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23 Oct 2023 · 05:35

Europe 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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20 Oct 2023 · 12:21

Week Ahead 23rd-27th October - Highlights include EZ/UK flash PMIs, ECB, BoC, US PCE, Australian CPI

MON: Bank of Israel Announcement, EZ Consumer Confidence (Oct), US National Activity Index (Oct)TUE: German GfK Consumer Confidence (Nov), EZ/UK/US Flash PMIsWED: BoC Announcement, NBH Announcement, Australian CPI (Q3/Sep), German Ifo Survey (Oct)THU: ECB Announcement, CBRT Announcement, South Korea

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20 Oct 2023 · 10:40

US Market Open: Equities in the red while the USD struggles for direction and USD/JPY tests 150.00

European bourses are following the APAC handover and reside well into the red, US futures lower but nearer unch.USD struggling for direction in somewhat narrow parameters as USD/JPY probes 150.00 while GBP slips post-data/BoE speakCrude and precious metals firmer with geopolitics continuing to drive

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20 Oct 2023 · 05:27

Europe Market Open: APAC stocks follow the Wall St. post-Powell declines, geopolitical tensions rise

APAC stocks mostly declined following the losses on Wall St post-Powell and as geopolitical tensions remain high.Fed Chair Powell suggested that policy was not too tight but also noted that higher bond yields at the margin could reduce the need for the Fed to tighten.Israel's military received the '

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19 Oct 2023 · 10:30

US Market Open: Equities in the red with earnings dominating newsflow ahead of Chair Powell

European bourses and US futures reside in the red with earnings dominating newsflow; NFLX +13.5%, TSLA -4.8%, SAP +4.8%.USD has been grinding higher alongside yields to the detriment of peers with the slim exception of EUR & JPYCrude benchmarks reside in the red after Wednesday’s gains with meta

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19 Oct 2023 · 05:35

Europe Market Open: NFLX +12% & TSLA -4% after-hours, European equity futures point lower

APAC stocks were lower across the board amid spillover selling from global peers.After-hours earnings in the US saw Netflix surge 12.8%, whilst Tesla fell 4.2%.European equity futures are indicative of a lower open with the Euro Stoxx 50 future -0.6% after the cash market closed down 1.1% yeste

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18 Oct 2023 · 10:35

US Market Open: Geopolitical tensions overshadow stronger Chinese activity data amid key earnings

European bourses/US futures experience pressure as geopolitical tensions overshadow stronger than expected Chinese activity dataDXY comfortably above 106.00 but just off best, Yuan unable to benefit from mentioned data while GBP benefits from UK CPIDebt benchmarks pressured post-data though have cli

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18 Oct 2023 · 05:35

Europe Market Open: Strong Chinese data somewhat overshadowed by geopolitics ahead of Biden's meeting

APAC stocks traded mixed following a similar performance on Wall St while the region also digested the latest Chinese GDP and activity data which topped forecasts.The latest geopolitical headlines included news of a strike on a hospital in Gaza which saw both sides point the blame at each other.Euro

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17 Oct 2023 · 10:50

US Market Open: Geopolitical developments overshadow better-than-expected ZEW, JPY action on sources

European bourses & US futures are mixed to modestly pressured as a better-than-expected ZEW is overshadowed by geopoliticsEUR off lows given the data and support via expiries at 1.05, action which has pulled the DXY away from its 106.49 peak, JPY action on BoJ sources re. inflation outlookGeopol

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17 Oct 2023 · 05:35

Europe Market Open: APAC upside capped by Iranian threats, Biden to visit Israel on Wednesday

APAC stocks were mostly positive following the gains across global counterparts, although the upside was capped amid threats from Iran.Iran's Foreign Minister said pre-emptive actions by the resistance front could be expected in the coming hours (comments made last night).US President Biden will tra

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16 Oct 2023 · 10:35

US Market Open: Geopolitical developments keep tensions elevated and the tone tentative

European bourses are under modest pressure as geopolitical developments keep tensions elevated and the tone tentativeIsraeli military spokesperson said their goal is to completely destroy the governing and military capabilities of Hamas.Iranian Foreign Minister said ‘If the Zionist aggressions do no

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16 Oct 2023 · 05:33

Europe Market Open: Geopolitical concerns remain at the forefront ahead of NZ CPI & Fed/ECB speak

APAC stocks were mostly lower amid ongoing geopolitical concerns with the Israel-Hamas conflict threatening to spill over to neighbours in the region.Israeli military spokesperson said their goal is to completely destroy the governing and military capabilities of Hamas.Iranian Foreign Minister said

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13 Oct 2023 · 13:41

Week Ahead 16th-20th October: Highlights include US retail sales, China activity data, PBoC, inflation from NZ, Japan, UK and Canada

Week Ahead 16-20th OctoberSAT: New Zealand General ElectionMON: New Zealand CPI (Q3), PBoC MLFTUE: RBA Minutes, German ZEW Survey (Oct), US Retail Sales (Sep), Canadian CPI (Sep)WED: Chinese GDP (Q3), Chinese Industrial Output (Sep) and Retail Sales (Sep), UK Inflation (Sep), EZ Final HICP (Sep)THU:

