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Euro Market Open: APAC stocks were mostly positive; RBNZ hiked with a hawkish tone
APAC stocks were mostly positive but with gains capped and price action choppy after a lacklustre lead from global counterparts.European equity futures are indicative of a higher open with Eurostoxx 50 +1.0% after the cash market closed with losses of 1.6% yesterday.DXY eyes 102 to the upside, EUR/U
READ STORYUS Market Open: Risk aversion remains amid Snap, hawkish-Lagarde and weak EZ/UK PMIs; Powell ahead
European bourses are subdued following the Snap-headwind, further hawkish ECB rhetoric and disappointing Flash PMIs; particularly for the UK, Euro Stoxx 50 -0.9%.US futures are similarly subdued and the Nasdaq, -1.7%, is taking the brunt of the pressure as tech names are hit across the board, ES -1.
READ STORYEuro Market Open: US tech's Snap-induced pressure reverberated into APAC trade, Powell ahead
APAC stocks mostly declined after Snap's profit warning soured risk sentiment and weighed on US tech names.US President Biden said there is no change to the policy of strategic ambiguity regarding Taiwan.European equity futures are indicative of a weaker open with Eurostoxx 50 -0.6% after the cash m
READ STORYUS Market Open: Mixed/modestly firmer performance amid China COVID updates; EUR lifted on Lagarde
European bourses are mixed/modestly-firmer, Euro Stoxx 50 +0.3%, as the initial upside momentum waned amid fresh China COVID updates and hawkish ECB commentaryStateside, futures are firmer but similarly off best levels, ES +0.5%, with recent/familiar themes very much in focus ahead of a thin US-spec
READ STORYEuro Market Open: COVID concerns caused mixed APAC performance amid positive Ukraine updates
APAC stocks were mixed as momentum waned due to China's COVID woes and record Beijing infectionsAustralian Labor Party leader Albanese was elected as Australia’s PM and was sworn in on MondayRussian negotiator Medinsky said Russia is ready to continue stalled peace talks with UkraineEuropean equity
READ STORYWeek Ahead 23-27th May: Highlights include FOMC minutes, US PCE data, Flash PMIs, RBNZ
SAT: Australia Federal Election.SUN: Davos World Economic Forum (22nd-26th May).MON: German Ifo Survey (May); New Zealand Retail Sales (Q1); ISM Semi-Annual Economic Forecast.TUE: EZ, UK, US Flash PMIs (May).WED: FOMC Minutes; RBNZ Announcement; German Prelim CPI (May); US Durable Goods (Apr).THU: B
READ STORYUS Market Open: European indices have started the week's last trading day positively and have extended on gains in early trade
European indices have started the week's last trading day positively and have extended on gains in early tradeUS equity futures have also been trending higher since the reopening of futures trading overnightDXY bound tightly to 103.000, but only really firm relative to Yen on renewed risk appetiteDe
READ STORYEuro Market Open: APAC stocks picked themselves up from recent losses as risk sentiment improved from the choppy US mood
APAC stocks picked themselves up from recent losses as risk sentiment improved from the choppy US mood; S&P 500 -0.6%.European equity futures are indicative of a higher open with Eurostoxx 50 +1.1% after the cash market closed lower by 1.4% yesterday.Russia's Kremlin said Russia will demilitaris
READ STORYUS Market Open: Risk-off continues with equities downbeat and havens bid in limited new newsflow
European bourses are pressured across the board in a broader risk-off move after yesterday's Wall St. sell-offEurope not supported by the brief APAC respite on Shanghai's reopening updates, Euro Stoxx 50 -2.3%; ES -1.2%DXY is pressured as havens and antipodeans are bid on risk and fiscal/fundamental
READ STORYEuro Market Open: Spillover selling hit APAC trade, though this eased amid Shanghai's reopening
APAC stocks were pressured on spillover selling after the worst day on Wall St in almost two years; S&P 500 -4%Shanghai Vice Mayor said Shanghai will expand work resumption in areas with no COVID risk in early June.European equity futures are indicative of a weaker open with Eurostoxx 50 -0.6% a
READ STORYUS Market Open: Bourses are rangebound, GBP hit and Gilts lifted on CPI; Fed's Harker due
European bourses are rangebound and relatively directionless, Euro Stoxx 50 U/C, taking impetus from a mixed APAC session which failed to sustain US upside.DXY supported, but off best, as GBP slips on marginally sub-forecast CPI while EUR fails to derive support from ECB officials repeating su
READ STORYEuro Market Open: APAC fails to sustain Wall St. momentum; Powell won't hesitate to surpass neutral
APAC stocks traded mixed as regional bourses only partially sustained the momentum from global peers; S&P 500 closed +2%.Fed Chair Powell said the Fed will not hesitate to move past neutral and will continue raising rates until they see inflation coming down.European equity futures are indi
READ STORYUS Market Open: Risk-on remains; EUR lifted and debt dented by ECB's Knot, while GBP outperforms
