Newsquawk Rundown, Daily Podcast

Asia-Pac stocks traded mixed following the unconvincing performance on Wall St whereby the majors somewhat flatlined

In FX, CAD was underpinned by trade hopes on reports that Canada was said to be prepared to make concessions on dairy for NAFTA

UK and EU officials are said to view mid-November as the new Brexit deal deadline and are said to view an agreement by October as unlikely

Looking ahead, highlights include US GDP (2nd estimate), Pending Home Sales, DoEs, supply from Germany and...

European equities trade on the backfoot (Eurostoxx 50 -0.5%) with underperformance in Spain’s IBEX (-1.0%)

The DXY and broad Dollar continue to consolidate off recent lows on the back of Monday’s upbeat US consumer confidence survey

UK and EU officials are said to view mid-November as the new Brexit deal deadline and are said to view an agreement by October as unlikely

Looking ahead, highlights include US GDP (2nd estimate), Pending Home Sales, DoEs, and supply from the...

Asian equity markets traded mostly higher as the region got a tailwind from US where the S&P 500 and Nasdaq extended on record highs

In FX markets, the DXY remained below the 95.00 level following a 2-day selldown

Looking ahead, highlights include a speech by ECB’s Praet, and weekly API crude inventories

ASIA

Asian equity markets traded mostly higher as the region got a tailwind from US where the S&P 500 and Nasdaq extended on record highs...

European equities trade mixed (Eurostoxx 50 -0.1%), UK’s FTSE 100 outperforms as it plays catch-up

The Dollar has lost more ground vs most G10/major rivals, but remains mixed vs EMs

Looking ahead, highlights include a speech by ECB’s Praet, and weekly API crude inventories

ASIA

Asian equity markets traded mostly higher as the region got a tailwind from US where the S&P 500 and Nasdaq extended on record highs with sentiment supported after...

Asian equity markets began the week positive across the board following the record closes for the S&P 500 and Nasdaq Comp on Friday in US

USD/JPY and JPY-crosses traded choppy in which they initially extended on gains before pulling back while DXY held above the 95.00 level

Looking ahead, highlights include the German Ifo Survey, US National Activity Index and Dallas Fed Manufacturing Business Index. Note: Today is a UK Bank Holiday

 

ASIA

Asian equity...

European equities are mostly higher (Eurostoxx 50 +0.2%) as auto names support the continent

Little respite for the Lira after the Turkish holidays, USD/TRY up around 3% on the day

Looking ahead, highlights include US National Activity Index and Dallas Fed Manufacturing Business Index. Note: Today is a UK Bank Holiday

ASIA

Asian equity markets began the week positive across the board following the record closes for the S&P 500 and Nasdaq Comp on...

Asian equity markets traded mixed amid a weak lead from Wall St, a lack of progress during US-China trade discussions and a change of leadership in Australia

AUD was supported as Australian Treasurer Morrison becomes the new PMI

Looking ahead, highlights include German GDP, US durable goods and Fed’s Chair Powell to speak at the Jackson Hole Symposium

ASIA

Asian equity markets traded mixed as the region digested the weak lead from Wall St, a lack of progress during...

Tentative trade ahead of Fed Chair Powell’s speech at Jackson Hole

AUD the biggest G10 mover overnight as Morrison sworn in as new Prime Minster

Looking ahead, highlight include, US durable goods and Fed’s Chair Powell to speak at the Jackson Hole Symposium

ASIA

Asian equity markets traded mixed as the region digested the weak lead from Wall St, a lack of progress during US-China trade discussions and change of leadership in Australia. ASX 200...

FOMC minutes stated trade dispute poses downside risk to the US economy, adding it would soon be appropriate to raise rates

DXY whipsawed and briefly fell below 95.00 in a knee-jerk reaction to the trade-wary FOMC minutes

Looking ahead, highlights include Norwegian GDP, EZ and US flash PMIs, US New Home Sales, and US-China trade talks in Washington

FOMC MINUTES

FOMC minutes stated that escalation of trade disputes was potentially a consequential downside risk for the US economy, while the...

European equities are largely mixed and trading without direction amidst the fresh US-China tariff action

FOMC minutes have given the flagging Usd a fillip, along with indirect props from rival currencies that are succumbing to more selling pressure

Looking ahead, highlights include ECB Minutes, US flash PMIs, US New Home Sales, and US-China trade talks in Washington

ASIA

Asia-Pac stock markets traded subdued with the region cautious amid political...