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, 16:12 by Newsquawk Desk
- MON: BoJ Summary of Opinions (Oct); Norwegian CPI (Oct), EZ Sentix (Nov), Chinese M2 & New Yuan Loans (Oct)
- TUE: US Veterans' Day; New Zealand Inflation Forecasts (Q4), UK Unemployment Rate/Wages (Sep), EZ & German ZEW (Nov), US NFIB (Oct), ADP’s new weekly “preliminary” jobs estimate
- WED: BoC Minutes (Oct), EIA STEO, OPEC MOMR
- THU: IEA OMR; UK GDP (Sep/Q3), EZ Industrial Production (Sep), US Cleveland Fed (Oct), New Zealand...
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...
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, 13:01 by Newsquawk Desk
- SUN: US clocks change (LDN-NY gap reverts to 5hrs); OPEC-8 Meeting. Australian Final PMIs (Oct)
- MON: Japan Culture Day Holiday; Swiss CPI (Oct), EZ, UK & US Final Manufacturing PMI (Oct), US ISM Manufacturing PMI (Oct), Construction Spending (Sep)
- TUE: RBA Announcement & SoMP, French Assembly Budget (PLF/Revenue) Vote; Canadian Trade Balance (Sep), New Zealand Unemployment (Q3)
- WED: US Supreme Court tariff hearing, Riksbank...
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...