The Premarket Movers & News by Newsquawk

Asian equity markets traded with a lacklustre tone following on from a weak lead from US where the major indices faltered in late tradeUS Senate Majority Leader McConnell dashed some stimulus hopes and saw the S&P 500 retrace its earlier gainsIn FX markets, the DXY heads into the EU open firmer

Sentiment strengthened after the European cash open whilst gold gave up USD 2000/oz with fundamental drivers at the time sparse; US futures firmer and towards session peaks, e-mini S&P hit record highsUS President Trump said he is mulling a capital gains tax cut, as well as an income tax cut for

Asian equities traded higher as risk appetite in the region improved on the tepid performance seen on Wall St where most major indices finished in the green but tech underperformedThe DXY heads into the EU open just above 93.50, EUR/USD hovers around 1.1750 and GBP/USD just below 1.3100US President

European equities lost steam after China announced retaliatory sanctions on US officialsTargets of the Chinese sanctions include Senators Rubio & Cruz, Freedom House President Abramowitz and Human Rights Watch Director Roth; effective as of todayA lack of progress in Congressional stimulus talks

Asian equity markets eventually traded mostly higher on what was an indecisive start to the week amid holiday-thinned conditionsA lack of progress in Congressional stimulus talks prompted President Trump to go ahead with taking executive actionTrump took action on enhanced unemployment benefits, evi

European equities drift lower as the APAC sentiment reverberated into the regionUS President Trump signed executive orders to ban transactions with TikTok’s parent ByteDance, as well as Tencent-owned WeChat in 45 daysUS President Trump Working Group on Financial Markets recommended Chinese companies

Asian equity markets failed to sustain the positive handover from Wall St where all major indices notched gains as tech resumed its outperformanceUS State Department lifted advisory against all international travel and is returning to its previous system of country-specific levels of travel adviceUS

European equities traded choppy but are ultimately lower; FTSE 100 underperformsFurther US COVID-19 relief bill talks will take place today; goal is to conclude discussions this weekBoE maintained policy settings; Gov Bailey said negative rates are in the toolbox but prefers QE; RBI unexpectedly sto

Asian equity markets traded mixed amid a lack of fresh catalysts and with the region failing to take advantage of the mild tailwinds from Wall StIn FX, the DXY remains sub-93.00, EUR/USD trades in the high 1.18’s and GBP/USD maintains 1.31 status ahead of the BoEUS stimulus talks remain deadlocked w

European stocks drift higher as earnings remain in focus; sectors retain a cyclical biasChinese Ambassador to the US said China is prepared to negotiate with other countries for peaceful solution to South China Sea disputesFurther US coronavirus relief bill talks will take place today; US Treasury S

Asian equity markets traded mixed after the marginally firmer handover from Wall St amid the toing and froing in US COVID-19 relief discussionsCaixin Services PMI missed estimates and Caixin Composite PMI was lower than previous but both remained in firm expansionary territoryThe DXY continued to so

Initial optimism across stocks faded; sectors hold a cyclical biasUS Senate could start the debate on the House-passed COVID-19 bill this afternoon, according to FoxHouse Speaker Pelosi said she hopes a deal could be made this week, although acknowledged that it will not probably occur until next we

European equity markets began the new trading month mixed following a similar lead from the APAC sessionWhite House Chief of Staff Meadows suggested there is still a long way to go in coronavirus relief negotiations and that he is not optimistic of reaching a long-term dealTrump administrations is r

Asian equity markets began the new trading month mixed after last Friday’s positive close on Wall St where the tech sector ralliedUS President Trump said he may ban TikTok and is looking at a lot of alternatives for TikTokSource reports later stated that President Trump is to allow 45 days for ByteD

European bourses trade modestly firmer with US futures posting similar performance as fundamental newsflow is light going into month-endApple, Alphabet, Amazon and Facebook all beat on top and bottom lines in after-market releasesUS Treasury Secretary Mnuchin said we are going back to the negotiatin

Asian equity markets traded lacklustre heading into month-end after somewhat mixed Chinese PMI data with the region failing to take advantage of the momentum from USUS futures were boosted after-hours following big tech earnings in which Apple, Alphabet, Amazon and Facebook all beat on top and botto

Sentiment has deteriorated throughout the morning with focus very much on the busiest day of earnings season for Europe & USWhite House Chief of Staff Meadows said we are nowhere close to a deal; talks expected to resume todayJohnson & Johnson (JNJ) - Single dose of the COVID-19 vaccine cand

Asian equity markets were mostly kept afloat as the region took advantage of the post-FOMC tailwinds from Wall Street and a busy earnings slateThe FOMC refrained from any policy adjustments as expected with Fed Chair Powell reiterating the Fed’s commitment to supporting the economyThe DXY heads into

Price action is tentative and largely directionless for European bourses after similar APAC session while US futures are marginally positiveDXY has slipped further after yesterday’s initial late-door pullback, with major peers firmer as such while UST yield curve is slightly steeperUS President Trum

Asian equity markets traded somewhat indecisively following a lacklustre handover from Wall StModerna has stated that its COVID-19 vaccine is able to induce a robust immune response and protect against infection in non-human primatesThe DXY just about snapped a 7-day losing streak yesterday although

Equities have slipped ahead of US’ entrance following mixed APAC trade and a largely directionless European sessionXAU lost some of its shine dropping some USD 70/oz through the session with a number of factors cited as plausible driversSenate Republicans unveiled their stimulus plan in which enhanc

Asia-Pac stocks traded mostly higher but initial optimism abated; Nikkei 225 laggedSenate Republicans unveiled their stimulus plan which was met with Democratic resistanceNew Zealand is suspending the extradition treaty with Hong Kong following the imposition of the National Security LawUK PM Johnso

European bourses are indecisive as travel names suffer as UK implements a quarantine for Spain while heavyweight SAP supports tech post-earningsUK government announced a 14-day quarantine rule for anyone arriving from Spain; France & Germany also on the radarWhite House Chief of Staff Meadows sa

Asia-Pac traded choppy as initial optimism petered out, Nikkei underperformed on catch-up playThe US flag was lowered at its Chengdu consulate in China shortly after the closure deadline; Chinese military began live-fire drills in the South China Sea on SaturdayWhite House Chief of Staff Meadows sai

Sentiment in Europe remains subdued but has picked up a touch following positive flash PMIsChina has confirmed it will be asking the US to close the Chengdu consulate in response to the closure of the Chinese consulate in USEU Commission says the Airbus agreement to modify subsidy scheme achieves fu