The Premarket Movers & News by Newsquawk

Major European indices [Euro Stoxx 50 +0.6%] are firmer as risk sentiment begins to unwind slightly after yesterday’s sell-offChina Global Times Editor states that China may release additional retaliatory measures; notably, China declined to comment on US Treasury holdingsTwo Saudi Aramco oil pumpin

Asian indices were subdued after China’s tariff retaliation and the USTR posting details on tariffs for an additional USD 300bln; although, sentiment was aided by optimism from US President TrumpCross party Brexit talks reportedly made no progress, while PM May is under pressure to abandon compromis

European indices are downbeat [Euro Stoxx 50 -0.5%] following on from the performance of their Asian counterparts as focus remains firmly on US-China trade uncertaintyChina Global Times Editor believes that China has not yet released countermeasures immediately as China may be drafting a plan which

<ul><li>MON: Norway GDP.</li><li>TUE: OPEC MOMR, Swedish CPIF, Germany ZEW Survey, China IP, UK jobs data, BCB mins.</li><li>WED: US retail sales, IEA Oil Market Report, EZ GDP (2nd reading), Germany Prelim GDP, Canadian CPI, US IP.</li><li>THU: Banxico, Aus jobs data, Indonesian rate decision, Eurogroup meeting.</li><li>FRI: EZ CPI (Final), US auto tariff decision.</li></ul>

Asian stocks and US equity futures began the week negative as focus remained on the US-China trade tensionsPresident Trump thinks China felt they were being beaten so badly on negotiations that they may as well wait around for next election, but warned that a deal will become far worse for them if i

Asian stocks and US equity futures began the week negative as focus remained on the US-China trade tensionsPresident Trump thinks China felt they were being beaten so badly on negotiations that they may as well wait around for next election, but warned that a deal will become far worse for them if i

US President Trump increased tariffs from 10% to 25% on USD200bln of Chinese goods; however, he did comment that a trade deal is possible this weekMajor European Indices [Euro Stoxx 50 +0.8%] are firmer following the choppy overnight action as sentiment turned risk-on as market’s remain hopeful that

US President Trump has increased tariffs to 25% from 10% on USD 200bln of Chinese goods; China says they will take countermeasuresChoppy price action in Asian equities with Chinese Vice Premier Liu He reportedly stating that it is now up to President Trump and President Xi to work this outLooking ah

Major European indices [Euro Stoxx 50 -1.0%] remain subdued in-line with the performance seen overnight on continuing US-China uncertaintyOn the geopolitical front, and adding to the risk-off sentiment, reports state that North Korea fired what is likely to be two short-range missilesLooking ahead,

Asian indices were negative ahead of the Chinese delegation arriving in Washington for the resumption of trade talksIn FX, the DXY was steady along with other safe havens while remaining G10 currencies are subdued/flat vs USDLooking ahead, highlights include US PPI &amp; Wholesale Inventory, Norges

Source reports indicate that China backtracked on legal issues affecting nearly every section of the proposed US trade agreementMajor European indices [Euro Stoxx 50 -0.3%] have given up the mornings initial gains as sentiment turns once again on US-China updatesFX markets are broadly reflecting the

Asian equity markets were mostly negative as ongoing US-China trade uncertainty continued to take its toll on risk sentimentUK PM May will reportedly stay in office until the Conservative party conference in September after setting a new summer deadline to finalize Brexit talksRBNZ cut rates by 25bp

European Indices have drifted lower as the day progressed [Euro Stoxx 50 -0.6%], in-spite of reports that China’s VP Liu He is to attend trade talks in the US providing a boost to sentimentIn FX, AUD is outperforming after the RBA stood pat and were less Dovish than anticipated in their statement; r

Asian equities traded mixed as sentiment remained at the whim of the ongoing US-China trade uncertaintyUS Trade Representative Lighthizer confirmed the US will increase tariffs on China on Friday if there is no deal and that China was reneging on commitmentsUK PM May is facing fresh calls from withi

European indices [Euro Stoxx 50 -2.0%] have succumbed to the risk off tone as US President Trump has threatened to hike tariffs on China, with Asia afflicted overnight from this, US equity futures are likewise subdued.Subsequently, China’s Foreign Ministry states that they hope the US can meet China

Monday: UK HolidayTuesday: RBA Monetary Policy Meeting, EIA Short-Term Energy Outlook, Australian Retail Sales and Trade Balance, German Industrial Orders and Output, Japan returns from Golden Week HolidayWednesday: RBNZ Monetary Policy Meeting, Brazilian Central Bank Monetary Policy Meeting, JMMC M

Asia-Pac indices and US equity futures began the week with heavy losses as President Trump heightens tensions in the US-China trade war·&nbsp;Subsequently, China is reportedly mulling cancelling trade discussions this week following US President Trump's tariff threats·UK PM May remains optimistic th

European indices on the front foot [Euro Stoxx 50 -0.3%], but bonds backpedaling pre-NFPUSD remains firm with the DXY just below the 98.0 level ahead of NFPLooking ahead, highlights include US Jobs Reports, US ISM Non-Manufacturing, Fed's Evans, Clarida, Williams &amp; BowmanEarnings: Berkshire Hath

Asian equity markets were mixed with the region cautious ahead of the looming US NFP data and after losses on Wall StA report suggested that US and China trade talks may have hit an impasse. However, comments from US Commerce Secretary Ross suggested the two nations are in the end-game of negotiatio

European indices [Euro Stoxx 50 -0.3%] have traded indecisively this morning as the region struggles to find directionIn FX, the USD has lost a degree of its post-FOMC momentum, with the EUR garnering support from the EZ PMIs this morningOn the trade front, reports indicate that Chinese Foreign Mini

FOMC left rates unchanged as expected and announced a ‘technical’ cut in the IOER; Chair Powell stated that he does not see the case for moving policy in either directionAsian indices were mixed, as most of the region returned from market holidays, somewhat diverging from the negative Wall St leadSo

Markets have been quiet due to the mass closures for Labour Day, while the FTSE 100 (+0.1%) is similarly uninspiringIn FX sterling outperforms but the broadly in line PMI did little for the currency, while NZD underperforms following the weak jobs dataLooking ahead, highlights include US ADP &amp; C

A quiet tone was observed in Asia-Pacific amid market closures, US equity futures were underpinned after-hours following Apple earningsEurosceptic ministers fear that PM May is preparing to give in to Labour demands on Brexit after they were told an unpalatable result would be better than a disastro

European indices have continued to drift lower following on from the predominantly downbeat Asian sessionOn the data front EZ GDP came in above expectations, with State German CPI’s all increasing vs. their priors ahead of the German prelim figure at 13:00BSTLooking ahead, highlights include German

Asian equity markets traded mostly lower following weaker than expected Chinese PMI data and as the region digested a heavy slate of earningsUK PM May is reportedly facing a grassroot vote demanding her resignation while cross party talks are said to have been betterLooking ahead, highlights include