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Euro Market Open: Choppy/rangebound equity action ahead of numerous European highlights incl. HICP
APAC stocks were choppy and mostly traded rangebound after the uninspiring handover from Wall Street.European equity futures are indicative of a marginally softer open with the Euro Stoxx 50 -0.1% after the cash market closed down 0.5% yesterday.DXY heads into the European session firmer vs. peers b
READ STORYUS Market Open: Equities and Yuan bid on Chinese PMIs, Bailey boosts Gilts; US ISM & Kashkari ahead
Both European and US equity futures are firmer, in a continuation of the data-inspired APAC handover; US ISM & Fed speak aheadSpecifically, the data released included the fastest pace of expansion for Chinese Manufacturing PMI in more than a decade.DXY has been pressured by marked Yuan action, w
READ STORYEuro Market Open: APAC boosted amid firmer PMIs, US ISM Manufacturing & German prelim. CPI ahead
APAC stocks were mostly positive as the region digested a slew of data releases.Official Chinese PMI printed its highest level since April 2012 and Caixin Manufacturing PMI also returned to expansion territory.European equity futures are indicative of a contained open with the Euro Stoxx 50 +0.1% af
READ STORYUS Market Open: Equities recover from inflation-induced pressure, bonds remain underwater
European bourses are mixed/flat, Euro Stoxx 50 +0.1%, as the initial pressure from hot French/Spanish inflation readings has eased through the morning.US futures in-fitting with the above ahead of Fed speak; AAPL lower on Foxlink, CVX higher post-buyback update.DXY is firmer, but is closer to the se
READ STORYEuro Market Open: Firmer Wall St. handover faded into month-end, GBP awaits the DUP
APAC stocks eventually traded mixed heading into month-end and despite the early momentum from the positive close on Wall St.European equity futures are indicative of a flat open with the Euro Stoxx 50 Unch. after the cash market closed up 1.7% yesterday.DXY is a tad firmer but remains sub-105, anti
READ STORYUS Market Open: US futures firmer, core fixed downbeat and GBP outperforming; Jefferson & data due
European bourses are firmer across the board, Euro Stoxx 50 +1.8%, after a cautious APAC handover following Friday's selling pressure.Stateside, futures are currently posting more modest upside of around 0.5% with Fed's Jefferson (voter) due.DXY is softer but remains above 105.00 with GBP outperform
READ STORYEuro Market Open: Tentative month-end trade; N. Ireland deal could be announced today
APAC stocks traded cautiously heading into month-end and following on from the soft close on Wall St. on Friday.European equity futures are indicative of a slightly positive open with the Euro Stoxx 50 +0.1% after the cash market closed down 1.9% on Friday.DXY sits on a 105 handle, JPY marginally le
READ STORYWeek Ahead: Highlights include US ISM, BoJ Governor nominee, China PMI, EZ flash inflation, ECB minutes
MON: EZ Economic Sentiment (Feb), US Durable Goods (Jan), Japanese Retail Sales (Jan), German Prelim. CPI (Feb).TUE: NBH Announcement, Canadian GDP (Q4), US CaseShiller (Dec).WED: Australian CPI (Jan) and GDP (Q4), Chinese Official PMIs (Feb), Chinese Caixin Manufacturing Final PMI (Feb), EZ, UK, US
READ STORYUS Market Open: DXY bid, USTs slightly softer and US equities edging lower pre-PCE/Fed speak
European bourses are contained/slightly firmer, with fresh drivers limited as the focus is on geopolitics and upcoming US data.Stateside, futures are softer but with the ES just above 4k, the NQ is the laggard following some recent pressure in the fixed income complex.DXY remains firmer on the sessi
READ STORYEuro Market Open: Ueda said current BoJ policy is appropriate; US PCE & Fed speak ahead
APAC stocks traded mostly rangebound after the choppy but positive performance on Wall St.BoJ Governor nominee Ueda noted that current monetary policy is appropriate and Japan still needs more time for inflation to sustainably hit 2%.European equity futures are indicative of a higher open with the E
READ STORYUS Market Open: NQ outperforms given NVIDIA strength, Gilts lag post-Mann
European bourses are firmer on the session with a hefty earnings docket dictating action after an uninspiring APAC handover.Stateside, futures are broadly-speaking in-fitting with Europe though the NQ +0.7% outperforms given tailwinds from NVIDIA's after-market update.The DXY continues to grind high
READ STORYEuro Market Open: Rangebound APAC trade post-FOMC Minutes, multiple BoE/Fed speakers ahead
APAC stocks lacked firm direction with price action mostly rangebound amid the mixed US close and with Japanese markets closed.FOMC minutes noted a few participants favoured a 50bps hike and all agreed more rate hikes are needed.European equity futures are indicative of a higher open with the E
READ STORYUS Market Open: Hawkish action continues pre-FOMC Minutes/Williams; fixed off worst post-supply
