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25 Sep 2024 · 05:47

Europe Market Open: APAC stocks positive as China rallies following stimulus boost

APAC stocks were mostly positive as Chinese markets continued to rally following the stimulus boost.Australian monthly CPI matched estimates and slowed to a 3-year low, although core inflation remained above the 2%-3% target.European equity futures are indicative of a lower cash open with the Euro S

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24 Sep 2024 · 10:17

US Market Open: Sentiment lifted after China’s flurry of stimulus efforts

European bourses are entirely in the green, with US futures also modestly firmer with sentiment lifted after China’s flurry of stimulus effortsPBoC Governor Pan announced to cut RRR by 50bps which will provide CNY 1tln worth of long-term capital and cut the 7-day reverse repo rate by 20bps to 1.50%,

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24 Sep 2024 · 05:54

Europe Market Open: Futures point to a firmer open, RBA holds while PBoC unveil stimulus

APAC stocks traded mostly higher following gains on Wall St. and China's various stimulus measures.PBoC cut the RRR and 7-day reverse repo rate, whilst also announcing measures for the property sector and stock market.RBA kept its Cash Rate Target unchanged at 4.35%, as expected, while it reiterated

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23 Sep 2024 · 10:10

US Market Open: USD and fixed bolstered by PMIs, US data & Fed speak ahead

European equities are mixed/modestly firmer, a theme which is also seen across US futuresDollar is firmer, benefiting from losses in the EUR after particularly poor French/German PMI metrics, AUD bid ahead of the RBA on TuesdayUSTs remain steady ahead of its own PMI release, Bunds were lifted after

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23 Sep 2024 · 05:47

Europe Market Open: Futures point to a firmer open, AUD outperforms; Flash PMIs ahead

APAC stocks were mostly positive albeit with gains capped amid a lack of fresh macro drivers.Israel Defence Forces said during the weekend that it struck Hezbollah targets in Lebanon; added that strikes would continue and intensify.European equity futures are indicative of a positive cash open with

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20 Sep 2024 · 12:34

Newsquawk Week Ahead: Highlights include US PCE, Global PMIs, RBA, SNB, Australian and Tokyo CPI

MON: Market Holiday: Japan (Autumnal Equinox); EZ, UK & US Flash PMIs (Sep), US National Activity Index (Aug)TUE: RBA Policy Announcement; German Ifo (Sep), US Consumer Confidence (Sep), Richmond Fed (Sep)WED: Riksbank & CNB Policy Announcements; Australian CPI (Aug), US Building Permits Rev

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20 Sep 2024 · 10:23

US Market Open: JPY hit and fixed bid after Ueda, XAU at highs; Fed speak due

European bourses are entirely in the red, with the DAX 40 slightly underperforming as Mercedes Benz cuts guidance; US futures are modestly lowerDollar is flat, JPY underperforms after the BoJ kept rates unchanged (as expected), but with Ueda striking a dovish tone at his press conferenceBonds are sl

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20 Sep 2024 · 05:55

European Market Open: S&P & Dow hit record highs; BoJ holds rates and European futures point to a softer open

APAC stocks mostly gained following the rally stateside where the S&P 500 and the Dow surged to fresh record highs as the dust settled after the Fed over-delivered in its first rate cut in four years and US data topped forecasts.BoJ kept its short-term policy rate unchanged at 0.25%, as expected

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19 Sep 2024 · 10:32

US Market Open: US futures bid, USD pressured and fixed flat; BoE due before US data

European equities opened on a very strong footing and remain at elevated levels; US futures are bid, with the RTY outperforming post-FedDollar continues to sink, the typical haven currencies JPY & CHF lags, whilst Antipodeans outperform; the AUD also benefits from the region’s jobs reportBonds a

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19 Sep 2024 · 06:01

Europe Market Open: Fed cut by 50bps though Powell kept his options open on the future pace, BoE ahead

The Fed delivered a 50bps rate cut and the dot plot suggested a further 50bps of reductions this year.US indices finished marginally lower and yields higher with Powell stating that markets should not assume 50bps is the new pace.European equity futures are indicative of a positive cash open wi

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18 Sep 2024 · 10:34

US Market Open: USD softer with fixed pressured pre-FOMC, US futures slightly firmer

European bourses are slightly lower whilst US futures see very modest gains ahead of the FOMC announcementDollar is slightly softer, Kiwi outperforms, with JPY also strongerBonds are at lows, Gilts underperform following the region’s UK inflation report which saw Services & Core Y/Y print above

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18 Sep 2024 · 05:55

Europe Market Open: APAC stocks steady, European equity futures softer & JPY outperforms pre-Fed

APAC stocks were mostly rangebound with participants lacking conviction heading into the crucial Fed policy decision.European equity futures are indicative of a softer cash open with the Euro Stoxx 50 future -0.2% after the cash market closed higher by 0.7% on Tuesday.DXY is lingering below the 101

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17 Sep 2024 · 10:12

US Market Open: DXY flat but USTs firmer, Timiraos in focus into US data

European equities are firmer across the board, with Retail outperforming; US futures gain, the NQ outperforms attempting to pare back the prior day’s lossesDollar is flat, EUR edged off best levels in reaction to poor ZEW dataBonds are firmer as markets digest another Timiraos piece, which further h

