The Premarket Movers & News by Newsquawk

Asian equity markets advanced after the firm handover from Wall St with the resurgence led by the tech sectorIn FX markets, the DXY marginally pulled back after advancing above 91.00, EUR/USD and GBP/USD remain below 1.21 and 1.37 respectivelyTalks aimed at reviving Italy's collapsed ruling coalitio

European indices began the session on the front-foot, Euro Stoxx 50 +1.3%, ES +1.0%, with sectors predominantly positive and basic resources shining following silver's outperformanceChinese official manufacturing, non-manufacturing and Caixin manufacturing PMI data all fell short of estimates but re

SUN: Chinese Official PMIs (Jan)MON: Chinese Caixin Manufacturing PMI Final (Jan); EZ, UK and US Manufacturing PMI Final (Jan); US ISM Manufacturing PMI (Jan).TUE: RBA Policy Announcement; EZ Flash GDP (Q4); US ISM New York (Jan); New Zealand Labour Market Data (Q4).WED: Chinese Caixin Services PMI

A positive tone was observed in the Asia-Pac region and US equity futures recovered from the early stumble seen at the reopenChinese official manufacturing, non-manufacturing and Caixin manufacturing PMI data all fell short of estimates but remained in expansion territoryIn FX markets, the DXY heads

Indices have been under pressure in a continuation of the APAC deterioration; however, both European bourses and US futures are well off lows, Euro Stoxx 50 -0.7% & ES -0.5%Novavax (NVAX) vaccine was 89% effective against COVID-19, according to a UK study; however, efficacy was 60% in a South Af

Asian equity markets steadily deteriorated as the initial emboldenment from the rebound on Wall St gradually fadedNovavax vaccine was 89% effective against COVID-19, according to a UK study. However, efficacy was 60% in a South African TrialIn FX, the DXY recouped some lost ground overnight, EUR/USD

Equity indices were pressured from the European cash open in a continuation of APAC performance; subsequently, this downside intensified though we are currently well off lows - Euro Stoxx 50 -0.3%, ES -0.1%Apple -3%, Facebook -1% & Tesla -6% all reported after the close with pressure attributed

FOMC left rates unchanged and maintained the size of its asset purchase programme, as expectedFOMC noted that the pace of US economic activity and employment moderated in recent monthsAsia-Pac indices were negative on spillover selling from the US where stocks had their worst day since OctoberBetter

European bourses began the session indecisive following a mixed APAC handover but subsequently selling pressure has intensified; Euro Stoxx 50 -1.4%, ES -0.6% though NQ (U/C) outerperforms somewhat post-MSFTMSFT beat on top and bottom lines and are +2.8% in the pre-market while chip names have been

Asian equities traded mixed and attempted to shrug off the weak handover from the US where there was a slight negative biasA late boost was seen in Nasdaq 100 futures after-hours due to strong results from Microsoft which beat on top and bottom linesECB will reportedly query dollar weakness and is t

European bourses were initially mixed following the subdued APAC lead but have since experienced notable upside amid a lack of fresh catalysts; Euro Stoxx 50 +1.4%, ES U/CItalian PM Conte has reportedly informed his cabinet of his intention to resign and is to meet with President Mattarella on the m

Asian equity markets declined across the board with sentiment subdued after the flimsy risk appetite amongst global peersItalian PM Conte has convened a cabinet meeting for Tuesday to inform ministers he is resigning; will likely seek to form a new governmentIn FX, the USD is broadly firmer against

European indices faded opening gains in-light of a subdued German Ifo print and in contrast to the firmer APAC handover; Euro Stoxx 50 -0.1%, ES +0.2%German Ifo (Jan) readings missed expectations and dropped from the prior with the institute noting services continues to represent the majority of the

MON: German Ifo Survey (Jan); EZ Sentiment Survey (Jan); Chinese President Xi to speak.TUE: UK Employment data (Dec).WED: FOMC Policy Decision; Australian CPI (Q4); German GfK Survey; US Durable Goods (Dec); Japanese Retail Sales (Dec); New Zealand Trade Balance (Dec).THU: German Prelim CPI (Jan); U

Asian equity markets began the week with a mildly positive tilt whilst US equity futures rebounded from Friday’s losses, although upside was limitedIn FX, the DXY heads into the EU session softer, prompting support in major counterparts with GBP/USD reclaiming 1.37 statusChina is looking for a meeti

Indices remain pressured following cautious APAC trade with downside exacerbated by the deterioration in oil; Euro Stoxx 50 -1.2%, ES -0.7%The EUR saw a resurgence following the German PMIs with EUR/USD just below 1.2200 at best to the detriment of the DXY paring its advances and bolstering FX peers

Asian equity markets traded cautiously after the mixed lead from Wall St where most indices stalled at record levelsThe Nasdaq was bolstered by continued strength in large tech including firm gains in Intel which announced its results prior to the closing bellUS Treasury Secretary nominee Yellen sai

Indices are firmer this morning with European tech the outperformer following yesterday's Nasdaq performance; currently, ES +0.1% & NQ +0.4%BoJ, Norges Bank & CBRT left policy parameters unchanged with the ECB ahead; the EUR is currently firmer bolstered alongside peers as the USD remains pr

Asia-Pac bourses took impetus from the gains on Wall Street where stocks rallied to all-time highs and the Nasdaq outperformedBoJ kept policy settings unchanged as expected whilst reiterating that it will not hesitate to act further if neededIn FX, the DXY was subdued beneath 90.50, EUR/USD reclaime

European indices and US futures are firmer this morning, Euro Stoxx 50 +0.6% & ES +0.4%, but with the Nasdaq +0.8% leading the way after updates from Netflix and European tech giant ASMLUS President-elect Biden's incoming Secretary of State Blinken said President Trump was right in taking a toug

Asian equity markets were mostly positive as the region partially sustained the momentum from the tech-led gains on Wall StUS President-elect Biden's incoming Secretary of State Blinken said President Trump was right in taking a tougher stance on China but disagrees with the way he did itECB is repo

Indices are firmer this morning with the gains more pronounced stateside vs Europe, Euro Stoxx 50 +0.2%, ES +0.8%, while the RTY outperforms +1.3% ahead of Yellen's hearingTreasury Secretary nominee Yellen is expected to call for big action to spur a recoveryGerman Chancellor Merkel is reportedly lo

Asian equity markets mostly rallied with risk appetite spurred as trade picked up from Monday’s holiday lullItalian PM Conte won a vital confidence vote in the Chamber of Deputies and now faces a more difficult test at the Senate on TuesdayThe DXY retreated further away from its recent failed attemp

MON: Chinese GDP (Q4), Industrial Production (Dec) and Retail Sales (Dec); Eurogroup Meeting; US Martin Luther King Jr. Day.TUE: German ZEW Survey (Jan); EU Economic and Financial Affairs Council.WED: US President-elect Biden's inauguration; PBoC LPR Setting (Jan); BoC Policy Decision; German GfK Se

Asian equity markets began the week cautiously after Friday’s losses on Wall St. Mixed Chinese GDP added to the tentative mood for stocksChinese GDP Q/Q disappointed, Y/Y growth beat, while Industrial Production also exceeded expectations but was offset by softer Retail SalesIn FX, the DXY saw chopp