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US Market Open: DXY, USTs and US futures gain ground ahead of US jobs
European bourses trade flat/lower following the fallout of the dramatic Trump-Musk spat, but with traders setting their sights on the US jobs report.USD is slightly firmer in what has ultimately been a week of losses for DXY. EUR is trivially softer vs. the USD. JPY is the laggard across the majors.
READ STORYEurope Market Open: US Stocks finish lower ahead of NFP, with Trump-Xi call overshadowed by dramatic Musk-Trump bust-up
APAC stocks traded mixed following the subdued handover from the US amid a stunning online bust-up between US President Trump and Elon Musk.US President Trump said that trade talks with China have never been off track and straightened out the complexity.European equity futures indicate a slightly lo
READ STORYUS Market Open: DXY lacklustre & US equity futures firmer but off best ahead of the ECB, US data and Trump-Merz
US President Trump is to meet with German Chancellor Merz at 11:45EDT/16:45BST today.European bourses opened flat before climbing, which supported US futures, but are now off best.FX markets broadly contained as EUR awaits the upcoming ECB rate announcement.Bonds broadly trading near session highs,
READ STORYEurope Market Open: EUR and European Equities lacklustre ahead of ECB and Trump-Merz meeting
US President Trump is to meet with German Chancellor Merz at 11:45EDT/16:45BST today.US President Trump said the "debt limit should be entirely scrapped..."; separately, he banned travel from certain nationsAPAC trade was mixed, European futures point to a flat openDXY saw a slight reprieve, EUR/USD
READ STORYUS Market Open: Equities boosted by EZ PMIs & EU-US trade updates, USD flat into key US data
EU Trade Commissioner Sefcovic says he had constructive talks with USTR Greer; are advancing in the correct direction at "pace".US President Trump's order to increase steel and aluminium tariffs to 50% has taken effect, aside from the UK. The UK is still subject to 25% tariffs on steel, with the UK
READ STORYEurope Market Open: Stocks gain and DXY firmer after US data, Trump-Xi call expected Friday.
US President Trump is reportedly set to speak with Chinese President Xi on Friday, according to sources. It was also reported that White House Press Secretary said the Trump-Xi call will be held very soon.White House said the Wednesday trade offer deadline letter was authentic and they are on track
READ STORYUS Market Open: DXY is firmer ahead of JOLTS & Fed speak, EUR pressured post-HICP
The EU did not receive a US letter demanding best trade negotiations offers by Wednesday, according to Reuters sources.European bourses opened higher but tilted lower as the Dutch Government collapsed; US futures also in the red.USD attempts to claw back recent losses, EUR/USD digests soft inflation
READ STORYEurope Market Open: Positive APAC session capped by disappointing Caixin PMI, Eurostoxx +0.1%, ahead of EZ inflation data
APAC stocks traded mostly higher as the region took impetus from the rebound on Wall St; gains capped by disappointing Chinese Caixin Manufacturing data.US President Trump's administration wants countries' "best offer" by Wednesday in tariff talks, according to Reuters.White House Press Secretary sa
READ STORYUS Market Open: Stocks lower in reaction to Trump doubling steel tariffs, Crude soars post-OPEC+ ahead of US ISM Manufacturing & Powell
US President Trump said he will double US steel and aluminum tariffs from 25% to 50%, effective June 4th.US Treasury Secretary Bessent said China is holding back products essential to the industrial supply chain and he believes President Trump will talk to Chinese President Xi very soon, according t
READ STORYEurope Market Open: Cautious start to the week after Trump doubles steel & aluminium tariffs; Chinese PMIs mixed and Crude surges on OPEC
US President Trump said he will double US steel and aluminium tariffs from 25% to 50%, effective June 4th.US Treasury Secretary Bessent said China is holding back products essential to the industrial supply chain and he believes President Trump will talk to Chinese President Xi very soon, according
READ STORYWeek Ahead: Highlights include US NFP, ISM PMIs, ECB, BoC, EZ CPI, Canada Jobs, Swiss CPI and Aussie GDP
MON: Swiss GDP (Q1), EZ/UK/US Final Manufacturing PMI (May), US ISM Manufacturing PMI (May)TUE: RBA Minutes, South Korean Election, South Korean CPI (May), Swiss CPI (May), EZ Flash CPI (May), US Durable Goods (Apr)WED: BoC Announcement, Australian GDP (Q1), EZ/UK/US Final Services and Composite PMI
READ STORYUS Market Open: US equity futures in the red & USD gains ahead of PCE and Fed speak
US President Trump's advisers are considering a stopgap tariff regime if the court appeal against the tariff block fails, while the effort that the Trump administration is considering would allow tariffs of up to 15% for 100 days, according to WSJ.US Treasury Secretary Bessent said a couple of large
READ STORYEurope Market Open: Stocks reverse gains as Trump tariffs reinstated during appeal, DXY unreactive to Trump-Powell meeting
