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[PODCAST] EU Open Rundown 7th February 2020
Asian equity markets were mostly subdued after failing to benefit from the tailwinds on Wall St.China National Health Commission reported coronavirus cases now at 31161 and death toll at 636RBA Statement on Monetary Policy noted the Bank are discussing rate cuts but were wary of the risks associated
READ STORY[PODCAST] US Open Rundown 6th February 2020
European equity markets have faded off highs [Eurostoxx 50 +0.4%] seen since the cash open as sentiment turned more cautiousChina reported total coronavirus cases were now at 28018 and total death toll at 563 as of Feb. 5thChina is to cut tariffs by as much as 50% on USD 75bln of US goods effective
READ STORY[PODCAST] EU Open Rundown 6th February 2020
Asia-Pac equity markets got a lift from the tailwinds from Wall St. where S&P 500 and Nasdaq posted record closesChina reported total coronavirus cases were now at 28018 and total death toll at 563 as of Feb. 5thChina is to cut tariffs by as much as 50% on USD 75bln of US goods effective Februar
READ STORY[PODCAST] EU Open Rundown 5th February 2020
Asian equity markets were positive across the board as the global rebound filtered through to the regionChina reported total coronavirus cases in the mainland are now at 24324 and total number of deaths was now at 490US President Trump’s administration is planning to meet later this month to discuss
READ STORY[PODCAST] US Open Rundown 4th February 2020
Risk-on dominates this morning as little has occurred to changed yesterday’s positive narrativeIowa results have been delayed, expected to be released later tonightUS Trump administration it to proceed with new rules that would enable the nation to impose punitive tariffs on goods from countries bel
READ STORY[PODCAST] EU Open Rundown 4th February 2020
Asia-Pac equity markets traded higher after following suit to Wall St peers; Shanghai Comp +1.3%China’s National Health Commission said total confirmed cases of coronavirus is now at 20438 and death toll at 425RBA kept rates unchanged as expected and reiterated the main aspects of its statement whic
READ STORY[PODCAST] US Open Rundown 3rd February 2020
European bourses are largely little changed after China’s profoundly negative return, US futures indicate a firmer openEU unveiled a relatively unsurprising draft mandate for EU-UK negotiations which, as expected, emphasised the importance of a level-playing-fieldPM Johnson’s comments have been larg
READ STORY[PODCAST] EU Open Rundown 3rd February 2020
Shanghai Comp. played catch up to the global market rout despite supportive measures by Chinese authoritiesShanghai copper, crude oil and Dalian iron ore futures all hit limit down on pent up selling from the Lunar New Year holidayChina’s daily briefing confirmed 17205 coronavirus cases and the deat
READ STORY[PODCAST] US Open Rundown 31st January 2020
European bourses are subdued as sentiment slips on further coronavirus contagionEngland's Chief Medical Officer has confirmed two cases of coronavirus in the UKHigh-beta currencies suffer vs. a little changed USD on risk-sentiment while debt has seen a marked recoveryLooking ahead, highlights includ
READ STORY[PODCAST] EU Open Rundown 31st January 2020
Asian equity markets traded mixed as early relief rolled over from the US following a "soft" declaration by the WHO on coronavirusWHO declared the coronavirus a Public Health Emergency of International Concern, although did not recommend limiting trade and movementChina announced that confirmed coro
READ STORY[PODCAST] US Open Rundown 30th January 2020
European bourses are subdued as risk-off resumes on growing virus concernsWorld Health Organization said evidence of human-to-human transmission outside of China is deeply concerningJapanese medical expert said it has been confirmed in China that the coronavirus can be transmitted from people withou
READ STORY[PODCAST] EU Open Rundown 30th January 2020
FOMC stood pat on rates as expected (raised IOER), whilst reiterating that the current policy stance is appropriateChina reported there are now 7711 total coronavirus cases and death toll at 170, while suspected cases are said to have increased to 12126Asian sentiment was downbeat as the overhang fr
READ STORY[PODCAST] US Open Rundown 29th January 2020
