Newsquawk Rundown, Daily Podcast

US futures are modestly firmer but somewhat mixed contrasting European indices which are supported amid the broader risk tone, Euro Stoxx 50 +0.3%; albeit, off highsUK PM Johnson and European Commission President Von der Leyen dinner tonight is due to start at 19:00GMT/14:00ESTPoland, Hungary, and Germany have agreed on an EU deal, according to the Polish Deputy Premier.US Treasury Secretary Mnuchin said he spoke with House Speaker Pelosi and presented a USD 916bln coronavirus relief proposal;...

Asia-Pac bourses traded positively as the region took impetus from the record highs on Wall StUS Treasury Secretary Mnuchin presented a USD 916bln coronavirus relief proposal, although key Democrats have since labelled it as unacceptableEU Commission President von der Leyen confirmed that a meeting will take place with UK PM Johnson this eveningSources noted a growing list of EU states are concerned that EU Commission President von der...

European indices are modestly subdued, Euro Stoxx 50 -0.4%, in a relatively quiet session ahead of a number of looming risk events; stateside, performance is broadly similar ES -0.4%.FDA is today to release two separate detailed analyses on the Pfizer(PFE)/BioNTech(BNTX) COVID-19 vaccine candidate, ahead of Thursday's meeting, WSJUK MPs voted against the House of Lords' amendments to the Internal Market Bill and reinstated the ‘international law-breaking’ clauses...

Asian equity markets were mixed after an uninspiring handover from the US where stocks pulled back from record levelsUK MPs voted against the House of Lords' amendments to the Internal Market Bill and reinstated the ‘international law-breaking’ clauses to the controversial bill (as expected)UK PM Johnson is to visit Brussels for an in-person meeting with EU Commission President von der Leyen to push for a trade dealIn FX, the DXY traded...

European indices are modestly lower but off worst levels, Euro Stoxx 50 -0.5%, with US futures exhibiting similar performance; ES -0.4%, NQ -0.1% & YM -0.4%Brexit updates have largely been downbeat, prompting a GBP sell-off to the benefit of USD, with PM Johnson & Commission President von der Leyen to speak once again todayAs such, DXY has been lifted to 91.241 at best but is off this high presently with major peers subdued but again off...

Asian equity markets were mixed despite the region initially taking its cue from the fresh record levels last Friday on Wall Street in which all major indices posted all-time highsIn FX, the DXY was rangebound beneath 91.00, EUR/USD retains 1.21 status and GBP/USD was choppy amid a flurry of Brexit-related headlinesIn Brexit talks, both sides noted that significant differences on three issues remained and underlined that no agreement is possible if the issues are...

Major European bourses trade with modest gains across the board, FTSE 100 outperforms on Brexit optimismEU official said a Brexit trade deal is "imminent" and expected by the end of the weekend barring a last-minute breakdown in discussionUS President Trump's administration said it added four Chinese companies to the Department of Defense blacklist for ties with the Chinese militaryIn FX markets, the DXY remained lacklustre just above...

Asia-Pac bourses traded mixed following a similar performance stateside where stock markets stalled after notching fresh record levelsPfizer (PFE) cut its vaccine rollout targets for this year due to supply chain issues and it now expects to ship half the doses it had originally plannedThe RBI kept rates unchanged as expected, whilst maintaining its accommodative stanceAn EU source said Brexit talks are 'extremely sluggish', according to...

European equities are modestly softer following an uninspiring open; sectors do not present a risk profileThe EU is completing rules on content, competition that are likely to apply to Google (GOOG), Facebook (FB) and Amazon (AMZN), sources stateEU diplomat states that the same Brexit issues remain outstanding. Multiple EU sources play down the prospects of a Brexit deal today, but tomorrow is a possibilityOPEC+ is closing in on an...

A tentative mood was seen in Asia-Pac bourses following the flat performance on Wall St, whilst Chinese Caixin Services PMI printed its second highest reading in a decadeUS and EU have reportedly renewed their push to settle the Boeing (BA) Airbus (AIR FP) subsidy disputeIn FX markets, the DXY has slipped below 91.00, EUR/USD holds onto 1.21+ status, GBP/USD trades sub-1.34Newsflow around Brexit continues to suggest that EU Chief...