European bourses are softer across the board as hawkish price action remains in full swing, US futures contained pre-Minutes.DXY remains underpinned by haven dynamics to modest detriment of peers ex-NZD after a 50bp RBNZ hike and guidance for further tightening.Core fixed has bounced following well-
READ STORYEuro Market Open: Hawkish price action remains in play post Wall St., RBNZ hiked 50bp
APAC stocks were subdued after the declines on Wall St (S&P 500 -2.0%) where strong PMI data prompted hawkish central bank repricing.European equity futures are indicative of a softer open with the Euro Stoxx 50 -0.2% after the cash market closed down 0.5% yesterday.DXY maintains 104 status, ant
READ STORYUS Market Open: Broad based hawkish action in-play post-PMIs with geopolitics factoring
European bourses & US futures remain negative but have lifted from the trough that occurred amid the morning's Flash PMIs; further pressure seen post-HD earnings.DXY has derived support from upside in US yields, risk aversion and a loss of momentum in some peers, with the index holding around 10
READ STORYEuro Market Open: Asia-Pac trade was mostly rangebound after a non-existent lead from the US, while the region also digested earnings and mixed PMI data
APAC stocks were subdued with trade mostly kept rangebound in the absence of a lead from Wall Street.European equity futures are indicative of a softer open with the Euro Stoxx 50 -0.1% after the cash market closed down 0.1% yesterday.DXY is marginally firmer and back on a 104 handle, FX market
READ STORYEuro Market Open: Tentative trade with geopolitical developments in focus going into a US holiday
APAC stocks eventually traded mostly higher but with price action cautious amid geopolitical tensions.US-China tensions lingered after China warned against the US escalating the situation regarding the balloon incident.North Korea test-fired an ICBM and conducted a multiple-rocket launcher drill.Eur
READ STORYWeek Ahead February: Previewing FOMC mins, US PCE; Flash PMIs; RBNZ; Japan CPI, BoJ nominee hearings
MON: Bank of Israel Announcement, Bank of Indonesia Announcement, PBoC LPR, Riksbank Minutes (Feb), Swedish CPIF (Jan), EZ Consumer Confidence Flash (Feb), New Zealand PPI (Q4), Canadian Family Day Holiday, US Washington’s Birthday.TUE: RBA Minutes (Feb); EZ, UK, US Flash PMIs (Feb), German ZEW Surv
READ STORYUS Market Open: Hawkish price action in full swing amid a myriad of factors, Bowman & Barkin ahead
European bourses & US futures are pressured amid a myriad of hawkish factors, Euro Stoxx 50 -1.0% & ES -0.8%, with more Fed officials scheduled.As such, the USD is bolstered with Antipodeans lagging while EUR & GBP are the relative outperformers, though lower vs USD, given domestic hawki
READ STORYEuro Market Open: Sentiment slips following a soft US handover with more Fed speak scheduled
APAC stocks traded negatively as the regional bourses took their cues from the weak performance statesideEuropean equity futures are indicative of a lower open; US equity futures remained subdued heading into a long weekend (ES -0.5%)DXY extended on gains above the 104.00 level amid the higher yield
READ STORYUS Market Open: Marginally firmer sentiment with action rangebound amid limited catalysts thus far
European bourses are firmer across the board, Euro Stoxx 50 +0.6%, in a continuation of APAC trade with fresh developments somewhat limited ex-earnings.Stateside, futures are little changed overall ahead of data/Fed speak.DXY has come under some modest pressure throughout the morning in what is more
READ STORYEuro Market Open: Sentiment remains buoyed from the US handover, numerous Central Bank speakers loom
APAC stocks gained as the region took impetus from the US where participants digested a slew of data releases including stronger-than-expected retail sales.European equity futures are indicative of a positive open with the Euro Stoxx 50 +0.4% after the cash market closed up 1.0% yesterday.DXY is bac
READ STORYUS Market Open: USD benefits from marked GBP underperformance, US futures softer pre-data
European bourses ex-FTSE 100 are in the green though US futures remain lower after choppy APAC trade, ES -0.4% pre-dataDXY is benefitting from marked GBP pressure following UK CPI, with Cable sub-1.21 and the index holding around 103.50 though off 103.63 bestGilts are significantly outpacing their E
READ STORYEuro Market Open: Sentiment slipped after US CPI & subsequent Fed speak, supply and US data ahead
APAC stocks were mostly lower following the choppy performance on Wall Street as markets digested sticky US inflation data and subsequent Fed commentary.European equity futures are indicative of a softer open with the Euro Stoxx 50 -0.2% after the cash market closed up 0.1% yesterday.DXY is a touch
READ STORYUS Market Open: DXY sub-103.00, USTs and US equity futures slightly firmer pre-CPI
European bourses are modestly firmer, Euro Stoxx 50 +0.3%, in relatively limited newsflow following a mixed APAC with US futures in-fitting pre-CPI.The DXY has been pushed modestly below 103.00 and resides at the lower-end of 102.90-103.26 parameters pre-CPI; GBP & EUR outperform, NZD lags.Repor
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