The Premarket Movers & News by Newsquawk

Asian equities benefited from the increased risk-appetite after all tspanee major US indices posted record highs following strong data FX price action centered around JPY, with USD/JPY and JPY-crosses lifted as the heightened risk appetite spurred outflows from the safe-haven currency Looking ahea

EXPECTATIONS:- The consensus looks for 185k nonfarm payrolls to be added to the US economy in May, compared to 211k added in April. That would be in line with the 185k/month pace seen in 2017 thus far.- The unemployment rate is forecast to hold steady at 4.40%, beneath the FOMC’s NAIRU projection be

Asian equities saw mixed performance with the Nikkei 225 supported by domestic data while soft Caixin PMI weighed on the Shanghai Comp. AUD underperformed due to soft Chinese data despite strong Australian numbers. Polls remain in focus for GBP Looking ahead, highlights include Eurozone and UK Mfg

The latest YouGov has projected the UK Conservative party to fall 16 seats short of an overall majority with 310 seats Asian equities traded relatively mixed as China returned to market and was greeted by encouraging PMI data Looking ahead, highlights include Eurozone CPI, Canadian GDP, Chicago PM

EUR saw pressure overnight amid reports Greece could opt out of their next payment if creditors fail to agree on debt relief Asian equities were relatively subdued overnight due to holiday-thinned trading conditions Looking ahead, highlights include German regional & national CPIs, US Personal

Asian equities saw an indecisive session amid holiday-thinned conditions while North Korea conducted another missile testFX markets were also relatively rangebound with the USD-index holding onto Friday’s gainsLooking ahead, highlights include ECB’s Draghi. UK and US markets closed.**Desk will shut

The early part of the week will see lower liquidity with the US and UK markets closed on Monday, and China away on both Monday and Tuesday.US: -While the market is almost certain that the FOMC will hike rates by 25bps at its mid-June meeting, Fed Funds Futures are still only implying a rate of aroun

Asian equities traded broadly softer with underperformance in the ASX amid OPEC-inspired softness in energy names GBP/USD trades softer as the Labour Party continues to gain ground on the Conservatives ahead of next month’s election Looking ahead, highlights include US Durable Goods, University of

FOMC Minutes saw USD and treasury yields back up after the FOMC thought it was prudent to wait for further evidence that recent weak data was transitory before hiking again The subsequent upside in US equities filtered tspanough to Asia-Pac trade while WTI and Brent crude saw mild gains ahead of OP

Key Points: -- The Federal Open Market Committee (FOMC) thought it was prudent to wait for further evidence that recent weak data was transitory before hiking again.- Officials said they expected weakness would pass and that it would “soon be appropriate” to raise rates if those expectations were me

Asian bourses traded mixed with downside in Chinese indices after Moody’s downgraded China’s Sovereign rating UK PM May said UK terror tspaneat level has been raised to critical from severe, which suggests a further attack could be imminent Looking ahead, highlights include US Building Permits, Ex

Asian equities traded with a mildly cautious tone amid reports of a terrorist incident in Manchester with macro newsflow otherwise light In FX, reports of the Manchester explosion triggered safe-haven flows into JPY with USD/JPY briefly falling below 111.00, while GBP/JPY was the notable underperfo

Asian equities traded mostly higher despite ongoing geopolitical concerns with outperformance in the ASX amid upside in energy and material names GBP/USD slipped back below 1.3000 as PM May’s lead in the latest YouGov poll narrowed Looking ahead, highlights include Fed’s Kashkari and HarkerASIAAsi

Asian equities traded with little in the way of firm direction amid light newsflow after US stocks posted a modest rebound from Wednesday’s losses GBP staged another ‘flash crash’ falling around 100 pips in 12 seconds during US hours amid no new fundamental news Looking ahead, highlights include C

Asian equities took the lead from their US counterparts whereby sentiment was hampered by the ongoing political tensions in Washington Subsequently, the USD-index continued to drift lower while chances of a June Fed hike begin to recede Looking ahead, highlights include UK retail sales, Philadelph

Asian equities traded with caution after US equity futures saw pressure following the latest developments in the FBI saga JPY strengthened as the cautious tone triggered flows into safe-haven assets which saw USD/JPY break firmly below 113.00 Looking ahead, highlights include the UK labour report,

Asian equities failed to benefit from the energy-inspired gains seen on Wall Street with the Nikkei 225 stopping just shy of 20,000 USD/JPY and JPY-crosses traded choppy with the early upside reversed, as sentiment soured and spurred flows into safe-haven JPY Looking ahead, highlights include UK i

Asian equities traded with no firm direction as the region digested mixed Chinese data and mounting geopolitical tensions In FX, JPY was supported by safe-haven flows while NZD was lifted by upbeat domestic retail sales Looking ahead, highlights include US NY Empire State Manufacturing Index and E

Overnight trade saw an overall lack of pertinent macro newsflow with Asian equities subsequently trading with little in the way of firm direction Similar price action was also observed in FX markets with GBP/USD unable to recoup yesterday’s BoE-inspired losses Looking ahead, highlights include US

NZD/USD fell over a point to 11-month lows as the RBNZ struck a more dovish than anticipated tone and remained in favour of accommodative policy Asian equities were kept afloat by upside in energy names in the wake of yesterday’s DoE report Looking ahead, highlights include UK Industrial and Manuf

Asian equities traded modestly higher, sspanugging off some of the North-Korean inspired geopolitical concerns seen late in the US session The USD-index pulled back from recent advances which provided some reprieve for its major counterparts and saw EUR/USD approach 1.0900 Looking ahead, highlight

Asian equities traded with little in the way of firm direction with macro newsflow particularly light overnight USD held onto yesterday’s gains as the USD-index remained above the 99.00 level while AUD underperformed amid downbeat domestic retail sales Looking ahead, highlights include US JOLTS, A

French Presidential Candidate Macron became the President Elect after he won the 2nd round run-off Asian equities traded mostly higher with outperformance in the Nikkei 225 as Japanese participants returned from holiday Looking ahead, highlights include potential comments from Fed’s Bullard and Me

The final round of the French election will set the tone early in the week. Centrist independent Emmanuel Macron and the far-right National Front’s leader Marine Le Pen face off, with the polls set to close at 20:00 CET on Sunday 7th May. Polls have hovered around a 60:40 split in favour of Macron f

Asia equity markets traded negative amid commodity weakness in which oil continued its sell-off, while the looming US NFP data also added to the subdued tone The greenback’s attempts to nurse recent losses were futile, with the USD-index contained below the 99.00 level. Looking ahead, highlights i