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US Market Open: European equities gain, DXY stronger whilst JPY lags given the risk appetite
European equities are entirely in the green, attempting to pare back some of last week's hefty losses; Tech leads whilst Luxury lagsDollar is firmer while JPY lags after GDP revisions and risk appetite, with USD/JPY back above 143Bonds are entirely in the red and reside near session lows.Crude is on
READ STORYEurope Market Open: APAC stocks suffered firm losses as the region took its opportunity to react to NFP
APAC stocks suffered firm losses as the region took its opportunity to react to last Friday's disappointing US jobs data.Chinese data saw softer-than-expected CPI metrics and sharper PPI deflation.European equity futures are indicative of a positive cash open with the Euro Stoxx 50 future +0.4%
READ STORYWeek Ahead: Highlights include China CPI, US CPI/PPI, ECB rate decision; UK GDP & employment/wages
MON: Apple iPhone Event; Japanese GDP Revised (Q2),Chinese CPI (Aug), EZ Sentix Index (Sep), US Employment Trends (Aug)TUE: EIA STEO, OPEC MOMR; Australian Business Confidence (Aug), German Final CPI (Aug),UK Unemployment/Wages (Jul), Swedish GDP (Jul), Norwegian CPI (Aug), US NFIB (Aug), Chinese Tr
READ STORYUS Market Open: Equities are lower, JPY gains & DXY holds flat ahead of US NFP
Equities are lower across the board and now hold at lows ahead of the US NFP reportDollar is flat, JPY continues to advance amid the broader risk toneBonds are bid, USTs less-so as attention remains firmly on US unemployment dataCrude is flat in what has been a choppy session thus far, XAU is also l
READ STORYEurope Market Open: JPY edged higher in otherwise contained trade ahead of NFP
APAC stocks traded without a firm direction following a similar lead from Wall Street ahead of NFP; Hong Kong had Friday trade scrapped amid a typhoon signal.G10 currencies were largely flat but the JPY gradually edged higher in APAC trade while Antipodeans held a mild downward bias.European eq
READ STORYUS Market Open: Tentative price action ahead of today's US data deluge including ADP Employment & ISM Services
European equities are mixed; US futures trade tentatively on either side of the unchanged markDollar is slightly lower, JPY once again on a firmer footing, EUR saw modest strength on strong German Industrial OrdersUSTs are flat ahead of today’s US data deluge, Bunds edge lowerCrude is firmer, XAU be
READ STORYEurope Market Open: APAC stocks were mixed, JPY firmer and Bonds continue to edge higher
APAC stocks eventually traded mixed following the earlier mild regional gains, with the overall market tone tentative ahead of a slew of US data ahead of NFP on Friday.USD/JPY initially fell amid higher-than-expected Labour Cash Earnings; Yuan strengthened on the PBOC fixing; G10s were largely uneve
READ STORYUS Market Open: Equities continue to slip lower, DXY flat ahead of US JOLTS & JPY gains
Equities are entirely in the red, continuing the risk-off sentiment seen in the prior sessionDollar is flat ahead of US JOLTS Job Openings, haven currencies benefit from risk toneBonds are incrementally firmer, taking impetus from the subdued risk sentiment; EZ/UK PMIs had little impact on the compl
READ STORYEurope Market Open: Typical risk-off sentiment seen as APAC stocks slip overnight
US stocks slumped on return from the Labor Day weekend with the Nasdaq underperforming amid a pronounced weakness in the tech sector.The Tech losses were led by downside in chips, with AI-darling NVIDIA (NVDA) falling 9.5% in the first trading session of September, before shedding another 2.4% after
READ STORYUS Market Open: Subdued sentiment ahead of US ISM Manufacturing, JPY bid & Crude slips
Equities are entirely in the red, continuing the subdued risk tone seen in APAC trade overnightDollar is slightly firmer, JPY bid given the risk tone & Ueda documents, Antipodeans lagUSTs flat ahead of key US ISM Manufacturing PMI, Bunds slightly firmerCrude is significantly lower but with speci
READ STORYEurope Market Open: Subdued risk tone in APAC trade with JPY stronger whilst metals slip
APAC stocks eventually faltered and traded in the red across the board, albeit with losses somewhat limited amid cautious trade ahead of the US return.DXY remained in a tight range, JPY outperformed and Antipodeans lagged as risk tilted lower.China Commerce Ministry, in response to Canada's tariffs
READ STORYEurope Market Open: APAC stocks mostly lower, DXY flat and EUR unreactive to ECB sources
APAC stocks traded mostly lower despite the gains seen on Wall Street on Friday, with the mood in the APAC region dampened by the continued decline in Chinese NBS Manufacturing PMI ahead of key risk events including US NFP on Friday.DXY resided in a tight range, NZD lagged after last week’s strong p
READ STORYWeek Ahead: Highlights include US NFP & ISMs; BoC rate decision, Canada jobs; Australian GDP and Swiss CPI
