The Premarket Movers & News by Newsquawk

Asia-Pac equities traded mostly lower following on from another downbeat handover from Wall StreetWHO trial indicates Gilead's remdesivir appeared to have little or no effect on 28-day mortality or in-hospital course of COVID-19 patientsIn FX, DXY was uneventful, holding onto the prior day’s gains,

European bourses are suppressed as risk-off reigns amid rising COVID-19 cases and renewed lockdown restrictions in major European cities; Dax Dec’20 -3.0%, ES -1.1%US Treasury Secretary Mnuchin said the Trump administration will keep trying to get a deal on COVID-19 relief, stating that President Tr

APAC equity markets traded mostly lower; ASX 200 bucked the trend whilst Hang Seng laggedUS sanctions have been imposed on Hong Kong Chief Executive Carrie Lam, according to a statement on the US Treasury's websiteA US battleship crossed the Taiwan Strait on Wednesday, the US Navy said; China said i

European bourses are modestly softer this morning with downside emanating as we approach US hours; ES -0.2%, below 3500GBP took fleeting impetus from reports the UK will not immediately walk away from Brexit talks with the PM said to decide the path on FridayIEA monthly oil market report left 2020 &

APAC stocks traded with little in the way of conviction and within tight ranges following a downbeat Wall Street handoverEli Lilly's (LLY) trial of its coronavirus antibody treatment has been paused over safety concernsSenate Majority Leader McConnell said he will table a stimulus proposal for USD 5

European bourses are subdued in a scaling back of yesterday’s gains with similar performance in ES & Dow but Nasdaq outperforms +0.7%Johnson & Johnson (JNJ) COVID-19 study paused due to unexplained illness in a participantWhite House has reportedly asked Congress to approve three separate ar

APAC markets traded mixed; Australia outperformed, Hong Kong trade was cancelledJohnson & Johnson confirmed they have paused all dosing in Janssen COVID-19 vaccine candidate trials due to an unexplained illnessChinese Customs spokesman said they are paying attention to the impact of USD/CNY fluc

European bourses/US futures have been choppy but ultimately exhibit modest gains this morning; ES +0.3%US House Speaker Pelosi said we remain at an impasse in COVID-19 aid talks; Mnuchin and Meadows have called for immediate use of remaining PPP fundsPresident Trump states he no longer has COVID-19

MON: --TUE: Bank of Indonesia Monetary Policy Decision; UK Labour Market Report (Aug); German ZEW Survey (Oct); US CPI (Sep); OPEC Monthly Oil Market ReportWED: BoK Monetary Policy Decision; Singapore MAS, IEA Oil Market ReportTHU: UK's de-facto deadline for UK-EU deal; European Council Summit (Day

APAC equity markets kicked the week off mixed; Chinese markets outperformed, Nikkei laggedPBoC lowered its RRR on FX forwards for financial institutions to 0% from 20% starting todayUS House Speaker Pelosi said we remain at an impasse in COVID-19 aid talks; Trump admin has called on Congress to pass

US futures are firmer given overnight stimulus comments and deriving further strength as US participants approachSpeaker Pelosi & Treasury Secretary Mnuchin spoke again while Trump is reportedly open to more than a skinny billPresident was concerned by the market reaction to him walking away fro

Asian equity markets traded mixed but with a mildly positive bias as US equity futures extended on the prior day’s gainsPresident Trump noted optimism that stimulus talks are beginning to work and was said to be open to something larger than a skinny billPresident Trump was said to be worried about

European bourses & US futures are firmer in choppy trade amidst limited new fundamental catalystsUS Vice Presidential debate saw Harris & Pence exchange blows in an attempt to discredit the records of both Presidential candidates; CNN poll shows Harris winning the debateFX is relatively rang

Asian equity markets traded mostly positive as the region took its cue from the rebound in the USFOMC minutes provided little in the way of fresh information with no greater clarity on how far the Fed would permit inflation to overshoot its targetIn FX markets, the DXY is modestly softer, but above

European bourses are modestly softer while US futures recuperate after Trump’s stimulus update yesterdayTrump says he is ready to immediately sign a standalone stimulus check billUS House Democrats stated that Facebook (FB), Amazon (AMZN), Alphabet (GOOG), Apple (AAPL) enjoy ‘monopoly power’ and rec

Asian equities traded mixed as the region partially shrugged off the negative mood which initially rolled over from Wall StUS stocks slumped after US President Trump announced that he is to walk away from COVID relief talks until after the electionUS President Trump instructed Senate Majority Leader

European bourses & US futures are modestly softer in a rangebound session featuring little fundamental updatesUS President Trump has returned to the White House stating he feels great and vaccines are coming momentarily; reportedly planning to partake in the next debateBiontech (BNTX) and Pfizer

Asian equity markets traded positively following the firm handover from global peers as markets track stimulus developments and US President Trump’s healthUS President Trump has left the Walter Reed Medical Centre and returned to the White HouseUS President Trump is planning to participate in the ne

US futures are firmer but off session highs amidst relatively quiet newsflow with focus on updates from the PresidentUS President Trump’s condition continued to improve and he may be discharged from the hospital as early as Monday, according to his medical teamThe latest election polls showed a wide

MON: EZ, UK and US Services and Composite PMI Final (Sep); EZ Sentix (Oct); US ISM Non-Manufacturing PMI (Sep); Eurogroup Meeting; RBI Policy Decision (TBC)TUE: RBA Monetary Policy Decision and Australian budget; EIA STEOWED: US Vice Presidential Debate; FOMC Minutes (Sep); China Golden Week Holiday

US President Trump’s condition continued to improve and he may be discharged from the hospital as early as Monday, according to his medical teamAsian equity markets and US equity futures began the week with a constructive tone as the regional bourses reopened from recent holiday closuresThe latest e

President Trump tested positive for COVID-19; announcement sparked a risk-off move featuring ES dropping to current session lows in proximity to -2.0%Sentiment remains largely driven on POTUS’ update with DXY firmer but now just back below 94.00 and UST’s firmer with the curve bear-flatteningUS Hous

Asian equity markets trade lower and the E-mini S&P is showing losses in excess of 1% after US President Trump tested positive for COVID-19In FX markets, the USD subsequently saw strength with the DXY moving back towards 94.00, pulling EUR/USD nearer to 1.1700EU leaders reached an agreement rega

European bourses are modestly firmer as the cautiously positive US fiscal narrative remains; US futures are firmer by ~1.0%President Trump signed the stopgap funding bill after it progressed through the Senate to avert a Gov’t shutdownUS House delayed a vote on the USD 2.2tln coronavirus relief bill

Asia-Pac markets were quiet, owing to the closures in key bourses across the region, while trade in Japan was mired by system issues for the Tokyo Stock ExchangeHowever, the mood was still positive as US equity futures extended on recent gainsHouse Democrats were forced to postpone the vote on their