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Week Ahead November 28th- December 2nd: Highlights include: Eurozone CPI, US ISM, NFP, PCE
MON: Australian Retail Sales (Oct), EZ M3 (Oct), Japanese Unemployment (Oct), Retail Sales (Oct)TUE: Swiss GDP (Q3), EZ Consumer Confidence Final (Nov), German CPI Prelim. (Nov), US Monthly Home Price (Sep)WED: Chinese NBS PMIs (Nov), German Import Prices (Oct), Swiss KOF (Nov), German Unemployment
READ STORYUS Market Open: DXY recovers amid a PBoC RRR cut in otherwise holiday-sapped trade
European bourses and US futures are near the unchanged mark with newsflow limited in holiday-sapped tradeDXY has experienced a resurgence to 106+ parameters, aided by the PBoC cutting the RRR as toutedCore fixed is under pressure with Bund’s below yesterday’s trough though holding onto the 141.00 ma
READ STORYEuro Market Open: Rangebound post-Thanksgiving trade ahead of a limited schedule/session
APAC stocks traded mixed with price action mostly rangebound amid a lack of notable newsflow and Wall St. trade.European equity futures were uneventful with the Euro Stoxx 50 future -0.1% after cash market closed up by 0.4% yesterday.DXY remains on a 105 handle, EUR/USD holds on to 1.04 status, G10
READ STORYEuro Market Open: APAC sentiment underpinned post FOMC Minutes, contained trade elsewhere
APAC stocks followed suit to the gains on Wall St with risk sentiment underpinned following the FOMC Minutes which supported the view for the Fed to shift to smaller rate hike increments.China reported daily new COVID-19 cases in the mainland reached a record high and ordered a lockdown in Zhengzhou
READ STORYUS Market Open: Crude capped by price cap reports, overall sentiment tentative
European bourses are flat/mixed and have struggled for direction all morning despite fleeting hawkish reactions to the region's PMIsStateside, action is similarly ahead of a somewhat busier data docket on the last full session before ThanksgivingDXY reclaims but struggles to advance on 107.00 while
READ STORYEuro Market Open: NZD outperforms post 75bp RBNZ hike, APAC trades positive following Wall St.
APAC stocks took impetus from the positive handover from Wall St where sentiment was underpinned amid a global risk revival.European equity futures were modestly higher with the Euro Stoxx 50 future +0.3% after cash markets closed up by 0.5% yesterday.DXY trades flat just above the 107 mark, EUR/USD
READ STORYUS Market Open: Sentiment struggles for clear direction amid relatively limited newsflow
European bourses are modestly firmer, Euro Stoxx 50 +0.2%, though fresh developments have been limited and the upside itself is tentative at best.USD has lost overnight recovery momentum with peers benefiting across the board with the Kiwi leading ahead of the RBNZRangebound trade for core fixed inc
READ STORYEuro Market Open: Mixed/positive trade in an attempted recovery of Monday's action
APAC stocks were mostly positive as regional bourses attempted to recover from the recent China COVID woes.European equity futures were modestly higher overnight with the Euro Stoxx 50 future +0.2% after cash markets closed lower by 0.4% yesterday.DXY has pulled back after topping out just 
READ STORYUS Market Open: COVID controls weigh on risk appetite, US supply ahead
European bourses are pressured across the board, Euro Stoxx 50 -0.6%, as China's COVID crackdown weighs on sentimentStateside, futures are similarly impaired at the start of a holiday-thinned week with today's US docket particularly thin ex-supplyUSD has benefited from above risk-aversion with G10 p
READ STORYEuro Market Open: Sentiment slips amid fresh China COVID headwinds
APAC stocks began the week mostly lower amid headwinds from China after several areas announced fresh virus restrictions.European equity futures were softer overnight with the Euro Stoxx 50 future -0.3% after cash markets closed higher by 1.2% on Friday.DXY is back on a 107 handle with EUR/USD, Cabl
READ STORYWeek Ahead November 21-25th: Highlights include: Fed & ECB mins, PBOC, RBNZ, Flash PMI's
MON: PBoC LPR & Israel Policy Announcements; German Producer Prices (Oct), US National Activity Index (Oct), New Zealand Trade Balance (Oct), UK CBI Orders (Nov)TUE: EZ Current Account (Sep), Canadian Retail Sales (Sep), EZ Consumer Confidence Flash (Nov), US Richmond Fed (Nov), Australian PMIs
READ STORYUS Market Open: Equities firmer, USD sips and EGBs pare losses with geopolitics and TLTRO in focus
European bourses have experienced a firm bounce throughout the morning, Euro Stoxx 50 +1.2%, one which has occurred without a clear fundamental driver.Stateside, performance is much the same though magnitudes are a touch more contained, ES +0.6%.Core benchmarks are under notable pressure, downside w
READ STORYEuro Market Open: Firmer APAC trade despite a N. Korean ICBM launch
APAC stocks traded mostly firmer as sentiment somewhat picked up following the negative handover from Wall StreetDXY was choppy on either side of 106.50 but held a downside bias whilst G10s gained and the NZD and GBP outperformedEuropean equity futures were firmer overnight, with the Euro Stoxx 50 f
