Newsquawk Rundown, Daily Podcast

Italian budget dispute takes centre stage as Finance Minister and League/5SM 2% conflict comes to the fray

BTP roam toward 3% to the upside in early European trade and FTSE MIB leading the losses in equities

Looking ahead, highlights include, German CPI, US GDP, Durables, Italian budget presentation and a slew of central bank speakers

ASIA

Asian stocks were indecisive following a lacklustre lead from Wall St. where the...

Asian equities traded mostly higher despite a mixed lead from Wall St. where the Dow and S&P closed with losses

In FX markets, antipodeans stole the limelight as an improvement in New Zealand’s business outlook and activity lifted NZD/USD to near weekly highs

UK PM May again states that it is not in the national interest to hold another general election or second referendum

Looking ahead, highlights include, Czech, US...

FX markets rangy and equities directionless in a quiet European morning ahead of the FOMC

BTP’s back over 127.00 as Italian budget updates surface ahead of the official release on Thursday

Looking ahead, highlights include, Czech, US and NZ interest rate decisions, US new home sales, ECB’s Draghi and Fed’s Powell

ASIA

Asian equities traded mostly higher despite a mixed lead from Wall St. where the Dow...

Asian stocks traded mixed with the region indecisive following a lacklustre lead from Wall St. where both S&P 500 and Dow slipped from all-time highs

According to reports, the UK cabinet is said to give PM May's Brexit plan two weeks for progress

Looking ahead highlights include US consumer confidence, APIs, BoE’s Vleighe, ECB’s Praet, Makuch, Coeure, supply from the US

ASIA

Asian stocks traded mixed...

Oil breaks USD 82.00 to the upside and hits 4 year highs as OPEC’s rhetoric continues to lift the market

ECB’s Praet highlights there was nothing new in Draghi’s speech yesterday, EURUSD vigorously falls to as low as 1.1732

Looking ahead, highlights include, US consumer confidence, APIs, BoE’s Vleighe, ECB’s Praet, Makuch, Coeure, supply from the US

ASIA

Asian stocks traded mixed with the...

Asian stocks traded lower (South Korea, Japan, Taiwan and mainland China away due to public holidays) with risk sentiment dampened after China cancelled trade talks with the US

UK PM May’s aides have reportedly begun contingency planning for a snap election in November to save the Brexit talks; later denied by Raab

Looking ahead, highlights include German IFO and ECB’s Draghi

ASIA

Asian stocks traded lower...

Oil up by over 2% as JMMC takes no heed to Trump’s calls for lower oil prices

Risk sentiment takes a hit as China cancels trade talks with the US; European bourses all in the red

Looking ahead the highlights are ECB’s Draghi speaking and the UK Cabinet meeting at 14:00BST

ASIA

Asian stocks traded lower with South Korea, Japan, Taiwan and mainland China away due to public holidays, with risk sentiment dampened...

Asian equity markets traded higher as the region took impetus from the rally in US where the Nasdaq outperformed on a rebound in tech

Former UK Brexit Secretary Davis warned as many as 40 MPs could vote against PM May's Chequers plan but added that Brexiteers are "reasonably terrified" of a Labour general election victory

Looking ahead, highlights include EZ and US PMIs, Canadian CPI and retail sales, Baker Hughes Rig Count

ASIA

Asian equity markets traded higher as the...

European equities pay no heed to poor EZ PMIs; set for over 2% weekly gain as trade war fear dissipate

Sterling sliding on subpar statements after Salzburg summit

Looking ahead, highlights include, US PMIs, Canadian CPI and retail sales, Baker Hughes Rig Count and quad witching

ASIA

Asian equity markets traded higher as the region took impetus from the rally in US where the Nasdaq outperformed on a rebound in tech, while...

Asian equity markets eventually traded mixed despite the early tailwind from US where strength in blue chip financials fuelled the outperformance in the DJIA

UK Chequers plan was said to cause divide among EU leaders with some countries calling for EU to engage with the UK and with others unwilling to make concessions

Looking ahead, highlights include, SNB, Norges, SARB rate decisions, US weekly jobs, Philly Fed, Existing Home Sales, ECB’s Weidmann and...