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US Market Open: Equities firmer along with DXY, JPY lags, EGB's climb post-auction; US IJC due
European bourses marginally extend gains alongside US Futures; outperformance in RTY as it pares back lossesDXY is firmer with slight underperformance in the Yen as it gives back yesterday's gainsEGBs climb after a stellar German auction and fresh fiscal reportsIndustrial commodities dip amid a flim
READ STORYEurope Market Open: Hamas-Israel pause confirmed, no reaction to Fed Mins; UK Autumn Statement due
APAC stocks traded mixed following the weak handover from the US where sentiment was dampened amid soft data and pre-Thanksgiving positioning.FOMC minutes stated the FOMC saw rates remaining restrictive for some time; the minutes were uneventful and had little effect on price action.Hamas confirmed
READ STORYUS Market Open: Equities trade with little direction, DXY lower, JPY & NZD bid; FOMC Minutes ahead
European bourses are mixed, waning off highs whilst US Futures trade with little directionBonds off best levels after having bounced following yesterday’s well-covered US supplyDollar remains weaker; whilst the Kiwi outperforms owning to encouraging NZ trade dataCrude trims Monday's gains while meta
READ STORYEurope Market Open: APAC stronger given the tech-led handover, USD/JPY below 148.00
APAC stocks traded mostly higher following the tech-led gains in the US where Microsoft shares climbed to a record high in otherwise quiet trade and with Chinese markets underpinned by property sector support.USD/JPY continued to trickle lower and breached the 148.00 level to the downside despite so
READ STORYUS Market Open: Equities tentative in catalyst-thin trade, DXY weaker & Yen bid; Fed's Barkin due
European bourses are near unchanged with specifics light but the DAX 40 & Healthcare lagging amid marked Bayer pressureStateside, futures are slightly firmer in-fitting with the APAC bias but with action contained into a holiday-thinned weekDXY pressured attempting to convincingly re-claim 103.5
READ STORYEurope Market Open: Constructive but relatively contained trade given a lack of fresh catalysts
APAC stocks were mostly positive albeit with gains capped amid the lack of fresh catalysts from over the weekend and as participants await this week’s key events including tomorrow's FOMC minutes release.DXY was pressured and trickled further beneath the 104.00 level amid gains in its major peers; P
READ STORYWeek Ahead 20-24th November: Highlights include PBoC LPR, FOMC Minutes, ECB Minutes, RBA Minutes, UK Autumn Statement, Japanese CPI and more
MON: PBoC LPR; German Producer Prices (Oct), New Zealand Trade Balance (Oct)TUE: FOMC Minutes (Nov), RBA Minutes (Nov), NBH Policy Announcement; UK PSNB (Oct), Canadian CPI (Oct)WED: UK Autumn Statement, Dutch Elections; US IJC (13 Nov w/e), Durable Goods (Oct), Uni. of Michigan Final (Nov), Austral
READ STORYUS Market Open: Equities bid, Bonds soar assisted by UK Retail Sales; JPY outperforms; Fed speak due
European equities soar with US futures bid but slightly more containedDXY is trending lower towards the 104.00 level, with outperformance in the Yen amid tighter yield differentialsBond bulls rampant, assisted by softer UK Retail Sales, with key yield levels in sightCrude attempts to nurse some loss
READ STORYEurope Market Open: Sentiment clouded after Thursday's marked crude selling & data; Lagarde due
APAC stocks traded mixed with sentiment clouded after the recent soft US data and tumble in oil prices.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.4% after the cash market closed -0.3% yesterday.DXY is contained within a tight range, EUR/USD oscillates arou
READ STORYUS Market Open: Equities incrementally weaker, Antipodeans underperform; Fed speak & WMT earning due
European bourses are incrementally weaker, whilst US futures teeter around the unchanged mark; DAX 40 outperforms post-SiemensDXY is slightly firmer with underperformance in the Antipodeans on fairly muted risk sentimentUSTs/EGBs back in the green after briefly retreating alongside downside in Gilts
READ STORYEurope Market Open: Recent data-driven momentum fizzled out; Biden-Xi meeting constructive
APAC stocks were mostly negative as the recent data-driven momentum eventually lost steam.US Senate voted to pass the stopgap funding bill to avert a government shutdown, as expected.European equity futures are indicative of a slightly softer open with the Euro Stoxx 50 -0.1% after the cash market c
READ STORYUS Market Open: Positive sentiment continues post-CPI, NZD bid & GBP lower; US Retails Sales due
European bourses & US futures continue to build on post-US CPI gains; FTSE 100 outperforms on softer-than-expected UK CPIDollar finds some reprieve whilst Kiwi outperforms underpinned by encouraging Chinese activity data & GBP underperformsInitial UK CPI-induced Gilt strength lost as core be
READ STORYEurope Market Open: Post-CPI trade continued with better-than-expected Chinese data assisting
