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Europe Market Open: Asian stocks were mostly in the green but with gains capped as NFP data looms
APAC stocks traded mostly higher albeit with some of the upside capped following the inconclusive performance on Wall St.RBI kept the Repurchase Rate unchanged at 6.50%, as expected.European equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.3% after the cash market clos
READ STORYUS Market Open: Equities choppy, DXY lacklustre, Antipodeans outperform & Bonds bounce; US IJC due
European bourses are choppy but ultimately trade flat at the time of writing in what has thus far been a session void of incremental macro news.DXY index remains relatively contained between 106.500-840 confines; Antipodeans narrowly outperform; Pound was flagging even before a more contractionary t
READ STORYUS Market Open: Equities trim losses & DXY lower as yields slip; US ADP, ISM & Durable Goods due
European bourses are now mostly but modestly firmer after trimming the losses seen at the cash open; US futures scaled back earlier losses to hover around neutral levels.DXY gravitates as Treasury yields slip, risk sentiment improves and various institutions step up intervention - with the index ret
READ STORYEurope Market Open: Asian stocks followed suit to the losses on Wall St where stocks and bonds declined amid tightening labour market concerns
APAC stocks declined following the losses on Wall Street where stocks and bonds resumed their slide.European equity futures are indicative of a lower open with Euro Stoxx 50 future -0.2% after the cash market closed down 1.0% yesterday.DXY lingers above the 107 mark, USD/JPY sits on a 149 handle aft
READ STORYUS Market Open: European bourses weaker & US equities tentative ahead of US JOLTS; Fed's Bostic due
European bourses are a touch softer with yields in focus, US futures slightly firmer ahead of data & Fed speakDXY ran into resistance and has faded from a 107.21 best, but does remain incrementally firmer; Antipodeans lag post on-hold RBAEGBs pressured with BTPs seemingly leading and pulling Gil
READ STORYEurope Market Open: RBA kept rates steady while APAC stocks declined as yields continue to rise
APAC stocks declined amid the rising global yield environment and the continued absence of some key markets.The RBA unsurprisingly kept rates steady in Governor Bullock's inaugural meeting and with the statement largely a carbon copy from the Lowe era.European equity futures are indicative of a lowe
READ STORYUS Market Open: Equities weaker, US futures tentative & DXY bid ahead of US ISM; Fed's Powell due
European bourses & US futures have given up initial gains but action remains tentative pre-data/Powell and after mixed Chinese PMIsUS House/Senate passed a short-term spending bill, Biden signed a 45-day stop-gap measure into lawDXY is bid on dips and towards the top-end of 106.04-49 parameters
READ STORYEurope Market Open: US passed a short-term funding bill alongside mixed Chinese PMIs
US House and Senate passed a short-term spending bill to keep the government funded until November 14th.APAC stocks traded mixed in severely holiday-quietened conditions amid the mass closures in the region.European equity futures are indicative of a contained open with Euro Stoxx 50 future flat aft
READ STORYWeek Ahead 2nd-6th October: Highlights include US NFP, RBA, RBNZ, PMI data, BoJ SoO and OPEC+ JMMC
Week Ahead 2nd-6th OctoberMON: BoJ SOO, Riksbank Minutes, Japanese Tankan Survey (Q3), EZ/UK/US Final Manufacturing PMIs (Sep), US ISM Manufacturing PMI (Sep), Chinese Market Holiday (Sep 29-Oct 8)TUE: RBA Announcement, Swiss CPI (Sep), Chinese Market Holiday (Sep 29-Oct 8)WED: RBNZ Announcement, OP
READ STORYUS Market Open: Equities firmer amid positive risk-tone, DXY dips on softer yields; US PCE due
European bourses are trading higher across the board with the Stoxx 600; US equity futures are also firmer in a continuation of yesterday's gains.DXY succumbs to more intense selling pressure amid softer US Treasury yields and renewed risk appetite; Antipodeans outperform.EGBs rebound following soft
READ STORYEurope Market Open: Asian stocks are mostly kept afloat after yields and oil prices eased
APAC stocks mostly took impetus from Wall St’s positive lead as yields and oil prices declined from recent peaks.US Senate bill to avert a government shutdown garnered enough votes to advance, as expected.European equity futures are indicative of a contained open with Euro Stoxx 50 future flat after
READ STORYUS Market Open: Equities indecisive, DXY & Fixed weaker; US IJC, GDP (Final) & Nike earnings due
European bourses trade softer following a predominantly negative close yesterday as a lack of positive catalysts keeps sentiment suppressed.DXY settled down under 106.50 after extending gains on Wednesday when various bullish impulses combined to boost the Buck.Bunds and Gilts have been in freefall
READ STORYEurope Market Open: Asian stocks traded mixed amid recent gains in yields and oil prices
