The Premarket Movers & News by Newsquawk

US futures are supported, but off highs with ES +1.2% as the DXY dips (-0.4%) and USTs curve bear-steepensFiveThirtyEight projects Biden has an 89% chance of winning the election vs. 10% chance for President Trump & a CNBC poll has Biden ahead of Trump in 6 battleground statesThe RBA cut rates b

Asian equity markets were higher across the board after following suit from the gains on Wall StThe RBA cut rates by 15bps as expected and announced an AUD 100bln boost to its QE programmeGovernor Lowe noted that the RBA has not run out of firepower but also pushed back against the prospect of negat

European bourses are bolstered this morning, shrugging off initial COVID-19 tentativenessAdditionally, Chinese official manufacturing & non-manufacturing and Caixin manufacturing PMIs all exceeded expectationsReports noted that UK & EU Brexit negotiators were zeroing in on a solution to brea

Asian equity markets traded with cautious gains and US stock index futures were choppy amid tentativeness moving into a risk-packed weekChinese official manufacturing & non-manufacturing and Caixin manufacturing PMIs all exceeded expectationsReports noted that UK & EU Brexit negotiators were

European bourses have pared back the US-induced downside post multiple large-cap earnings in the after market; ES -0.7%, NQ -1.2%Nasdaq is weighed on in-spite of Apple, Alphabet, Amazon, Facebook and Twitter all beating on top and bottom linesElizabeth Warren is reportedly set to request to become J

Asian equity markets weakened heading into month-end and after US stock index futures faded the recovery seen on Wall StreetDisappointment was observed in the wake of big tech earnings despite Apple, Alphabet, Amazon, Facebook and Twitter all beating on top and bottom linesECB sources stated that po

European cash indices have been choppy but futures have staged a modest recovery after yesterday’s COVID-19 concerns amid the busiest day of earnings season for Q3However, crude has continued to deteriorate throughout the morning dropping below multiple key figuresRegeneron (REGN) COVID-19 outpatien

Asian equity markets traded mostly lower following the bloodbath on Wall St where all major indices declined by more than 3%BoJ maintained policy settings as expected and continued to signal a lack of urgency for immediate supportRegeneron (REGN) COVID-19 outpatient trial prospectively demonstrates

European indices are posting substantial losses, Stoxx 50 -2.5%, but off lows of some -3.5% earlier in the session; stateside, ES -1.3%Concern around COVID-19 has intensified with France & Germany reportedly to implement lockdown restrictions imminentlyUS House Speaker Pelosi said Democrats are

Asian equity markets lacked firm direction following the mixed performance of stateside peers as earnings season and the upcoming election provided a cautious settingUS stock index futures were further pressured after-hours on European shutdown concerns after reports stated France and Germany were m

European bourses are subdued this morning, Stoxx 50 -0.5%, as selling pressure resumed post-cash open; stateside, ES +0.3%European Banks are bolstered after earnings from HSBC & Santander with oil & gas performing well post-BP and as Hurricane Zeta is set to re-strengthenFX features a mixed

Asian equity markets resumed the weak performance seen across global peers which culminated in Wall St’s worst day in over a monthIn FX markets, the DXY surrendered the 93.00 level overnight, providing mild support for its major counterpartsUS congressional committees have reportedly made some progr

Indices have started the week on the backfoot with substantial losses given COVID-19 concerns & heavyweight SAP posting disappointing earningsSAP (-19.0%) missed on revenue cut FY20 guidance and pushed out 2023 targets by two-years; Stoxx 600 tech sector -5.3%France and Italy reported record sur

Asian equity markets began the week lacklustre and US equity futures were pressured with risk appetite subdued by the deteriorating COVID-19 situation in EuropeFrance and Italy reported record surges in daily infections, whilst Spain announced a state of emergencyAstraZeneca’s COVID vaccine is said

European bourses are posting modest gains this morning, Stoxx 50 +1.0%, after well-received banking updates & manufacturing PMI upside overshadowing services slumping furtherStateside, ES +0.2%, NQ U/C, DJIA +0.3%Markets saw little reaction to the final Presidential Debate with US equity futures

APAC stocks traded mostly in the green following a modestly positive lead from Wall StreetThe final Presidential Debate prompted little market action, but was overall structured, civilised and touched upon policyUS President Trump said a COVID-19 vaccine is ready and will be announced in the coming

European bourses are subdued this morning, Stoxx 50 -0.2%, but off lows with fundamental updates sparse and US futures posting similar declines; ES -0.2%Differences continue to narrow but more work needs to be done on US stimulus and Pelosi & Mnuchin will speak again todayUS FBI Director said US

Asia-Pac equities traded with losses across the board as the region took its cue from the downbeat Wall Street handoverDifferences continue to narrow in US stimulus talks but more work needs to be done. Pelosi and Mnuchin will speak again today, according to her aideUS FBI Director said US has ident

European bourses are pressured this morning in-spite of limited fundamental updates, Stoxx 50 -0.9%; stateside, futures are off lows, ES +0.1%House Speaker Pelosi & Treasury Secretary Mnuchin are moving closer to a deal and will speak later today; however, McConnel sees a vote on a deal prior to

APAC stocks were mostly higher after a modestly firm handover from Wall Street; Mainland China underperformedUS House Speaker Pelosi and Treasury Secretary Mnuchin are moving closer to a stimulus deal and will speak again today, according to her aideSenate Majority Leader McConnell reportedly told S

European bourses are mixed to flat in a relatively lacklustre session thus far while US futures remain supported, ES +0.7% ahead of the Democrats stimulus deadlineUS Chief of Staff Meadows spoke with Treasury Secretary Mnuchin on COVID-19 relief, said there has been progress but no breakthrough yetM

Major APAC indices traded lower across the board after Wall Street suffered another down dayUS Chief of Staff Meadows spoke with Treasury Secretary Mnuchin on COVID-19 relief, said there has been progress but no one is "popping the champagne corks yet"EU's Chief Brexit Negotiator Barnier has reporte

European bourses are firmer but off highs (Stoxx 50 +0.6%) with fundamental newsflow light and focus on Pelosi’s stimulus deadline; ES +0.7%House Speaker Pelosi said she is optimistic on a COVID-19 relief bill before the election. Pelosi gave a 48-hour deadline to the Trump adminChinese Q3 GDP misse

APAC stocks traded mostly higher; but gains in Mainland China waned post-GDPHouse Speaker Pelosi said she is optimistic on a COVID-19 relief bill before the election. Pelosi gave a 48-hour deadline to the Trump adminChinese government officials are warning the US they may detain US nationals in Chin

European bourses are firmer this morning, Stoxx 50 +1.0%, seemingly in a pick-up from yesterday’s performance as newsflow remains light; ES +0.1%WHO trial indicates Gilead's remdesivir appeared to have little or no effect on 28-day mortality or in-hospital course of COVID-19 patientsPfizer (PFE) cou