The Premarket Movers & News by Newsquawk

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

Italian Economy Minister tries to tame budget excesses ahead of key meeting BTPs firm but off peaks as Di Maio maintains citizens income demands Looking ahead, highlight include, US services PMI, US ADP, ISM non-mfg, Fed’s Barkin, Harker, Bullard, Brainard and Mester ASIA Asian s

Italy are said to seek cuts in their 2021 and 2020 deficit/GDP ratio to 2.0% and 2.2% respectively from 2.4% EUR immediately caught a bid as the reports signal a potential compromise from Italy. Asian stocks traded choppy following a mixed lead from Wall St. Looking ahead, highlights include E

BTP yields hit 4 year highs and FTSE MIB underperforms after Borghi suggests Italy would be better off without the EUR GBP the G10 laggard after poor PMI’s and negative Brexit commentary via the Tory conference Looking ahead highlights include, US APIs and potential comments from BoE&rsq

Asian stocks traded mostly lower as the upbeat sentiment from the USMCA deal seen on Wall St. faded away UK PM May is preparing to limit Britain's ability to strike free-trade deals after Brexit in a significant concession to the EU aimed at breaking the deadlock in negotiations The RBA st

US-Canada-Mexico agreed to new NAFTA named the USMCA; CAD and MXN the major outperformers in FX FTSE MIB the outperforming bourse as Italy sees some reprieve Looking ahead, highlights include, US mfg PMIs, US construction spending, ISM mfg PMI, Fed’s Bostic, Kashkari, Rosengren, BoE&rsqu

US and Canada said in an official statement that they have reached a trade deal with Mexico in an agreement dubbed the USMCA (US-Mexico-Canada Agreement) Asian stocks traded mixed following a rather uneventful lead from Wall St. on Friday. Hong Kong and Mainland China closed due to public holiday

Italian budget fallout continues, with BTP yields above 3.15%, FTSE MIB Bank Index down over 5%, and EUR underperforming GBP undermined by benign UK GDP and more Brexit-related weakness in business investment Looking ahead, highlights include US personal income, core PCE price index, Canadian

Asian stocks traded mostly higher following a spur in risk-appetite and an upbeat lead on Wall St The Italian government has reached agreement on 2.4% deficit to GDP target for 2019 Looking ahead, highlights include German jobs, UK GDP, EZ CPI, US personal income, core PCE price index, Canadia