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US Market Open: US equity futures in the green & Treasuries softer, but relatively contained post-FOMC, JPY underperforms
European equities are mixed while US equity futures are entirely in the greenDollar is flat, CHF bid after hotter inflation metrics, USD/JPY higher and at 155.20USTs softer but relatively contained in the fall-out of the FOMC; Bunds are higher and playing catch upCrude is incrementally firmer, XAU i
READ STORYEurope Market Open: Fed noted a lack of progress on inflation; marked USD/JPY moves
Fed kept rates unchanged, noted a lack of progress on inflation and decided to slow the pace of its balance sheet runoff.US Stocks ended the session softer despite an initial dovish reaction, US yield curve bull-steepened.European equity futures indicate a lacklustre open with the Euro Stoxx 50
READ STORYUS Market Open: US equity futures in the red, USD flat ahead of key US data & FOMC, Crude sinks lower
European bourses are closed for Labour Day, with the exception of the UK’s FTSE 100, which is incrementally firmer; US equity futures are entirely in the redDollar is flat with G10 peers also holding pattern awaiting a slew of US data and the FOMCUSTs are unchanged ahead of today’s key events, with
READ STORYEurope Market Open: Mass holiday closures limiting action, FOMC ahead
NOTE: All major European markets (ex-UK) are closed for Labour Day.APAC stocks took their cues from the losses on Wall St and with trade mired by mass holiday closures.DXY is rangebound on a 106 handle, EUR/USD sits just above 1.0650, USD/JPY edged closer to 158.00.Amazon beat on top and bottom line
READ STORYUS Market Open: Equities modestly lower, Bunds hampered by EZ data & DXY is flat; US ECI & AMZN due
European bourses are mixed, though have tilted lower as the session progressed; US equity futures modestly softerDXY is flat, EUR benefits from strong EZ GDP metrics, USD/JPY firmer and just shy of 157.00Bonds are lower, dragged down by French/German and finally EZ figuresCrude is incrementally firm
READ STORYEurope Market Open: Equity strength capped into month-end, data and earnings; mixed Chinese PMIs
APAC stocks were mostly higher but with gains capped heading into month-end alongside a slew of data and earnings.Official Chinese NBS Manufacturing and Caixin Manufacturing PMIs topped forecasts but Non-Manufacturing PMI disappointed.European equity futures indicate a flat open with the Euro Stoxx
READ STORYUS Market Open: US equity futures modestly firmer, JPY bid amid suspected intervention, Bonds benefit from Spanish/German CPIs
European bourses were initially firmer, though have since dipped lower; US futures remain modestly in the greenDollar is softer amid hefty USD/JPY selling; the pair rose to 160.00 before sharp downticks with intervention suspectedBonds are firmer benefiting from dovish Spanish/German inflation metri
READ STORYEurope Market Open: USD/JPY breached 160.00 before paring back to near 155.00
APAC stocks began the week on the front foot after the tech-led surge last Friday on Wall St; Japan was on holiday.European equity futures indicate a positive open with the Euro Stoxx 50 future +0.4% after the cash market closed up 1.4% on Friday.USD/JPY saw volatile trade in which it initially surg
READ STORYWeek Ahead Preview: Highlights include FOMC, NFP, ISM, and PMI data
MON: Spanish Flash CPI (Apr), German Prelim CPI (Apr), EZ Sentiment Survey (Apr); Japan Market Holiday (Showa Day).TUE: FOMC Meeting Commences (Announcement on 1st May), Japanese Retail Sales/Industrial Output (Mar), Chinese NBS PMIs (Apr), Chinese Caixin Manufacturing Final PMI (Apr), French Flash
READ STORYUS Market Open: Strong Big Tech earnings prop up equities, JPY lower post-BoJ & Dollar flat ahead of US PCE
Equities are firmer, benefiting from strong Big Tech earnings; Google (+11.7%), Microsoft (+3.6%)Dollar is flat, USD/JPY moved lower in quick succession before paring back, Aussie outperforms given the risk tone and higher metal pricesBonds are modestly firmer, though very much contained ahead of US
READ STORYEurope Market Open: APAC stocks were mostly higher as the region digested recent market themes and the BoJ's dovish policy announcement.
