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US Market Open: TTF driven higher by Nord Stream 1 reductions while NQ outperforms
European bourses are firmer across the board continuing the MSFT & GOOG driven early APAC action amidst numerous European earningsUS futures are firmer across the board though the NQ +1.4% outperforms amid those after-market developments though participants are looking to the FOMCDutch TTF Aug’2
READ STORYEuro Market Open: Alphabet advertising beat & MSFT guidance lifted performance pre-FOMC and Biden-Xi
US equity futures were lifted after the bell as Alphabet’s advertising topped forecasts, whilst Microsoft initially fell on downbeat metrics but reversed course on guidanceAPAC stocks eventually traded mixed following a mostly subdued session. Eurostoxx 50 future is up 0.3% after the cash marke
READ STORYUS Market Open: Sentiment sours amid Kremlin updates, EU Energy deal & US-earnings in focus
European bourses and US futures spent much of the morning under modest pressure, with the US in particular fairly rangebound pre-earnings & Wednesday's FOMC.However, further pressure has been seen in wake of the most recent Kremlin-related commentary, with the Nord Stream 1 turbine yet to be ins
READ STORYEuro Market Open: WMT hit on a profit warning while AMZN lifts Prime prices; APAC mostly firmer
APAC stocks eventually traded mostly higher; Hang Seng outperformed as Alibaba seeks a primary HK listing.DXY declined heading into the Chinese cash open but then trimmed losses, EUR/USD saw resistance at 1.0250.Crude futures gained overnight amid a pullback in the Dollar, spot gold was flat and bas
READ STORYUS Market Open: Sentiment supported amid USD-downside and Kremlin commentary, US 2yr ahead
European bourses are firmer across the board as the initially cautious tone amid soft-Ifo and weekend developments dissipated amid USD-downside and constructive Kremlin remarksUS futures also modestly bid into the busiest Q2 earnings week and pre-FOMCUSD is under pressure on the risk tone with EUR u
READ STORYEuro Market Open: APAC stocks mostly lower, core debt consolidated & energy/geopols in focus
APAC stocks traded mostly lower; China’s property stocks and bonds rallied on reports of a potential real estate fund.DXY initially firmed before pulling back, EUR/USD traded on either side of 1.0200, and the AUD and NZD were the marginal G10 laggards.10yr UST futures and Bund futures consolidated o
READ STORYWeek Ahead - 25-29 July - Highlights: FOMC, EZ & Australian CPI, US PCE
MON: Germany Ifo Survey (Jul), US National Activity Index (Jun)TUE: NBH Announcement, US Monthly Home Prices (May), US Richmond Fed Index (Jul)WED: FOMC Announcement, Chinese Industrial Profits (Jun), Australian CPI (Q2), US Durable Goods (Jun)THU: EZ Sentiment Survey (Jul), US GDP Advance (Q2), US
READ STORYUS Market Open: European bourses resilient to PMIs though EUR dips and fixed is firmer
European bourses are resilient despite Flash PMIs for June contracting, while US futures are subdued but rangeboundDXY climbs amid EUR pressure post-PMIs, with the USD weighing on peers in turn though JPY & CHF benefit from yield actionCore debt extends on post-ECB recovery rallies amidst this a
READ STORYEuro Market Open: APAC largely higher though Europe points slightly lower, PMIs ahead
APAC stocks were mostly higher after the gains in the US but with upside capped by lingering growth concerns.European equity futures are indicative of a slightly lower open with Eurostoxx 50 -0.2% after the cash market closed with gains of 0.3% yesterday.DXY has recouped some lost ground, antipodean
READ STORYUS Market Open: BTPs & EUR dented on Draghi with ECB ahead; Nord Stream 1 resumes
European bourses gave up initial upside as Draghi resigns; however, current performance is more mixed with Nord Stream 1 flowing and earnings factoringStateside, futures are directionally in-fitting but with magnitudes more contained thus far awaiting earnings developments.DXY has benefitted from JP
READ STORYEuro Market Open: Cautious trade with ECB ahead, Draghi intends to resign & Nord Stream 1 to resume
APAC stocks traded cautiously following the mixed performance of global counterparts and amid risk events.European equity futures are indicative of a softer open with Eurostoxx 50 -0.2% after the cash market closed with losses of 0.1% yesterday.Italian PM Draghi is set to announce his intention to r
READ STORYUS Market Open: BTPs bolstered on Draghi's speech while equities are steady with earnings ahead
European bourses are modestly firmer at present as we move towards the week's key risk events and as participants had already reacted to the Nord Stream developments.US futures similarly contained before further earnings releases, including Tesla after-hours.The USD is pressured though the DXY has m
READ STORYEuro Market Open: Nord Stream related sentiment supported APAC trade, alongside a weaker USD
