The Premarket Movers & News by Newsquawk

European bourses/US futures diverge with Europe firmer after a mixed APAC session while US peers remain tentative ahead of retail/IP dataOpening remarks at the Biden-Xi virtual meeting set a friendly tone although expectations had been lowered ahead of the eventChinese President Xi said both sides m

Asia-Pac stocks traded mixed in a slight improvement from the inconclusive Wall St. handoverOpening remarks at the Biden-Xi virtual meeting set a friendly tone although expectations had been lowered ahead of the eventChinese President Xi said both sides must increase communication and cooperationThe

European bourses and US futures remain contained after an indecisive APAC session on mixed data ahead of Biden-Xi meetingReleases included better than expected Chinese activity data and a miss on Japanese GDPBiden-Xi meeting is aimed at setting the terms of trade to avoid future conflict, tariffs no

MON: Chinese Retail Sales & Industrial Output/Production (Oct), Japanese Capacity Utilisation (Sep), Indian WPI (Oct), Swedish CPIF (Oct), EZ Eurostat Trade (Sep), US NY Fed Manufacturing (Nov), Canadian Manufacturing Sales (Sep).TUE: RBA Minutes (Nov), NBH Policy Announcement, IEA OMR; UK Unemp

Asian equity markets began the week with a lack of firm direction as the region digested varied tier-1 economic dataReleases included better than expected Chinese activity data and a miss on Japanese GDPDXY heads into the European session around the 95.00 mark. Antipodeans lead gains vs. the USDWhit

European bourses & US futures are modestly firmer, action has been very rangebound in quiet trade, ES +0.1%Russian Defence Ministry says US military activity in the Black Sea is aggressive and poses a threat to regional and strategic stability, IFX.DXY remains above 95.00 but the broader complex

Asian equity markets traded mostly higher following a mixed session in the USStateside, SPX closed flat, DJIA lower, NDX bid, and RUT outperformedThe DXY has extended on gains above 95.00, adding further pressure to major counterpartsMexican Central Bank raised its interest rate by 25bps to 5.0%, as

European bourses are contained with newsflow minimal given Veteran's Day and the light docket; ES +0.3%In FX, the DXY has eclipsed 95.00 with peers pressured across the board with Cable losing 1.3400 and EUR/USD approaching 1.1450WTI and Brent have been choppy but come under further pressure as the

Asian equity markets traded mixed as positive headlines out of China provided reprieve from losses in the USEvergrande was reported to have paid the overdue interest on three bonds to avoid a defaultIn FX, the DXY tested 95.0 to the upside, EUR/USD trades sub-1.15 and AUD lags post-jobs dataUS Senat

European bourses & US futures are rangebound and directionless ahead of US data, with IJC also due given Veteran's dayDXY is bolstered having reclaimed 94.00 with peers subdued across the board and NZD lagging on dataCore debt is subdued pre-CPI with ECB-related updates and another poor German i

Asian equity markets traded negatively after a lacklustre handover from Wall Street where the major indices took a break from recent advancesChinese consumer prices registered their fastest increase in more than a year and factory gate prices rose at a fresh record paceA virtual meeting between US P

European bourses and US futures are contained with fundamental updates minimal and data not moving the dial ahead of Fed speak, ES +0.1%FX has seen the DXY lose 94.00 to the modest benefit of peers across the board while core debt is firmer experiencing a grinding bidFed's Brainard was interviewed b

Asia-Pac stocks traded indecisively and were unable to benefit from the positive Wall St. handoverStateside, the S&P 500 notched an 8th consecutive record closeIn FX, the DXY has lost 94.00 status, JPY leads gains vs. the USD whilst EUR/USD has reclaimed 1.16Fed's Brainard was interviewed by Pre

European bourses/US futures are contained awaiting the US entrance and notable Central Bank speakers, ES +0.1%, NQ -0.1%Tesla (TSLA) CEO Musk, via a Twitter poll, asked if he should sell a 10% stake (~USD 21bln) in Tesla, 57.9% voted "Yes"; -6.0% in pre-marketDXY has been choppy though G10 peers, ex

Asian equity markets began the week subdued; US equity futures were mostly lower with underperformance in the NQTesla (TSLA) CEO Musk, via a Twitter poll, asked if he should sell a 10% stake (~USD 21bln) in Tesla; 57.9% voted "Yes" with over 3.5mln total votesUS House voted to pass the USD 1.2tln bi

European bourses are firmer after a directionless open, amid a grinding bid throughout the session with US futures following suit; ES +0.3US House is to meet at 12:00GMT/08:00EDT to debate the procedural “rule” to put the social spending bill on the floor; hoping to debate & vote todayThe DXY re

Asian equity markets traded cautiously following a somewhat mixed handover from the USThe S&P 500 and Nasdaq extended on fresh record highs with outperformance in rate-sensitive stocksThe DXY has held on to gains above 94.00, EUR/USD remains on a 1.15 handle and GBP/USD trades sub-1.35Looking ah

European bourses are firmer continuing the post-FOMC APAC tailwinds with US futures marginally positive but rangebound, ES +0.1%DXY is firmed and comfortably above 94.00 with EUR lagging and below 1.1550 & Cable pressured pre-BoEOPEC+ is likely to stick to plans to raise output by 400k BPD despi

The FOMC announced its tapering schedule as expected whilst stressing patience on rate hikesAsia-Pac stocks traded higher amid tailwinds from the fresh record highs stateside in the aftermath of the FOMCDXY heads into the European open firmer and north of 94.00, EUR lags in the G10 space with EUR/US

European bourses & US futures are contained in pre-FOMC trade; ES -0.1%China's most recent COVID-19 outbreak is reportedly the most widespread since WuhanDXY is pressured and briefly lost 94.00 but held above yesterday's trough with peers deriving modest gains; TRY lags in EMsECB's Lagarde said

Asian equity markets traded mixed; Chinese Caixin Services PMI topped expectationsUS equity futures traded flat overnight in the run-up to the FOMC announcementChina's most recent COVID-19 outbreak is reportedly the most widespread since WuhanThe UK reportedly seeks new legal advice to back possible

European bourses are diverging somewhat after a lacklustre open following the similar APAC handover, Stoxx 50 +0.1%US futures are mixed but relatively contained though the NQ -0.2% lags marginally given pressure in TSLA, -6.0% pre-marketDXY has been erring higher throughout the session to the detrim

Asian equities traded mixed after failing to benefit from the momentum in the USStocks were firmer across major US indices with a clear tilt to small-cap Russell 2k vs SPX/NDXThe RBA maintained the Cash Rate Target at 0.10% but dropped the April 2024 government bond yield targetThe DXY remains sub-9

European bourses are firmer with US futures supported following the predominantly positive APAC lead, ES +0.4%Chinese official Manufacturing and Non-Manufacturing PMIs disappointed analysts’ forecastsThe Japanese general election saw the ruling LDP maintain a majority in the lower houseThe DXY has h

SUN: Japanese Lower House Election, G20 Summit, COP26.MON: CBR MPR; Chinese Caixin Manufacturing PMI Final (Oct), German Retail Sales (Sep), UK, US & Canadian Manufacturing PMI Final (Oct), US ISM Manufacturing PMI (Oct).TUE: RBA Policy Announcement, BoJ Minutes (Sep); EZ Manufacturing PMI Final