Newsquawk Rundown, Daily Podcast

Asian equity markets traded indecisively in the absence of a lead from Wall StRBA kept rates unchanged and extended bond purchases at a lower rate through to mid-NovemberUK PM Johnson announced the removal of COVID-19 restrictions which will allow the reopening of all remaining businesses from July 19thIn FX, DXY was subdued but maintained 92.00 status, EUR/USD and GBP/USD eye 1.19 and 1.39 respectivelyThe OPEC+...

Asian equity markets traded tentatively ahead of this week's risk events and as participants digested a slowdown in Chinese Caixin PMI dataIn FX, the DXY has nursed post-NFP losses, EUR/USD trades north of 1.1850 and GBP/USD remains on a 1.38 handleUAE rejected a proposal to extend the deal and increase production as it seeks a review of baseline production levelsSaudi has rejected calls by the UAE to take an immediate decision regarding...

Equities are firmer but contained in a quiet session pre NFP & OPEC+, Euro Stoxx 50 +0.2% and ES +0.1%The DXY remains bid and is forging fresh highs to the modest detriment of peers ahead of significant EUR & JPY opex at today's NY cutWTI and Brent are holding steady ahead of the resumption/start to the JMMC/OPEC+ events at 09:00EDT & 10:30EDT respectivelyCore debt is bolstered going into the long-weekend and data with the US...

Asian equity markets were mixed as the initial tailwinds from the mild gains on Wall St were offset by weakness in ChinaThe S&P 500 eked a fresh record high and the energy sector led the gains as focus centred on OPEC deliberationsIn FX, the DXY has held above 92.50, EUR/USD and GBP/USD remain lacklustre on 1.18 and 1.37 handles respectivelyYesterday's OPEC+ meeting has been postponed until today amid frictions over the proposed...

European bourses/US futures have pared back essentially all of the mornings initial upside, Euro Stoxx 50 +0.1%, ES +0.1%; ahead of key US dataOPEC+ deal likely to include a monthly oil output increase less than 0.5mln BPD until December-2021, sources; bolstering crude futures to session highsFX has been very choppy though the USD remains bid and USD/JPY surpassed 111.50 while Cable lost 1.38The BoJ Tankan survey missed expectations and...

Asian equity markets began H2 subdued following the mixed performance of Wall St counterpartsThe BoJ Tankan survey missed expectations and Chinese Caixin Manufacturing PMI printed short of estimatesThe DXY remains on a firm footing above 92.00, EUR/USD trades sub-1.1850 and GBP/USD holds on to 1.38 statusLooking ahead, highlights include Riksbank Policy Announcement, Final EZ, UK & US Manufacturing PMIs, OPEC+ Meeting, US IJC, ISM...

European indices and US futures have come under pressure as the session progressed going into June, Q2 & H1 end; Euro Stoxx 50 -0.80%, ES -0.1%DXY remains bid above 92.00 with peers contained and Sterling the lone G10 outperformer while fixed is firmer & USTs yields flatterChinese Manufacturing PMI topped estimates but showed slower growth in tandem with the softer Non-Manufacturing and Composite readings; capping APAC...

Asian equity markets head into month-end mostly positive but with gains capped as participants digested the latest Chinese PMIsManufacturing PMI topped estimates but showed slower growth in tandem with the softer Non-Manufacturing and Composite readingsIn FX, the DXY consolidated after reclaiming 92.00, EUR/USD hovers around 1.19 and GBP/USD remains on a 1.38 handleThe JMMC meeting was postponed to Thursday and will now be conducted in...

European bourses are firmer while US futures are more contained and sub yesterday's record levels after a subdued APAC handover; Euro Stoxx 50 +0.4%, ES U/CCrude remains pressured pre-OPEC with the JTC commencing from 12:00BST/07:00EDT today; though, benchmarks have recovered off lows which saw WTI test USD 72.00/bblUSD is supported in-spite of some rebalancing signals to the detriment of peers particularly high beta/crude sensitive FXUS...

Asian equity markets traded subdued with the regional bourses mostly lower after the mixed performance on Wall StreetIn the US, tech outperformed amid a decline in yields to lift both the S&P 500 and Nasdaq to fresh all-time highsIn FX, the DXY was rangebound below 92.00, EUR/USD held onto 1.19 status, GBP/USD lost 1.39Commodities were pressured overnight in which WTI crude futures extended on the prior day's declines to test USD...