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13 Oct 2023 · 10:31

US Market Open: Stocks slip and bonds are bid while crude surges amid weekend geopolitical risks

European bourses and US equity futures have been tilting lower since the cash open despite a lack of major headlines, with traders cognizant of geopolitical risks heading into the weekend.Dollar loses some inflation momentum as DXY slips from a double top into a softer 106.510-280 range; T-note is n

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13 Oct 2023 · 05:32

Europe Market Open: Asian stocks declined amid headwinds from US CPI, while the region also digested softer-than-expected inflation and mixed trade data from China

APAC stocks were mostly lower amid headwinds from the US, while the region also digested softer-than-expected inflation and mixed trade data from China.European equity futures are indicative of a lower open with the Euro Stoxx 50 future -0.3% after the cash market closed down 0.1% yesterday.DXY rema

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12 Oct 2023 · 10:55

US Market Open: Equities firmer, DXY lower & Fixed fades gains ahead of US CPI & IJC

European bourses are trading with modest gains in the wake of the late gains on Wall Street yesterday and the upbeat APAC session overnight.Dollar is depressed ahead of US CPI data after brief bounces post-PPI and FOMC minutes. Euro retains 1.0600+ status vs Buck. Yen is still drawn to 149.00 agains

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12 Oct 2023 · 05:30

Europe Market Open: Asian stocks took impetus from Wall St after recent dovish Fed rhetoric offset hot PPI data, while FOMC Minutes were deemed stale

FOMC Minutes stated that officials generally judged risks to achieving the FOMC's goals had become more two-sided.APAC stocks were firmer after the region took impetus from the intraday rebound on Wall St.European equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.4% aft

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11 Oct 2023 · 10:30

US Market Open: Equities mixed, luxury names lower on LVMH results & Fixed soars; FOMC Minutes due

European bourses have held onto the mixed theme seen at the cash open with underperformance seen in the CAC 40 and Euro Stoxx 50 on the back of disappointing earnings from heavyweight LVMH.Bonds are back in vogue as duration and safe haven demand propel prices higher amidst long-end outperformance;

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11 Oct 2023 · 05:25

Europe Market Open: Asian stocks gained with global risk appetite underpinned by dovish Fed speak and China stimulus hopes

APAC stocks were higher after the positive momentum rolled over from global peers owing to dovish Fed rhetoric and China stimulus hopes.Hezbollah said it targeted an Israeli tank with missiles and that Israel struck a number of observation posts.European equity futures are indicative of a weaker ope

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10 Oct 2023 · 10:45

US Market Open: Equities bid & DXY weaker as risk appetite returns; NY SCE and Fed speak due

European bourses trade on the front-foot in a catch-up play to the afternoon gains on Wall Street; US futures are trading slightly firmer, continuing to extend on gains seen in yesterday’s session.Dollar pulls back under 106.00 as risk appetite picks up, JPY underperforms with USD/JPY hovering aroun

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10 Oct 2023 · 05:26

Europe Market Open: Asian stocks were mostly higher as some participants returned from holiday and following recent dovish Fed speak

APAC stocks were mostly positive as key markets reopened from the long weekend and following the recovery seen on Wall Street.Stocks in the US recovered following dovish-leaning Fed rhetoric which acknowledged the impact of higher Treasury yields on financial conditions.Israeli PM Netanyahu sai

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9 Oct 2023 · 10:35

US Market Open: Equities lower amid geopolitical concerns, DXY bid & JPY stands pat; Fed speak due

European bourses have mostly kicked the week off on the backfoot as geopolitical concerns grip the market narrative following a surprise multi-front attack by Hamas on Israel.Crude futures overnight saw intraday gains of more than 5% after Hamas' attack on Israel which Iranian officials reportedly h

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9 Oct 2023 · 05:28

Europe Market Open: Risk sentiment was pressured and havens were underpinned amid Israeli-Hamas conflict

A surprise multi-front attack by Hamas on Israel resulted in at least 700 Israeli deaths and prompted Israel to declare war on Hamas.Crude futures have seen intraday gains of more than 5% after Hamas' attack on Israel which Iranian officials reportedly helped to plan.European equity futures are indi

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6 Oct 2023 · 12:26

Newsquawk Week Ahead: Highlights include FOMC minutes, ECB minutes, US & China CPI and UK GDP

Week Ahead 9-13th OctoberMON: EZ Sentix Index (Oct)TUE: NilWED: EIA STEO, US PPI (Sep). FOMC MinutesTHU: ECB Minutes, OPEC MOMR, IEA OMR, UK GDP (Aug), US CPI (Sep)FRI: Chinese Inflation (Sep), Chinese Trade Balance (Sep), EZ Industrial Production (Aug), US University of Michigan PrelimNOTE: Preview

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6 Oct 2023 · 10:23

US Market Open: Equities firmer & DXY rangebound with overall sentiment tentative ahead of NFP

European bourses trade on the front foot as indices attempt to recoup lost ground, US futures are trading marginally firmer, with overall sentiment tentative ahead of the big NFP report.DXY is caged to a tight 106.34-55 with FX markets generally steady, Pound perked up enough in early trade to probe

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