Newsquawk Rundown, Daily Podcast

European bourses are mixed, Euro Stoxx 50 -0.6%, following a similar APAC session with impetus from Shanghai's reopening offset by activity data and geopoliticsStateside, futures are lower across the board, ES -0.4%, with the NQ marginally lagging as yields lift; Fed's Williams due later before Powell on TuesdaySweden & Finland are moving forward with NATO bids, with Russia pushing back against this; no progress expected today on the EU's 6th sanctions...

APAC stocks traded mixed after disappointing Chinese activity data clouded over the early momentum from Friday’s rally on Wall St.Shanghai will gradually start reopening businesses as of Monday following weeks of strict lockdown.European equity futures are indicative of a lower open with Eurostoxx 50 -0.3% after the cash market closed up 2.5% on Friday.Turkish President Erdogan’s top adviser Kalin said that Turkey is not closing its door...

European bourses are firmer as the rebound from Thursday's selloff continues, Euro Stoxx 50 +1.3%; US futures similarly bolstered, ES +1.0%Elon Musk says the Twitter (TWTR) deal is temporarily on hold, pending details; TWTR -20% in pre-marketDXY is off YTD highs but has regained a firmer footing on the session; JPY slips as sentiment recoversCore debt has bounced back to unchanged for EGBs after conceding ground on the risk recovery; US...

APAC stocks were firmer as risk momentum picked up following on from the volatile session on Wall St.Fed Chair Powell said whether a soft landing can be executed or not may depend on factors that they cannot control.European equity futures are indicative of a higher open with Eurostoxx 50 +1.1% after the cash market closed down 0.9% yesterday.DXY has taken a breather from recent advances, EUR/USD remains sub-1.04, antipodeans attempt to...

US futures are lower across the board though the magnitude is less extreme vs Europe, ES -0.6%, Euro Stoxx 50 -2.5%DXY has climbed to a fresh YTD peak, amid broad FX pressure ex-JPY which is supported on haven premiumAs such, core debt has continued to lift with accompanying yields retreating further; US curve flattening pre-supplyCrude is pressured but off lows following the Russian Kremlin on Finland's NATO bid and N. Korea firing a...

APAC stocks were pressured after the losses on Wall St where the major indices whipsawed in the aftermath of the firmer than expected US CPI data.European equity futures are indicative of a softer open with Eurostoxx 50 -2.3% after the cash market closed with gains of 2.6% yesterday.DXY traded indecisively around 104.00, antipodeans lag, USD/JPY is back below 130.00.The crypto collapse persisted with Bitcoin breaching the 27,000 level to...

Stateside, futures are bolstered though with gains marginally more contained vs European-peers going into today's inflation data, ES +1.0%Greenback grounded in advance of US CPI as Treasury yields recede and curve re-flattens, DXY slips further below 104.00 and sub-103.50 vs fresh 2022 peak at 104.190 on Monday.As such, peers across the board are making gains vs USD; antipodeans leading on base-metals and CHF a relative outperformer after Tuesday's...

APAC stocks traded mixed following the choppy performance on Wall Street.Ukrainian gas transit system operator chief said Russian occupying forces started taking transit gas and sending it to pro-Russian separatist regions.European equity futures are indicative of a higher open with Eurostoxx 50 +0.9% after the cash market closed with gains of 0.8% yesterday.DXY trades a touch softer after stalling ahead of 104.00, antipodeans lead in the...

European equities feel some reprieve following the prior session’s selloff; Euro Stoxx 50 +1.2%; US futures similarly bolstered.USD retains a firm bid with peers mixed across the board; JPY outpaces while USD/CHF nears parity.Core debt continues to bounce after an early breather, action was intensified post-Bobl/Gilt supply.Crude benchmarks are pressured, but yet to approach overnight lows, with fundamentals focused on familiar...

APAC stocks were mostly negative after the resumed sell-off on Wall St where the S&P 500 slipped beneath 4,000 for the first time since March 2021EU's Von Der Leyen tweeted that progress was made with Hungary but further work is needed.European equity futures are indicative of a marginally higher open with Eurostoxx 50 +0.2% after the cash market closed lower by 2.8% yesterday.DXY pulled back from YTD highs and the 104 level,...