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US Opening News: Yen weakens after Takaichi, Euro hit by Lecornu's resignation.
Japan’s ruling LDP elected Sanae Takaichi as its leader, who is set to become Japan’s first female PM; Nikkei 225 +4.7%, JPY sinks.European bourses opened modestly lower and then took a hit following French PM Lecornu's decision to resign; CAC 40 -1.6%. US equity futures are modestly firmer across t
READ STORYEuropean Opening News: Nikkei 225 rallied, JPY fell and the JGB curve steepened on Takaichi's victory
APAC stocks began the week mixed amid several holiday closures throughout the week and the ongoing US government shutdown.Nikkei 225 rallied, JPY fell and the JGB curve steepened amid hopes of fiscal loosening and a delay to BoJ policy normalisation following Sanae Takaichi's LDP leadership vic
READ STORYWeek Ahead: Highlights include FOMC Minutes, ECB Minutes, RBNZ, Canada jobs, OPEC+, Japan LDP leadership election
SAT: Japanese LDP Leadership ElectionSUN: OPEC+ MeetingMON: EZ Construction PMI (Sep), Sentix (Oct), US Employment Trends (Sep), New Zealand NZIER (Q3)TUE: EIA STEO; German Industrial Orders (Aug), US International Trade (Aug), Canadian Trade Balance (Aug), Ivey PMI (Sep), Chinese FX Reserves (Sep)W
READ STORYUS Opening News: DXY is flat awaiting ISM Services; no NFP report today on account of the US Government shutdown
European bourses and US futures are firmer into a quieter than initially scheduled session on account of the gov't shutdown, ES +0.3%.DXY underpressure, down to a 97.70 trough. JPY is the relative laggard after remarks from Ueda, NZD continues to climb.USTs await ISM Services, Bunds unreac
READ STORYEuropean Opening News: Trump considers rebate and European futures mildly firmer
APAC stocks were mostly firmer, taking their cue from Wall Street’s gains amid light newsflow, whilst the looming delay of the US jobs report due to the government shutdown keeps focus on Fed speak and ISM data.US President Trump said he is considering taxpayer rebates of USD 1,000–2,000 funded by t
READ STORYUS Opening News: DXY lower, USTs contained & US futures higher into a thin data docket
European bourses are mostly higher as the solid start to the quarter continues, Euro Stoxx 50 +1.3%; US futures marginally extend on Wednesday's gains, ES +0.3%DXY currently lower for a 5th consecutive session, peers modestly firmer across the board with JPY leadingEGBs softer into supply but despit
READ STORYEuropean Opening News: European futures higher and Trump delays pharma tariffs
APAC stocks were firmer, with gains across the board following a positive handover from Wall Street, where tech outperformed, whilst the US jobs reports this week look set to be delayed after CR votes failed again on Wednesday, as expected.Fitch said a US government shutdown does not have near-term
READ STORYUS Opening News: US gov't shuts down. DXY hit, Treasuries contained, awaiting ISM & shutdown update
US Government has officially gone into a shutdown. Weighing on the general risk tone in the early morning and the USD.European bourses have since bounce and extended to highs, Euro Stoxx 50 +0.3%; Healthcare leading. Stateside, futures remain lower awaiting data, ES -0.3%.DXY delved as low as 97.46
READ STORYEuropean Opening News: US gov't shuts down & OPEC rejects 500k reports
APAC stocks traded mixed following modest gains on Wall Street, with focus on the length of the US government shutdown after the Senate rejected the House-passed CR, whilst Chinese participants were away for Golden Week.The Senate has rejected the House-passed CR (as expected), cementing a shutdown,
READ STORYUS Opening News: US futures lower amidst looming gov't shutdown
European bourses & US futures modestly lower into a session of data & Fed speak, awaiting updates on the increasingly likely US gov't shutdown.DXY extending on recent pressure, EUR and GBP both firmer, JPY bid for a 3rd consecutive session, AUD bolstered by a hawkish-hold.Fixed benchmarks hi
READ STORYEuropean Opening News: White House announce new tariffs and government shutdown looms
APAC stocks traded flat/mixed following a mostly but modestly firmer handover from Wall Street, with focus on the looming US government shutdown and the possibility of delayed NFP. Meanwhile, the White House announcement of further tariff details overnight capped upside in sentiment.The White House
READ STORYUS Opening News: US futures firmer whilst USD pulls back. Tariffs & potential shutdown in focus.
A firmer start to the week for equities, Euro Stoxx 50 +0.3%, ES +0.5%; focus on a packed labour market agenda for the week and the looming US gov't shutdown.President Trump will be meeting with congressional leaders at 20:00BST/15:00ET; ahead of this, Trump has said if the Democrats refuse to make
READ STORYEuropean Market Open: US shutdown talks imminent. OPEC likely to increase quotas on 5th Oct.
