The Premarket Movers & News by Newsquawk

European stocks gave up earlier gains on quadruple witching day, sectors are mostly in the redDollar trades within a tight range above 95.50, EUR is supported by encouraging EZ PMIsUS President Trump reportedly pulled back from launching attacks on Iran hours after approving strikes on a handful of

Asian equity markets traded mostly lacklustre as the FOMC-fuelled momentum began to wane in the region despite the strong lead from Wall StBoris Johnson maintained the lead after the 5th round of the Tory leadership ballot with Jeremy Hunt making it to the final two after Michael Gove was eliminated

European equities higher across the board as investors cheer the FedDXY lower, NOK bolstered by hawkish Norges hikeLooking ahead, highlights include BoE rate decision US weekly jobs, Philly Fed, BoE’s Carney ASIA-PACAsian equity markets traded mostly positive as the region digested the dovish F

FOMC stood pat on rates, dot plot showed median forecast is for no change in rates in 2019 although nearly half expected lower ratesFed stated it will closely monitor developments and removed its pledge to be “patient”.BoJ kept monetary policy settings unchanged as expectedBoris Johnson maintained t

Asian equity markets rallied across the board as the region followed suit from the heightened global risk appetiteFormer UK Foreign Minister Boris Johnson remained in the lead after the second round of the Conservative leadership voteDXY was steady and remained near this month’s highs after the rece

ECB President Draghi said additional stimulus will be required if inflation aim is threatened, APP still has considerable headroomStocks surge as Draghi strikes a dovish tone, albeit Financials underperform amid the prolongation of negative ratesEUR slumped to the bottom of the G10 pile amid dovish

Asian equity markets mostly saw cautious gains ahead of this week’s key risk events and following the marginal gains in the USBoris Johnson allies reportedly plan to rig the leadership contest by ‘lending’ votes to Jeremy HuntDXY continued on from the prior day’s swings and slipped back below 97.50

MON: US hearing on further China tariffs.TUE: RBA Minutes, German ZEW Sentiment, EZ CPI (Final), US Housing Starts.WED: FOMC Monetary Policy meeting, CBRT Summary of the MPC meeting, BCB Monetary Policy meeting, Japan Trade Balance, UK & Canada CPI.THU: BOE, BOJ, Norges Bank, Bank of Indonesia,

Major European stocks are flat/mixed in a continuation of the cautious tone seen in AsiaMost major FX pairs remain rangebound ahead of an action-packed weekLooking ahead highlights include, US NY Fed Manufacturing and ECB’s Draghi ASIA-PACAsian equity markets began mixed with the region cautiou

Asian equity markets began mixed with the region cautious ahead of the upcoming slate of key risk eventsPrice action in FX was relatively quiet amid a lack of tier 1 data releases, DXY slightly pulled back from Friday’s data-driven gainsFormer UK Foreign Minister Boris Johnson’s plans to withhold Br

European indices are predominantly lower [Euro Stoxx 50 -0.4%] as the risk-off theme prevailsThe US have reportedly asked the WTO to pause the investigation into China IP until December, and India are reportedly preparing higher tariffs on 20 US goodsLooking ahead highlights include, US Retail Sales

Asian indices are mixed, pulled between the positive Wall St. lead and impending Chinese data at 08:00BSTUS Secretary of State Pompeo formally blamed Iran for the Oman tanker attacksNEC Director Kudlow states that China has broken WTO terms on trade, as such US President Trump is taking actionLookin

European equities are firmer [Euro Stoxx 50 +0.2%], deviating from their Asia-Pac counterpartsWTI & Brent are significantly firmer amidst reports that two oil tankers in the Gulf of Oman have been attackedIn FX, the USD remains relatively stead while safe havens are buoyed by ongoing geopolitica

Asia-Pac stocks remain lower as the risk-off sentiment spills over from the US; amidst negative Chinese rhetoric on a US trade dealUS President Trump remains optimistic on achieving a deal with China, but added that tariffs on the rest of Chinese imports will be imposed if no deal can be achieved; h

No major fundamental EU session updates leave European Indices [Euro Stoxx 50 -0.5%] subdued and largely in-line with their Asia-Pac counterparts.In FX, the USD is lacklustre ahead of US CPI; with G10 counterparts failing to significantly capitalise on this amidst the downbeat toneLooking ahead high

Asian indices are mixed, following on from Wall St. finishing flat, breaking its week-long win streakIn FX, the USD is little changed ahead of US CPI; with main G10 counterparts relatively steady as wellUS President Trump says he is the one holding up the US-China trade deal, and that he expects to

European indices are firmer this morning [Euro Stoxx 50 +0.9%], taking the lead from a positive Asia-Pac session.In FX, Sterling is outperforming G10 counterparts on the combination of both strong UK labour data and hawkish BoE speakLooking ahead highlights include, US PPI. Supply from the USASIA-PA

Asian indices are higher as sentiment remains supported on US-Mexico tariff reliefBoE’s Saunders says the BoE will likely need to return to a neutral stance sooner than expected and rates do not necessarily need to be on hold until Brexit uncertainty fadesLooking ahead highlights include, UK Employm

European Indices  [Euro Stoxx 600 +0.2%] are firmer as risk sentiment remains positive after the US agreed to advert tariffs on MexicoIn FX, the USD outperforms its G10 counterparts with antipodeans lagging on mixed China trade, while GBP declines with UK GDPLooking ahead highlights include; Ca

 WEEKEND: G20 finmin/cbank heads meet.MON: US to impose tariffs on Mexico; UK Tory leadership campaign starts; Japan GDP; UK GDP, Manufacturing; Canada housing.TUE: EIA STEO, UK jobs reportWED: China CPI, US CPI, CBRT.THU: OPEC MOMR.FRI: IEA oil report, CBR.G20 FINMIN/CBANKS HEAD MEETING (WEEKE

Asian indices are firmer with sentiment bolstered by the US and Mexico reaching an agreement to avoid tariffsSources indicate that ECB policymakers are said to be open to lowering rates if growth weakensIn FX, the USD has benefited as tariffs were avoided with MXN outperforming; GBP is subdued as th

European indices [Euro Stoxx 50 +1.0%] are firmer as the positive sentiment rolls over from Asia-Pac session ahead of NFPWhite House Press Secretary Sanders stated that the US is moving ahead with Mexico tariffs, President Trump reportedly plans to declare a national emergency to impose the tariffsL

Asian equity markets were mostly higher following the tailwinds from US where sentiment was underpinned by hopes of averting tariffs on MexicoHowever, White House Press Secretary Sanders later cast doubts on this and stated the US is still moving ahead with tariffsDXY consolidated around the 97.00 l

European indices are firmer [Euro Stoxx 50 +0.8%], diverging from the mixed performance of their Asia-Pac counterpartsUS President Trump stated that tariffs on China could be raised to another USD 300bln if necessary due to trade disputesIn FX, the USD has consolidated above 97.0 while the EUR remai

Asian indices are mixed with sentiment subdued by the lack of Mexico tariff progress and as Chinese agencies are discussing opinions on countermeasures against the USIn FX, the DXY is flat but at prior session highs with G10 peers subdued as a resultLooking ahead highlights include; German Industria