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RANsquawk EU Open Rundown 23.11.17
FOMC minutes stated that concerns about inflation were widely shared with little else in the way of new information A mixed tone was observed in Asia with the region indecisive amid holiday-quietened trade, in which Japan observed a national holiday Looking ahead, highlights include Eurozone PMIs,
READ STORYRANsquawk EU Open Rundown 22.11.17
Asia equity markets were higher across the board as the regional bourses received a lift from their US counterparts Crude prices bolstered by the latest API report which showed a larger than expected drawdown and the largest draw in 3 months Looking ahead, highlights include the UK budget, US dura
READ STORYRANsquawk Preview: UK Budget due 22nd November at 1230GMT/0630CST
UK Chancellor Hammond not expected to announce a wave of ‘give-aways’ due to future post-Brexit uncertainty OBR expected to downgrade productivity and growth projections, upgrade inflation projections Gilt issuance is anticipated to fall to GBP 113.4bln (as surveyed by Reuters) against the DMO’s A
READ STORYRANsquawk EU Open Rundown 21.11.17
Asian equity markets were higher across the board as the region took the impetus from the mostly positive close on Wall St UK press reports suggest that Johnson and Gove now agree that Britain should increase its Brexit divorce bill offer above GBP 20bln Looking ahead, highlights include US existi
READ STORYRANsquawk EU Open Rundown 20.11.17
Political uncertainty from subpoenas on Trump campaign staff and a breakdown in German coalition talks hampered sentiment overnight EUR took the brunt of the political concerns in Germany with EUR/USD retreating further below 1.1800, while EUR/GBP gave up the 0.8900 handle Looking ahead, highlight
READ STORYRANsquawk EU Open Rundown 17.11.17
USD dips following WSJ reports suggesting that US Special Counsel Mueller has issued a Subpoena for Russia-related documents from Trump campaign officials. Asian equities pulled back from better levels amid reports that North Korea conducts aggressive work on construction of a ballistic missile sub
READ STORYRANsquawk EU Open Rundown 16.11.17
DAILY EUROPEAN OPENING NEWS: A modest uptick in US stock index futures helped the Nikkei 225 stem some of its recent losses, with financials and retailers leading the way A modest uptick in US stock index futures helped the Nikkei 225 stem some of its recent losses, with financials and retailers le
READ STORYRANsquawk EU Open Rundown 14.11.17
Reports suggest that UK Brexit Secretary Davis told business leaders that there is a 50-50 Chance of a deal in December The AUD benefitted from a record NAB Business Conditions print in the latest survey which saw the currency pare some of its losses vs. the USD Looking ahead, highlights include G
READ STORYRANsquawk EU Open Rundown 13.11.17
Asian indices were mixed, with no fresh catalyst for a decisive move GBP was the underperformer in the major space as source pieces suggested as many as 40 MP’s are pressuring UK PM May to resign Today’s main highlight is potential comments from ECB’s ConstancioASIA-PACUS index futures edged highe
READ STORYRANsquawk Week In Focus: US CPI & UK Data Steal The Limelight
Key Events: - Monday: Tuesday: UK Inflation Data (Oct) Japanese GDP (Q2, P) Wednesday: US CPI (Oct) US Retail Sales (Oct) UK Labour Market Report (Sep/Oct) Thursday: UK Retail Sales (Oct) Australian Labour Ma
READ STORYRANsquawk EU Open Rundown 10.11.17
Asian equities are set to close out the week in the red with risk sentiment dented by US tax doubts AUD slipped post the RBA’s SOMP (Statement On Monetary Policy), in which the central bank cut their inflation outlook Looking ahead, highlights include UK production numbers, Uni. Of MichiganASIAAsi
READ STORYRANsquawk EU Open Rundown 09.11.17
9th November 2017 Risk on sentiment had been in full swing in Asia as stocks continued to edge higher at the beginning of the session, before later paring initial advances NZD at better levels after the RBNZ monetary policy decision, where the central bank kept the OCR at 1.75% as expected Lookin
READ STORYRBNZ Monetary Policy Decision Preview - November 2017
RBNZ OCR Review and Monetary Policy Statement due on Wednesday 8th November 2017 at 2000 GMT, 1400 CT The RBNZ is likely to leave its Official Cash Rate unchanged at 1.75% Uncertainty is rife following the recent General Election, which saw a new coalition come in to power As a result, few expect
