The Premarket Movers & News by Newsquawk
Original insights into market moving news
Get the Daily Market Open in your inbox twice a day...
[PODCAST] European Open Rundown 8th October 2021
APAC bourses were mostly higher on the broader upbeat-tone; Mainland China was bolstered on its return from Golden weekChina's Caixin Services PMI beat expectations and the Composite measure climbed into expansionary territoryIn FX, the DXY remains above 94.00 and safe-havens lag, while USTs are mod
READ STORY[PODCAST] US Open Rundown 7th October 2021
Equities and US equity futures remain buoyed and in relatively contained ranges as we await tomorrow's NFP and the return of China; ES +0.7%Holders of Evergrande-linked Jumbo Fortune bonds are reportedly yet to receive payment, holders next step would be to request payment from EvergrandeDXY remains
READ STORY[PODCAST] European Open Rundown 7th October 2021
Asia-Pac stocks traded in the green; Hang Seng outperformed while Mainland China observed the last day of Golden WeekIn FX, the DXY was steady above 94.00, EUR/USD hovered around 1.1550, Antipodeans outperformedUS and China have an agreement in principle for a Biden-Xi virtual meeting before the end
READ STORY[PODCAST] US Open Rundown 6th October 2021
Equities are pressured with sentiment firmly risk-off after the positive US handover fizzled out in APAC hours; ES -1.3%, Euro Stoxx 50 -2.2%In FX, the DXY has continued to make ground with the YTD peak of 93.504 in-sight, while debt is subdued but off lows as some safe-haven premium emergesGlobal T
READ STORY[PODCAST] European Open Rundown 6th October 2021
Asia-Pac bourses traded mostly lower after failing to sustain the initial momentum from Wall StMajor US indices closed higher as buyers returned to tech and the higher yield environment provided support for financialsThe White House commented that President Biden has confidence in Fed Chair Powell "
READ STORY[PODCAST] US Open Rundown 5th October 2021
European bourses are firmer shrugging off the APAC handover while US futures post gains of a smaller magnitude; ES +0.3%President Biden reportedly stated to progressives that the spending package needs to be between USD 1.9tln-2.2tlnIn FX, the DXY remains near 94.00 with havens lagging as sentiment
READ STORY[PODCAST] European Open Rundown 5th October 2021
Asia-Pac stocks were pressured following the tech sell-off in the US and several headwinds for global marketsPresident Biden reportedly stated to progressives that the spending package needs to be between USD 1.9tln-2.2tlnIn FX, the DXY hovers around the 94.00 mark, EUR/USD and GBP/USD eye 1.16 and
READ STORY[PODCAST] US Open Rundown 4th October 2021
Major bourses in Europe have adopted somewhat of a mixed picture following on from the broad-based downbeat cash openIn FX, the DXY briefly dipped below 94.000, EUR/USD and USD/JPY were choppy around 1.1600 and 111.00 respectivelyA total of 39 Chinese military jets flew into Taiwan’s air defence zon
READ STORYWeek Ahead 4-8th October: Highlights include USTR China speech, OPEC+, US jobs report, Services ISM, RBA, RBNZ, ECB minutes
MON: USTR US/China remarks, OPEC+ Meeting; Swiss CPI (Sep); EZ Sentix Index (Oct); US Durable Goods R (Aug)TUE: RBA Policy Decision; Australian Trade Balance (Aug); EZ, UK and US Markit Services and Composite Final PMIs (Sep); US ISM Services PMI (Sep)WED: RBNZ Policy Decision; NBP Policy Decision;
READ STORY[PODCAST] European Open Rundown 4th October 2021
Asian equity markets traded mixed amid the ongoing Evergrande default concerns; mainland China was awayIn FX, the DXY briefly dipped below 94.000, EUR/USD and USD/JPY were choppy around 1.1600 and 111.00 respectivelyA total of 39 Chinese military jets flew into Taiwan’s air defence zone on Saturday
READ STORY[PODCAST] US Open Rundown 1st October 2021
Bourses in Europe kicked off the first trading day of Q4 on the back foot, although the selling has somewhat stabilisedUS equity futures have also succumbed to the risk aversion; Chinese markets commenced the Golden Week holidayIn FX, the DXY maintains 94.00 status, EUR/USD trades sub-1.16 and GBP/U
READ STORY[PODCAST] European Open Rundown 1st October 2021
Asia-Pac stocks began Q4 on the backfoot following the negative handover from Wall St.The S&P 500 closed the month and quarter out with its worst performance since the start of the pandemicIn FX, the DXY maintains 94.00 status, EUR/USD trades sub-1.16 and GBP/USD remains pressuredCongress passed
READ STORY[PODCAST] US Open Rundown 30th September 2021
