The Premarket Movers & News by Newsquawk
Original insights into market moving news
Get the Daily Market Open in your inbox twice a day...
[PODCAST] US Open Rundown 6th December 2019
European equities reside in modestly positive territory, FTSE 100 outperforms on a softer SterlingChina is reportedly to implement tariff waivers for some purchases of soybeans and pork from the US but has taken countermeasures against US limit on diplomats, sources stateOPEC+ additional 500k BPD ou
READ STORY[PODCAST] EU Open Rundown 6th December 2019
Asian equity markets were higher as the recent US-China trade optimism reverberated in the region, but with gains capped by uncertainty from OPEC and ahead of key US dataUS President Trump said something could happen with regards to tariffs on December 15th but we are not discussing that yetOPEC del
READ STORY[PODCAST] US Open Rundown 5th December 2019
European equities eke mild gains with sentiment somewhat supported by earlier China MOFCOM commentsChina's MOFCOM said US and China maintain close communication, reiterates if a Phase One deal is reached then tariffs should be reducedOPEC+ are to discuss deeper oil output cuts of more than 400k BPD
READ STORY[PODCAST] EU Open Rundown 5th December 2019
Asian equity markets were mostly positive after yesterday’s positive US-China trade updatesChina Global Times tweeted an opinion that if US ignores China's warning and continues interfering in Hong Kong affairs, the Chinese government will certainly step up countermeasuresDXY traded subdued and look
READ STORY[PODCAST] US Open Rundown 4th December 2019
European bourses are firmer as risk sentiment has been lifted on US-China sourcesUS and China are reportedly moving closer to a trade deal despite the heated rhetoric, according to sourcesUS House voted in favour of passing the bill demanding sanctions on Chinese officals for the treatment of Uighur
READ STORY[PODCAST] EU Open Rundown 4th December 2019
Asian equity markets extended on declines as global risk appetite remained sapped by the turbulent trade climateStrong Chinese Caixin Services and Composite PMI numbers added to the country’s recent flurry of strong activity data US House voted 407-1 in favour of passing the bill demanding sanc
READ STORY[PODCAST] US Open Rundown 3rd December 2019
US President Trump said it is probably better to wait until after the 2020 presidential election for a China dealUSTR office said France's digital services tax discriminates against US companies and that it will take action against regimes that discriminate against US companiesUS President Trump sai
READ STORY[PODCAST] EU Open Rundown 3rd December 2019
Asian equity markets retreated amid headwinds from the US where the major indices all but wiped out last week’s gains due to fresh trade concernsChina Global Times said China will soon release an unreliable entity list and noted that US House is expected to pass a Xinjiang-related bill that will har
READ STORY[PODCAST] US Open Rundown 2nd December 2019
European equities pared a bulk of the earlier upside seen from above-forecast major global PMIsChinese markets welcomed the encouraging PMI data which aside from the headline beat, also showed Non-Manufacturing PMI and Caixin Manufacturing PMI topping estimatesUS-China deal was said to be stalled be
READ STORY[PODCAST] EU Open Rundown 2nd December 2019
Asian equity markets kick-started December on the front-foot with risk appetite stimulated by a flurry of better than expected Chinese dataChinese markets welcomed the encouraging PMI data which aside from the headline beat, also showed Non-Manufacturing PMI and Caixin Manufacturing PMI topping esti
READ STORY[PODCAST] US Open Rundown 29th November 2019
European bourses are little changed in thin trading conditions on an early US closeEZ CPI (Flash) printed above expectations, headline YY 1.0% vs. Exp. 0.9%Both FX and debt are choppy with month end flows potentially the causeHong Kong Polytechnic University siege was confirmed to have ended as poli
READ STORY[PODCAST] EU Open Rundown 29th November 2019
Asian equity markets were mostly subdued after the holiday closure stateside and amid continued trade uncertaintyHong Kong Polytechnic University siege was confirmed to have ended as police swept through a vacant but devastated campus yesterdayUSD was lacklustre amid the holiday-quietened conditions
READ STORY[PODCAST] EU Open Rundown 28th November 2019
