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US Market Open: ASML earnings hit the Tech-heavy NQ, DXY slips as JPY surges & GBP breaches 1.30
European equities almost entirely in the red with sentiment hit following ASML earnings; results which has led to significant NQ weaknessDollar is weaker and slips to 103.70, carry trade unwinding seen with significant strength in JPY & CHF, GBP climbs past 1.30Fixed complex is rangebound, with
READ STORYEurope Market Open: China trade frictions and tariff threats clouded APAC trade, UK CPI due
APAC stocks were mixed despite the positive handover from Wall St, while China trade frictions and tariff threats clouded over Asia-Pac sentiment.NZD/USD was ultimately boosted despite the softer-than-expected New Zealand CPI data for Q2 as the attention turned to the 5.4% surge in non-tradeable con
READ STORYUS Market Open: RTY continues to outperform, DXY flat & Crude at lows ahead of US Retail Sales
European equities are entirely in the red; US futures gain, and with clear outperformance in the RTYUSD gains vs NZD, AUD & JPY, EUR/USD reclaims 1.09 and USD/JPY holds around 158.40Bonds are higher following Fed Chair Powell's comments and with yields unwinding some of their Trump-induced steep
READ STORYEurope Market Open: Fed Chair Powell acknowledged more inflation progress
APAC stocks were mixed amid a quiet calendar and after the choppy but positive performance stateside.Fed Chair Powell acknowledged more inflation progress and that recent inflation readings added confidence in inflation falling.European equity futures indicate a softer open with Euro Stoxx 50 future
READ STORYUS Market Open: Initial strength in the USD sparked by the Trump assassination attempt fades, RTY outperforms & BTC > 62K
European bourses are mostly lower, but sentiment has improved in recent trade; Burberry -15% and Swatch -10% both warn on China weakness; US equity futures gainDollar is subdued but still holds just above 104.00, EUR/USD at 1.09 & the Kiwi lagsBonds were initially subdued in reaction to the assa
READ STORYEurope Market Open: Mixed trade as participants digested data & the Trump assassination attempt
APAC stocks traded mixed as participants reflected on the Trump assassination attempt over the weekend and a slew of Chinese data.Chinese GDP and Retail Sales missed forecasts, while House Prices further deteriorated but Industrial Production topped estimates.European equity futures indicate a
READ STORYWeek Ahead 15th-19th July: Highlights include US & UK Retail Sales, Japan, NZ, UK and Canada inflation, and the ECB Policy Announcement
Week Ahead 15th-19th July:MON: Republican Convention, Holiday: Japanese Marine Day, Eurogroup Meeting, Eurogroup Informal meeting of Energy Ministers; Chinese GDP (Q2), Industrial Output/Retail Sales (Jun), Swiss PPI (Jun), US NY Fed Manufacturing (Jul), EZ Industrial Production (Jun); China's Third
READ STORYUS Market Open: RTY continues to outperform, Dollar is flat & Bonds slightly pare recent gains; US PPI due
European bourses are entirely in the green, US futures are mixed with the ES and NQ flat whilst the RTY continues to outperformDollar is flat having erased earlier gains, USD/JPY back below 160 after choppy trade overnightBonds are pressured giving back some of the post-CPI strengthCrude is firmer a
READ STORYEurope Market Open: Volatile USD/JPY action, DXY found slight reprieve; US bank earnings due
APAC stocks took their cues from the mixed performance stateside where softer-than-expected CPI data boosted Fed rate cut bets and spurred a stock rotation out of large-cap tech into small-cap cyclicals.DXY found some slight reprieve following yesterday's selling, USD/JPY swung between gains and los
READ STORYUS Market Open: European bourses advance, DXY slightly lower & USTs flat ahead of key US CPI; Fed's Bostic & Musalem due
European bourses are entirely in the green whilst US futures take a breather from the prior day’s advancesDollar is incrementally softer, GBP benefits from the region’s strong GDP metricsBonds are flat/lower, with Treasuries standing pat as focus remains on US CPI, Gilts marginally underperformCrude
READ STORYEurope Market Open: Another set of record highs stateside ahead of US CPI
APAC stocks took impetus from Wall St where the S&P 500 and Nasdaq rose to fresh record highs once again.European equity futures indicate a mildly positive open with Euro Stoxx 50 future +0.2% after the cash market closed up by 1.1% on Wednesday.DXY sits just below the 105 mark, antipodeans lead
READ STORYUS Market Open: Equities on a firmer footing alongside strength in Bonds, USD flat & NZD sinks post-RBNZ
Equities are entirely in the green and hold near session highsDollar is flat and just above 105, NZD underperforms after the RBNZ kept rates unchanged but language struck a less hawkish toneBonds are firmer ahead of US 10yr supply and another appearance from Chair PowellCrude was initially subdued f
READ STORYEurope Market Open: RBNZ unchanged with language less hawkish, DXY rangebound & APAC trade mixed
