Newsquawk Rundown, Daily Podcast

Asia-Pac bourses were mixed as the positive bias from Wall St was offset after Chinese markets returned from the extended weekendUK PM Johnson confirmed a delay to the removal of further restrictions in England for four weeks until July 19thIn FX, the DXY consolidated around 90.50, EUR/USD little changed on a 1.21 handle and GBP/USD tested 1.41 to the downsideEU and US are set to resolve the Boeing (BA) - Airbus (AIR FP) dispute over...

European bourses are firmer but off highs after a holiday-thinned APAC handover; US equity futures meanwhile trade sidewaysDXY trades around 90.50 in a tight range, with peers somewhat mixed and GBP underperforming and NZD outperformingThe White House said the G7 agreed to a new global infrastructure initiative named the Build Back Better World or B3W to rival China’s Belt & Road initiativeUK government approves a four-week delay to...

Asian equity markets began the week quiet amid holiday-thinned conditions with the absence of key markets; US equity futures traded flat with a mild upside biasIn FX, DXY remained above 90.50; EUR/USD printed on either side of 1.2100; GBP/USD tested 1.4100 to the downsideWhite House said the G7 agreed to a new global infrastructure initiative named the Build Back Better World or B3W to rival China’s Belt & Road initiativeUK government...

European bourses began tentative but have picked up modestly as the session progressed, while US futures pivot the U/C markBasic resource names outperform given base metals overnight while banks lag on the ongoing yield pullback and crude remains supportedDXY remains bid but off the weekly high with peers lower across the G10 board but magnitudes relatively slimUK PM Johnson is said to mull a four-week postponement before ending COVID-19...

Asian equity markets traded mixed as the region only partially benefitted from the momentum in the USIn FX, DXY traded in a tight range on either side of 90.00, EUR/USD and GBP/USD remained sub-1.2200 and below 1.4200 respectivelyECB sources said three policymakers wanted to cut PEPP purchases; some differed on bond-buying needs in thin summer marketsUK PM Johnson is said to mull a four-week postponement before ending COVID-19...

European bourses are mixed/flat ahead of US CPI and the ECB while US futures are marginally diverging as the NQ modestly lags on firmer yieldsThe USD is firmer with peers mixed but contained while fixed income modestly pares recent upside and the US 10yr yield back to 1.50%US and Chinese commerce chiefs reportedly agreed to push forward with trade and investment ties; supporting APAC tradeA bipartisan House group unveiled an 8-year...

Asian equity markets traded higher as US-China dialogue helped the region shrug off early cautiousnessUS and Chinese commerce chiefs reportedly agreed to push forward with trade and investment tiesThe DXY maintains 90.00 status, EUR/USD sits on a 1.21 handle and GBP/USD eyes 1.41 to the downsideA bipartisan House group unveiled an 8-year package valued at USD 1.25tln which would avoid corporate and income tax...

European bourses are mixed/flat in a relatively quiet EU session while US futures have been unmoved for the morningChinese CPI missed forecasts while PPI continued to surge and registered the fastest pace of increase in factory gate prices since 2008Talks between US President Biden and Senator Capito have officially ended with Biden moving onto talks with a bipartisan group of senatorsDXY is sub-90 with peers firmer across the board and...

Asian equities traded mixed with price action confined to relatively tight rangesChinese CPI missed forecasts while PPI continued to surge and registered the fastest pace of increase in factory gate prices since 2008Talks between US President Biden and Senator Capito have officially ended with Biden moving onto talks with a bipartisan group of senatorsIn FX, the DXY holds on to 90.00 status, EUR/USD and GBP/USD trade on 1.21 and 1.41...

European cash and US equity future remain contained overall though were fleetingly pressured on multiple website outages globally with Fastly possible the cause; newsflow which lifted core debt to fresh highsIn FX, DXY gains a firmer footing above 90.00; GBP and JPY lag whilst the NOK was lifted on the Norges Bank SurveyUS is reportedly planning trade talks with Taiwan; China is said to be moving ahead and making progress on legislation to counter US...