The Premarket Movers & News by Newsquawk

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

European Indices [Euro Stoxx 50 +0.3%] are firmer but notably not as buoyed as the Asia-Pac session was overnightIn FX, the USD remains weak with the DXY back below the 97.0 handle to the benefit of all (ex-JPY) G10 counterpartsEuropean Commission are to instigate infringement processes against the

Asian indices were higher as the region took impetus from Wall St. posting its largest daily gain since early-JanuaryItalian Deputy PM’s Salvini and Di Maio have reached an agreement to work togetherIn FX the DXY dropped towards the 97.0 level following Fed comments; to the benefit of most G10 count

Major European indices [Euro Stoxx 50 +0.6%] are firmer after a subdued Asia-Pac lead, though the tech sector is still the underperformerChina have reportedly issued a warning against travelling to the US, and the Foreign Ministry states that it is clear every set back in trade talks was due to the

Asian indices are largely negative as tech suffered in sympathy with Wall St. and the US accused China of misrepresenting trade talksFed’s Bullard (Voter) said a rate cut may be warranted soon amid trade and inflation concernsRBA cut rates as expected; to support employment growth and generate great

European indices remain subdued [Euro Stoxx 50 -0.1%] but have grinded higher after a downbeat Asia-Pac lead as China issued a White Paper blaming the US for the deterioration in trade talksIn FX, the DXY remains below the 98.0 handle and relatively unchanged for the session ahead of key risk events

MON: Swiss CPI, Turkish CPI, EZ, US/UK mfg PMI, US ISM mfg, construction spending, NZ tradeTUE: RBA, UK cons PMI, EZ CPI & unemployment, US factory orders, Aus GDPWED: EZ, UK & US services PMI, EZ PPI, retail sales, US ADP, ISM non-mfg, NBP, Aus TradeTHU: German factory orders, RBI & ECB

A subdued start to the week for Asian indices as China released a White Paper blaming the US for trade talks deteriorating, and are to create an unreliable entity listIn FX, the DXY remains below the 98.0 level as the US faces a two-front trade war; while, EUR and GBP are benefiting from the USD wea

European Indices are firmly in negative territory [Euro Stoxx 50 -1.7%] following US Presidents Trump’s plans to place tariffs on Mexican goods at an initial level of 4%China’s Global Times Editor states that China will take major retaliatory measures against the US placing Huawei and other Chinese