The Premarket Movers & News by Newsquawk

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

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.