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Europe Market Open: JPY firmer post-CPI, Hamas disappointed with hostage deal framework, APAC mixed
APAC stocks traded mixed after the lacklustre handover from the US as markets braced for looming risk events.Fed's Schmid (non-voter) said there is no need to pre-emptively adjust the stance of policy.Hamas officials are "disappointed" with the framework of the hostage deal that was presented in Par
READ STORYUS Market Open: Equities slip & USD pressured modestly as newsflow slows after a busy weekend
Equity bourses/futures under modest pressure with newsflow light after a weekend of heavy geopols & Berkshire numbers/commentaryDXY under modest pressure but above Friday’s base, EUR benefitting from the softer USD; antipodeans lag, USD/JPY firmerContained start with specifics light into ECB’s L
READ STORYEurope Market Open: Geopols dominated weekend newsflow; DXY contained APAC subdued
APAC stocks were mostly subdued with weekend macro newsflow light and dominated by geopolitical commentary.European equity futures indicate a lower open with Euro Stoxx 50 future -0.2% after the cash market closed up 0.4% on Friday.DXY is contained around the 104 mark, EUR/USD sits near its 200DMA&n
READ STORYNewsquawk Week Ahead: Highlights include US PCE, ISM Manufacturing PMI, RBNZ policy announcement, EZ, Australia and Japan CPI
Week Ahead 26th February - 1st MarchMON: US New Home Sales (Jan), Dallas Fed (Feb), Japanese CPI (Jan), UK Nationwide (Feb)TUE: US Democratic Primary - Michigan; German GfK (Mar), US Durable Goods (Jan), Consumer Confidence (Feb), Richmond Fed (Feb)WED: RBNZ Policy Announcement, Australian CPI (Jan)
READ STORYUS Market Open: Commodities clipped & equities slightly softer, awaiting geopolitical updates
European equites are around flat, whilst US futures are slightly softer following the prior day’s strengthDollar is flat and around 104.00, JPY is softer following continued hawkish Fed speakBonds are softer but Bunds/Gilts yet to test Thursday’s lows, fleeting hawkish move on Ifo/ECB Consumer surve
READ STORYEurope Market Open: APAC stocks mostly benefitted from the tech-led surge in the US; Europe looks to open firmer
APAC stocks mostly benefitted amid tailwinds from the tech-led surge in the US on the NVIDIA wave.Fed's Waller (voter) said there is no rush to begin cutting rates and it is appropriate to be patient.European equity futures indicate a slightly higher open with Euro Stoxx 50 future +0.1% after the ca
READ STORYUS Market Open: NVDA earnings boost market sentiment with Equities & Antipodeans bid whilst USD dips; US PMI & IJC due
European equities are firmer, taking the lead from strong Nvidia earnings, which has led to outperformance in the NQDollar is subdued and the Antipodeans outperform, benefiting from the broader risk toneBonds are divergent, with EGBs choppy on the morning’s PMI dataCrude holds firm alongside base me
READ STORYEurope Market Open: NVDA +9% after-hours, FOMC Mins. a non-event; PMIs due
APAC stocks were mostly positive amid tailwinds from the tech uplift in US futures following NVIDIA earnings.NVIDIA surged by over 9% after-hours after beating on top and bottom lines and offering strong sales guidance.FOMC minutes proved to be a non-event and echoed the broader tone of Fed speak se
READ STORYUS Market Open: US futures are lower ahead of NVDA earnings, NZD bid & Crude softer; FOMC Minutes due
European bourses are generally firmer, though the FTSE 100 lags after significant underperformance in Glencore & HSBC; US futures lower pre-NvidiaDollar is incrementally firmer, Antipodeans bid in tandem with strong Chinese equity trade overnightBonds are mixed but edging higher in recent trade
READ STORYEurope Market Open: Tech pressure continues into Nvidia earnings; FOMC Mins, Supply & speakers due
APAC stocks traded mixed with headwinds following the tech-led declines stateside ahead of Nvidia earnings.European equity futures indicate a contained open with Euro Stoxx 50 future +0.1% after the cash market closed down 0.1% on Tuesday.DXY lingers around the 104 mark, EUR/USD maintains 1.08 statu
READ STORYUS Market Open: European bourses mixed, US equities lower & RTY lags, Dollar softer & Antipodeans supported by the PBoC 5yr LPR cut
European equities are mixed, with mild outperformance in the CAC 40, lifted by post-earning gains in Air Liquide; US equity futures are entirely in the red, RTY lagsDollar is modestly weaker and Antipodeans outperform, supported by the PBoC 5yr LPR cutBonds are firmer with specifics-light; Bunds unr
READ STORYEurope Market Open: PBoC maintained the 1yr LPR but cut the 5yr, Yuan choppy in reaction
APAC stocks traded with mild losses with price action contained following the US holiday lull.PBoC's latest benchmark rates announcement saw the 1-year LPR surprisingly maintained at 3.45% (exp. 5bps cut), but the 5-year LPR cut by 25bps (exp. 10bps cut).RBA Minutes from the February 6th Meeting sta
READ STORYEurope Market Open: Mainland China bolstered after the holiday break, US markets closed today