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17 Sep 2024 · 05:58

European Market Open: Mostly positive trade, as participants continue to second-guess the Fed

APAC stocks were mostly positive but with gains capped as participants continued to second-guess the magnitude of the looming Fed rate cut, while markets in Mainland China, Taiwan and South Korea remained closed for holidays.Money markets now price in a 67% probability of a 50bps Fed rate cut on Wed

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16 Sep 2024 · 10:25

US Market Open: Equities are mixed, USD pressured as the odds of 50bps tick up

European equities are mixed/flat, US equity futures edge slightly higher, though the RTY +0.8% outperformsDollar continues to edge lower as markets weigh up the magnitude of the looming Fed cut, G10s gain vs the Dollar, USD/JPY slips below 140After last week's late dovish Fed repricing, odds of a 50

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16 Sep 2024 · 05:40

Europe Market Open: Mixed trade with Chinese data in focus into a packed week incl. FOMC & BoJ

APAC stocks were mixed amid the holiday-thinned conditions and as participants braced for this week's central bank announcements including from the FOMC, BoE and BoJ.Chinese house prices further deteriorated, while the latest Chinese Industrial Production and Retail Sales also disappointed.After las

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13 Sep 2024 · 12:22

Newsquawk Week Ahead: Highlights include FOMC, BoJ, BoE, US & UK Retail Sales, UK, Canada & Japan CPI, Australian jobs and New Zealand GDP

SAT: China Activity Data (Aug)MON: N/ATUE: EZ/German ZEW (Sep), US Retail Sales (Aug), Canadian CPI (Aug), US Industrial Production & Manufacturing Output (Aug), Business Inventories (Jul), NAHB Housing Index (Sep)WED: FOMC & BCB Policy Announcements; Japanese Trade Balance (Aug), UK CPI (Au

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13 Sep 2024 · 10:27

US Market Open: European bourses generally firmer, DXY slips amid heightened dovish repricing bets which is benefitting bonds; UoM Prelims due

European bourses are generally firmer; US equity futures remain steady and hold on to the prior day’s gains.Dollar is slightly lower amid a dovish repricing of Fed rate cut bets, and JPY outperforms as USD/JPY slips to a 140 handle.Bonds are generally firmer; Bunds trade around the 135.00 mark.Crude

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13 Sep 2024 · 06:05

Europe market open: APAC stocks were ultimately mixed, USD/JPY fell under 141.00, catalysts were light overnight

APAC stocks were ultimately mixed and initially took their cues from the gains in the US, but with upside capped by a lack of fresh drivers ahead of a long weekend.ECB officials have not ruled out a rate cut at the October meeting, according to Bloomberg sources, while Reuters sources suggested an E

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12 Sep 2024 · 10:29

US Market Open: Risk-on mood as stocks/crude gains, DXY is flat & Bunds slip ahead of the ECB; US PPI / IJC due

European bourses are entirely in the green with the region taking impetus from the prior day’s strength seen on Wall Street; US futures are modestly firmer.Dollar is flat ahead of US PPI/IJC, JPY & CHF are subdued amid their haven statuses in risk-on trade.Bonds are modestly lower giving back so

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12 Sep 2024 · 05:39

Europe Market Open: APAC stocks gained as the region took impetus from the post-CPI tech-led rebound stateside.

APAC stocks gained as the region took impetus from the post-CPI tech-led rebound stateside.DXY traded little changed, JPY saw brief support from hawkish comments from BoJ’s Tamura; EUR awaits the ECB.Goldman Sachs CEO Solomon said he sees 2 or maybe 3 Fed rate cuts, while he added that they could se

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11 Sep 2024 · 10:17

US Market Open: US equity futures lower & DXY subdued following the US Presidential Debate ahead of US CPI

European bourses are mixed having initially opened with a clear positive bias; US equity futures are entirely in the red ahead of CPI.Dollar is softer as markets digest the Presidential Debate; CNN opinion polls suggest that 63% of voters thought candidate Harris won the debate; gains in JPY overnig

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11 Sep 2024 · 05:33

Europe Market Open: APAC stocks traded cautiously after the two-way price action stateside and as participants await US CPI data

APAC stocks traded cautiously after the two-way price action stateside and as participants await US CPI data.BoJ's Nakagawa said that the central bank is likely to adjust the degree of monetary easing if the economy and prices move in line with its projection.European equity futures are indicative o

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10 Sep 2024 · 10:25

US Market Open: European equities are mixed whilst US futures tilt lower, DXY is flat & GBP benefits post-jobs data

European equities are mixed, with initial early-morning strength trimmed; US equity futures are modestly in the red with slight underperformance in the NQ following an Apple tax order.Apple (AAPL) has lost the fight against the EUR 13bln EU tax order to Ireland, according to Reuters; Apple said EU r

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10 Sep 2024 · 05:53

Europe Market Open: APAC stocks mostly took impetus from the gains on Wall St where the major indices rebounded; Chinese trade data mixed; Europe indicated flat

APAC stocks mostly took impetus from the gains on Wall St where the major indices rebounded (S&P 500 +1.2%)Chinese trade data in USD terms was mixed; larger surplus than expected, exports beat, imports missedEuropean equity futures are indicative of a flat open with the Euro Stoxx 50 future

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