MON: US & Canada (Labor Day), EZ & UK Final Manufacturing PMIs (Aug), Chinese Caixin Manufacturing PMI Final (Aug)TUE: Swiss CPI (Aug), Swiss GDP (Q2), Turkish CPI (Aug), US ISM Manufacturing PMI (Aug), Final Manufacturing PMI (Aug)WED: BoC & NBP Policy Announcements; Australian GDP (Q2)
READ STORYUS Market Open: Equities gain whilst DXY & USTs hold flat ahead of US PCE; EZ-HICP cooled as expected, but Services rises
Equities are trading on the front foot; NVDA +1.6% pre-marketDXY is flat, EUR unfazed by a slight pick up in Services inflationBonds are incrementally firmer, Bunds climbed above 134.00 into the EZ-inflation metrics, but were unmoved by the releaseCrude holds a modest upward bias, XAU around flat wh
READ STORYEurope Market Open: APAC stocks firmer into US PCE, JPY incrementally outperforms
APAC stocks traded higher across the board despite a lack of fresh catalysts following a mixed lead from Wall Street, and ahead of US PCE and the US long weekend.DXY traded within a very narrow range, EUR and GBP were uneventful, while JPY held a firmer bias after the Tokyo CPI surprisingly ticked h
READ STORYUS Market Open: NVDA -1.8% pre-market, USD gains & EUR hampered by German State CPIs
European bourses edge higher with Tech leading; US futures are slightly higher, NVDA -1.5% pre-market vs -4.9% after-hoursDollar is firmer, Antipodeans outperform given the risk-tone whilst EUR is hampered post-German State CPIsBonds have been lifted after the cool German State CPIs vs mainland expe
READ STORYEurope Market Open: NVDA -6.9% after-market, European futures indicate a softer open
APAC stocks traded with modest losses across the board following the weak lead from Wall Street and in the aftermath of NVIDIA's ill-received earnings.NVIDIA settled -6.9 % after-market despite solid earnings and a USD 50bln share buyback, some suggested disappointment as metrics fell short of the h
READ STORYUS Market Open: Equities edge higher, USD gains & AUD fares better post-CPI; focus today is on NVDA earnings
European bourses are generally firmer, US futures flat/firmer but NQ leads ahead of NVDA earnings after-hoursDollar is firmer, AUD fares best post-CPI & EUR underperformsBonds are incrementally firmer awaiting impetus from Fed speak and US 5yr supplyCrude continues to slip, XAU and base metals h
READ STORYEurope Market Open: Softer trade in tight ranges ahead of NVDA, geopols remain in focus
APAC stocks traded subdued but mostly within tight ranges following a mixed lead on Wall Street ahead of NVIDIA earnings.DXY ticked higher during the back end of the APAC session, USD/JPY gradually rose, AUD/USD saw upside on hotter-than-expected Aussie CPI.The Israeli army launched a large-scale op
READ STORYUS Market Open: Equities gain, DXY flat & GBP bid whilst crude is on the backfoot
Equities are modestly firmer across the board, despite a mostly lower APAC session overnightDollar is flat, GBP outperforms with Cable back above 1.32, JPY is lowerBonds hold a bearish bias, with Bunds unreactive to the poor German GDP/GfK metricsCrude is on the back foot, XAU is slightly softer and
READ STORYEurope Market Open: Tech lagged ahead of NVDA on Wednesday, DXY rangebound & JPY softer
APAC stocks traded mostly lower in quiet newsflow following a mixed lead from Wall Street, which saw the tech sector lag ahead of NVIDIA earnings on Wednesday.DXY traded in a tight range with a mild upward bias. JPY lagged on yield differentials whilst EUR and GBP were flat and Antipodeans rebounded
READ STORYUS Market Open: Geopols in focus with macro newsflow elsewhere light into a busy week
Modest downside for European bourses while US futures pick up into a week headlined by NVDA & PCEWeekend newsflow dominated by geopols; as it stands, we are awaiting any fresh details from Hezbollah and/or Israel on their next stepsAction which has underpinned crude, haven-FX and XAU. USTs large
READ STORYEurope Market Open: Hezbollah and Israel escalation in focus, Cairo talks ended
APAC stocks kicked off the week mixed following the state-side gains on Wall Street after Fed Chair Powell's dovish pivot, whilst the weekend was packed with geopolitics.Lebanon's Hezbollah launched hundreds of rockets and drones at Israel early on Sunday. Israel's military said it struck Lebanon wi
READ STORYWeek Ahead August 26-30th: Highlights include US PCE, UoM, Global CPI's, and NVDA earnings
MON: UK Market Holiday (Bank Holiday), German Ifo (Aug)TUE: CBRT Minutes, Chinese Industrial Profit (Jul), German GfK Consumer Sentiment (Sep)WED: Australian CPI (Jul), Nvidia (NVDA) Earnings (Q2)THU: Spanish Flash CPI (Aug), German State CPIs (Aug), EZ Sentiment Survey (Aug), US GDP (2nd) and PCE (
READ STORYUS Market Open: Equities gain whilst DXY & Bonds hold flat ahead of Fed Chair Powell
European bourses are modestly firmer, whilst US futures gain to a slightly higher degreeDollar is flat, Antipodeans leads, JPY initially propped up by BoJ Governor Ueda, but has since paredBonds are in a holding pattern ahead of Fed Chair PowellCrude is firmer and near session highs, XAU gains but i
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