Newsquawk Rundown, Daily Podcast

European bourses are mixed but range-bound for the morning, Euro Stoxx 50 U/C; Stateside, futures are slightly softer but containedUSD is downbeat with lower yielding peers beginning to pick-up as the US yield curve bull-flattens slightly as EGBs pick back up from Friday's pressureFed's Powell said the economic recovery is better than he expected and with vaccinations, there is a resumption of what seems to be a very strong expansionCrude...

Asian equity markets began the week subdued and US equity futures marginally pulled back from record levelsParticipants were tentative ahead of the start of US earnings season and this week’s key data releasesIn FX, the DXY consolidated above 92.00, EUR/USD trades in close proximity to 1.1900 and GBP/USD sits just north of 1.3700US President Biden aims to complete the infrastructure program by the summer, according to the US Energy...

European bourses are contained and in proximity to the unchanged mark amid a sparse European session; energy names in particular choppy given similar action in crude once againGerman Health Minister Spahn says nationwide measures are needed to break the COVID-19 infection wave, a lockdown is requiredThe USD remains underpinned but shy of yesterday's peak in DXY terms with antipodeans and JPY the current laggardsCore debt is pressured with...

Asia-Pac markets end the week with a cautious tone as regional bourses failed to sustain the early momentum from the tech-led gains in the USSentiment in the US was underpinned as yields eased and Fed Chair Powell stuck to the dovish scriptFed Chair Powell said there is a brighter outlook for the US economy but reiterated that the Fed needs to keep supporting the economyIn FX, the DXY maintains 92.00 status, EUR/USD holds onto the 1.19...

European bourses are contained in relative proximity to the unchanged mark while US futures are faring better with Nasdaq and Russell 2000 the outperformers, +0.7%DXY is under pressure but has picked up from lows with antipodeans & JPY benefitting while other peers are essentially unchangedUS government completed its intelligence review of the alleged misconduct by Russia related to the SolarWinds hack and election interference, while the US may announce...

Asia-Pac bourses traded mixed-to-positive after a relatively flat finish on Wall StreetThere was nothing new of particular note within the FOMC's March meeting minutesIn FX, the DXY sits sub-92.50, EUR/USD slipped back below 1.19 and GBP/USD remains on the backfootUS President Biden said he is prepared to hear proposals for a corporate tax rate below 28%Looking ahead, highlights include ECB minutes, US IJC, BoE's...

European bourses & US futures are somewhat mixed but largely contained, Euro Stoxx 50 -0.1%/ES +0.1%, with fresh fundamental drivers sparseThe USD has been choppy throughout the morning extending to both fresh session highs and lows; currently, major peers are mixed while antipodeans continue to underperformEuropean Medicines Agency expects to hold its AstraZeneca (AZN LN) press briefing at 15:00BST/10:00EDTCrude has been volatile...

Asian equity markets traded mixed following on from the flat performance on Wall St where most major indices consolidatedA lack of incremental macro newsflow and looming FOMC minutes ensured a non-committal toneRBI kept rates unchanged with the Repurchase Rate kept at 4.00% and Reverse Repo Rate kept at 3.35%, as expectedIn FX, the DXY languished beneath 92.50, EUR/USD retained a firm hold of the 1.18 handle and GBP/USD maintains 1.38...

European bourses are firmer across the board, Euro Stoxx 50 +0.8%, as the region returns from the Easter break and reacts to US data; Stateside, futures are a touch softerUS Senate Parliamentarian ruled in favour of Democrats efforts and stated that a revised budget resolution may contain budget reconciliation instructionsDXY has been grinding higher throughout the session to the detriment of peers across the board with GBP also hindered via EUR/GBP action; RBA...

Asian equity markets traded mixed as the regional bourses failed to fully sustain the momentum from their counterparts on Wall StThe S&P 500 and the DJIA extended on fresh record highs in their first opportunity to react to last week’s NFP jobs report and yesterday's ISM printIn FX, the DXY nursed some of yesterday’s losses after having dwindled towards 92.50, EUR/USD and GBP/USD sit on 1.18 and 1.39 handles respectivelyThe RBA policy...