Newsquawk Rundown, Daily Podcast

Asian equity markets traded mixed after having failed to fully sustain the positive lead from Wall St with global markets heavily focused on earnings releasesUK PM Johnson reportedly faces increasing revolt from within his party over the threat of holding an election before delivering the BrexitEU Diplomats are to discuss the UK's extension on Friday and say that an extension until 31 January is most likelyUS President Trump said Turkey told the US that they will make the ceasefire permanent and...

European bourses are mixed as sentiment remains tentative, although they have been grinding higher throughout the sessionEU could respond as soon as today to the UK’s Brexit extension request, France pusing to wait until FridayRussian Energy Minister Novak says he has no information regarding possible discussions on deeper oil production cuts at the OPEC+ December meetingIn FX, the DXY is modestly firmer with G10 counterparts flat/slightly subdued in comparisonLooking ahead, highlights...

Asian equity markets traded lacklustre as the region took its cue from the losses on Wall St where sentiment was dampened by further Brexit uncertaintyUK Government won the vote on the second reading of the WAB by 329 to 299 votes but lost the vote for the programme motion by 308-322EU’s Tusk said he will recommend the EU27 accept UK request for an extension to avoid a no-deal BrexitUS Commerce Secretary Ross is looking to negotiations with EU to ease trade dispute and is said to have floated new...

European equities are choppy, sectors are mixed, risk tone remains tentativeUK government published the Withdrawal Agreement Bill on Monday which will see its first vote at 1900BST on TuesdayCanadian PM Trudeau's Liberal Party won the Canadian General Election but fell short of an outright majorityLooking ahead, highlights include Canadian Retail Sales, US Existing Home Sales, Richmond Fed and APIs, NZ Trade, RBA Assistant Governor Kent,...

Asian equity markets traded mostly positive amid mild tailwinds from Wall St where all major indices edged higher and the S&P 500 above 3000US President Trump said China is purchasing US agricultural goods now and that any issues in phase 2 talks are in many ways a lot easier than the issues faced in phase 1UK government published the Withdrawal Agreement Bill on Monday night which will see its first vote at 1900BST on TuesdayCanadian...

Major European bourses are modestly firmer, FTSE lags amid a firmer pound, SAP shares rose after earnings and announcing a deal with MicrosoftUK Parliament vote on the Brexit deal was postponed on Saturday after lawmakers voted (322-306) in favour of passing the Letwin amendmentIn FX, GBP/USD briefly topped 1.3000, DXY fell further towards 97.00, risk currencies outperformLooking ahead highlights include BoE’s Haldane, Fed’s Bowman, ECB...

Asian equity markets began the week with a cautious tone following last Friday’s lacklustre close on Wall St and amid continued Brexit uncertaintyParliament vote on the Brexit deal was postponed on Saturday after lawmakers voted (322-306) in favour of passing the Letwin amendmentPM Johnson stated that legislation will be tabled in the upcoming week and sent a letter to the EU requesting a Brexit extension which he did not signLooking ahead highlights include, German PPI, BoE’s Haldane, Fed’s...

Major European Bourses are modestly lower, France’s CAC underperforms as Renault cut outlookChinese economic growth slowed to the weakest pace since 1992, although Q/Q and YTD GDP figures matched analysts’ forecasts, while IP surpassed estimatesOutside experts reportedly warned President Trump that continued escalation of US-China trade tensions could hurt economy and re-electionLooking ahead, highlights US Baker Hughes rig count, Fed’s...

Asian equity markets traded cautiously after the rally from the Brexit deal breakthrough petered out and as participants mulled over mixed Chinese dataChinese economic growth slowed to the weakest pace since 1992, although Q/Q and YTD GDP figures matched analysts’ forecasts, while IP surpassed estimatesUK rebel Labour MPs were said to be considering backing PM Johnson's Brexit deal if workers' and other rights are written into UK lawLooking ahead, highlights US Baker Hughes rig count, Fed’s...

EU and UK have reached a Brexit deal, sources indicate DUP against it; no word from DUP Leader Foster yetSterling is stronger with Cable reaching just shy of 1.30 at best; other G10 currencies are firmer vs. USDThere will be no discussions on further Turkey sanctions during the European Commission summit, according to a senior EU officialsLooking ahead highlights include, US Housing Permits & Starts, Philadelphia Fed, Industrial Production and EIA Weekly Stocks, EU Council Summit Begins,...