The Premarket Movers & News by Newsquawk

Asia-Pac stocks rebounded from yesterday’s sell-off after the region took impetus from the strong performance on Wall StBank of Korea maintained the 7-Day Repo Rate at 0.50% as expected through a unanimous decisionA study tracking the use of the Pfizer/BioNTech vaccine in Israel shows that the vacci

European equity indices (ex-FTSE 100) and US futures are firmer on the session with RTY the outperformer, +0.7%US 10yr yields are flat on the session at 1.3680%; DXY has seen slight upside after initial downside where it lost the 90.0000 handleWTI and Brent are positive and in proximity to best leve

Asia-Pac bourses traded lacklustre following on from the mixed performance stateside where the major US indices spent most of the session clawing back early tech-led declinesHong Kong announced it will increase stamp duty for stock trading to 0.13% from 0.10%RBNZ kept the OCR at 0.25% and LSAP at NZ

Equity indices are notably pressured, Euro Stoxx 50 -1.5%, while the FTSE 100 -0.8% is the relative-outperformer and NQ, -1.7%, underperforms as tech lags; TSLA -6.0%Crude remains underpinned but has given up earlier highs given the broader deterioration while precious metals are hindered but XAU fa

Asian equity markets eventually traded mostly positive after initial choppy price action following on from the mostly negative lead via Wall StSentiment in the US was pressured amid underperformance in tech and continued increases in yieldsIn FX, the DXY continued to fade yesterday’s initial strengt

European indices and US futures are seeing downside as the NQ -1.2% underperforms in-fitting with the tech sector lagging; while crude remains supportedUS yields continue to extend, 10yr overnight peak 1.3940%, the debt itself is off-lows given the broader tone though still subduedPfizer/BioNTech CO

MON: PBoC LPR Setting; Bank of Israel Policy Announcement; German Ifo Survey (Feb); New Zealand Retail Sales (Q4)TUE: UK Employment Report (Dec) and Claimant Count (Jan); EZ CPI Final (Jan)WED: RBNZ Policy Announcement; German GDP (Q4)THU: BoK Policy Announcement; German GfK Consumer Sentiment (Mar)

Asian equity markets began the week indecisively with weekend newsflow not providing much to spur sentiment in either directionIn FX, the DXY remains supported with the US 10yr yield reaching 1.3940% overnight. GBP/USD maintains 1.40 statusUK PM Johnson is to announce his roadmap for exiting lockdow

European indices and US futures are supported as the RTY +0.9% outperforms with US yields firmer but off highsCrude is under pressure, but off lows, as Texas weather and potential geopolitical risk-premia begins to unwindBiden will reportedly say the US is not looking for a cold war with China but p

Asian equity markets traded negatively following a weak handover from Wall St where the major indices declinedHouse Speaker Pelosi said the House will vote on the USD 1.9trln stimulus bill at the end of next weekSenior Democrats discussed proposing as much as USD 3tln of additional spending on a job

European indices and US futures are softer on the session as the NQ -0.8% continues to lag and European sectors are dictated by earnings; Euro Stoxx 50 -0.3%, ES -0.4%Study on the Pfizer/BioNTech vaccine seemingly indicates that it is significantly less effective on the South African variantWTI and

Asian equity markets traded indecisively as the region took its cue from a similarly uninspiring lead from the USFOMC minutes proved to be uneventful in which the account noted that the Fed is still far from its inflation and employment goalsThe DXY held firm after its brief incursion above 91.00, E

European indices are modestly softer while US futures are essentially flat ahead of a number of US risk events, including FOMC minutesUSTs are a touch firmer with yields flattening as such and off of yesterday's cycle highs of 1.33% in the 10-yearCrude remains bolstered amid US oil production report

Asia-Pac equity markets traded mostly lower after the lacklustre handover from Wall StreetUS Treasury yields printed fresh cyclical highs with the 10yr currently circa 1.3%US President Biden said every American who wants a vaccine will receive it by the end of JulyIn FX, the DXY was choppy overnight

US futures are firmer, ES +0.4%, but off earlier highs with European equities softer, Euro Stoxx 50 -0.1%, and the reflation trade resuming; Russell 200 +0.8%, US 10yr-yield surpassing 1.25%Crude was initially firmer given refiners shutting facilities due to the US weather; however, benchmarks came

Asian equity markets traded higher across the board as markets picked up from the holiday lullSome gains for regional bourses and US equity futures were later reversed after reports that China is mulling curbs on rare earth metals exports, targeting the US defense sectorBoJ's Kuroda stated that the

Asia-Pac equity markets began the week positively with sentiment underpinned as US equity futures extended to fresh record levelsThe UK reached its 15mln vaccination milestone while the 7-day average new infection cases in the US recently declined below 100k for the first time in more than 3 monthsI

European bourses are mixed but have recovered off earlier lows with US futures directionally similar but with magnitudes more modest; ES -0.2%DXY remains elevated but shy of recent levels as EUR/USD breaches 1.2100 and USD/JPY through 105.00 where hefty expiries lieItaly 5SM members voted to support

Asian equity markets were subdued in holiday-thinned trade and following a mixed lead from Wall StreetIn FX, the DXY attempted to recoup some lost ground, EUR/USD maintains 1.21 status, GBP/USD retreated below 1.38WTI crude futures retreated beneath USD 58.00/bbl and snapped an 8-day winning streak.

European bourses trade mixed as earnings take focus in the absence of fresh catalysts post-PowellUS President Biden and Chinese President Xi spoke for the first time since Biden came into officeUS senior administration official said the US will examine new targeted restrictions on sensitive tech exp

Asia-Pac lacked firm direction as risk appetite was sapped by holiday closures for many key markets in the region and following an uninspired handover from the USFed Chair Powell reiterated recent rhetoric and highlighted the labour market is a long-way from 'strong'; emphasising that we will probab

European bourses are contained with a slight positive bias while US futures post gains of circa 0.3%; earnings remain in focus but US CPI and Chair Powell dominate the schedule aheadThe session has been devoid of fresh macro drivers with mass APAC closures commencing from tomorrowChinese CPI and PPI

Asian equity indices mostly traded with cautious gains as participants digested a heavy slate of corporate earningsOvernight saw a lack of fresh macro drivers ahead of mass holiday closures beginning tomorrowChinese CPI and PPI missed estimates although still showed the first increase to producer pr

European indices remain subdued (Euro Stoxx 50 -0.3%) differing somewhat from the APAC handover; energy was the initial outperformer given updates from Total and the broader crude complex, albeit this has experienced a recent pull-backDetails of the US COVID stimulus plan revealed an extension of un

Asian equities were mostly positive after the stimulus-driven momentum on Wall St. which lifted all major US indices to fresh unprecedented levelsIn FX, the DXY extended its move below 91.00, EUR/USD ventured further above 1.2000 and GBP/USD traded at its best levels since 2018Details of the US COVI