The Premarket Movers & News by Newsquawk

Fed said it is to provide liquidity to US depository institutions in which each Federal Reserve bank would make advances to eligible borrowers.European bourses are under substantial pressure, with banking names leading the downside as contagion concern continues, SX7P -5.5%.Stateside, futures have b

Fed said it is to provide liquidity to US depository institutions in which each Federal Reserve bank would make advances to eligible borrowers.Goldman Sachs said it no longer expects the Fed to hike rates at the March meeting in light of recent stress in the banking system; expects hikes in May, Jun

SUN: US moves onto daylight saving time.MON: South Korean Imports/Exports (Feb).TUE: OPEC MOMR, UK Jobs Report (Jan/Feb), US CPI (Feb).WED: IEA OMR, Chinese Retail Sales (Feb) & Industrial Production (Feb), EZ Industrial Production (Jan), US PPI (Feb) & Retail Sales (Feb), New Zealand GDP (Q

European bourses are lower across the board, Euro Stoxx 50 -1.5%, as contagion fears from SVB dents risk sentiment and weighs heavily on banks, SX7P -4.0%.Stateside, futures remain under pressure with the ES around 3900 while the NQ is the relative outperformer, and little changed overall, with yiel

APAC stocks declined amid headwinds from the banking sell-off in the US owing to contagion fears related to Silicon Valley Bank.BoJ kept policy settings unchanged, as expected, with the decision on YCC made by a unanimous vote.European equity futures are indicative of a lower open with the Euro Stox

Equities are under pressure as sentiment has slipped modestly throughout the European morning, ES -0.2%.The DXY is similarly weighed on and is below Wednesday's trough to the benefit of FX across the board; JPY outpaces pre-BoJ.Core fixed income is back within tighter ranges after an initial decline

Equities are under pressure as sentiment has slipped modestly throughout the European morning, ES -0.2%.The DXY is similarly weighed on and is below Wednesday's trough to the benefit of FX across the board; JPY outpaces pre-BoJ.Core fixed income is back within tighter ranges after an initial decline

APAC stocks traded mostly rangebound after the choppy performance in the US, while the region also digested weak data including softer-than-expected Chinese inflation.European equity futures are indicative of a marginally softer open with the Euro Stoxx 50 -0.1% after the cash market closed up 0.2%

Equities are mixed within fairly narrow parameters given the tentative post-Powell sentiment ahead of ADP & numerous speakers.DXY has lifted to a fresh YTD peak, with peers mixed as AUD outperforms and JPY lags.GBP was unfazed by Dhingra reiterating a preference to pause tightening, in remarks t

APAC stocks were mostly lower amid headwinds from Wall St where risk assets suffered after Powell's hawkish testimony.European equity futures are indicative of a slightly softer open with the Euro Stoxx 50 -0.2% after the cash market closed down 0.8% on Tuesday.DXY lingers around YTD highs post-Powe

European bourses & US futures are contained in relatively narrow ranges pre-Powell, following firmer but ultimately capped APAC action on China trade dataDXY continues to inch higher but has stalled at 104.50 before Monday's 104.69 best; AUD lags post-RBAEGBs/Gilts initially tested/breached Mond

APAC stocks traded mostly higher although gains were capped as participants digested the latest Chinese trade data.Chinese trade data showed a continued contraction in both dollar-denominated exports and imports.RBA hiked rates by 25bps as expected but provided a slightly less hawkish tone.European

European bourses are posting modest gains of circa. 0.3% in a continuation of the firmer APAC handover where the upside was capped by China's GDP targets.US futures are essentially unchanged given the above and as participants await the week's commentary from Fed officials, incl. Chair Powell, and F

APAC stocks were mostly positive as the majority of bourses took impetus from last Friday’s gains on Wall St.China will target 2023 GDP growth of about 5.0% (exp. 5.0%-5.5%) and CPI around 3%.European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.4% after the cash mar

MON: Swiss CPI (Feb), EZ Sentix Index (Mar), EZ Retail Sales (Jan), South Korean GDP Revised (Q4).TUE: RBA Policy Announcement, EIA STEO, Australian Trade Balance (Jan), Chinese Trade Balance (Feb).WED: BoC Policy Announcement, NBP Policy Announcement, German Retail Sales (Jan), EZ GDP Revised (Q4),

European bourses are firmer across the board, Euro Stoxx 50 +0.9%, in a continuation of the firmer Wall St./APAC handover; US futures bid, though to a lesser extent.DXY is under pressure with G10 peers firmer across the board as UST yields ease across the curve, CHF the main beneficiary.Fixed income

APAC stocks traded mostly higher amid tailwinds from the US and as the region also digested further strong Chinese Caixin PMI data.Fed's Bostic (non-voter) said the Fed may be in a position to pause by mid-to-late summer.European equity futures are indicative of a higher open with the Euro Stoxx 50

European bourses are softer across the board, Euro Stoxx 50 -0.5%, though off lows with limited reaction to EZ HICP ahead of minutes/Schnabel.US futures are similarly pressured, NQ lags given yield upside; CRM +15% and TSLA -6.% pre-market.USD has been aided by yields and geopolitical jitters, to th

APAC stocks were choppy and mostly traded rangebound after the uninspiring handover from Wall Street.European equity futures are indicative of a marginally softer open with the Euro Stoxx 50 -0.1% after the cash market closed down 0.5% yesterday.DXY heads into the European session firmer vs. peers b

Both European and US equity futures are firmer, in a continuation of the data-inspired APAC handover; US ISM & Fed speak aheadSpecifically, the data released included the fastest pace of expansion for Chinese Manufacturing PMI in more than a decade.DXY has been pressured by marked Yuan action, w

APAC stocks were mostly positive as the region digested a slew of data releases.Official Chinese PMI printed its highest level since April 2012 and Caixin Manufacturing PMI also returned to expansion territory.European equity futures are indicative of a contained open with the Euro Stoxx 50 +0.1% af

European bourses are mixed/flat, Euro Stoxx 50 +0.1%, as the initial pressure from hot French/Spanish inflation readings has eased through the morning.US futures in-fitting with the above ahead of Fed speak; AAPL lower on Foxlink, CVX higher post-buyback update.DXY is firmer, but is closer to the se

APAC stocks eventually traded mixed heading into month-end and despite the early momentum from the positive close on Wall St.European equity futures are indicative of a flat open with the Euro Stoxx 50 Unch. after the cash market closed up 1.7% yesterday.DXY is a tad firmer but remains sub-105, anti

European bourses are firmer across the board, Euro Stoxx 50 +1.8%, after a cautious APAC handover following Friday's selling pressure.Stateside, futures are currently posting more modest upside of around 0.5% with Fed's Jefferson (voter) due.DXY is softer but remains above 105.00 with GBP outperform

APAC stocks traded cautiously heading into month-end and following on from the soft close on Wall St. on Friday.European equity futures are indicative of a slightly positive open with the Euro Stoxx 50 +0.1% after the cash market closed down 1.9% on Friday.DXY sits on a 105 handle, JPY marginally le