The Premarket Movers & News by Newsquawk

APAC stocks mostly gained as the region took impetus from Friday's rally on Wall St and strong US jobs data.Fed's Bullard (non-voter) said he thinks the Fed will ultimately have to grind higher on rates because of forecasts for a slower decline in inflation than others.US President Biden is to meet

Week Ahead May 8-12thMON: UK Bank Holiday, EZ Sentix Index (May), German Final CPI (Apr), Fed SLOOSTUE: Riksbank Minutes, NBH Announcement, EIA STEO, Chinese Trade Balance (Apr)WED: Norwegian CPI (Apr), US CPI (Apr)THU: BoE Announcement, BoJ Summary of Opinions, OPEC MOMR, Chinese Inflation (Apr), U

European bourses and US futures are firmer despite the mixed APAC session as participants await NFPWithin this, DAX 40 outperformers aided by German electricity adjustments and strong Adidas earnings.ABA is urging the SEC to investigate short-selling activity while the White House is hopeful on avoi

APAC stocks traded mixed after the weak lead from the US where risk sentiment was subdued by banking-related headwinds.US federal and state officials are reportedly assessing possible market manipulation regarding banking shares.European equity futures are indicative of a higher open with the Euro S

European bourses are pressured following the subdued APAC/US handover, stateside performance is currently mixed/rangebound with a focus on regional banks/earnings.DXY nears 101.50 from a 101.02 base as the Euro failed to eclipse 1.11 with peers contained ex-out/underperformance in NZD and CHFCr

For the full preview, please click here.The consensus among analysts and market pricing is that the ECB will opt for a 25bps hike in the Deposit Rate to 3.25%. Policymakers have indicated that the options are between a 25bps and 50bps hike, with the aim of bringing inflation back to target. Consider

Fed delivered a 25bps hike and opened the door to a pause, although Powell was reluctant to officially call it one and pushed back on talk of rate cuts.PacWest Bancorp (PACW) is said to weigh strategic options including a sale, according to Bloomberg.APAC stocks were mixed in the aftermath of the FO

European futures are on the front-foot with US futures in-fitting after Tuesday's regional banking pressure.DXY continues to slip as USTs advance pre-FOMC, NZD leads while EUR and GBP eye 1.1050 and 1.2550.Crude benchmarks came under marked pressure despite limited fresh catalysts as focus remains o

APAC stocks were mostly negative following the losses on Wall St amid regional bank jitters which resulted in the regional banking ETF closing down by over 6%.White House said they have the tools necessary to keep the banking system safe and the FDIC will continue to monitor the banking situati

European bourses mostly softer in catch-up trade from the long weekend, US futures similar with attention on the Fed, debt ceiling & earningsAUD outperforms after a RBA hike and hawkish guidance, DXY picking up above 102.00 after pivoting the figure while EUR & GBP fadeEGBs softer in correct

APAC stocks traded with a slight positive bias as many of the regional participants returned to the market from the long weekend.The RBA surprised markets with a 25bps rate increase, while the central bank's language remained hawkish with the Board expecting some further tightening of monetary polic

MON: South Korean Import/Export Growth (Apr), US S&P Global Manufacturing PMI Final (Apr), US ISM Manufacturing PMI (Apr), European Labour Day Holiday, UK Early May Bank HolidayTUE: RBA Announcement, South Korean CPI (Apr), German Retail Sales (Mar), EZ Flash CPI (Apr), US Durable Goods R (Mar),

European sentiment pressured by Flash-Prelim. growth data while earnings remain in focusA dynamic that has eased somewhat since the EZ-wide figure, Euro Stoxx 50 -0.7%, with attention on upcoming US data points/earningsAMZN initially rose but is currently -2% in pre-market with the focus on AWS; in

APAC stocks were positive after taking impetus from the rally on Wall St while the region also digested a slew of earnings, data and the BoJ.BoJ kept policy settings unchanged, tweaked its forward guidance which remained dovish and announced it is to conduct a policy review.Amazon shares initially&n

European bourses relatively contained but with an underlying positive skew after a deluge of earnings.NQ outperforms post-META (+11% pre-market) with AMZN, among others, ahead.DXY edges above 101.50 with antipodeans outperforming while JPY and CHF are undermined by yields.EGBs remain subdued but hav

APAC stocks traded mixed with most of the major indices subdued amid the banking sector headwinds in the US and as participants digested a deluge of earnings releases.European equity futures are indicative of a weaker open with Euro Stoxx 50 future -0.3% after the cash market closed lower by 0.7% ye

European bourses are lower across the board, continuing the APAC tone with regional earnings impacting Industrial & Tech.Stateside, futures are mixed with pronounced NQ outperformance with GOOGL +1.1% & MSFT +7.9% in pre-market trade.SEK crushed after dovish 50bp Riksbank hike, DXY further b

APAC stocks were mostly lower after the losses on Wall St where banking sector fears resurfaced as First Republic Bank shares fell by 50%.First Republic (FRC) is struggling to come up with a viable solution such as a sale of all or part of the bank, according to the FT.US equity futures found s

European bourses are under pressure continuing the APAC handover with drivers light ex-earnings.SMI outperforms following Nestle, Novartis and ABB while Banking names lag after UBS and Santander.Stateside, futures are lower; FRC -19.5% in pre-market as deposits miss expectation.DXY firmer but at the

APAC stocks were mostly lower after the mixed performance in the US with the mood in the Asia-Pac region also contained amid the closures in Australia and New ZealandBoJ Governor Ueda said the BoJ sees it appropriate to maintain YCC and easy monetary policyEuropean equity futures are indicative of a

European bourses/US futures are posting marginal losses in a relatively slow start to a packed week.DXY has slipped towards 101.50 with CHF & EUR outperforming while AUD & JPY lag though overall action is limited.Gilts are flat and leading a modest retreat in EGBs with Bunds pressured by Ifo

APAC stocks were mixed after the lack of macro drivers over the weekend and as participants brace for this week’s key eventsEuropean equity futures are indicative of a contained open with Euro Stoxx 50 future -0.1% after the cash market closed higher by 0.5% on FridayDXY was uneventful on a 101 hand

MON: German Ifo Survey (Apr).TUE: Riksbank Announcement, South Korean GDP (Q1), US Richmond Fed Index (Apr), New Zealand Trade Balance (Mar)WED: BoC Minutes, Australian CPI (Mar/Q1), US Durable Goods (Mar).THU: CBRT Announcement, EZ Business Climate (Apr), US GDP Adv. (Q1)/ PCE Prices Adv. (Q1).FRI:

European bourses are mixed/flat overall, as the complex reverted back to opening parameters after a hawkish move lower on the regions Flash PMIs; US futures in-fittingDXY firmer but back below 102.00, JPY outperforms while Antipodeans lag. GBP hit on retail sales and as EUR lifts on PMIs, though OpE

APAC stocks were mostly lower as the region tracked the losses on Wall St where risk sentiment was subdued after mixed earnings releases and disappointing US data.European equity futures are indicative of a contained open with Euro Stoxx 50 future +0.1% after the cash market closed lower by 0.2% yes