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Newsquawk Week Ahead - 16-20th Dec: Highlights include FOMC, BoJ, BoE, PBoC LPR, PMI data, US PCE and Retail Sales
MON: Chinese Industrial Output, Retail Sales & House Prices (Nov), German WPI (Nov), EZ Wages (Q3),EZ, UK & US Flash PMIs (Dec), NY Fed Manufacturing (Dec)TUE: UK Unemployment Rate (Oct), German Ifo (Dec), EZ Trade Balance (Oct),German ZEW (Dec), US Retail Sales (Nov), Industrial Production
READ STORYUS Market Open: Risk sentiment improves with havens on the backfoot, DXY around 107.00
European bourses and US futures are generally firmer with specifics light, diverging from soft APAC trade; AVGO +15%.DXY trades around 107.00, GBP hit by soft GDP, JPY lags.Fixed benchmarks in the red post-ECB and ahead of a blockbuster week.Commodities contained, focus remains on geopols after Russ
READ STORYEurope Market Open: APAC stocks traded lower as sentiment was hit following the Chinese Economic Work Conference
APAC stocks traded lower across the board following a similar session on Wall Street, whilst sentiment was also hit after the Chinese Economic Work ConferenceES and NQ traded with gains overnight as SPX and NDX constituent Broadcom (AVGO) surged 14% post-earningsDXY held an upward bias and extended
READ STORYUS Market Open: SNB surprise with a 50bps cut, Euro steady ahead of ECB
European bourses are mixed into the ECB, SMI outperforms post-SNB. US futures are modestly softer.SNB delivered a larger-than-expected 50bps cut and reiterated a willingness to intervene in the FX market as necessary.USD steady with peers and for the most part contained aside from CHF underperforman
READ STORYEurope Market Open: APAC stocks trade higher, European futures flat ahead of the ECB
APAC stocks eventually mimicked the sentiment on Wall Street and traded mostly higher following a slow start to the session and despite a lack of macro news flow.DXY was flat whilst JPY saw mild strength and AUD was boosted by a strong Aussie jobs report after a dovish RBA.US President-elect Trump h
READ STORYUS Market Open: DXY bid on reports that China is considering allowing the Yuan to weaken in 2025; US CPI due
European bourses began the session entirely in the red, but sentiment has improved to display a mixed picture; NQ incrementally outperforms in the US.Dollar bid as markets digest reports of China allowing a weaker yuan, JPY choppy amid BoJ sources.China's top policymakers are considering allowing th
READ STORYEurope Market Open: Mixed trade in APAC as participants bide time ahead of US CPI
APAC stocks traded mixed following a soft US handover, although Chinese markets continued to benefit from the easing in China's overall monetary policy stance.DXY and UST futures were flat within a tight range as traders look towards the US CPI release ahead of next week's FOMC meeting.Crude futures
READ STORYUS Market Open: European equities tilt lower, USD gains & AUD lags after RBA's dovish hold
European bourses are mostly on the backfoot; US futures trade indecisively around the unchanged mark.USD outmuscles peers, AUD lags after the RBA delivered a dovish hold.Choppy trade for European paper, US awaits 3yr supply.Crude edges slightly lower and base metals pare back recent strength.Looking
READ STORYEurope Market Open: APAC stocks mostly higher after China's Politburo, RBA delivers a dovish hold
APAC stocks were mostly firmer following a negative Wall Street lead but with APAC players reacting to China easing its overall monetary policy stance.G10 FX was mostly flat, whilst the AUD was hit on a dovish hold by the RBA, Yuan saw gains.RBA maintained its cash rate at 4.35% as expected and sugg
READ STORYUS Market Open: China’s Politburo sparks risk-on sentiment, but gains in equities have faded
European bourses initially gained, taking impetus from positive commentary via the Chinese Politburo; upside which has since faded. US equity futures are mixed.China's Politburo says next year must seek progress while maintaining stability; China's fiscal policy to be more proactive next year. Monet
READ STORYEurope Market Open: APAC mostly subdued on Middle East and South Korean uncertainty
APAC stocks were mixed for a bulk of the session before eventually trading mostly lower, with South Korean stocks underperforming amid more political angst.US President-elect Trump said he cannot guarantee Americans will not pay more as a result of tariffs, according to NBC's Meet the Press.Syrian r
READ STORYNewsquawk Week Ahead: Highlights include: US and China inflation, rate decisions from ECB, RBA, BoC, SNB
MON: Eurogroup Meeting; Chinese CPI & PPI (Nov), EZ Sentix (Dec), US Employment Trends (Nov)TUE: RBA Policy Announcement, EIA STEO; German Final CPI (Nov), Norwegian CPI (Nov), US NFIB (Nov), Chinese Trade Balance (Nov), Chinese Central Economic Work ConferenceWED: BoC & BCB Policy Announcem
READ STORYUS Market Open: Stocks steady ahead of upcoming US jobs print