Asian markets traded mostly lower as the positivity from another record setting session on Wall St heading into Thanksgiving Day, quickly fadedUS President Trump signed the Hong Kong bills into law despite Beijing's objections, according to the White HouseChina Foreign Ministry reiterated it strongl
READ STORY[PODCAST] US Open Rundown 27th November 2019
European bourses are firmer this morning in tentative trade ahead of the last full US day for the weekTop trade ministers from US, Mexico and Canada will sit down in Washington today for talks on USMCALittle movement in either the FX or Fixed complexes at present; DXY is slightly firmerLooking ahead
READ STORY[PODCAST] EU Open Rundown 27th November 2019
Asian equity markets traded broadly firmer after Wall Street extended on record levels once againHowever, gains were capped given the lack of material breakthrough from the recent slew of optimistic US-China trade rhetoricUS President Trump said we are in the final throes of reaching a trade deal wi
READ STORY[PODCAST] US Open Rundown 26th November 2019
European bourses are softer in holiday-thinned conditions despite positive overnight trade rhetoric·China and US trade negotiators held a phone call today in which they reached a consensus on solving issues and agreed to keep in contact regarding phase one dealFed Chair Powell said Fed would respond
READ STORY[PODCAST] EU Open Rundown 26th November 2019
Asian equity markets traded mostly higher after taking impetus from the fresh record levels on Wall StreetChina and US trade negotiators held a phone call today in which they reached a consensus on solving issues and agreed to keep in contact regarding phase one dealUSTR Lighthizer later confirmed t
READ STORY[PODCAST] US Open Rundown 25th November 2019
European bourses are firmer this morning as sentiment is supported by APAC newsflowChina is to increase penalties related to IP theft and will examine lowering the threshold for violators according to fresh government guidelinesHong Kong Pro-democracy candidates achieved a landslide win following a
READ STORY[PODCAST] EU Open Rundown 25th November 2019
Asian equity markets began the week on a positive note with sentiment underpinned by encouraging reports from ChinaChina is to increase penalties related to IP theft and will examine lowering the threshold for violators according to fresh government guidelinesHong Kong Pro-democracy candidates achie
READ STORY[PODCAST] US Open Rundown 22nd November 2019
EZ PMIs were mixed with manufacturing beat but services subdued, UK missed across the boardEuropean bourses are slightly firmer this morning on little in the way of trade updates and mixed dataECB’s Lagarde speech delivered little in the way of surpises for marketsDXY is flirting with the 98.0 mark
READ STORY[PODCAST] EU Open Rundown 22nd November 2019
Asian equity markets eventually traded mixed after the region’s early attempts to shrug-off the headwinds from the losses on Wall St. proved to be short-livedChinese President Xi said China did not start the trade dispute with US and is not afraid of a trade war, nor will it flinch from such a fight
READ STORY[PODCAST] US Open Rundown 21st November 2019
US President Trump said he doesn't think China is stepping up to the level he wants in trade talks and that China wants a trade deal more than he does.China last week invited US trade negotiators for further talks, reports WSJ citing sourcesUS House has voted to pass the Hong Kong bill and sent it t
READ STORY[PODCAST] EU Open Rundown 21st November 2019
Asian equities are lower across the board after source reports noted the US-China phase one deal may not be completed this yearUS President Trump said he doesn't think China is stepping up to the level he wants in trade talksUS House has voted to pass the Hong Kong bill as expected and sent it to US
READ STORY[PODCAST] US Open Rundown 20th November 2019
European bourses are subdued as risk-off sentiment takes hold as US-Sino tensions resurfaceChinese Global Times Chief Editor said China is prepared for a prolonged trade war, but believe the sides can reach a dealUS Senate unanimously approved the Hong Kong Human Rights bill and sent it to House of
READ STORY[PODCAST] EU Open Rundown 20th November 2019
Asian equity markets traded mostly lower as investor sentiment continued to hang on the US-China trade uncertaintyUS and China could reportedly tie tariff relief to the deal from May in order to decide how much tariffs should be rolled-back as part of a phase one dealHowever, scepticism remains over
READ STORY