The Premarket Movers & News by Newsquawk

Equity bourses/futures are mixed but relatively contained around the unchanged mark in minimal newsflow; ES -0.1%, Euro Stoxx 50 +0.2%USD retains an underlying bid to the detriment of peers across the board though EUR/USD remains above current YTD lowsUS Senate passed the infrastructure bill as expe

APAC equities saw a mixed session; the ASX 200 hit a new high and the KOSPI laggedFX markets were quiet, DXY tested yesterday's high before pulling back, USD/JPY remained above 110.50Crude futures drifted lower overnight amid COVID developments in the Asia-Pac regionUS Senate passed the infrastructu

European bourses are marginally firmer with US futures mixed/flat in quiet newsflow after initial overnight pressure in futures despite a lack of catalystsUS Senate's infrastructure deal vote is expected today at 11:00EDT/16:00BSTUSD is underpinned to the detriment of safe-haven CHF & JPY while

APAC equities traded mixed; the Nikkei gave up its catch-up gains and China was choppyUS equity futures were dented alongside sentiment despite the absence of a catalyst at the timeFed's Rosengren (2022 voter) said the Fed should announce QE tapering in September for a start this fallChina's Daily n

European bourses lack direction amid quiet newsflow following a Japanese market holiday while US futures are mixed and the RTY lags, -0.6%Spot gold and silver saw mini flash crashes in early and thin APAC trade, while crude futures continue to crumbleIn FX, the DXY remains pressured though relativel

MON: Japanese Holiday (Mountain Day); Chinese Inflation (Jul); EZ Sentix Index (Aug).TUE: EIA STEO; German ZEW Survey (Aug).WED: US CPI (Jul).THU: Banxico & CBRT Policy Decisions, OPEC MOMR & IEA OMR; UK GDP Estimate (Jun); US PPI (Jul).FRI: US Uni of Michigan Prelim Sentiment (Aug).NOTE: Pr

APAC stocks traded cautiously with volumes light in Japan's absence; China eventually outperformedSpot gold and silver saw mini flash crashes in early and thin trade, while crude futures remained subduedIn FX, DXY drifted off best levels, EUR/USD briefly dipped to a four-month low and USD/JPY traded

European bourses are marginally firmer in tentative and contained trade amid minimal newsflowUS equity futures trade sideways in the run-up to the final jobs report before the Fed's Jackson Hole SymposiumIn FX, the DXY continues to grind higher to the detriment of peers across the board while EUR/GB

Asia-Pac equities saw a mixed session; Mainland China narrowly underperformedUS equity futures traded sideways in the run-up to the final jobs report before the Fed's Jackson Hole SymposiumIn FX, DXY was firmer, EUR and GBP were flat whilst the AUD and NZD laggedRBA Governor Lowe welcomes a lower AU

European bourses are firmer but contained with earnings dominating as macro updates are minimal; Euro Stoxx 50 +0.4%, ES U/CUSD has been pressured to the benefit of peers ex-JPY, though performance is overall relatively contained while USTs & EGBs divergeFed's Daly (2021, 2024 voter) said her mo

Asia-Pac equities traded mixed with the breadth of the price action narrow; US equity futures saw mild gainsIn FX, DXY held onto the Clarida-induced gains; the non-US Dollars saw some upside and the JPY narrowly laggedFed's Daly (2021, 2024 voter) said her modal outlook is the Fed will be able to ta

Equity bourses are firmer in Europe with US futures little changed in a contained session pre-Clarida/quarterly refunding; ES U/CIn FX, the USD rose to fresh weekly highs with peers mixed as antipodeans outperform and EUR/USD drops to within a 2bln FX option band for the NY cutChina's Caixin Service

Asia-Pac equities traded mostly higher; Hong Kong outperformed with the Hang Seng Tech Index rising over 3%US equity futures overnight resumed trade modestly softer and were caged throughout the sessionIn FX, DXY probed 92.000, EUR, GBP and JPY were uneventful whilst the NZD was bolstered by a solid

European equities, Stoxx 50 +0.3%, are dictated by earnings updates with Oil names outperforming on BP and autos diverging after Daimler and StellantisStateside, futures are firmer and the RTY is outperforming ahead of further large-cap earningsIn FX, DXY lost 92.00; EUR, GBP, and JPY are firmer but

APAC equities saw a cautious session; Hong Kong lagged as gaming stocks were hit by China's renewed crackdownUS equity futures overnight resumed trade with mild broad-based gainsIn FX, DXY held onto 92.00; EUR, GBP, and JPY were uneventful whilst antipodeans saw central bank updatesFed Governor Wall

Risk sentiment is constructive though EU action has been minimal and focused on earnings/weekend newsflow as we await risk events; ES +0.6%The DXY is sedate on the new-month with peers benefitting but only modestly so; core debt is deviating with USTs firmerA vote on the USD 1tln infrastructure bill

MON: Chinese Caixin Manufacturing PMI Final (Jul); German Retail Sales (Jun); EZ, UK and US Manufacturing PMI Final (Jul); US ISM Manufacturing PMI (Jul); Canadian Civic HolidayTUE: RBA Policy Decision; EZ PPI (Jun); US Durable Goods R (Jun); New Zealand HLFS Jobs Report (Q2)WED: BCB Policy Decision

APAC equities traded higher across the board; Japan outperformed whilst China reboundedUS equity futures extended on gains throughout the night, with the ES and NQ back above 4,400 and 15,000 respectivelyFX markets were uneventful, DXY traded within a tight range just above the 92.00, EUR, GBP and J

Equities are subdued going into month-end with attention on AMZN (-6.1%) following a disappointing earnings report and guidance; ES -0.6%USD has been choppy and pressured for much of the session, though has staged a modest recovery with peers mixed/flatUS SEC has stopped processing the IPO registrat

Asia-Pac stocks mostly weakened at month-end with the region occupied by a slew of earnings and data releasesAmazon was seen lower by 7.4% after-hours following a disappointing earnings report and guidanceIn FX, the DXY heads into the European open around the 92.00 mark, EUR/USD trades sub-1.19 and

European bourses are firmer after an earnings dominated morning with US futures positively-biased but more contained; Euro Stoxx 50 +0.4%, ES +0.2%DXY is subdued and sub-92.00 at worst to the benefit of G10 peers while debt dips on sentiment and ahead of US 7yr supplyThe US Senate voted 67-32 to mov

FOMC stood pat on policy whilst noting that progress has been made towards goals; substantial threshold not yet metFOMC is on track to make an explicit ‘taper is coming’ signal at the Jackson Hole SymposiumAsia-Pac stocks traded positively alongside a rebound in Chinese equities as regulators attemp

Equity indices are firmer but contained pre-Fed after the lacklustre APAC handover with movers dominated by earnings; Euro Stoxx 50 +0.7%, ES +0.2%Large cap US earnings sees Apple lower pre-market trade, Microsoft marginally firmer and Alphabet higher; all beat on top and bottom linesUSD is choppy b

Asian equity markets traded mostly lower following on from the subdued mood in global counterpartsLarge cap US earnings saw Apple lower in after-market trade, Microsoft marginally firmer and Alphabet higher; all beat on top and bottom linesDXY is lacklustre around 92.50 ahead of FOMC. EUR/USD and GB

Sentiment slipped around the European cash open given pressure in China's bourses, though we are currently off lows; Euro Stoxx 50 -0.4%, ES -0.3%USD is firmer with activity currencies pressured on the tone and safe-haven JPY outperforming; though, attention is on rising Tokyo COVID-19 cases amid th