The Premarket Movers & News by Newsquawk

APAC stocks traded mixed following on from the choppy performance stateside as participants digested data and corporate earnings.Apple (AAPL) is racing to develop its own generative AI tools to catch OpenAI, according to Bloomberg.European equity futures are indicative of a slightly softer open

European bourses & US futures are contained, with Real Estate leading while Base Resource names lagFTSE 100 outperforms after cooler-than-expected UK CPI, with Gilts bid, GBP dented and BoE pricing moving in favour of 25bpAs such, GBP lags to the USD’s benefit while JPY approaches 140.0 and anti

US stocks were bid with outperformance in the Russell 2000 amid strong gains in the regional banking ETF.APAC stocks were mixed as the ongoing China economic woes partially offset the constructive lead from Wall St.European equity futures are indicative of a slightly higher open with the Euro Stoxx

European bourses & US futures are contained ahead of earnings and dataWithin Europe, pre-market action was dominated by Q2 updates with Novartis’ results lifting its sector & the SMIDXY remains pressured but has found support around Friday’s trough with EUR, GBP & JPY appreciatingFixed i

APAC stocks were mostly lower after the region failed to sustain the momentum from Wall St where tech and small caps outperformed.US President Biden is weighing new curbs on chips and semiconductor-making devices, according to Bloomberg.European equity futures are indicative of a slightly higher ope

European risk tone is hampered by mixed China data and subsequent cuts to the nations FY23 growth view by various desksStateside, action is more contained with the docket relatively sparse ahead of Tuesday’s key earnings & with Fed blackout underwayCrude benchmarks have returned to APAC lows on

APAC stocks began the week subdued as participants digested mixed economic growth and activity data from China.Chinese GDP was firmer than expected QQ but disappointed YY, while Industrial Production topped estimates and Retail Sales missed.European equity futures are indicative of a lower open with

Week Ahead July 17-21stMON: PBoC MLF, South Korean Trade Balance Revised (Jun), Chinese GDP (Q2), Retail Sales, and Industrial Output (Jun)TUE: RBA Minutes, SARB Press Release, US Retail Sales (Jun), Canadian CPI (Jun), New Zealand CPI (Q2)WED: UK Inflation (Jun), EZ Final CPI (Jun),THU: PBoC LPR, C

European bourses & US futures are relatively contained ahead of Fed speak and banking earningsWithin Europe, Telecoms lag after updates from Ericsson and NokiaDXY struggles for direction just above 99.75 with peers mixed & JPY retreatingCore fixed benchmarks diverge slightly as EGBs/Gilts ex

APAC stocks traded mostly higher after the positive lead from Wall St where yields continued to decline post-PPI.Fed's Waller (voter) said the Fed will likely need two more 25bps hikes this year and he favours raising rates at the July FOMC.European equity futures are indicative of a slightly lower

European bourses & US futures are firmer as the post-inflation action continues ahead of IJCDXY extends the post-inflation decline towards 100.00 amid a further retreat in yieldsAntipodeans outperform, EUR & GBP also bid; as above, fixed benchmarks continue to climbCrude inches higher with a

APAC stocks traded higher as the region reacted to the softer-than-expected US inflation data while weaker-than-expected Chinese trade data failed to dampen the spirit.European equity futures are indicative of a slightly higher open with the Euro Stoxx 50 +0.1% after the cash market closed up by 1.7

European bourses are firmer across the board with Tech leading after favourable broker actionUS futures in the green but more contained ahead of CPI and Fed speakDXY continues to wane after losing 101.50, with JPY outperforming while antipodeans wane after Central Bank activityCore fixed income is m

APAC stocks traded mixed with the region cautious heading into today’s key US inflation data.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.4% after the cash market closed up by 0.7% yesterday.DXY slipped to a fresh two-month low as USD/JPY moved back below 140 and

European bourses remain firmer but off best levels as sentiment slips throughout the morningStateside, futures in-fitting though action has been more contained and they remain much closer to Unch.DXY fails to benefit from the pullback in risk appetite as CHF and JPY outperform with UST yields pullin

APAC stocks were mostly positive following the tailwinds from the US while participants also reflected on China's support efforts.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.3% after the cash market closed up by 0.5% yesterday.DXY has extended further beneath 10

European bourses are firmer across the board but diverging with their US peers currentlyUSD regains poise with Antipodeans fading and EUR noting OpEx; Scandis lead on CPI & MinutesCore fixed benchmarks are lower despite fleeting bounces ahead of data & several speakersCrude benchmarks remain

APAC stocks were mostly positive albeit with gains capped for many of the regional bourses.US equity futures lacked excitement as participants look ahead to this week's risk events including US CPI data; European equity futures are indicative of a lower open.The latest Chinese inflation data missed

MON: Riksbank Minutes, Bank of Israel Announcement, Chinese Inflation (Jun), Norwegian CPI (Jun), Chinese New, Yuan Loans (Jun)TUE: EIA STEOWED: BoC Announcement, RBNZ Announcement, German CPI Final (Jun), UK Jobs Data (May/Jun), German ZEW Survey (Jul), US CPI (Jun)THU: ECB Minutes, BoK Announcemen

European bourse began in the red, but have since moved modestly into the green; US futures remain softer pre-NFPJPY continues its comeback as spreads tighten to the detriment of the USD, index tethered to 103.00Fixed income has resumed its downward trajectory despite initial two-way action, benchmar

APAC stocks were mostly lower amid spillover selling from global peers including in the US where the major indices were pressured.DXY remained confined to within a narrow range as price action calmed down from yesterday’s fluctuations, USD/JPY traded on both sides of the 144.00 level.European equity

European bourses and US futures are pressured as growth concerns draw focus before key US dataCyclicals lag while defensives outperform, but remain red; Meta is bolstered as Threads launchesDXY slips post-Minutes while USD/JPY reverses through 144.00 and Antipodeans lead despite risk aversionGilts g

APAC stocks were mostly lower following the post-Independence Day hangover in the US owing to recent weak global data releases and a rising yield environment.The FOMC Minutes provided little to deviate from the current view of future rate increases - almost all participants judged it appropriate or

European bourses are in the red after bleak EZ and Chinese PMI data, US futures similarly downbeat pre-FOMC MinutesCrude initially pressured on the above but lifted by Saudi commentary from the OPEC+ seminarDXY remains in close proximity to 103.00, with JPY benefitting from a broader yield pullback

APAC stocks were mostly lower following the holiday lull stateside and as participants digested the latest Chinese Caixin Services PMI data.DXY eked mild gains and retained the 103.00 status with price action rangebound after the Independence Day celebrations in the US.Crude futures faded some of th