European bourses are rangebound in a mild reprive from coronavirus, as focus turns to earnings/FOMCSCMP article suggests that the coronavirus could impact Beijing’s ability to meet US-China Phase 1 trade deal import demandsWorld Health Organisation are reportedly to hold a press conference at 14:00G
READ STORY[PODCAST] EU Open Rundown 29th January 2020
Asian equity markets were mostly higher as the region found some reprieve following the rebound on Wall StTotal number of coronavirus cases in China rose to 5974 and total deaths at 132 as of Jan 28thPeople's Daily reported the coronavirus outbreak may reach its peak in one week or around 10 daysSCM
READ STORY[PODCAST] US Open Rundown 28th January 2020
Upside in European bourses wanes as coronavirus remains a concernWorld Health Organisation states that they have not seen any onward human-to-human spread of coronavirus by travelers returning from China; aside from one caseChina National Health Commission confirmed 4515 cases of coronavirus and tot
READ STORY[PODCAST] EU Open Rundown 28th January 2020
Hefty losses were suffered across Asia-Pac bourses as virus-induced fears caught up to several indices on their return from the extended weekendChina National Health Commission confirmed 4515 cases of coronavirus and total deaths at 106 as of end-January 27thHong Kong Government instructed all its e
READ STORY[PODCAST] US Open Rundown 27th January 2020
Risk-off remains as coronavirus concerns continue to weighChina’s National Health Commission confirmed 2744 cases of coronavirus and death toll at 80 as of the end of January 26thChina extended the Lunar New Year holiday to February 2nd to contain the coronavirus; unclear if market closures will fol
READ STORY[PODCAST] EU Open Rundown 27th January 2020
China has stated that the number of people infected with Coronavirus has risen to 2744 with the death toll at 80China warned that the coronavirus is getting stronger and the number of cases could increaseThis heavily pressured US equity futures which slipped around 1% in early trade and spurred safe
READ STORY[PODCAST] US Open Rundown 24th January 2020
European bourses are firmer this morning, as sentiment improved overnight as the WHO did not declare an international emergencyUK Flash PMIs beat expectations, though GBP has slipped post-release; January BoE cut expectations are back to near 50/50OPEC+ have reportedly discussed an output cut extens
READ STORY[PODCAST] EU Open Rundown 24th January 2020
Asian equity markets traded cautiously but eventually posted mild gains; Mainland China was shut due to Lunar New Year holiday Total number of confirmed coronavirus cases in China was at 830 with the death toll at 25 according to state media World Health Organization did not declare the
READ STORY[PODCAST] US Open Rundown 23rd January 2020
European bourses are flat/mixed at present, as focus switches to today’s ECB meetingFrench Finance Minister Le Maire says they have reached an agreement with the US regarding the basis for digital tax discussions at next week's OECDUS is preparing for a longer and more wide-spread campaign to exclud
READ STORY[PODCAST] EU Open Rundown 23rd January 2020
Asian equity markets weakened following the indecisive performance on Wall St where stocks finished relatively flat after a pullback from record highsChina confirmed 571 total cases of the new coronavirus, the number of deaths from the virus was reported at 17The EU withdrawal agreement bill conclud
READ STORY[PODCAST] US Open Rundown 22nd January 2020
European bourses are firmer, but off of session highs, as focus turns to Davos programmingCoronavirus cases have risen to 440 with the death toll now at 9; US President Trump stated the US case is under controlEU is reportedly preparing to offer the UK a trade deal on tougher terms than its deals wi
READ STORY[PODCAST] EU Open Rundown 22nd January 2020
Asian equity markets gradually improved and shrugged off the lacklustre lead from Wall St, Mainland China underperformed Coronavirus cases have risen to 440 with the death toll now at 9; US Center for Disease Control and Prevention confirmed the first case in the US EU is reportedly prep
READ STORY[PODCAST] US Open Rundown 21st January 2020
European bourses are subdued this morning, in a continuation of APAC trade291 cases of Coronavirus have now been confirmed by China (as of Jan 20th), according to State mediaUS Treasury Secretary Mnuchin says, with the Phase One China deal in place the Phase Two deal would not necessarily lead to th
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