Newsquawk Rundown, Daily Podcast

The Fed stood pat on rates as expected with little in the way of fireworks from the release. Markets continue to back a September hike at the FOMC

Asian equity markets were weaker across the board with sentiment weighed on by increased global trade tensions after US officials confirmed recent reports about potential hikes to Chinese tariffs

Looking ahead, highlights include UK construction PMI, BoE rate decision, minutes and QIR, US weekly jobs, factory orders and a slew of large cap...

US President Trump instructs USTR to consider 25% tariffs, instead of 10%, on USD 200bln of Chinese goods

USD strengthening and equities sliding on tariff concerns

Looking ahead, highlights include, BoE rate decision, minutes and QIR, US weekly jobs, factory orders and a slew of large cap earnings

ASIA

Asian equity markets were weaker across the board with sentiment weighed by increased global trade tensions after officials confirmed US President Trump...

Asian equity market were initially mostly higher as region got a tailwind from US. However, sentiment was soured after reports that the Trump administration is planning to propose an increase to 25% tariffs from 10% on USD 200bln of Chinese goods

In FX markets, the greenback remained firm with the DXY near the prior day’s highs around 94.50 as its major counterparts languished

Looking ahead, highlights include EZ, UK & US Mfg PMIs, US ADP, Constructions Spending, ISM Mfg, DoEs, Quarterly...

Trump administration plans to propose a higher tariff of 25% (Prev. 10%) on USD 200bln of imports from China with an announcement possible as soon as today, according to sources

European equities are marginally lower as focus once again remains on earnings. Apple higher by 3.5% in pre-market trade post-earnings

In FX, Greenback overall has rebounded further from Tuesday’s lows ahead of the latest FOMC decision

Looking ahead, highlights include US Mfg PMI, US ADP, Constructions...

BoJ kept rates at -0.1% and long-term yield target held at around 0.0%. Announced more flexibility in yields and adopted forward guidance on rates which it will maintain at very low levels for an extended period

Asian equity markets traded mostly subdued after the continued tech sell-off in the US where all majors declined and the Nasdaq posted its worst 3-day performance in 4 months

USD/JPY was choppy around the 111.00 handle but then saw late support after the BoJ decision proved to be less...

Bank of Japan stand pat on rates, announce more flexibility in yields and forward guidance

Eurozone GDP below expectations and inflation above expectations, EUR unmoved

Looking ahead, highlights include, US PCE, Personal Spending, Canadian GDP, Chicago PMI and a slew of large cap earnings

ASIA

Asian equity markets traded mostly subdued after the continued tech sell-off in US where all majors declined and the Nasdaq posted its worst 3-day performance in 4...

Asian equity markets began the week lacklustre after the tech-led declines last Friday on Wall Street and ahead of this week's slew of risk events

The UK government has reportedly agreed to give ECJ final say in arbitration regarding Brexit, divorce bill and potential Irish backstop in an effort to break the negotiation stalemate

Looking ahead, highlights include regional and national German CPIs

ASIA

Asian equity markets began the week lacklustre...

European bourses mostly lower ahead of this week’s key risk events

Fixed Income losses have accelerated pretty sharply with big figure breaks triggering some stops

Looking ahead, highlights include national German CPI (following mixed state CPIs)

ASIA

Asian equity markets began the week lacklustre after the tech-led declines last Friday on Wall Street and amid cautiousness ahead of this week's slew of risk events, while further CNH weakness also...

Asian equity markets traded slightly mixed after a similar varied performance on Wall St where focus remained on earnings season

EU’s Barnier stated that the EU cannot delegate customs policy to Britain and any customs arrangement must respect this principle; effectively shooting down the Chequers deal

Looking ahead, highlights include the Russian rate decision, Uni. of Michigan Sentiment, Baker Hughes and BoE’s Haldane

ASIA

Asian equity...

European equities are mostly higher (Eurostoxx 50 +0.4%) amid a slew of pre-market earnings. Amazon currently higher by 4.1% in pre-market trade

USD is trying to build on recovery gains back above 94.500 amid Trumped-up expectations for today’s GDP print

Looking ahead, highlights include US GDP, Uni. of Michigan Sentiment, the Baker Hughes rig count

ASIA

Asian equity markets traded slightly mixed after a similar varied performance on Wall St where...