07 Nov 2025, 07:08 by Newsquawk Desk
- APAC stocks were mostly lower as the region took its cue from the risk-off mood stateside, where sentiment was weighed on by weak US labour market proxies and AI concerns, while sentiment was also not helped by weak Chinese trade data.
- US President Trump said they will need a game plan if the Supreme Court case on tariffs does not go well, and can do other things, but they are slow in comparison.
- US President Trump added there are no new tariff announcements coming...
06 Nov 2025, 11:43 by Newsquawk Desk
- Challenger October US Job Cuts jump 175.3% to a 7-month high at 153.074k (prev. 54.064k in September).
- European bourses are on the backfoot; US equity futures are modestly firmer/flat.
- Surprise early US Challenger release takes DXY sub-100; NOK gains on Norges, GBP awaits the BoE.
- Early Challenger lifted USTs to a session high, Gilts await the BoE.
- Crude benchmarks are higher despite Saudi oil price cuts and US...
06 Nov 2025, 07:12 by Newsquawk Desk
- APAC stocks were higher as the region took impetus from the rebound on Wall St, where all major indices gained amid dip buying.
- European equity futures indicate an uneventful cash market open with Euro Stoxx 50 futures relatively flat after the cash market closed with gains of 0.2% on Wednesday.
- DXY traded rangebound after having recently snapped a 5-day rally, despite firmer-than-expected ADP and ISM Services data, while catalysts were quiet...
05 Nov 2025, 11:13 by Newsquawk Desk
- European bourses are entirely in the red; US equity futures mixed, with the NQ continuing to underperform whilst the RTY takes a breather.
- Recent USD rally pauses for breath ahead of ADP and ISM services.
- USTs are contained into a packed agenda, Gilts continue to ease from Tuesday's best.
- Commodities rebound following Tuesday’s risk-off sell-off.
- Looking ahead, highlights include US Final PMI, US ADP, US ISM Services...
05 Nov 2025, 07:00 by Newsquawk Desk
- APAC stocks were mixed after an early sell-off following the losses stateside, where tech underperformed amid valuation concerns.
- European equity futures indicate a lower cash market open with the Euro Stoxx 50 future down 0.7% after the cash market closed with losses of 0.3% on Tuesday.
- The USD rally has paused for breath (DXY remains above 100), EUR/USD is unable to reclaim 1.15 status, USD/JPY failed to hold below 153.
- Global fixed income...
04 Nov 2025, 12:07 by Newsquawk Desk
- RBA kept Cash Rate unchanged at 3.60%, as expected; judged some of the increase in underlying inflation in Q3 was due to temporary factors.
- European bourses are lower across the board with sentiment downbeat; US equity futures are in the red, NQ -1.3%.
- DXY briefly returned to a 100 handle, GBP slipped post-Reeves, who failed to reiterate her tax-related pledges, Antipodeans lag.
- Gilts outperform amid tax rise speculation, USTs await Fed...
04 Nov 2025, 06:50 by Newsquawk Desk
- APAC stocks were mostly subdued following the mixed lead from Wall St, where the majority of sectors declined but tech outperformed.
- RBA kept Cash Rate unchanged at 3.60%, as expected; judged some of the increase in underlying inflation in Q3 was due to temporary factors.
- European equity futures indicate a lower cash market open with Euro Stoxx 50 future down 0.8% after the cash market closed with gains of 0.3% on Monday.
- DXY is flat,...
03 Nov 2025, 11:06 by Newsquawk Desk
- European bourses are firmer following constructive EU-China trade developments, US equity futures also gain.
- USD fractionally higher and now eyes 100.00, CHF hampered by CPI.
- Bonds are relatively contained into a session of central bank speak and the ISM Manufacturing series.
- Crude reverses initial gains after OPEC+ opted to raise output again by a modest 137k bpd in December before pausing for Q1 2026; XAU essentially flat, whilst base...
03 Nov 2025, 07:14 by Newsquawk Desk
- APAC stocks traded mostly higher overnight. European equity futures indicate a mildly positive cash market open with Euro Stoxx 50 future up 0.2%.
