The Premarket Movers & News by Newsquawk
Original insights into market moving news
Get the Daily Market Open in your inbox twice a day...
[PODCAST] European Open Rundown 27th July 2021
Asian equity markets traded mostly positive as the region found inspiration from Wall St. where all major indices extended on record highsSenate Majority Leader Schumer noted that the Senate may stay in session through the weekend to finish the billThe DXY consolidated after its recent retreat towar
READ STORY[PODCAST] US Open Rundown 26th July 2021
European bourses are softer but well off lows following a mixed APAC handover where China underperformed; Euro Stoxx 50 -0.4%Chinese Vice Foreign Minister Xie Feng said the relationship with the US is in a stalemate and now faces difficultiesModest further pressure was seen in sentiment after the do
READ STORYNewsquawk Week Ahead: highlights include US/China meeting; FOMC; US PCE, GDP; EZ CPI, GDP
MON: US-China meeting; German Ifo Survey (Jul).TUE: MNB Policy Decision; South Korean GDP (Q2); US Durable Goods (Jun) and Richmond Fed (Jul).WED: FOMC Policy Decision, BoJ SOO (Jul), CBRT Minutes (Jul); Australian CPI (Q2); German GfK Consumer Sentiment (Aug); Canadian CPI (Jun).THU: German Unemplo
READ STORY[PODCAST] US Open Rundown 23rd July 2021
Equities are firmer this morning as a modest risk-on bias is present amid quiet newsflow; Euro Stoxx 50 +0.8%, ES +0.5%The DXY is firmer but still capped by 93.00 with peers slightly softer overall and JPY lagging amid the absence of Japanese participantsEZ Flash PMIs beat across the board though sp
READ STORY[PODCAST] European Open Rundown 23rd July 2021
Asian stocks traded mixed with the region indecisive following on from a choppy performance statesideThe DXY consolidated beneath 93.00, EUR/USD and GBP/USD trade on 1.17 and 1.37 handles respectivelyECB's Weidmann and Wunsch opposed the Bank's new rate guidance, according to sourcesGOP Senator Coll
READ STORY[PODCAST] US Open Rundown 22nd July 2021
Equity indices remain firmer with sectors/movers in Europe dictated by earnings updates with US futures firmer though magnitudes slimmer; Euro Stoxx 50 +1.1%, ES 0.2%The USD has been choppy but has recently dipped from highs though peers remain contained ex-AUD & GBPGBP was briefly pressured on
READ STORY[PODCAST] European Open Rundown 22nd July 2021
Asia-Pac stocks traded higher following the extended rebound across global counterpartsIn FX, the DXY remains sub-93.00, EUR/USD eyes 1.18 and GBP/USD sits on a 1.37 handleThe US Senate voted to block the opening of the debate on the bipartisan infrastructure planDemocrat Senator Manchin stated that
READ STORY[PODCAST] US Open Rundown 21st July 2021
Equities are firmer this morning with a pro-cyclical bias in play; Euro Stoxx 50 +1.4%, ES +0.4% & RTY +0.9%DXY has been choppy around the 93.00 mark with peers rangebound and USD/JPY contained by OpExCore debt is pressured given the risk tone and, unlike Tuesday, the Bund outing not offering an
READ STORY[PODCAST] European Open Rundown 21st July 2021
Asia-Pac stocks traded with a positive bias as the region partially took impetus from the rebound on Wall StIn FX, the DXY held above 93.00, EUR/USD trades on a 1.17 handle and GBP/USD holds on to 1.36 statusUS Democrat Senator Manchin said they are getting close on the infrastructure dealUK ministe
READ STORY[PODCAST] US Open Rundown 20th July 2021
European bourses began the session firmer in a mild paring of yesterday's losses but have since retraced the bulk of this; Euro Stoxx 50 +0.3%Similarly, US futures pulled back but retain an underlying bid with the RTY, +0.9%, outperformingThe DXY is firmer but sub-93.00 with peers only modestly pres
READ STORY[PODCAST] European Open Rundown 20th July 2021
Asian equity markets traded lower after the region inherited a negative mood from global peersUS CDC raised UK to the highest risk level and warned Americans not to travel to BritainThe DXY heads into the European open firmer, but sub-93.00, EUR/USD and GBP/USD trade on 1.17 and 1.36 handles respect
READ STORY[PODCAST] US Open Rundown 19th July 2021
Risk-off sentiment is portrayed across markets as the downbeat APAC tone reverberates into Europe; Euro Stoxx 50 -2.1%, ES -0.9%US equity futures are lower across the board with the RTY (-1.7%) underperforming whilst losses in the NQ (-0.3%) are cushionedDXY eclipsed 93.00 with activity/crude curren
READ STORYNewsquawk Week Ahead 19-23rd July; highlights include PBoC, ECB, PMIs
