The Premarket Movers & News by Newsquawk

MON: Eurogroup Meeting, Norwegian CPI (Feb), EZ Sentix Index (Mar), Japanese GDP (Q4)TUE: EIA STEOWED: 25% US tariff on all imports of steel and aluminium comes into effect, BoC Announcement, ECB Wage Tracker, OPEC MOMR, US CPI (Feb)THU: IEA OMR, EU-South Africa summit, Swedish CPIF (Feb), EZ Indust

European indices lower whilst US futures are modestly higher ahead of US NFP.USD misery continues as DXY dips to 103.60 as EUR's rally extends into Friday's trade.Bunds bounce off worst but remain over 300 ticks lower WTD, USTs await Payrolls & Powell.Crude firmer with gas inflating on damaged U

US President Trump signed amendments to the Canada & Mexico tariffs; however, this failed to lift risk sentimentFed's Waller says he does not see the case for a March cut and the median view of two 2025 cuts "remains reasonable"; Bostic said they need to be patientUS futures attempted to re

European bourses are mostly lower, Autos benefit following tariff reprieve; US futures in the red with NQ underperforming.DXY remains on the backfoot, EUR underpinned by stimulus hopes as attention turns to ECB.Bunds continue to slump on the latest fiscal reports pre-ECB, USTs await data.Crude attem

APAC stocks traded mixed albeit with a predominantly positive bias after the constructive handover from Wall St.White House said they will give a one-month exemption on any autos coming through USMCA.US President Trump is reportedly considering agricultural carve-outs for Mexico and Canada tariffs,

Sentiment lifted after the US Commerce Secretary suggested Trump could potentially reduce tariffs on Canada and Mexico, perhaps as soon as Wednesday.European bourses at session highs; DAX 40 +3% outperforms; US equity futures broadly higher with the RTY +1.2%.EUR surges on German spending

US futures gained after the Wall St. close as Lutnick suggested Trump could potentially reduce tariffs on Canada and Mexico, perhaps as soon as Wednesday.APAC mixed but with strength in China after data and the Official Growth Report which maintained a growth target of around 5% and p

Canada said it will impose retaliatory tariffs on US imports from Tuesday. China announced additional tariffs of up to 15% on some US goods from March 10th.European bourses hit as the region reacts to the latest Trump tariffs; US futures modestly lower.USD remains on the backfoot, EUR digests defenc

White House said Trump proceeded with tariffs on imports from Canada and Mexico; reports also noted the extra 10% duty on Chinese goods took effect.Canada said it will impose retaliatory tariffs on US imports from Tuesday. China announced additional tariffs of up to 15% on some US goods from Ma

European indices at session highs, Defence stocks roar on EU spending talks. US futures also gain, with the RTY outperforming.USD is on the backfoot as tariff deadline looms; EUR benefits from hotter-than-expected EZ HICP.Bonds are weighed on by developments around geopols/defence, currently at sess

APAC stocks saw a rebound from Friday's Asian session sell-off; participants digested better-than-expected Chinese PMI data.US Commerce Secretary Lutnick said there will be tariffs on Canada and Mexico on Tuesday but Trump will decide at what levels.China is studying countermeasures in response to t

MON: Chinese Caixin Manufacturing PMI (Feb), EZ/UK/US Final Manufacturing PMI (Feb), EZ Flash CPI (Feb), US ISM Manufacturing.TUE: Tariff deadline, President Trump State of Union, EZ Unemployment Rate (Jan), RBA Minutes.WED: China Two-Sessions, Australian GDP (Q4), Chinese Caixin Services PMI (Feb),

European bourses are in the red, but with sentiment off lows; ES/NQ gain ahead of US PCE.USD remains underpinned by trade angst; Antipodeans lag given the risk-tone.Bonds bid after Trump's latest on tariffs & tech pressure, though benchmarks are off highs.Commodities lower on month end and ahead

US President Trump clarified that there will be a 10+10 tariff on China for a total of 20% additional tariffs and that the proposed tariffs on Canada and Mexico are scheduled to go into effect on March 4th.US stocks closed notably in the red with the Nasdaq 100 (-2.8%) the clear laggard as the Techn

NVIDIA +1.1% in US pre-market after headline beats whilst Q1 gross margins are seen easing.European bourses on the backfoot with sentiment hit in Europe amid Trump’s EU tariff threats; US futures gain.Pick-up in US yields provides reprieve for USD, USD/JPY eyes a test of 150.Crude trims recent losse

APAC stocks followed suit to the mixed performance stateside for most of the session after tariff-related confusion and NVIDIA's earnings.US equity futures eked slight gains in predominantly uneventful trade but were indecisive and immediately fluctuated post-NVIDIA (-1.5% aftermarket) earnings desp

European bourses gain and currently reside at highs; US futures also stronger with NQ outperforming ahead of key NVIDIA results.DXY attempts to claw back recent losses, EUR/USD lingers around 1.05.USTs are off lows but remain in the red while EGBs inch higher.Crude choppy, gas subdued, but metals ho

APAC stocks traded mixed as a tech rally in China offset the weak handover from Wall St where the Nasdaq led the declines once again.US Commerce Secretary Lutnick said they will investigate the possible imposition of tariffs to rebuild the US copper industry.European equity futures indicate a positi

European bourses are mostly firmer after opening entirely in the red following a negative APAC handover; though US futures remain in the red.DXY is a touch lower, EUR/USD stuck on a 1.04 handle, Antipodeans lag.Diverging performance with USTs higher whilst Bunds are lower awaiting coalition and/or s

APAC stocks traded lower following the weak handover from the US where the tech sector led the declines.US President Trump said they are on time with tariffs and tariffs are going forward; also reportedly looking to tighten chip controls on China.EU and UK are to discuss a Europe-wide defe

European bourses mostly firmer with clear outperformance in the DAX 40 after CDU/CSU wins the German election; US futures gain.EUR firmer post-German election, but off best levels, USD mixed vs. peers.Two-way action in Bunds as Merz secures the Chancellery but a blocking minority exists, Gilts await

APAC stocks began the week mixed after last Friday's sell-off on Wall St and amid holiday-quietened trade with Japanese markets closed for the Emperor's Birthday, while participants also reflected on the results from Sunday's German election.DAX futures rallied by 1%, Bund futures marginally softene

SUN: German National ElectionMON: Bank of Israel Announcement, German Ifo (Feb), EZ HICP Final (Jan)TUE: PBoC MLF, NBH Announcement, BoK Announcement, German GDP Detailed (Q4), US CaseShiller (Dec), US Richmond Fed (Feb)WED: Australian CPI (Jan)THU: ECB Minutes, Spanish Flash CPI (Feb), Swiss GDP (Q

European bourses are mostly higher after paring initial pressure following dire French PMIs; US futures are modestly mixed.DXY attempts to recoup lost ground, EUR weighed on by PMIs, JPY hit by Ueda remarks.BoJ Governor Ueda said if markets make abnormal moves, the BoJ stands ready to respond nimbly

APAC stocks traded mostly higher albeit with mixed price action seen following the subdued handover from Wall St where stocks declined amid geopolitical uncertainty, disappointing data and weak Walmart guidance, while participants in the region digested earnings releases and central bank commentary.