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Europe Market Open: RBA hiked 25bp while Israel is open to "short pauses" in Gaza
APAC stocks were softer across the board following the prior day’s gains and the choppy/mixed lead from Wall Street.DXY gradually inched higher towards the top end of a 105.25-42 APAC range with G10s softer against the Buck to varying degrees.RBA hiked its Cash Rate by 25bps as expected to 4.35% fro
READ STORYUS Market Open: US futures firmer, Crude bid & DXY sub-105.00 with yields modestly firmer
European bourses slip into the red while US futures remain afloat with fresh catalysts somewhat lightCrude bolstered after Friday's pressure alongside ongoing geopols and a handful of bullish catalystsDXY sub-105.00 with peers generally extending gains, though JPY & NZD are cappedBonds hand back
READ STORYEurope Market Open: post-NFP tailwinds continued into APAC with action contained elsewhere
APAC stocks traded higher across the board following the post-NFP tailwinds from Wall Street on Friday; South Korea outperformed after a stock short-selling ban.DXY had a softer bias throughout the session, while G10s were largely flat; UST and Bund futures were subdued and JGB futures gapped higher
READ STORYWeek Ahead 6th-10th November; Highlights include China trade and inflation, RBA, BoC minutes, Banxico, Norway CPI, UK GDP
MON: FOMC SLOOS, BoJ Minutes (Sep), BoC Market Participants Survey; Japanese Jibun Final Composite/Services PMIs (Oct), German Industrial Orders (Sep), EZ Final Construction/Services PMIs (Oct), UK Final Construction PMI (Oct), US Employment Trends (Oct).TUE: RBA Policy Announcement, EIA STEO;
READ STORYUS Market Open: Sentiment tentative with equities and USD suppressed ahead of US NFP
European bourses are marginally firmer ahead of Tier 1 events while US futures are slightly softer post-AAPLUSD depressed pre-data with NZD outperforming & JPY contained, CAD cautious ahead of its own jobs numbersBunds & Gilts towards the low-end of their parameters with USTs modestly bidCru
READ STORYEurope Market Open: AAPL pressured on soft Chinese performance, US NFP & ISM due
Apple was seen lower by 3.4% in after-hours trade amid declining product revenues and soft Chinese performance.APAC stocks traded higher as regional bourses tracked the advances in global peers, while disappointing Caixin Services PMI did little to derail the momentum.European equity futures are ind
READ STORYUS Market Open: Equities & Antipodeans benefit from positive risk sentiment & DXY slips; BoE due
European bourses & US futures are benefitting from a continuation of the post-Fed/Powell price actionDXY pressured to a 106.15 trough with fixed income bid and long-end yields under pressureUSD/JPY pressured on the latest BoJ sources while the NOK is ultimately softer after the Norges BankCommod
READ STORYEurope Market Open: Wall St. gained post-Powell, numerous Central Bank decisions/speakers due
FOMC kept rates unchanged as expected and Chair Powell downplayed the September dot plots.APAC stocks mostly followed suit to the gains on Wall St which were spurred by soft data and Powell comments.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.7% after cash marke
READ STORYUS Market Open: US equities softer, USD & JPY bid with sentiment tentative ahead of FOMC
US futures are a touch softer ahead of Tier 1 events while European bourses have recovered slightly from initial downside with overall action fairly containedUSD bid with the index eclipsing its end-October peak, JPY attempts to claw back post-BoJ downside while NZD slips after jobs numbersFixed ben
READ STORYEurope Market Open: APAC gains capped by data, FOMC & Quarterly Refunding due
APAC stocks traded predominantly higher albeit with upside capped as the region digested disappointing Chinese Caixin Manufacturing PMIChinese Caixin Manufacturing PMI Final (Oct) 49.5 vs. Exp. 50.8 (Prev. 50.6)European equity futures are indicative of a slightly higher open with the Euro Stoxx 50 +
READ STORYUS Market Open: Equities in the green, Yen weakens post-BoJ & EUR bid; US Employment Costs due
BoJ maintained NIRP and the 10yr JGB yield target at 0% but widened the reference range to 100bps up or down from targetEuropean bourses & US futures in the green, with Europe unreactive to CPI & GDP dataAction which followed mixed APAC trade given numerous data release incl. disappointing C
READ STORYEurope Market Open: BoJ maintained NIRP & 0% 10yr target, but widened the reference range to 100bps
APAC stocks traded mixed amid a deluge of data releases at month-end including disappointing Chinese official PMIsBoJ maintained NIRP and the 10yr JGB yield target at 0% but widened the reference range to 100bps up or down from targetEuropean equity futures are indicative of a slightly softer o
READ STORYUS Market Open: Equities firmer, DXY slips & AUD bid ahead of German CPI & US Treasury Financing
