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9 Feb 2024 · 11:23

US Market Open: Equities marginally firmer, NZD bid and Crude remains at highs ahead of US CPI Seasonal Revisions

European bourses are mixed and trading around the unchanged mark, with slight underperformance in the CAC 40, hampered by losses in L’Oreal; US equity futures mirror European peersDollar is incrementally firmer; Kiwi outperforms after ANZ lifts its RBNZ rate forecastBonds are around flat awaiting US

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9 Feb 2024 · 06:35

Europe Market Open: Holiday thinned APAC conditions, NZD outperforms; CPI revisions ahead

APAC stocks traded mixed and were mostly subdued in holiday-thinned conditions ahead of the Lunar New Year.European equity futures indicate a slightly softer open with Euro Stoxx 50 future -0.2% after the cash market closed up 0.7% on Thursday.DXY is a touch firmer in contained trade for the FX spac

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8 Feb 2024 · 11:15

US Market Open: European bourses firmer & US equity futures are flat, JPY softer after BoJ speak; US IJC & Fed speak due

European equities are firmer, with outperformance in the AEX; US equity futures meander around the unchanged mark, though the RTY continues to underperformDollar is flat and pivots 104.00, JPY is softer after BoJ speak; Chinese CPI softer than expectedBonds are modestly weaker with specifics light i

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8 Feb 2024 · 06:35

Europe Market Open: S&P 500 just shy of 5k, soft Chinese inflation; numerous earnings due

APAC stocks were ultimately mixed after the fresh record levels on Wall St where the S&P 500 touched just shy of the 5k levelParticipants also digested recent earnings releases and soft Chinese inflation data ahead of the Lunar New Year holidayRBI kept the Repurchase Rate unchanged at 6.50%, as

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7 Feb 2024 · 11:10

US Market Open: Equites tilt lower, Dollar flat and crude firmer; Fed speak and earnings from PYPL and UBER due

European equities are mixed whilst US futures meander around the unchanged mark; the Russell underperforms as Moody’s downgrades NYCB’s ratingDollar is flat and holds just above 104.00, GBP the G10 outperformerBonds are divergent, though the overall trend is bearish ahead of US supplyCrude benchmark

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7 Feb 2024 · 06:35

Europe Market Open: APAC benefits from further Chinese support; remarks from Mester & Schnabel in focus

APAC stocks were mostly positive after a decline in global yields and further Chinese support efforts; Hang Seng and Shanghai Comp were mixed despite early momentum.Moody's downgraded New York Community Bancorp's (NYCB) long-term issuer rating to junk status of Ba2 and said most ratings remain on re

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6 Feb 2024 · 11:19

US Market Open: Equities mixed though the FTSE 100 bid post-BP earning, AUD bid post-RBA; Fed speak due

European equities are mixed with outperformance in the FTSE 100, post-BP earning; US equity futures in-fitting, NQ bidDollar is marginally firmer and AUD the G10 outperformer following a “hawkish hold” at the RBABonds modestly firmer, though have been edging lower throughout the European morningCrud

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6 Feb 2024 · 06:33

Europe Market Open: Chinese stabilisation efforts offset Wall St. pressure, RBA kept a hawkish tone

APAC stocks were somewhat mixed as Chinese market stabilisation efforts offset the early headwinds from Wall Street.Fed SLOOS (Q4) noted that tighter standards and weaker demand were reported.RBA kept rates unchanged at 4.35% as expected, while it reiterated that a further increase in interest rates

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5 Feb 2024 · 11:13

US Market Open: European bourses mixed, US equity futures lower, Dollar bid & EUR lower; US ISM and earnings from MCD due

European equities are mixed, with clear outperformance in the FTSE MIB, propped up by UniCredit (+8.7%) post-earnings; US equity futures are modestly softer, though the RTY underperformsDollar is firmer continuing Friday’s advances, which has been leading the EUR towards December lows.Bonds are soft

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5 Feb 2024 · 06:40

Europe Market Open: APAC pressured as it reacts to NFP, Powell reiterated March language

APAC stocks were mostly subdued after last Friday's red-hot jobs report; Chinese regulators pledged to stabilise the market.Fed Chair Powell repeated his expectation that the March meeting is likely too soon to have confidence to start rate cuts.European equity futures indicate a contained open with

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2 Feb 2024 · 16:04

Newsquawk Week Ahead: Highlights include RBA, Chinese inflation, US ISM Services PMI and US annual CPI revisions

Week Ahead 5th-9th FebruaryMON: Japanese Jibun Final Composite/Services PMI (Jan), Chinese Caixin Final Services PMI (Jan), German TradeBalance (Dec), EZ/UK/US Final Composite/Services PMI (Jan), US ISM Services PMI (Jan)TUE: RBA Policy Announcement, EIA STEO, US Democratic Primary - Nevada, German

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2 Feb 2024 · 11:15

US Market Open: Equities firmer, with outperformance in the NQ led by META (+16%) and AMZN (+6%); US NFP due

European equities are firmer taking impetus from gains on Wall Street; US equity futures are in the green, outperformance in the NQ post-earnings from Amazon (+6%) and Meta (+16.7%).Dollar is around flat awaiting impetus from US NFP; Aussie outperforms recouping the prior day’s downside.Bonds are so

