The Premarket Movers & News by Newsquawk

Asian equity markets weakened across the board following a non-existent handover from their peers on Wall StChina confirmed 224 coronavirus cases so far and a 4th death from the outbreak. WHO called an emergency meeting amid the spread to more citiesBoJ kept monetary policy settings unchanged as exp

MON: PBoC Loan Prime Rate Setting, Japanese Industrial Output, German PPI, Indonesian Central Bank Monetary Policy Decision, Huawei CFO Extradition Hearing begins, Eurogroup Meeting, Martin Luther King DayTUE: World Economic Forum in Davos Begins (21st-24th January), BoJ Monetary Policy Decision, UK

Most major Asia-Pac indices began the week higher as the global rally just about remained intact following another record finish last Friday on Wall StPBoC kept the Loan Prime Rate unchanged at 4.15% vs. forecasts for a 5bps cutUK Chancellor Javid urged UK companies forget about being closely aligne

European bourses are firmer this morning, continuing the positive tone from APAC hoursSterling lags and Gilts lead core debt peers after dismal UK retail salesWhite House officials confirmed they are planning election year stimulus which will focus on tax reductionsChinese GDP printed in-line with e

Asian equity markets traded mostly positive after taking impetus from another record-setting session on Wall St.Chinese GDP printed in-line with expectations, whilst both Industrial Production and Retail Sales topped estimatesChina’s Global Times noted comments from an expert who suggested that Chin

European equities are little changed at present, as newsflow has slowed since the Phase One signingChinese VP Liu He says it is unwise to rush into the Phase Two negotiations, stating Beijing has little interest in immediately doing soUS Senate Majority Leader McConnell said the impeachment trial wi

Asian equity markets traded mostly higher but with gains capped as the euphoria from the US-China Phase 1 trade deal signing dissipatedThe deal was caveated by China’s commitment to purchase agricultural goods “based on market conditions” and potential for China to exit the dealPresident Trump said

European bourses are mixed-flat in tentative trade ahead of the US-China Phase One SigningUS Treasury Secretary Mnuchin stated that tariffs will stay in place until there is a Phase 2 agreement with ChinaSoft UK CPI and comments from BoE’s Saunders have seen market pricing for a January cut increase

Asian equity markets followed suit to the cautious performance on Wall St amid trade-related headwindsTariffs on China will remain until after the US election despite a Phase 1 deal, according to sourcesUS Treasury Secretary Mnuchin stated that tariffs will stay in place until there is a Phase 2 agr

European bourses are relatively unchanged in choppy trade on quiet newsflow in European hoursUS Treasury removed China from the currency manipulator list, said China made enforceable commitments to refrain from competitive devaluation in the Phase 1 dealUS-China Phase 1 deal will include pledge by C

European equities are mixed, but overall little changed, this morning; aside from the FTSE 100 on currency effectsUS Treasury Secretary Mnuchin stated that China’s commitments in Phase 1 deal were not changed during the lengthy translation processBoE’s Vlieghe becomes the latest MPC member to come o

Asian equity markets began the week somewhat mixed with the region indecisive ahead of the US-China Phase 1 deal signingUS Treasury Secretary Mnuchin stated that China’s commitments in Phase 1 deal were not changed during the lengthy translation processBoE’s Vlieghe becomes the latest MPC member to

European bourses are little changed, as newsflow slows with NFP aheadUS President Trump said he thinks the US-China Phase One deal will be signed on January 15th or shortly afterChina Global Times tweeted that a Phase Two trade deal after November is too far awayUSD is firmer this morning, with GBP

10th January 2020·       Rockets reportedly landed near the Balad military base north of Baghdad, which houses US troops, according to Iraqi police·       US government officials are now confident the Ukrainian Boeing 737-800 was shot down

European bourses are firmer, as markets return to risk-on following the Middle-East de-escalationSenior Iranian Revolutionary Guard Commander states that Iran will take 'harsher revenge soon' following on from the missile attacks on US targets in Iraq., TasnimChina and the US will sign the Phase One

·       US President Trump confirmed no Americans or Iraqi lives were lost by the Iranian strike and added that Iran appears to be standing down·       Two rockets reportedly hit Baghdad’s Green Zone near the US Embassy in Iraq with no casu

European bourses are softer, but not significantly so, in tentative trade ahead of US President Trumps updateWTI and Brent spiked overnight, with spot gold surpassing the USD 1600/oz markIran has launched over a dozen ballistic missiles at two Iraqi air bases – Al-Asad and Erbil - which houses US an

8th January 2020·       Iran has launched over a dozen ballistic missiles at two Iraqi air bases, no US casualties have officially been reported thus far·       Iranian Revolutionary Guard Corp claimed the attacks, Iran threatened "more cru

European bourses are firmer as risk-sentiment strengthens on signs of a possible tempering of tensions in the Middle-EastUSD remains firm ahead of ISM, while the AUD is weighed on post-data and with the ongoing environmental crisisIran is reportedly assessing 13 scenarios for retaliation against the

 ·       US Defense Secretary Esper said the US does not have plans to pull out of Iraq, whilst a Pentagon spokeswoman said there is no change in US policy on its troops' presence in the country·       Trump administration has begun dr

Markets remain risk-off as Middle-East newsflow dominates, spot gold set 6-year highs at USD 1587/oz overnightUSD is subdued to the aid of G10 counterparts, particularly GBP and EUR with PMIs providing assitanceIran has finalised a new retreat from the Nuclear Deal in which it will not comply with a

US President Trump stated that there will be a “major retaliation”, perhaps in a disproportionate manner, should Iran retaliateIran has finalised a new retreat from the Nuclear Deal in which it will not comply with any restrictions on the amount of uranium enrichment, enrichment rate and number of c

European bourses are subdued on the overnight middle-east tensions which sparked a broad flight-to-qualityUSD is firmer this morning, and weighs on most G10 peers excluding the safe-havensSenior Iranian Revolutionary Guard Corp Commander Soleimani and Iraqi Militia Commander Muhandis have been assas

3rd January 2020·       Asian equities failed to track the Wall Street rally as sentiment took a hit from geopolitical developments·       Oil prices surged as US air strikes killed Senior Iranian Revolutionary Guard Corp Commander Soleiman

European bourses are firmer this morning in relatively quiet newsflow for the European sessionUSD is firmer this morning, but the DXY remains well off pre-holiday levels after tumbling at year endPBOC has cut the RRR for domestic banks by 50bps, the level for big banks now stands at 12.5%US Presiden