The Premarket Movers & News by Newsquawk
Original insights into market moving news
Get the Daily Market Open in your inbox twice a day...
Europe Market Open: APAC markets kicked off the week in contained fashion with macro catalysts light
APAC stocks began the week mostly positive although gains were capped by the lack of fresh macro catalysts.PBoC announced a 25bps cut to China's benchmark LPRs, as expected.Israeli PM Netanyahu has said he is undeterred from his war aims following a reported drone attack on his private residence, vi
READ STORYNewsquawk Week Ahead: Highlights include PBoC LPR, BoC, EZ & UK PMI
MON: PBoC LPRTUE: NBH Announcement, IMF World Economic OutlookWED: BoC AnnouncementTHU: EZ/UK/US Flash PMIs (Oct)FRI: PBoC MLF (TBC), CBR Announcement, Japanese Tokyo CPI (Oct), German Ifo (Oct), US Durable Goods (Sep), US University of Michigan Final (Oct)PBOC LPR (MON): PBoC will announce the late
READ STORYUS Market Open: Chinese sentiment lifted overnight whilst European markets are tentative and choppy thus far
European bourses mixed/firmer given China tailwinds; NQ +0.5%, driven by NFLX +5%USD is broadly softer vs peers, GBP outperforms after Retail data, Antipodeans benefit from China data & PBoC musingsFixed benchmarks relatively contained, Gilts initially hit on data while EGBs & USTs attempt t
READ STORYEurope Market Open: Chinese sentiment lifted following comments from PBoC governor, earnings ahead
APAC stocks followed suit to the mixed performance stateside as the region digested further support measures from the PBoC and a slew of Chinese data including mixed Q3 GDP, better-than-expected activity data, and a further decline in House Prices.Chinese sentiment was eventually lifted after commen
READ STORYUS Market Open: Sentiment holds an upward bias ahead of US Retail Sales, Jobless Claims, and the ECB
European bourses trade mostly firmer but to varying degrees, with tech sentiment briefly lifted after strong TSMC results; US futures also gain.The dollar is flat, AUD benefits from the stronger-than-expected jobs data, whilst the Loonie underperforms.Bonds are on the backfoot and awaiting today’s k
READ STORYEurope Market Open: European futures lower ahead of ECB policy announcement and US data
APAC stocks were mostly in the green following the rebound of equity markets stateside.A press briefing by several Chinese government agencies and the PBoC failed to inspire a turnaround in the property sector.European equity futures are indicative of a softer cash open with the Euro Stoxx 50 future
READ STORYUS Market Open: Sentiment hit by poor tech and luxury earnings; Gilts fuelled by softer CPI
European bourses are mostly lower, with sentiment hit following poor LVMH/ASML results; the FTSE 100 leads after the region’s cooler-than-expected inflation metrics.Dollar is flat, GBP is the clear underperformer after headline/services inflation figures declined more than expected.Bonds continue to
READ STORYEurope Market Open: European futures pressured following ASML & LVMH, US bank updates due
APAC stocks were mixed with early declines seen post-losses on Wall Street following disappointing earnings updates from ASML and LVMH.Fed's Daly (2024 voter) said if forecasts are met, she sees one or two more rate cuts this year.European equity futures are indicative of a negative cash open with t
READ STORYUS Market Open: Crude slumps after constructive geopolitical updates, US earnings ahead
European equities are mostly lower, with energy/mining names underperforming; US futures are mixed, with slight underperformance in the NQ.Dollar is flat, JPY outperforms whilst the Antipodeans are modestly lower.Bonds are firmer, continuing the modest rebound seen in the prior session, but also der
READ STORYEurope Market Open: US tech rally drives all time highs, earnings ahead; Crude pressured by geopols
APAC stocks traded mixed as most major indices followed suit to the gains stateside where a tech rally led the S&P 500 and Dow to fresh all-time highs.Fed's Waller (Voter) said the Fed should proceed with more caution on rate cuts than was needed at the September meeting.European equity futures
READ STORYUS Market Open: DXY flat and crude underperforms following lack of stimulus details and soft data from China
European bourses are mixed, whilst US futures are incrementally firmer.Dollar is flat, Antipodeans underperform after poor Chinese data and the lack of stimulus details from China’s MoF.Bunds are firmer but with specifics light, USTs cash trade is closed on account of Columbus Day.Crude is in the re
READ STORYEurope Market Open: APAC gains capped by lack of details on China’s stimulus measures
APAC stocks were predominantly higher but with the upside initially capped amid the Japanese holiday closure, soft Chinese inflation and lack of China stimulus details.Upside became more pronounced as the session continued for mainland China, region still awaits trade data.DXY in a tight range, EUR
READ STORYNewsquawk Week Ahead - Highlights include: US retail sales, ECB, Aussie jobs, inflation data from China, Japan, New Zealand and Canada
