The Premarket Movers & News by Newsquawk

European Indices [Euro Stoxx 50 +0.9%] are firmer this morning diverting from the mixed Asia-Pac performanceHP (HP), Dell (DELL), Microsoft (MSFT) and Amazon (AMZN) are all reportedly looking at shifting substantial amounts of their production capacity out of China., NikkeiIn FX, the DXY remains aro

Asian equity markets traded mostly subdued, Australia was led higher by gold minersDXY was steady whilst the mostly risk-averse tone spurred flows into safe haven JPYLooking ahead, highlights include EZ, UK and US Services PMI, US ADP, Factory Orders & ISM Non-Manufacturing PMI, Riksbank Rate De

European indices are largely unchanged this morning [Euro Stoxx 50 U/C] as sentiment slips from yesterday’s G20 inspired gainsUS President Trump said a new round of trade talks with China have started and that he expects Chinese President Xi will move on some of the disputed issuesUS Trade Represent

Asian equity markets traded indecisive as the euphoria from the US-China trade truce began to wane, Hong Kong played catch-upUS Trade Representative Office proposed increased tariffs on EU products due to EU aircraft subsidies, in which it proposed adding more tariffs to USD 4.0bln of EU goodsRBA lo

European Indices [Euro Stoxx 50 +0.9%] as the weekend’s positive US-China updates, among other geopolitical developments, generated risk-on sentiment which rolled over from the Asia-Pac sessionUS and China agreed to a temporary trade truce in which US will not levy new tariffs on China whilst also e

US and China agreed to a temporary trade truce in which US will not levy new tariffs on China whilst also easing some Huawei restrictionsUS President Trump had an impromptu meeting with North Korean Leader Kim Jong Un and agreed to resume stalled nuclear talksRussia and Saudi Arabia have agreed to e

European Equities are just into positive territory [Euro Stoxx 50 +0.3%], with the Fed having approved all 18 banks capital plans in their Comprehensive Capital Analysis ReviewUS President Trump says he will be meeting with Chinese President Xi tomorrow and thinks the meeting will be productive at a

Asian equity markets were subdued amid book squaring heading into the end of H1 and ahead of the upcoming Trump-Xi meeting at the G20FX price action was uneventful across the board with the DXY little changed on the session as its major counterparts sat rangeboundUK PM candidate Boris Johnson is rep

China’s President Xi is reportedly to present Trump with  a set of terms required for a resolution to the trade dispute; including the lifting of all punitive tariffsEuropean Indices are softer [Euro Stoxx 50 -0.2%], with sentiment somewhat dented on the ongoing US-China updatesIn FX, the DXY r

Asian equity markets traded higher after the region shrugged off the uninspiring lead from Wall Street ahead of the G20 SummitUK Remain rebels are reportedly planning to mount a new bid next week to block a no-deal BrexitIn FX markets, most currencies remained in a holding pattern, although the DXY

European indices [Euro Stoxx 50 +0.4%] were lifted from mildly negative territory by positive US-China commentsUS Treasury Secretary Mnuchin said the US-China deal is 90% complete, though there was some suggestion that these comments were delivered in the past tenseIn FX, the DXY has steadied above

Asian indices are somewhat subdued after Fed speakers tempered the prospect/magnitude of rate cutsUS is reportedly considering suspending the next round of tariffs as US-China prepare for trade negotiations to resumeRBNZ left rates unchanged but noted downside risks to employment & inflation; ad

European Indices [Euro Stoxx 50 -0.3%] are somewhat subdued following the lacklusture Asia-Pac handoverIran Foreign Ministry spokesman Mousavi states that the US sanctions mean the permanent closure of the diplomatic channelAbbVie (ABBV) is looking to buy Allergan (AGN) for in excess of USD 60bln in

Asian indices are subdued following on from the US’ imposition of sanctions on IranDXY continued its recent downtrend and slipped below 96.00, leading USD/JPY beneath 107.00US placed strong sanctions on Iran, including the Supreme Leader; Iran’s Foreign Ministry Spokesman states that the sanctions m

A choppy start to a potentially pivotally week for global trade [Euro Stoxx 50 -0.4%], with Trump & Xi due to meet at the G20 summitUS President Trump has stated that they will move ahead with additional sanctions on Iran; Iran’s Navy Commander said the downing of a US Spy drone was a ‘firm resp

SUN: Istabul Election re-runMON: German Ifo SurveyTUE: RBNZ Monetary Policy meeting, Hungarian Central Bank Monetary Policy meeting, US Consumer Confidence, New Home Sales, Meeting minutesWED: US Durable GoodsTHU: Banxico Monetary Policy meeting, US GDP Final, Core PCE (Final), EZ SentimentFRI: G20,

Asian equities began the week somewhat choppy with participants tentative ahead of the Trump-Xi G20 meetingConservative Party is reportedly making plans that would permit the next PM to hold off from putting their Brexit plans to Parliament until AutumnUS President Trump said he has no pre-condition

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,