APAC stocks traded mixed following the indecisive performance in the US amid further upside in global yields and higher oil prices.European equity futures are indicative of a contained open with Euro Stoxx 50 future flat after the cash market closed up 0.1% yesterday.US Senate is to vote today at 16
READ STORYUS Market Open: European bourses mixed, US futures firmer, DXY bid & AUD lags; US Durable Goods due
European bourses are firmer in early trade, albeit it is hard to see today’s bounce as much more than a reprieve from recent losses with not a great deal changing since yesterday’s close.DXY consolidates gains on the 106.00 handle within a 106.16-32 range as month/quarter-end rebalancing demand offs
READ STORYEurope Market Open: Asian stocks traded mixed as a rebound in Chinese Industrial Profits partially offset the subdued handover from Wall St
APAC stocks traded mixed as a rebound in Chinese Industrial Profits partially offset the subdued handover from Wall St.European equity futures are indicative of a contained open with Euro Stoxx 50 future flat after the cash market closed down 0.9% yesterday.US Senate voted to clear a procedural hurd
READ STORYUS Market Open: Equities slip, though UK's FTSE outperforms, DXY contained; Fed's Bowman due
European bourses are on the backfoot but off the worst levels seen at the cash open despite a lack of fresh fundamental headlines, with the UK's FTSE outperforming on a weaker GBP.US futures are pressured amid a generally negative risk tone across the market and a lack of any fresh catalysts.DXY has
READ STORYEurope Market Open: Asian stocks were pressured amid rising global yields, with a light calendar ahead
APAC stocks were mostly lower with headwinds from the rising global yield environment.US Senate Republican and Democrat negotiators are nearing a deal on a short-term spending measure, according to Blomberg.European equity futures are indicative of a softer open with Euro Stoxx 50 future -0.2% after
READ STORYUS Market Open: Equities sink without catalyst, DXY bid & JPY weaker; US National Activity Index due
European bourses extended on losses since the cash open, despite no obvious catalyst to drive price action, and with no initial move seen in response to the German Ifo metrics - a release which on balance was better-than-expected. US equity futures reversed their earlier gains and saw an accele
READ STORYEurope Market Open: Asian stocks were mixed with a mostly negative bias amid Chinese developer woes ahead of this week's data releases and US government shutdown deadline
APAC stocks traded with a mostly negative bias; Evergrande cancelled its creditor meeting and is scrapping its USD 35bln debt restructuring plan.European equity futures are indicative of a softer open with Euro Stoxx 50 futures -0.2% after the cash market closed down 0.1% on Friday.DXY is conta
READ STORYWeek Ahead 25-29th September: Highlights include US PCE, EZ Flash CPI, China Caixin PMI, and Banxico rate decision
Week Ahead 25-29th SeptemberMON: German Ifo (Sep), US National Activity Index (Aug), German State CPIs (Sep)TUE: Swedish PPI (Aug), US Consumer Confidence (Sep), New Home Sales (Aug) Richmond Fed (Sep)WED: Spanish Parliament PM Vote re. Feijoo (TBC), CNB Policy Announcement, BoJ Minutes (Jul); Germa
READ STORYUS Market Open: European equities lower, PMIs note growth concerns; JPY weaker post-BoJ; US PMI due
European bourses are mostly lower but have trimmed the losses seen at the cash open. The main macro story for the region thus far has been the flash PMI prints for September.French PMI missed, German PMI modestly beat, EZ PMI was mixed, UK PMI only saw manufacturing beat; the main theme of the PMIs
READ STORYEurope Market Open: Asian stocks traded mixed as this week's central bank frenzy ends with BoJ anti-climax
APAC stocks traded mixed amid a higher yield environment and after this week’s central bank frenzy culminated with a lack of surprises from the BoJ.BoJ kept monetary policy settings unchanged and made no change to forward guidance with the central bank to patiently continue monetary easing.European
READ STORYUS Market Open: Equities weaker post-FOMC; DXY firmer, CHF slumps post-SNB & GBP lower pre-BoE
European bourses are pressured as the region reacts to the FOMC, US futures are lower but action is slightly more containedDXY is off 105.68 best but remains supported, GBP pressured and sub-1.23 ahead of the BoE with pricing still near 50/50CHF collapses as SNB leaves rates unchanged, SEK pressured
READ STORYEurope Market Open: Hawkish FOMC dot plots ahead of a Central Bank bonanza
The Fed kept rates unchanged and provided more hawkish dot plots; signalled a further rate hike this year and fewer cuts next year.APAC stocks were pressured in the aftermath of the FOMC’s hawkish pause; US futures are also softer (ES -0.3%) European equity futures are indicative of a lowe
READ STORYUS Market Open: Odds of a BoE hike trim to 50/50 post-CPI, FOMC looms
FTSE 100 outperforms after sub-forecast UK inflation data, Real Estate and Banking leadingStateside, futures are essentially flat pre-FOMCGBP undermined as market pricing pivots to 50/50 for pause/hike by the BoE, DXY at 105.00, USD/JPY over 148.00EGBs & USTs rise on significant Gilt upside, US
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