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[PODCAST] EU Open Rundown 6th November 2018
Asian equity markets were mixed as weakness in China clouded over the mostly positive lead from US where the DJIA and S&P 500 closed higher EU is reportedly to offer a compromise regarding the Irish border in which Britain could end the temporary customs arrangement However, reports also s
READ STORY[PODCAST] US Open Rundown 5th November 2018
European equities kick start the week mixed with the FTSE MIB weighed on by banks amid stress test results The Times reported UK PM May secured private concessions from Brussels that will keep Britain in a customs union and avoid a hard border, this was later dismissed as speculation by Downing S
READ STORY[PODCAST] EU Open Rundown 5th November 2018
Asian equity markets began the week with a negative tone following last Friday’s losses on Wall St after US-China trade hopes were tempered by pessimism from NEC’s Kudlow UK PM May secured private concessions from Brussels that will keep Britain in a customs union and avoid a hard bor
READ STORY[PODCAST] US Open Rundown 2nd November 2018
Main European indices are in the green, continuing the trend from Asia with material names outperforming due to trade progression between the US and China The Greenback is weaker vs all G10 counterparts, bar the JPY, which is still bucking the trend as an even safer currency haven Looking ahea
READ STORY[PODCAST] EU Open Rundown 2nd November 2018
Asian stocks are mostly higher and US equity futures recover Apple-inspired losses after reports that Trump has asked the cabinet to draft a potential China trade deal FT reports that the EU is floating a compromise with London on the Irish border backstop that would give the UK stronger guarante
READ STORY[PODCAST] US Open Rundown 1st November 2018
European equities trade mostly higher (Eurostoxx 50 +0.8%) after erasing initial losses as sentiment from Asian and Wall Street translated onto the region Cable dipped after a UK official said comments on the Times report on banks Brexit deal is "unsubstantiated" Dollar index is back
READ STORY[PODCAST] EU Open Rundown 1st November 2018
Asian equity markets traded mostly higher as the region sustained the positive momentum from Wall St. GBP supported by reports that UK PM May has reached a deal with Brussels on financial services More broadly in FX, DXY softened overnight and pulled back below the 97.00 level as its major cou
READ STORY[PODCAST] US Open Rundown 31st October 2018
European equities are higher across the board (Eurostoxx 50 +1.3%) as the region took impetus from the gains experienced in Asia and on Wall Street USD will likely garner a bulk of the focus in the FX space today with month-end flows and SOMA redemption which will have a net USD -22.9bln impact o
READ STORY[PODCAST] EU Open Rundown 31st October 2018
Asian equity markets traded positive as the region sustained the momentum from Wall St where all majors finished with firms gains The USD took a breather from recent gains with the DXY flat around the 97.00 level after it hit the highest since June last year amid the continued rout in EUR/USD and
READ STORY[PODCAST] US Open Rundown 30th October 2018
Major European bourses are mixed with the SMI (+0.5%) outperforming peers Greenback remains relatively evenly split vs G10 counterparts with its Dollar peers still outperforming and preventing the index from staging a more concerted attempt to test recent peaks Looking ahead, highlights includ
READ STORY[PODCAST] EU Open Rundown 30th October 2018
Asian equity markets were mostly higher as the region aggressively shrugged-off the weak lead from Wall Street. In FX markets, the DXY held near the prior day’s best levels despite attempts by its major counterparts to nurse recent losses. Looking ahead, highlights include German state,
READ STORY[PODCAST] US Open Rundown 29th October 2018
European equities are kicking off the week on the front-foot, despite the downbeat tone in Asia, Eurostoxx up 1.0% EURUSD has been whippy between 1.1360-1.1415 trading parameters amidst reports that German Chancellor Merkel will not stand for re-election as CDU head after serving out the current
READ STORY[PODCAST] EU Open Rundown 29th October 2018
