The Premarket Movers & News by Newsquawk

Fed kept rates and QE unchanged as expected but caught markets off guard with hawkish Fed dot plotsFed raised IOER to 15bps (prev. 10bps) and hiked RRP rate to 5bps from 0bpsThe DXY surged above 91.00, EUR/USD and GBP/USD lost 1.20 and 1.40 handles respectivelyAsian equity markets traded mostly lowe

Equities are contained pre-FOMC, though we have picked up a touch as US participants arrive; ES +0.1%; Euro Stoxx 50 +0.3%China said it will release national reserves of copper, aluminium and zinc and ordered state firms to curb overseas commodities exposureThe USD is lower given inflation-induced G

Asian equity markets were subdued following the losses on Wall St; US equity futures traded flat overnightIn FX, the DXY was rangebound, EUR/USD remained above 1.2100, Cable traded under 1.4100 and USD/JPY held onto 110.00The US is considering establishing a permanent naval task force in the Pacific

European equities now see more of a mixed picture whilst US equity futures move sideways, with the ES and NQ just off ATHsIn FX, the DXY traded on either side of 90.50, GBP/USD lost 1.4100 status whilst USD/TRY extended gains above 8.5000Copper prices plumb the depths upon China's return with specul

Asia-Pac bourses were mixed as the positive bias from Wall St was offset after Chinese markets returned from the extended weekendUK PM Johnson confirmed a delay to the removal of further restrictions in England for four weeks until July 19thIn FX, the DXY consolidated around 90.50, EUR/USD little ch

European bourses are firmer but off highs after a holiday-thinned APAC handover; US equity futures meanwhile trade sidewaysDXY trades around 90.50 in a tight range, with peers somewhat mixed and GBP underperforming and NZD outperformingThe White House said the G7 agreed to a new global infrastructur

MON: EZ Industrial Production (Apr); Hong Kong and China Holidays (Tuen Ng Day/Dragon Boat Festival).TUE: Germany CPI Final (May); UK Jobs Report (Apr/May); US PPI (May) and Retail Sales (May); RBA Minutes (June).WED: FOMC Policy Decision; Japanese Trade Balance (May); Chinese Retail Sales (May) and

Asian equity markets began the week quiet amid holiday-thinned conditions with the absence of key markets; US equity futures traded flat with a mild upside biasIn FX, DXY remained above 90.50; EUR/USD printed on either side of 1.2100; GBP/USD tested 1.4100 to the downsideWhite House said the G7 agre

European bourses began tentative but have picked up modestly as the session progressed, while US futures pivot the U/C markBasic resource names outperform given base metals overnight while banks lag on the ongoing yield pullback and crude remains supportedDXY remains bid but off the weekly high with

Asian equity markets traded mixed as the region only partially benefitted from the momentum in the USIn FX, DXY traded in a tight range on either side of 90.00, EUR/USD and GBP/USD remained sub-1.2200 and below 1.4200 respectivelyECB sources said three policymakers wanted to cut PEPP purchases; some

European bourses are mixed/flat ahead of US CPI and the ECB while US futures are marginally diverging as the NQ modestly lags on firmer yieldsThe USD is firmer with peers mixed but contained while fixed income modestly pares recent upside and the US 10yr yield back to 1.50%US and Chinese commerce ch

Asian equity markets traded higher as US-China dialogue helped the region shrug off early cautiousnessUS and Chinese commerce chiefs reportedly agreed to push forward with trade and investment tiesThe DXY maintains 90.00 status, EUR/USD sits on a 1.21 handle and GBP/USD eyes 1.41 to the downsideA bi

European bourses are mixed/flat in a relatively quiet EU session while US futures have been unmoved for the morningChinese CPI missed forecasts while PPI continued to surge and registered the fastest pace of increase in factory gate prices since 2008Talks between US President Biden and Senator Capit

Asian equities traded mixed with price action confined to relatively tight rangesChinese CPI missed forecasts while PPI continued to surge and registered the fastest pace of increase in factory gate prices since 2008Talks between US President Biden and Senator Capito have officially ended with Biden

European cash and US equity future remain contained overall though were fleetingly pressured on multiple website outages globally with Fastly possible the cause; newsflow which lifted core debt to fresh highsIn FX, DXY gains a firmer footing above 90.00; GBP and JPY lag whilst the NOK was lifted on

Asian equity markets lacked direction following a similar indecisive performance on Wall StreetIn FX, the DXY holds on to 90.00, EUR/USD remains sub-1.22 and GBP/USD retreats furtherReports suggest that the UK's June 21st reopening plans could be delayed by two weeksUS Republican Senator Capito was

European bourses are contained in tentative and quiet trade during ECB & Fed blackout periods while US futures are faring marginally worse; ES -0.2%The DXY is essentially unchanged with peers somewhat mixed while core debt errs lower and yields are raised but still sub pre-NFP levelsPresident Bi

MON: German Industrial Orders and Manufacturing Output (Apr); EZ Sentix Index (JunTUE: Japanese GDP R (Q1); EZ Employment Final (Q1) and GDP R (Q1); Norges Bank Regional Network Report (Q2); German ZEW Survey (Jun) EIA STEOWED: BoC Policy Decision; Chinese Inflation (May); German Trade Balance (Apr)

Asian equities traded cautiously as the initial tailwinds from last week’s US jobs report eventually faded amid softer than expected Chinese trade dataIn FX, the DXY remains above 90.00, EUR/USD consolidated above 1.2150 and GBP/USD pulled further away from 1.42President Biden rejected the Republica

European bourses exhibit indecisive and lacklustre trade; US equity futures are also uneventfulDXY has waned off best levels but remains above 90.50, EUR/USD holds on to 1.21 status and GBP/USD reclaimed 1.4100EU regulators have opened a probe into Facebook (FB) marketplace; Facebook -1% pre-marketL

Asian equity markets traded cautiously following the tech-led declines in the US and with sentiment constrained by US-China tensionsRBI kept rates unchanged as expected but eventually announced further QE purchasesDXY remains firm above 90.50, EUR/USD holds on to 1.21 status and GBP/USD trades sub-1

European equities and US equity futures trade lower following a mixed APAC leadIn FX, the DXY probes 90.00 after briefly topping the level, EUR/USD and GBP/USD trade on either side of 1.2200 and 1.4200 respectivelyRussian National Wealth Fund is to exit USD assets with the new structure expected to

Asian equity markets eventually traded mostly positive as the region gradually broke free from the mundane tone from Wall StreetPresident Biden is to amend former President Trump's China blacklist to target key industriesFed announced plans to offload its corporate bond and ETF holdings that were pu

European bourses remain caged amid a lack of catalysts; US equity futures are similarly flatDXY reclaimed 90.00, EUR/USD lost 1.22 status and GBP/USD sits sub-1.4150Brent crude futures reclaimed USD 71/bbl whilst Iranian nuclear parties talks are adjourned for at least a weekLooking ahead, highlight

Asian equity markets traded mixed following a similar indecisive performance in the US where the mood was tentativeDXY remains below 90.0, EUR/USD maintains 1.22 status and GBP/USD sits sub-1.42Brent crude futures settled above USD 70/bbl yesterday for the first time since May 2019Looking ahead, hig