The Premarket Movers & News by Newsquawk

European bourses gave up opening gains but have recovered from lows to largely mixed/unchanged performance; US futures are marginally firmerChina was mixed on its return with pressure in bio stocks as the US administration is in favour of waiving IP rights, with the EU announcing a similar stanceChi

A mixed picture was observed in Asia-Pac stocks as the region took its cue from the indecision statesideThe Nasdaq was dragged lower by weakness in tech and growth, although S&P 500 and DJIA remained afloatIn FX markets, the DXY was relatively contained overnight, EUR/USD oscillated around 1.20

European bourses are firmer at present with mining, oil and tech names the outperformers; US futures are also supported though magnitudes are more containedUS Treasury Secretary Yellen clarified her remarks stating she was not predicting or recommending a rate increaseDXY largely recovered from init

Asian equity markets traded cautiously as the region battled to shrug off the tech-led declines in the USUS Treasury Secretary Yellen stated that interest rates will have to rise somewhat to ensure the economy does not overheatYellen later clarified that she is not predicting nor recommending a rate

European indices began the session firmer though initial gains diminished to largely mixed/flat performance with tech underperforming post Infineon and as NQ lagsUSD outperforms with EUR/USD having tested 1.20 and Cable dropping below 1.39, though unmoved on final PMIs while NZD lags pre-dataCore de

Asian equity markets traded mixed following on from a mostly positive US session after sentiment was underpinned amid an easing of COVID restrictionsThe Nasdaq underperformed with tech pressured by losses in work-from-home stocksIn FX, the DXY reclaimed 91.00, dragging EUR/USD and GBP/USD below 1.20

European bourses began with modest gains that have since fizzled out to reside in negative territory amid a holiday-thinned sessionCore debt has been pressured after Bunds failed to eclipse Friday's peak convincingly with EZ Final PMIs not moving the dial but US ISM and Fed speak in focusThe EU Comm

MON: German Retail Sales (Mar); EZ and US Manufacturing Final PMI (Apr); ISM Manufacturing PMI (Apr); UK Bank Holiday, Chinese Labour Day & Japanese Constitution DayTUE: RBA Policy Decision, UK Manufacturing Final PMI (Apr); US Durable Goods R (Mar); New Zealand Jobs Report (Q1); Riksdag Hearing

Asian equity markets began the week subdued amid key market closures and a lack of fresh macro-drivers over the weekendIn FX, the DXY retained gains seen on Friday, EUR/USD and GBP/USD sit on 1.20 and 1.38 handles respectivelyECB's de Guindos says the ECB can consider phasing out emergency stimulus

European bourses are rangebound with individual movers dominated by earnings; stateside, futures are modestly softerAmazon earnings beat on top and bottom lines after reporting a 44% increase in sales; +2% in pre-marketUSD is firmer but remains sub-91.00 with action largely confined to EUR & GBP

Asian stocks traded subdued after the momentum from yesterday’s intraday rebound and fresh record highs on Wall Street wanedThe APAC region was tentative at month-end and as participants digested an influx of earnings and mixed data releasesChinese official Manufacturing PMI and Non-Manufacturing PM

European bourses are somewhat mixed but slightly firmer overall after a heavy earnings morning in Europe while US futures are bolstered post large tech earningsApple and Facebook beat on top & bottom lines and are firmer in pre-market trade, with upside also in Qualcomm while Ford is pressuredPr

The FOMC left policy unchanged and Fed Chair Powell pushed back on early tapering expectationsAsian equity markets traded positively in reaction to the continued dovish tone from the FOMCSupport was also garnered from firm earnings amongst the tech giants including Apple, Facebook and QualcommFocus

European bourses are mixed though positively biased and rangebound in an earnings-dominated morning ahead of large-cap US reports; ES +0.1%Microsoft declined and Google shares surged after-hours/pre-market with both beating on top and bottom lines in their respective earningsUS President Biden plans

Asian equity markets traded tentatively following the flat performance of US peers as caution lingered ahead of the FOMCMicrosoft declined and Google shares surged after-hours with both beating on top and bottom lines in their respective earningsIn FX, the DXY lingers around the 91.00 mark, EUR/USD

Equity indices have been drifting throughout the morning with European bourses slightly lower than relatively unchanged US futures ahead of large-cap earningsTesla is lower in pre-market trade despite Q1 earnings beating on top and bottom lines with the Co. profiting from its Bitcoin holdingsBoJ kep

Asia-Pac stocks failed to take impetus from the mostly positive close and fresh record levels statesideBoJ kept policy settings unchanged, reduced inflation forecasts for the current fiscal year and upgraded growth projectionsIn FX, the DXY remains supported and eyes 91.00 to the upside, EUR/USD and

European indices have been choppy but contained throughout the morning, with US futures mixed but similarly rangebound, ahead of key risk events this weekThe USD remains pressured to the modest benefit of major peers though EUR fails to derive support hindered by GBP while JPY is steady ahead of the

MON: German Ifo Survey (Apr); US Durable Goods (Mar).TUE: BoJ Policy Decision and Outlook Report; Riksbank Policy Decision; MNB Policy Decision; South Korean GDP (Q1).WED: FOMC Policy Decision; Australian CPI (Q1), German GfK Sentiment (May); Canadian Retail Sales (Feb), JMMC Meeting.THU: German Une

Asia-Pac equity markets traded tentatively albeit with a positive tilt ahead of a slew of upcoming risk eventsIn FX, the DXY remained pressured below 91.00, EUR/USD and GBP/USD breached 1.21 and 1.39 to the upside respectivelyUS Senator Manchin says that he would prefer a more targeted infrastructur

European bourses are softer following the soured US sentiment though APAC indices managed to shrug this off, stateside futures are modestly firmer but containedUSD has been pressured but is still holding above the 91.00 mark and as such yesterday's low for the DXY, to the modest benefit of major pee

Asia-Pac stocks head into the weekend mixed after the region partially shrugged off the early headwinds from the USSentiment in the US was spooked by reports that President Biden plans to hike capital gains tax to as much as 43.4%The Japanese government is seeking an emergency declaration for Tokyo,

European bourses are firmer after an earnings-dictated start to the session while US futures are essentially flat, with earnings similarly in focusThe USD has been somewhat choppy initially eclipsing 91.20 sending Cable sub 1.39 briefly though since then the DXY has pulled back with peers mixedRussi

Asia-Pac stocks traded mixed as the region struggled to maintain the momentum from the USMajor US indices snapped a 2-day losing streak led by advances in small caps which resulted in the Russell 2000 finishing higher by more than 2%In FX, the DXY was indecisive overnight and briefly eyed a retest o

European bourses are firmer after an earnings fuelled morning while US futures are flat/negative with the NQ underperforming post NFLX -8.0% in pre-marketNetflix beat on top and bottom lines but subscriber additions were below expectations, also approved a USD 5bln share repurchase schemeThe USD is