Newsquawk Rundown, Daily Podcast

European equities are kicking off the week on the front-foot, despite the downbeat tone in Asia, Eurostoxx up 1.0%

EURUSD has been whippy between 1.1360-1.1415 trading parameters amidst reports that German Chancellor Merkel will not stand for re-election as CDU head after serving out the current term

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

Asian stocks were broadly negative as early attempts to nurse the prior day’s sell-off and replicate the rebound seen on Wall St, were thwarted

Brexit talks are on hold as UK PM May's team cannot agree a way forward on how to proceed with negotiations, according to sources

FX markets initially struggled for direction amid a lack of key data releases which kept the DXY near the prior day’s best levels

Looking ahead, highlights include the Russian rate decisions, US GDP,...

European stocks are negative across the board in a continuation of the sell-off experienced in Asia overnight; Pre-market: Amazon -10.2%. Alphabet -5.9%

DXY trades marginally firmer, extending on gains seen yesterday which pushed the index back above 96.50

Looking ahead, highlights include US GDP, PCE Prices, Baker Hughes, S&P on Italy, Fed’s Bostic, ECB’s Draghi, Coeure

ASIA

Asian stocks were broadly negative as early attempts to...

Asia-Pac bourses saw hefty selling as the stock market bloodbath rolled over from US where the S&P 500 and DJIA turned negative YTD

UK PM May is to instigate a full-scale no-deal Brexit planning in 3 weeks with a raft of legislation to prepare the UK for a potentially chaotic departure

Overnight FX price action was predominantly a slight pull-back of the prior day’s risk-averse driven moves in which the DXY marginally pared the recent safe-haven flows

Looking ahead, highlights...

European equities mostly higher (Eurostoxx 50 +0.9%) despite the mass sell-off experienced overnight in Asia

European markets await updates from the ECB and how they currently judge risks to the Eurozone economy

Looking ahead, highlights include ECB, and CBRT rate decisions, US durable goods, weekly jobs, a slew of central bank speakers and large cap earnings

ASIA

Asia-Pac bourses saw hefty selling as the stock market bloodbath rolled over from US where...

Major European indices are mostly higher, albeit off levels seen at the cash open. US equity futures extended losses in excess of 0.5%

DXY is benefiting from the demise of most major rivals, as overall risk sentiment wobbles again after signs of a revival on Tuesday and overnight

Looking ahead, highlights include US PMIs, BoC rate decisions, DoEs, a slew of central bank speakers and large cap earnings

ASIA

Asian equity markets eventually traded mostly higher on what was a...

Asian equity markets eventually traded mostly higher on what was a turbulent session, following the dramatic rebound on Wall St

FX markets were predominantly uneventful due to a lack of tier-1 data and catalysts which kept the DXY stuck in close proximity to the 96.00 level

UK PM May is to appear before the 1922 Committee of backbench conservative lawmakers this evening

Looking ahead, highlights include EZ and US PMIs, Riksbank and BoC rate decisions, DoEs, a slew of central bank...

Asian equity markets were lower across the board following the uninspiring performance on Wall St where most major indices finished in the red

UK PM May said she is not committed to extending the transition period but added it may be preferable to a backstop

In FX markets, the DXY was relatively unchanged and just about held onto the 96.00 level following the recent safe-haven flows and further deterioration in its major counterparts

Looking ahead, highlights include Richmond Fed, Fed...

All major European indices are drowning in a sea of red as the soured sentiment continues from Asia

JPY outperforms on safe-haven grounds, with USD/JPY retreating towards 112.25

Looking ahead, highlights include Richmond Fed, Fed Discount Minutes, APIs, BoE’s Carney, Fed’s Kashkari, Bostic, Kaplan and Evans

ASIA

Asian equity markets were lower across the board following the uninspiring performance on Wall St where most major indices finished...

Asian equity markets traded mostly higher as a rally in Chinese stocks helped most regional bourses shrug-off the cautious open

PM May is said to have been warned she will face a revolt by 40 Tory party rebels this week if she does not succumb to fresh demands by Brexiteers in the next 48 hours

In FX, USD was little changed while AUD/USD briefly weakened to below 0.7100 as Australia heads towards a hung parliament

Looking ahead, today’s calendar sees a lack of tier 1...