APAC stocks were mostly higher as the region digested recent market themes and the BoJ policy announcement.The BoJ kept policy settings unchanged and refrained from any major hawkish surprises.Tech earnings from Alphabet (+11.5%) and Microsoft (+4.3%) topped forecasts and boosted futures after-
READ STORYUS Market Open: NQ dragged lower by Meta (-13%) post-earnings, DXY softer & Antipodeans benefit from metals prices
European bourses are mostly lower, US equities are mixed, with the NQ underperforming after Meta (-13.1%) resultsDollar is lower, Antipodeans benefit from higher metals prices, JPY is softer holding above 155.50 against the USDBonds are rangebound awaiting impetus from Tier 1 data later todayCrude i
READ STORYEurope Market Open: APAC stocks were mostly subdued after the uninspiring handover from the US; Meta shares dropped over 15% post-earnings
APAC stocks were mostly subdued after the uninspiring handover from the US; Australia and New Zealand markets were closed for ANZAC Day.US equity futures were pressured with underperformance in Nasdaq 100 after Meta shares dropped over 15% post-earnings.European equity futures indicate a slightly so
READ STORYUS Market Open: NQ outperforms, benefiting from gains in TSLA, USD firmer & AUD bid post-CPI, Bonds at lows
European bourses are mostly firmer; NQ outperforms, propped up by gains in Tech names – TSLA +10.5% pre-market, TXN +7.3%Dollar is firmer, AUD benefits from the risk tone and on hotter Aussie CPI, USD/JPY printed a high of 154.96USTs are pressured, giving back some of the PMI-induced gains; Bunds fo
READ STORYEurope Market Open: APAC stocks gained as the region took impetus from the rally on Wall St; European equity futures indicate a higher open
APAC stocks gained as the region took impetus from the rally on Wall St where soft PMI data spurred a dovish reaction across asset classes.Tesla shares were up 13% post-earnings despite its results falling short of estimates as the Co. flagged a sooner launch of new and more affordable models.DXY ho
READ STORYUS Market Open: US equity futures tentative ahead of a busy earnings slate, Bonds flat but were pressured post EZ PMIs, XAU dips; US PMIs due
European equities are entirely in the green; US equity futures trade modestly on either side of the unchanged mark.Dollar is slightly softer, EUR incrementally firmer post-EZ PMI; USD/JPY hits multi-decade highs once again.USTs initially remained in overnight ranges but succumbed to modest selling p
READ STORYEurope Market Open: APAC stocks traded with a mild positive bias after the tech-led rebound stateside; Flash PMIs ahead
APAC stocks traded with a mild positive bias after the tech-led rebound stateside.European equity futures indicate a higher open with the Euro Stoxx 50 future +0.5% after the cash market closed up 0.4% on Friday.DXY is holding above the 106 mark, EUR/USD lingers around 1.0650 and USD/JPY sits near i
READ STORYUS Market Open: Equities firmer and Antipodeans benefit from the positive risk appetite, Crude softer but off worst levels; ECB's Lagarde due
European bourses trade mixed; Stateside futures are entirely in the green; US “Big 6” downgraded at UBSDollar is flat, Antipodeans benefit from positive risk appetite, whilst safe-havens are modestly sufferBonds are pressured and contained within a tight rangeCrude is subdued given the lack of geopo
READ STORYEurope Market Open: APAC stocks were mostly positive following the lack of any major geopolitical escalations over the weekend.
APAC stocks were mostly positive following the lack of any major geopolitical escalations over the weekend.China's benchmark Loan Prime Rates were maintained at their current levels, as expected.European equity futures indicate a higher open with the Euro Stoxx 50 future +0.4% after the cash market
READ STORYWeek Ahead 22nd-26th April: Highlights include US PCE & GDP, BoJ, PMI data
Week Ahead 22nd-26th April:SAT: Bitcoin Halving Event (estimate)MON: PBoC LPR, US National Activity Index (Mar), South Korean PPI Growth (Mar)TUE: EZ/UK/US Flash Manufacturing PMI (Apr), US Richmond Fed (Apr), NBH Announcement, New Zealand Trade Balance (Mar)WED: Australian CPI (Mar), Bank of Indone
READ STORYUS Market Open: Sentiment hit after Israel strikes Iran, though has pared as Iran downplays the attacks; Crude now lower
Equities are entirely in the red, though well off worst levels following geopolitical events overnightIsrael conducted an operation against Iran which an Iranian official said was on a military airbase near Isfahan. However, Iran's Press TV later denied reports of a foreign attack in Iranian cities
READ STORYEurope Market Open: Geopols dominated as Israel struck Iran though Iran denied a foreign attack
APAC stocks were lower across the board as the initial tech-related selling stemming from Wall St was exacerbated by reports of explosions in Iran following an Israeli operation although stocks are off today's worst levels as Iran downplayed and later denied the attack.Israel conducted an operation
READ STORYUS Market Open: Contained trade in equities & FX, TSMC earnings strong and Crude at lows following Israel/Iran reports; US IJC due
Equities mostly, but modestly firmer; TSMC beat Q1 expectations, though lower in the pre-marketDollar slightly lower, G10’s generally flat/firmer with newsflow lightBonds bid, continuing the upside seen following Wednesday’s auctionCrude is at lows, pressured by Israel/Iran reports; XAU edges higher
READ STORYEurope Market Open: Wall St. headwinds gradually passed with APAC firmer; numerous earnings ahead
APAC stocks traded mostly higher after gradually shrugging off headwinds from Wall Street. US equity futures recovered some of their recent losses as the mood in Asia gradually improved, albeit with price action contained. European equity futures indicate a flat open with the Euro Stoxx 50 futu
READ STORYUS Market Open: Equities at session highs, Dollar softer & Gilts pare initial post-CPI weakness; Central Bank speak due
Equities are in the green, except for the AEX, which is weighed on by poor ASML results; Luxury bellwether LVMH gains post-earningsDollar is lower though still above 106.00, Antipodeans outperform and GBP benefits post-CPIUSTs incrementally firmer, Gilts gapped lower following hotter-than-expected C
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