APAC stocks were subdued heading into month-end as participants digested a slew of data and amid trade uncertainty; Euro Stoxx 50 futures indicate a flat open.DXY little moved after US President Trump-Fed Chair Powell meeting, JPY benefits after mostly-firmer than expected Tokyo CPI.US appeals court
READ STORYUS Market Open: Sentiment boosted after NVIDIA results & CIT blocking Liberation Day tariffs
Stocks boosted after NVIDIA's earnings and after the Manhattan-based Court of International Trade blocked President Trump's Liberation Day tariffs.NVIDIA (NVDA) shares +6% pre-market following earnings which beat on top and bottom lines despite incurring a USD 4.5bln charge in Q1; Q2 revenue outlook
READ STORYEurope Market Open: Risk-on following NVIDIA beat & court tariff ruling
APAC stocks were mostly higher with sentiment underpinned following NVIDIA's earnings and after the Manhattan-based Court of International Trade blocked President Trump's Liberation Day tariffs.NVIDIA (NVDA) shares rose 4.9% after hours following earnings which beat on top and bottom lines despite i
READ STORYUS Market Open: USD steady & US equity futures lower awaiting NVIDIA & FOMC Minutes, NZD bid post-RBNZ
European bourses opened mixed but now in the red, US futures also lower ahead of NVIDIA results.USD is fractionally extending on Tuesday’s upside, Kiwi leads after RBNZ delivers a hawkish cut.40yr JGB auction weighs, awaiting US supply & FOMC Minutes.Energy markets await JMMC/OPEC+; Metals tread
READ STORYEurope Market Open: Firmer Wall St. handover, now awaiting NVIDIA metrics; JGBs hit by a mixed 40yr
APAC stocks mostly higher following the Wall St. strength, futures since off best awaiting NVIDIA earningsUS President Trump says Canada joining the Golden Dome is free if they are the 51st State, adding "They are considering the offer!"DXY continues to pick up, EUR/USD tests 1.13 to the downside &a
READ STORYUS Market Open: Stocks at highs, NQ +1.7% & DXY gains; reports suggest EU to focus on critical sectors in bid to avoid US tariffs
The EU set to focus on critical sectors in a bid to avoid US tariffs, according to Bloomberg sources.Stocks in the green and generally at session highs; NQ +1.7%.USD attempts to atone for recent losses, JPY weighed on by a pullback in domestic yields.Bonds bid and yields slump on MOF sources, Gilts
READ STORYEurope Market Open: European equity futures softer Monday’s quiet gains, DXY back above 99.00
APAC stocks traded mixed with price action contained amid a lack of major fresh catalysts and in the absence of a lead from Wall St.European equity futures indicate a slightly softer cash market open with Euro Stoxx 50 futures down 0.2% after the cash market finished with gains of 1.3% on Monda
READ STORYEurope Market Open: European equity futures firmer after Trump delays EU 50% tariff deadline to July 9th; DXY below 99 & antipodeans benefit
US President Trump announced a delay to the 50% tariff deadline on EU goods to July 9th.APAC stocks traded mixed as the initial uplift following Trump's announcement gradually waned.European equity futures indicate a higher cash market open with Euro Stoxx 50 futures up 1.6% after the cash market cl
READ STORYWeek Ahead: Highlights include Nvidia earnings, FOMC Minutes, US PCE, RBNZ, Australia CPI and OPEC JMMC
MON: US Holiday (Memorial Day), UK Holiday (Bank Holiday)TUE: NBH Policy Announcement; German GfK (Jun), French Prelim. CPI (May), EZ Consumer Confidence (May), US Durable Goods (Apr), Dallas Fed (May)WED: RBNZ Policy Announcement, FOMC Minutes (May), Riksbank Financial Stability Report, OPEC JMMC;
READ STORYUS Market Open: USD continues to slip while Bonds edge higher awaiting Fed speak; Trump is pushing the EU to cut tariffs or face extra duties
US President Trump is pushing the EU to cut tariffs or face extra duties with US negotiators to tell Brussels they expect unilateral concessions, according to FT.European and US equity futures are trading mixed and generally reside on either side of the unchanged mark.USD shunned once again after Th
READ STORYEurope Market Open: European equity futures higher, DXY lower; reports suggest Trump is pushing the EU to cut tariffs or face extra duties
APAC stocks were mostly in the green albeit with gains in the region capped following the indecisive performance stateside.US President Trump and Chinese President Xi have not spoken since the Geneva agreement, according to CNN.US President Trump is pushing the EU to cut tariffs or face extra duties
READ STORYUS Market Open: US equity futures gain alongside strength in USD/USTs as traders await US Budget updates
US President Trump's Tax/Spending bill is currently being debated in the US House (passed the Rules Committee overnight), the debate has formally hit the two-hour minimum as of the time of publication; vote time TBC.European stocks trade lower following the Wall Street and APAC losses; US equity fut
READ STORYEurope Market Open: House Rules Committee approved Trump's bill, it faces the floor next
APAC stocks were on the back foot following the sell-off on Wall St where stocks, treasuries and the dollar were pressured amid deficit concerns and a weak 20-year auction.US President Trump said he was feeling very good about the bill in Congress; US House Speaker Johnson said on Wednesday that the
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