The Premarket Movers & News by Newsquawk

ECB policy announcement due Thursday 27th July; rate decision at 13:15BST/08:15EDT, press conference from 13:45BST/08:45EDTConsensus and market pricing look for a 25bps hike, taking the deposit rate to 3.75%Focus will fall on clues over the ECB's tightening ambitions beyond JulyOVERVIEW: The ECB is

European bourses are mixed with Flash PMIs flagging increased recession risks while Spain lags after Sunday’s stalemateStateside, futures modestly firmer with the NQ in-fitting ahead of the special rebalance coming into effectDXY benefits from EUR & GBP pressure on disappointing PMIs while JPY r

APAC stocks traded mostly positive but with gains capped ahead of upcoming key risk events.European equity futures are indicative of a softer open with the Euro Stoxx 50 -0.3% after the cash market closed up by 0.4% on Friday.DXY tested 101 to the downside, EUR/USD and Cable sit on 1.11 and 1.28 han

Sun: Spanish Elections.Mon: EZ/UK/US Flash PMIs (Jul).Tue: German Ifo Survey (Jul), NBH Announcement, Richmond Fed (Jul).Wed: FOMC Announcement, Australian CPI (Jun).Thu: ECB Announcement, US GDP Advance/PCE (Q2).Fri: BoJ Announcement & Outlook Report, French Flash CPI (Jun), Spanish Flash CPI (

BoJ sources around YCC spark marked dovish reaction in JPY and JGBs, which has filtered through to broader assetsDXY back above 101.00 with USD/JPY testing 142.00; action which eroded GBP’s retail-driven upsideEuropean/US equity benchmarks relatively contained, Tech hit by SAP while NQ benefits from

US stocks mostly tumbled with the declines led by the Nasdaq 100 which posted its second worst day of the year.APAC stocks were mixed as further support efforts from China partially offset the headwinds from Wall St.European equity futures are indicative of a softer open with the Euro Stoxx 50 -0.3%

European bourses are firmer though TSMC’s results have pressured Tech and the Euro Stoxx 50/AEX by extension; SAP due todayStateside, NQ lags given pre-market downside in NFLX & TSLA post-earningsAUD bolstered by jobs data, Yuan rebounds and EUR underpinned by yields with DXY driftingCore benchm

APAC stocks traded mixed following on from the choppy performance stateside as participants digested data and corporate earnings.Apple (AAPL) is racing to develop its own generative AI tools to catch OpenAI, according to Bloomberg.European equity futures are indicative of a slightly softer open

European bourses & US futures are contained, with Real Estate leading while Base Resource names lagFTSE 100 outperforms after cooler-than-expected UK CPI, with Gilts bid, GBP dented and BoE pricing moving in favour of 25bpAs such, GBP lags to the USD’s benefit while JPY approaches 140.0 and anti

US stocks were bid with outperformance in the Russell 2000 amid strong gains in the regional banking ETF.APAC stocks were mixed as the ongoing China economic woes partially offset the constructive lead from Wall St.European equity futures are indicative of a slightly higher open with the Euro Stoxx

European bourses & US futures are contained ahead of earnings and dataWithin Europe, pre-market action was dominated by Q2 updates with Novartis’ results lifting its sector & the SMIDXY remains pressured but has found support around Friday’s trough with EUR, GBP & JPY appreciatingFixed i

APAC stocks were mostly lower after the region failed to sustain the momentum from Wall St where tech and small caps outperformed.US President Biden is weighing new curbs on chips and semiconductor-making devices, according to Bloomberg.European equity futures are indicative of a slightly higher ope

European risk tone is hampered by mixed China data and subsequent cuts to the nations FY23 growth view by various desksStateside, action is more contained with the docket relatively sparse ahead of Tuesday’s key earnings & with Fed blackout underwayCrude benchmarks have returned to APAC lows on

APAC stocks began the week subdued as participants digested mixed economic growth and activity data from China.Chinese GDP was firmer than expected QQ but disappointed YY, while Industrial Production topped estimates and Retail Sales missed.European equity futures are indicative of a lower open with

Week Ahead July 17-21stMON: PBoC MLF, South Korean Trade Balance Revised (Jun), Chinese GDP (Q2), Retail Sales, and Industrial Output (Jun)TUE: RBA Minutes, SARB Press Release, US Retail Sales (Jun), Canadian CPI (Jun), New Zealand CPI (Q2)WED: UK Inflation (Jun), EZ Final CPI (Jun),THU: PBoC LPR, C

European bourses & US futures are relatively contained ahead of Fed speak and banking earningsWithin Europe, Telecoms lag after updates from Ericsson and NokiaDXY struggles for direction just above 99.75 with peers mixed & JPY retreatingCore fixed benchmarks diverge slightly as EGBs/Gilts ex

APAC stocks traded mostly higher after the positive lead from Wall St where yields continued to decline post-PPI.Fed's Waller (voter) said the Fed will likely need two more 25bps hikes this year and he favours raising rates at the July FOMC.European equity futures are indicative of a slightly lower

European bourses & US futures are firmer as the post-inflation action continues ahead of IJCDXY extends the post-inflation decline towards 100.00 amid a further retreat in yieldsAntipodeans outperform, EUR & GBP also bid; as above, fixed benchmarks continue to climbCrude inches higher with a

APAC stocks traded higher as the region reacted to the softer-than-expected US inflation data while weaker-than-expected Chinese trade data failed to dampen the spirit.European equity futures are indicative of a slightly higher open with the Euro Stoxx 50 +0.1% after the cash market closed up by 1.7

European bourses are firmer across the board with Tech leading after favourable broker actionUS futures in the green but more contained ahead of CPI and Fed speakDXY continues to wane after losing 101.50, with JPY outperforming while antipodeans wane after Central Bank activityCore fixed income is m

APAC stocks traded mixed with the region cautious heading into today’s key US inflation data.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.4% after the cash market closed up by 0.7% yesterday.DXY slipped to a fresh two-month low as USD/JPY moved back below 140 and

European bourses remain firmer but off best levels as sentiment slips throughout the morningStateside, futures in-fitting though action has been more contained and they remain much closer to Unch.DXY fails to benefit from the pullback in risk appetite as CHF and JPY outperform with UST yields pullin

APAC stocks were mostly positive following the tailwinds from the US while participants also reflected on China's support efforts.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.3% after the cash market closed up by 0.5% yesterday.DXY has extended further beneath 10

European bourses are firmer across the board but diverging with their US peers currentlyUSD regains poise with Antipodeans fading and EUR noting OpEx; Scandis lead on CPI & MinutesCore fixed benchmarks are lower despite fleeting bounces ahead of data & several speakersCrude benchmarks remain

APAC stocks were mostly positive albeit with gains capped for many of the regional bourses.US equity futures lacked excitement as participants look ahead to this week's risk events including US CPI data; European equity futures are indicative of a lower open.The latest Chinese inflation data missed