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17 Apr 2024 · 05:33

Europe Market Open: Mixed equity action post Fed speak, DXY bid; no Israel decision yet

APAC stocks traded mixed as the region picked up the pieces from the prior day's heavy selling but with the recovery limited.Fed Chair Powell said the Fed can maintain the current rate for as long as needed if higher inflation persists.European equity futures indicate a positive open with the Euro S

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16 Apr 2024 · 10:10

US Market Open: Negative risk sentiment with equities softer, AUD also hampered by mixed Chinese data, geopols remains in focus for crude; Fed speak due

Equities are entirely in the red, continuing the negative price action seen in the prior sessionDXY holds around 106.30, Antipodeans suffer from the broader risk tone and mixed Chinese dataBonds are pressured, and Bunds more-so after German ZEW while Gilts gapped lower on wage numbersCrude is off be

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16 Apr 2024 · 05:33

Europe Market Open: Sentiment hit as markets await a Israel response; mixed China data factored

The S&P 500 posted its largest two-day decline in more than a year with the index down 2.6% since Friday.APAC stocks were lower amid concerns related to a potential 'imminent' response by Israel against Iran, while markets also digested mixed data from China.Better-than-expected Chinese GDP for

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15 Apr 2024 · 10:08

US Market Open: Equities firmer, JPY soft and AUD benefits from metals strength whilst crude sinks; US Retail Sales due

Equities are firmer though with the FTSE 100 lagging, hampered by broader weakness in the crude complexDollar flat, AUD benefits from metals strength and JPY lagsBonds pressured in a continuation of recent price action, Bunds looking to test 132.00Crude lower after the Iran attacks were mostly nulli

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15 Apr 2024 · 05:34

Europe Market Open: Geopolitics intensified & APAC digested China data; earnings & speakers ahead

APAC stocks mostly declined as participants reflected on the geopolitical events over the weekend and disappointing Chinese trade data.Iran launched its first direct attack on Israel which was largely intercepted with very little damage caused.European equity futures indicate a marginally higher ope

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12 Apr 2024 · 11:45

Week Ahead 15-19th April: Highlights include US and UK retail sales, UK, NZ, Canada and Japan inflation, China activity data and PBoC MLF

Week Ahead 15-19th AprilMON: PBoC MLF, Swiss PPI (Mar), EZ Industrial Production (Feb), US Retail Sales (Mar), South Korea Import/Export Price Growth (Mar)TUE: Chinese GDP (Q1)/Industrial Production (Mar)/Retail Sales (Mar), UK Jobs Report (Mar/Feb), German ZEW Survey (Apr), US Building Permits (Mar

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12 Apr 2024 · 10:05

US Market Open: Stateside equity futures tentative ahead of US bank earnings, DXY bid and Bunds outperform; Fed speak due

European bourses are entirely in the green, Stateside futures are contained on either side of the unchanged markDollar is bid which has weighed on G10 peers, with EUR down to 1.0657Fixed complex higher with Bunds outperforming as markets digest Thursday’s ECB announcement and Fed divergenceCrude is

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12 Apr 2024 · 05:35

Europe Market Open: EUR contained post ECB & sources, APAC cautious into Chinese trade

APAC stocks traded mixed despite the gains on Wall St, with participants in the region cautious as they awaited the latest Chinese trade data. DXY was flat after mixed inflationary signals, EUR/USD remained lacklustre post-ECB, and USD/JPY took a breather and held on to the 153.00 status. 

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11 Apr 2024 · 10:06

US Market Open: Equities lower, USD/JPY on a 153 handle & Bunds dip ahead of the ECB; US IJC/PPI due

Equities are mostly lower, continuing the sell-off seen in the prior session; the RTY underperformsDollar is flat and firmly above 105, USD/JPY back on a 153 handleUSTs contained at post-CPI lows whilst Bunds dip lower ahead of the ECBCrude is incrementally firmer, XAU rangebound and base metals lit

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11 Apr 2024 · 05:30

Europe Market Open: US CPI reverberated into APAC trade, Chinese CPI cooler than exp.

APAC stocks were subdued after hotter-than-expected US CPI reverberated across global markets.Softer-than-expected Chinese CPI and persistent producer price deflation kept the door open for future support measures.European equity futures indicate a contained open with the Euro Stoxx 50 future flat a

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10 Apr 2024 · 10:30

US Market Open: Contained trade ahead of US CPI

European bourses are firmer across the board, US futures contained into CPIDXY and USTs broadly steady ahead of the main US eventsGilts bounced back to unchanged post-supply after initial underperformance, Bunds off best after their own auctionCrude benchmarks modestly firmer in thin ranges, XAU con

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10 Apr 2024 · 05:35

Europe Market Open: Fitch revised China's outlook to negative, RBNZ maintained the OCR; US CPI due

US stocks eventually eked slight gains, APAC stocks traded mixed ahead of upcoming risk events and a slew of market closures.Fitch revised China's outlook to Negative and affirmed its rating at A+.European equity futures indicate a higher open with the Euro Stoxx 50 future +0.6% after the cash marke

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9 Apr 2024 · 10:40

US Market Open: DXY nears 104.00 after BoJ sources, XAU at ATHs; docket ahead sparse

