The Premarket Movers & News by Newsquawk

PBOC has cut the RRR for domestic banks by 50bps, the level for big banks now stands at 12.5%; this was the 8th cut since early 2018. (Newswires) US President Trump says the US-China trade deal will be signed on January 15th at the White House with high level Chinese Representatives, additional

European bourses are little changed with a number of market closures already underwayChina Global Times tweeted that hopefully US can move faster towards lowering tariffs after China recently announced new tariff-cut plans on importsFX markets are tentative/little changed with the debt complex paint

Asian equity markets were mixed with price action range-bound amid the ongoing holiday lullChina Global Times tweeted that “hopefully the US can move faster towards lowering tariffs” after China recently announced new tariff-cut plans on importsIn FX markets, price action was contained with the DXY

European bourses are overall little changed, though the FTSE 100 outperforms as Sterling slipsChina is to lower import tariffs on certain products beginning January 1st in which it will cut some import tariffs on 850 items and will further lower import tariffs for some IT products from July 1stNorth

Asian equity markets traded somewhat mixed as the region once again failed to follow suit from Friday’s gains on Wall StreetChina is to lower import tariffs on certain products beginning January 1st in which it will cut some import tariffs on 850 itemsReports suggested President Xi is willing to con

European bourses are firmer in choppy quadruple witching trade following on from the US record highsUS House voted to approve the USMCA trade agreement and the Senate passed the bill to advert a Government shutdownUK House of Commons is to vote on UK PM Johnson's Brexit deal today, the bill would al

Asian equity markets traded mixed as the Christmas rally on Wall St failed to filter through to the regionUK House of Commons is to vote on UK PM Johnson's Brexit deal today at 1430GMTFCA Chief Executive Andrew Bailey has reportedly been selected as next BoE Governor, according to the FTUS House vot

European equities trade lacklustre amid a lack of fresh fundamental catalysts in holiday-thinned tradeUS House voted to impeach President Trump under Article 1 (Abuse of Power) and Article 2 (Obstruction of Congress); as expectedBoJ kept monetary policy settings were left unchanged, Riksbank hiked,

Asian equity markets were lacklustre following an indecisive lead from US where the major indices finished flat due to a lack of driversBoJ kept monetary policy settings unchanged as expected with NIRP held at -0.1% and 10yr JGB yield target at around 0%, maintained forward guidanceUS House voted to

European Equities have been choppy for much of the session, but haven’t drifted too far from the unchanged markUS Treasury Secretary Mnuchin said President Trump just wants a level playing field with China and the enforcement mechanism is very strong in the China dealUS House had enough votes to imp

Asian equity markets traded mixed as the region lacked conviction in the absence of any fresh catalysts and following a relatively quiet session on Wall StreetUS Treasury Secretary Mnuchin said President Trump just wants a level playing field with China and the enforcement mechanism is very strong i

European equities are mostly lower as the region failed to follow a positive APAC lead, Boeing shares are down 2.0% after freezing 737 Max productionUK PM Johnson is to bolster his Brexit legislation by outlawing a delay to the transition period with the EU beyond December 2020RBA meeting minutes sa

Asian equity markets traded mostly higher as the region took mild impetus from the gains on Wall St where all major indices notched fresh record highsUK PM Johnson is to bolster his Brexit legislation by outlawing a delay to the transition period with the EU beyond December 2020In FX, DXY edged marg

European bourses are firmer this morning, though the FTSE 100 significantly outperforms on a second-wave of UK election optimismChina State Council stated it will continue to suspend additional tariffs on US vehicles and auto parts due to the Phase One dealChina sources cited by CNBC's Yoon note tha

Asian equity markets traded mixed following relatively light newsflow over the weekend, ASX 200 outperformedUSTR Lighthizer said China agreed to purchase USD 40bln of agriculture in the first year, added the deal will be signed by trade principals in Washington in the first week of JanuaryUS is repo

The result of the UK election exit poll overwhelmingly pointed towards a Conservative majority with a total of 368 seats vs. Labour 191 - Conservatives managed to cross the 326-seat threshold just before 0500GMTGBP immediately saw strength following the election exit poll with GBP/USD eclipsing 1.35

The result of the UK election exit poll overwhelmingly pointed towards a Conservative majority with a total of 368 seats vs. Labour 191 - Conservatives managed to cross the 326-seat threshold just before 0500GMTGBP immediately saw strength following the election exit poll with GBP/USD eclipsing 1.35

European equities are choppy and ultimately flat ahead of a deluge of risk eventsUS President Trump is likely to meet with top trade advisers on Thursday regarding December 15th tariffs, according to sourcesHalf of the latest UK Election Polls show a maintenance in the Tory/Labour spread and the oth

FOMC left its Fed Fund Target Rate unchanged at 1.50%-1.75% as expected via unanimous decision while it maintained the IOER at 1.55%Fed dropped its language from the statement regarding uncertainties for the outlook remainingFed Dot Plots show a median view for an unchanged rate throughout 2020 and

European bourses are mixed/flat at present, as newsflow remains light ahead of the impending risk eventsWhite House Trade Advisor Navarro said China is trying to shape the narrative on trade talks and he believes the Dec 15th tariffs won’t come into effectYouGov’s MRP model showed Conservatives are

A non-committal tone persisted across Asia-Pac equity markets following conflicting US-China trade headlinesWhite House Trade Adviser Navarro said he has no indication the December tariffs won't be put onYouGov MRP model showed Conservatives are on track for a 28-seat majority vs. Prev. forecast of

European bourses are significantly subdued, as this morning’s stock sell-off accelerates and spreads across marketsGBP outperforms ahead of tonight’s MRP, with the DXY continuing to print fresh session lowsA US-China trade deal is not expected this week with the US occupied by USMCA, although new ta

Asian equity markets resumed the cautious global risk tone heading into this week’s plethora of risk eventsThere were unconfirmed reports citing a trade source which noted the December 15th tariffs are going ahead and that China is preparing for themHowever, Chinese reports suggested a US-China trad

European bourses are tentative as newsflow is limited ahead of a key weekChina’s trade data was weaker than expected, with exports surprisingly contracting though imports did post surprise growthUSTR Lighthizer and US Democrats are reportedly nearing a deal for Congress to pass USMCA, although hurdl

Asian equity markets were mixed as the tailwinds from Friday’s stellar US NFP report were offset by mostly weaker than expected Chinese trade dataHong Kong protesters conducted a large-scale march, with organizers claiming a turnout of 800k, protests were largely peacefulChina ordered government off