Newsquawk Rundown, Daily Podcast

European indices are firmer this morning [Euro Stoxx 50 +0.9%], taking the lead from a positive Asia-Pac session.In FX, Sterling is outperforming G10 counterparts on the combination of both strong UK labour data and hawkish BoE speakLooking ahead highlights include, US PPI. Supply from the USASIA-PACAsian equity markets were higher across the board after a similar lead from US where sentiment was underpinned by the US-Mexico tariff relief which lifted the...

Asian indices are higher as sentiment remains supported on US-Mexico tariff reliefBoE’s Saunders says the BoE will likely need to return to a neutral stance sooner than expected and rates do not necessarily need to be on hold until Brexit uncertainty fadesLooking ahead highlights include, UK Employment Data, US NFIB & PPI, ECB’s Nowotny & Rehn, BoE’s Vlieghe, Saunders, Broadbent & Tenreyro. Supply from the...

European Indices  [Euro Stoxx 600 +0.2%] are firmer as risk sentiment remains positive after the US agreed to advert tariffs on MexicoIn FX, the USD outperforms its G10 counterparts with antipodeans lagging on mixed China trade, while GBP declines with UK GDPLooking ahead highlights include; Canadian Housing Starts & Building Permits, US Jolts, BoE’s Saunders ASIA-PACAsian equity markets began the week higher with sentiment underpinned...

Asian indices are firmer with sentiment bolstered by the US and Mexico reaching an agreement to avoid tariffsSources indicate that ECB policymakers are said to be open to lowering rates if growth weakensIn FX, the USD has benefited as tariffs were avoided with MXN outperforming; GBP is subdued as the Tory leadership contest beginsLooking ahead highlights include; UK GDP, Services, Industrial & Manufacturing Output, Canadian Housing...

European indices [Euro Stoxx 50 +1.0%] are firmer as the positive sentiment rolls over from Asia-Pac session ahead of NFPWhite House Press Secretary Sanders stated that the US is moving ahead with Mexico tariffs, President Trump reportedly plans to declare a national emergency to impose the tariffsLooking ahead, highlights include, US & Canadian Jobs Report, Fed's Barkin ASIA-PACAsian equity markets were mostly higher following the tailwinds...

Asian equity markets were mostly higher following the tailwinds from US where sentiment was underpinned by hopes of averting tariffs on MexicoHowever, White House Press Secretary Sanders later cast doubts on this and stated the US is still moving ahead with tariffsDXY consolidated around the 97.00 level after the prior day’s tumultuous session in which the USD lost ground against EURLooking ahead, highlights include German Industrial Output & Trade Balance, US & Canadian Jobs Report,...

European indices are firmer [Euro Stoxx 50 +0.8%], diverging from the mixed performance of their Asia-Pac counterpartsUS President Trump stated that tariffs on China could be raised to another USD 300bln if necessary due to trade disputesIn FX, the USD has consolidated above 97.0 while the EUR remains within a relatively narrow band ahead of ECB and close to notable option expiriesLooking ahead highlights include; US International Trade, Initial Jobless Claims, Labour Cost & Productivity, ECB...

Asian indices are mixed with sentiment subdued by the lack of Mexico tariff progress and as Chinese agencies are discussing opinions on countermeasures against the USIn FX, the DXY is flat but at prior session highs with G10 peers subdued as a resultLooking ahead highlights include; German Industrial Production, EZ GDP (Revised), US International Trade, Initial Jobless Claims, Labour Cost & Productivity, ECB Rate Decision & Staff Projections, BoE’s Carney, ECB’s Draghi, Fed’s Kaplan &...

European Indices [Euro Stoxx 50 +0.3%] are firmer but notably not as buoyed as the Asia-Pac session was overnightIn FX, the USD remains weak with the DXY back below the 97.0 handle to the benefit of all (ex-JPY) G10 counterpartsEuropean Commission are to instigate infringement processes against the Italian Government due to their fiscal policyLooking ahead, highlights include US Composite and Services PMI, US ADP, ISM Non-Manufacturing PMI, Fed’s Clarida, Evans, Rosengren,...

Asian indices were higher as the region took impetus from Wall St. posting its largest daily gain since early-JanuaryItalian Deputy PM’s Salvini and Di Maio have reached an agreement to work togetherIn FX the DXY dropped towards the 97.0 level following Fed comments; to the benefit of most G10 counterpartsLooking ahead, highlights include EZ & US Composite and Services PMI, UK Services PMI, US ADP, ISM Non-Manufacturing PMI, BoE’s...