The Premarket Movers & News by Newsquawk

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

Asian equity markets were mostly lower following a resumption of the tech-led losses on Wall St In FX markets, the greenback remained firm in which the DXY eyed the 96.00 level to the upside as it sustained the post-FOMC minutes support EU Commission told Italy in a letter that its 2019 budget

European equities are mixed as the region failed to benefit from a slew of earnings Dollar index has failed to extend recovery gains beyond near term technical resistance around 95.790 and has drifted back towards 95.500 Looking ahead, highlights include, Philly Fed, Fed’s Bullard, Fed&r

Asian equity markets were downbeat following a lacklustre lead from Wall St where momentum in US stocks stalled as markets focused on mixed earnings and the FOMC minutes USD remained firmer overnight after the FOMC minutes stated that further gradual rate hikes would be consistent with a sustaine

Major European bourses are mixed with Germany’s DAX underperforming; European auto sector lower is by over a percent Softer than forecast UK CPI has undermined Sterling in the run up to Wednesday’s EU summit on Brexit and pre-dinner speech by PM May Looking ahead, highlights includ

Asia-Pac equity markets were higher across the board as the region got a tailwind from the earnings-fuelled momentum in the US The FX space was quiet overnight amid a lack of tier-1 data and as currency markets consolidated from the prior day’s price action EU is open to extending Brexit

ASIA Asian equity markets partially shrugged-off the tech-led losses on Wall St and traded mostly higher as focus shifted on earnings updates. ASX 200 (+0.6%) was led by mining names after the recent strength in gold prices and with Rio Tinto shares supported following its Q3 production update in

Asian equity markets partially shrugged-off the tech-led losses on Wall St and traded mostly higher as focus shifted on earnings updates In FX markets, most major pairs were quiet as the DXY consolidated following yesterday’s pressure in which it just about held above 95.00 European Coun

Cautious start to trade this week as Trump hints at further Chinese tariffs. An unproductive Brexit weekend with negotiations paused until Wednesday’s summit, with some reports of no deal implementation plans beginning. Looking ahead, highlights include US retail sales and NY Fed manufac

Asian equity markets resumed last week’s stock rout as the region failed to take impetus from Friday’s rebound on Wall St UK and EU negotiators called for a pause in discussions until Wednesday's summit outcome after UK PM May refused to endorse a draft Brexit deal negotiated by o

USD/TRY below 6 but choppy awaiting Pastor Brunson’s Constitutional Court appeal verdict Cable also volatile ahead of next week’s key Brexit summit, with big issues still to be resolved European equites tentative ahead of key US bank earnings Looking ahead, other highlights incl

Asian equities traded mixed as the bourses attempted to mount a recovery following the downbeat lead from Wall St. BBC's Laura Kuenssberg reported that no real progress was made at yesterday’s cabinet meeting, but discussions will continue Turkish officials expect the court to releas

European stocks taking the lead from US and Asia with significant losses; Stoxx 600 at lowest in 20 months Mixed reports on an all-UK agreed backstop, with sources suggesting PM May is to ask her cabinet for approval today Looking ahead, highlights include, US CPI, US weekly jobs and DoEs A

Asian stocks drowned in a sea of red following the battered lead from Wall St. after the Dow and S&P notched their biggest one-day drop since early February Traders cited concerns over prospective earnings (luxury stocks hit yesterday), ongoing trade worries, higher yield environment, whilst

Latest reports suggesting progress towards a Brexit deal support a GDP-flippant GBP European indices largely in the red as focus remains on Italy amidst more budget parliamentary testimonies Looking ahead, highlights include, US PPI, Wholesale Inventories, APIs, Fed’s Evans and Bostic

Asia-Pacific equities traded mixed as the region mimicked the lead from Wall St. where the S&P notched its fourth day of losses while the Nasdaq snapped its three-day losing streak EU and the UK have made progress in Brexit talks, divorce terms could be settled by Monday, according to reports

Tria’s Parliamentary budget testimony fails to support BTP’s after suggestion of Italian budget watchdog rejection US-China Trade talks on hold unless Xi does not produce a list of concessions as according to US officials Looking ahead, highlights include, Fed’s Kaplan, ECB&r

Asia-Pacific stocks traded mixed as the region followed a similar picture painted on Wall St FX markets were choppy as the greenback eased to print fresh intraday lows with EUR/USD and GBP/USD testing 1.1500 and 1.3100 to the upside FT reports, US Officials warned China that Trump will not eng

EUR, EU equities and BTPs hit as Italian budget targets seen as a “serious concern” for the European Commission China returns with a RRR cut, but can’t stop the rot for Chinese equities and the CNH Looking ahead the highlight is ECB’s Nowotny; NOTE: US Columbus Day is t

Asian stocks traded on the backfoot as the region mimicked the lead from Wall St. where the S&P 500 posted its worst week in nearly a month The Telegraph reports The EU is preparing to offer Theresa May a “supercharged” free trade deal this week but will reject Mrs May’s dem

Week In Focus; week commencing 8 October 2018 Sunday: Brazilian Election Monday: Chinese Caixin Services PMI, Eurozone Sentiment Index Tuesday: Japanese Current Account Wednesday: Australian GDP, US PPI, UK Monthly GDP, Production & Trade Balance Thursday: US CPI, Japanese PPI, EC

GBP gets a lift from EU sources stating a divorce deal is “very close” temporarily breaking 1.3050 to the upside BTP’s down by over a point as Italy cut GDP growth targets and Salvini maintains his anti-EU tone EU equities on the back foot as Italy, yields and US-China tensio

Asian equities trade mixed following a negative lead from the US with sentiment on Wall St. dampened by ongoing trade concerns and US yields FX markets were little changed overnight with the greenback remaining in a tight range ahead of NFP Italy's Finance Minister Tria is targeting GDP gr

US 10-year yields hit 4 year highs as markets react to a hawkish Powell Positive vibes from EU sources on the new Irish backstop proposal lifts Brexit spirits and the GBP Looking ahead, highlights include, weekly US jobs data, US factory orders, Banxico rate decision, Fed’s Quarles and E

Asia-Pac stocks traded mostly lower despite the positive lead from Wall St as the effects of rising rates spooked investors In FX markets, the greenback hit a one-month high following upbeat comments from Fed Chair Powell on the economy Italy's government agreed on a 2.4% deficit/GDP targe