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8 Aug 2023 · 05:35

Europe Market Open: Disappointing Chinese trade data soured the tone, DXY bid while JPY lags

APAC stocks traded mixed after the early optimism following the positive lead from Wall St was souredThis came as Chinese markets entered the fray, while the region also digested disappointing Chinese trade dataEuropean equity futures are indicative of a slightly lower open with the Euro Stoxx

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7 Aug 2023 · 10:28

US Market Open: US futures remain bid despite a tentative APAC/EU tone; Fed speak due

European bourses are pressured with fresh drivers light and price action continuing from subdued APAC tradeStateside, futures are more constructive with the NQ leading despite yield upside given last week’s pressureDXY is bid to the detriment of G10 peers with havens lagging as yields liftDebt dips

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7 Aug 2023 · 05:30

Europe Market Open: Fed's Bowman said more hikes are likely, APAC began the week subdued

APAC stocks began the week mostly negative following on from last Friday's late retreat on Wall Street.Fed’s Bowman (voter) said more US rate hikes will likely be needed.European equity futures are indicative of a lower open with the Euro Stoxx 50 -0.3% after the cash market closed up by 0.7% on Fri

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4 Aug 2023 · 11:32

Week Ahead: Highlights include US & China CPI, BoJ SoO and UK GDP

Week Ahead August 7th - 11thMON: BoJ Summary of Opinions, German Industrial Output (Jun), EZ Sentix Index (Aug)TUE: EIA STEO, Chinese Trade Balance (Jul), German Final CPI (Jul), Canadian Trade Balance (Jul)WED: Chinese Inflation (Jul)THU: RBI Announcement, Banxico Announcement, OPEC MOMR, US CPI (J

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4 Aug 2023 · 10:16

US Market Open: European bourses bid, NQ outperforms on AMZN strength, Fixed dips; NFP report due

European bourses and US futures are modestly firmer with updates limited aside from numerous corporate developments pre-NFPAMZN +8.8% & AAPL -1.8% pre-market; Berkshire Hathaway reports on the weekendDXY is firmer but yet to lift above 102.50, Antipodeans outperform while havens pare some of the

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4 Aug 2023 · 05:34

Europe Market Open: AMZN +8% & AAPL -2% post-earnings; US NFP due

APAC stocks traded mixed as most bourses in the region lacked firm direction after a lacklustre handover from the USApple were lower by 2% after-hours as earnings once again showed declining sales, whilst Amazon was boosted by 8.7% following solid resultsEuropean equity futures are indicat

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3 Aug 2023 · 10:17

US Market Open: Continued risk off sentiment; focus on BoE; Fed speak, AAPL & AMZN earnings due

European bourses & US futures continue to slump in an extension of Wednesday’s price action with yields on the upEGBs/USTs continue to drop and have made new lows below the post-Refunding/Fitch trough, Gilts pressured further pre-BoEFurther upside for the USD with JPY outperforming on haven acti

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3 Aug 2023 · 05:35

Europe Market Open: JPY lags after unscheduled BoJ action, Cable below 1.27 pre-BoE

APAC stocks mostly followed suit to the weakness in global peers, albeit with some of the losses stemmed in Asia as participants digested Chinese Caixin PMI figures.European equity futures are indicative of a marginally softer open with the Euro Stoxx 50 -0.1% after the cash market closed down by 1.

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2 Aug 2023 · 10:22

US Market Open: Risk off returns after Fitch's US downgrade, ADP & Quarterly Refunding due

European bourses & US futures are in the red as sentiment continues to deteriorate from the APAC/Wall St. handoverFitch cut the US' sovereign rating from AAA to AA+; Outlook revised to Stable from Watch Negative.DXY benefits from the soured tone with JPY outperforming while EUR & GBP prove r

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2 Aug 2023 · 05:35

Europe Market Open: A negative handover from Wall St. impacted APAC trade; Fitch cut the US to AA+

APAC stocks traded lower following the mostly negative lead from Wall St where sentiment was dampened by higher yields and weak dataFitch cut US sovereign rating from AAA to AA+; Outlook revised to Stable from Watch NegativeEuropean equity futures are indicative of a lower open with the Euro Stoxx 5

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1 Aug 2023 · 10:04

US Market Open: Equities lower, AUD lags post-RBA; US ISM, JOLTs data & earnings due

European bourses are in the red with initial catalysts light but sentiment deteriorating further alongside Final PMIsStateside, futures also pressured but magnitudes are more contained ahead of manufacturing dataDXY continues to climb to the detriment of G10 peers, AUD lags post-RBA maintained its C

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1 Aug 2023 · 05:45

Europe Market Open: AUD lags post RBA while APAC stocks followed the positive Wall St. handover

APAC stocks were mostly higher following the positive lead from Wall St where the S&P 500 notched its 5th consecutive monthly gain.RBA maintained its Cash Rate Target unchanged at 4.10% and noted that some further tightening of monetary policy may be required.AUD lags post-RBA, JPY is also on th

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31 Jul 2023 · 10:01

US Market Open: Antipodeans bid, JPY lags & equities steady with Fed's Goolsbee due

