Newsquawk Rundown, Daily Podcast

European indices have been choppy but contained throughout the morning, with US futures mixed but similarly rangebound, ahead of key risk events this weekThe USD remains pressured to the modest benefit of major peers though EUR fails to derive support hindered by GBP while JPY is steady ahead of the BoJCore debt is softer as earlier rebounds fizzled out ahead of 2 & 5yr issuance due stateside today while the US yield curve is marginally...

Asia-Pac equity markets traded tentatively albeit with a positive tilt ahead of a slew of upcoming risk eventsIn FX, the DXY remained pressured below 91.00, EUR/USD and GBP/USD breached 1.21 and 1.39 to the upside respectivelyUS Senator Manchin says that he would prefer a more targeted infrastructure billUS Senator Graham says that Republican support could exist for a USD 800-900bln infrastructure packageLooking...

European bourses are softer following the soured US sentiment though APAC indices managed to shrug this off, stateside futures are modestly firmer but containedUSD has been pressured but is still holding above the 91.00 mark and as such yesterday's low for the DXY, to the modest benefit of major peers with little reaction seen on UK/EZ data this morningFlash PMIs beat across the board for the UK as the economy begins to reopen with EZ figures also strong and now...

Asia-Pac stocks head into the weekend mixed after the region partially shrugged off the early headwinds from the USSentiment in the US was spooked by reports that President Biden plans to hike capital gains tax to as much as 43.4%The Japanese government is seeking an emergency declaration for Tokyo, Osaka, Kyoto and Hyogo between April 25th-May 11thThe DXY heads into the European session marginally softer after initial gains petered out...

European bourses are firmer after an earnings-dictated start to the session while US futures are essentially flat, with earnings similarly in focusThe USD has been somewhat choppy initially eclipsing 91.20 sending Cable sub 1.39 briefly though since then the DXY has pulled back with peers mixedRussia utilises in excess of 40 warships and 20 support vessels in military drills in the Black SeaLibya's NOC said Libyan oil production falls...

Asia-Pac stocks traded mixed as the region struggled to maintain the momentum from the USMajor US indices snapped a 2-day losing streak led by advances in small caps which resulted in the Russell 2000 finishing higher by more than 2%In FX, the DXY was indecisive overnight and briefly eyed a retest of the 91.00 level to the downsideIndian COVID-19 cases increased by a global single-day record of 314,835US...

European bourses are firmer after an earnings fuelled morning while US futures are flat/negative with the NQ underperforming post NFLX -8.0% in pre-marketNetflix beat on top and bottom lines but subscriber additions were below expectations, also approved a USD 5bln share repurchase schemeThe USD is firmer with peers mixed/contained though EUR/USD is testing 1.20 to the downside but was unreactive to a favourable German court ruling re. the recovery...

Asian equity markets mostly slumped as the negative mood rolled over from the US where major indices extended on declinesUnderperformance in the US was seen in energy and financials amid lower oil prices and yieldsThe Japanese government is reportedly to declare an emergency in Tokyo, Osaka and Hyogo due to COVID-19Netflix shares slumped around 10% after hours with subscriber additions significantly below...

European bourses are subdued, Euro Stoxx 50 -1.0%, as sentiment deteriorated after a mixed/negative APAC session with US futures hindered but faring relatively betterDXY was initially pressured losing 91.00 at worst to the benefit of peers across the board though JPY has retraced the initial upside and a move below 108.00 as the USD recuperatesChinese President Xi cautioned against nations meddling in other nations internal affairsLooking...

Asian equity markets traded mixed with risk appetite dampened following the losses on Wall StreetUS majors retreated from their recent record highs with the declines led by tech and growthIn FX, the DXY languished beneath 91.00, EUR/USD sits north of 1.2050 and GBP/USD hovers around 1.40Chinese President Xi cautioned against nations meddling in other nations internal affairsLooking ahead, highlights include UK...