The Premarket Movers & News by Newsquawk

European bourses have been choppy and are currently modestly firmer with US future posting similar performance at presentCrude downside seemingly led the deterioration in general risk sentiment with WTI & Brent still negative on the day; separately, DXY remains towards top-end of the day’s range

Asian equity markets failed to fully sustain the positive handover from Wall St with regional bourses indecisive amid geopolitical tensions and COVID-19 fearsJapanese trade data showed a larger than expected slump in Exports Y/Y, with Japan’s US-bound exports at the fastest pace of decline since Mar

Sentiment is firmer this morning following the positive APAC lead which was bolstered by a draft US infrastructure plan; US futures are off highs, but are still over 1% firmer on the sessionUS President Trump administration is working on a draft plan for USD 1tln infrastructure proposal to stimulate

Asia-Pac bourses notched considerable gains as the region took impetus from Wall Street's recoveryOptimism in the US was spurred by the pace of infections slowing in key US states and the Fed’s decision to directly purchase corporate bondsWHO said more than 100 cases have now been confirmed in Beiji

European equities opened with substantial losses but have since recuperated much of the downsideBeijing reported 36 new local cases on Monday bringing the total confirmed cases to 79 – with eight out of 16 districts in Beijing reporting cases on Monday according to Global TimesBeijing shut a fruit a

Asian equity markets traded negative and US equity futures also began the week on the backfoot in which the E-Mini S&P gapped below 3000Beijing reported 36 new local cases on Monday bringing the total confirmed cases to 79 – with eight out of 16 districts in Beijing reporting cases on Monday acc

Sentiment has recovered in quiet newsflow after yesterday’s pronounced sell-offChinese PLA officer was reportedly arrested and charged with visa fraud as he tried to leave the USUK government reportedly will formally rule out a Brexit deadline extension today and plans temporary light-touch customs

Asian equity markets suffered losses following a steep sell-off on Wall Street amid fears of a second waveUS CDC reported that COVID-19 cases rose by 20,486 vs. Prev. 17,376; NYC positive test rate 1.7% vs. Prev. 1.5%; California case rate +2.3% vs. 7-day average +2.1%Chinese PLA officer was reporte

Sentiment remains downbeat in a quiet session thus far after a negative APAC handoverDXY is subdued around the 96.00 mark weighed on by safe-havens while UST yields continue to bull-flattenChina reportedly continues to purchase US soybeans despite toughening rhetoric, least 10 cargoes purchased by s

Asian equity markets were mostly lower as the region took its cue from the underwhelming performance on Wall St where focus was on the FOMCMost major US indices finished negative with energy and financials resuming their underperformance, although tech continued to buck the trendThe Fed stood pat on

Sentiment has slipped in a relatively quiet session as focus turns to today’s FOMCDXY is softer but off lows while fixed has maintained a grinding bid; UST yield curve bull-flattening as suchChina's Global Times tweeted that China may restrict use of Qualcomm (QCOM) chips in government bodies and ke

Asian equity markets traded somewhat indecisively after the mostly negative lead from global peers amid cautiousness heading into the FOMCChina's Global Times tweeted that China may restrict use of Qualcomm (QCOM) chips in government bodies and key sectors related to national securityThe DXY was ran

Sentiment is subdued as yesterday’s rally failed to continue into EU hours, with downside exacerbated after the cash open – e-mini S&P around 1% lowerUS yields are bull-flattening with European yields seeing similar downside, to the detriment of banking names in EuropeJPY is the morning’s outper

The risk tone across the Asia-Pac region was mostly positive with the regional bourses spurred by the firm handover from Wall StThe DJIA led gains, the S&P 500 turned positive YTD and the Nasdaq printed a fresh record highThe DXY attempted to nurse some of the recent weakness although remained f

European bourses are subdued as newsflow slows, while US futures remain firmer with a quiet stateside schedule aheadOPEC+ unanimously agreed to extend current cuts for one month through July and will review if a longer extension is needed this monthSaudi raised selling prices to Asia by between USD

Sentiment remains strong after a choppy APAC handover; albeit, US futures have been drifting lower following remarks from ChinaChina has vowed to take countermeasures against the US move to sanction 33 Chinese firms and institutionsOPEC+ ministerial meeting is now planned for June 6th after Iraq, an

Asian equity markets were choppy with the region cautious following a mostly negative handover from Wall St. and as participants await the looming NFP reportUSTR Lighthizer said he feels very good about the Phase 1 US-China trade deal and that the report that China was not honouring the soybean purc

Sentiment has slipped in a quiet session after a positive APAC handover as the OPEC meeting is seemingly delayed and with risk events loomingEnergy Journalist Reza Zandi says the OPEC+ meeting is unlikely to be held today amid complicated negotiations for compliancePresident Trump stated that he doe

Asian stocks were mostly higher as the region partially upheld the firm handover from Wall St; S&P 500 +1.36%Chinese state-controlled companies reportedly cancelled some shipments from US farm exporters, according to WSJUS President Trump's administration selected Moderna (MRNA), AstraZeneca (AZ

Sentiment remains strong after a positive APAC handover, US futures firmer but have been driftingSaudi Arabia and Russia reportedly agreed on a preliminary 1-month extension on existing OPEC+ oil cuts, according to sources; meeting conditional on countries compensating for compliance aheadCrude was

Asian equity markets traded higher across the board as the region took impetus from the energy-led gains on Wall St.Chinese Caixin Services and Composite PMIs printed their largest expansions in nearly a decadeDXY continued to weaken and fell below the 97.50 level, EUR/USD breached 1.1200 and GBP/US

China's Foreign Ministry says there is no information relating to a soybean halt and reports indicate soybeans from the most recent crop were sold to China state-buyersSentiment strengthens after a tentative APAC lead bolstered by soybean updates, US futures higher by 0.6% as DXY deteriorates and US

Asian equity markets traded with cautious gains following the positive performance on Wall St but with upside limited after US President Trump’s latest speechTrump stated he is mobilizing civilian and military resources to stop the rioting and warned he will deploy the military to states if local la

China is reportedly to halt some US Soy imports as tensions are increasing, according to sources; with Beijing reportedly waiting to see what steps Trump takes before deciding its next moveUS futures dropped into, and remain in, negative territory on these reports which also bolstered the USD and US

Asian equity markets began the new month higher across the board as the region sustained the late relief seen last Friday on Wall StreetUS President Trump’s press conference on Friday saw the US leader revoke Hong Kong’s special status but refrained from making any adjustments to the China trade dea