The Premarket Movers & News by Newsquawk

Asian equity markets struggled for direction after the subdued performance on Wall St, where major indices failed to sustain initial gainsDXY rests above 98.00 in a mild breakout from the prior day’s flat performance, while its major counterparts were lacklustreItalian Deputy PM Di Maio said the 5-S

European indices are mixed wih Italy’s FTSE MIB outperforming on coalition positioningItaly’s 5-Star Movement have suspended talks with PD unless they agree to have Conte as the coalitions PMIn FX markets, USD has modestly pulled back and remains below 98.00, while Sterling is supported by improved

Asian stocks were higher as they followed suit to the rebound across their global peers amid a more conciliatory tone from US President TrumpUS President Trump suggested that negotiations with China will begin shortly and thinks a deal will be reachedTrump was also optimistic about reaching a deal w

26th August 2019 ·        A plethora of US-China comments thus far has resulted in choppy risk sentiment, overall Trump has been constructive though China remains negative·        US President Trump stated that the sides held

SUN: NZ TradeMON: UK Bank Holiday, German IFO, US Durables, Dallas Fed Manufacturing Business IndexTUE: German GDP (2nd), Hungarian Rate Decision, US House Price Index, S&P Case-Shiller, CB Consumer Confidence, Richmond Manufacturing IndexWED: GFK Consumer Climate, EZ M3 Money Supply, Israeli Ra

Asian equity markets tracked last Friday’s hefty losses on Wall Street and the continued weakness in US index futures at the reopen due to the escalation in the US-China trade warUS President Trump announced on Friday he is to raise tariffs on China by another 5ppts on the current and incoming tarif

European bourses are firmer this morning in-line with the cautious gains overnight ahead of the main Jackson Hole event today of Fed’s PowellUSD is firmer vs most G10 counterparts particularly Sterling as backstop optimism fades, though NZD outperforms on RBNZ comments overnightChina Global Times Ed

Asian equity markets traded with cautious gains as participants await Fed Chair Powell’s speech and after the lack of conviction on Wall St.In FX markets, the greenback extended above the 98.00 level, EUR/USD was contained in a tight range, USD/JPY and JPY-crosses edged mild gains and NZD/USD firmed

Core European bourses are marginally softer this morning as sentiment took a downturn in-spite of strong EZ dataChinese Commerce Ministry said China will have to retaliate if US persists on current course, adding that any new measures will lead to escalation, unreliable entity list will be published

FOMC Minutes stated a couple of policymakers would have preferred a 50bps rate cut to address low inflation and that several favoured maintaining rateA reference to the “mid-cycle adjustment” suggests that Fed Chair Powell's use of the phrase was not an off-the-cuff remarkGerman Chancellor Merkel sa

European indices are firmer this morning as risk sentiment recovers somewhat, to the detriment of fixed income and safe havensFed’s Daly stated she does not think we are heading for a recession while Fed’s Kashkari believes Fed should use forward guidance now and will argue for cuts in SeptemberUSD

Asian equity markets traded subdued as the region conformed to the dampened global risk tone with markets cautious ahead of looming FOMC riskEU sources reportedly believe UK PM Johnson is pulling British officials out of EU meetings which hints that the PM is not serious about achieving a Brexit dea

European bourses are little changed this morning after a mixed Asia-Pac handover and little in the way of catalysts since thenDXY has inched closer to August highs with Sterling subdued and safe havens deriving some safe haven impetusItalian PM Conte to address the senate at 14:00BST/09:00ET on the

Asian equity markets traded mostly higher as the region benefitted from the mild tailwind in the USUK PM Johnson told EU's Tusk in a letter he hopes the UK will leave the EU with a deal, but the backstop must be scrappedDXY held on to recent gains although price action was uneventful ahead of this w

European indices (+0.9%) are benefiting from the improved risk sentiment thus far, to the detriment of the fixed income complex and safe havensPBoC announced that it will make the Loan Prime Rate the new Benchmark Reference Rate, which will be linked to the Medium-term Lending Facility rateUS Presid

MON: Japanese Trade Balance, EZ CPI,TUE: Swiss Trade Balance, German PPI, Norwegian GDP, Canadian Manufacturing Sales, RBA MinutesWED: Norwegian Unemployment, South African CPI, Canadian CPI, US Existing Home Sales, FOMC MinutesTHU: EZ & US Manufacturing, Services and Composite PMIs, Swedish Une

European indices are higher across the board, the FTSE 100 saw a delayed start on technical issues and EU banking names saw a sudden sell-offUS President Trump doesn’t believe China will retaliate on tariffs, and a call is scheduled with Chinese PM XIIran has not given any assurances on Grace 1 not

Asian equity markets struggled for firm direction following the mixed lead from Wall St where most major indices eventually saw some composureUS President Trump said he doesn't think China will retaliate to an increase in tariffs and understands the September meeting between negotiators is still onF

Risk-off resumed as US-China trade tensions flared up; stock futures slumped and fixed income surgedChina's Finance Ministry says China will have to take countermeasures on US moves, US actions violate the consensus reached in Osaka’s G20 meetingUS President Trump tweeted that China is eating tariff

Asian equities conformed to the rout seen on Wall St. where all major indices fell around 3% and the DJIA slumped 800 points in its worst performance YTDUS President Trump tweeted that China is eating tariffs with currency devaluation and that the tariff delay helps China more than US, but will be r

European equities are lower across the board as yesterday’s risk on sentiment fizzles out a Chinese data disappoints, and Germany prints a Q/Q GDP contractionChina is to keep its plan for September trade talks in Washington with the US following the US tariff delay, according to sourcesThe US 2yr/10

Asian equity markets traded higher across the board with global risk appetite spurred by a de-escalation in the US-China trade warContinued PBoC liquidity efforts and a firmer CNY fix added to the optimism before weaker than expected Chinese data saw stocks give back some of their gainsItalian Senat

European indices are lower [Euro Stoxx 50 -0.5%] as sentiment remains risk off as the geopolitical situation remains tense with dismal German data not helpingHong Kong's airport has reportedly suspended all check-ins, following online calls for another day of public assemblyUSD is mixed between G10

Asian equities followed suit from the losses on Wall St with sentiment sapped by the continued overhang from the US-China trade war and disruptions in HKUK PM Johnson believes EU will cave in at the last minute to save Ireland from a no-deal Brexit, according to reports citing a Downing Street sourc

European indices are now little changed, after a volatile morning dictated by risk sentiment amidst further unrest in Hong KongHong Kong’s airport authority have activated an ‘emergency center’, and all non-checking in flights cancelled for Monday; reports indicate the People’s Armed Police are head