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European Market Open: US shutdown talks imminent. OPEC likely to increase quotas on 5th Oct.
APAC stocks eventually traded mostly firmer following the positive Wall Street performance on Friday, albeit participants remain cautious ahead of a risk-packed week that culminates with Friday’s US jobs report.US President Trump said he will discuss the looming government shutdown with congressiona
READ STORYWeek Ahead Preview: Highlights include US jobs data, ISM surveys, Eurozone inflation, RBA policy announcement
MON:TUE: RBA Announcement, BoJ Summary of Opinions, Japanese Retail Sales (Aug), Chinese Official and Caixin PMIs Final (Sep), UK GDP (Q2), French CPI Prelim (Sep), German CPI Prelim (Sep), EZ Sentiment Survey (Sep).WED: RBI Policy Announcement; Japanese Tankan (Q3), US, EZ & UK Final Manufactur
READ STORYUS Market Open: President Trump announces new tariffs on trucks, pharma and kitchen cabinets, USD lower into PCE
US President Trump announced 100% tariffs on Pharmaceuticals, 50% tariffs on all Kitchen Cabinets, Bathroom Vanities, and associated products, a 30% tariff on Upholstered Furniture, and a 25% tariff will be imposed on all “Heavy Trucks” made in other parts of the world.European bourses seemingl
READ STORYEuropean Opening News: Trump announces new tariffs on pharma, heavy trucks and kitchen cabinets
US President Trump announced 100% tariffs on Pharmaceuticals, 50% tariffs on all Kitchen Cabinets, Bathroom Vanities, and associated products, a 30% tariff on Upholstered Furniture, and a 25% tariff will be imposed on all “Heavy Trucks” made in other parts of the world.US President Trump signe
READ STORYUS Market Open: Tentative trade ahead of a busy US data slate and a slew of Fed speakers
US President Trump is to sign executive orders at 15:30 ET (20:30 BST) on Thursday; potentially on TikTokThe White House Budget Office instructed federal agencies to prepare workforce reduction plans for potential mass layoffs amid the threat of a government shutdown, according to Politico.European
READ STORYEurope Market Open: Trump expected to sign TikTok deal. White House preparing workforce plans amid threat of government shutdown
APAC stocks traded mixed for most of the session before eventually tilting modestly higher, following a softer Wall Street handover.US President Trump is expected to sign the TikTok deal on Thursday, according to Semafor, citing an official; US President Trump is to sign executive orders at 15:
READ STORYUS Market Open: US equity futures are mixed, USD gains, EUR is pressured on soft German Ifo
European bourses are modestly lower; US equity futures are incrementally firmer/flat.USD is attempting to atone for recent losses. EUR digests soft German Ifo.Fixed benchmarks are firmer; Bunds caught a bid on softer-than-expected German Ifo metrics.Crude briefly boosted by reports that Israel's arm
READ STORYEurope Market Open: No move to Fed speak, geopolitics in focus; Ifo & supply ahead
APAC stocks eventually traded mixed following the subdued lead from Wall Street; Japanese markets returned from holiday, Chinese markets were choppy before posting gains.Fed Chair Powell said that towards the next meeting, the Fed will look at labour market, growth data, and inflation data to assess
READ STORYUS Market Open: US equity futures are flat, awaiting Fed Chair Powell and Trump; GBP hit on PMIs
European bourses gradually climb higher and currently at peaks; US equity futures are flat awaiting Fed Chair Powell.GBP hit by soft PMI, Eurozone data showed diverging fortunes for manufacturing and services.USTs are essentially flat; Gilts modestly out-edge peers following disappointing flash PMI
READ STORYEurope Market Open: NVIDIA & OpenAI strategic partnership, PMIs & numerous speakers ahead
APAC stocks eventually traded mixed as the positive sentiment from Wall Street failed to sustain during APAC trade despite a lack of fresh catalysts. there was an absence of Japanese volume as participants were away due to the Autumnal Equinox holiday.OpenAI and NVIDIA announced a strategic partners
READ STORYUS Market Open: US equity futures are broadly lower into a slew of Fed speakers, XAU makes a fresh ATH
US lawmakers face a deadline of September 30th to pass a funding bill to avoid a government shutdown. Members of the Senate are not scheduled to return to Washington until September 29th, and House lawmakers are not due to return until October 7th, according to NBC.European and US equity futures are
READ STORYEurope Market Open: Mixed trade after the Trump-Xi call, lack of concrete progress cited
APAC stocks traded mixed after Chinese markets failed to benefit from the phone call between US President Trump and Chinese President Xi on Friday, with some citing a lack of concrete progress.US lawmakers face a deadline of September 30th to pass a funding bill to avoid a government shutdown. Membe
READ STORYWeek Ahead: Highlights include US PCE, SNB, Flash PMIs, Aussie and Tokyo CPI
MON: PBoC LPR, EZ Consumer Confidence Flash (Sep)TUE: Riksbank Announcement, EZ/UK/US Flash PMIs (Sep)WED: CNB Announcement, Australian CPI (Aug), German Ifo Survey (Sep)THU: SNB Announcement, Banxico Announcement, BoJ Minutes, PBoC MLF, German GfK Consumer Sentiment (Oct), US Durable Goods (Aug), U