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2 Feb 2024 · 06:37

Europe Market Open: Sentiment supported by META & AMZN; Shanghai Comp. slumped

APAC stocks mostly took impetus from the gains on Wall St where stocks were underpinned amid a softer yield environment.US equity futures were boosted after-hours following the big tech earnings (META +15%, AMZN +7%, AAPL -3%).European equity futures indicate a higher open with Euro Stoxx

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1 Feb 2024 · 11:22

US Market Open: European bourses mixed, Dollar bid & AUD lags, Crude bid; US IJC & Key Earnings due

European equities are mixed, whilst US equity futures are firmer to varying degreesDollar is marginally bid though off post-Powell highs; Aussie lags after weak building approvals dataBonds are mixed; USTs modestly higher whilst Bunds pare yesterday’s dovish dataCrude is in the green pre-JMMC whilst

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1 Feb 2024 · 06:35

Europe Market Open: Powell's pushback on a March cut pressured equity sentiment; BoE ahead

The Fed kept rates unchanged and removed the reference to possible additional rate hikes but also downplayed near-term cuts.APAC stocks were mixed after the losses on Wall St owing to banking sector fears and Fed Chair Powell's pushback against a March rate cut.Chinese Caixin Manufacturing PMI data

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31 Jan 2024 · 11:10

US Market Open: Equities lower with clear underperformance in the NQ after tech-earnings, Bunds off best levels post-German data; US ADP due

European bourses are lower with underperformance in the SMI post-Novartis earnings; US equity futures are mixed, though with clear underperformance in the NQ after MSFT, AMD & GOOG earningsDollar continues its contained trade, AUD underperforms amid softer CPI dataBonds modestly firmer; Bunds of

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31 Jan 2024 · 06:35

Europe Market Open: GOOG & MSFT hit after-hours; German inflation & FOMC due

APAC stocks were mostly subdued amid a deluge of earnings releases and key data releases at month-end.Alphabet (GOOG) slumped 5.8% after advertising revenue missed, while Microsoft (MSFT) fell by 0.3% after Q3 More Personal Computing was guided below forecasts. Hang Seng and Shan

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30 Jan 2024 · 11:20

US Market Open: European bourses firmer & Bunds lower post-EZ data; US JOLTs & Earnings from GOOG & MSFT due

European equities are generally firmer, whilst US equity futures meander around the unchanged mark ahead of key earningsDollar is around flat whilst the Pound lags with specifics lightBonds are firmer, though Bunds have been edging lower following hawkish EZ dataCrude benchmarks are marginally firme

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30 Jan 2024 · 06:35

Europe Market Open: Momentum from Wall St. record highs offset by China weakness, key earnings due

APAC stocks traded mixed as weakness in China offset the momentum from Wall St's record highs.US Treasury expects to borrow USD 760bln in net marketable debt for the January-March period which is down USD 55bln from the October 2023 estimate.European equity futures indicate a higher open with Euro S

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29 Jan 2024 · 11:20

US Market Open: Equities mixed, Bonds bid on dovish ECB speak & Crude gains amid geopolitical tensions

European bourses are trading on a mixed footing and lack clear direction; US equity futures follow suit ahead of a busy week of risk eventsDollar continues to firm, EUR a touch softer and Antipodeans bid despite a flimsy risk toneBonds are bid amid dovish ECB speak as attention turns to US Treasury

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29 Jan 2024 · 06:40

Europe Market Open: Evergrande ordered to liquidate, geopolitics intensified & ECB speak in focus

APAC stocks began the week mostly on the front foot, albeit with some of the gains capped by heightened geopolitical tensions and Chinese property sector concerns.Three US troops were killed and dozens were injured from an aerial drone attack on US forces in northeastern Jordan near the Syrian borde

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26 Jan 2024 · 13:18

Week Ahead 29th January - 2nd February 2024: Highlights include FOMC, NFP, ISM Mfg PMI, BoE, EZ CPI and EZ GDP

Week Ahead 29th January - 2nd February 2024SUN: New Zealand Trade BalanceMON: Japanese Unemployment (Dec)TUE: Israel Municipal Elections; Spanish Flash CPI (Jan), Swiss KOF (Jan), German Flash GDP (Q4), EZ Flash GDP (Q4), EZ Consumer Confidence Final (Dec), US Home Prices (Nov), JOLTS (Dec), Japanes

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26 Jan 2024 · 11:10

US Market Open: European equities firmer whilst Stateside futures are mixed, DXY slightly weaker ahead of US PCE

European bourses are firmer, with significant outperformance in the CAC40 lifted by the Luxury sector, post-LVMH earningsDollar is around flat, EUR modestly firmer with price action contained ahead of US PCEBonds are modestly firmer and in proximity to yesterday’s highsCrude benchmarks are pulling b

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26 Jan 2024 · 06:36

Europe Market Open: Wall St. momentum dissipated in APAC trade; JPY indecisive after Tokyo CPI

APAC stocks failed to sustain the broad positive momentum from Wall St with the region mostly lower in quietened conditions and amid a lack of fresh drivers.Tokyo inflation data showed the slowest pace of core inflation in Japan's capital area since March 2022.FX markets are contained with the DXY s

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25 Jan 2024 · 11:15

US Market Open: Equities marginally weaker, Tesla -7.9% post-earnings, Crude bid; ECB and Tier 1 US data due

European bourses are generally weaker, with the exception of the AEX which benefits from ASML; US equity futures are mixed, with the RTY outperformingTesla (-7.9%) is significantly lower in the pre-market after its results missed, noting that 2024 vehicle growth will be lower than the prior year.Dol

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