European bourses are firmer across the board, Euro Stoxx 50 +1.7%, taking impetus from and extending on a positive APAC handover as the region's COVID situation improvesUS futures posting similar performance, ES +1.8%, ahead of Retail Sales and multiple Fed speakers including PowellEUR lifted and Bu
READ STORYEuro Market Open: Firmer open indicated after a similar APAC session, substantial ECB/Fed speak due
APAC stocks were positive but with gains capped after the uninspiring lead from Wall St; SPX -0.34%, NDX -1.16%.EU's Borrell said difficulties remain regarding the required unanimity on the proposed oil ban.European equity futures are indicative of a higher open with Eurostoxx 50 +0.9% after th
READ STORYUS Market Open: Mixed trade amid conflicting China drivers & multiple geopolitical updates
European bourses are mixed, Euro Stoxx 50 -0.6%, following a similar APAC session with impetus from Shanghai's reopening offset by activity data and geopoliticsStateside, futures are lower across the board, ES -0.4%, with the NQ marginally lagging as yields lift; Fed's Williams due later before Powe
READ STORYEuro Market Open: Mixed performance amid disappointing Chinese data and Shanghai's gradual reopening
APAC stocks traded mixed after disappointing Chinese activity data clouded over the early momentum from Friday’s rally on Wall St.Shanghai will gradually start reopening businesses as of Monday following weeks of strict lockdown.European equity futures are indicative of a lower open with Eurostoxx 5
READ STORYWeek Ahead 16-20th May: Highlights include US retail sales, EU Foreign Ministers meeting, China data
MON: Chinese Retail Sales (Apr).TUE: EZ Flash GDP and Employment (Q1); US Retail Sales (Apr); UK Jobs Report (Mar).WED: Japanese GDP (Q1); EZ Final CPI (Apr); Canadian CPI (Apr); UK Inflation (Apr).THU: ECB Minutes; SARB Announcement; Australian Jobs Report (Apr); US Philly Fed (
READ STORYUS Market Open: Sentiment continues to rebound with JPY & USTs pressured; TWTR -20% as Musk updates
European bourses are firmer as the rebound from Thursday's selloff continues, Euro Stoxx 50 +1.3%; US futures similarly bolstered, ES +1.0%Elon Musk says the Twitter (TWTR) deal is temporarily on hold, pending details; TWTR -20% in pre-marketDXY is off YTD highs but has regained a firmer footing on
READ STORYEuro Market Open: Firm APAC handover after Wall St. closed off lows, DXY pauses after fresh YTD peak
APAC stocks were firmer as risk momentum picked up following on from the volatile session on Wall St.Fed Chair Powell said whether a soft landing can be executed or not may depend on factors that they cannot control.European equity futures are indicative of a higher open with Eurostoxx 50 +1.1% afte
READ STORYUS Market Open: Risk sentiment slips with DXY, JPY and Debt bid; Crude off lows on geopols
US futures are lower across the board though the magnitude is less extreme vs Europe, ES -0.6%, Euro Stoxx 50 -2.5%DXY has climbed to a fresh YTD peak, amid broad FX pressure ex-JPY which is supported on haven premiumAs such, core debt has continued to lift with accompanying yields retreating furthe
READ STORYEuro Market Open: DXY lifts & Antipodeans retreat, BTC loses 27k; US 30yr Note ahead
APAC stocks were pressured after the losses on Wall St where the major indices whipsawed in the aftermath of the firmer than expected US CPI data.European equity futures are indicative of a softer open with Eurostoxx 50 -2.3% after the cash market closed with gains of 2.6% yesterday.DXY traded indec
READ STORYUS Market Open: Equities firmer, DXY downbeat and yields retreat before US CPI
Stateside, futures are bolstered though with gains marginally more contained vs European-peers going into today's inflation data, ES +1.0%Greenback grounded in advance of US CPI as Treasury yields recede and curve re-flattens, DXY slips further below 104.00 and sub-103.50 vs fresh 2022 peak at 104.1
READ STORYEuro Market Open: Mixed performance going into US CPI after hot China numbers
APAC stocks traded mixed following the choppy performance on Wall Street.Ukrainian gas transit system operator chief said Russian occupying forces started taking transit gas and sending it to pro-Russian separatist regions.European equity futures are indicative of a higher open with Eurostoxx 50 +0.
READ STORYUS Market Open: Bonds bounce and curve flattens before 3yr supply, amid equity reprieve
European equities feel some reprieve following the prior session’s selloff; Euro Stoxx 50 +1.2%; US futures similarly bolstered.USD retains a firm bid with peers mixed across the board; JPY outpaces while USD/CHF nears parity.Core debt continues to bounce after an early breather, action was intensif
READ STORYEuro Market Open: S&P 500 slipped below 4k though Europe points higher, DXY retreats from YTD best
APAC stocks were mostly negative after the resumed sell-off on Wall St where the S&P 500 slipped beneath 4,000 for the first time since March 2021EU's Von Der Leyen tweeted that progress was made with Hungary but further work is needed.European equity futures are indicative of a marginally highe
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