Newsquawk Rundown, Daily Podcast

Mixed reports that US President Trump is to exit NATO after the Chinese Commerce Ministry rubbished suggestions that there had been contact with the US on trade

Choppy trade in equities while commodities find some relief after sharp losses in Wednesday’s trade

Looking ahead, highlights include, ECB minutes, US CPI, weekly jobs figures, supply from the US

ASIA

Asian equity markets shrugged off the energy-led declines in US and traded higher across the board with...

US Trade Representative Lighthizer announced US will impose tariffs of 10% on additional USD 200bln of goods from China

Asian stocks slumped across the board. The risk averse tone spurred flows into safe-haven JPY which briefly dragged USD/JPY below the 111.00 handle

Looking ahead, highlights include US PPI, DoEs, BoC rate decision, supply from Germany and the US, ECB’s Draghi, Villeroy, Praet, Mersch, BoE’s Carney, BoC’s Poloz and Fed’s...

US begins the process for installing 10% tariffs on USD 200bln of Chinese imports

European equities hit and investors ditch high-beta currencies as risk-off tone returns

Looking ahead, highlights include, US PPI, DoEs, BoC rate decision, supply from Germany and the US, ECB’s Mersch, BoE’s Carney, BoC’s Poloz and Fed’s Williams

 

TRADE

US Trade Representative Lighthizer announced US will impose tariffs of 10% on additional USD 200bln...

Asian equity markets traded mostly higher on the momentum from Wall St where the DJIA notched its best performance in a month

The head of the Conservative 1922 Committee indicated that he did not receive the 48 letters required for a leadership challenge

Looking ahead, highlights include Norwegian CPI, UK monthly GDP, output, trade, German ZEW, APIs, ECB’s Lautenchlaeger

ASIA

Asian equity markets traded mostly higher on the momentum from Wall St where the DJIA...

Surprise UK Industrial Output miss reverses GBP early rise, German ZEW conditions miss hits EUR

European equities largely higher following in step with Asia in a news-thin morning

Looking ahead, highlights include, APIs and ECB’s Lautenschlaeger

 

ASIA

Asian equity markets traded mostly higher on the momentum from Wall St where the DJIA notched its best performance in a month, and financials outperformed on optimism heading into...

Asian stocks began the week higher across the board as the region followed suit to Wall St’s performance on Friday

UK Brexit Secretary Davis resigned, stating that PM May’s policy is now more likely to break the manifesto pledge and leaves the UK in a weak negotiating position

Looking ahead, highlights include German trade, ECB’s Praet, Draghi and Fed’s Kashkari

ASIA

Asian stocks began the week higher across the board as the region followed suit to Wall St’s...

UK agrees on white paper proposal with Dominic Raab announced as new UK Brexit Secretary; David Davis resigns

European Equities in the green but FTSE underperforms on a stronger GBP

Looking ahead, highlights include, ECB’s Praet, Draghi and Fed’s Kashkari

ASIA

Asian stocks began the week higher across the board as the region followed suit to Wall St’s performance on Friday after a Goldilocks US jobs report. The broad appetite for risk saw all majors...

FOMC Minutes noted concern on trade policy risks but didn’t suggest anything that would likely swerve the Fed from its hiking path

UK PM May is to unveil plans that involve UK agreeing to a formal treaty with EU post-Brexit that will tie the UK to Brussels rules on goods

Looking ahead, highlights include US NFP, US trade, Canadian jobs, Baker Hughes

FOMC MINUTES

Most Fed policymakers said trade policy risks has intensified and were concerning, while...

Limited reaction seen across asset classes as China/US tariffs are imposed ahead of NFP

Reports of JP Morgan taking a stake in Deutsche Bank refuted

Looking ahead, highlights include US NFP, US trade, Canadian jobs, Baker Hughes

ASIA

Asian stocks traded higher after the positive momentum from Wall St’s best performance in over a month followed through to Asia. ASX 200 (+0.9%) and Nikkei 225 (+1.1%) were positive as both indices took impetus from...

Asian equity markets were cautious from the open with sentiment later deteriorating as focus turned to the looming July 6th tariffs

UK Brexit Secretary Davis has written to PM May in a last-ditch attempt to warn her that her Brexit plan to be presented at Chequers is unworkable

Looking ahead, highlights include US ADP, ISM non-MFG, DOEs, FOMC minutes, supply from Spain and France and a slew of speakers

ASIA

Asian equity markets were cautious from the open...