The Premarket Movers & News by Newsquawk

Asian stocks traded mostly lower with sentiment in the region subdued by trade concerns and holiday-thinned conditions Tory Brexiteer Iain Duncan Smith stated that the Brexit deal will be killed off by him and his Brexiteer colleagues in Parliament In FX markets, the major pairs traded sideway

Asian equities were mixed as the region struggled to sustain the rebound seen on Wall St, where a recovery in the energy and tech sectors underpinned most major US indices UK PM May's spokesperson said PM May and EU's Juncker failed to finalise a deal on terms of Brexit but added that ver

European equities are higher across the board (Eurostoxx 50 +0.8%) as the region stemmed the stock rout seen in Asia and Wall Street European commission has rejected the Italian budget, with the opening of EDP said to be warranted Looking ahead, highlights include US Durable Goods, Weekly Jobs

Asian stocks mostly weakened as the global stock rout continued into the region following the losses in US US Trade Representative Lighthizer released a report regarding China intellectual property and tech transfers which stated that China has not altered its unfair practices UK PM May will d

FAANG stocks down 1.3-2.0% premarket, while EU technology sector hits yearly lows DXY and broad Dollar saved from steeper declines as jitters over Brexit alongside the Italian budget are in focus Looking ahead, highlights include US building permits & housing starts, BoC’s Wilkins &a

Asian stock markets were lower across the board as the risk averse tone rolled over from Wall St, where the tech sector led the sell-off Brexiteers reportedly still lack the sufficient number of signatures required to trigger a no-confidence vote against UK PM May UK PM May is reportedly drawi

APEC summit ended without an agreement on a joint communique for the first time in its history after China refused to sign amid US-China tensions Apple have reportedly cut production orders for their 3 new iPhone models and are down 1.9% pre-market DXY remains capped below a key Fib level (96.

Asian equity markets began the week somewhat cautious on lingering trade concerns and after disunity at the APEC summit UK PM May stated over the weekend that there has not yet been enough number of letters required to trigger a no-confidence vote ERG sources are said to be confident of reachi

16th November 2018 Gove, Fox, Grayling, Mourdant and Leadsom all decide to stay as UK political resignations abate ERG sources suggest 48 letters need for no confidence vote have all been handed in to Brady Looking ahead, highlights include US Industrial Production, ECB’s Weidmann and

US-Chinese trade relations in focus again after conflicting reports suggesting the next round of Chinese tariffs are being placed on hold, which USTR Lighthizer later denied UK PM May said she will see this through and fight leadership challenge. UK PM May is yet to appoint a new Brexit Minister

Sterling pounded amidst multiple cabinet resignations Gilts hit contract high, ahead of possible no-confidence vote as UK PM in Dis-May Looking ahead, highlights include US retail sales, US weekly jobs, NY Fed mfg, Philly Fed, DoEs, ECB’s Coeure, Praet and de Guindos, Fed’s Quarles

Asian equity markets were eventually mostly higher after the region gradually shrugged off the cautious lead from the losses stateside UK PM May confirmed she has cabinet backing for her Brexit deal and stands ready to present the deal and a statement to Parliament There were reports that a PM

Cable wings clipped by customs concerns ahead of 14:00GMT Cabinet meeting Source reports of a possible 1.4mln BPD oil supply cut by OPEC fails to stop the rot Looking ahead, highlights include, UK Brexit Cabinet meeting, US CPI, Fed’s Quarles, Powell, Supply from Germany and UK cabinet t

Asian equities traded lacklustre following a similar performance on Wall St where the energy sector was hit by a further aggressive slide in oil prices All eyes are now on events at 10 Downing Street as UK PM May’s cabinet meets to discuss her Brexit deal Tensions between Italy and the E

Brexit "endgame" talk lifts Cable to a 1.29 handle as a deal hangs in the balance; Italian assets underperform ahead of budget re-submission deadline Positive US-China trade rumblings lifting equities but oil extending losses as Presidential jawboning fails Looking ahead, highlights

Major Asian equity markets mostly followed suit to the sell-off on Wall St where tech led the declines UK PM May said Brexit talks are now reaching their "endgame" and that both sides are working hard to reach an agreement but added that significant issues still remain Senior ministe

European equities are mixed after having initially opening higher across the board, DAX underperforms while FTSE 100 is buoyed by a weaker GBP DXY has extended recovery gains beyond 97.000 and through its previous ytd peak to top out just shy of 97.600 Looking ahead, the calendar includes a la

Asian equity markets eventually traded mostly positive but with gains limited as some cautiousness lingered from the uninspiring performance on Wall St last Friday GBP/USD gapped lower towards 1.2900 after reports that UK PM May cancelled an emergency cabinet meeting which severely lessens the li

Major European equities are lower across the board (Eurostoxx 50 -0.8%) as the sentiment seen in Asia spills over onto the region WTI and Brent lost the USD 60/bbl and USD 70/bbl handles respectively, after the complex entered into bear market territory GBP has lost momentum and is underperfor

Fed kept Federal Funds Rate target unchanged at 2.00-2.25% as expected and continued to point to “further gradual increases” in rates Asian equity markets traded lower following a lacklustre lead from Wall St where the mid-term stock rally stalled EU is said to want a customs borde

Major European indices are mixed (Eurostoxx 50 -0.2%) after starting the session in positive territory, financials outperform while consumer discretionary names la The dollar index is holding relatively firm above the 96.000 handle within a fairly confined range awaiting the Fed, while GBPUSD is

Asian stocks were mostly higher as they took impetus from the post-election rally seen on Wall St where all majors gained at least 2% EU Commission see Italian budget measures leading to a deficit/GDP ratio of 2.9% vs. the Italian government's view of 2.4%, according to sources FX markets

Democrats have taken control of the House, while the Republicans retain control of the Senate, as expected European equities are positive across the board as investors digest the consequences of a split Congress, with US equity futures edging higher DXY lost the 96.00 handle as currency market

Democrats are projected to take control of the House after having gained an estimated 26 seats, while the Republicans are projected to have picked up a net 4 seats at the Senate A strong start for the Democrats initially weighed on US equity futures, although stock futures then recovered after fu

Major European indices are mostly in the red (Eurostoxx 50 -0.4%) with outperformance in Switzerland’s benchmark The greenback is trading cautiously ahead of today’s US mid-term elections, with the DXY hovering just above 96.200 Looking ahead, highlights include US JOLTS, APIs, ECB