Newsquawk Rundown, Daily Podcast

European bourses are modestly firmer, but off best levels, with US futures contained ahead of risk eventsUS futures remain in narrow parameters before Retail Sales and GS/MS earnings; TWTR flies on Musk’s offer to buy at USD 54.20/shrDXY pressured and slipping further from 100.00, NZD bounces, EUR gains pre-ECB and SEK bolstered on CPIF/Riksbank callsCore debt continues to slip after brief safe-haven flows from Medvedev commentary...

APAC stocks were mostly positive after the gains on Wall St which saw the NQ outpace peers with gains of 2%.Bank of Korea unexpectedly raised its Base Rate by 25bps to 1.50% with the decision unanimous.European equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.6% after the cash market closed lower by 0.1% yesterday.DXY remains sub-99, EUR/USD reclaimed 1.09, NZD leads in the G10 FX...

European bourses are pressured across the board, though US peers are faring better and positive post-CPI as earnings season begins, ES +0.3%DXY remains above the 100.00 mark posting a 100.52 high, while NZD lags in-spite of a 50bp RBNZ moveCore debt is pressured, but has staged a modest recovery from lows, yields elevate but off highs as such; USD/JPY continues to climb amid rate differentialsWTI and Brent are bid and have eclipsed...

APAC stocks mostly shrugged off the weak lead from the US and rebounded from a two-day losing streak.Fed's Bullard (2022 voter) said the Fed must put the brakes on economic activity to address surging prices.European equity futures are indicative of a softer open with the Euro Stoxx 50 future -0.2% after the cash market closed lower by 0.2% yesterday.DXY is contained on a 100 handle, USD/JPY remains above 125 and NZD lags post-RBNZ...

European Equities remain subdued but well off lows as participants await US CPI, the easing of initial pressure has US futures unchangedDXY continue to grind higher printing a 100.23 high to the mixed fortune of peers as AUD & NZD remain resilientCore debt has bounced pre-CPI as Bunds/Gilts derive some impetus from solid auctions, US 10yr sale aheadWTI and Brent are continuing to recoup Monday’s lost ground amid multiple crude-related...

APAC stocks followed suit to the losses across global counterparts amid higher yields and inflationary concerns.Ukraine’s Azov regiment reported the use of chemical weapons by Russian forces in Mariupol; reports are yet to be officially verified.European equity futures are indicative of a weaker open with the Euro Stoxx 50 future -1.1% after the cash market closed lower by 0.5% yesterday.DXY sits on a 100 handle, antipodeans lead in the...

European bourses are mixed, Euro Stoxx 50 -0.1%, with benchmarks well off lows in a choppy and yield-driven morning; US futures are in-fitting with NQ lagging amid the rate environmentCAC 40 +0.7% is the notable outperformer amid the first round of the French election where incumbent-Macron came out on top; albeit, polls between him and Le Pen for the run-off are tightDXY is off best levels ahead of Fed speak today and CPI Tuesday, JPY remains pressured while EUR...

APAC stocks were mostly cautious amid the higher yield environment and COVID-19 woes in China with a fresh record number of daily infections in Shanghai.Russian President Putin is believed to have given himself four weeks to achieve some sort of a victory.French President Macron (27.6%) and far-right Le Pen (23.4%) are set for a run-off in the presidential election on April 24th.European equity futures are indicative of a softer open...

European bourses are firmer across the board, Euro Stoxx 50 +1.5%, in a morning of quiet newsflowUS futures have given up some of their initial upside, but remain modestly firmer, ES +0.2%DXY touches 100.00 lifted amid the ongoing rise in yields with FX peers mixed, RUB resilient despite emergency rate cutCrude is moving in-line with broader sentiment awaiting Russia-Ukraine updates with online talks...

APAC stocks were choppy and eventually conformed to a mixed picture.Shanghai will continue a new round of citywide COVID tests on Friday as the number of positive cases has remained high.European equity futures are indicative of a firmer open with the Euro Stoxx 50 future +0.8% after the cash market closed lower by 0.6% yesterday.DXY continues to eye 100 to the upside, whilst USD/JPY ventured above 124 before retreating once...