The Premarket Movers & News by Newsquawk

Asian equities saw a lack of firm direction overnight after a mixed close on Wall Street which saw the DJIA post its 4th consecutive lossFed Chair Yellen reiterated that a gradual approach to rate hikes is appropriate but also warned of moving too graduallyLooking ahead, highlights include US durabl

Asian equities traded with little in the way of firm direction as equity markets sspanugged off mounting geopolitical tensionsNZD extended on post-election losses with disappointing domestic data adding to the woes for the Antipodean currencyLooking ahead, highlights include US new home sales, APIs,

This weekend saw elections in Germany and New Zealand whereby the incumbents both claimed victory but failed to secure a majorityThis subsequently hampered NZD and to a lesser extent EUR with both main parties now eyeing coalition talksLooking ahead, highlights include German IFO, and a slew of cent

Key Events: -   Monday: UK-EU Brexit Talks Commence   Tuesday:   Wednesday: UK GDP (Q2, F)   Thursday: RBNZ MonPol Decision, US GDP (Q2, F)   Friday: US PCE Price Data (Aug), Eurozone Inflation (Sep, P), Canadian GDP (Jul)   Politic

On 24th September German voters will take to the polls to elect representatives to the 19th Bundestag. Polling stations will close at 1700BST, after which the first exit polls will be published. Once members have been elected, a Chancellor will then be appointed by an absolute majority; leading the

DAILY EUROPEAN OPENING NEWS: Asian equities faced selling pressure overnight amid tspaneats of further hydrogen bomb tests from North KoreaAsian equities faced selling pressure overnight amid tspaneats of further hydrogen bomb tests from North KoreaThe risk-off sentiment spurred flows into JPY. Focu

The Organisation of the Petroleum Exporting Countries (OPEC) has capped its joint output at 32.5mln bpd since 1st January 2017, representing a 1.2mln bpd reduction from the October 2016 (chosen benchmark) levels (except for Angola for which September 2016 is used). Some non-OPEC producers also joine

FOMC announced plan to begin balance sheet normalization as anticipated, and suggested increased prospects of a 3rd rate hike for 2017The USD strengthened and yields rose after the decision as markets have to reprice expectations of hikesLooking ahead, highlights include weekly jobs data, Philly Fed

Asian equities and FX traded with little in the way of firm direction overnight as markets await today’s FOMC policy announcementUK PM May intends to make a EUR 20bln Brexit payment offer to the EU, according to the FTLooking ahead, highlights include UK retail sales, DoEs and the FOMC announcement

Asian equity markets traded with a cautious tone as the FOMC draws closer and after the region failed to maintain the early impetus from USFX trade was relatively tentative overnight. GBP/USD nursed yesterday’s Carney-inspired losses while CAD was hampered by comments from BoC’s LaneLooking ahead, h

Asian equities traded higher (Japan away from market) following a strong close in the US on FridayIn FX, USD/JPY and JPY-crosses extended on last week’s upside as the positive risk sentiment spurred further outflows from the safe-haven JPYLooking ahead, highlights include Eurozone CPI, ECB’s Lautens

WEEK IN FOCUS: Fed & BoJ Set To Convene, With Eyes On German & NZ Elections   Key Events: -   Monday:   Tuesday: RBA Meeting Minutes   Wednesday: FOMC Monetary Policy Decision, UK Retail Sales (Aug)   Thursday: BoJ MonPol Decision, New

Asia equity markets traded mostly negative after North Korea launched a missile that flew tspanough Japanese airspaceThis prompted Japan to issue an emergency warning for its residents and South Korea conducted its own missile test as a show of readinessLooking ahead, highlight include the Russian r

- MPC voted 7-2 in favour of keeping rates unchanged at 0.25%, as widely expected- MPC voted 9-0 in favour of maintaining the stock of corporate and government bond purchases.- Rhetoric was on the hawkish side, which was ultimately the driver of markets in the wake of the decision.- A Reuters weight

The Swiss National Bank left its 3-month Libor target band unchanged at -1.25% to -0.25%, with the sight deposit rate left at -0.75%, in line with the universal consensus.The Full SNB statement is available here.All eyes were on the SNB’s rhetoric surrounding the CHF. The central bank tweaked its co

Asian equities traded with little firm direction as markets awaited key data releases and central bank announcementsAUD was once again a key focus in FX markets as gains from the Australian jobs report were trimmed by disappointing Chinese dataLooking ahead, highlights include SNB and BoE rate decis

Asian equities traded with little direction as the positive momentum from Wall Street was offset by weakness in Apple suppliersThe greenback remained subdued to the benefit of its major counterparts while AUD/USD put in a mixed performanceLooking ahead, highlights include UK jobs report, US PPI, DoE

Asian bourses traded mostly higher once again with JPY weakness boosting Japanese exportersIn politics, UK Parliament passed the Brexit Bill and Norway’s ruling centre-right government won re-electionLooking ahead, highlights include UK CPI, potential comments from ECB’s Constancio and a US 10yr Auc

Asian equities were lifted after North Korea refrained from conducting a missile test over the weekendThe heightened risk appetite triggered outflows from safe-haven currencies JPY and CHF, in which USD/JPY rose firmly above 108.00Looking ahead, highlights include potential comments from ECB’s Coeur

Key Events: - Monday:Tuesday: UK Inflation Data (Aug)Wednesday: UK Labour Market Report (Jul/Aug)Thursday: Bank Of England Decision, SNB Decision, US CPI (Aug), Australian Labour Report (Aug), UK Retail Sales (Aug)Friday: Early sentiment is likely to be dictated by weekend events centring on North K

Asian equities saw little in the way of firm direction as the region digested Chinese trade and Japanese GDPUSD woes persisted overnight as Asia-Pac currencies took a swipe at the greenback which saw AUD/USD break above 0.8100Looking ahead, highlights include UK industrial and manufacturing output,

The European Central Bank left its monetary policy settings unchanged as expected. The main refinancing rate stands at 0.00%, while the deposit and marginal lending facility rates stand at -0.40% and 0.25% respectively. The pace of QE was confirmed at EUR 60bln per month and is scheduled to run unti

Asian equities traded with little in the way of firm direction despite the positive Wall St. close after congress agreed to raise the debt ceilingAUD/USD was once again a key focus for markets as initial gains were trimmed by disappointing dataLooking ahead, highlights include Riksbank & ECB rate de

All rates and the current pace of asset purchases are expected to be left unchanged Staff will update macroeconomic projections; impact of EUR likely to weigh on inflation outlook Key focus for press conference will be on recent EUR strength and possible QE exit Click here for a link to an overvi

The BoC defied the bulk of economists today, as it hiked its benchmark overnight rate by 25bps to 1.00%, the second consecutive meeting where the BoC has delivered such a move. Only 6 of the 33 surveyed in the latest Reuters Poll expected the BoC to tighten policy today while interest rate markets w