The Premarket Movers & News by Newsquawk

European bourses trade on the backfoot with selling pressure having picked up since the cash open; Chinese markets were closed overnight.US equity futures are also softer on the session, albeit to a lesser extent than European peers with the ES just about holding around the 4400 mark.SNB’s rate hike

Fed Chair Powell, when asked about the two hikes pencilled into the dot plot, responded "That's a pretty good guess of what will happen".Fed's Bostic (non-voter) said that rates should stay where they are for the rest of the year.APAC stocks were mostly lower following the tech-led declines on Wall

European bourses are indecisive with the main macro story of the session thus far coming via UK inflation metrics.GBP only knee-jerked higher on the hotter-than-expected CPI before shedding all and more of its gains on economic implications of further BoE tightening.DXY is firmer pre-Powell whilst t

To download the report, please click here If you would like to subscribe to receive the research sheets directly in your inbox, you can now do so under the Research Suite section of the portal. To subscribe simply check the box next to "Email these reports" under the desired category. BoE rate

APAC stocks were mostly subdued following the negative handover from Wall St amid the lack of bullish macro drivers.European equity futures are indicative of a slightly higher open with the Euro Stoxx 50 +0.3% after the cash market closed down 0.4% yesterday.In FX, DXY lingers above 102.50, EUR/USD

European bourses & US futures are pressured ahead of the return of US participants and key Fed speakersDXY has drifted after a brief/small extension to 102.62, JPY rebounds though notes OpEx while AUD lags after RBA MinutesPBoC cut the LPRs as expected, though the 5yrs magnitude disappointed som

APAC stocks were mostly lower in the absence of a lead from Wall St and as markets digested the PBoC’s cuts to its benchmark lending rates.As expected, China lowered its 1-year LPR after similar cuts to short-term funding rates but disappointed those anticipating a deeper 15bps cut for the 5-year LP

APAC stocks were mostly negative following last Friday's losses on Wall St, while risk appetite was also contained as markets digested US-China talks.The meeting between US Secretary of State Blinken and Chinese Foreign Minister Qin was said to be candid, substantive and constructive although it lac

Week Ahead June 19-23rdMON: US Juneteenth Market HolidayTUE: PBoC LPR Announcement, RBA Minutes, NBH Announcement, German PPI (May), US Building Permits (May)WED: BoC Minutes, BCB Announcement, CNB Announcement, UK Inflation (May), New Zealand Trade Balance (May)THU: BoE Announcement, SNB Announceme

European bourses are firmer across the board and largely unphased by numerous ECB speakersStateside, futures post modest gains and await the likes of Fed’s Waller and Barkin as the blackout liftsDXY has lifted off-lows with Yen assisting post-BoJ while EUR pivots OpEx and GBP continues to advanceFix

APAC stocks traded higher following the gains on Wall St where the major indices were lifted alongside a weaker dollar and softer yields.The BoJ refrained from any hawkish surprises and maintained its ultra-easy policy settings.European equity futures are indicative of a slightly higher open with th

European bourses & US futures trade on the backfoot post-FOMC and pre-ECBDXY propped up, AUD outperforms following a strong jobs report whilst NZD lags as it enters a recessionJPY majorly lags on the prospect of even wider BoJ-Fed divergence ahead of Friday’s meetingCore benchmarks slip and exte

The Fed left rates unchanged as expected whilst revising the dot plots higher which are now indicative of two more 25bp hikes this year.Fed Chair Powell distanced himself from the dot plots in the press conference whereby he noted that projections are not a plan or a decision.US stocks finished

Equity bourses are firmer with the general risk tone constructive pre-FOMCUSD continues to wane and nears 103.00 to the modest benefit of peers, Antipodeans lead G10sGBP is firmer post-GDP while EUR/USD is drawn to hefty 1.08 expiriesUSTs bid before the Fed, Bunds slip after soft issuance and Gilts

APAC stocks were somewhat mixed with the region's bourses mostly tentative despite gains on Wall Street.US stocks were firmer after the latest CPI data all but confirmed the likelihood of an unchanged Fed rate.European equity futures are indicative of a softer open with the Euro Stoxx 50 -0.1%

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European bourses &amp; US futures are firmer but off best levels in a continuation of Monday’s action and ahead of US CPINQ is the outperformer as the tech sector benefits from Oracle strength post-earningsUSD dips pre-inflation while GBP lifts post-jobs/wages, Yuan attempts to recover after PBoC ac

APAC stocks eventually traded mostly higher following the gains on Wall St where the S&amp;P 500 and Nasdaq 100 notched fresh YTD highs.Nikkei 225 resumed its outperformance and breached the 33,000 level for the first time in over three decades.European equity futures are indicative of a higher open

European bourses &amp; US futures are firmer despite a distinct lack of fresh drivers ahead of the week’s key eventsDXY wanes with Antipodeans firmer, EUR rebounding towards 1.08 and GBP bid post-HaskelGilts underperform generally subdued core benchmarks following BoE remarks while BTPs and JGBs buc

APAC stocks traded mixed with the region mostly cautious at the start of a risk-packed week.US equity futures were flat overnight; European equity futures are indicative of a marginally higher open.DXY was marginally positive amid the cautious mood but with price action kept within a thin range; USD

&nbsp;MON: NY Fed Survey of Consumer Expectations.TUE: OPEC MOMR, German Final CPI (May), UK Jobs Data (Apr/May), German ZEW Survey (Jun), US CPI (May).WED: FOMC Announcement, IEA OMR (2024 Forecast), UK GDP (Apr), Swedish CPIF (May), EZ Industrial Production (Apr), US PPI (May), New Zealand GDP (Q1

European bourses &amp; US futures are contained with newsflow limited and the docket ahead sparseUSD/JPY lifted by dovish BoJ sources with the DXY firmer and above 103.50, Yuan hit on soft CPIFixed benchmarks relatively rangebound into the weekend and looking to next week’s key eventsCrude pivots pa

APAC stocks traded mostly higher following the gains on Wall St where the S&amp;P 500 entered a bull market and tech outperformed.European equity futures are indicative of a marginally higher open with the Euro Stoxx 50 +0.1% after the cash market closed up 0.1% yesterday.DXY is contained just below

European bourses &amp; US futures are mixed flat with updates limited in quiet newsflowDXY continues to pullback below 104.00 with G10s firmer across the board and activity-FX outperformingCore benchmarks continue to pullback but are off session lows with USTs contained pre-IJC &amp; refundingCommod