APAC stocks were mixed following the indecisive performance stateside where the major indices finished rangebound after Fed Chair Powell largely stuck to the script.DXY traded rangebound, USD/JPY continued its gradual upward trend, NZD was pressured after RBNZ, and CNY did not react to softer-than-e
READ STORYUS Market Open: US equity futures firmer, DXY flat & Crude subdued ahead of Fed Chair Powell's testimony
European equities are mostly lower, US futures are modestly in the green ahead of Fed Chair Powell’s testimonyDollar is flat and G10s are uneventful vs the Dollar, though the Kiwi lagsBonds are lower, with focus today on Fed Chair Powell and US 3yr supplyCrude is subdued and near session lows, XAU n
READ STORYEurope Market Open: US handover only partially sustained in APAC trade, Powell ahead
APAC stocks were mixed as the region only partially sustained the positive mood seen in the US where the S&P 500 and Nasdaq 100 extended on record highs.European equity futures indicate a lower open with Euro Stoxx 50 future -0.2% after the cash market closed down by 0.2% on Monday.DXY lingers a
READ STORYUS Market Open: European equities shrug off initial French-induced weakness, DXY flat & Crude at lows
European bourses are entirely in the green, paring initial losses as markets digest the fallout from the French second-round parliamentary electionFrench second-round election results pointed to a hung parliament in which the left-wing New Popular Front surprisingly won the most seats followed by Ma
READ STORYEurope Market Open: NFP surprisingly performed the best in another hung French parliament
APAC stocks were mostly lower as the region failed to resume the momentum from last Friday's dovish post-NFP reaction, while the weekend macro news flow was light aside from the French election results.EUR/USD was mildly pressured after the French second-round election results pointed to a hung parl
READ STORYWeek Ahead 7th-12th July: Highlights include US CPI, Powell testimony, BoJ bond meeting, RBNZ and US earnings
Week Ahead 7th-12th July:SUN: French Election (second round)MON: CNB Minutes (June), Eurogroup Informal meeting of Competitiveness Ministers; Japanese Overtime Pay (May), German Trade Data (May), EZ Sentix Index (July), BoI Announcement, US Employment TrendsTUE: BoJ Bond Meeting 9-10, EIA STEO; Aust
READ STORYUS Market Open: DXY slips as GBP & EUR lift, NFP looms
European bourses have been tilting higher with the region benefitting from the removal of some political risk in the UK, Germany & FranceStateside, futures pivoting the unchanged mark into PayrollsFX has seen a slightly softer start for the USD, weighed on by EUR & GBP; USD/JPY slips to near
READ STORYEurope Market Open: UK's Labour Party secured a majority, US NFP looms
APAC stocks traded somewhat mixed in the absence of a lead from the US owing to the Independence Day holiday. There was also a lack of fireworks from the UK election exit polls, with the latest results showing that the Labour Party has won a majority as expected. DXY briefly dipped under
READ STORYEurope Market Open: APAC followed suit to the Wall St. gains into Independence Day
APAC stocks traded mostly higher as the region followed suit to the gains on Wall Street where the S&P 500 and the Nasdaq notched fresh record closes once again heading into US Independence Day.Fed Minutes stated that most saw the current policy stance as restrictive and several participants sai
READ STORYUS Market Open: Europe bolstered by the Wall St. handover heading into a frontloaded US docket
European bourses are higher across the board as the region catches up to the Wall St. handover and continues generally strong APAC performanceDXY under pressure and holding near the 105.59 low with peers generally firmer as the USD continues to feel the weight of Powell's remarks and looks to the me
READ STORYEurope Market Open: Wall St. record closes bolstered APAC trade into a packed session
APAC stocks mostly took impetus from the gains on Wall St where the S&P 500 and Nasdaq posted record closes.European equity futures indicate a firmer open with Euro Stoxx 50 future +0.5% after the cash market closed lower by 0.5% on Tuesday.DXY remains sub-106, EUR/USD has pivoted around the 1.0
READ STORYUS Market Open: Equities pressured, DXY & USTs firmer into Chair Powell
European bourses pressured despite a lack of fresh drivers with US futures softer ahead of Chair PowellDXY firmer and above 106.00, USD/JPY hit another peak of 161.75, EUR unreactive to HICPEGBs slipped incrementally on sticky super-core EZ HICP but remain near the unchanged mark overall, USTs sligh
READ STORYEurope Market Open: Mixed APAC trade with yields influencing, Fed's Powell & ECB's Lagarde due
APAC stocks were ultimately mixed amid the backdrop of rising global yields and recent soft US data.European equity futures indicate a slightly lower open with Euro Stoxx 50 future -0.2% after the cash market closed higher by 0.7% on Monday.DXY is steady and just below the 106 mark, USD/JPY printed
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