The Premarket Movers & News by Newsquawk

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

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