The Premarket Movers & News by Newsquawk

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

Sentiment has continued to slip after a tentative APAC session, Euro Stoxx 50 -0.6%, ES -0.5%, after Biden's largely as expected rescue plan announcementPresident-elect Biden unveiled his USD 1.9tln rescue plan which included a boost in stimulus payments to USD 2,000Biden will announce his recovery

Asian equity markets were subdued after failing to shrug-off the weak lead from the US where major indices were dragged lowerPresident-elect Biden unveiled his USD 1.9tln rescue plan which included a boost in stimulus payments to USD 2,000Biden will announce his recovery plan in February and caution

European bourses are largely unchanged, Euro Stoxx 50 +0.1%, with cyclicals outperforming (RTY +0.8%) ahead of Biden alongside European tech bolstered by TSMC earningsPresident-elect Biden’s stimulus plan could be valued at USD 2tln which would be USD 700bln greater than what Senate Democrat Leader

Asian equity markets traded mixed with cautious gains in the major regional bourses after the tech-rebound on Wall St. and better than expected Chinese trade dataIn FX, DXY is firmer and briefly eyed 90.50, EUR/USD sits just above 1.2150 and GBP/USD remains on a firm footing above 1.36President-elec

European indices have been somewhat choppy but relatively contained thus far, Euro Stoxx 50 -0.1%; with similar performance in US futures ES -0.1%US Officials have reportedly been told that JNJ is up to two-months behind its COVID-19 vaccine production schedule, NY TimesUS House voted to urge VP Pen

Asian equity markets mostly lacked firm direction as bourses took their cue from the rangebound session in the US where tech losses were offset by cyclicalsIn FX markets, the DXY briefly slipped below 90.00, EUR/USD reclaimed 1.22 and GBP/USD eyes 1.37Several FOMC speakers pushed back on the prospec

European bourses are somewhat mixed, Euro Stoxx 50 -0.2%, in a continuation of the mixed APAC session but magnitudes are overall somewhat more modest; ES +0.2%USD is broadly unchanged in-spite of coming under pressure via GBP as the BoE Governor highlighted issues regarding NIRP, in contrast to rema

Asian equity markets traded cautiously as the region struggled to break from the weak performance among global peersIn FX markets, the DXY holds on to gains around 90.50, EUR/USD hovers around 1.2150 and Cable maintains 1.35+ statusHouse Majority Leader Hoyer commented that there may very well be a

European indices began the week on the backfoot, Euro Stoxx 50 -0.4%, following a similar APAC handover; stateside, ES -0.5%US National Security Adviser O'Brien said the US is examining additional options to respond to China regarding the virus and Hong KongSecretary of State Pompeo announced the US

Asian equity markets began the week indecisively as ongoing COVID-19 concerns and US-China tensions contributed to the cautious moodSecretary of State Pompeo announced the US is to remove all self-imposed restrictions on executive branch agencies’ interactions with their counterparts from TaiwanUS N

European indices saw a positive start to the session, bolstered in particular by tech; but, have since pulled back to a slightly more mixed performance overall as banks slip, Euro Stoxx 50 +0.4%, ES +0.3%The USD began firmly on the front-foot aided by further upside for US yields, 10yr at 1.08%; how

Asian equity markets traded mostly positive on momentum from the fresh all-time highs on Wall St where the Nasdaq led the advancesIn FX markets, the DXY briefly tested 90.00 to the upside, weighing on EUR/USD and GBP/USDPresident Trump condemned the riots and stated that his focus was on a smooth an

Indices are somewhat mixed, Euro Stoxx 50 U/C and ES +0.2%, as the modestly pro-cyclical start to the European session fizzled outDXY has seen a marked recovery from the session low, with the index in proximity to 90.00 at best; with the US 10yr yield at 1.03%, though USTs themselves are relatively

Asia-Pac bourses traded mostly higher as the region reacted to the gains on Wall St (ex-Nasdaq) post-Georgia electionUS Congress paused the election certification for several hours and Capitol Hill staff were told to evacuate amid chaos after pro-Trump protestors broke through barriers and sieged th

Desks have called Warnock (D) as the winner against incumbent Loeffler (R); while Ossoff (D) currently leads against Perdue (R) - but, thus far most major outlets have not called this raceGiven the seeming result of Democrats controlling the Presidency, House & Senate the fiscally driven reflati

In Georgia, Democrat Warnock leads Republican incumbent Loeffler at 50.4% vs 49.6% and Democrat Candidate Ossoff is in a virtual tie with Republican incumbent Perdue at 50% vs 50% with around 97% of votes counted in both racesUS equity index futures head into the EU open softer, albeit the magnitude

Equity performance has been choppy but contained, Euro Stoxx 50 -0.1%, ES +0.2%, as participants weigh further COVID developments ahead of key risk events this weekNYSE announced that it is no longer planning to delist Chinese telecom firmsOPEC document shows that one scenario developed by OPEC+ inc

Asian equity markets traded cautiously following on from the uninspiring performance on Wall St where major indices declined from record levelsNYSE announced that it is no longer planning to delist Chinese telecom firmsUK PM Johnson announced a national lockdown in England, as expected from Tuesday

European indices are bolstered this morning following a largely firmer APAC handover, Euro Stoxx 50 +0.9%, ES +0.5%, with focus on the week's impending risk eventsUS President Trump was recorded on audio tape to have pressured the Georgia Secretary of State to find enough votes to overturn the resul

Asian equity markets began 2021 mostly higher while US equity futures traded indecisively after stalling at record levelsChinese Caixin Manufacturing PMI fell short of estimates but still printed an 8th consecutive month in expansionary territoryUK PM Johnson has warned that tougher lockdown restric

Equity price action is contained and somewhat directionless amid the lack of newsflow as we await Brexit/fiscal updates; ES +0.2%, FTSE 100 -0.1%UK PM Johnson and European Commission President von der Leyen expected to hold a call today followed by a press-conferenceGBP continues to grind higher ahe

APAC stocks traded mostly higher following a similar lead from Wall Street; Mainland China laggedUK PM Johnson is expected to make the Brexit deal announcement at around 08:00GMT/03:00ESTUS GOP Leader McCarthy will object to measure on USD 2,000 checks; House may try to advance an interim spending b

Equity Indices are firmer this morning, Euro Stoxx 50 +0.7%, ES +0.3%, amid a quiet European session from a fundamental perspective as sentiment still resides on fiscal & Brexit mattersPresident Trump says he won't sign the stimulus package until stimulus payments are increased to USD 2k and unn

Asia-Pac bourses gained across the board but US and European equity futures were subduedUS President Trump warned he will not sign the stimulus package until Congress amends itTrump wants stimulus payments to be raised to USD 2,000 from the bill's USD 600; Pelosi said Democrats are ready to bring th