- Chinese RatingDog Manufacturing PMI data disappointed amid a sharp decline in export orders.
- Fed’s Waller said he still advocates for the Fed to cut rates in December and said data fog does not tell you to stop.
- Crude futures gained at the open as participants digested the latest OPEC+...
31 Oct 2025, 11:11 by Newsquawk Desk
- European bourses are on the backfoot; US equity futures mixed, with the NQ boosted by post-earning strength in AMZN +12.8 & AAPL +1.7%.
- AMZN beat and boosted on strong cloud growth; AAPL strong results and predicts holiday boom in iPhone sales.
- DXY remains firm post-FOMC. AUD lags post-Chinese PMI.
- Commodities trade muted as crude awaits OPEC+ meeting.
- Bonds are under modest pressure given the earnings-driven US...
31 Oct 2025, 07:09 by Newsquawk Desk
- Further positive trade rhetoric from the US, mega-cap earnings in focus; AMZN +12.9% after-hours, AAPL +2.7%
- European futures point to a slightly softer open, US futures rebounded from the Powell pressure amid earnings, NQ leads
- DXY paused for breath, EUR/USD beneath 1.16, Antipodeans lackluster after a disappointing Chinese Manufacturing PMI
- Fixed benchmarks subdued, weighed on in part by sizable Meta supply
- Crude...
30 Oct 2025, 11:12 by Newsquawk Desk
- Trump said the meeting with Xi was amazing & lots of decisions were made, he rated the meeting a 12/10; US-China agree 1-year trade truce.
- European bourses are broadly lower, US equity futures are mixed; META -8.8%, MSFT -2.3%, GOOGL +6.9% post-earnings.
- JPY struggles after BoJ kept rates steady and avoided any overt hawkish commentary; Ueda said no pre-set idea about timing of next rate hike. USD manages to hold onto post-FOMC...
30 Oct 2025, 07:14 by Newsquawk Desk
- Fed cut by 25bps as expected, subject to 50bps and U/C dissent, announced it will end the balance sheet drawdown.
- Chair Powell struck a hawkish tone around December, weighing on stocks, USTs & XAU while the USD benefited.
- Trump said the meeting with Xi was amazing & lots of decisions were made, he rated the meeting a 12/10.
- BoJ held rates, Takata & Tamura dissented, favouring a hike; support seen in JGBs afterwards as the...
29 Oct 2025, 11:15 by Newsquawk Desk
- US President Trump said the meeting with Chinese President Xi will be three hours long before returning back to the US; says things will work out very well with Xi on Thursday.
- European and US equity futures are mixed; NQ outperforms, boosted by NVIDIA as it nears USD 5tln market cap.
- USD is firmer in the run-up to FOMC, AUD leads as hot CPI dashes RBA rate cut hopes.
- Fixed income contained awaiting the FOMC, with a mild bearish bias...
29 Oct 2025, 07:06 by Newsquawk Desk
- APAC stocks were predominantly in the green following the tech strength on Wall St, most indices extended to record highs.
- US President Trump said he had a great trip so far and expects to lower fentanyl-linked tariffs on China. China said to have made soybean purchase.
- European equity futures indicate a marginally lower cash market open with Euro Stoxx 50 future down 0.1% after the cash index closed with losses of 0.1% on Tuesday.
- USD is...
28 Oct 2025, 11:11 by Newsquawk Desk
- US President Trump and Japanese PM Takaichi signed an agreement on the US-Japan alliance and framework for securing the supply of critical minerals and rare earths.
- European bourses are mostly lower; ES/NQ are flat, whilst the RTY is marginally lower ahead of a slew of earnings.
- USD flat/lower, JPY boosted on US-Japan trade developments and mild haven allure; GBP lags a touch.
- Bonds are firmer given the risk tone; USTs await...
28 Oct 2025, 07:17 by Newsquawk Desk
- APAC stocks failed to sustain the momentum from the record highs on Wall St and were mostly subdued.