APAC stocks eventually traded mostly firmer following the positive Wall Street performance on Friday, albeit participants remain cautious ahead of a risk-packed week that culminates with Friday’s US jobs report.US President Trump said he will discuss the looming government shutdown with congressiona
READ STORYWeek Ahead Preview: Highlights include US jobs data, ISM surveys, Eurozone inflation, RBA policy announcement
MON:TUE: RBA Announcement, BoJ Summary of Opinions, Japanese Retail Sales (Aug), Chinese Official and Caixin PMIs Final (Sep), UK GDP (Q2), French CPI Prelim (Sep), German CPI Prelim (Sep), EZ Sentiment Survey (Sep).WED: RBI Policy Announcement; Japanese Tankan (Q3), US, EZ & UK Final Manufactur
READ STORYUS Market Open: President Trump announces new tariffs on trucks, pharma and kitchen cabinets, USD lower into PCE
US President Trump announced 100% tariffs on Pharmaceuticals, 50% tariffs on all Kitchen Cabinets, Bathroom Vanities, and associated products, a 30% tariff on Upholstered Furniture, and a 25% tariff will be imposed on all “Heavy Trucks” made in other parts of the world.European bourses seemingl
READ STORYEuropean Opening News: Trump announces new tariffs on pharma, heavy trucks and kitchen cabinets
US President Trump announced 100% tariffs on Pharmaceuticals, 50% tariffs on all Kitchen Cabinets, Bathroom Vanities, and associated products, a 30% tariff on Upholstered Furniture, and a 25% tariff will be imposed on all “Heavy Trucks” made in other parts of the world.US President Trump signe
READ STORYUS Market Open: Tentative trade ahead of a busy US data slate and a slew of Fed speakers
US President Trump is to sign executive orders at 15:30 ET (20:30 BST) on Thursday; potentially on TikTokThe White House Budget Office instructed federal agencies to prepare workforce reduction plans for potential mass layoffs amid the threat of a government shutdown, according to Politico.European
READ STORYEurope Market Open: Trump expected to sign TikTok deal. White House preparing workforce plans amid threat of government shutdown
APAC stocks traded mixed for most of the session before eventually tilting modestly higher, following a softer Wall Street handover.US President Trump is expected to sign the TikTok deal on Thursday, according to Semafor, citing an official; US President Trump is to sign executive orders at 15:
READ STORYUS Market Open: US equity futures are mixed, USD gains, EUR is pressured on soft German Ifo
European bourses are modestly lower; US equity futures are incrementally firmer/flat.USD is attempting to atone for recent losses. EUR digests soft German Ifo.Fixed benchmarks are firmer; Bunds caught a bid on softer-than-expected German Ifo metrics.Crude briefly boosted by reports that Israel's arm
READ STORYEurope Market Open: No move to Fed speak, geopolitics in focus; Ifo & supply ahead
APAC stocks eventually traded mixed following the subdued lead from Wall Street; Japanese markets returned from holiday, Chinese markets were choppy before posting gains.Fed Chair Powell said that towards the next meeting, the Fed will look at labour market, growth data, and inflation data to assess
READ STORYUS Market Open: US equity futures are flat, awaiting Fed Chair Powell and Trump; GBP hit on PMIs
European bourses gradually climb higher and currently at peaks; US equity futures are flat awaiting Fed Chair Powell.GBP hit by soft PMI, Eurozone data showed diverging fortunes for manufacturing and services.USTs are essentially flat; Gilts modestly out-edge peers following disappointing flash PMI
READ STORYEurope Market Open: NVIDIA & OpenAI strategic partnership, PMIs & numerous speakers ahead
APAC stocks eventually traded mixed as the positive sentiment from Wall Street failed to sustain during APAC trade despite a lack of fresh catalysts. there was an absence of Japanese volume as participants were away due to the Autumnal Equinox holiday.OpenAI and NVIDIA announced a strategic partners
READ STORYUS Market Open: US equity futures are broadly lower into a slew of Fed speakers, XAU makes a fresh ATH
US lawmakers face a deadline of September 30th to pass a funding bill to avoid a government shutdown. Members of the Senate are not scheduled to return to Washington until September 29th, and House lawmakers are not due to return until October 7th, according to NBC.European and US equity futures are
READ STORYEurope Market Open: Mixed trade after the Trump-Xi call, lack of concrete progress cited
APAC stocks traded mixed after Chinese markets failed to benefit from the phone call between US President Trump and Chinese President Xi on Friday, with some citing a lack of concrete progress.US lawmakers face a deadline of September 30th to pass a funding bill to avoid a government shutdown. Membe
READ STORYWeek Ahead: Highlights include US PCE, SNB, Flash PMIs, Aussie and Tokyo CPI
MON: PBoC LPR, EZ Consumer Confidence Flash (Sep)TUE: Riksbank Announcement, EZ/UK/US Flash PMIs (Sep)WED: CNB Announcement, Australian CPI (Aug), German Ifo Survey (Sep)THU: SNB Announcement, Banxico Announcement, BoJ Minutes, PBoC MLF, German GfK Consumer Sentiment (Oct), US Durable Goods (Aug), U
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