Newsquawk Rundown, Daily Podcast

European equities positive as auto names drive gains, on suggestions that US is ready to give car tariffs a break

UK markets react to an upbeat Carney after the BoE chief suggests Q1 softness was largely due to weather

Looking ahead, highlights include, US ADP, ISM non-MFG, DOEs, FOMC minutes, and ECB’s Weidmann and Mersch

ASIA

Asian equity markets were cautious from the open ahead of this week’s key risk events and following the US holiday...

Asian shares traded lower, led by Chinese markets

USD mostly lower; USD/CNY steadies despite weaker fix amid reports Chinese state banks were selling USD

Looking ahead, highlights include PMIs from Europe and the UK; US markets closed for Independence Day

ASIA

Asia stocks traded lower following a subdued lead from the holiday-shortened US session, where all majors finished in the red and tech underperformed as Micron shares tumbled almost 7% after losing...

Asian stocks traded mixed as the region failed to take full advantage of the tail wind from the tech-led recovery on Wall St

In FX, DXY remained firm overnight, RBA was a non-event for AUD, USD/CNH higher by over 4 points after the PBoC set the weakest fix since August last year

Looking ahead, highlights include Riksbank rate decision, UK construction PMI, US factory orders, APIs, ECB’s Praet

ASIA

Asian stocks traded mixed as the region failed to...

Wall Street gains and CDU/CSU immigration agreement leads EU stocks into the green

Riksbank leaves rates and rate path unchanged, but opposition from Floden and Ohlssen pushes SEK higher

Looking ahead, highlights include, US factory orders, APIs and ECB’s Praet

ASIA

Asian stocks traded mixed as the region failed to take full advantage of the tail wind from the tech-led recovery on Wall St and early bargain hunting following the prior day’s hefty declines. ASX...

Asian equity markets began H2 indecisively with the region constrained by disappointing data releases including Chinese Official & Caixin Manufacturing PMIs

EUR/USD hampered after CSU party leader Seehofer offered to resign amid the migration dispute

Looking ahead, highlights include Eurozone, UK and US mfg PMIs, US construction spending, ISM manufacturing and ECB’s Praet

ASIA

Asian equity markets began H2 indecisive with the region constrained...

Risk tone soured in Europe as US tariffs concerns and German political instability lead all equity markets into negative territory

US President Trump said he spoke to Saudi Arabia’s King Salman on raising production by as much as 2mln barrels and that prices were too high, which the Saudi ruler agreed with

Looking ahead, highlights include, US mfg PMIs, US construction spending, ISM manufacturing and ECB’s Praet

ASIA

Asian equity markets began...

Asian stocks initially struggled for direction before seeing a mild uplift after EU leaders reached an agreement on migration

EUR/USD reclaimed the 1.1600 handle with most other majors benefitting from subsequent USD softness

Looking ahead, highlights include German jobs, UK GDP (Q1), EZ CPI, US PCE, Canadian GDP, Chicago PMI, EU summit

ASIA

Asian stocks initially struggled for direction and traded mixed for most the session with the ASX 200 (+0.1%) and...

EU sentiment rebounds with equities all in the green as a deal is reached on migrants

Positive UK GDP figure give GBP a lift

Looking ahead, highlights include, US PCE, Canadian GDP, Chicago PMI, EU summit

ASIA Asian stocks initially struggled for direction and traded mixed for most the session with the ASX 200 (-0.3%) and Nikkei 225 (+0.1%) contained on month-, quarter- and half-year end rebalancing, while better than expected Industrial Production and a...

Asian equity markets traded somewhat indecisively after White House economic adviser Kudlow rejected the perception that Trump was softening his stance on China

Chinese stocks later recovered amid pre-emptive trade measures including a further devaluation of the CNY and adjustments on tariffs for some imports from other Asia-Pac nations

Looking ahead, highlights include regional and national German CPIs, US GDP (F), weekly jobs, EU summit, BoE’s Haldane, US 7yr...

European equities are lower across the board (Eurostoxx 50 -0.4%) as trade tensions continue to weigh on sentiment

DXY remains above 95.00 in European trade after an early bout of strength (now off best-levels)

Looking ahead, highlights include German national CPI, US GDP (F), weekly jobs, EU summit, BoE’s Haldane, US 7yr note auction

ASIA

Asian equity markets traded somewhat indecisive following the headwinds from Wall St where all major indices...