APAC stocks were mixed amid a lack of drivers and with US markets to remain closed on Monday.Mainland China gained on return from the Lunar Year Holiday where China's travel spending topped pre-COVID levels.European equity futures indicate a lower open with Euro Stoxx 50 future -0.3% after the cash
READ STORYWeek Ahead 19th-23rd February: Highlights include minutes from the FOMC, ECB and RBA, Flash PMIs and PBoC
Week Ahead 19th-23rd FebruaryMON: Swedish CPIF (Jan), Canadian Producer Prices (Jan), Holiday: US (President’s Day) , EU Red Sea Policing StrategyTUE: PBoC LPR, RBA Minutes (Feb), EZ Current Account (Dec), Canadian CPI (Jan)WED: FOMC Minutes (Jan), UK PSNB (Jan), South African CPI (Jan), EZ Flash Co
READ STORYUS Market Open: Equities firmer & NQ leads after strong AMAT earnings, Yen underperforms and Bonds lower; US PPI due
European equities are entirely in the green, with semi-conductor names lifted in a read-across from Applied Materials post-earnings; US equities are mixed, NQ leadsDollar is around flat, JPY underperforms after dovish BoJ Ueda speakBonds are subdued, largely led by the higher-than-expected UK Retail
READ STORYEurope Market Open: Wall St. momentum continued, USD/JPY above 150.00 with Ueda in focus
APAC stocks sustained the positive momentum from Wall St where yields softened after the US data deluge.European equity futures indicate a higher open with Euro Stoxx 50 future +0.5% after the cash market closed up 0.7% on Thursday.DXY is marginally firmer vs. peers whilst the JPY marginally lags as
READ STORYUS Market Open: Equities firmer, GBP softer and Bonds lifted post-GDP; US Retail Sales, IJC & Central Bank speak due
European bourses are firmer, with outperformance in the CAC 40 after several strong results; US equity futures firmer to a slightly lesser degree, though the RTY continues to outperformDollar is around flat, GBP softer and JPY firmer as the regions enter a technical recessionBonds are firmer after U
READ STORYEurope Market Open: FOMC officials downplay recent CPI, DXY pulled back from 105.00, JPY leads
APAC stocks mostly took impetus from the rebound on Wall St after the Fed downplayed the recent CPI report.Japanese Q4 GDP showed that the nation's economy entered into a technical recession.European equity futures indicate a higher open with Euro Stoxx 50 future +0.4% after the cash market closed u
READ STORYUS Market Open: Equities firmer, Bonds bullish post-UK CPI which led the Pound lower; Fed, ECB and BoE speak due
European bourses are firmer, with outperformance in the FTSE 100 after softer-than-expected UK CPI; US futures are entirely in the green, with the RTY leadingDollar is around flat and just beneath 105.00, GBP underperforming post-CPI and Yen still holds above 150.00Bonds boosted in tandem with Gilt
READ STORYEurope Market Open: US CPI dented APAC trade; MOF's Kanda spoke, USD/JPY still above 150.00
APAC stocks declined amid headwinds from the US where hot inflation unwound Fed rate cut expectations.European equity futures indicate a lower open with Euro Stoxx 50 future -0.2% after the cash market closed down 1.2% on Tuesday.DXY held onto post-CPI gains but stopped shy of 105, JPY selling promp
READ STORYUS Market Open: Equities softer as US CPI looms, GBP bid post-jobs data & CHF lags after cooler CPI, Crude firmer
European equities are softer across the board, with Tech lagging following poor Siltronic guidance, weighing on heavyweight ASML (-2.7%)US equity futures mirror price action in Europe, though the NQ slightly underperforms.Dollar is flat and awaiting US CPI; GBP is bid post-UK jobs data and CHF suffe
READ STORYEurope Market Open: Asia mixed as some markets reopen, DXY steady into US CPI
APAC stocks traded mixed albeit with a positive bias as several markets reopened from the extended weekend.European equity futures indicate a lower open with Euro Stoxx 50 future -0.3% after the cash market closed up 0.7% on Monday.DXY is steady above the 104 mark, USD/JPY lingers around 149.50
READ STORYUS Market Open: Equities firmer and US equities little changed, NZD lags & Crude lower; NY Fed Survey of Consumer Expectations due
European equities are generally firmer, though the FTSE 100 lags, hampered by AstraZeneca; US equity futures are around flat, with slight outperformance in the RTYDollar is marginally firmer, the Kiwi underperforms despite hawkish-leaning speak from RBNZ officials overnightBonds are little changed a
READ STORYEurope Market Open: ECB's Panetta said the time for a stance reversal is approaching; APAC contained
APAC stocks were subdued amid quiet weekend newsflow and mass holiday closures in the region.ECB Panetta said the time for a reversal of the ECB’s monetary policy stance is fast approaching.European equity futures indicate a mildly positive open with Euro Stoxx 50 future +0.3% after the cash market
READ STORYNewsquawk Week Ahead: Highlights include US CPI, US Retail Sales, Aussie jobs, UK employment/wages, GDP and CPI data
Week Ahead 12th-16th FebruaryMON: BoC SLOS, Indian CPI (Jan), Export/Imports (Jan), Holiday: China (New Year), Hong Kong, TokyoTUE: OPEC MOMR, Swedish Unemployment (Jan), UK Unemployment/Wages (Dec), Swiss CPI (Jan), EZ/German ZEW (Feb), US CPI (Jan), NFIB (Jan). Holiday: China (New Year), Hong Kong
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