Asian equity markets began the week mixed as the region’s attempts to pick itself up following last week’s stock rout. FX markets were quiet as the DXY held steady near the 96.50 level and with its major counterparts also uneventful. Looking ahead, highlights include UK mortgage le
READ STORY[PODCAST] US Open Rundown 26th October 2018
European stocks are negative across the board in a continuation of the sell-off experienced in Asia overnight; Pre-market: Amazon -10.2%. Alphabet -5.9% DXY trades marginally firmer, extending on gains seen yesterday which pushed the index back above 96.50 Looking ahead, highlights includ
READ STORY[PODCAST] EU Open Rundown 26th October 2018
Asian stocks were broadly negative as early attempts to nurse the prior day’s sell-off and replicate the rebound seen on Wall St, were thwarted Brexit talks are on hold as UK PM May's team cannot agree a way forward on how to proceed with negotiations, according to sources FX markets
READ STORY[PODCAST] US Open Rundown 25th October 2018
European equities mostly higher (Eurostoxx 50 +0.9%) despite the mass sell-off experienced overnight in Asia European markets await updates from the ECB and how they currently judge risks to the Eurozone economy Looking ahead, highlights include ECB, and CBRT rate decisions, US durable goods,
READ STORY[PODCAST] EU Open Rundown 25th October 2018
Asia-Pac bourses saw hefty selling as the stock market bloodbath rolled over from US where the S&P 500 and DJIA turned negative YTD UK PM May is to instigate a full-scale no-deal Brexit planning in 3 weeks with a raft of legislation to prepare the UK for a potentially chaotic departure Ove
READ STORY[PODCAST] US Open Rundown 24th October 2018
Major European indices are mostly higher, albeit off levels seen at the cash open. US equity futures extended losses in excess of 0.5% DXY is benefiting from the demise of most major rivals, as overall risk sentiment wobbles again after signs of a revival on Tuesday and overnight Looking ahead
READ STORY[PODCAST] EU Open Rundown 24th October 2018
Asian equity markets eventually traded mostly higher on what was a turbulent session, following the dramatic rebound on Wall St FX markets were predominantly uneventful due to a lack of tier-1 data and catalysts which kept the DXY stuck in close proximity to the 96.00 level UK PM May is to app
READ STORY[PODCAST] US Open Rundown 23rd October 2018
All major European indices are drowning in a sea of red as the soured sentiment continues from Asia JPY outperforms on safe-haven grounds, with USD/JPY retreating towards 112.25 Looking ahead, highlights include Richmond Fed, Fed Discount Minutes, APIs, BoE’s Carney, Fed’s Kashkari
READ STORY[PODCAST] EU Open Rundown 23rd October 2018
Asian equity markets were lower across the board following the uninspiring performance on Wall St where most major indices finished in the red UK PM May said she is not committed to extending the transition period but added it may be preferable to a backstop In FX markets, the DXY was relative
READ STORY[PODCAST] US Open Rundown 22nd October 2018
Major European indices are all in the green with Italian banks supporting the FTSE MIB EUR has been encouraged by Italy escaping a deeper rating cut by Moody’s to stay one rung above junk Looking ahead, today's calendar sees a lack of Tier 1 data ASIA Asian equity markets tra
READ STORY[PODCAST] EU Open Rundown 22nd October 2018
Asian equity markets traded mostly higher as a rally in Chinese stocks helped most regional bourses shrug-off the cautious open PM May is said to have been warned she will face a revolt by 40 Tory party rebels this week if she does not succumb to fresh demands by Brexiteers in the next 48 hours
READ STORY[PODCAST] US Open Rundown 19th October 2018
19th October 2018 Major European indices are mostly lower with Italian banks adversely affected by the EU Commission’s response to the Italian budget Dollar remains relatively well bid overall, albeit off best levels as the index straddles 96.000 Looking ahead, highlights include, Can
READ STORY[PODCAST] US Open Rundown 19th October 2018
19th October 2018 Major European indices are mostly lower with Italian banks adversely affected by the EU Commission’s response to the Italian budget Dollar remains relatively well bid overall, albeit off best levels as the index straddles 96.000 Looking ahead, highlights include, Can
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