The Premarket Movers & News by Newsquawk

Asian stocks traded higher across the board with sentiment underpinned as news flow spurred optimism regarding US-China trade relations Multiple sources in the UK believe that the 48 letter threshold has been reached to trigger a confidence vote in UK PM May; yet to be confirmed Most major FX

China reportedly looking to move forward with US Auto Tariff reduction lifts equity futures further as risk-on tone returns Cable climbing as UK PM May returns to Brussels for compromise Looking ahead, highlights include US PPI, US 3yr Note Auction, PM May meeting EU’s Juncker & Tusk

Asian equity markets were mixed as sentiment in the region only found mild solace from the tech-led recovery on Wall St. A source said Brexit vote could take place in early January, although a spokesman for UK PM May said doesn't think PM May established a new Brexit deal vote date Reports

Mixed reports on meaningful vote deal leads to a meandering GBP Risk sentiment remains soft, as trade uncertainty remains at the forefront Looking ahead, highlights include US JOLTS, BoC’s Lane and BoE’s Cunliffe ASIA Asian equity markets began the week lower following last

European equities extend cash-open gains as the region following the rebound seen on Wall St Oil trades choppy as OPEC talks come to a standstill with Iran remaining an obstacle Government sources state that the UK meaningful vote on PM May’s deal will take place on December 11th Look

Asian stocks saw cautious gains with the region getting an early tailwind after the sharp rebound on Wall St, where most majors finished lower albeit off worse levels UK PM May is said to be weighing plan to postpone next week's Brexit vote, with her allies urging her to delay the vote amid f

Crude collapses as OPEC+ and Saudi assert that there is no rush to cut, and 1.3mln BPD is “excessive Huawei CFO arrested on Iranian sanction violations hints at further trade tensions as the bearish market sentiment takes hold Looking ahead, highlights include ADP Employment, Initial Job

Asian stocks were lower across the board for a 3rd consecutive day with sentiment dampened after the US market closure and reports that Canada arrested Huawei’s CFO at the request of US authorities The potential ramifications for US-China trade discussions weighed heavily on US equity futur

European bourses (Eurostoxx -0.9%) have followed suit from their US and Asia-Pac counterparts as trade-inspired optimism continues to fade Brexit legal advice states "backstop could mean the UK is subject to protracted and repeating rounds of negotiations" Broad dollar and DXY have h

Asian stock markets were pressured following the sell off on Wall St where doubts regarding a US-China trade deal saw all US majors drop over 3% China’s Mofcom declared the US-China trade meeting as successful, although were said to be puzzled and irritated by the Trump administration's

European equities have kicked the session off with modest losses (Eurostoxx 50 -0.5%) as markets take a breather from yesterday’s “trade truce” inspired gains DXY pulling back further from 97.000 to register a fresh post-G20 low of 96.372 Oil surged on source reports of a 1.3

Asian stocks traded mostly negative as the relief rally fizzled out in the region with investors quick to book their recent profits. In FX markets, USD softened against its major counterparts with the DXY back below the 97.00 level amid a decline in US yields, which benefitted both EUR/USD and GB

US President Trump and Chinese President Xi Jinping announced a truce at the G20 in which the US agreed to delay hiking tariffs on USD 200bln of Chinese goods to 25% for 90 days Russia President Putin spoke with Saudi Arabia’s Crown Prince in which they agreed to extend the OPEC+ agreement,

US President Trump and Chinese President Xi Jinping announced a truce at the G20 in which the US agreed to delay hiking tariffs on USD 200bln of Chinese goods to 25% for 90 days Russia President Putin spoke with Saudi Arabia’s Crown Prince in which they agreed to extend the OPEC+ agreement,

Italian QQ GDP contraction weighs on BTP’s as Bund-BTP spread retests 300bps Double trouble for Deutsche bank as MS downgrades EU banking stocks and probe enters second day EU equity indices largely in the red and core EU bonds in the green in skittish trade ahead of G20 Looking ahead

Asian stocks traded mixed amid a cautious global risk tone ahead of the US-China showdown at the G20 and as participants digested disappointing Chinese PMI data FOMC Minutes stated almost all policy makers said rate hikes likely warranted "fairly soon" and it could be appropriate at fut

European equities (Eurostoxx 50 +0.1%) initially piggybacked on the optimism seen on Wall St and during the Asia-Pac session as perceived dovish rhetoric by Fed Chair Powell continues to guide markets. Chinese President Xi is expected to offer greater market access and fewer subsidies to state fi

Asian stocks traded mostly positive after risk appetite was ignited by Fed Chair Powell’s dovish comments which spurred hopes the Fed may begin to slow down on its hiking cycle In FX markets, the USD was pressured post-Powell with the DXY back below 97.00 which led EUR/USD and GBP/USD to re

European equities (Eurostoxx 50 +0.3%) have held on to opening gains seen in the wake of the upbeat US and Asia-Pac sessions, despite lingering trade concerns. EU Commission will begin disciplinary action on Italy regarding its debt before Christmas; but Italy remain optimistic that a deal can be

Asian equity markets traded mostly positive following a similar lead from Wall St. but with the session initially mired by lingering trade uncertainty White House Economic Advisor Kudlow said President Trump could hike tariffs if no constructive talks occur at G20, however, Trump remains open to

US President Trump said he still intends to go ahead with raising tariffs on China imports from 10% to 25% and that it was highly unlikely he would accept China’s request to refrain from the increase. Italy's League economic advisor Siri says Italy are considering reducing the budget de

Asian equity markets were mostly positive as the region took impetus from the performance on Wall St, where all majors finished with firm gains US President Trump suggested an intention to proceed with raising tariffs on China imports from 10% to 25% and warned over tariffs on the remaining USD 2

European equities started the week on the front foot (Eurostoxx 50 +1.1%) following the upbeat performance experienced over in Asia The Italian government are discussing reducing the 2019 deficit target to 2.0-2.1% from 2.4%; according to a government source The European Council released its s

Asian equities and US index futures began the week mostly positive as stock markets picked themselves up from the Thanksgiving holiday lull The European Council released its statement that endorsed UK PM May’s Brexit deal, as expected EU officials were quick to warn that there is no plan

EUR suffers post-poor flash EZ PMI’s as slowing global growth hurts European exports Crude continues its collapse in thin trade and set for 7th consecutive weekly fall Gibraltar remains a key issue ahead of Sunday’s Brexit summit Looking ahead, highlights include Canadian CPI, E