European bourses and US futures in the green ahead of a packed week of Tier 1 eventsDXY slips with AUD outperforming post-data while EUR & JPY are conscious of OpExDebt fades from initial highs with Gilts and USTs now in the red but Bunds still just firmer post-dataCrude & XAU a touch softer
READ STORYEurope Market Open: Gaza ground operation nears with sentiment softer into month-end & a busy week
APAC stocks ultimately traded mixed but with the major indices mostly in the red as geopolitics continued to dominate headlines ahead of month-end and this week’s slew of upcoming risk events.DXY was rangebound, EUR/USD traded steadily, 10-year UST futures were contained, and Bund futures remained f
READ STORYWeek Ahead 30th October - 3rd November: Highlights include FOMC, BoJ, BoE, US NFP, PMIs, and EZ CPI & GDP
Week Ahead 30th October - 3rd NovemberMON: German Prelim CPI (Oct), EZ Sentiment Survey (Oct), Japanese Retail Sales (Sep) and Industrial Output (Sep)TUE: BoJ Announcement + Outlook Report, Chinese Official PMIs (Oct), EZ Flash CPI (Sep) and GDP (Q3)WED: FOMC & BCB Policy Announcements, RBNZ FSR
READ STORYUS Market Open: AMZN & INTC support the NQ ahead of PCE Price Index
US futures are firmer as broader risk appetite is supported post-AMZN/INTCEuropean bourses experience divergence as the above tone is offset in places by marked losses in heavyweight Sanofi post-resultsDXY remains above the 106.50 mark with the JPY around 150.00 where marked OpEx resides, PPI suppor
READ STORYEurope Market Open: Amazon earnings bolster US futures while geopolitical tensions escalate
APAC stocks eventually traded firmer across the board as the well-received earnings from Amazon and Intel pushed sentiment into the positive after the mostly lower close on Wall Street.US equity futures resumed trading on a firmer footing as Amazon shares rose by over 5% in the after-market as the C
READ STORYUS Market Open: Large-cap earnings dominate price action, ECB & US data due
Equities are in the red as a blockbuster docket of earnings dominates price actionWithin Europe, Autos & Banking names lag after results from Volvo Cars, Mercedes-Benz, Volkswagen, Standard Chartered, BNP Paribas & many moreStateside, Meta slips pre-market with desks citing a cautious/conser
READ STORYEurope Market Open: Alphabet closed with downside near 10%, Meta -3.4% after the earnings call
APAC stocks traded lower across the board, following the weak lead from Wall Street; Mainland China saw the shallowest losses among the majors.Meta shares fell 3.4% after-market during the earnings call despite rising almost 5% post-earnings; Alphabet closed with losses of near 10%.DXY found a firme
READ STORYUS Market Open: Equities lower despite Ifo, influenced by the heavy corporate docket; GOOG -6.8%
European bourses & US futures are in the red with the breakdown heavily influenced by a busy corporate docketMicrosoft +3.6% & Google -6.8% in the pre-market, ahead of heavyweights include Meta & BoeingDXY eclipses Monday’s best to the modest detriment of peers, AUD gives up post-CPI gai
READ STORYEurope Market Open: Diverging performance for Microsoft & Google, ahead of key European & US names
APAC stocks traded mixed following a firmer lead from Wall Street as eyes turned to earnings from heavyweights Microsoft and Alphabet.Microsoft shares rose 3.9% and Alphabet tumbled 5.9% with cloud growth in focus. ES and NQ dipped slightly as Microsoft issued its guidance.ASX 200 slipped and AUD/US
READ STORYUS Market Open: Equities firmer despite soft-PMIs, DXY bid but USTs contained; MSFT & GOOG due
European bourses & US futures reside in the green despite initial PMI-pressure, focus turns to US mega-capsDXY in the green and aided by EUR downside to the modest detriment of peers though AUD outperforms post-BullockEGBs bolstered by the PMIs with yields pressured as such while USTs remain mor
READ STORYEurope Market Open: Mainland China led overnight gains, key US earnings due
APAC stocks traded mixed following a similar lead from Wall Street with Mainland China leading the gains overnight.DXY eventually dipped under the 105.50 mark as Treasury yields held onto losses; EUR/USD rose above its 50 DMA while USD/JPY tested 149.50 to the downside.Bitcoin saw a volatile session
READ STORYUS Market Open: Sentiment slips as geopolitical tensions & rising yields remain in the driving seat
Equities in the red as initial European upside dissipates amid the soured risk tone and further yield upsideUSD unable to benefit from the above for much of the morning, but has most recently inched into the green as the US 10yr yield surpasses 5.0%JPY shrugs off the latest sources piece around BoJ
READ STORYEurope Market Open: Mixed earnings and geopolitical angst weighs on sentiment
APAC stocks traded with losses across the board following the downside seen on Wall Street on Friday; Foxconn shares fell amid a Chinese probe.Oil futures, spot gold, and the Swiss Franc unwound some geopolitical risk premium overnight amid no major escalation in the Middle East over the weekend.An
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