25 Nov 2025, 11:45 by Newsquawk Desk
- US Q3 GDP initial estimate is to be released on December 23rd, while US PCE and Personal Income report (Sep) was rescheduled for December 5th, according to the BEA.
- European bourses are mostly lower alongside pressure seen in US equity futures; the NQ underperforms as NVIDIA (-4.4%) moves in the pre-market, on reports that Meta (U/C) is in talks to spend billions on Google's (+3.7%) AI chips.
- DXY moves lower, but still holds onto a 100.00 handle; JPY benefits from...
25 Nov 2025, 06:57 by Newsquawk Desk
- APAC stocks traded mostly higher as the region took impetus from the tech-led rally on Wall St, where sentiment was bolstered as dovish comments from Fed officials boosted December rate cut bets.
- NVIDIA (NVDA) fell afterhours on a report that Meta (META) is in talks to spend billions on Google's (GOOGL) AI chips.
- US President Trump posted that he had a very good telephone call with Chinese President Xi and that they discussed many topics, including Ukraine/Russia,...
24 Nov 2025, 11:27 by Newsquawk Desk
- US Secretary of State Rubio said good progress had been made re. Ukraine, and none of the outstanding issues are insurmountable.
- European bourses opened stronger, but sentiment has waned a touch in recent trade; US equity futures are mixed.
- DXY is marginally subdued, EUR gains a touch amidst geopolitical progress whilst the JPY lags.
- Lacklustre trade across fixed income with USTs flat whilst Bunds are firmer by a handful of...
24 Nov 2025, 07:05 by Newsquawk Desk
- APAC stocks mostly firmer following the Wall St. handover, though China was mixed amid reports of Trump selling NVIDIA chips to China.
- Fed's Collins says she has not made up her mind on December. Treasury Secretary Bessent said prices are getting better.
- DXY contained, EUR/USD bounced from 1.15, Cable rangebound, USD/JPY firmer but limited in holiday trade.
- USTs and Bunds contained after the moves seen on Friday; Crude is uneventful, XAU...
21 Nov 2025, 11:44 by Newsquawk Desk
- JPMorgan and Standard Chartered no longer expect the Federal Reserve to cut rates in December, vs prior forecast of a 25bp cut.
- European bourses entirely in the red, with AEX underperforming as Tech plays catch-up to Thursday’s NVIDIA losses; US equity futures are mixed today, with NVIDIA -1.5% in pre-market trade.
- DXY is mildly firmer, JPY outperforms on haven flows, jawboning and data metrics which play in favour of further BoJ normalisation. Bloomberg reported...
21 Nov 2025, 07:10 by Newsquawk Desk
- APAC stocks traded lower across the board as the sharp Wall Street selloff reverberated through the region despite the absence of fresh catalysts.
- JPMorgan no longer expects the Federal Reserve to cut rates in December, vs its prior forecast of a 25bp cut.
- 10yr JGB futures retraced some of this week's losses whilst the session saw a slew of commentary from Japanese Finance Minister Katayama, who, on the bond market, attempted to alleviate some fiscal...
20 Nov 2025, 12:03 by Newsquawk Desk
- China is reportedly mulling new property stimulus measures, including mortgage subsidies, according to Bloomberg sources.
- European and US equity futures are stronger across the board, with sentiment boosted after strong NVIDIA results and as CEO Huang shrugged off “AI bubble” woes.
- DXY is firmer into the September NFP report, JPY unreactive to further jawboning.
- WTI and Brent edge higher, with some strength seen after Russia’s Kremlin said...
20 Nov 2025, 06:41 by Newsquawk Desk
- APAC stocks surged across the board, buoyed by a strong performance in the tech sector following NVIDIA’s solid earnings and guidance, while CEO Huang dismissed concerns of an AI bubble, stating, “We see something different.”
- FOMC Minutes added little new but emphasised divisions on the December decision, with "many" members expecting no change.