APAC stocks followed suit to the global risk-on mood after softer-than-expected US CPI, while the region also digested better-than-expected Chinese activity data.US House voted 336-95 to pass a temporary spending bill that would avert a government shutdown; bill now goes to the Senate.European equit
READ STORYUS Market Open: Overall sentiment tentative ahead of US CPI; Fed speak due
European bourses & US futures are marginally firmer but with price action tentative pre-CPIDXY marginally lower, with EUR bid following German ZEW & Cable testing 1.23Debt futures retain yesterday’s gains, Bunds experienced slight downticks around supply and dataCrude continues to build on M
READ STORYEurope Market Open: Somewhat tentative pre-CPI trade, DXY steady & EUR tests 1.07
APAC stocks traded somewhat mixed with gains capped as markets await incoming US CPI data.US House Speaker Johnson's plan to prevent a government shutdown will be considered by the House on Tuesday, according to CBS.Hamas armed wing spokesperson said they told mediators they are ready to releas
READ STORYUS Market Open: European bourses bid whilst US Futures slip, AUD bid & Crude bounces; Fed's Cook due
European bourses are firmer whilst US futures slip going into a busy week & after Moody's updateDXY is lacklustre awaiting US CPI on Tuesday, with AUD extending gains and underpinned by RBA’s KohlerBonds bounce broadly and fairly firmly, though Bunds ultimately unable to reclaim 130.00Crude off
READ STORYEurope Market Open: APAC failed to sustain US momentum, Hamas suspends hostage negotiations
APAC stocks were mostly subdued and failed to sustain the early momentum from last Friday’s rally on Wall St.US House Speaker Johnson unveiled a GOP stopgap funding bill which includes January and February end dates; proposal was criticised by the White House.Moody’s affirmed US at AAA; Outlook
READ STORYWeek Ahead 13th-17th November; Highlights include Biden-Xi meeting; US CPI, retail sales; China activity data
MON: OPEC OMR, Canadian Remembrance Day (Observed).TUE: IEA OMR; UK Average Earnings/Unemployment (Oct/Sep), EZ Employment (Q3), German ZEW (Nov), US NFIB (Oct), CPI (Oct), Japanese GDP (Q3).WED: Chinese Retail Sales/Industrial Output (Oct), UK CPI (Oct), EZ Trade Balance (Sep), US PPI Final Demand
READ STORYUS Market Open: European bourses slump, Fixed continues to slide & DXY slightly lower; Fed speak due
European bourses slump, whilst US futures meander on either side of the unchanged level; NQ underperforms on higher yieldsBonds continue to sell-off following yesterday’s hawkish leaning comments from Fed Chair Powell and a dismal US long bond auctionDXY is slightly lower, edging towards session low
READ STORYEurope Market Open: Wall St. slipped post-Powell & a poor 30yr auction
APAC stocks traded lower across the board as the downbeat sentiment from Wall Street reverberated to the region following the poor 30-year US auction coupled with Powell’s hawkish lean, whilst the APAC region itself digested earnings and China’s ongoing woes.Fed Chair Powell leant hawkish following
READ STORYUS Market Open: Equities boosted, DXY & NZD bid, US 10-yr yield surpasses 4.50%; Fed's Powell due
European bourses march firmly into the green whilst US futures post gains to a lesser extent; RTY outperforms after heavy losses in recent sessionsDollar is firmer ahead of Fed Chair Powell, with the Kiwi outperforming as it benefits from AUD/NZD cross-sellingDebt gives back some of the prior sessio
READ STORYEurope Market Open: Firmer APAC but muted Chinese trade, numerous speakers due
APAC stocks traded mostly firmer following a similar lead from Wall Street; Chinese markets saw more of a muted performance.DXY traded flat within a tight range on either side of 105.50, USD/JPY remained just under 151.00, and Antipodeans outperformed.European equity futures are indicative of a cont
READ STORYUS Market Open: Equities in the red, USD bid & GBP lags as Gilts extend gain; Fed's Powell due
European bourses post modest losses whilst the NQ & ES teeter around the unchanged mark, RTY lags slightly.Bonds extended gains with Gilts outpacing counterparts though ultimately fell short of 96.00 level, with the complex now off best levels & USTs lower.USD bid with the index printing a 1
READ STORYEurope Market Open: Relatively contained APAC trade ahead of numerous Central Bank speakers
APAC stocks traded mixed/mostly firmer following a similar lead from Wall Street, with the breadth of markets in APAC hours particularly narrow.DXY held a modest upward bias with G10s mostly subdued in what was a contained session for FX.European equity futures are indicative of a subdued open with
READ STORYUS Market Open: Equities in the red, DXY bid & Antipodeans sink post-RBA hike; slew of Fed speak due
European equities/US futures in the red with sentiment sour ahead of a busy day of Fed speakFixed benchmarks are back in bull-flattening mode, lifting from yesterday’s lows pre-supplyDXY firmly above 105.50, whilst Antipodeans sink on weaker sentiment and post-RBA hikeAs expected, the RBA announced
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