- US President Trump and Japanese PM Takaichi signed an agreement on the US-Japan alliance and framework for securing the supply of critical minerals and rare earths.
- European equity futures indicate a lower cash market open with Euro Stoxx 50 future down 0.2% after the cash market closed with gains of 0.6% on Monday.
- DXY is net negative amid...
27 Oct 2025, 11:02 by Newsquawk Desk
- US and China reached a framework for Trump-Xi talks this week. US tariff increase on China averted, China was said to have agreed to delay a new rare earth exports licensing regime for a year.
- The US is to immediately raise tariffs on Canada by another 10%.
- US President Trump said he won’t meet with Russian President Putin until he thinks they have a peace plan.
- European bourses firmer but off best levels; US equity futures soar as traders...
27 Oct 2025, 07:21 by Newsquawk Desk
- US and China reached a framework for Trump-Xi talks this week. US tariff increase on China averted, China was said to have agreed to delay a new rare earth exports licensing regime for a year.
- The US is to immediately raise tariffs on Canada by another 10%.
- APAC stocks are mostly higher, ES is up by the best part of 1%, Eurostoxx future firmer by 0.6%.
- DXY flat with the USD showing a mixed performance vs. peers; softer vs....
24 Oct 2025, 11:42 by Newsquawk Desk
- US to probe China's 2020 trade compliance while Trump has "terminated" all trade talks with Canada.
- European bourses opened firmer but now off best levels whilst US equity futures are in the green; INTC +8.3%.
- USD slightly higher into CPI, EUR boosted on German PMIs but now pared.
- Bunds & Gilts hit by PMIs, OATs look to Moody's, USTs await CPI.
- Crude gives back recent strength, XAU also on the backfoot around USD...
24 Oct 2025, 07:16 by Newsquawk Desk
- US to probe China's 2020 trade compliance while Trump has "terminated" all trade talks with Canada
- Despite this, APAC bourses firmer as the region focuses on confirmation of a Trump-Xi meeting next week
- DXY firmer but rangebound, USD/JPY tested 153.00
- Fixed benchmarks remain subdued, USTs await CPI
- Crude pulled back from Thursday's rally, XAU is indecisive
- Looking ahead, highlights include UK...
23 Oct 2025, 12:04 by Newsquawk Desk
- China published fourth plenum communique: approved five-year plan, and aiming for a 'big increase' in the level of tech self-reliance.
- European equities are mostly higher, whilst US equity futures are mixed; TSLA -3%, IBM -7.2%, Quantum stocks +10%.
- DXY is flat, Antipodeans lead whilst havens lag in quiet trade.
- Bonds are pressured as the risk tone sees pockets of improvement; decent UK auction sparked little move in Gilts at the...
23 Oct 2025, 07:05 by Newsquawk Desk
- US-China frictions weigh on the risk tone; Bessent said they are contemplating the next move if talks don't work out
- DXY posts modest gains, EUR pressured, while Sterling remains lower but is off the worst levels on Wednesday
- Fixed benchmarks struggled for direction, US 20yr was decent
- Crude supported by reports around Ukraine's use of Western long-range missiles, metals softer
- Looking ahead, highlights include US...
22 Oct 2025, 11:42 by Newsquawk Desk
- European bourses are broadly lower, but FTSE 100 outperforms after UK inflation; US equity futures are modestly weaker.
- USD is flat & GBP hit after region's softer-than-expected inflation report, which has boosted bets for a cut in December.
- USTs are flat/slightly firmer ahead of supply, Gilts gap higher after CPI, Bunds marginally pressured after yet another poor auction.
- Initial morning bounce back in gold has faded with XAU now lower...
22 Oct 2025, 07:28 by Newsquawk Desk
- US President Trump said he will discuss a lot of things with Chinese President Xi in two weeks; however, he added that the meeting might not happen
- US futures are marginally firmer, while European futures point to a slightly lower cash open
- DXY softened overnight, EUR and GBP lifted modestly off Tuesday's trough, USD/JPY contained and back below 152.00
- Fixed benchmarks rangebound into supply
- Crude underpinned by a...