Newsquawk Rundown, Daily Podcast

European equities kick start the week mixed with the FTSE MIB weighed on by banks amid stress test results

The Times reported UK PM May secured private concessions from Brussels that will keep Britain in a customs union and avoid a hard border, this was later dismissed as speculation by Downing Street

Dollar has lost some of Friday’s post-NFP recovery momentum ahead of the US mid-term elections and FOMC, but the index is holding relatively firm around 96.500

Looking ahead,...

Asian stocks are mostly higher and US equity futures recover Apple-inspired losses after reports that Trump has asked the cabinet to draft a potential China trade deal

FT reports that the EU is floating a compromise with London on the Irish border backstop that would give the UK stronger guarantees of no need for a customs border

Looking ahead, highlights include EZ Mfg PMIs, UK construction PMI, US and Canadian jobs reports, Baker Hughes rig count

ASIA

Asian equity...

Main European indices are in the green, continuing the trend from Asia with material names outperforming due to trade progression between the US and China

The Greenback is weaker vs all G10 counterparts, bar the JPY, which is still bucking the trend as an even safer currency haven

Looking ahead, highlights include US and Canadian jobs reports, Baker Hughes rig count

ASIA

Asian equity markets tracked their Wall St counterparts higher after US stocks posted...

Asian equity markets traded mostly higher as the region sustained the positive momentum from Wall St.

GBP supported by reports that UK PM May has reached a deal with Brussels on financial services

More broadly in FX, DXY softened overnight and pulled back below the 97.00 level as its major counterparts made up for lost ground

Looking ahead, highlights include UK mfg. PMI, BoE rate decision, minutes & QIR, CNB rate decision, US weekly jobs, US ISM mfg PMI, a slew of central bank...

European equities trade mostly higher (Eurostoxx 50 +0.8%) after erasing initial losses as sentiment from Asian and Wall Street translated onto the region

Cable dipped after a UK official said comments on the Times report on banks Brexit deal is "unsubstantiated"

Dollar index is back down to 96.510 ahead of a busy agenda before NFP on Friday.

Looking ahead, highlights include BoE rate decision, minutes & QIR, CNB rate decision, US weekly jobs, US ISM mfg PMI, a slew of...

Asian equity markets traded positive as the region sustained the momentum from Wall St where all majors finished with firms gains

The USD took a breather from recent gains with the DXY flat around the 97.00 level after it hit the highest since June last year amid the continued rout in EUR/USD and GBP/USD

Looking ahead, highlights include EZ CPI, US ADP, Canadian GDP, Chicago PMI, DoEs, a slew of central bank speakers and large cap earnings

 

ASIA

Asian...

European equities are higher across the board (Eurostoxx 50 +1.3%) as the region took impetus from the gains experienced in Asia and on Wall Street

USD will likely garner a bulk of the focus in the FX space today with month-end flows and SOMA redemption which will have a net USD -22.9bln impact on liquidity

Looking ahead, highlights include US ADP, Canadian GDP, Chicago PMI, DoEs, a slew of central bank speakers and large cap earnings

ASIA

Asian equity...

Asian equity markets were mostly higher as the region aggressively shrugged-off the weak lead from Wall Street.

In FX markets, the DXY held near the prior day’s best levels despite attempts by its major counterparts to nurse recent losses.

Looking ahead, highlights include German state, national CPIs and unemployment rate, EZ Q3 flash GDP, weekly API crude inventory stocks, ECB’s Praet and Lautenschlaeger.

ASIA

Asian equity markets were mostly higher as the...

Major European bourses are mixed with the SMI (+0.5%) outperforming peers

Greenback remains relatively evenly split vs G10 counterparts with its Dollar peers still outperforming and preventing the index from staging a more concerted attempt to test recent peaks

Looking ahead, highlights include weekly API crude inventory stocks, ECB’s Praet and Lautenschlaeger.

ASIA

Asian equity markets were mostly higher as the region aggressively shrugged-off the...

Asian equity markets began the week mixed as the region’s attempts to pick itself up following last week’s stock rout.

FX markets were quiet as the DXY held steady near the 96.50 level and with its major counterparts also uneventful.

Looking ahead, highlights include UK mortgage lending, US Core PCE and UK Chancellor Hammond to deliver the Autumn budget statement. Note: UK clocks moved back an hour on Sunday 28th October.

ASIA

Asian equity markets began the...