The Premarket Movers & News by Newsquawk

European indices have been grinding higher [Euro Stoxx 50 +0.5%], diverging from the downbeat performance seen overnightRelatively quiet on the Brexit front ahead of today’s emergency summit [11:00CDT/17:00BST], recent reports highlight that MP’s are considering motions for PM May’s resignationIn FX

Asian indices are predominantly negative, following on from Wall St. where the SPX’s 8-day winning streak ended & ahead of today’s ECB rate decision, FOMC minutes & Brexit summitEU’s Tusk states that extending Article 50 to June 30th is not long enough; instead, proposes a 1-year flexible ex

Major European indices have traded choppily [Euro Stoxx 50 +0.2%], following on from the cautious trade overnight ahead of tomorrows risk events.Brexit sentiment, along with sterling, was buoyed by reports of German support for a 5yr backstop time-limit; however, this was subsequently deniedOn the t

Asian indices edged into positive territory, following a mixed performance on Wall St. and ahead of tomorrow’s risk events including ECB rate decision & FOMC minutesLegislation avoiding no-deal and forcing an extension to Brexit has been written into UK law, while the EU want a 9/12-month extens

A quiet start to the week for European trade [Euro Stoxx 50 -0.3%] following on from mixed trade overnight and ahead of several key events this week.Reports indicate that UK PM May is to offer Labour leader Corbyn a legally binding soft Brexit, with a ‘Boris Lock’; separately, Tory MP’s may oust May

A mixed start to the week for Asian indices, as Friday’s momentum fades and markets catch up from their extended weekendOn the Brexit front, the government is prepared to change the Political Declaration to achieve a deal while the EU thinks May’s short extension is riskyLooking ahead, highlights in

<ul><li><strong>Monday: </strong>US Factory Orders</li><li><strong>Tuesday:</strong> EU General Affairs Council, EIA STEO</li><li><strong>Wednesday: </strong>FOMC Minutes, ECB, OPEC MOMR, UK GDP, US CPI, Trump to meet South Korea President Moon, EU Brexit Summit</li><li><strong>Thursday: </strong>IEA Oil Market Report, Indian Elections Start, US PPI</li><li><strong>Friday: </strong>Revised Brexit date (TBC), Eurozone Industrial Production, Uni of Mich (prelim)</li></ul><p>&nbsp;</p>

Major European indices are little changed [Euro Stoxx 50 U/C], continuing the cautious tone seen in Asia ahead of today’s key risk events.US-China trade discussions continue, with Chinese Vice Premier Liu He saying the two sides have reached a new consensus on key issues, working to conclude talks s

Asian indices were cautious ahead of today’s key risk events and thinner trade amid market holidaysUS-China trade narrative continues, with President Trump and USTR noting that progress has been made, but the deal is not there yetUK PM May is drafting letters for EU’s Tusk and Labour’s Corbyn regard

European indices have traded lackluster this morning [Euro Stoxx 50 U/C] as markets await US-China updates and ahead of key risk eventsMPs marginally approved a bill preventing a no-deal Brexit, but rejected restricting extension date to before May 22nd &amp; further indicative votesLooking ahead, h

Asian indices were mixed with sentiment kept afloat by US-China trade optimism; notably, speculation around an imminent sign-off date for a dealMPs narrowly approved a bill to prevent a no-deal Brexit, but rejected restricting extension date to before May 22nd &amp; further indicative votesLooking a

European indices are firmer [Euro Stoxx 50 +0.7%] as the positive sentiment from Chinese PMI’s and US-China trade continues to drive markets; note, the FTSE 100 (U/C) is lagging on sterling strengthDollar is subdued weighed on by G10 counterparts strength on the back of risk sentiment, Brexit update

Asian indices were firmer with sentiment driven by Chinese PMIs and US-China trade; ahead of further talks in WashingtonUK PM May seeks a further A50 extension and a solution with Labour leader CorbynLooking ahead, highlights include EZ, UK &amp; US Services PMIs, EZ Retail Sales, US ADP National Em

Once again, none of the Brexit indicative motions reached a majority in the House of Commons, though a customs union moved closer to passingEuropean indices are largely unchanged as the data driven momentum fadesDollar is outperforming G10 counterparts buoyed from yesterday’s data and the underperfo

Asian indices were firmer following gains on Wall St. as the data driven sentiment continuesOnce again, all Brexit motions were rejected, though a customs union moved closer to passing; ahead of today’s cabinet meeting and another potential vote on ThursdayRBA kept rates unchanged as expected, maint

Major European indices are firmly in the green [Euro Stoxx 50 +0.8%] as the China fueled momentum rolls on from overnightDollar underperforms most G10 counterparts; excluding JPY which is subdued by the improvement in risk sentimentAnother busy day of Brexit ahead, amendment selection for today’s in

Asian indices were positive as momentum carried over from Wall St; risk tone was boosted by a beat in Chinese PMIsUS-China talks make ‘new’ progress, although China remains cautious&nbsp;No clear path for UK PM May or her deal, which may be pitted against the most popular motion from indicative voti

<ul><li>Monday: ISM Mfg, Mfg PMIs, EZ CPI, US Retail Sales, Construction Spending.</li><li>Tuesday: RBA, EZ Unemployment, US Durable Goods.</li><li>Wednesday: Services PMI; ISM non-Mfg; China Vice Premier Liu travels to US for trade talks; Aus Trade Balance; US ADP.</li><li>Thursday: RBI, US Challenger Job Cuts, US and Canadian Labour Market Reports.</li><li>Friday: No major releases.</li></ul>

Major European Indices [Euro Stoxx 50 +0.5%] are higher continuing the positive momentum from Asia – Of note, all of the Big 4 Chinese banks have now reportedHouse of Commons vote on the Withdrawal Agreement 14:30GMT/10:30EDT; no amendments have been selected for debate in ParliamentDollar remains f

Asian equity markets were higher across the board, Shanghai Composite outperformed as US-China trade talks are underwayUS Treasury Secretary Mnuchin said that US and Chinese negotiators had a productive working dinner last night in BeijingUK House Speaker accepted a vote on the Withdrawal Agreement

European Indices [Euro Stoxx 50 +0.3%] have gained some traction, diverging from the mostly negative performance seen in Asia – for reference, 2 of China’s Big 4 banks have now posted earningsUS-China trade talks progress; IP and enforcement remain sticking pointsNo majority for any Brexit indicativ

Asian indices were mixed, as the region somewhat diverged from Wall Street’s negative lead – China’s 2nd largest bank posted disappointing earnings, ahead of the other Big 4’s resultsUS-China trade talks progress; IP and enforcement remain sticking pointsUK PM May lays out resignation path, no major

European equities have been choppy [Euro Stoxx 50 -0.4%], following the significant downturn seen in risk sentiment after a somewhat mixed lead from AsiaHouse of Commons Speaker Bercow is to select indicative vote options around 15:00GMT/11:00EDT &amp; voting is to begin around 19:30GMT/15:30EDTDoll

Asian equity markets were mixed as the region somewhat failed to maintain the broad positive momentum from US where all majors finished in the greenOpposition Leader Corbyn is preparing to whip his MPs to back a move today that would keep Britain in the single market and customs unionNote, House Spe

European Indices are slightly firmer, taking impetus from the mild recovery staged late in Wall Street and overnightIn terms of FX, the greenback remains rangebound and mixed vs G10 counterpartsUK Parliament voted (327 vs. 300) to approve government motion which included the Letwin amendment (A) of