The Premarket Movers & News by Newsquawk
Original insights into market moving news
Get the Daily Market Open in your inbox twice a day...
Week Ahead Preview - highlights include US PCE, Aus CPI, Riksbank
MON: US Building Permits (Feb), UK GDP (Q4).TUE: US Durable Goods (Feb), US Richmond Fed (Mar).WED: Riksbank Announcement (MPR), SARB Policy Decision; Australian CPI (Feb), Spanish Flash CPI (Mar), EZ Sentiment Survey (Mar).THU: BoJ SOO (Mar), Scandinavian Holiday (Holy Thursday); German Retail Sale
READ STORYUS Market Open: Equities modestly firmer, DXY lifted by broader G10 weakness and Bonds higher; ECB & Fed speak due
Equities are modestly firmer; European sports retailers are hit post-Nike earningsDollar bid, largely a factor of broader G10 weakness, Antipodeans underperform following the glum mood in China overnightBonds continue their dovish price action, and little changed following positive German IfoCrude i
READ STORYEurope Market Open: Mixed APAC trade as Wall St. momentum waned; Central Bank speak ahead
APAC stocks were ultimately mixed after momentum from the fresh record highs on Wall Street waned, Hang Seng and Shanghai Comp. suffered.DXY extends on gains above 104.00 after recent firm US data and pressure in Asia-Pac counterparts, USD/JPY traded indecisively.The latest Japanese CPI data was mos
READ STORYUS Market Open: Equities climb higher, AUD bid post-jobs data & Bonds benefit from EZ PMIs; US IJC due
Equities firmer in a continuation of the post-Fed rally; European bourses off best after EZ PMIsDollar stronger, AUD bid post-jobs data and CHF lower after SNB cut rates by 25bpsBonds higher taking impetus from the poor French PMI and dire accompanying German commentaryCrude pares initial gains, bas
READ STORYEurope Market Open: FOMC reaffirmed their 2024 cut projection; BoE, SNB & PMIs ahead
Fed kept rates unchanged and reaffirmed its 2024 three rate cuts projection, 2025 and 2026 FFR forecast raised.Powell noted that January/February CPI and PCE data was quite high, but there are reasons to believe there were seasonal factors at play.APAC stocks were mostly underpinned after the fresh
READ STORYUS Market Open: Equities softer, DXY firmer benefiting from a weaker Yen, Bonds bullish post-UK CPI; FOMC due
European equities are mostly lower, with the CAC 40 dragged down by Luxury names after Kering issued a profit warning; US equity futures modestly softerDXY firmer, taking impetus from the weaker Yen; USD/JPY above 151.70Bonds hold a bullish bias following softer UK CPI, as attention turns to the FOM
READ STORYEurope Market Open: Cautious trade into the FOMC; Kering issued a profit warning
APAC stocks traded cautiously and mostly rangebound ahead of the FOMC and with Japanese markets closed.European equity futures indicate a lower open with the Euro Stoxx 50 future -0.4% after the cash market closed up 0.5% on Tuesday.In the luxury sector, Kering has warned of a 20% plunge in Q1
READ STORYUS Market Open: Equities mixed, Dollar bid & JPY lower post-BoJ hike; US 20yr supply due
European bourses are mixed; US equity futures are lower, RTY underperformsBoJ carried out a widely telegraphed and dovish exit from NIRP, YCC and ETF/J-REIT buying; RBA U/C, dovish tweak to guidanceDollar is firmer and trades around 104.00, JPY underperforms post-BoJ, AUD pressured post-RBABonds inc
READ STORYEurope Market Open: BoJ undertook a dovish exit from NIRP, RBA unch.; USD/JPY back above 150.00
APAC stocks traded mixed as markets digested the first of this week's central bank announcements.BoJ carried out a widely telegraphed and dovish exit from NIRP, YCC and ETF/J-REIT buying.RBA kept rates unchanged whilst providing a dovish tweak to its guidance on rates.JPY and AUD lag peers post-rate
READ STORYUS Market Open: Equities firmer amid the constructive risk tone, JPY softer and Crude bid as geopols remains in focus
Equities are in the green amid a constructive risk tone; Nvidia gains pre-market ahead of its GTCDollar is flat, JPY is modestly softer and back on a 149 handle ahead of BoJ on TuesdayBonds are incrementally weaker, though with price action containedCrude is firmer following constructive Chinese act
READ STORYEurope Market Open: China data beat exp., DXY rangebound into a blockbuster week
APAC stocks were somewhat mixed as participants brace for this week's busy slate of central bank announcements.China released better-than-expected Industrial Production and Retail Sales data.European equity futures indicate a positive open with the Euro Stoxx 50 future +0.2% after the cash market cl
READ STORYWeek Ahead March 18-22nd - Highlights include: FOMC, BoJ, RBA, BoE, SNB, China activity data, PBoC LPR & Nvidia GTC
Week Ahead, March 18-22ndMON: Chinese Retail Sales (Feb), EZ Final CPI (Feb)TUE: BoJ Announcement, RBA Announcement; German ZEW Survey (Mar), Canadian CPI (Feb)WED: FOMC Announcement, PBoC LPR, BCB Announcement, CNB Announcement, BoI Announcement, Japan Market Holiday (Vernal Equinox Day); UK CPI (F
READ STORYUS Market Open: Equities are firmer, JPY unreactive to RENGO and crude off best levels; UoM due
