Newsquawk Rundown, Daily Podcast

Trade concerns saw a slight moderation after US President Trump suggested he would ease off on demands for new tight restrictions regarding Chinese investments

Asian equity markets remained cautious. In FX, USD, EUR and GBP were quiet overnight with the greenback holding onto the prior day’s advances

Looking ahead, highlights include US durables, US advanced goods trade, DoEs, RBNZ, Fed’s Quarles, Rosengren, US 5yr Note auction

ASIA

Asian...

Equity bourses initially negative and around multi month lows as US trade concerns filter through to Europe

Positive commentary from US Defence Secretary Mattis softens the blow, as President Xi talks have been “very, very” good

Looking ahead, highlights include, US durables, US advanced goods trade, DoEs, RBNZ, Fed’s Quarles, Rosengren, US 5yr Note auction

ASIA

Asian equity markets were negative with the region cautious as trade...

Asian stocks were negative across the board amid trade-inspired spill-over selling from the US

US Treasury Secretary Mnuchin suggested investment restrictions were not just specific to China but to all countries trying to steal US technology

White House Trade Advisor Navarro provided momentary relief as he stated the US has no plans to impose investment restrictions but will defend itself against threats

Looking ahead, highlights include US CaseShiller, Richmond Fed, NZ trade,...

Asian equity markets began the week mixed as the region digested a targeted RRR reduction by the PBoC and reports the US is planning new restrictions on China

US President Trump is said to be planning new restrictions on tech exports to China and Chinese investment with an announcement expected by end of the week

Looking ahead, highlights include German IFO

TRADE

US President Trump is said to be planning new restrictions on tech exports to China and...

Asian stocks mixed; DJIA closed lower for 8th consecutive trading session

WTI and Brent crude higher amid uncertainty ahead of today’s OPEC meeting

Looking ahead, highlights include Eurozone PMIs, Canadian CPI, and the OPEC meeting

ASIA

Asia stocks were somewhat mixed with the region cautious as trade concerns lingered and following a weak lead from Wall St where all major US indices closed negative and the DJIA declined for an 8th consecutive day...

Asian equity markets mixed; China underperforms as trade fears linger

FX markets quiet with DXY holding above 95.00; NZD soft as growth slows

Looking ahead, highlights include rate decisions from BoE, SNB and Norges Bank

ASIA

Asia traded mixed although were initially mostly higher following a similar showing on Wall St where most major indices finished positive in which the Nasdaq Comp. and Russell 2000 rose to fresh record highs, while the DJIA lagged...

Asian shares mostly higher as stocks take a breather following Tuesday’s decline

FX price action relatively uneventful but USD/JPY reclaims 110.00

Looking ahead, highlights include US existing home sales and a panel discussion with Fed’s Powell, ECB’s Draghi, BoJ’s Kuroda & RBA’s Lowe

ASIA

Asia stocks traded mixed as the region attempted to compose itself from the prior day’s sell-off and after some late reprieve on...

Trump targets USD 200bln in fresh China tariffs; China says to fight back firmly

Asia-Pac equity markets were mostly lower amid a further escalation of trade tensions

Looking ahead, highlights include speeches from ECB’s Draghi, Praet, Lane and Fed’s Bullard

TRADE TARIFFS

US President Trump asked the US Trade Representative to identify USD 200bln in Chinese goods for further tariffs of 10% which will be imposed if China refuses to change its...

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ASIA

Asia stocks mostly backpedalled at the start of the week as the region digested the tit-for-tat trade spat between US and China, in which the US confirmed tariffs on USD 50bln of Chinese goods and China responded with reciprocal tariffs of the same value against the US. ASX 200 (+0.3%) and Nikkei 225 (-0.8%) both opened negative with Australia initially led lower by commodity-related sectors although strength in financials and healthcare later reversed the downside in the index,...

ASIA

Asian equity markets were somewhat mixed as the region digested the fallout from the ECB, while participants also mulled over Trump’s decision to impose tariffs on China. ASX 200 (+1.3%) and Nikkei 225 (+0.4%) traded higher with Australia the outperformer on broad gains across all sectors. Elsewhere, Hang Seng (-0.2%) and Shanghai Comp. (-0.9%) were lower despite the PBoC conducting a net weekly injection of CNY 240bln and Pledged Supplementary Lending operation, as Trump’s decision to impose tariffs...