APAC stocks followed suit to the gains in the EU and the US where sentiment was underpinned by Nord Stream optimism and a weaker buck.European equity futures are indicative of a higher open with Eurostoxx 50 +0.2% after the cash market closed with gains of 2.2% yesterday. DXY was subdued on a 1
READ STORYUS Market Open: EUR bid and EGBs dented on ECB source reports; IBM -5.0% pre-mkt
European bourses are under modest pressure continuing with the downbeat APAC handover, with pressure from AAPL, ECB sources and IBM impacting.US futures are modestly firmer, with key earnings including NFLX ahead; IBM -5% in pre-marketEUR bid and EGBs dented on Reuters/BBG sources that a 25bp or 50b
READ STORYEuro Market Open: Pressure emanated from a reported AAPL hiring slowdown with FX & crude steady
APAC stocks mostly fell after reports of Apple slowing hiring and European energy woes stoked growth fears.European equity futures are indicative of a lower open with Eurostoxx 50 -0.8% after the cash market closed with gains of 1.0% yesterday.DXY heads into the European session flat, antipodeans le
READ STORYUS Market Open: Sentiment supported with US earnings due and FOMC blackout period underway
European bourses are firmer across the board in a continuation of and extension on the overnight risk tone, Euro Stoxx 50 +1.4%.US futures are similarly bid, as we await further earnings with key names including Goldman Sachs on the docket.DXY is under pressure to the benefit of peers across the boa
READ STORYEuro Market Open: Firmer open indicated ahead of BoE speak and US earnings
APAC stocks gained with risk appetite spurred after last Friday's firm gains on Wall St.European equity futures are indicative of a higher open with Eurostoxx 50 +0.6% after the cash market closed with gains of 2.4% on Friday.DXY sits sub-108, EUR/USD remains north of parity, USD/JPY bounced off sup
READ STORYWeek Ahead 18-22 July: Highlights include ECB, BoJ, UK/CA/NZ inflation data, UK leadership debates
SUN: UK Leadership Debate.MON: Japanese Marine Day Holiday, NZ CPI, UK Leadership Debate.TUE: UK Jobs Data.WED: PBoC, UK CPI, Canada CPI, NZ Trade Balance.THU: BoJ, ECB, CBRT, SARB, BoI, Japan Trade Balance, US Philly Fed.FRI: Japan CPI, UK Retail Sales, Flash PMIs, CBR, Canada Retail Sales.NOTE: Pr
READ STORYUS Market Open: Sentiment turning incrementally more constructive with Fed speak & Biden-Saudi ahead
European bourses are firmer across the board, as initial jittery performance dissipated with participants looking to US data and Fed speak.US futures are in the green, but only modestly so, and have been relatively contained awaiting further guidance from upcoming Fed officials on the 75bp/100bp dis
READ STORYEuro Market Open: Mixed performance with broad performance rangebound as 100bp bets unwound
APAC stocks traded mixed after the 100bps Fed rate hike bets unwound; Chinese Q2 GDP missed forecasts but June Retail Sales beat estimatesDXY was rangebound, EUR/USD was slightly firmer, USD/JPY took a breather from yesterday’s rally, and AUD/USD was softer after the Chinese growth data10yr USTs eke
READ STORYUS Market Open: Sentiment slips as we await US-banking updates, debt hit on 100bp odds
European bourses are pressured across the board, Euro Stoxx 50 -0.8%, but off worst levels while the FTSE MIB -1.9% languishes on domestic turmoilStateside, futures are off lows but in-fitting European benchmarks awaiting guidance from the key banking names due to report imminentlyTSMC beat on top-l
READ STORYEuro Market Open: Cautious APAC gains with DXY retaining 108.00 and USD/JPY surpassing 138.00
APAC stocks mostly traded with cautious gains, Nikkei 225 outperformed, and US equity futures were rangebound overnightDXY remained above the 108.00 level and closer to 108.50, EUR/USD weakened, and USD/JPY extended above 138.0010yr USTs declined after the post-CPI fluctuations, Bunds continued to r
READ STORYUS Market Open: Choppy and indecisive equity action pre-CPI, USD & core debt fade somewhat
European bourses are pressured and towards the mid-point of the morning's parameters as we await US inflation dataUS futures more resilient, but similarly choppy, pre-CPI; ES +0.2%DXY continues to modestly ease, but remains above 108.00; as GBP benefits from UK data while EUR/USD lifts away from par
READ STORYEuro Market Open: Incrementally positive APAC trade, RBNZ hiked 50bp; US CPI ahead
APAC stocks were mostly positive as the region shrugged off the weak lead from Wall St; US equity futures eked marginal gains overnightDXY lacked firm direction after the prior day’s choppy price action, EUR/USD was contained, and USD/JPY saw a rebound10yr USTs marginally weakened, Bunds were lower,
READ STORYUS Market Open: China's COVID updates dent sentiment, EUR/USD probes parity
European bourses are pressured in a broad China-COVID driven risk move, Euro Stoxx 50 -0.5%; alongside known concerns and a dismal ZEWStateside, futures are lower across the board; NQ choppy amid rate action and post-PEP earningsDXY continues to climb while EUR/USD probes parity and the JPY regroups
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