READ STORYUS Market Open: USD gains whilst US equity futures are flat into Trump-Xi call; JPY benefits post-BoJ
BoJ kept rates unchanged at 0.50%, as expected, but surprised markets with the announcement to begin selling ETF and J-REIT holdings.European bourses are mostly higher whilst US equity futures are flat.USD extends its winning streak, GBP underperforms and is pressured by woeful borrowing data, which
READ STORYEuropean Market Open: BoJ surprised markets with ETF and J-REIT sales; Europe points to a flat open
BoJ kept rates unchanged at 0.50%, as expected, but surprised markets with the announcement to begin selling ETF and J-REIT holdings.US President Trump said he will be harsh if he has to ask Russian President Putin for a ceasefire, but it doesn't feel like the time to do so.US President Trump report
READ STORYUS Market Open: Stocks grind higher, DXY trims earlier gain, and bonds steady post-FOMC
European bourses are stronger today and trade just off highs; US equity futures also gain, with modest outperformance in the RTY.China drops Google (GOOG) antitrust probe during US trade talks, according to FTDXY trims some post-FOMC gains this morning; NZD plumbs the depths on GDP.Bonds are mixed i
READ STORYEuropean Market Open: FOMC statement and SEPs were dovish, Chair Powell’s presser was hawkish; European stocks point higher
Fed cut rates by 25bps to 4.00-4.25%, as expected, citing a shift in risk balance. Bowman and Waller joined consensus, calling for a 25bps reduction; new Governor Miran dissented, preferring a 50bps cut.Nine of the 19 Fed officials see two additional cuts in 2025, two see one cut, and six see no mor
READ STORYUS Market Open: Tentative price action across US equity futures ahead of the FOMC; China bans tech companies from buying NVIDIA AI chips
White House said it was further extending the TikTok enforcement delay, with the deadline to sell TikTok extended until December 16th.European bourses are mixed; NQ saw fleeting pressure on reports that China ordered tech firms to stop buying NVIDIA’s AI chips; NVIDIA -0.9% pre-market.USD is a touch
READ STORYEurope Market Open: Mixed APAC trade into the FOMC and Trump, DXY flat & fixed steady
APAC stocks traded mixed with global risk sentiment cautious ahead of the crucial FOMC policy decision.White House said it was further extending the TikTok enforcement delay, with the deadline to sell TikTok extended until December 16th.European equity futures indicate a positive cash market open wi
READ STORYUS Market Open: Fed nominee Miran and Governor Cook confirmed for the September meeting; DXY lower into Retail Sales
US Appeals Court declined to allow Trump to remove Federal Reserve Governor Cook; Cook can attend the FOMC's September 16th-17th meeting.US Senate voted 48-47 to confirm US President Trump's Fed nominee Miran to join the Fed board.European bourses opened flat but sentiment dipped a touch to display
READ STORYEuropean Market Open: Mild upward tilt in Europe following mixed APAC trade; Fed's Cook will attend the FOMC
APAC stocks traded mixed amid some cautiousness ahead of upcoming risk events and despite the fresh record levels on Wall St.US Appeals Court declined to allow Trump to remove Federal Reserve Governor Cook; Cook can attend the FOMC's September 16th-17th meeting.US Senate voted 48-47 to confirm US Pr
READ STORYUS Market Open: NVDA slips -2.3% as China said NVIDIA violated antitrust laws, crude gains after Trump is ready to impose sanctions on Russia
US and China day two talks are underway; overnight, FT reported that there has been a lack of progress, potentially reducing the odds of a Beijing summit. Recently, US Treasury Secretary Bessent said the US and China made good progress on technical details.Crude benchmarks are higher amid a softer U
READ STORYEurope Market Open: Europe points to a mildly firmer open in a week packed with central bank risk
APAC stocks traded mixed, with the region somewhat cautious as participants digested disappointing Chinese activity data.The lack of progress in US talks with China on tariffs and fentanyl is said to have reduced the chances of a Beijing summit, according to the FT.Fitch cut France’s sovereign ratin
READ STORYWeek Ahead: Highlights include FOMC, BoE, BoC, BoJ, US Retail Sales, UK Inflation, UK Jobs and China activity data
MON: Chinese Activity Data (Aug)TUE: UK Jobs Report (Jul), Italian CPI Final (Aug), EZ Industrial Production (Jul), German ZEW Survey (Sep), US Retail Sales (Aug) and Industrial Production (Aug), Canadian CPI (Aug)WED: FOMC Announcement, BoC Announcement, BCB Announcement, Bank of Indonesia Announce
READ STORYUS Market Open: US equity futures are modestly lower, DXY mildly gains whilst Gilts outperform post-GDP
US Treasury Secretary Bessent will meet with Chinese Vice Premier He and other senior Chinese officials next week in Madrid, while Bessent and He are to discuss key US-China national security, economic and trade issues.US equity futures are lower across the board, RTY lags. European bourses began ma
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