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7 Jul 2023 · 13:10

Week Ahead Preview: US and China CPI; BoC, RBNZ, BoK; ECB and Riksbank Minutes; UK Data

MON: Riksbank Minutes, Bank of Israel Announcement, Chinese Inflation (Jun), Norwegian CPI (Jun), Chinese New, Yuan Loans (Jun)TUE: EIA STEOWED: BoC Announcement, RBNZ Announcement, German CPI Final (Jun), UK Jobs Data (May/Jun), German ZEW Survey (Jul), US CPI (Jun)THU: ECB Minutes, BoK Announcemen

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7 Jul 2023 · 10:06

US Market Open: JPY bid, European bourses tilt to the upside, though trade is tentative ahead of NFP

European bourse began in the red, but have since moved modestly into the green; US futures remain softer pre-NFPJPY continues its comeback as spreads tighten to the detriment of the USD, index tethered to 103.00Fixed income has resumed its downward trajectory despite initial two-way action, benchmar

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7 Jul 2023 · 05:40

Europe Market Open: Softer equity trade but action is more contained elsewhere pre-NFP

APAC stocks were mostly lower amid spillover selling from global peers including in the US where the major indices were pressured.DXY remained confined to within a narrow range as price action calmed down from yesterday’s fluctuations, USD/JPY traded on both sides of the 144.00 level.European equity

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6 Jul 2023 · 10:20

US Market Open: Sentiment slips as growth concerns draw focus, yields continue to climb

European bourses and US futures are pressured as growth concerns draw focus before key US dataCyclicals lag while defensives outperform, but remain red; Meta is bolstered as Threads launchesDXY slips post-Minutes while USD/JPY reverses through 144.00 and Antipodeans lead despite risk aversionGilts g

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6 Jul 2023 · 05:30

Europe Market Open: Ongoing yield upside and recent soft data pressured APAC, US data due

APAC stocks were mostly lower following the post-Independence Day hangover in the US owing to recent weak global data releases and a rising yield environment.The FOMC Minutes provided little to deviate from the current view of future rate increases - almost all participants judged it appropriate or

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5 Jul 2023 · 10:35

US Market Open: Risk sentiment dips amid weak PMIs, USD & USTs tentative ahead of FOMC Minutes

European bourses are in the red after bleak EZ and Chinese PMI data, US futures similarly downbeat pre-FOMC MinutesCrude initially pressured on the above but lifted by Saudi commentary from the OPEC+ seminarDXY remains in close proximity to 103.00, with JPY benefitting from a broader yield pullback

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5 Jul 2023 · 05:30

Europe Market Open: Subdued APAC action given a lack of US handover alongside soft Caixin PMIs

APAC stocks were mostly lower following the holiday lull stateside and as participants digested the latest Chinese Caixin Services PMI data.DXY eked mild gains and retained the 103.00 status with price action rangebound after the Independence Day celebrations in the US.Crude futures faded some of th

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4 Jul 2023 · 05:30

Europe Market Open: Rangebound trade on US Independence Day, RBA kept rates on hold

APAC stocks traded mixed with the regional bourses mostly rangebound amid the holiday-thinned conditions statesideDXY traded rangebound, EUR/USD and GBP/USD lacked direction, USD/JPY was choppy, AUD slipped after the RBA.The RBA decided to keep rates on hold, but maintained a hawkish tone and kept t

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3 Jul 2023 · 10:30

US Market Open: TSLA outperforms on record Q2 deliveries while Crude lifts on Saudi & Russian action

European bourses are firmer with sectors similarly supported while US futures are incrementally higher pre-ISM and after a constructive APAC handoverTesla outperforms in the pre-market after record Q2 deliveries, TSLA +6.2%In FX the USD recovers post-Friday’s data while CHF lags post-CPI, EUR hit on

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3 Jul 2023 · 05:30

Europe Market Open: Chinese Caixin Manufacturing PMI surpassed forecasts, US ISM due

APAC stocks began the new trading month on the front foot with momentum from last Friday's rally on Wall Street; European equity futures are indicative of a marginally higher open.DXY was contained ahead of the thinned conditions stateside where markets will close early owing to tomorrow’s Independe

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30 Jun 2023 · 11:57

Newsquawk Week Ahead July 3-7th: Highlights include FOMC Minutes, US ISMs, RBA, BoJ Tankan, US & Canada jobs reports

Week Ahead July 3-7thMON: BoJ Tankan Survey (Q2), Chinese Caixin Manufacturing PMI Final (Jun), Swiss CPI (Jun), EZ/UK/US Manufacturing PMI Final (Jun), US ISM Manufacturing PMI (Jun)TUE: RBA Announcement, NBH Announcement, South Korean CPI (Jun), German Trade Balance (May),WED: FOMC Minutes, Chines

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30 Jun 2023 · 09:58

US Market Open: Equities are firmer while bonds dip and Dollar's bid ahead of US PCE

European bourses trade on the front-foot with the Stoxx 600 on track to close the week out with gains, with little action seen on the EZ Flash CPI metrics.US equity futures are around flat/tilting higher ahead of today’s key PCE data for May, before traders head out for the long Independence Day hol

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30 Jun 2023 · 05:27

Europe Market Open: Asian stocks mostly traded with cautious gains amid the higher global yield environment and slew of data at quarter-end

