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US Market Open: Conditions cautious ahead of Ukraine-Russia negotiations
Next round of Russia-Ukraine discussions could start at 12:00GMT today; though, Russia notes that they are awaiting the arrival of the Ukrainian delegationEuropean bourses are lower and in-line with the generally cautious mood ahead of negotiations; US futures lower, ES -0.1%, but more contained pre
READ STORYEuro Market Open: Positive APAC trade with Ukraine & Russia reportedly to hold talks today
APAC stocks traded mostly positive following gains in the US where stocks and yields climbed.European equity futures are indicative of a flat open after the Eurostoxx 50 cash market closed higher by 1.5% yesterday.DXY remains on a firm footing, EUR/USD hovers around 1.11 and Cable is circa 1.34
READ STORYUS Market Open: Sentiment improves on potential Ukraine-Russia meeting
Ukraine and Russia will hold a second round of discussion later today, via Tass citing an aide to the Ukraine presidential office - awaiting Ukranian confirmation.Earlier, Russia's Kremlin says the Russian delegation will be waiting later today and are ready to continue talks; not clear if Ukrainian
READ STORYEuro Market Open: Bourses indicated lower after a subdued US session/APAC handover
US stocks finished lower (S&P 500 -1.6%) with Asian equities also seen softer overnight. European equity futures are indicative of a soft open with the Euro Stoxx 50 future -0.1% after the cash market closed lower by 4.0% yesterday.In FX, the DXY extended on gains above 97.00, EUR/USD has r
READ STORYUS Market Open: Risk-off in equities with havens bid, and crude bolstered on geopolitical-premia
Sentiment in equities has moved to risk-off as the mornings Russia-Ukraine updates are generally downbeat; Euro Stoxx 50 -2.5%, ES -0.5%US futures are lower across the board, ES -0.5%, though magnitudes are more contained than their European peers as participants look to a heavy data-docket ahead an
READ STORYEuro Market Open: APAC supported on data though European futures point lower
APAC stocks began the month mostly on the front foot with the region digesting encouraging Chinese PMI dataEuropean equity futures are indicative of a lower open with the Euro Stoxx 50 future -1.0% after the cash market closed lower by 1.2% yesterdayDXY is marginally firmer but sub-97.00, AUD s
READ STORYUS Market Open: Sentiment subdued, but off worst levels, as Russia-Ukraine negotiations commence
G7 leaders declared they will remove selected Russian banks from the interbank SWIFT systemRussian President Putin ordered to place Russia's nuclear deterrent forces on high alert citing aggressive statements by NATO leadersNegotiations have commenced between Ukrainian and Russian officials at the B
READ STORYWeek Ahead 28th February-4th March: Highlights include Chinese PMI, US ISM, RBA, OPEC+, EZ CPI, BoC, NFP
MON: Chinese Official PMI (Feb)TUE: RBA Policy Announcement, Norges Bank Watch, India Maha Shivrati; Chinese NBS & Composite PMIs (Feb), EZ, UK & US Final Manufacturing PMI (Feb), German Retail Sales (Jan), CPI Prelim. (Feb), US ISM Manufacturing PMI (Feb)WED: OPEC Meeting, BoC Policy Announ
READ STORYEuro Market Open: Futures hampered amid further Russian sanctions, including select SWIFT measures
Russian President Putin ordered to place Russia's nuclear deterrent forces on high alert citing aggressive statements by NATO leaders and economic sanctionsG7 leaders declared they will remove selected Russian banks from the interbank SWIFT system; the EU said some Russian central bank assets will b
READ STORYUS Market Open: European bourses firmer, US futures lower as Russian-Ukraine escalates further
European bourses are firmer and back in proximity to initial best levels after losing traction shortly after the cash open, Euro Stoxx 50 +1.3%; FTSE 100 +1.9% outperforms amid Basic Resources strength.US futures are lower across the board, ES -0.9%, after yesterday's significant intra-day reversal
READ STORYEuro Market Open: Kyiv under rocket attack but European futures point higher
Ukrainian Foreign Minister Kuleba confirmed Russian rockets have been fired at KyivUS President Biden authorised new sanctions including on Russian exportsUS stocks were able to close higher with the NQ (+3.4%) outperforming peers; US futures traded on a slightly softer footing overnightEuropean equ
READ STORYUS Market Open: European stocks extend on losses while NQ falls into bear-market
24th February 2022SNAPSHOTLOOKING AHEADLooking ahead, highlights include US GDP (2nd Estimate), PCE Prices Prelim, Initial Jobless Claims, Banxico Minutes, Speeches from Fed's Bostic, Daly, Mester, ECB's Schnabel, BoE's Bailey & BroadbentEarnings from Alibaba, Moderna, Norwegian Cruise Line, Occ
READ STORYEuro Market Open: Sentiment declines as Russia moves in on Ukraine; Brent hits USD 100/bbl and gold soars