- Hawkish Fed repricing was seen as the new BLS data schedule shows that the FOMC won't see the October or November jobs...
19 Nov 2025, 11:51 by Newsquawk Desk
- The Trump administration has been secretly working in consultation with Russia to draft a new plan to end the war in Ukraine, according to Axios sources; Politico reported that US officials are close to unveiling a major new peace agreement with Russia to end the Ukraine conflict.
- The White House confirmed that US President Trump is set to speak at the US-Saudi investment forum on Wednesday at 12:00 EST (17:00 GMT) in Washington.
- US Treasury Secretary Bessent said...
19 Nov 2025, 06:44 by Newsquawk Desk
- APAC stocks were choppy, cautious, and eventually traded subdued, as the region held a tentative stance ahead of the FOMC minutes and NVIDIA earnings.
- The Trump administration has been secretly working in consultation with Russia to draft a new plan to end the war in Ukraine, according to Axios sources; Russia said Ukraine attempted to strike targets deep inside Russian territory.
- BoJ Governor Ueda, Japanese Finance Minister Katayama, and Japanese Economy Minister...
18 Nov 2025, 11:40 by Newsquawk Desk
- US jobless claims at 232k in the October 18th week, via DOL; continuing claims 1.957mln.
- European bourses are entirely in the red, US equity futures are modestly lower.
- USD is choppy amidst early release of weekly jobless claims, JPY digests more verbal intervention.
- Bonds are benefiting from the risk tone, with some modest price action seen on a surprise jobless claims release.
- Crude and Copper continue to be...
18 Nov 2025, 06:42 by Newsquawk Desk
- APAC stocks extended losses throughout the session following a similar lead from Wall Street, which had seen heavy losses on Monday. Overall newsflow in APAC hours was quiet, although tech stocks were among the laggards in the region.
- DXY traded flat for most of the session and eventually drifted lower before dipping under 99.50 despite quiet newsflow, but as haven FX (JPY and CHF) gained amid risk aversion.
- JGB futures saw limited movement at the short end...
17 Nov 2025, 12:05 by Newsquawk Desk
- European bourses initially opened flat, but have since slipped into the red; US equity futures are mixed.
- DXY is slightly firmer, whilst Antipodeans slip as the risk tone deteriorates a touch.
- Bonds are firmer amid the softer European tone but largely awaiting a packed speakers docket, and data later this week.
- Crude complex started the session in the red, but has since reversed on geopolitical updates; XAU marginally...
17 Nov 2025, 06:59 by Newsquawk Desk
- US Treasury Secretary Bessent said the China rare-earths deal will “hopefully” be done by Thanksgiving, according to Fox News.
- US President Trump said he does not think more tariff rollbacks will be necessary; he said top US officials spoke with their Chinese counterparts on Friday and that he is speaking to China about soybeans, according to Reuters.
- Apple (AAPL) has intensified succession planning for CEO Tim Cook and is preparing for him to step down as soon as...
14 Nov 2025, 11:45 by Newsquawk Desk
- European equities opened broadly lower, with all major indices in the red as sentiment soured following weakness in APAC trade; FTSE 100 lags.
- US equity futures are weaker across the board in pre-market trade as Tech continues to lag on valuation concerns.
- GBP/USD is in focus this session following reports that Chancellor Reeves has scrapped plans for an income tax rate hike, a move seen as increasing fiscal risks ahead of the November 26th...
14 Nov 2025, 06:54 by Newsquawk Desk
- APAC stocks were pressured following the sell-off stateside, where tech was hit on valuation and China AI race concerns, while sentiment was also not helped by recent hawkish-leaning Fed rhetoric and mixed Chinese activity data.
- Chinese activity data was mixed, in which Industrial Production disappointed and Retail Sales marginally topped estimates, but both showed a slowdown from the previous, while Chinese House Prices continued to contract.
- US BLS said it is...
13 Nov 2025, 12:03 by Newsquawk Desk
- European stocks opened mixed and traded choppily since, with macro drivers light; FTSE 100 is subdued post-GDP.
