Newsquawk Rundown, Daily Podcast

European cash markets kicked off the week lower across the board with a relatively broad-based performance seen across the majorsTwitter is reportedly re-examining Elon Musk’s bid in which a potential deal could be made as early as this week, WSJ sourcesStateside futures are lower in tandem with the broader market sentiment, whilst the NQ is slightly more cushioned by the earlier decline in yields.DXY set a new 2022 peak at 101.750 amid...

APAC stocks traded negatively after last Friday's stock rout on Wall Street; S&P 500 posted its worst day since March 7th.Ukraine offered Russia a special round of talks to be held in Mariupol.European equity futures are indicative of a lower open with Eurostoxx 50 -1.7% after the cash market closed lower by 2.2% on Friday.DXY strengthened amid the overnight risk-aversion, antipodeans lag, EUR gains fleeting vs. USD...

Equities are pressured across the board with Europe reacting to hawkish Central Bank commentary and the subsequent subdued APAC/Wall St. handoverUS futures are modestly softer after pivoting contained APAC parameters, today is the last day before Fed blackoutDXY continues to climb printing fresh YTD highs while Cable slips to YTD lows after retail sales; broader FX is lower but magnitudes slimmer, high-betas lagCore debt continues to...

APAC stocks were negative on spillover selling from Wall St with risk sentiment sapped amid higher yields.Ukrainian President Zelensky said Russia rejected a proposal for an Easter truce, according to Reuters.European equity futures are indicative of a lower open with Eurostoxx 50 -1.8% after the cash market closed higher by 0.8% yesterday.DXY hovers around the 100.50 mark, antipodeans lag, EUR and JPY lead in the G10...

European bourses and US futures are bolstered, ES +0.8%, with currency dynamics lifting EZ bourses and after-market earnings assisting, TSLA +7%DXY is pressured amid EUR advances following ECB’s de Guindos saying a July hike is possible, also sparked noted debt downsideMore broadly, FX sees some divergence ahead of multiple Central Bank speakers and after various inflation releasesWTI and Brent are firmer, but off best levels, amid...

APAC stocks followed suit to the mixed performance on Wall St amid a lack of fresh macro drivers.Kyiv is ready to hold a special round of negotiations in Mariupol without conditions, according to Reuters.European equity futures are indicative of a slightly higher open with Eurostoxx 50 +0.3% after the cash market closed higher by 1.7% yesterday.DXY sits just below 100.50, USD/JPY is back on a 128 handle, NZD is softer...

European bourses and US futures were choppy at the commencement of the European session, but, have since derived impetus in relatively quiet newsflow amid multiple earnings and as yields continue to ease; ES Unch.NFLX lower by 26% in the pre-market as subscriber numbers fall; TSLA due after the closeDXY continues to slip amid receding yields and a recovery in the JPY as the BoJ ramps up intervention to anchor 10yr yieldsCore debt is...

APAC stocks eventually traded mostly positive after the firm handover from the US which saw a solid performance for the NDX.The PBoC defied expectations for a cut to its benchmark lending rates.Netflix shares fell 26% after-hours as subscribers declined for the first time in over a decade.European equity futures are indicative of a higher open with Eurostoxx 50 +0.2% after the cash market closed lower by 0.5%...

European bourses and futures are negative across the board, ES -0.3%, as initial contained trade gave way under further yield advances, NQ -0.4% lags as suchDXY remains above 100.00 but has swung between gains & losses as peers, ex-JPY, saw a shortlived pickup across the boardUSD/JPY has continued to climb taking out multiple barriers and disregarding commentary from officials, peaking just shy of 128.50Fixed income is significantly...

APAC stocks saw a mixed performance as more markets reopened and trade picked up from the holiday lull.European equity futures are indicative of a weaker open with Eurostoxx 50 -0.7% on return from the holiday weekend.Ukraine's armed forces command said Russia's main military focus is on taking full control of the Donetsk and Luhansk regions.Fed's Bullard refused to rule out a 75bps hike, says Fed needs to raise rates to around 3.5%...