The Premarket Movers & News by Newsquawk

MON: N/ATUE: German CPI, UK Labour Market Report, German ZEW, US CPI.WED: Australian Wage Price Index, Chinese Industrial Production, Retail Sales, German GDP, Swedish CPI, UK CPI, PPI and RPI, EZ GDP.THU: Australian Employment Report, Norges Bank, UK Retail Sales, US Philly Fed, NY Empire State Man

Asian equity markets began the week with a cautious tone, Japan, India and Singapore were away on holidayIn FX markets, the DXY was flat, EUR and GBP received some mild reprieve and USD/JPY revisited Friday’s lowsChina Global Times Editor tweeted that as long as US forces a deal on China through max

European indices are firmly in negative territory [Euro Stoxx 50 -1.0%], as the mixed Asia-Pac handover fizzled outBTPs, FTSE MIB and Italian Banks are under significant pressure as recent reports indicate League Party are to present a no-confidence motion in the GovernmentUK GDP Prelim QQ Q2 -0.2%

Asian equity markets traded mostly higher as the region got a mild tailwind from the strong performance on Wall St and continued PBoC restraint on the CNYUS delayed the decision regarding Huawei licenses following China’s suspension of agricultural purchasesItalian Deputy PM and League leader Salvin

European indices are firmer thus far, as risk sentiment remained positive after a upbeat Asia-Pac session following strong Chinese data and a firmer than expected CNY reference rateSaudi official says it plans to keep its production below 10mln BPD, committed to do what ever it takes to keep the oil

Asian equity markets gained as a firmer than expected PBoC reference rate setting and Chinese trade data helped the region shake off initial tentativenessDXY flatlined during Asian hours with price action stuck around 97.50 and with uneventful trade observed across its major counterpartsUK PM Johnso

European indices [Euro Stoxx 50 +1.3%] are firmer this morning defying the mixed Asia-Pac handoverRBNZ and RBI cut rates by 50bp and 35bp respectively, adding further fuel to the global growth narrativeFixed continues to make ground with -60bps Bund yield ahead and Gold is inching closer to the USD

Asian equity markets traded mixed as the region observed caution despite the rebound on Wall St.PBoC weakened the CNY reference rate to within a whisker of the 7.0000 ‘line in the sand’ levelNZD/USD tumbled after the RBNZ announced a deeper than expected OCR cut of 50bps with Governor Orr refusing t

US Treasury Department designated China as a currency manipulator, Treasury Secretary Mnuchin said they will engage with the IMF to eliminate the unfair competitive advantageChina MOFCOM confirmed purchases of US agriculture products have been suspended and does not rule out placing tariffs on US ag

Asian equity markets resumed the global sell-off after the S&P 500 posted a 6th consecutive day of losses and the DJIA dropped over 900 points intradayThe US labelled China a currency manipulator whilst China confirmed purchases of US agricultural products have been suspendedMarkets found some c

European indices are firmly in negative territory [Euro Stoxx 50 -1.4%] as the US-China trade narrative ramps up and USD/CNH went through the 7.00 handleChina has asked state run firms to halt US agriculture purchases, however the State Planner later rebuffed the US’ accusation that China has not pu

Asian equity markets were lower across the board as the stock rout resumed from last week’s tariff announcement by US President TrumpChina has asked state-run purchasers to halt US agriculture imports, while a collapse in the CNH through the 7.00 handle also exacerbated the risk-averse toneDXY sligh

European indices are firmly in the red as sentiment remains under fire from US President Trump announcing further China tariffsFixed income has been underpinned on the risk sentiment with the German 30yr yield dropping below 0% for the first time and the 10yr below -50bpsChinese Commerce Ministry re

Global sentiment dented after US President Trump announced a 10% tariff on the remaining USD 300bln of Chinese goods to the USIn recent talks, Chinese sources stated that China was not backing down or adding back any of the concession language in the agreementDXY declined following the tariff announ

European indices are off FOMC-lows, Energy sector is pressured after Shell’s earnings and lower oil pricesCable remains lacklustre around 1.2100 ahead of the BoELooking ahead, highlights include US Initial Jobless Claims & ISM Manufacturing PMI, BoE Rate Decision, QIR & Press ConferenceEarni

Fed cut rates by 25bps as expected, but disappointed expectations for more dovish signalsFed Chair Powell suggested the decision was different from the beginning of a lengthy cutting cycle but later added he did not say that the cut is going to be the start of a cycle of "just one" rate cutAsian sto

European Indices are mixed this morning after an earnings dominated start to the session, and as further US earnings and the FOMC awaitsUS-China trade talks concluded early, with no substantial progress noted though the two sides are to meet again in SeptemberNorth Korea fired multiple projectiles e

European Indices are mixed this morning after an earnings dominated start to the session, and as further US earnings and the FOMC awaitsUS-China trade talks concluded early, with no substantial progress noted though the two sides are to meet again in SeptemberNorth Korea fired multiple projectiles e

Asian equity markets followed suit to the negative performance seen across global peers amid trade concerns, looming FOMC decision, mixed Chinese data and earningsApple gained around 4.5% after-hours due to a beat on both top and bottom lines, Co. missed on iPhone sales but Q4 revenue forecast surpa

European indices [Euro Stoxx 50 -1.0%] are firmly in negative territory, though the FTSE 100 once again outperforms as Sterling remains subdued and post BP earningsBoth FX and Fixed markets remain little changed (ex-Cable) ahead of this week’s risk eventsChina's Communist Party's Politburo reiterate

Asian equity indices shrugged off the lacklustre lead from global peers and traded marginally higher across the boardBoJ maintained current monetary policy settings and disappointed outside calls for a dovish tweak to forward guidanceGBP remains under pressure with UK PM Johnson refusing to meet wit

European Indices [Euro Stoxx 50 U/C] are little changed thus far, though the FTSE 100 (+1.1%) outperforms as sterling is subduedIranian Official said a meeting with parties relating the to 2015 nuclear deal was constructive, though unresolved issues remainUS & Japan are to have ministerial level

NOTE: This analysis was sent to RANsquawk clients last Friday. Sign up for a free trial by following this link.  MON: UK Mortgage Lending and Approvals, Dallas Fed Manufacturing IndexTUE: Japanese Unemployment and Industrial Production, Australian Building Approvals, German Import Price Index a

Asian equity markets began the week tentative ahead of upcoming slew of key risk events (FOMC, NFP, US-China trade talks) US President Trump said China will probably want to wait on a trade deal and try to delay it until the US electionUK Cabinet Minister Gove suggested the government will make inte

European stocks are largely dictated by earnings, telecoms gain on potential Vodafone unit IPOPost-earnings: Amazon (AMZN) -1.5%, Alphabet (GOOGL) +8.2% and Intel (INTC) +4.8% pre-marketDXY gains after clearing some tech barriers ahead of Tier 1 dataLooking ahead, highlights include US Q2 GDP, Baker