The Premarket Movers & News by Newsquawk

European bourses are firmer but with divergence in the main benchmarks on account of Novo Nordisk slipping post-earnings, Stoxx 600 +1.1%Stateside, futures in the green with action choppy at times as we count down to key earnings incl. DIS; ES +1.1%DXY bid and above 103.00 but slightly off best, ups

APAC stocks continued their recent rebound but with some of the gains capped as markets digested mixed Chinese trade data.USD/JPY rallied to above the 147.00 level in an aggressive reaction to comments from BoJ Deputy Governor Uchida who said they won’t hike rates when markets are unstable and must

APAC markets found reprieve from Monday's pressure, a narrative which contained into Europe but has dissipated modestlyStateside, US futures modestly in the green as we look ahead to key earningsDXY managing to post modest intraday gains with pressure seen across G10 peers ex-AUD which leads after a

APAC stocks were mostly positive as the region rebounded from the recent market turmoil.Nikkei futures saw an upside circuit breaker triggered, while the Korea Exchange activated sidecars for the Kospi and Kosdaq after early surges.The RBA policy announcement provided no major surprises as it kept r

European bourses opened with marked downside, following the APAC pressure post-NFP with sentiment hit further by updates concerning Apple and Nvidia; US futures slump, ES -2.5% & NQ -4.0%APAC pressure was pronounced with circuit breakers triggered in Japan and South Korea; Nikkei 225, -12%, clos

APAC stocks mostly slumped following last Friday's continued sell-off on Wall St, while heightened tensions in the Middle East linger.MSCI Asia Pacific has wiped out all of 2024 YTD gains; Nikkei 225 fell over 12% and circuit breakers were triggered Japan and South Korea.US equity futures were press

Week Ahead 5th-9th August:MON: Canadian Market Holiday (Civic Day), Chinese Caixin Services PMI Final (Jul), UK/EZ/US Services & Composite PMI Final (Jul), US ISM Services PMI (Jul), EZ Producer Prices (Jun)TUE: RBA Announcement and SOMP, EIA Short-term Energy Outlook, EZ Retail Sales (Jun), Can

Week Ahead 5th-9th August:MON: Canadian Market Holiday (Civic Day), Chinese Caixin Services PMI Final (Jul), UK/EZ/US Services & Composite PMI Final (Jul), US ISM Services PMI (Jul), EZ Producer Prices (Jun)TUE: RBA Announcement and SOMP, EIA Short-term Energy Outlook, EZ Retail Sales (Jun), Can

European bourses/US futures under pressure with the ISM-induced downside exacerbated by tech pressure post-INTC (-21%)Chipmakers lower after a grim update from INTC, AMZN lower after earnings, AAPL modestly softerDXY pressured overall but with peers generally mixed-rangebound, EUR back above 1.08 wh

US stocks sold off in the wake of the disappointing US ISM Manufacturing PMI data which sparked a flight to quality; APAC followed suit with hefty losses in the region.Post-earnings, Apple (AAPL) rose 0.6%, Amazon (AMZN) fell 6.9%, and Intel (INTC) tumbled 18.9%; US equity futures remained on the ba

European bourses are lower across the board with a packed earnings slate dictating, stateside futures mixed post-FOMC and ahead of AAPL & AMZN; META +6%USD supported by pressure in GBP ahead of a potential BoE cut with EUR at lows as sentiment in the region deteriorates.Gilts lead fixed income p

FOMC kept rates unchanged at 5.25-5.50%, as expected, while it stated that inflation remains 'somewhat elevated' and the committee is attentive to the risks to both sides of its dual mandate. Fed Chair Powell said if the Fed sees inflation move down with expectations, growth remains reasonably

BoJ hiked and announced changes to its bond purchases; during but mainly post-Ueda marked JPY appreciation occurred with USD/JPY as low as 150.07Stocks in Europe opened mostly firmer as the optimism from Asia-Pac reverberated into Europe; US futures bid pre-FOMC; MSFT -3%, AMD +9%DXY lower on accoun

APAC stocks gained heading into month-end as participants digested a slew of data releases and the BoJ policy decision.BoJ hiked rates by 15bps and is to taper monthly bond purchases by JPY 400bln per quarter.Chinese manufacturing PMI remained in contractionary territory, core Australian CPI measure

A mostly firmer start to the session, Euro Stoxx 50 +0.5%, with sentiment on a better footing than APAC counterparts as earnings take the spotlight ahead of this week's risk events.Stateside, a modest positive bias remains in play into JOLTS and then earnings which include MSFT, AMD, MRK, PFE &

APAC stocks were mostly pressured following the mixed performance stateside as this week's major risk events drew closer.European equity futures indicate a rangebound open with Euro Stoxx 50 futures up 0.1% after the cash market finished with losses of 1.0% on Monday.DXY was directionless overnight,

A positive start for European bourses, following the APAC handover, quickly shifted into a more mixed picture as the broader risk tone became increasingly tepidUSD now broadly firmer vs. peers after a sluggish start to the session, GBP and EUR underpressure while JPY pares initial strengthFixed benc

APAC stocks traded mostly higher as the region resumed the momentum following last Friday's gains on Wall St.Israeli PM Netanyahu said Hezbollah will pay heavily for a rocket attack that killed children in the Golan Heights.European equity futures indicate a positive open with Euro Stoxx 50 futures

29th July-2nd August 2024MON: Chinese Industrial Profit (Jun)TUE: Japanese Unemployment Rate (Jun), Australian Building Approvals (Jun), Spanish Flash CPI (Jul), Swiss KoF (Jul), German GDP (Q2), Prelim. CPI (Jul), EZ Consumer Confidence Final (Jul), US JOLTS (Jun)WED: FOMC Announcement, BoJ Announc

European bourses are mostly higher as sentiment improves after the prior day’s hefty selling pressure; US futures entirely in the green, with clear outperformance in the RTYDollar is flat ahead of today’s US PCE, safe havens lag whilst the Antipodeans gain in a slight reversal from price action this

APAC stocks were mostly higher as risk sentiment in Asia improved with markets finding some composure following the recent sell-off and with some encouragement from stronger-than-expected US GDP data.Morgan Stanley commented to institutional clients on Thursday that computer-driven macro hedge fund

European bourses are entirely in the red after a slew of poor earnings; US equity futures are mixed and currently taking a breather from the prior day’s hefty lossesDollar is weaker vs safe haven currencies, whilst the high beta Antipodeans continue to lagBonds benefit from the risk-averse mood, Bun

APAC stocks were negative following the sell-off on Wall St where the S&P 500 and Nasdaq suffered their worst declines since late-2022.The PBoC surprised markets with a 20bps reduction to the 1yr MLF rate.European equity futures indicate a lower open with Euro Stoxx 50 futures down 0.5

Equities are entirely in the red, hampered by significant post-earning weakness in key companies; LVMH -3.5%, Google -3.2%, Tesla -7.4%Dollar is flat, safe haven pairs outperform, USD/JPY around 154.50, Antipodeans lagUSTs are flat, Bunds initially propped up on dire German/EZ PMI releases but are n

APAC stocks were mostly rangebound with a negative bias seen following the lacklustre handover from Wall Street after risk appetite was dampened by underwhelming earnings results.Alphabet (GOOG), Tesla (TSLA), and Visa (V) fell 2.2%, 7.8%, and 3.3% respectively post-earnings, whilst CAC futures slip