The Premarket Movers & News by Newsquawk

Asian bourses were mixed as the region partially shrugged-off the risk-averse mood that rolled over from US where early vaccine optimism faded amid COVID-19 concernsSelling in the US exacerbated heading into the close after New York City Mayor De Blasio announced the closure of all public schools fr

European bourses are currently modestly firmer after a slightly subdued start to the session; NQ (+0.3%) initially outperformed but RTY (+0.3%) has closed the gap as the session progressedHouse Speaker Pelosi and Senate Minority Leader Schumer sent Senate Majority Leader McConnell a letter calling t

Asian equity markets traded mostly higher as the region attempted to pick up from the weak handover from Wall StreetIn FX, the DXY remained below the 92.50 level, EUR/USD modestly extended gains, GBP/USD sits above 1.3250France is understood to have accepted there will be reduced fishing access to U

European bourses have begun the session with modest losses, which have picked up as US participants enter the fray, amid a lack of fundamental updatesTesla (TSLA) is to join S&P 500 prior to the open on December 21st, +12% in pre-market; Co. they are replacing will be announced prior to thisBrex

Asian equity markets were somewhat indecisive and only mildly benefitted from the performance on Wall St where both the S&P 500 and DJIA posted record levelsUK Chief Brexit Negotiator Frost told UK PM Johnson to expect a Brussels trade agreement early next week, according to The SunAn EU diploma

Value outperforming growth once again (RTY +1.0%/NQ +0.5%) while European bourses are off highs as this price action emerges in Europe as wellUS President-elect Biden is poised to speak today on plans for a post-COVID economic recovery and longer-term growth, tentatively scheduled for 13:45EST/18:45

Asian bourses kickstarted the week on the front foot and US equity futures extended on last Friday’s gains; ASX encountered technical problemsUS President-elect Biden is poised to speak today on plans for a post-COVID economic recovery and longer-term growth, tentatively scheduled for 13:45EST/18:45

MON: OPEC JTC & Diwali (India); Chinese Retail Sales & Industrial Production (Oct), Norwegian Trade Balance (Oct), US New-York Fed Manufacturing (Nov)TUE: RBA Minutes (Nov) & Hungarian Rate Decision, OPEC JMMC; Norwegian Consumer Confidence (Q4), US Retail Sales, Industrial Production, I

European bourses are mixed/firmer after a tepid open with European sectors illustrating changing dynamics throughout the morning in-spite of quiet newsflow; ES +0.7%, NQ +0.8%, RTY +0.8%FX features a depressed DXY with major peers largely firmer while fixed is firmer but off highs ahead of more cent

Asian equity markets weakened on spill-over selling from Wall Street; Hong Kong laggedWhite House confirmed an executive order prohibiting US investments in firms deemed to be owned or controlled by China’s militaryFed Chair Powell said the recovery in the US has been faster than expected but it has

US futures are mixed with ES flat as NQ outperforms +0.5% with the RTY lagging -0.3% in a continuation of yesterday’s pause in rotation dynamics; also evidenced via European sectorsUS, UK & EU have condemned China for the legislation taken against Hong Kong calling for it to be immediately remov

Asian equity markets traded mostly lower as sentiment gradually deteriorated from the mixed performance statesideUS President-elect Biden's current lead in Pennsylvania is reportedly larger than the margin for a recountUS National Security Adviser O'Brien said the US will sanction those responsible

Equities have seen a modest pause of the rotation exhibited since the PFE/BNTX update, evidenced via European sectors and NQ/RTY dynamics; US futures all broadly firmerGoldman Sachs has raised its 2020 S&P 500 target to 3700 from 3600, sees it reaching 4200 by the end of 2021 and 4600 by the end

Asian equity markets traded mostly higher as the region continued to benefit from the recent vaccine hopesWall Street saw mixed performance with a negative bias for tech stocks which suffered again from the rotation out of growth and into valueIn FX markets, the greenback was slightly softer but wit

Value-growth rotation remains in force with European banks outperforming as is the Russell 2000 future +1.90% while NQ -1.9%NIH's Fauci that the Pfizer vaccine is a big deal and there are still questions about its durability, while he added Moderna's results are expected soonUS Senate Majority Leade

Asian equity markets were mostly higher as the region took its cue from the predominantly strong performance stateside where the S&P 500 and DJIA rallied to fresh record highsNote, the broader US market retraced some of the gains heading into the close amid several bearish factorsNIH's Fauci sai

AP, NBC, CNN, Fox and Edison Research have all called the election for Democrat Presidential candidate BidenEuropean bourses exhibit a strong start to the week following a similar APAC handover with US futures firmer by similar magnitudes; ES +1.6%, NQ +1.9%, YM +1.5%Saudi Energy Minister says that

MON: Swiss Unemployment Rate (Oct), EZ Sentix (Nov), Mexican Inflation (Oct), US Employment Trends (Oct)TUE: Norges Bank Financial Stability Report & EIA STEO; Chinese Inflation (Oct), Australian NAB Business Confidence (Oct), UK Unemployment (Sep), Norwegian CPI (Oct), German ZEW (Nov), US NFIB

AP, NBC, CNN, Fox and Edison Research have all called the election for Democrat Presidential candidate BidenAsian bourses traded higher across the board and US equity futures were also lifted with risk appetite heightened post-election outcomeChinese trade balance and exports topped estimates, altho

The electoral vote tally remains unchanged from yesterday with Biden at 264 votes, including Arizona (11 EC votes), and President Trump at 214 votesGeorgia (16 EC votes) counts now have Biden leading by over 1k votes; with Arizona, Biden would have 280 EC votes without AZ he would hold 269However, d

The electoral vote tally remains unchanged from yesterday with Biden at 264 votes (including Arizona) and President Trump at 214 votesThe key states still to be declared include Nevada (6 votes), Georgia (16 votes), North Carolina (15 votes) and Pennsylvania (20 votes)FOMC left rates unchanged at 0.

The winner of the US Presidential Election has still yet to be declared, although Democrat Candidate Biden leads in electoral votesIn the immediacy, we are expecting updates from Nevada (6 ECV) from 12:00ET/17:00GMT today while Arizona (11 ECV) is not expected until after 21:00ET Thursday / 02:00GMT

The winner of the US Presidential Election has still yet to be declared, although Democrat Candidate Biden currently leads in electoral votesFox News tallies President Trump at 214 vs. Biden at 264, while CNN tallies President Trump at 213 vs. Biden at 253The race has also been complicated by the th

US ELECTION UPDATEAs things stand, the outcome of the US election is finely poised: early doors, the ‘Biden playbook’ was seen, but as the former Vice President failed to take some of the key states he would have needed to in order to put the election to bed on the night (Southern states are still u

As things stand, the outcome of the US election is finely poisedEarly doors, the ‘Biden playbook’ was seen, but as the former Vice President failed to take some of the key states, there was a shift in betting marketsHowever, even that impulse could not be sustained with some of the key swing states