The Premarket Movers & News by Newsquawk

Asian equities eventually traded mostly higher following the cyclical-led rebound in the USCaixin Services and Composite PMI data slowed from the prior month, but both remained in expansion territoryThe DXY has edged mild gains above 96.00 whilst EUR/USD and GBP/USD hover around 1.13 and 1.33 respec

Bourses across Europe have held onto losses seen at the cash open; US equity futures are firmer with RTY outpacing and NQ laggingSouth African scientist sees an exponential rise in new COVID cases with predominance of Omicron; India said the two cases it sees are mildApple (AAPL) reportedly told iPh

Asian equities traded tentatively following the declines on Wall St where major indices extended on lossesSelling stateside was exacerbated on confirmation of the first Omicron case in the USDXY oscillates around 96.00, EUR/USD remains above 1.13 and GBP/USD eyes 1.33TRY was pressured again after Tu

European bourses are firmer across the board with a clear cyclical bias; US futures are in the green with RTY outperformingUS Conservatives on both sides of the Capitol are reportedly plotting to force a government shutdown FridayChinese Caixin Manufacturing PMI fell short of estimates and slipped b

Asian equity markets traded mostly positive as regional bourses atoned for the prior day’s lossesUS equities closed lower (S&P 500 -1.9%) amid ongoing COVID concerns and comments from Fed Chair PowellChinese Caixin Manufacturing PMI fell short of estimates and slipped back into contraction terri

Initial momentum for APAC equities was faded; European stocks remain under pressureThis sentiment has seeped into US equity futures; RTY lags, NQ is cushioned by softer yieldsModerna chief predicts that existing vaccines will be much less effective against the Omicron variantWSJ reported Regeneron's

Initial momentum for APAC equities was faded amid downbeat comments from the Moderna CEOModerna chief predicts that existing vaccines will be much less effective against the Omicron variantChinese Manufacturing PMI (Nov) 50.1 vs. Exp. 49.6 (Prev. 49.2)Fed Chair Powell stated that the Omicron variant

Bourses in Europe are experiencing a mild broad-based rebound; US equity futures also see gains across the board  South African Medical Association Chairwoman Coetzee said the new Omicron variant has resulted in mild symptoms so far  DXY resides in a tight range, activity currencies are fa

MON: German CPI Prelim. (Nov), EZ Economic Sentiment/Consumer Confidence Final (Nov), Canadian Producer Prices (Oct), Japanese Unemployment Rate (Oct); Iranian Nuclear Negotiations resume.TUE: New Zealand NBNZ Business Outlook (Nov), Australian Building Approvals (Oct), Chinese NBS & Composite P

Asia-Pac stocks traded cautiously and US equity futures rebounded from Friday’s hefty sellingSouth African Medical Association Chairwoman Coetzee said the new Omicron variant has resulted in mild symptoms so farNIH Director Collins is optimistic that current vaccines are likely to protect against th

European equities are trading markedly lower (Stoxx 600 -2.9%) with losses in the Stoxx 600 extending to 3.8% WTD; ES -1.9%, RTY -4.2%The new variant is said to be the most evolved strain so far, prompting fears that it could be worse than DeltaUSTs and Bunds are notably firmer and safe-havens (JPY,

Asian equities and US futures are on the backfoot with markets spooked by new COVID variant concernsThe new variant is said to be the most evolved strain so far, prompting fears that it could be worse than DeltaUSTs and Bunds are notably firmer and safe-havens (JPY, CHF) lead the way in the G10 FX s

Asian equities traded mixed following the mostly constructive lead from the US which saw the NQ outperformFOMC minutes showed that some policymakers wished for a faster pace of purchasesIn FX, the DXY has marginally retreated after approaching 97.00, EUR/USD briefly lost 1.12 statusLooking ahead, hi

European bourses are subdued after initial firmer/mixed performance faded on German COVID-19 concerns, DAX -0.9%, ES -0.4%German coalition announcement due ~14:00GMT/09:00EST, focus on any COVID commentary given recent outgoing-government rhetoricDXY has risen to fresh YTD highs though JPY retains a

Asia-Pac equity indices were mixed following the choppy performance of their US counterpartsIn FX, the DXY continues to hover around the 96.50 mark, NZD lagsRBNZ hiked the OCR by 25bps to 0.75% as expected and vowed to take a steady approach going forwardOil prices held on to the prior day's gains a

European bourses are subdued after a mixed APAC handover with newsflow minimal and focused on the SPR, COVID and Biden's speechUS futures are modestly lower, ES -0.2%, but performance has been comparably more contained following yesterday's late-doors selling pressureUS President Biden to speak at 1

Asia-Pac stocks traded mixed following a similar performance in the US where the Nasdaq underperformed alongside firmer yieldsIn FX, the DXY made further YTD highs, placing additional pressure on major counterpartsA source report noted that the US Energy Department will announce a loan of oil from t

European bourses are mixed with catalyst sparse and focus on COVID; US futures firmer with RTY marginally outperformingFX is contained, DXY is softer but retaining 96.00; core debt has dipped after initial upside moves failed at key levels in thin volume pre-supplyPBoC-backed China Foreign Exchange

Asia-Pac stocks traded mixed; US equity futures trade with mild gainsOn Friday, Fed’s Clarida suggested discussing the speeding of tapering, whilst Fed’s Waller said his preference is for the Fed to accelerate the taperPBoC-backed China Foreign Exchange Committee instructed bank traders to limit spe

Pronounced and broad based risk-off move was seen as Austria announced a hard lockdown and Germany refused to rule such measures outThe back-to-back news pushed the DXY and Bunds above 96.00 and 172.00 respectively, Brent fell below USD 79.50/bbl; equities were pressuredUS House Democrat leaders are

Asia-Pac stocks traded mostly positive; Hang Seng lagged amid substantial losses in AlibabaS&P 500 and Nasdaq notched fresh record closes; overnight US equity futures drifted higherIn FX, the DXY remained above 95.50, EUR/USD tested 1.1350 to the downside and AUD narrowly outperformedA compromis

Major bourses in Europe are choppy; US equity futures have been grinding higher in early European hoursIn FX, the DXY pulled back modestly from the 96.00 mark whilst the NZD/USD outperforms; EUR/USD and GBP/USD trade sidewaysNew COVID-19 restrictions for Germany are to be announced around lunchtime

Asia-Pac stocks traded mostly negative with sentiment in the region subdued; Hong Kong laggedIn FX, the DXY pulled back modestly from the 96.00 level whilst NZD/USD outperformedUS and China reportedly agreed after the Biden-Xi meeting to embrace frequent interactions in the next 3-4 monthsChina Nati

Risk sentiment is contained with fresh catalysts slim after a mixed APAC handover and ahead of numerous Central Bank speakers, ES U/CDXY remains near-96.00 after briefly surging above the mark with peers mixed but contained and NZD outperforming on domestic lockdown updatesTRY has been knocked to fr

Asian equity markets traded mixed and struggled to sustain the positive lead from the USThe S&P 500 reclaimed the 4,700 level and briefly approached to within four points of its all-time highIn FX, the DXY has breached 96.00 to the upside, sending EUR/USD below 1.13 and USD/JPY to a four year hi