APAC stocks mostly traded with cautious gains as participants digested a slew of data releases at quarter-end.Chinese Manufacturing PMI matched estimates and Non-Manufacturing PMI was slightly softer-than-expected although remained in a firm expansion.European equity futures are indicative of a slig

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30 Jun 2023 · 05:27

Europe Market Open: Asian stocks mostly traded with cautious gains amid the higher global yield environment and slew of data at quarter-end

APAC stocks mostly traded with cautious gains as participants digested a slew of data releases at quarter-end.Chinese Manufacturing PMI matched estimates and Non-Manufacturing PMI was slightly softer-than-expected although remained in a firm expansion.European equity futures are indicative of a slig

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29 Jun 2023 · 09:35

US Market Open: ES holds above 4,400, Fed's Chair Powell spoke in Madrid, Riksbank hiked 25bps

European bourses trade with little in the way of firm direction following a similarly indecisive close on Wall Street yesterday.US equity futures are around flat with the ES holding above the 4400 mark.Fed Chair Powell revealed his expectations for Friday’s PCE data (Core PCE likely rose 4.7% Y/Y in

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29 Jun 2023 · 05:28

Europe Market Open: Asian stocks traded mixed heading into quarter-end and as global markets digested the slew of central bank rhetoric from the Sintra Forum

APAC stocks traded mixed amid some indecision heading closer towards month/quarter/half-year end and after the choppy performance stateside.US bank shares were marginally supported after-hours following the Fed's stress test results which all 23 of the largest banks passed.European equity futur

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28 Jun 2023 · 09:53

US Market Open: Equities firmer, Bonds bid, Antipodeans slip & NQ lags following chip restrictions

European bourses trade on the front foot as the region plays catch up to the afternoon gains on Wall Street.DXY defies gravity given negative rebalancing signals on spot month, Q1 and H1-end, as the index continued to pivot 102.50.Debt futures overcame several wobbles before establishing a more soli

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28 Jun 2023 · 05:28

Europe Market Open: Asian stocks traded mixed ahead of key Sintra speakers and with the US considering new curbs on AI chip exports to China

APAC stocks traded mixed and only partially sustained the momentum from Wall St. which was led higher by tech. Softer-than-expected monthly CPI data from Australia added to the bets for the RBA to keep rates unchanged at next week’s meeting.European equity futures are indicative of a marginally

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27 Jun 2023 · 10:30

US Market Open: European bourses choppy and EUR boosted amid hawkish vibes at ECB Sintra

European bourses have been edging lower throughout the morning despite the enthusiasm seen ahead of the cash open, with the ECB Sintra Forum underway.DXY is on a softer footing intraday with the range on either side of 102.50, whilst prelim rebalancing models tilt Dollar-negative.Debt futures have e

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27 Jun 2023 · 05:28

Europe Market Open: Asian stocks are mostly higher after risk sentiment gradually improved from Wall St's tech losses

US stocks finished predominantly lower with underperformance in the Nasdaq, whilst small caps were resilient and the Russell 2000 closed in the greenAPAC stocks were mostly positive as the risk tone improved following the predominantly negative handover from the USEuropean equity futures are indicat

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26 Jun 2023 · 10:10

US Market Open: Equities slip, JPY outperforms, havens bid following German Ifo; ECB's Lagarde ahead

European bourses trade on the backfoot following on from the soft close in the US on Friday with losses having picked up since the cash open.DXY is caged to a tight range on either side of 102.75, EUR looks heavy after bleak German Ifo data, and Yen is among the outperformers.Safe havens are bid acr

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26 Jun 2023 · 05:24

Europe Market Open: Asia-Pac stocks were mostly subdued after Friday's losses on Wall St and a weekend dominated by a brief Russian mutiny

APAC stocks traded mostly subdued after Friday's losses on Wall St with weekend newsflow dominated by the brief uprising of the Wagner Group in Russia.Wagner Group chief Prigozhin accepted a proposal by Belarusian President Lukashenko to stop the movement of his troops to Moscow.European equity futu

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23 Jun 2023 · 13:37

Week Ahead June 26-30th: Highlights include US PCE, EZ Flash CPI, Canadian CPI, Riksbank and ECB TLTRO

Week Ahead June 26-30thMON: BoJ SOO, German Ifo Survey (Jun)TUE: Canadian CPI (May)WED: ECB TLTRO-III.4 Operation Matures, German GfK (Jul), Italian CPI (Jun)THU: Riksbank Announcement, Japanese Retail Sales (May), EZ Sentiment Survey (Jun), German Prelim. CPI (Jun), US GDP Final (Q1) and PCE (Q1)FR

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23 Jun 2023 · 10:25

US Market Open: Risk off returns following weak PMIs, with equities downbeat, USD & bonds bid

European bourses trade on the backfoot with sentiment in the region subdued after the Flash PMIs sounded recessionary warnings.US equity futures are also lower on the session with the ES briefly dipping under 4,400.Havens (ex-CHF) are bid on the back of the risk aversion while industrial commodities

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23 Jun 2023 · 05:24

Europe Market Open: Asian stocks faltered following the recent slew of central bank activity ahead of PMIs in Europe and US

US stocks finished mixed. Nonetheless, the S&P 500 and Nasdaq 100 snapped their recent losing streaks with outperformance in the latterAPAC stocks failed to sustain an early positive bias and faltered following the mixed performance statesideEuropean equity futures are indicative of a softer ope

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