Russian President Putin authorised a special military operation to demilitarise UkraineMultiple explosions were heard across several Ukrainian cities including the capital of KievUS stocks finished lower (S&P 500 -1.8%) and US equity futures extended on losses overnight with APAC stocks als
READ STORYUS Market Open: Equities are firmer and crude pulls-back as participants digest Russian sanctions
European bourses are firmer, Euro Stoxx 50 +1.0%, with gains relatively broad based though the oil-exposed FTSE 100 lags given benchmark pricing.US futures, ES +0.6%, are also firmer as newsflow is comparably slower and as participants also take impetus from sanctions being less-stringent than some
READ STORYEuro Market Open: S&P 500 correction-territory close, though EU futures point higher
US President Biden announced the first tranche of sanctions on Russia whilst cautioning that this is the beginning of a Russian invasion of UkraineUS Secretary of State Blinken cancelled his meeting with Russian Foreign Minister Lavrov. Biden-Putin meeting is not on the cardsS&P 500 closed in&nb
READ STORYUS Market Open: Crude soars though sentiment steadies amid numerous geopolitical developments
European bourses have experienced a marked recovery throughout the session, Euro Stoxx 50 Unch., with the FTSE 100 (+0.4%) the marginal outperformer given its crude exposure.A recovery that comes amid numerous geopolitical developments and was seemingly led by oil upside and as we await clarity/insi
READ STORYEuro Market Open: Futures point lower as Putin recognises separatists independence
Russian President Putin said Russia will recognize the independence of Donbas LPR and DPR separatistsThe US will announce fresh sanctions against Russia on Tuesday in which it will coordinate with allies on the announcementAPAC stocks traded negatively amid Russia-Ukraine developments. US equity fut
READ STORYWeek Ahead 21-25th February 2022: Highlights include US PCE, flash PMIs, China LPR, RBNZ
MON: US Washington's Birthday (Market Holiday); Bank of Israel Announcement; PBoC LPR Announcement; EZ and UK Flash PMIs (Feb).TUE: NBH Announcement; German Ifo Survey (Feb); EZ Flash CPI (Jan); US Flash PMI (Feb).WED: RBNZ Announcement; German GfK Consumer Sentiment (Mar); Japan Emperor's Birthday.
READ STORYEuro Market Open: Sentiment lifted on a Biden/Putin agreement in principle to meet
Reports over the weekend noted heavy fighting between Ukraine’s armed forces and Russian-backed separatists along the contact lineUS President Biden and Russian President Putin have separately agreed in principle to meetAPAC stocks traded mostly negative before trimming losses on the Biden-Putin upd
READ STORYUS Market Open: Crude curtailed amid geopols with attention turning to Fed speak
European bourses are contained around the unchanged mark, Euro Stoxx 50 +0.2%, as an initially positive open on geopolitical developments waned as we await further drivers.US futures are deriving greater upside from the reported meeting of US-Russian officials today and next week; however, focus tur
READ STORYEuro Market Open: Blinken/Lavrov meeting reports lift sentiment
Sentiment picked up following reports of a meeting between the US Secretary of State and Russian Foreign Minister late next weekUS President Biden is to hold a meeting on Friday with the heads of NATO, EU, France, Germany, UK, Italy, Poland, and RomaniaAPAC stocks maintained a mild downside bias, US
READ STORYUS Market Open: Subdued trade & havens bid awaiting clarity around Donbas shelling
Risk sentiment remains at the whim of geopolitics, US futures lower across the board (ES -0.5%) while European bourses are somewhat cushioned on corporate updates (Euro Stoxx 50 Unch.)Crude benchmarks are pressured as we await clarity on reported shelling in Donbas; currently, WTI and Brent remain a
READ STORYEuro Market Open: Risk-off on heightened Ukraine tensions
Markets saw risk-off trade following reports of mounting tensions in Ukraine via Russian press – awaiting confirmation from Ukraine/NATORussian-backed separatists claimed that Ukraine opened fire in the Donbas region; a US official said there are more Russian troops at the border and not fewer
READ STORYUS Market Open: Pullback in risk-sentiment on geopols pre-FOMC mins.
European bourses (Eurostoxx 50 unch.) trimmed early gains as NATO Sec. Gen. Stoltenberg pushed back on claims of Russian troop withdrawals, adding he is yet to see signs of a de-escalation.US futures (ES -0.1%) sit in minor negative territory amid the pullback in risk sentiment; traders await US ret
READ STORYEuro Market Open: APAC trade buoyed on a firmer US handover
US stocks finished with firm gains across the board; Russell 2000 and Nasdaq led the gainsAPAC stocks traded higher following the optimism seen in European and US peersChinese PPI and CPI Y/Y printed below expectations and both cooled from the priorUS President Biden said an invasion of Ukraine is s
READ STORY