Newsquawk Rundown, Daily Podcast

European equity indices have recovered off worst levels while US futures consolidate, with the NQ narrowly outperformingDollar has traded choppy; JPY has been trailing behind and is only just above the 109.00 handle; FX eyes sizeable OpExSNB kept policy rate unchanged at 0.75%; CHF classification reaffirmed as “highly valued” and reiterates the willingness to intervene in FX if necessary, but removes 'more strongly' phrasingAstraZeneca...

Asian equity markets were choppy as the region attempted to shrug-off the weak handover from Wall StUS Treasury Secretary Yellen and Democratic Senator Manchin voiced their support for corporate tax increasesIn FX, the DXY reversed course after breaching its 200DMA to the upside, EUR/USD found a base at 1.18, GBP/USD trades sub-1.37The UK and EU are working on specific steps they can take to create a win-win situation, according to a...

European equity indices are softer on the session but US futures are firmer with the tech heavy NQ the modest outperformer, +0.9%Dollar has seen early morning gains to the detriment of major counterparts, though action has been slightly choppy at YTD DXY highsSouth Korean Military confirmed reports that North Korea fired two cruise missiles off its west coast on SundayOil is firmer on the day and attempting to reclaim yesterdays losses...

Asia-Pac bourses traded mostly lower following the losses seen stateside where cyclicals and value underperformedIn FX, the DXY held on to its gains above 92.00, EUR/USD languished beneath 1.1850, GBP/USD extended on declinesWTI crude futures languished around USD 58/bbl after the prior day's heavy selling pressureSouth Korean Military confirmed reports that North Korea fired two cruise missiles off its west coast on...

European equity indices and US futures are negative across the board with RTY the underperformer, -1.2%DXY is firmer on the session to the detriment of major counterparts ex-JPY; antipodeans lag dragged by Kiwi housing updatesChina responded to fresh sanctions by the US, EU, and UK in which it unveiled travel bans on 10 EU individuals and four entitiesAstraZeneca may have provided outdated info about its COVID-19 vaccine trial, according...

Asian equities deteriorated throughout the APAC session amid losses in Chinese marketsChina responded to fresh sanctions by the US, EU and UK in which it unveiled travel bans on 10 EU individuals and four entitiesAstraZeneca may have provided outdated info about its COVID-19 vaccine trial, according to the NIHIn FX, the DXY remains below 92.00, EUR/USD and GBP/USD trade on 1.19 and 1.38 handles respectively, antipodeans...

European equity indices and US futures are mixed with the tech-heavy NQ the notable outperformer, +0.7%DXY is softer on the session but price action against major counterparts has been containedThe EU is reportedly expected to block AstraZeneca vaccine and ingredient exports to the UKTRY slumped around 15% at the weeks open after Turkish President Erdogan replaced CBRT Governor Agbal; currently, USD/TRY...

Asian equity markets began the week mixed as the region took its cue from the indecisive performance last Friday statesideThe EU is reportedly expected to block AstraZeneca vaccine and ingredient exports to the UKThe US & China did not announce any breakthrough in talks last weekIn FX, the DXY consolidated around the 92.00 mark with price action relatively contained in the G10 spaceTRY slumped around 15% at...

European equity indices are negative across the board whereas US futures are positive with the tech-heavy NQ the mild outperformer, +0.5%Dollar has traded choppy in early morning trade but currently resides in the greenCrude is attempting to make up lost ground on the week as the complex resides in firmer territoryThe BoJ stood pat on rates but widened the yield target band to +/-25bps and scrapped the ETF target as...

Asian equity markets traded negatively following the tech sell-off in the US where the Nasdaq dropped 3% amid a jump in yieldsTalks in Alaska have so far underscored the icy US-China relations with plenty of rebukes from both sideOil prices declined by around 8% for its largest decline in 6 months with WTI briefly slipping below USD 60.00/bblThe BoJ stood pat on rates but widened the yield target band to +/-25bps and scrapped the ETF...