READ STORYRANsquawk EU Open Rundown 08.11.17
Asian equities traded mixed with profit taking initially dragging down major bourses, while the rally in commodities ran out of steam USD/JPY marginally lower amid the slight slip in US yields. Antipodean currencies performed a tad better against the greenback Looking ahead, highlights include DoE
READ STORYRANsquawk EU Open Rundown 07.11.17
Asian bourses traded higher across the board amid a positive Wall St close with energy names leading the charge RBA stood pat on rates as expected. RBNZ act looks to maximise employment as a goal Looking ahead, highlights include US APIs, ECB’s Draghi, Lautenschlaeger and Fed’s YellenASIAAsian bou
READ STORYRANsquawk EU Open Rundown 06.11.17
Asian bourses begin the week on the backfoot, while oil prices rise on Saudi Royal Purge USD/JPY rises to highest level since March as Trump criticises Japan’s trade practises with the US, alongside BoJ jawboning Looking ahead, highlights include Eurozone PMI, comments from ECB’s Praet and Mersch
READ STORYRANsquawk EU Open Rundown 03.11.17
Asian equities saw little in the way of firm direction overnight amid light newsflow and Japan away from market AUD was the main mover in FX markets during Asia-Pac hours with AUD/USD slipping below 0.77 following soft retail sales Looking ahead, highlights include US NFP, ISM Non-Manufacturing, E
READ STORYRANsquawk EU Open Rundown 02.11.17
FOMC held rates between 1.00%-1.25%, as expected. FOMC stated that activity is rising at a "solid rate" despite hurricanes USD weakened across the board after reports that Trump intends to pick Powell as the next Fed Chair Looking ahead, highlights include Eurozone Mfg. PMIs, UK Construction PMI,
READ STORYPREVIEW: BoE November Rate Decision, Minutes Release & Quarterly Inflation Report (QIR)
1200GMT/0700CDT, Press Conference at 1230GMT/0730CDT Current BoE Base Rate: 0.25%, Asset Purchase Facility: GBP 435bln. The MPC is expected to raise its base rate by 25bps to 0.5% with markets believing that recent data is enough to support calls for lift-off. This meeting sees the release of the
READ STORYRANsquawk EU Open Rundown 1.11.17
Asian equity markets began November mostly on the front-foot led by the Nikkei 225 (+1.95%) as exporters benefited from a weaker JPY NZD outperformed after better than expected Employment Change and decline in the Unemployment Rate Looking ahead, highlights include UK Manufacturing PMI, ADP employ
READ STORYFOMC November 2017 Monetary Policy Decision Preview
FOMC Monetary Policy Decision Preview Due On 1st November 2017 At 18:00 GMT, 1400 EDT, 1300 CDT Fed Chair announcement set to overshadow FOMC meeting. All of those surveyed expected the FOMC to leave its monetary policy settings unchanged this time out. Markets are almost fully pricing in a 25bps
READ STORYRANsquawk EU Open Rundown 31.10.17
BoJ maintained QQE with Yield Curve Control and kept NIRP unchanged at -0.1% as expected A cautious tone persisted in Asia as the region digested softer than expected Chinese PMI data and a dampened lead from the US Looking ahead, highlights include Eurozone GDP, APIs. German equities closed for R
READ STORYRANsquawk EU Open Rundown 30.10.17
Asian equity markets were slightly mixed amid a deluge of earnings and with the region tentative at the start of a risk-packed week The greenback pared some of the gains from Friday’s strong US GDP numbers which marginally benefitted its counterparts Looking ahead, highlights include regional Germ
READ STORYRANsquawk Weekly G10 Central Bank Monitor: Fed Chair news to overshadow FOMC meet, BOE may hike for the first time in a decade
FED: Fed chair announcement to overshadow FOMC meetingECB: Draghi pulls-off magic actBOE: MPC to hike for the first time in a decadeBOJ: Policy meeting likely to be a snooze festBOC: Cautious BOC enters data-dependent modeRBA: Cyclical upswing still missingRBNZ: Labour market data to do little to sw
READ STORYWeek In Focus: Will Carney Become A More Reliable Boyfriend? FOMC Expected To Stand Pat With NFP’s Set To Bounce Back From The Hurricanes
Key Events: - Monday: Tuesday: Eurozone CPI (Oct, P), Eurozone GDP (Q3, P) Wednesday: Federal Reserve MonPol Decision, New Zealand Labour Market Report (Q3) Thursday: BoE MonPol Decision Friday: US Labour Market Report (Oct) Canadian
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