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US Market Open: US equity futures modestly firmer, JPY bid amid suspected intervention, Bonds benefit from Spanish/German CPIs
European bourses were initially firmer, though have since dipped lower; US futures remain modestly in the greenDollar is softer amid hefty USD/JPY selling; the pair rose to 160.00 before sharp downticks with intervention suspectedBonds are firmer benefiting from dovish Spanish/German inflation metri
READ STORYEurope Market Open: USD/JPY breached 160.00 before paring back to near 155.00
APAC stocks began the week on the front foot after the tech-led surge last Friday on Wall St; Japan was on holiday.European equity futures indicate a positive open with the Euro Stoxx 50 future +0.4% after the cash market closed up 1.4% on Friday.USD/JPY saw volatile trade in which it initially surg
READ STORYWeek Ahead Preview: Highlights include FOMC, NFP, ISM, and PMI data
MON: Spanish Flash CPI (Apr), German Prelim CPI (Apr), EZ Sentiment Survey (Apr); Japan Market Holiday (Showa Day).TUE: FOMC Meeting Commences (Announcement on 1st May), Japanese Retail Sales/Industrial Output (Mar), Chinese NBS PMIs (Apr), Chinese Caixin Manufacturing Final PMI (Apr), French Flash
READ STORYUS Market Open: Strong Big Tech earnings prop up equities, JPY lower post-BoJ & Dollar flat ahead of US PCE
Equities are firmer, benefiting from strong Big Tech earnings; Google (+11.7%), Microsoft (+3.6%)Dollar is flat, USD/JPY moved lower in quick succession before paring back, Aussie outperforms given the risk tone and higher metal pricesBonds are modestly firmer, though very much contained ahead of US
READ STORYEurope Market Open: APAC stocks were mostly higher as the region digested recent market themes and the BoJ's dovish policy announcement.
APAC stocks were mostly higher as the region digested recent market themes and the BoJ policy announcement.The BoJ kept policy settings unchanged and refrained from any major hawkish surprises.Tech earnings from Alphabet (+11.5%) and Microsoft (+4.3%) topped forecasts and boosted futures after-
READ STORYUS Market Open: NQ dragged lower by Meta (-13%) post-earnings, DXY softer & Antipodeans benefit from metals prices
European bourses are mostly lower, US equities are mixed, with the NQ underperforming after Meta (-13.1%) resultsDollar is lower, Antipodeans benefit from higher metals prices, JPY is softer holding above 155.50 against the USDBonds are rangebound awaiting impetus from Tier 1 data later todayCrude i
READ STORYEurope Market Open: APAC stocks were mostly subdued after the uninspiring handover from the US; Meta shares dropped over 15% post-earnings
APAC stocks were mostly subdued after the uninspiring handover from the US; Australia and New Zealand markets were closed for ANZAC Day.US equity futures were pressured with underperformance in Nasdaq 100 after Meta shares dropped over 15% post-earnings.European equity futures indicate a slightly so
READ STORYUS Market Open: NQ outperforms, benefiting from gains in TSLA, USD firmer & AUD bid post-CPI, Bonds at lows
European bourses are mostly firmer; NQ outperforms, propped up by gains in Tech names – TSLA +10.5% pre-market, TXN +7.3%Dollar is firmer, AUD benefits from the risk tone and on hotter Aussie CPI, USD/JPY printed a high of 154.96USTs are pressured, giving back some of the PMI-induced gains; Bunds fo
READ STORYEurope Market Open: APAC stocks gained as the region took impetus from the rally on Wall St; European equity futures indicate a higher open
APAC stocks gained as the region took impetus from the rally on Wall St where soft PMI data spurred a dovish reaction across asset classes.Tesla shares were up 13% post-earnings despite its results falling short of estimates as the Co. flagged a sooner launch of new and more affordable models.DXY ho
READ STORYUS Market Open: US equity futures tentative ahead of a busy earnings slate, Bonds flat but were pressured post EZ PMIs, XAU dips; US PMIs due
European equities are entirely in the green; US equity futures trade modestly on either side of the unchanged mark.Dollar is slightly softer, EUR incrementally firmer post-EZ PMI; USD/JPY hits multi-decade highs once again.USTs initially remained in overnight ranges but succumbed to modest selling p
READ STORYEurope Market Open: APAC stocks traded with a mild positive bias after the tech-led rebound stateside; Flash PMIs ahead
APAC stocks traded with a mild positive bias after the tech-led rebound stateside.European equity futures indicate a higher open with the Euro Stoxx 50 future +0.5% after the cash market closed up 0.4% on Friday.DXY is holding above the 106 mark, EUR/USD lingers around 1.0650 and USD/JPY sits near i
READ STORYUS Market Open: Equities firmer and Antipodeans benefit from the positive risk appetite, Crude softer but off worst levels; ECB's Lagarde due
European bourses trade mixed; Stateside futures are entirely in the green; US “Big 6” downgraded at UBSDollar is flat, Antipodeans benefit from positive risk appetite, whilst safe-havens are modestly sufferBonds are pressured and contained within a tight rangeCrude is subdued given the lack of geopo
READ STORYEurope Market Open: APAC stocks were mostly positive following the lack of any major geopolitical escalations over the weekend.