European stocks are mixed and US futures trade sideways amidst a lack of fresh pertinent catalysts in the run-up to the US jobs report.USD is a touch firmer vs. most peers in the run-up to today's NFP print, EUR's rally vs. the USD has paused for breath, JPY and Antipodeans are softer.USTs are a tou
READ STORYEurope Market Open: APAC traded mixed with cautiousness ahead of US jobs data
APAC stocks were mixed with some cautiousness in the region after the weak lead from Wall St and ahead of the key US jobs data.European equity futures are indicative of a negative cash open with the Euro Stoxx 50 future -0.3% after the cash market closed higher by 0.7% on Thursday.DXY is a touch fir
READ STORYUS Market Open: Bitcoin pushes past 100k & USD remains on the backfoot
European bourses opened flat but started grinding higher shortly after the open despite relatively quiet newsflow; France's CAC 40 shrugged off the vote of no confidence which played out as expected.USD remains on the backfoot vs. peers following yesterday's ISM-induced move in yields; EUR on a firm
READ STORYEurope Market Open: French PM Barnier loses confidence vote, Bitcoin climbs past $100,000 following SEC nomination
APAC stocks traded mixed and partially sustained the momentum from the fresh record levels on Wall St where tech led the advances; European equity futures are indicative of a flat/subdued cash open.Fed Chair Powell said they are on a path to more neutral rates over time and though downside risks are
READ STORYUS Market Open: US futures tilt higher ahead of Powell & European paper awaits French no confidence vote
European bourses are mostly trading in positive territory; US futures tilt higher ahead of Powell and a busy data slate.USD is broadly firmer vs. peers, AUD lags post-GDP, and GBP was weighed on by commentary from BoE’s Bailey who said he sees four 25bps cuts in 2025; a move which has since pared.Eu
READ STORYEurope Market Open: APAC stocks subdued, South Korea underperformed after the martial law declaration and backtrack
APAC stocks were mostly subdued with underperformance in South Korea following the martial law declaration and backtrack.South Korean President Yoon announced on Tuesday the lifting of martial law after parliament voted to block it.European equity futures are indicative of a quiet cash open with the
READ STORYEurope Market Open: APAC stocks subdued, South Korea underperformed after the martial law declaration and backtrack
The Newsquawk Europe Market Open, available on Capital.com
READ STORYUS Market Open: US yield curve steepens and Dollar is broadly softer ahead of JOLTS and Fed speak, OATs await Wednesday's confidence vote
European bourses are entirely in the green; US futures are essentially flat ahead of US JOLTS and Fed speak.USD is broadly softer vs. peers, EUR/USD reclaims 1.05.US yield curve steepens ahead of JOLTS, OATs await Wednesday's confidence voteCrude climbs higher, base metals benefit from the risk tone
READ STORYEurope Market Open: APAC stocks mostly green as the region took impetus from the fresh record highs in the S&P 500 and Nasdaq
APAC stocks were mostly positive as the region took impetus from the fresh record highs in the S&P 500 and the Nasdaq.Fed's Waller said he leans toward supporting a cut in December, Bostic said December decision is not preordained.European equity futures are indicative of a positive cash open wi
READ STORYUS Market Open: USD bid amid further tariff threats ahead of ISM Manufacturing, OATs in focus as the French gov't awaits Le Pen's decision
European bourses began the session in negative territory, but sentiment quickly improved to show a mostly positive picture in Europe; US futures modestly lower.Dollar is propped up by further Trump tariff threats, EUR dragged by political uncertainty and tests 1.05 to the downside.OATs in focus as t
READ STORYNewsquawk Week Ahead: Highlights include US NFP and ISM PMIs, OPEC+, Canada jobs, Swiss CPI and Australia GDP
SAT: Chinese NBS PMISMON: Chinese Caixin Final Manufacturing PMI (Nov), EZ, UK & US Final Manufacturing PMI (Nov), US ISM Manufacturing PMI (Nov), Construction Spending (Oct)TUE: Swiss CPI (Nov), US JOLTS (Oct)WED: NBP Policy Announcement; Australian Real GDP (Q3), China Caixin Services PMI (Nov
READ STORYUS Market Open: USD knocked by a stronger JPY, EUR unreactive to Flash HICP
European bourses near unchanged while US futures are modestly firmer post-ThanksgivingUSD knocked by a stronger JPY. EUR unreactive to Flash HICPFixed benchmarks in the green, OATs in focus awaiting a Le Pen decisionCrude diverges given the lack of settlement but benchmarks are at the lower-end of c
READ STORYEurope Market Open: APAC mixed & European futures contained in the absence of a Wall St handover
APAC stocks traded mixed albeit with a slightly positive bias in the absence of a lead from Wall Street.Tokyo CPI data, seen as a leading indicator of nationwide price trends, supports the case for the BoJ to resume rate hikes next month.USD is softer vs. peers with JPY leading on account of T
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