The upside momentum seen across US and European equity futures overnight stalled, with equities losing ground heading into the US sessionIn FX, DXY eclipsed 94.500, EUR/USD hit a 14-month low, USD/JPY trades on either side of 112.00Chinese official Manufacturing PMI disappointed, whilst the Non-Manu
READ STORY[PODCAST] European Open Rundown 30th September 2021
Asia-Pac stocks traded somewhat varied with the region indecisive at quarter-end and as participants digested a slew of data releasesChinese official Manufacturing PMI disappointed, whilst the Non-Manufacturing and Composite returned to expansionary territoryIn FX, the DXY remains on a 94.00 handle,
READ STORY[PODCAST] US Open Rundown 29th September 2021
Bourses in Europe are attempting to claw back some ground lost yesterday; the Oil & Gas sector lags while Tech recoversIn FX, DXY printed a new YTD high sub-94.00, EUR/USD hit fresh 2021 lows and the NZD underperformsEvergrande sold CNY 10bln of shares in Shengjing Bank that will be used to pay
READ STORY[PODCAST] European Open Rundown 29th September 2021
Asian equity markets were pressured on spillover selling from global peers which saw the S&P 500 suffer its worst day since MayTech losses were magnified as yields climbed and with sentiment also dampened by weak dataEvergrande sold CNY 10bln of shares in Shengjing Bank that will be used to pay
READ STORY[PODCAST] US Open Rundown 28th September 2021
Bourses in Europe extended on the losses seen at the cash open and trade lower across the boardUS equity futures have also been hit in tandem with the surge in global yields; NQ underperformsUS 10yr yield rose further above 1.50%, the 20yr topped 2.00% and the UK 10yr hit 1.00% for the first time si
READ STORY[PODCAST] European Open Rundown 28th September 2021
Asian equity markets traded mixed following on from a Wall Street lead where value outperformed growthThe DXY heads into the European open marginally softer with EUR/USD and GBP/USD on 1.17 and 1.37 handles respectivelyAdvances in the crude complex saw Brent reach USD 80/bbl for the first time since
READ STORY[PODCAST] US Open Rundown 27th September 2021
Bourses in Europe have trimmed the gains seen at the open, albeit the region remains mostly in positive territoryUS equity futures vary, with the NQ (-0.3%) lagging as yields tick higher, whilst the RTY (+0.4%) outperformsIn FX, the DXY eyes 93.500, EUR/USD fell below 1.1700 whilst USD/JPY inches cl
READ STORY[PODCAST] European Open Rundown 27th September 2021
Asian equity markets traded somewhat mixed with the region finding encouragement from reopening headlinesThat said, gains were capped heading towards month-end, while German election results remained tight and Evergrande uncertainty continued to lingerThe German election results saw a narrow victory
READ STORY[PODCAST] US Open Rundown 24th September 2021
European bourses and US futures are subdued with Evergrande updates sparse and participants looking to Fed speak, ES -0.3%Silence from Evergrande and lack of coupon payments for its offshore bonds, stirred uncertainty for the company & APAC sentimentThe DXY holds on to 93.00 but peers are genera
READ STORY[PODCAST] European Open Rundown 24th September 2021
Asian equity markets traded mixed with the region failing to fully sustain the impetus from the positive performance across global counterpartsSilence from Evergrande and lack of coupon payments for its offshore bonds, stirred uncertainty for the companyThe DXY holds on to 93.00 status with FX marke
READ STORY[PODCAST] US Open Rundown 23rd September 2021
Risk sentiment remains positive after the APAC-lead; however, latest Evergrande sources have tarnished sentiment somewhat, ES +0.6%Chinese authorities are asking local governments to begin preparations for the potential downfall of Evergrande, WSJ citing sourcesOn the subject, China has told Evergra
READ STORY[PODCAST] European Open Rundown 23rd September 2021
The FOMC gave notice that a reduction in the pace of asset purchases may soon be warrantedFed Median dot plot sees 1 hike in 2022 (prev. 0); 3 hikes in 2023 (prev. 2); 7 hikes through 2024; long run 9 (prev. 9)Asian equity markets traded mostly positively as the region took its cue from the gains in
READ STORY[PODCAST] US Open Rundown 22nd September 2021
Risk sentiment has strengthened on China's return to market amid PBoC liquidity operations and Evergrande developmentsEvergrande’s main unit Hengda Real Estate will make domestic coupon payments due tomorrow; offshore payments unclear, sourcesEquities are firmer with Europe marginally outperforming
READ STORY