The Premarket Movers & News by Newsquawk

Equities are, overall, struggling for clear direction in relatively cautious trade going into ECB; Euro Stoxx 50 -0.5%Bourses, and US futures, were lifted amid further constructive China tech developments, this time for Ant; albeit, we have drifted modestly off best since, ES +0.3%DXY remains in pro

APAC stocks were subdued following a weak handover from the US and with sentiment cautiousDXY faded the prior day's marginal gains; G10s were broadly flat with some modest outperformance in the JPYThe White House said it expects elevated inflation numbers to be released on Friday, accordin

European bourses have trimmed initial upside, Euro Stoxx 50 -0.2%, with macro newsflow limited and the initial strength primarily a continuation of APAC/Wall St. leads.Stateside, futures are modestly pressured overall but well within overnight ranges ahead of a slim docket; ES -0.4%.USD/JPY continue

APAC stocks were mostly higher following the gains on Wall St and optimism of China easing its tech crackdownDXY was rangebound near 102.50, USD/JPY printed fresh 20-year highs above 133.00, and Antipodeans saw late pressureRBI hiked by 50bps to 4.90% (exp. 40bps hike) via unanim

European bourses are modestly pressured, Euro Stoxx 50 -0.9%, with newsflow relatively limited once more and participants looking ahead to the week's risks eventsStateside, futures are in-fitting directionally, but magnitudes marginally more contained ahead of a sparse US-specific docketAUD is conta

APAC stocks traded cautiously amid upside in yields and ahead of upcoming risk events. European equity futures are indicative of a weaker open with Eurostoxx 50 -0.9% after the cash market closed higher by 1.5% yesterday.DXY remains firmer above 102.50, EUR/USD is back below 1.07 and RBA-i

European bourses are bolstered in limited newsflow as participants recoup from post-NFP pressure amid multiple China-related developmentsUS futures in-fitting with this performance and aided by the incremental China COVID developments alongside a pick-up in the regions PMIsGBP is bid, but off highs,

APAC stocks traded mixed following last Friday's post-NFP losses on Wall St; European equity futures are indicative of a firmer openDXY traded flat overnight but remained above the 102.00 level; G10s were uneventful China’s Beijing will continue to roll back its COVID-19 restrictions in most di

MON: Chinese Services PMI Final (May).TUE: RBA Announcement; EZ Sentix (Jun); EIA STEO.WED: RBI Announcement; NBP Announcement; Japanese GDP Final (Q1); EZ Employment Final (Q1) and GDP (Q1 Revisions).THU: ECB Announcement; Chinese Trade Balance (May).FRI: CBR Announcement; Chinese Inflation (May);

European cash bourses are trimming the Wall Street-induced gains seen at the open; US futures posting modest lossesNQ lags amid TSLA, -3.7% pre-mkt, CEO reportedly calling for a 10% staff reduction and saying he has a "super bad feeling" re. the economyDXY relatively rangebound, but inching higher o

US stocks staged a comeback from opening losses; the Nasdaq outperformed and the SPX closed higher by 1.8%APAC stocks took impetus from the gains in the US; Chinese markets were closed for Dragon Boat FestivalFed's Mester (2022, 2024 voter) said ongoing rate increases are needed including

European bourses are posting modest gains, Euro Stoxx 50 +0.6%, though volumes are lighter given UK Spring Bank HolidayStateside, futures are firmer across the board, ES +0.5%, with action similarly contained ahead of a busy PM docket featuring ADP and Fed's MesterDXY has pulled back to sub-102.50 s

APAC stocks followed suit to the subdued performance seen in global peers after the recent upside in yields and hawkish central bank rhetoric.European equity futures are indicative of a flat open with Eurostoxx 50 unchanged after the cash market closed lower by 1.0% yesterday.FX markets were contain

European bourses are mixed, Euro Stoxx 50 +0.2%, and have struggled to find a clear direction after mixed APAC trade with a busy docket ahead.Similar performance seen in US futures, looking to key data and numerous speakersDXY bid but relatively contained while EUR lifted but failed to advance much

APAC stocks traded mixed as risk sentiment only mildly improved from the lacklustre performance stateside.European equity futures are indicative of a firmer open with Eurostoxx 50 +0.6% after the cash market closed lower by 0.7% yesterday.DXY hovers around the 102 mark, EUR/USD holds on to 1.07 stat

European bourses are mixed, Euro Stoxx 50 -0.8%, with sentiment cautious after a mixed APAC handover and in wake of hot EZ CPI before Powell's meeting with Biden.Stateside, futures are pressured succumbing to the broader risk moves after initial cautious/contained trade.EZ Flash CPI for May surpasse

APAC stocks were mixed as most indices lacked firm direction following the lack of a US lead, month-end and mixed data.The EU has agreed to ban seaborne exports of Russian oil to the EU which covers more than two-thirds of Russian oil imports.European equity futures are indicative of a sof

APAC stocks gained as regional bourses resumed the risk momentum seen across global peers last weekBeijing has eased some COVID restrictions, whilst Shanghai moves closer to reopening EU failed to reach an agreement on the Russian oil embargo on Sunday and will conduct more talks on MondayEurop

MON: EZ Sentiment Survey (Apr).TUE: NBH Announcement; Japanese Jobs Report (Apr); Chinese PMIs; German Unemployment (May); EZ Flash CPI (May); Canadian GDP.WED: BoC Rate Decision; South Korean Trade Balance (May); Australian GDP (Q1); Chinese Caixin Manufacturing PMI Final (May); German Retail Sales

European bourses are firmer, Euro Stoxx 50 +0.9%, drawing impetus from APAC strength into month-end with catalysts thin thus far.Stateside, futures are supported with familiar themes in play pre-PCE Price Index for insight into the 'peak' inflation narrative; ES +0.4%.USD was initially pressured to

APAC stocks took impetus from the risk-on mood on Wall St where all major indices closed higher.European equity futures are indicative of a contained open with Eurostoxx 50 +0.1% after the cash market closed higher by 1.7% yesterday.DXY hovers around the 101.50 mark, EUR/USD has gained&nbs

European bourses are firmer across the board, Euro Stoxx 50 +0.7%, but remain within initial ranges in what has been a relatively contained sessionUS futures are relatively contained, ES +0.2%, with newsflow thin and on familiar themes following yesterday's minutes and before PCE on FridayJPY and GB

European bourses are firmer across the board, Euro Stoxx 50 +0.7%, but remain within initial ranges in what has been a relatively contained sessionUS futures are relatively contained, ES +0.2%, with newsflow thin and on familiar themes following yesterday's minutes and before PCE on FridayJPY and GB

APAC stocks were indecisive as risk appetite waned despite the positive handover from Wall St; SPX +0.95%, NDX +1.48%FOMC Minutes stated that most Fed officials backed 50bps hikes at the next couple of meetings; no mention of 75bpsEuropean equity futures are indicative of a softer open with Eur

The early optimism across the equity complex faded in European hours; Euro Stoxx 50 +0.4%US equity futures have trimmed earlier upside with contracts near the unchanged mark; ES +0.1%Buck built a base before Fed speak, Euro pulled back sharply, Kiwi held up well after RBNZ hike and higher OCR outloo