The Premarket Movers & News by Newsquawk

APAC stocks were mostly kept afloat following the gains on Wall St where the major indices unwound recent losses (S&P 500 +1.4%).Hong Kong Chief Executive Lee announced an end to the COVID contact tracing app requirement and will eliminate the three-day arrival monitoring period.European equity

European bourses are under modest pressure, Euro Stoxx 50 -0.2%, as the cautious APAC tone continues but with magnitudes limited given the lack of newsflow.USD's initial extension faded with the index drifting within 105.23-104.72 parameters, peers mixed but generally rangebound.EGBs & Gilts hav

APAC stocks began the week with mild losses following the subdued performance last Friday on Wall Street.European equity futures were lower with the Euro Stoxx 50 future down 0.5% after the cash market closed with gains of 0.5% on Friday.USD is broadly firmer vs. peers, EUR/USD maintains 1.05 status

Week Ahead December 12-16th:MON: UK GDP Estimate (Oct), Chinese M2/New Yuan Loans (Nov).TUE: OPEC MOMR; BoE Financial Stability Report; German CPI Final (Nov), UK Unemployment Rate (Oct)/Claimant Count (Nov), EZ ZEW (Dec), US CPI (Nov), Japanese Tankan (Q4), New Zealand Current Account (Q3).WED: FOM

Equities in Europe trade with no firm direction in what has been a quiet morning session thus far in holiday-thinned volumesDXY managed to derive some support after losing 104.50 in early trade, with peers generally contained though JPY & CHF 'outperform'EGBs and USTs continue to diverge, but ov

APAC stocks traded mostly higher as the region took impetus from the gains on Wall Street; Hang Seng and Shanghai Comp were indecisiveUS equity futures held on to the prior day's gains but lacked any significant follow-through during Asia hoursDXY continued to weaken after retreating beneath the 105

European bourses and US futures reside in narrow ranges are essentially pivoting the unchanged markDXY has managed to regroup amid an initial retreat in USTs; though, the index remains around the mid-point of a 105.04-105.42 rangeEGBs & their UK counterpart have, despite initial pressure, staged

APAC stocks traded cautiously after the lacklustre handover from Wall St where the major indices were subdued; Hong Kong outperformed European and US equity futures lacked firm direction despite an earlier approach towards the prior day's lowsDXY was marginally higher overnight, G10s were mostl

European bourses are somewhat mixed after a predominantly soft cash open, Euro Stoxx 50 -0.5%; though, the breadth of the market remains narrow.Stateside, futures are in relative proximity to the unchanged mark and are yet to meaningfully deviate from overnight ranges, ES -0.2%USD is mixed vs G10 pe

APAC stocks traded mostly lower following the tech-led rout seen on Wall Street which saw the NDX close with losses of 2%DXY was steady and held on to most of the prior day’s gain, USD/JPY was underpinned, Antipodeans attempted to nurse lossesChina will fine-tune COVID control measures and allow hom

Choppy session thus far across equities as the region looks for direction, ES circa. 4k.Followed mixed APAC trade given the hawkish Wall St. handover eased on further China COVID control adjustmentsDXY briefly eclipsed Monday's best to a 105.50 peak before fading in relatively limited newsflow and a

APAC stocks were somewhat mixed with early headwinds from Wall St where risk assets were pressured as bond yields and the Dollar gainedDXY remained above the 105.00 level, USD/JPY extended on gains with a brief foray above 137.00, and Yuan pared back some recent gainsRBA hiked its Cash Rate by 25bps

European bourses are under modest pressure, Euro Stoxx 50 -0.2%, with US futures in-fittingFollowing fairly contained APAC action though Chinese stocks outperformed amid a further easing of COVID controlsCrude benchmarks have been choppy, but are ultimately firmer post-OPEC+ and as the Russian oil c

APAC stocks traded mostly positively, although the gains for the rest of the region were limited; China outperformedSeveral Chinese cities accelerated the loosening of COVID-19 restrictions over the weekend including Shanghai and ShenzhenOPEC+ ministers formally endorsed the output policy rollover a

MON: Eurogroup; Chinese Caixin Services PMI (Nov), EZ, UK & US Composite/Services PMI Final (Nov), EZ Retail Sales (Oct), US ISM Services PMI (Nov).TUE: RBA Policy Announcement; Norges Bank Regional Network (Q4), US Georgia Runoff, EIA STEO; German Industrial Orders (Oct), EZ & UK Constructi

Equities in Europe are mostly mildly softer with the ranges particularly narrow ahead of the US jobs report; US futures in-fittingDXY is under pressure with peers modestly firmer and JPY outpacing given yield differentials and Tamura's remarksBunds are modest bid but failed to breach 143.00 with UST

APAC stocks were subdued following the uninspired lead from the US ahead of the looming NFP jobs report.European equity futures were slightly lower with the Euro Stoxx 50 future down 0.2% after the cash market closed with gains of 0.5% yesterday.DXY remains sub 105, EUR/USD breached 1.05 to the upsi

European bourses have benefited from the post-Powell surge, US futures more contained pre-dataAdditional support derived in APAC hours from China's PMIs and COVID adjustmentsDXY remains downbeat given the dovish Powell reaction, JPY is the standout beneficiary given rate differentialsEGBs are bid wi

APAC stocks took impetus from the strong rally on Wall Street (SPX +3.06%, NDX +4.58%) after Fed Chair Powell’s speech.Fed Chair Powell said it makes sense to moderate the pace of interest rate hikes, adding he does not want to over-tighten but cutting rates is not something to do soon.Chinese

European equities trade on a firmer footing following mixed leads from Wall St, with eyes set on Fed Chair PowellDXY under pressure after failing to surpass 107.00 overnight, Cable above 1.20 with antipodeans leadingYuan, base metals and COVID-sensitive areas supported following the latest China tes

APAC stocks eventually traded mostly higher although gains were capped following the subdued handover from Wall St and disappointing Chinese PMI data.European equity futures were positive with the Euro Stoxx 50 future up 0.5% after the cash market closed flat yesterday.DXY ran out of steam ahead of

European bourses trade mixed after the initial China-led optimism petered out in early European hours, Euro Stoxx 50 +0.2%.US futures are supported but off best levels ahead of Powell on Wednesday and data points thereafter, ES +0.3%USD remains underpinned above 106.00 after Monday’s Fed speak, but

APAC stocks were mostly positive with the improvement in risk appetite spurred after China protests were clamped down on by police.Fed's Bullard said markets are underpricing the risk that the Fed may be more aggressive, Williams sees a somewhat higher rate path in 2023 vs the September SEPs.Eu

Cash bourses in Europe hold the downside bias seen across APAC stocks overnight which emanated from China reporting a record increase in COVID casesStateside, futures are under similar pressure with the ES below 4000USD is under pressure as the risk tone favours JPY & others, alongside month-end

APAC stocks traded mostly lower with risk appetite sapped by the ongoing COVID-related issues in China which has resulted in public unrest.European equity futures are indicative of a lower open with the Euro Stoxx 50 future -0.6% after cash markets closed flat on Friday.DXY remains stuck on a 106 ha