The Premarket Movers & News by Newsquawk

European bourses are pressured, but off lows Euro Stoxx 50 -1.4%, in risk-off trade as further COVID restrictions are implemented/toutedAlbeit, sentiment picked up on Moderna's (+5.4% pre-mrkt) prelim. booster update ahead of a 13:00GMT/08:00EST press conferenceModerna's prelim. booster data shows a

Asia-Pac equities traded lower across the board following the volatile session on Wall Street on FridayUS equity futures saw losses overnight whilst T-note futures edged higherIn FX, DXY held onto most of Friday’s gains, USD/JPY eventually dipped under 113.50, TRY saw early weaknessUS Senator Manchi

Equities are pressured after a downbeat APAC handover with Quad Witching in focus; ES -0.4%, NQ -0.8%In FX, the DXY has staged a marked recovery retaking 96.10 to the broad detriment of peers; Cable loses 1.3300, EUR/USD nears 1.1300WTI and Brent are pressured given broader risk appetite and seeming

Asian equity markets were mostly lower with sentiment in the region downbeat after the tech-led declines in the USIn FX, DXY dipped back under 96.00, EUR/USD eyed 1.1350 and USD/JPY briefly dipped below 113.50UK will reportedly drop key ECJ demand in an effort to de-escalate tensions with the EUUK C

European equities are firmer across the board; US futures extend on post-FOMC gainsIn FX, DXY has pulled back further, high-betas outperform and havens lagTRY again weakened as Turkish President Erdogan replaced two deputy finance ministersLooking ahead, highlights include BoE, ECB, Banxico, press c

The FOMC doubled the QE tapering pace and now sees three rate hikes in 2022; Fed Chair Powell avoided hawkish curveballsChair Powell said the Fed has not taken a position on whether it should pause between the end of the taper and first-rate hikeMarket sentiment saw a knee-jerk lower on the statemen

Equities remain mixed but with a cautious undertone, ES -0.1%, NQ -0.4%; as newsflow is focused on COVID/geopolitics going into the FOMCDXY is softer but pivoting 96.50 with peers mixed and GBP leading after UK CPI; USTs are unchanged, EGBs are pressured, led by Gilts on BoE tightening repricingRepo

Asian equities were mixed/rangebound as participants remained cautious following the losses in the US (S&P 500 -0.75%)The region also digested mixed Chinese data in which Industrial Production topped estimates but Retail Sales disappointedThe Senate and House passed the bill to raise the debt li

Equities are pressured after a constructive European open, fundamental updates have been minimal and conditions remain thin before the week's risk events; ES -0.2%In FX, the DXY has been pressured towards yesterday's low, but remains comfortably above 96.00, to the mixed benefit of peers with EUR/CH

Asia-Pac stocks traded mostly subdued following the pullback on Wall StreetIn FX, the DXY has gained a firmer footing above 96.00, activity currencies narrowly lag G10 peersThe Senate will vote on legislation to raise the Federal Government debt limit todayRussia said it may be forced to deploy inte

Gains in European equities are slightly more pronounced than in US equity futures; Stoxx 600 +0.6%, ES +0.3%In FX, USD outperforms with the DXY nearing 96.500 at best; EUR/USD below 1.1300 while USD/JPY extends north of 113.50TRY is the EM FX laggard; USD/TRY topped 14.5000 before the CBRT intervene

MON: OPEC MOMR.TUE: NBH Announcement; UK Employment (Oct/Nov); EZ Industrial Production (Oct); US PPI (Nov); IEA OMR.WED: FOMC Announcement and Projections; Bank of Indonesia Announcement; Chinese Retail Sales (Nov) and Industrial Production (Nov); UK Inflation (Nov); US Retail Sales (Nov); Canadian

Asia-Pac equity markets took their cues from last Friday’s gains on Wall Street; US equity futures traded with mild upside overnightIn FX, the DXY eked mild gains, EUR/USD slipped back under 1.1300 and USD/JPY traded around 113.50UK raised its COVID alert level to 4 from 3 and accelerated its booste

European bourses are softer while US equity futures are marginally firmer ahead of US CPI; ES +0.3%In FX, the DXY extended on gains in European hours, best level just shy of 96.50, and with peers subdued across the boardPBoC set USD/CNY mid-point at 6.3702 vs exp. 6.3499 (prev. 6.3498); CBRT interve

Asia-Pac stocks were on the back foot as the region took its cue from the weak performance in the USIn FX, DXY was steady in a tight range, USD/JPY traded on either side 113.50, USD/CNH saw volatility at the PBoC CNY fixPBoC set USD/CNY mid-point at 6.3702 vs exp. 6.3499 (prev. 6.3498)Sources in Bru

Stocks in Europe have been drifting lower, US equity futures have also succumbed to the modest downside; ES -0.3%In FX, the DXY extends above 96.00 with JPY perhaps capping upside while the CNH saw downside on PBoC raising FX RRR by 2pptsChinese PPI topped expectations whilst CPI Y/Y missed but regi

Asian equity markets eventually traded mixed as the early tailwinds from the US gradually wanedIn FX, the DXY recouped some of its recent losses, EUR was subdued and JPY was indecisiveChinese PPI topped expectations whilst CPI Y/Y missed but registered the fastest pace of increase since August last

Broader sentiment was dented on UK COVID Plan B updates; US equity futures mostly hold onto mild gainsUK sources suggest an 85% chance of implementing COVID Plan B, potentially from Thursday; press conference at 17:30GMT/12:30ESTApple (+0.7% pre-mkt) was forced to scale back its total output target

Asian equity markets traded positively; US equity futures saw mild gains overnight after Wall Street closed firmly in the greenIn FX, DXY pulled back, EUR/USD nursed some recent losses, USD/JPY hovered around 113.50 and CAD laggedPreliminary results from a small study showed a 40x reduction in neutr

European stocks have conformed to the risk appetite seen across global peers; US equity futures continue to rise - ES +1.3%In FX, the DXY is firmer but remains capped by 96.50, antipodeans outperform on base-metals while EUR & GBP are only marginally lowerThe RBA maintained its Cash Rate at 0.10

Asia-Pac stocks traded mostly in the green following the positive close on Wall Street; US equity futures meandered higher overnightIn FX, the DXY was indecisive, JPY underperformed, and AUD was boosted post-RBA as iron ore futures gainedThe RBA maintained its Cash Rate at 0.10% and weekly bond purc

Early gains across equities faded; Euro Stoxx 50 +0.5%, ES -0.1%, NQ -0.5%PBoC cut the RRR effective from December 15th; 50bp reduction that will release CNY 1.2tln in liquidity.The DXY is pressured at fresh lows but retains 96.00+ status with peers mixed as havens lagUS President Biden and Russian

MON: EZ Sentix Index (Dec); Eurogroup meeting.TUE: RBA Announcement; German Industrial Output (Oct); German ZEW Survey (Dec); EZ GDP R (Q3), Employment F (Q3); US Trade (Oct); Japanese GDP R (Q3); Chinese Trade Balance (Nov); EIA STEO.WED: BoC Announcement; RBI Announcement; US JOLTS Job Openings (O

Asian equities began the week cautiously following last Friday's negative performance statesideIn FX, the DXY traded within a tight range, EUR and safe havens were subdued and activity currencies outperformedUK ministers announced fresh COVID-19 restrictions for travellers entering the UKUS Presiden

The positivity seen heading into the European open dissipated; US equity futures are seeing modest broad-based lossesUS Democratic Sen. Manchin is skeptical that the Build Back Better bill can pass the Senate this year, CNN sources stateCaixin Services and Composite PMI data slowed from the prior mo