READ STORYUS Market Open: Sentiment slips amid a marked USD recovery, seemingly without driver
Stocks in Europe are on a mixed footing after scaling back opening gains with no clear fundamental catalyst driving price action thus far ahead of numerous events.Similar action in US futures with the ES back below 4k ahead of data, Fed speak and some corporate updates.DXY has seen an intra-day reco
READ STORYEuro Market Open: Central bank updates led the APAC narrative ahead of the UK budget
APAC stocks traded mostly lower throughout the session following the downbeat lead from Wall Street (-0.8%). DXY was choppy in a tight range and traded on either side of 106.50 after printing a 105.85-106.79 range yesterday; Yuan underperformedECB officials may favour a 50bps rate hike in Decem
READ STORYUS Market Open: Sentiment cautious amid numerous geopolitical developments ahead of several speakers
European bourses have spent much of the morning fairly contained but with a gradually increasing negative bias, as the recent rally pauses amid numerous geopolitical developments.DXY is once again on the backfoot and sub-106.00 to the modest benefit of peers, ex-JPY.The bund is currently near the un
READ STORYEuro Market Open: Stocks pressured amid a rocket landing in Poland; numerous speakers ahead
APAC stocks traded lower throughout the session but climbed off session lows as markets juggled the US PPI data and the latest geopolitical developments.Polish Foreign Ministry said a "Russian-made" rocket landed in a Polish village at 15:40 local time on TuesdayUS officials said initial findings su
READ STORYUS Market Open: BTPs bolstered, USD slips and US equity futures firmer; Fed speak ahead
European bourses are mixed overall, Euro Stoxx 50 +0.2%, as opening gains scale back after a mostly constructive APAC session.Stateside, US futures are firmer across the board with Tech leading after strong APAC tech trade and in wake of Fed's Brainard, ES +0.7%.DXY continues to slip after a pronoun
READ STORYEuro Market Open: Mixed APAC trade amid limited newsflow ahead of a busy European & US docket
APAC stocks traded mixed following a weak lead from Wall Street (S&P 500 -0.9%) with newsflow also quiet overnightChinese Retail Oct Sales contracted Y/Y, whilst Industrial Output missed expectations; Japanese Q3 GDP unexpectedly contractedDXY traded on either side of 107.00, EUR/USD and GBP/USD
READ STORYUS Market Open: DXY has reclaimed 107.00, US futures and USTs softer following Fed's Waller
European bourses are posting mild gains, Euro Stoxx 50 +0.2%, with participants awaiting the conclusion of the Biden-Xi meeting.Stateside, futures are pressured as the recent rally seemingly runs out of steam and also following Fed's Waller pushing back on the post-CPI reaction, ES -0.4%.DXY has sur
READ STORYEuro Market Open: Mixed APAC trade with Hong Kong outperforming on potential property sector support
APAC stocks traded mixed despite the positive lead from the US; Hong Kong outperformed on reports China is looking to support its property sectorDXY attempted to claw back recently lost ground but remained under 107.00; Yuan outperformed following a much stronger PBoC fixing vs FridayBitcoin decline
READ STORYWeek Ahead November 14-18th - Highlights include: G20, US retail sales, UK Autumn Statement, China activity data
Week Ahead November 14th-18th:MON: OPEC MOMR, EZ Industrial Production (Sep), Japanese GDP (Q3).TUE: RBA Minutes (Nov), IEA OMR; Chinese Retail Sales (Oct), UK Unemployment Rate (Sep), Claimant Count (Oct), Swedish CPIF (Oct), EZ Trade Balance (Sep), GDP Flash Estimate (Q3), US PPI Final Demand (Oct
READ STORYUS Market Open: Major bourses in Europe are mostly firmer following CPI-induced optimism, with added tailwinds from China easing COVID measures
Major bourses in Europe are mostly firmer following CPI-induced optimism, with added tailwinds from China easing COVID measures; FTSE 100 lags DXY tumbles with G10s all firmer against the Buck, whilst the Yuan outperforms in the EM-spaceCrude futures and base metals are extending the gains seen
READ STORYEuro Market Open: Asian stocks joined in on the global rally after US CPI data and with a further boost after China adjusted COVID protocols including shortening quarantines
APAC stocks traded with firm gains as the region followed suit to the post-CPI global stock surge which saw the Nasdaq 100 close higher by 7.5%.Chinese stocks were boosted in late trade after China relaxed some of its COVID protocols for close contacts and inbound travel.European equity futures
READ STORYUS Market Open: Pre-CPI lull seen across markets, while crypto attempt to claw back recent losses
Major European bourses mostly hold a downward bias following weak handovers from Wall Street and then APAC; US futures are flatIn FX, DXY found a base just above 110.00 before making its way to 111.00; GBP outperforms and the EUR lagsFed’s Kashkari said any talk of a pivot is premature and added tha
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