The Premarket Movers & News by Newsquawk

APAC stocks mostly followed suit to the weakness in global peers, albeit with some of the losses stemmed in Asia as participants digested Chinese Caixin PMI figures.European equity futures are indicative of a marginally softer open with the Euro Stoxx 50 -0.1% after the cash market closed down by 1.

European bourses & US futures are in the red as sentiment continues to deteriorate from the APAC/Wall St. handoverFitch cut the US' sovereign rating from AAA to AA+; Outlook revised to Stable from Watch Negative.DXY benefits from the soured tone with JPY outperforming while EUR & GBP prove r

APAC stocks traded lower following the mostly negative lead from Wall St where sentiment was dampened by higher yields and weak dataFitch cut US sovereign rating from AAA to AA+; Outlook revised to Stable from Watch NegativeEuropean equity futures are indicative of a lower open with the Euro Stoxx 5

European bourses are in the red with initial catalysts light but sentiment deteriorating further alongside Final PMIsStateside, futures also pressured but magnitudes are more contained ahead of manufacturing dataDXY continues to climb to the detriment of G10 peers, AUD lags post-RBA maintained its C

APAC stocks were mostly higher following the positive lead from Wall St where the S&P 500 notched its 5th consecutive monthly gain.RBA maintained its Cash Rate Target unchanged at 4.10% and noted that some further tightening of monetary policy may be required.AUD lags post-RBA, JPY is also on th

European bourses are mixed/steady around the unchanged mark, with US futures following suitAction which follows mostly firmer APAC trade given Wall St. momentum, Chinese stimulus and despite mixed PMIsDXY is on the front-foot despite some month-end model predictions; JPY standout laggard while Antip

APAC stocks headed into month-end mostly on the front foot as participants digested the latest support efforts from China and mixed PMI data.Chinese headline Manufacturing PMI slightly topped forecasts but remained in contraction territory and Non-Manufacturing PMI disappointed with the slowest

Week Ahead July 31st - August 4thMON: Japanese Retail Sales (Jun), Chinese Official PMI (Jul), German Flash GDP (Q2), New Zealand Labour Cost Index (Q2)TUE: RBA Announcement, Chinese Caixin Manufacturing Final PMI (Jul), German/EZ Unemployment Rates (Jul), EZ/UK/US Final Manufacturing PMIs (Jul), US

BoJ kept monetary policy settings unchanged but announced it will guide YCC more flexibly with fixed rate operations for 10yr JGB to be conducted at 1.0% (prev. 0.5%).At the post-meeting presser, BoJ Governor Ueda emphasised the need for continued monetary easing, stating that the bank is prepared t

BoJ kept monetary policy settings unchanged but announced it will guide YCC more flexibly with fixed rate operations for 10yr JGB to be conducted at 1.0% (prev. 50bps).APAC stocks are mixed with underperformance in the Nikkei 225 as markets digest the fallout from the BoJ.European equity futures are

European bourses in the green in a continuation of APAC trade with a blockbuster earnings docket influencingUS futures firmer and the NQ outperforms following Meta’s after-hours report, META +8.3%DXY pressured to near 100.50 with EUR & JPY taking advantage ahead of their rate decisions, Antipode

The Fed hiked rates by 25bps to 5.25%-5.50%, as expected, with the statement a copy & paste job from June.Markets initially perceived the presser as dovish after Powell avoided committing to future rate hikes and stressed a data-dependent approach.US equity futures edged higher overnight with NQ

European bourses are generally subdued with the Euro Stoxx 50 weighed on by LVMH -4.4%Stateside, futures are more contained pre-FOMC and as participants digest after-hours MSFT & GOOGL updatesDXY continues to slip amid ongoing JPY strength with EUR benefitting as the three regions near policy an

APAC stocks traded mixed with most bourses lacking firm direction heading into the FOMC later today.European equity futures are indicative of a softer open with the Euro Stoxx 50 -0.4% after the cash market closed up by 0.2% yesterday.DXY was contained on a 101 handle, EUR/USD languished below 1.11,

Summary: The Fed is widely expected to hike rates 25bps in July, taking the target for the Federal Funds Rate to 5.25-5.50%. Markets, and the majority of economists, expect this to be the peak of the hiking cycle, despite Fed guidance for two more rate rises this year (including July). Therefore, at

European bourses & US futures are incrementally positive ahead of numerous key earnings from both sides of the pondDXY slipped to 101.18 before deriving support from an Ifo/ECB BLS driven hit to the Euro, AUD leads pre-CPICore benchmarks are modestly pressured as earlier upside dissipates despit

APAC stocks traded mostly higher amid a rally in Chinese stocks after the Politburo’s support pledges.European equity futures are indicative of a marginally softer open with the Euro Stoxx 50 -0.1% after the cash market closed down by 0.2% yesterday.DXY is a touch softer but remains on a 101 handle,

APAC stocks traded mostly higher amid a rally in Chinese stocks after the Politburo’s support pledges.European equity futures are indicative of a marginally softer open with the Euro Stoxx 50 -0.1% after the cash market closed down by 0.2% yesterday.DXY is a touch softer but remains on a 101 handle,

ECB policy announcement due Thursday 27th July; rate decision at 13:15BST/08:15EDT, press conference from 13:45BST/08:45EDTConsensus and market pricing look for a 25bps hike, taking the deposit rate to 3.75%Focus will fall on clues over the ECB's tightening ambitions beyond JulyOVERVIEW: The ECB is

European bourses are mixed with Flash PMIs flagging increased recession risks while Spain lags after Sunday’s stalemateStateside, futures modestly firmer with the NQ in-fitting ahead of the special rebalance coming into effectDXY benefits from EUR & GBP pressure on disappointing PMIs while JPY r

APAC stocks traded mostly positive but with gains capped ahead of upcoming key risk events.European equity futures are indicative of a softer open with the Euro Stoxx 50 -0.3% after the cash market closed up by 0.4% on Friday.DXY tested 101 to the downside, EUR/USD and Cable sit on 1.11 and 1.28 han

Sun: Spanish Elections.Mon: EZ/UK/US Flash PMIs (Jul).Tue: German Ifo Survey (Jul), NBH Announcement, Richmond Fed (Jul).Wed: FOMC Announcement, Australian CPI (Jun).Thu: ECB Announcement, US GDP Advance/PCE (Q2).Fri: BoJ Announcement & Outlook Report, French Flash CPI (Jun), Spanish Flash CPI (

BoJ sources around YCC spark marked dovish reaction in JPY and JGBs, which has filtered through to broader assetsDXY back above 101.00 with USD/JPY testing 142.00; action which eroded GBP’s retail-driven upsideEuropean/US equity benchmarks relatively contained, Tech hit by SAP while NQ benefits from

US stocks mostly tumbled with the declines led by the Nasdaq 100 which posted its second worst day of the year.APAC stocks were mixed as further support efforts from China partially offset the headwinds from Wall St.European equity futures are indicative of a softer open with the Euro Stoxx 50 -0.3%

European bourses are firmer though TSMC’s results have pressured Tech and the Euro Stoxx 50/AEX by extension; SAP due todayStateside, NQ lags given pre-market downside in NFLX & TSLA post-earningsAUD bolstered by jobs data, Yuan rebounds and EUR underpinned by yields with DXY driftingCore benchm