Newsquawk Rundown, Daily Podcast

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...

NOK gets hit by a flatter Norges Bank rate path than expected, SNB a lacklustre event

UK Retail Sales beats with previous all revised higher, Cable lifted above 1.3200

Looking ahead, highlights include, SARB rate decision, US weekly jobs, Philly Fed, Existing Home Sales, ECB’s Weidmann and Praet, supply from the US

ASIA

Asia equity markets eventually traded mixed despite the early tailwind from US where strength in...

Asian equity markets traded firmer following the gains in the US. Chinese bourses lifted by support measures announced by Premier Li

In Brexit, UK PM May claims that an exit deal is virtually agreed, whilst Barnier states the EU is ready to improve its proposal on Northern Ireland

Looking ahead, highlights include UK CPI, US Building Permits, Housing Starts, DoEs, BCB rate decision, NZ GDP, BoE’s Haldane, ECB’s Draghi and supply from...

Trade war concerns continue to abate as European and Asian equites extend on the previous sessions gains

UK CPI beats expectations and upbeat Brexit commentary helps Cable improve on 8 week highs

Looking ahead, highlights include, US Building Permits, Housing Starts, DoEs, BCB rate decision, NZ GDP and ECB’s Draghi

ASIA

Asian equity markets traded positive following the gains in the US as global markets took the...

The US confirmed tariffs on USD 200bln of Chinese imports effective September 24th which will begin at 10% and increase to 25% at year end. Trump vowed further tariffs if China retaliates to these measures

China Vice Premier Liu He was said to convene a tariff response meeting, while there were separate reports suggested that China will likely not send a delegation to Washington for trade discussions

Looking ahead, highlights include Hungarian rate decision,...

European equities are firmer shruging off US-China tariff action, with 10% seen not as severe as anticipated

Brent jumps over 1% as Saudi Arabia is said to be happy with oil over USD 80/bbl

Looking ahead, highlights include, Hungary’s Interest Rate Decision and GDT

ASIA

Asian equity markets were mixed with focus centred on the escalation of trade tensions after the US confirmed tariffs on USD 200bln of Chinese imports effective September 24th which will begin at 10%...

Asian equity markets began the week with a subdued tone after Trump reportedly told advisers to proceed with tariffs on a further USD 200bln of Chinese goods

China reportedly may not participate in planned trade discussions with the US if the Trump administration goes ahead with additional tariffs

The EU is secretly preparing to accept a frictionless Irish border after Brexit in a move that raises the prospect of PM May striking a deal by the end of the...

17th September 2018

US President Trump ramps up tariff talk on China, ready to go ahead with USD 200bln in tariffs, as according to source reports

Asian equities negative and European equities choppy as the tone sours; FX markets stable

Looking ahead, the highlight is US NY Fed Manufacturing

TRADE

US President Trump was said to want to go ahead with USD 200bln in China tariffs despite talks and told advisers to...

Asian equity markets traded mostly higher as the region took impetus from the US where the S&P 500 notched a 4th consecutive gain

Chinese data saw Industrial Production print in-line with expectations and Retail Sales beat, while Fixed Assets Investments growth declined to a fresh multi-year low

BoE Governor Carney said MPC cannot cut rates to offset a no deal Brexit and that house prices would plummet in a no-deal scenario

Looking ahead, highlights include the Russian rate decision,...