Equities are mostly modestly firmer; Adobe lower in the pre-market after soft guidanceDollar is flat, RENGO wage hike fails to lift the YenBonds are contained at post-PPI lows and Gilts continue to underperformCrude pulls back from best levels whilst copper holds at multi-month highsLooking ahead, U
READ STORYEurope Market Open: RENGO announcement due imminently, APAC stocks declined post-PPI/Retail Sales
APAC stocks declined amid data-related headwinds from the US including hot PPI and weak Retail Sales.Markets await the RENGO wage announcement and its potential ramifications for next week's BoJ policy announcement.European equity futures indicate a contained open with the Euro Stoxx 50 future
READ STORYUS Market Open: Equities firmer & Dollar flat ahead of Tier 1 US data and ECB speak, Crude at session highs
Equities are mostly firmer with slight outperformance in the NQ, paring some of the prior days lossesDollar is contained and G10s are mostly flat with slight strength seen in the NZD & GBPBonds hold a bearish tilt, continuing price action seen in the prior few days; Bunds caught a slight bid fol
READ STORYEurope Market Open: BoJ decision seen to be dependent on wage numbers; APAC mixed
APAC stocks were mixed after the indecisive performance stateside amid light catalysts and tech weakness.European equity futures indicate a flat open with the Euro Stoxx 50 future unchanged after the cash market closed up 0.4% on Wednesday.BoJ decision is seen coming down to the results of Japan's a
READ STORYUS Market Open: Equities mixed, JPY lower and Gilts unreactive to the UK's GDP; ECB speak due
European bourses are modestly firmer, whilst US equity futures are mixed with slight underperformance in the NQDollar is incrementally higher and the JPY continues to underperformBonds are mixed with Gilts paring back Tuesday’s gainsCrude is firmer and near session highs, base metals are mixed but w
READ STORYEurope Market Open: Japanese firms wage agreements & Chinese developer concerns in focus
APAC stocks traded mixed as early momentum from the tech-led gains on Wall St was offset by Chinese developer default concerns.Toyota, Nissan, Panasonic, Hitachi & Nippon Steel were among the companies that have responded to Japanese unions' wage hike demands in full.European equity futures indi
READ STORYUS Market Open: Equities mostly firmer, JPY lags post-Ueda and Gilts bid after the UK's jobs report; US CPI due
European bourses are modestly firmer, whilst US equity futures are mixed; the NQ narrowly outperforms led by tech optimism post Oracle resultsDollar is flat, JPY underperforms post-Ueda and the Pound lags after softer-than-expected jobs dataBonds are modestly firmer, taking the lead from Gilt outper
READ STORYEurope Market Open: BoJ's Ueda refrained from anything overly hawkish; US CPI due
APAC stocks traded mixed following the tentative mood stateside and as participants await US CPI data.BoJ Governor Ueda refrained from any overly hawkish rhetoric and noted weakness in consumption of non-durable goods.European equity futures indicate a higher open with the Euro Stoxx 50 future +0.6%
READ STORYUS Market Open: Tech weakness weighs on European indices, JPY bid post-GDP & Bonds contained
European equities are lower, dragged down by losses in the semi-conductors; US equity futures are mixedDollar is flat, JPY continues its recent advances, helped by the regions GDP figuresBonds are contained within relatively tight ranges; ECB’s Kazimir sparked a modest hawkish reactionCrude is modes
READ STORYEurope Market Open: Chinese CPI & Japanese GDP highlighted a downbeat APAC session
APAC stocks traded with a downbeat mood with most major indices pressured after Friday's tech-led declines in the US.Japan's revised Q4 GDP data missed expectations but showed the economy averted a technical recession.Chinese inflation data showed a return to acceleration in consumer prices; CPI YY
READ STORYWeek Ahead 11-15th March: Highlights include US CPI and Retail Sales, Japan Rengo 1st tally, UK GDP and Labour Market Report
Week Ahead 11-15th MarchSAT: Chinese Inflation (Feb)SUN: Japanese GDP (R)MON: Eurogroup Meeting; Norwegian CPI (Feb)TUE: NBH Announcement, EIA STEO, OPEC OMR; UK Labour Market Report (Jan/Feb), US CPI (Feb)WED: UK GDP (Jan)THU: IEA OMR; Swedish CPIF (Feb), US PPI (Feb) and Retail Sales (Feb)FRI: Qua
READ STORYUS Market Open: Equities are mixed & Dollar flat ahead of US NFP; JPY bid on BoJ sources & EUR slips amid ECB speak
European equities are mixed, with trade fairly rangebound ahead of the US NFP reportDollar is flat, JPY is bid post-BoJ sources and EUR is hampered by dovish ECB rhetoricBonds are bid, with EGBs lifted by dovish ECB speak and ahead of the US NFPCrude gives back earlier gains; XAU sits at highsLookin
READ STORYEurope Market Open: APAC benefited from Wall St. strength, NFP ahead
APAC stocks took impetus from the fresh record levels on Wall Street amid dovish tailwinds, Nikkei gained despite the recent JPY strength.DXY languished beneath 103.00, EUR/USD lingered around 1.0950, USD/JPY tested yesterday's lows, and Antipodeans remained afloat.Fed Chair Powell suggested they ar
READ STORY