- DXY drifted lower in early Europe after holding steady overnight, with little reaction to the passage and signing of the US funding bill that formally ends the shutdown.
- USTs opened softer as risk appetite improved overnight following the House vote to end the shutdown and President Trump signing the legislation.
- Crude benchmarks...
13 Nov 2025, 07:03 by Newsquawk Desk
- US President Trump signed the government funding bill and announced an end to the government shutdown after the House voted to approve the bill, while Trump said the government will resume normal operations and reiterated a call for money to be paid to people directly to buy healthcare.
- White House Press Secretary Leavitt said the October CPI and jobs data is likely to never be released, while it was separately reported that there was no official word from BLS on plans for October...
12 Nov 2025, 11:34 by Newsquawk Desk
- US House to vote on a bill which could end the shutdown and keep the government funded through January 2026.
- European bourses are broadly firmer and continue to make highs, US equity futures also gain with the RTY (+1%) outperforming.
- USD is firmer ahead of a slew of Fed speakers, GBP pressured on political uncertainty; JPY lags.
- Global bonds are softer given the risk tone, Gilts lag with PM Starmer pressured into...
12 Nov 2025, 06:46 by Newsquawk Desk
- APAC stocks traded mixed with the region indecisive amid light fresh catalysts and as participants digested earnings.
- House Democratic caucus will meet at noon Wednesday in Washington, according to Punchbowl's Sherman
- UK’s Downing Street has launched an extraordinary operation to protect UK PM Starmer amid fears among the PM’s closest allies that he is vulnerable to a leadership challenge in the wake of the Budget, according to The Guardian's...
11 Nov 2025, 11:55 by Newsquawk Desk
- China is reportedly devising a plan to keep the US military from getting its rare earth magnets and is considering a ‘validated end-user’ system to fast-track certain export licenses, according to WSJ.
- European bourses firmer across the board, with outperformance in the FTSE 100; US equity futures are modestly lower.
- NVIDIA slips -1.5% after Softbank sells stake and following poor CoreWeave results.
- GBP slides on dismal UK jobs, EUR...
11 Nov 2025, 07:03 by Newsquawk Desk
- APAC stocks were mostly subdued with the region failing to sustain the positive global risk momentum that had been spurred by US-China trade optimism and US government reopening hopes, while there were few fresh catalysts overnight to fuel the recent rally.
- US Senate voted 60 vs. 40 to pass legislation to fund the federal government and end the shutdown, while the bill now goes to the House.
- US House Speaker Johnson is seeking a Wednesday vote on the stopgap bill,...
10 Nov 2025, 11:25 by Newsquawk Desk
- US Senate voted 60 vs 40 to advance the government funding bill through the procedural hurdle, moving it closer towards passage, after 8 Democrats supported the measure in a rare Sunday session.
- European and US equity futures are stronger across the board as senators take first steps to ending the US government shutdown; NQ +1.5%.
- USD softer against high-beta FX but higher against havens amid the risk-on mood.
- USTs slip on US Government...
10 Nov 2025, 07:13 by Newsquawk Desk
- APAC stocks traded higher amid the improving US-China trade environment and with hopes of ending the US government shutdown as several Democrats supported Republicans to pass a measure through the procedural vote in a rare Senate session on Sunday.
- US Senate voted 60 vs 40 to advance the government funding bill through the procedural hurdle, moving it closer towards passage, after 8 Democrats supported the measure in a rare Sunday session.
- Chinese inflation data...
07 Nov 2025, 11:07 by Newsquawk Desk
- US is to block NVIDIA's (NVDA) sale of scaled-back AI chips to China, according to The Information.
- European bourses opened firmer but ultimately conformed to the subdued risk tone, US equity futures also mildly in the red.
- DXY bid awaiting UoM, trading around 99.78; Kiwi underperforms.
- Bunds were initially hit by the US risk tone, EGBs then slipped on German data, no reaction to the deteriorating European...