The Premarket Movers & News by Newsquawk

European bourses are firmer by around 1% and overall little moved from opening levels; stateside, futures show a similar patternCrude futures are currently subdued but have been choppy throughout the session with WTI alternating between positive & negative territoryUS Senate approved the new USD

Asian equity markets extended on losses as the subdued tone rolled over once again from Wall St where sentiment was pressured by the continued oil market routOil prices remained jittery overnight following the prior day’s losses which saw June WTI crude prices briefly slip into single digit territor

Crude remains under substantial pressure, the scale of which was enough to trigger circuit breakers in the June WTI future at USD 11.79/bblEuropean bourses have extended on opening losses, following the crude complex’s decline; US futures are equally subduedEU Commission's Thursday summit will not t

Asian equity markets were negative across the board following the weak handover from Wall St where sentiment was subduedIn crude markets, the soon-to-expire May WTI contract hit lows of USD -40/bbl, whilst the active June contract remained above USD 20/bblThe DXY was firmer and rose above 100.00 ami

European bourses are subdued after spending much of the session relatively mixed/flat, e-mini S&P just below Friday’s lowsUS President Trump’s administration and Democrats in Congress were said to be near a USD 450bln economic relief package for small businessesTrump said they are getting closer

Asian equity markets traded mixed amid the ongoing fallout from the coronavirus pandemic and extended rout in oil pricesThe DXY is relatively flat with upside capped ahead of the 100.00 level. EUR/USD and GBP/USD remain below 1.0900 and 1.2500 respectivelyThe PBoC cut the 1-year and 5-year Loan Prim

Sentiment remains strong following APAC hours on upbeat, albeit caveated, Gilead virus updatesUS President Trump noted that experts say the curve has flattened and we have passed the peak of new cases; unveiled the 3-phase approach to re-openingGerman Health Minister Spahn said that "as of today, th

Sentiment was supported overnight following the announcement of reopening guidelines in the US and hopes of a vaccine breakthroughIn FX markets, the DXY softened overnight and pulled back below the 100.00 level amid the heightened risk appetiteUS President Trump noted that experts say the curve has

Sentiment recovered from APAC lulls prior to European open; currently, remain modestly firmer ahead of US data delugePresident Trump added administration will be announcing new guidelines on reopening the economy on ThursdayECB President Lagarde is fully prepared to increase the size of asset purcha

Asian equity markets remained subdued amid the headwinds from Wall St which saw the S&P 500 close lower by 2.2%DXY remains firmer in the FX space as the index sits just below the 100.00 threshold, weighing on major counterpartsPresident Trump said the administration will be announcing new guidel

Sentiment is negative this morning following the downbeat APAC lead as Wall St. optimism dissipatedUS President Trump said plans to reopen the country are nearing completion and he will speak to all Governors shortly; additionally, he instructed administration to halt funding to the WHO as a review

Asian equity markets traded cautiously as the region failed to follow through on the optimism seen on Wall StDXY remained lacklustre after having recently slipped below the 99.00 level amid easing funding pressures and declining yieldsBrexit negotiators are to conduct a video call today to finalize

European bourses are firmer this morning with US futures stronger in excess of 1% at present; note, Eurex has been experiencing operational difficultiesUS President Trump said we're very close to completing a plan to re-open the country and hopefully ahead of scheduleUS NIH's Fauci said even though

Asian equity markets were positive across the board as sentiment picked up from the holiday lull and as the region digested mostly better than expected Chinese trade dataChinese trade figures showed a much narrower than expected contraction in exports and a surprise expansion to CNY-denominated impo

Sentiment started strong but has waned on the approach to today’s plethora of risk eventsKuwait Oil Minister says intention is moving towards reaching an agreement to lower output by a large amount between 10mln-15mln bpd.Kremlin declined to comment on reports their maximum cut would be 2mln BPDRuss

Asian equity markets were mostly higher as the region marginally benefitted from the tailwinds from Wall StThe DXY was steady above the 100.00 level with price action rangebound following an uneventful FOMC Minutes releaseThe Kuwait Oil Minister has touted the possibility of a 10-15mln bpd output re

Sentiment was hit early doors on the Eurogroup being postponed, US futures currently little changedEurogroup President Centeno confirmed talks will resume tomorrow with no deal reached yet and cancelled today’s press-conferenceCore debt futures flew on Centeno’s remarks as peripheries sunk along wit

A tentative tone was observed in Asia-Pac bourses following the lacklustre performance statesideDXY was relatively steady although managed to recoup some of the recent losses to reclaim the 100.00 levelUS President Trump said the US is looking at reopening the economy very thoroughly which will be o

Sentiment remains bolstered from the APAC lead, as US equity futures extend on gainsDelegate reports intimate that Saudi and Russia are coming closer to an output deal; however, Russian press reports have subsequently pushed back on thisJapanese PM Abe declares a State of Emergency in 7 prefectures

Asian equity markets traded mostly higher as the region took impetus from the strong finish on Wall St where all major indices finished higher by at least 7%A subdued greenback provided some respite for its major counterparts including EUR/USD which reclaimed the 1.0800 handleOPEC+ is likely to agre

Sentiment is bolstered on a slowing of coronavirus cases over the weekend in some areasOPEC+ meeting was delayed a few days and will now be conducted on Thursday instead of the initially planned MondayKremlin states this is for technical reasons, are ready to co-operate to ensure market stabilityJap

Asian equity markets traded mostly positive and US equity futures also began the week on the front-foot amid a slowdown in COVID-19-related deaths in some areasItaly showed its smallest daily increase in deaths since March 19th and slowest pace of increase in cases in 5 daysUK PM Johnson was taken t

US futures are lower this morning, but have remained relatively steady at such levels; while focus remains on the improving prospects for crudeOPEC+ are reportedly preparing for a Monday meeting; cuts in the range of 6-15mln BPD have been toutedReports note that Russia’s involvement in this is conti

Asian equity markets were mostly lower as the region failed to sustain the energy-led euphoria from Wall StIn FX markets, price action was uneventful ahead of the key US jobs data with the DXY plateauing above the 100.00 levelOil prices continued to pullback after several reports pushed back on an i

European bourses are currently printing modest gains but US futures are notably firmer than their EU counterpartCrude is bolstered after constructive remarks from Trump and reports that China are to begin purchasing oil for state reserves after the recent price crashFed exempted US Treasury debt and