The Premarket Movers & News by Newsquawk

Asian equity markets eventually traded mostly lower as underperformance in tech sapped the early momentum from stimulus progressThe US Senate passed the USD 1.9tln COVID-19 relief bill. The House is set to vote on the bill on TuesdayChinese trade data showed February YTD exports surged by 60.6% Y/Y

European equity indices have been somewhat choppy within ranges printing a slightly mixed performance while US futures are contained but erring higherDXY strengthens post-Powell to the detriment of peers though yields are steady but at comparatively elevated levels pre-NFPCrude surges after the OPEC

Asia-Pac bourses extended on recent declines amid spillover selling from the US where tech took the brunt again and the bond rout persistedFed Chair Powell stuck to a dovish script and noted that that the current stance is appropriate which came as a disappointment for those awaiting commentary on S

European equity indices & US futures are negative with RTY the underperformer, -1.0%DXY strengthens pre-Powell to the detriment of peers who reside predominantly negativeCrude has been tempered ahead of the OPEC+ confab whilst precious metals trade lacklustreWHO said COVID infection rates have r

Asian equity markets declined across the board as the region followed suit from the losses on Wall StUS tech stocks underperformed and sentiment was pressured by a resumption of rising yieldsThe DXY held on to most of yesterday's gains around 91.00, EUR/USD oscillated around 1.2150, GBP/USD remains

European equity indices & US futures are firmer with RTY the outperformer, +1.2% & DAX cash printed record highsDXY is choppy with peers mixed at present and USD/JPY nearing 107.00 while GBP is erring higher pre-budget (12:30GMT/07:30EST)ECB sources state no need for drastic action to curb a

An improved mood was observed in Asia as equity markets shrugged off the weak handover from Wall StreetMajor US indices declined as tech lagged again with regulatory concerns also adding to the selling pressureChinese Caixin Services PMI printed its lowest reading since April last yearIn FX, the DXY

European equity indices stabilise but US futures are softer with RTY the underperformer, -0.9%The DXY has seen upside to the modest detriment of major peers, though off highs/lows respectively, while yields continue to consolidateEZ CPI was as expected whilst Germany will reportedly extend its lockd

Asian equity markets whipsawed as risk momentum gradually waned despite the region initially taking impetus from the rally on Wall StAll major US indices notched substantial gains with the S&P 500 posting its best performance in almost nine monthsThe US will examine how the Treasury, Commerce De

European equity indices and US futures are firmer on the session with RTY the outperformer, +2.0%DXY has seen upside & hovers around the 91.00 handle, with lower-yield peers underperforming while US 10yr yields stabiliseJohnson & Johnson's COVID-19 single-dose vaccine has received approval f

Asian equities saw a recovery from Friday's losses alongside a rebound in bond markets; US 10yr yield currently ~1.40%Johnson & Johnson's COVID-19 single-dose vaccine has received approval from US authoritiesChinese Official Manufacturing PMI and Caixin Manufacturing PMI missed expectations but

European equities pressured. US futures softer, but to a lesser extent; E-mini S&P -0.1%DXY has seen upside and resides near best levels after surmounting 90.50, to the detriment of its broader peersUS President Biden's USD 15/hr minimum wage proposal was ruled out of order for the Senate relief

Asia-Pac stocks slumped after reacting to the sell-off on Wall St amid a global bond rout and surge in yieldsFed speakers once again provided very little pushback to the rising yield environment; US 10yr breached 1.6% yesterdayIn FX markets, the DXY remains firmer but retreated marginally alongside

European equity indices were firmer across the board but are now a touch mixed in-fitting with US equity futures where the NQ is underperforming, -0.9%DXY has seen downside and resides at its lowest level just maintaining 89.70 to the benefit of its broader peers though JPY remains hindered given ra

Asia-Pac stocks rebounded from yesterday’s sell-off after the region took impetus from the strong performance on Wall StBank of Korea maintained the 7-Day Repo Rate at 0.50% as expected through a unanimous decisionA study tracking the use of the Pfizer/BioNTech vaccine in Israel shows that the vacci

European equity indices (ex-FTSE 100) and US futures are firmer on the session with RTY the outperformer, +0.7%US 10yr yields are flat on the session at 1.3680%; DXY has seen slight upside after initial downside where it lost the 90.0000 handleWTI and Brent are positive and in proximity to best leve

Asia-Pac bourses traded lacklustre following on from the mixed performance stateside where the major US indices spent most of the session clawing back early tech-led declinesHong Kong announced it will increase stamp duty for stock trading to 0.13% from 0.10%RBNZ kept the OCR at 0.25% and LSAP at NZ

Equity indices are notably pressured, Euro Stoxx 50 -1.5%, while the FTSE 100 -0.8% is the relative-outperformer and NQ, -1.7%, underperforms as tech lags; TSLA -6.0%Crude remains underpinned but has given up earlier highs given the broader deterioration while precious metals are hindered but XAU fa

Asian equity markets eventually traded mostly positive after initial choppy price action following on from the mostly negative lead via Wall StSentiment in the US was pressured amid underperformance in tech and continued increases in yieldsIn FX, the DXY continued to fade yesterday’s initial strengt

European indices and US futures are seeing downside as the NQ -1.2% underperforms in-fitting with the tech sector lagging; while crude remains supportedUS yields continue to extend, 10yr overnight peak 1.3940%, the debt itself is off-lows given the broader tone though still subduedPfizer/BioNTech CO

MON: PBoC LPR Setting; Bank of Israel Policy Announcement; German Ifo Survey (Feb); New Zealand Retail Sales (Q4)TUE: UK Employment Report (Dec) and Claimant Count (Jan); EZ CPI Final (Jan)WED: RBNZ Policy Announcement; German GDP (Q4)THU: BoK Policy Announcement; German GfK Consumer Sentiment (Mar)

Asian equity markets began the week indecisively with weekend newsflow not providing much to spur sentiment in either directionIn FX, the DXY remains supported with the US 10yr yield reaching 1.3940% overnight. GBP/USD maintains 1.40 statusUK PM Johnson is to announce his roadmap for exiting lockdow

European indices and US futures are supported as the RTY +0.9% outperforms with US yields firmer but off highsCrude is under pressure, but off lows, as Texas weather and potential geopolitical risk-premia begins to unwindBiden will reportedly say the US is not looking for a cold war with China but p

Asian equity markets traded negatively following a weak handover from Wall St where the major indices declinedHouse Speaker Pelosi said the House will vote on the USD 1.9trln stimulus bill at the end of next weekSenior Democrats discussed proposing as much as USD 3tln of additional spending on a job

European indices and US futures are softer on the session as the NQ -0.8% continues to lag and European sectors are dictated by earnings; Euro Stoxx 50 -0.3%, ES -0.4%Study on the Pfizer/BioNTech vaccine seemingly indicates that it is significantly less effective on the South African variantWTI and