APAC stocks were mostly positive following the lack of any major geopolitical escalations over the weekend.China's benchmark Loan Prime Rates were maintained at their current levels, as expected.European equity futures indicate a higher open with the Euro Stoxx 50 future +0.4% after the cash market
READ STORYWeek Ahead 22nd-26th April: Highlights include US PCE & GDP, BoJ, PMI data
Week Ahead 22nd-26th April:SAT: Bitcoin Halving Event (estimate)MON: PBoC LPR, US National Activity Index (Mar), South Korean PPI Growth (Mar)TUE: EZ/UK/US Flash Manufacturing PMI (Apr), US Richmond Fed (Apr), NBH Announcement, New Zealand Trade Balance (Mar)WED: Australian CPI (Mar), Bank of Indone
READ STORYUS Market Open: Sentiment hit after Israel strikes Iran, though has pared as Iran downplays the attacks; Crude now lower
Equities are entirely in the red, though well off worst levels following geopolitical events overnightIsrael conducted an operation against Iran which an Iranian official said was on a military airbase near Isfahan. However, Iran's Press TV later denied reports of a foreign attack in Iranian cities
READ STORYEurope Market Open: Geopols dominated as Israel struck Iran though Iran denied a foreign attack
APAC stocks were lower across the board as the initial tech-related selling stemming from Wall St was exacerbated by reports of explosions in Iran following an Israeli operation although stocks are off today's worst levels as Iran downplayed and later denied the attack.Israel conducted an operation
READ STORYUS Market Open: Contained trade in equities & FX, TSMC earnings strong and Crude at lows following Israel/Iran reports; US IJC due
Equities mostly, but modestly firmer; TSMC beat Q1 expectations, though lower in the pre-marketDollar slightly lower, G10’s generally flat/firmer with newsflow lightBonds bid, continuing the upside seen following Wednesday’s auctionCrude is at lows, pressured by Israel/Iran reports; XAU edges higher
READ STORYEurope Market Open: Wall St. headwinds gradually passed with APAC firmer; numerous earnings ahead
APAC stocks traded mostly higher after gradually shrugging off headwinds from Wall Street. US equity futures recovered some of their recent losses as the mood in Asia gradually improved, albeit with price action contained. European equity futures indicate a flat open with the Euro Stoxx 50 futu
READ STORYUS Market Open: Equities at session highs, Dollar softer & Gilts pare initial post-CPI weakness; Central Bank speak due
Equities are in the green, except for the AEX, which is weighed on by poor ASML results; Luxury bellwether LVMH gains post-earningsDollar is lower though still above 106.00, Antipodeans outperform and GBP benefits post-CPIUSTs incrementally firmer, Gilts gapped lower following hotter-than-expected C
READ STORYEurope Market Open: Mixed equity action post Fed speak, DXY bid; no Israel decision yet
APAC stocks traded mixed as the region picked up the pieces from the prior day's heavy selling but with the recovery limited.Fed Chair Powell said the Fed can maintain the current rate for as long as needed if higher inflation persists.European equity futures indicate a positive open with the Euro S
READ STORYUS Market Open: Negative risk sentiment with equities softer, AUD also hampered by mixed Chinese data, geopols remains in focus for crude; Fed speak due
Equities are entirely in the red, continuing the negative price action seen in the prior sessionDXY holds around 106.30, Antipodeans suffer from the broader risk tone and mixed Chinese dataBonds are pressured, and Bunds more-so after German ZEW while Gilts gapped lower on wage numbersCrude is off be
READ STORYEurope Market Open: Sentiment hit as markets await a Israel response; mixed China data factored
The S&P 500 posted its largest two-day decline in more than a year with the index down 2.6% since Friday.APAC stocks were lower amid concerns related to a potential 'imminent' response by Israel against Iran, while markets also digested mixed data from China.Better-than-expected Chinese GDP for
READ STORYUS Market Open: Equities firmer, JPY soft and AUD benefits from metals strength whilst crude sinks; US Retail Sales due
Equities are firmer though with the FTSE 100 lagging, hampered by broader weakness in the crude complexDollar flat, AUD benefits from metals strength and JPY lagsBonds pressured in a continuation of recent price action, Bunds looking to test 132.00Crude lower after the Iran attacks were mostly nulli
READ STORYEurope Market Open: Geopolitics intensified & APAC digested China data; earnings & speakers ahead
APAC stocks mostly declined as participants reflected on the geopolitical events over the weekend and disappointing Chinese trade data.Iran launched its first direct attack on Israel which was largely intercepted with very little damage caused.European equity futures indicate a marginally higher ope
READ STORYWeek Ahead 15-19th April: Highlights include US and UK retail sales, UK, NZ, Canada and Japan inflation, China activity data and PBoC MLF
Week Ahead 15-19th AprilMON: PBoC MLF, Swiss PPI (Mar), EZ Industrial Production (Feb), US Retail Sales (Mar), South Korea Import/Export Price Growth (Mar)TUE: Chinese GDP (Q1)/Industrial Production (Mar)/Retail Sales (Mar), UK Jobs Report (Mar/Feb), German ZEW Survey (Apr), US Building Permits (Mar
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