MON: UK Lockdown Easing (TBC)TUE: RBA Minutes (July); PBoC LPR (Jul); Japanese CPI (Jun)WED: BoJ Minutes (June); Australian Retail Sales (Jun)THU: ECB Policy Decision, SARB and Bank of Indonesia Policy Decisions, Japan Market Holiday (Marine Day)FRI: EZ, UK and US Flash PMIs (Jul); UK Retail S
READ STORY[PODCAST] European Open Rundown 19th July 2021
Asia-Pac stocks and US equity futures began the week on the back foot; Hong Kong underperformedIn FX, DXY held on to Friday's mild gains, EUR/USD tested 1.1800 to the downside and USD/JPY dipped below 110.00ECB reportedly disagreed on stimulus guidance drafts for the 22nd July meeting, while talks o
READ STORY[PODCAST] US Open Rundown 16th July 2021
European bourses are mixed/lower following an indecisive open; US equity futures are flat intradayDXY has been choppy with G10 peers trading similarly though the NZD outperforms on further RBNZ hawkish calls while USD/JPY trades above 110.00US President Biden's Administration has issued an advisory
READ STORY[PODCAST] European Open Rundown 16th July 2021
Asian stocks were subdued as the region took its cue from the lacklustre performance across global peers; US equity futures were flat overnightIn FX, DXY remained above 92.50, USD/JPY probed 110.00 and the NZD outperformed and Westpac now expects three RBNZ hikes this yearUS is preparing to impose s
READ STORY[PODCAST] US Open Rundown 15th July 2021
European bourses are lower across the board following a mixed-APAC handover where China outperformedUS equity futures vary with the NQ (+0.3%) the outperformer while the RTY (-0.8%) lagsBoE's Saunders said it may become appropriate fairly soon to withdraw some of the current monetary stimulus; spark
READ STORY[PODCAST] European Open Rundown 15th July 2021
APAC equities lacked firm direction, Hong Kong outpaced peers; US equity futures were mixed, NQ outperformedIn FX, the DXY tested but failed to breach 92.50 to the upside, USD/JPY fell under 110.00 and EUR/USD remained above 1.1800Fed Chair Powell stated it is still appropriate that monetary policy
READ STORY[PODCAST] US Open Rundown 14th July 2021
European bourses hold a modest downside bias while US futures are mixed/flat; ES U/C & NQ +0.3%The RBNZ kept its OCR unchanged but tilted more hawkish than was expected; NZD outperformsUSD is pressured with peers firmer but contained ex-NZD while core debt has bounced after strong German issuanc
READ STORY[PODCAST] European Open Rundown 14th July 2021
Asian equity markets traded mostly lower; US equity futures were also subduedIn FX, the DXY held on to most of the CPI-induced gains following a soft 30yr auctionUS Senate Democrats reached a USD 3.5tln budget deal for spending and tax plansThe RBNZ kept its OCR unchanged but tilted more hawkish tha
READ STORY[PODCAST] US Open Rundown 13th July 2021
European bourses and US equity futures are contained with mild outperformance in the NQ (+0.4%) vs the ES (U/C)The DXY has been grinding higher with peers mixed/flat; USTs & EGBs are little changedChinese trade data topped estimates but Customs warned of many uncertainties and instabilities in H
READ STORY[PODCAST] European Open Rundown 13th July 2021
Asia-Pac stocks traded higher across the board; Hong Kong outperformed and US equity futures were flatIn FX, the DXY was flat above 92.00, EUR/USD traded sideways and antipodeans outperformedChinese trade data topped estimates but Customs warned of many uncertainties and instabilities in H2 due to t
READ STORY[POCAST] US Open Rundown 12th July 2021
European bourses began the session indecisive but have since dipped as broad risk sentiment slips, Euro Stoxx 50 -0.3%, ES -0.3%, RTY -0.8%The DXY remains bid to the detriment of peers with high-betas suffering on COVID-19 concerns and crumbling commodities while USTs climb ahead of US supplyECB's L
READ STORYNewsquawk Week Ahead 12-16th July: Highlights include US CPI, retail sales; China GDP; BoJ, RBNZ, BoC, CBRT; Aussie Jobs; UK CPI, jobs
MON: Riksbank Minutes (July), Eurogroup Meeting & Foreign Affairs CouncilTUE: US CPI (Jun); Chinese Trade Balance (Jun); IEA MOMR, EU Economic/Financial Affairs CouncilWED: BoC, RBNZ & CBRT Policy Decisions; UK Inflation (Jun); EZ Industrial Production (Jun); US PPI (Jun)THU: BoK Policy Deci
READ STORY[PODCAST] European Open Rundown 12th July 2021
Asia-Pac stocks began the week on the front foot; Chinese markets conformed to the positive mood following the PBoC's surprise RRR cut on FridayIn FX, DXY was lacklustre, EUR/USD held onto its 1.1800 handle, GBP/USD stalled at 1.3900 and USD/JPY found a base at 110.00ECB's Lagarde said she sees a Ju
READ STORY