The Premarket Movers & News by Newsquawk

US stocks sold off in the wake of the disappointing US ISM Manufacturing PMI data which sparked a flight to quality; APAC followed suit with hefty losses in the region.Post-earnings, Apple (AAPL) rose 0.6%, Amazon (AMZN) fell 6.9%, and Intel (INTC) tumbled 18.9%; US equity futures remained on the ba

European bourses are lower across the board with a packed earnings slate dictating, stateside futures mixed post-FOMC and ahead of AAPL & AMZN; META +6%USD supported by pressure in GBP ahead of a potential BoE cut with EUR at lows as sentiment in the region deteriorates.Gilts lead fixed income p

FOMC kept rates unchanged at 5.25-5.50%, as expected, while it stated that inflation remains 'somewhat elevated' and the committee is attentive to the risks to both sides of its dual mandate. Fed Chair Powell said if the Fed sees inflation move down with expectations, growth remains reasonably

BoJ hiked and announced changes to its bond purchases; during but mainly post-Ueda marked JPY appreciation occurred with USD/JPY as low as 150.07Stocks in Europe opened mostly firmer as the optimism from Asia-Pac reverberated into Europe; US futures bid pre-FOMC; MSFT -3%, AMD +9%DXY lower on accoun

APAC stocks gained heading into month-end as participants digested a slew of data releases and the BoJ policy decision.BoJ hiked rates by 15bps and is to taper monthly bond purchases by JPY 400bln per quarter.Chinese manufacturing PMI remained in contractionary territory, core Australian CPI measure

A mostly firmer start to the session, Euro Stoxx 50 +0.5%, with sentiment on a better footing than APAC counterparts as earnings take the spotlight ahead of this week's risk events.Stateside, a modest positive bias remains in play into JOLTS and then earnings which include MSFT, AMD, MRK, PFE &

APAC stocks were mostly pressured following the mixed performance stateside as this week's major risk events drew closer.European equity futures indicate a rangebound open with Euro Stoxx 50 futures up 0.1% after the cash market finished with losses of 1.0% on Monday.DXY was directionless overnight,

A positive start for European bourses, following the APAC handover, quickly shifted into a more mixed picture as the broader risk tone became increasingly tepidUSD now broadly firmer vs. peers after a sluggish start to the session, GBP and EUR underpressure while JPY pares initial strengthFixed benc

APAC stocks traded mostly higher as the region resumed the momentum following last Friday's gains on Wall St.Israeli PM Netanyahu said Hezbollah will pay heavily for a rocket attack that killed children in the Golan Heights.European equity futures indicate a positive open with Euro Stoxx 50 futures

29th July-2nd August 2024MON: Chinese Industrial Profit (Jun)TUE: Japanese Unemployment Rate (Jun), Australian Building Approvals (Jun), Spanish Flash CPI (Jul), Swiss KoF (Jul), German GDP (Q2), Prelim. CPI (Jul), EZ Consumer Confidence Final (Jul), US JOLTS (Jun)WED: FOMC Announcement, BoJ Announc

European bourses are mostly higher as sentiment improves after the prior day’s hefty selling pressure; US futures entirely in the green, with clear outperformance in the RTYDollar is flat ahead of today’s US PCE, safe havens lag whilst the Antipodeans gain in a slight reversal from price action this

APAC stocks were mostly higher as risk sentiment in Asia improved with markets finding some composure following the recent sell-off and with some encouragement from stronger-than-expected US GDP data.Morgan Stanley commented to institutional clients on Thursday that computer-driven macro hedge fund

European bourses are entirely in the red after a slew of poor earnings; US equity futures are mixed and currently taking a breather from the prior day’s hefty lossesDollar is weaker vs safe haven currencies, whilst the high beta Antipodeans continue to lagBonds benefit from the risk-averse mood, Bun

APAC stocks were negative following the sell-off on Wall St where the S&P 500 and Nasdaq suffered their worst declines since late-2022.The PBoC surprised markets with a 20bps reduction to the 1yr MLF rate.European equity futures indicate a lower open with Euro Stoxx 50 futures down 0.5

Equities are entirely in the red, hampered by significant post-earning weakness in key companies; LVMH -3.5%, Google -3.2%, Tesla -7.4%Dollar is flat, safe haven pairs outperform, USD/JPY around 154.50, Antipodeans lagUSTs are flat, Bunds initially propped up on dire German/EZ PMI releases but are n

APAC stocks were mostly rangebound with a negative bias seen following the lacklustre handover from Wall Street after risk appetite was dampened by underwhelming earnings results.Alphabet (GOOG), Tesla (TSLA), and Visa (V) fell 2.2%, 7.8%, and 3.3% respectively post-earnings, whilst CAC futures slip

European bourses are mostly higher whilst US futures are mixed, with underperformance in the NQ following poor NXP (-9%) earnings.Dollar is softer vs the JPY but firmer vs other peers, USD/JPY as low as 155.83.USTs are caged within a tight range, Bunds are slightly firmer and surpasses 132.00 whilst

APAC stocks were mixed and only partially sustained the momentum from the tech-led rebound on Wall St.US VP Harris's campaign secured enough delegates to attain the Democratic Presidential nomination.European equity futures indicate a mildly higher open with Euro Stoxx 50 futures up 0.2% after the c

European equities are entirely in the green and reside near session highs; US futures are modestly firmer with slight outperformance in the NQ.US President Biden has dropped out of the Presidential race and endorsed VP Harris.Dollar is flat, JPY outperforms after catching a bid in early European tra

US President Biden has dropped out of the Presidential race and endorsed VP HarrisPBoC surprised markets by cutting its 7-day reverse repo rate by 10bpsAPAC stocks mostly began the week on the back foot after last Friday's selling pressure on Wall StEuropean equity futures indicate a higher ope

Week Ahead 22nd-26th July:MON: PBoC LPRTUE: NBH Policy Announcement; US Existing Home Sales (Jun), Richmond Fed (Jul), EZ Consumer Confidence Flash (Jul)WED: BoC Policy Announcement & MPR; Japanese Flash PMIs (Jul), German GfK (Aug), EZ, UK & US Flash PMIs (Jul)THU: CBR Announcement, CBRT An

Equities are entirely in the red, with sentiment hit amid ongoing worldwide IT outages, sparked by CrowdStrike (-14%) updates, which have impacted Microsoft (-2.2%) and Nvidia (-1%) services.Dollar is firmer, G10s are mostly lower, with slight underperformance in the Antipodeans given the risk tone,

APAC stocks mostly followed suit to the losses on Wall St where sentiment was dampened and the Trump trade was seen in play as President Biden's re-election chances dwindled further.Chinese senior party official for economic affairs said China's economic recovery is not strong enough and needs to im

European equities are choppy, Tech is lower in Europe and fails to benefit from strong TSMC earnings & guidance, but has helped to lift the NQDollar is firmer, AUD benefits on the region’s jobs data, GBP back below 1.30 post-wagesBonds are pressured ahead of the ECB; Bunds saw two-way action aro

APAC stocks followed suit to the tech rout stateside owing to the recent rotation play, concerns of China tech curbs and tariff fears.European equity futures indicate a slightly softer open with Euro Stoxx 50 futures down 0.1% after the cash market finished lower by 1.1% on Wednesday.DXY remains on