European bourses are mixed/steady around the unchanged mark, with US futures following suitAction which follows mostly firmer APAC trade given Wall St. momentum, Chinese stimulus and despite mixed PMIsDXY is on the front-foot despite some month-end model predictions; JPY standout laggard while Antip

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31 Jul 2023 · 05:34

Europe Market Open: Mixed PMIs and Chinese support exert influence heading into month-end

APAC stocks headed into month-end mostly on the front foot as participants digested the latest support efforts from China and mixed PMI data.Chinese headline Manufacturing PMI slightly topped forecasts but remained in contraction territory and Non-Manufacturing PMI disappointed with the slowest

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28 Jul 2023 · 12:46

Week Ahead July 31st - August 4th: Highlights include US jobs report, BoE, RBA and PMI data

Week Ahead July 31st - August 4thMON: Japanese Retail Sales (Jun), Chinese Official PMI (Jul), German Flash GDP (Q2), New Zealand Labour Cost Index (Q2)TUE: RBA Announcement, Chinese Caixin Manufacturing Final PMI (Jul), German/EZ Unemployment Rates (Jul), EZ/UK/US Final Manufacturing PMIs (Jul), US

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28 Jul 2023 · 10:38

US Market Open: European bourses mixed, US equities bid, JPY flat post-BoJ; German HICP & US PCE due

BoJ kept monetary policy settings unchanged but announced it will guide YCC more flexibly with fixed rate operations for 10yr JGB to be conducted at 1.0% (prev. 0.5%).At the post-meeting presser, BoJ Governor Ueda emphasised the need for continued monetary easing, stating that the bank is prepared t

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28 Jul 2023 · 05:35

Europe Market Open: BoJ kept policy Unch. but will guide YCC more flexibly; German HICP due

BoJ kept monetary policy settings unchanged but announced it will guide YCC more flexibly with fixed rate operations for 10yr JGB to be conducted at 1.0% (prev. 50bps).APAC stocks are mixed with underperformance in the Nikkei 225 as markets digest the fallout from the BoJ.European equity futures are

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27 Jul 2023 · 10:07

US Market Open: Equities bid, NQ outperforms post-Meta earning, DXY slips & EUR gains ahead of ECB

European bourses in the green in a continuation of APAC trade with a blockbuster earnings docket influencingUS futures firmer and the NQ outperforms following Meta’s after-hours report, META +8.3%DXY pressured to near 100.50 with EUR & JPY taking advantage ahead of their rate decisions, Antipode

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27 Jul 2023 · 05:35

Europe Market Open: Powell's presser perceived dovish, futures bolstered with NQ leading post-META

The Fed hiked rates by 25bps to 5.25%-5.50%, as expected, with the statement a copy & paste job from June.Markets initially perceived the presser as dovish after Powell avoided committing to future rate hikes and stressed a data-dependent approach.US equity futures edged higher overnight with NQ

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26 Jul 2023 · 10:10

US Market Open: European bourses lower, US digests Big Tech earnings, DXY & Crude slip pre-FOMC

European bourses are generally subdued with the Euro Stoxx 50 weighed on by LVMH -4.4%Stateside, futures are more contained pre-FOMC and as participants digest after-hours MSFT & GOOGL updatesDXY continues to slip amid ongoing JPY strength with EUR benefitting as the three regions near policy an

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26 Jul 2023 · 05:35

Europe Market Open: AUD lags post-CPI while markets digest numerous heavyweight earnings

APAC stocks traded mixed with most bourses lacking firm direction heading into the FOMC later today.European equity futures are indicative of a softer open with the Euro Stoxx 50 -0.4% after the cash market closed up by 0.2% yesterday.DXY was contained on a 101 handle, EUR/USD languished below 1.11,

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25 Jul 2023 · 12:38

PREVIEW: FOMC rate decision due Wednesday 26th July 2023

Summary: The Fed is widely expected to hike rates 25bps in July, taking the target for the Federal Funds Rate to 5.25-5.50%. Markets, and the majority of economists, expect this to be the peak of the hiking cycle, despite Fed guidance for two more rate rises this year (including July). Therefore, at

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25 Jul 2023 · 10:23

US Market Open: US futures positive ahead of key US earnings, EUR lags post-Ifo & Fixed pressured

European bourses & US futures are incrementally positive ahead of numerous key earnings from both sides of the pondDXY slipped to 101.18 before deriving support from an Ifo/ECB BLS driven hit to the Euro, AUD leads pre-CPICore benchmarks are modestly pressured as earlier upside dissipates despit

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25 Jul 2023 · 05:35

Europe Market Open: APAC benefitted from Politburo action as attention turns to heavyweight earnings

APAC stocks traded mostly higher amid a rally in Chinese stocks after the Politburo’s support pledges.European equity futures are indicative of a marginally softer open with the Euro Stoxx 50 -0.1% after the cash market closed down by 0.2% yesterday.DXY is a touch softer but remains on a 101 handle,

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25 Jul 2023 · 05:30

Europe Market Open: APAC benefitted from Politburo action as attention turns to heavyweight earnings

APAC stocks traded mostly higher amid a rally in Chinese stocks after the Politburo’s support pledges.European equity futures are indicative of a marginally softer open with the Euro Stoxx 50 -0.1% after the cash market closed down by 0.2% yesterday.DXY is a touch softer but remains on a 101 handle,

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