and within yesterday’s parameters amid JPY and Yuan upside while EUR lies between sizeable OpExCore debt is choppy but Bunds...

APAC stocks were subdued following a weak handover from the US and with sentiment cautiousDXY faded the prior day's marginal gains; G10s were broadly flat with some modest outperformance in the JPYThe White House said it expects elevated inflation numbers to be released on Friday, according to ReutersShanghai will lock down the Minhang district on Saturday morning for mass COVID-19 testing, according to...

European bourses have trimmed initial upside, Euro Stoxx 50 -0.2%, with macro newsflow limited and the initial strength primarily a continuation of APAC/Wall St. leads.Stateside, futures are modestly pressured overall but well within overnight ranges ahead of a slim docket; ES -0.4%.USD/JPY continues to extend and has peaked just shy of 134.00 thus far; DXY continues to extend though is off intra-day bestsCore debt experienced hefty...

APAC stocks were mostly higher following the gains on Wall St and optimism of China easing its tech crackdownDXY was rangebound near 102.50, USD/JPY printed fresh 20-year highs above 133.00, and Antipodeans saw late pressureRBI hiked by 50bps to 4.90% (exp. 40bps hike) via unanimous decision and dropped mention of "staying accommodative"Elon Musk's effort to arrange new Twitter (TWTR) deal financing is on hold amid...

European bourses are modestly pressured, Euro Stoxx 50 -0.9%, with newsflow relatively limited once more and participants looking ahead to the week's risks eventsStateside, futures are in-fitting directionally, but magnitudes marginally more contained ahead of a sparse US-specific docketAUD is contained once more after a 50bp RBA hike, exceeding expectations, sparked short-lived upside while the DXY is steady mid-rangeEGBs have drifted...

APAC stocks traded cautiously amid upside in yields and ahead of upcoming risk events. European equity futures are indicative of a weaker open with Eurostoxx 50 -0.9% after the cash market closed higher by 1.5% yesterday.DXY remains firmer above 102.50, EUR/USD is back below 1.07 and RBA-inspired gains in AUD were trimmed.UK PM Johnson won the confidence vote, as expected, with total votes at 211 vs...