European bourses in the red with US futures flat in catalyst-thin tradeDXY steady for much of the morning before USD/JPY came under pressure on a BoJ-related source reportFixed income benchmarks bid with EGBs outperforming, no reaction to supply but latest ECB BLS perhaps factoringCommodities firmer

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9 Apr 2024 · 05:35

Europe Market Open: Israel's Netanyahu said a Rafah invasion in Gaza date has been set

APAC stocks traded mostly higher but with price action relatively rangebound with global markets lacking major catalysts.European equity futures indicate a lower open with the Euro Stoxx 50 future -0.2% after the cash market closed up 0.6% on Monday.FX markets are contained with DXY holding above th

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8 Apr 2024 · 10:25

US Market Open: Geopols & US-China in focus; DXY steady & fixed benchmarks lower

European bourses have meandered higher after a contained open, US futures near unchangedGeopols. and US-China talks in focus; Hamas sources report no progress in Cairo negotiationsDXY steady but towards the top-end of the day’s range with peers generally steady in limited newsflowCore fixed benchmar

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8 Apr 2024 · 05:20

Europe Market Open: Mixed APAC performance post-NFP and US-China talks

APAC stocks were mixed ahead of this week's risk events and despite last Friday's strong NFP report and US-China talks.Fed's Bowman (voter) said on Friday that cutting rates too soon risks a rebound in inflation and although unlikely, it is possible the Fed may have to hike rates again to cool infla

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5 Apr 2024 · 11:41

Week Ahead 8-12th April: Highlights include US CPI, ECB, FOMC Minutes, BoC, RBNZ, China inflation

Week Ahead 8-12th AprilMON: Bank of Israel Announcement, Japanese Earnings (Feb), Swiss Unemployment Rate (Mar), German Trade Balance (Feb)/Industrial Output (Feb), EZ Sentix Index (Apr)TUE: EIA STEOWED: FOMC Minutes (Mar), BoC Announcement, RBNZ Announcement, US CPI (Mar)THU: ECB Announcement, OPEC

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5 Apr 2024 · 10:35

US Market Open: Relatively contained trade into NFP as Europe catches up to geopols

European equities lower across the board in catch-up play from the late selling seen on Wall St.DXY unchanged with G10s rangebound into NFPFixed income benchmarks slightly softer as they give back some of Thursday’s risk-inspired upsideCommodities feature modest gains for crude and XAUPayrolls aside

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5 Apr 2024 · 05:35

Europe Market Open: Hawkish-leaning Fed rhetoric and geopolitics dented risk appetite

APAC stocks followed suit to the losses in the US amid geopolitical concerns and hawkish-leaning Fed rhetoric.Fed's Kashkari and Goolsbee noted that it is possible the Fed will not cut this year if inflation stalls.European equity futures indicate a weaker open with the Euro Stoxx 50 future -1.3% af

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4 Apr 2024 · 10:35

US Market Open: Upward revisions to European PMIs support bourses & EUR modestly

European bourses a touch firmer post-PMIs after a flat open, US futures tilting higher in tandem into IJC and Fed appearancesDXY softer and approaching 104.00, EUR inches higher post-PMIs, JPY stead, CHF lagsEGBs bid despite PMI pressure though off highs in somewhat limited newsflow, USTs flatBase m

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4 Apr 2024 · 05:35

Europe Market Open: Sentiment picked up in APAC hours from the choppy/mixed Wall St. mood

APAC stocks traded higher as sentiment picked up from the choppy mood and mixed data releases stateside.Fed Chair Powell said if the economy evolves as the Fed expects, most on the FOMC expect to cut rates later this year.European equity futures indicate a slightly positive open with the Euro Stoxx

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3 Apr 2024 · 10:15

US Market Open: US equity futures lower, DXY flat and Bunds firmer post-EZ HICP; US ADP and OPEC+ JMMC due

European bourses are modestly firmer, US equity futures are in the red though with trade containedDollar is flat and G10 peers are incrementally softerUSTs are incrementally softer whilst Bunds are firmer after dovish-tilting speak from ultra-hawk Holzmann coupled with softer EZ-HICP metricsCrude is

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3 Apr 2024 · 05:35

Europe Market Open: APAC followed Wall. St action where USTs slumped and oil climbed

APAC stocks followed suit to losses in the US where treasuries bear-steepened and oil prices ramped up.Fed's Daly said there is no urgency to adjust the rate, Mester doesn't see the case for cutting at the next meeting.European equity futures indicate a contained open with the Euro Stoxx 50 fut

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2 Apr 2024 · 10:15

US Market Open: Equities mixed, DXY around 105 and Crude bid following US/Chinese PMIs & geopols; US JOLTS & Fed speak due

Equities are mixed, with clear outperformance in the Energy/Basic Resources names amid broader strength in the underlying commodity pricesDollar is flat and holds around 105, AUD outperforms given the rally in metals pricesBonds are mixed, USTs are flat and hold near post-ISM lows, whilst Bunds play

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2 Apr 2024 · 05:25

Europe Market Open: Hot US ISM Manufacturing PMI saw Fed rate cut bets trim, German CPI ahead

APAC stocks were mixed after the weak performance on Wall St where hot ISM Manufacturing PMI saw markets trim Fed rate cut bets.European equity futures indicate a contained open with the Euro Stoxx 50 future little changed after the cash market closed flat on Thursday.DXY sits on a 105 handle, EUR/U

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