SUN: Chinese InflationMON: OPEC MOMR, Chinese Trade Balance (Sep), Canada market holidayTUE: SARB Announcement, IEA OMR, UK Jobs Report (Aug/Sep), Swedish CPIF (Sep), German ZEW (Oct), Canadian CPI (Sep), New Zealand CPI (Q3)WED: Bank of Indonesia Announcement, UK Inflation (Sep)THU: ECB Announcemen
READ STORYUS Market Open: US futures modestly lower as traders await earnings season and Chinese MOF update
European equities trade tentatively on either side of the unchanged mark; US futures are very modestly lower.Dollar is slightly lower with G10s mixed/flat; GBP was unreactive to mixed GDP figures.USTs remain firmer following the strong US 30yr auction, Bunds dip with pressure sparked from unrevised
READ STORYEurope Market Open: Stocks tentative as traders await earnings season and the Chinese MOF update
Mixed APAC trade after hawkish Fed commentary and with the region awaiting the weekend's Chinese MOF update.European futures point to a slightly firmer open, US futures were bid but have since faded.DXY flat with peers mixed but rangebound, NZD outperforms while havens lag.Fixed benchmarks underpinn
READ STORYUS Market Open: US futures trade tentatively ahead of US CPI
European bourses are mostly lower and US futures trade tentatively ahead of US CPI.DXY is flat, JPY outperforms following hawkish BoJ Himino commentary.USTs are modestly lower potentially pressured by FOMC Minutes/30yr concession; Gilts lag after IFS analysis.Crude is firmer, XAU gains and holds com
READ STORYEurope Market Open: FOMC minutes showed some supported a 25bps cut; geopolitics and US CPI in focus
FOMC Minutes stated that some officials would have preferred a 25bps cut, though a substantial majority supported 50bpsBiden-Netanyahu call was positive; US does not yet know the timing of the strike against IranAPAC stocks traded higher, significant outperformance in Hong Kong on fresh PBoC support
READ STORYUS Market Open: Bourses choppy, while the Dollar, Crude and Bonds are firmer ahead of Fed minutes & speakers
European bourses are choppy and trading indecisively on either side of the unchanged mark, but the FTSE 100 outperforms; US futures are modestly lower.Dollar is firmer with G10s lower across the board to varying degrees; the Kiwi lags after the RBNZ delivered a widely expected 50bps cut and signalle
READ STORYEurope Market Open: Reports of a China finance briefing, ECB and Fed speakers ahead
APAC stocks traded mixed and initially took impetus from the positive performance on Wall St where the major indices were led higher amid a tech rally.China's Finance Ministry is to hold a press briefing on fiscal policy and economic development on October 12th at 10:00 local time (03:00BST/22:00EDT
READ STORYUS Market Open: US equity futures mixed, European bourses subdued as sentiment weakens post-NDRC announcement
European bourses are subdued across the board, with sentiment hampered after China’s disappointing NDRC press conference; US equity futures are mixed.Dollar is slightly lower, JPY is scaling back some recent losses whilst the Aussie is hampered by broader weakness in commodity prices.Bonds are flat,
READ STORYEurope Market Open: China's NDRC press conference met with disappointment, several Fed speakers due
APAC stocks were ultimately mixed after the negative lead from Wall St; China's NDRC press conference was met with disappointment.European equity futures are indicative of a negative cash open with the Euro Stoxx 50 future -0.8% after the cash market closed higher by 0.3% on Monday.DXY is steady on
READ STORYUS Market Open: Equities modestly lower, US 10-year yield climbs to highest since August 8th.
Equities are modestly lower across the board and unable to continue the post-NFP gains seen on Friday.Dollar is flat and attempting hold onto its recent gains, JPY firmer vs Dollar whilst the GBP narrowly underperforms.Bonds continue to extend on the post-NFP losses with the US 10yr yield now increm
READ STORYEurope Market Open: APAC stocks began on the front foot following last Friday's gains on Wall Street; eyes remain on geopolitics
APAC stocks began the week on the front foot following last Friday's gains on Wall St owing to the blockbuster jobs report.European equity futures are indicative of a positive cash open with Euro Stoxx 50 futures +0.3% after the cash market closed higher by 0.7% on Friday.DXY has held onto most of F
READ STORYNewsquawk Week Ahead: Highlights include US CPI, RBNZ, Minutes from FOMC, ECB and RBA, Canada jobs, and UK GDP
MON: Mainland China market holidayTUE: RBA Minutes, EIA STEOWED: RBNZ Announcement, RBI Announcement, Bank of Israel Announcement, German Trade Balance (Aug), FOMC MinutesTHU: ECB Minutes, Norwegian CPI (Sep), US CPI (Sep), French BudgetFRI: BoC Business Outlook Survey & Canadian Survey of Consu
READ STORYUS Market Open: EU approve additional EV tariff, traders cautious ahead of NFP report
European bourses are mixed whilst US equity futures trade tentatively on either side of the unchanged mark ahead of today’s US NFP report.Dollar is rangebound, GBP and JPY are attempting to claw back some of their recent losses.USTs are flat whilst Bunds slip extending on this week’s pressure; Gilts
READ STORY