Newsquawk Rundown, Daily Podcast

Asia-Pac stocks traded higher as regional bourses took their cues from the fresh all-time highs on Wall StRBI kept rates unchanged as expected and retained an accommodative stance, which it will keep for as long as necessaryIn FX, the DXY has maintained yesterday's gains around 91.50, EUR/USD remains sub-1.20 and GBP held onto BoE gainsItaly's PD Senate Chief expects Draghi has an 80-90% chance of forming a...

European equities trade mostly firmer (Eurostoxx 50 +0.3%) in what has been a busy morning of corporate updates across the regionIn FX, the DXY is once again firmer vs. peers as EUR/USD loses 1.20 status for the first time this year. GBP eyes BoEFixed income remains rangebound with Gilts focused on NIRP developments from the BoE and the Periphery on Draghi's deliberationsLooking ahead, highlights include BoE rate decision & MPR, US...

Asian equity markets were mostly lower following a flat lead from the US where focus centred on earnings and stimulus plans5SM's Di Maio said Italy needs an alternative to a Draghi government, while the Brothers of Italy party Chief favours abstainingIn FX, the DXY extended on gains above 91.00, EUR/USD remains in the low 1.20's and GBP/USD hovers around 1.36President Biden is open to having the discussion on the income level of Americans...

European indices began the session on the front-foot, before consolidating off highs, Euro Stoxx 50 +0.7%, ES +0.4%; while the FTSE MIB & BTPs outperform on Draghi's potential Italian mandateTech giants Google and Amazon saw earnings beat on top and bottom lines; with Google outperforming in the pre-market +7.0%President Biden Advisor speculates the final stimulus size could be USD 1.3trln, PoliticoThe mornings UK/EZ PMIs saw modest...

Asian equity markets traded mostly higher as the region took impetus from global peers including the advances on Wall StTech giants Google and Amazon saw earnings beat on top and bottom linesOxford/AstraZeneca vaccine shows sustained protection of 76% during 3m interval until 2nd doseTalks over forming a new coalition in Italy have broken down, former ECB President Draghi could be appointed as a replacement PMIn...

European indices are firmer following the positive APAC handover; sectors are broadly in the green though oil & gas is among the laggards as BP's update offsets much of the positivity from crude benchmarks themselvesChina top diplomat Yang said they are prepared to work with the US; separately, US Treasury Secretary Yellen is to meet with Democrats today on aidThe DXY continues to make ground above 91.00 this morning pressuring major counterparts but...

Asian equity markets advanced after the firm handover from Wall St with the resurgence led by the tech sectorIn FX markets, the DXY marginally pulled back after advancing above 91.00, EUR/USD and GBP/USD remain below 1.21 and 1.37 respectivelyTalks aimed at reviving Italy's collapsed ruling coalition were blocked on Monday over policy issuesRBA maintained its key rate at 0.10% as expected but unexpectedly announced it is to extend its QE...

European indices began the session on the front-foot, Euro Stoxx 50 +1.3%, ES +1.0%, with sectors predominantly positive and basic resources shining following silver's outperformanceChinese official manufacturing, non-manufacturing and Caixin manufacturing PMI data all fell short of estimates but remained in expansion territory; somewhat hindered mainland performanceA group of 10 Republican senators called for President Biden to consider a smaller COVID-19 relief...

A positive tone was observed in the Asia-Pac region and US equity futures recovered from the early stumble seen at the reopenChinese official manufacturing, non-manufacturing and Caixin manufacturing PMI data all fell short of estimates but remained in expansion territoryIn FX markets, the DXY heads into the EU open softer, EUR/USD rangebound on a 1.21 handle, GBP/USD extended gains above 1.3700Gold gapped higher in tandem with the 7%...

Indices have been under pressure in a continuation of the APAC deterioration; however, both European bourses and US futures are well off lows, Euro Stoxx 50 -0.7% & ES -0.5%Novavax (NVAX) vaccine was 89% effective against COVID-19, according to a UK study; however, efficacy was 60% in a South African TrialECB rate reduction discussion has been marginal in policy talks, according to sources; benefits seen as limited; downplayed Euro...