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US Market Open: Sentiment slips amid downbeat Ifo commentary and a resilient USD, key earnings ahead
European bourses are on the backfoot despite a firmer open as participants digest numerous heavyweight earnings and the latest Ifo ahead of key US printsUS futures in-fitting directionally ahead of numerous key releases, including Alphabet & MicrosoftDXY remains in proximity to 112.00, though of
READ STORYEuro Market Open: Predominantly firmer APAC trade with JPY stable and CNH softer, key earnings ahead
APAC stocks eventually traded mostly higher following a firm lead from Wall Street; Chinese stocks experienced a choppy sessionDXY traded under 112.00, USD/JPY was relatively stable, CNH weakened on the PBoC fixingSouth Korean President Yoon said North Korea has completed preparations for a sev
READ STORYUS Market Open: US equity futures have recovered to near unchanged, USD remains bid, PMIs ahead
Equities are firmer in Europe and back to flat for US futures, as mixed APAC trade and PMI pressure eases a touchUSD has regrouped from Friday's dovish-downside though GBP outperforms while JPY has eased from best following pronounced APAC actionBonds back off after early EU buying frenzy; with Gilt
READ STORYEuro Market Open: Mixed APAC trade as delayed Chinese data is released and Xi secures a 3rd term
APAC stocks traded mixed, Hong Kong underperformed and its tech stocks slumpedChinese President Xi secured a third term as CCP leader as expected; the delayed Chinese economic data was releasedIn FX, DXY reclaimed a 112.00 handle, Japan is touted to have intervened in FX markets on Monday, GBP outpe
READ STORYWeek Ahead October 24-29th. Highlights include ECB, BoC, BoJ, PMIs, Aus CPI, Tory Leadership Race
MON: EZ/UK/US Flash PMIs (Oct)TUE: NBH Announcement, German Ifo Survey (Oct), US CaseShiller (Oct)WED: BoC Announcement, BCB Announcement, Australian CPI (Q3), US Adv Goods Trade BalanceTHU: ECB Announcement, South Korean GDP (Q3), German GfK Consumer Sentiment (Oct), German Flash CPI (Oct), US GDP
READ STORYUS Market Open: Sentiment slips & NQ lags while DXY climbs and USD/JPY breaches 151.00
Equities began the session on the backfoot and have extended to the downside, with the NQ lagging stateside post-SNAP.SNAP -25% in the pre-market; TWTR -8%, with the US reportedly to review Musk's dealUSD continues to climb with the index above 113.50 at best while USD/JPY tests 151.00 and Cable nea
READ STORYEuro Market Open: Cautious APAC trade seen echoing into Europe, Fed's Williams ahead
APAC stocks traded cautiously with the region lacking firm direction following the weak lead from Wall Street (S&P -0.8%).European equity futures are indicative of a lower open with the Euro Stoxx 50 future -1.0% after the cash market closed with gains of 0.6% yesterday.DXY reclaimed 113, cable
READ STORYUS Market Open: US futures softer, TSLA -5.0%; GBP pressured awaiting Truss' fate & after Broadbent
European cash bourses trade mixed with the breadth of the market narrow, US futures softer though off lows and variedTSLA -5.0% in the pre-market post-earnings; in Europe, Ericsson and Nokia hit on marginsPound pressured alongside PM Truss and after BoE's Broadbent, USD/JPY through 150.00 while DXY
READ STORYEuro Market Open: APAC pressure eased somewhat on China COVID reports; TSLA -6% post-earnings
APAC stocks were pressured following the weak handover from Wall Street (S&P 500 -0.7%). Tesla was lower by 6.3% post-earnings after-hours. China is reportedly mulling cutting inbound quarantine to 7 days from 10 days, according to Bloomberg.European equity futures are indicative of a
READ STORYUS Market Open: US futures bid, but off best; DXY takes 112.50 & debt under modest pressure
Equities in Europe are mostly lower despite initial positive performance; US futures bid, but shy of best.European earnings include ASML & Nestle; NFLX +13% in pre-market following their after-hours updateFranc flounders as Dollar rebounds alongside bear-steepening in US Treasuries, USD/CHF prob
READ STORYEuro Market Open: Mixed trade amid AAPL reportedly cutting iPhone 14+ production, more earnings loom
APAC stocks were mixed following the choppy performance stateside where major indices wobbled on news that Apple cut iPhone 14 Plus production.US futures were supported after Netflix beat on top and bottom lines and more than doubled expected quarterly net subscriber additions.European equ
READ STORYUS Market Open: Gilts & GBP pressured as the BoE pushed back on the FT's QT delay report
Equity bourses in Europe trade with gains across the board but are off best levels; US futures are faring betterNZD leads after strong CPI while GBP lags as the BoE pushes back on QT delay reports, DXY firmer but off bestYen pares some losses from under 149.00 against the Dollar amidst some unsubsta
READ STORYEuro Market Open: Firmer equity open indicated, BoE is reportedly to delay QT until Gilts calm
APAC stocks were positive with the region inspired by gains in global counterparts (SPX +2.66%).European equity futures are indicative of a higher open with the Euro Stoxx 50 future +1.2% after the cash market closed with gains of 1.8% yesterday.BoE is reportedly expected to further delay quantitati
READ STORYUS Market Open: Risk recovers from APAC pressure, UK assets buoyed pre-Hunt
European bourses see a choppy session but have tilted towards the green after experiencing a mixed cash open.US equity futures see gains across the board following the steep losses on Friday - with the NQ and RTY narrowly outperforming.Gilts gap-up and lead the way ahead of a potential "mini-Budget"
READ STORYEuro Market Open: Wall St risk off continued into APAC trade, GBP supported ahead of Hunt's speech
APAC stocks were softer across the board after US stocks sold off on Friday, with losses broad-basedDXY was indecisive around the 113.00 level, GBP/USD reclaimed the 1.1200 status with the currency underpinned following the fiscal U-turns in the UK and after BoE Governor BaileyBoE Governor Bailey sa
READ STORYWeek Ahead October 17-21st: Highlights include China CCP Congress; Inflation data from UK, NZ, EZ, Japan, Canada
SUN:: Chinese CCP National Congress.MON: New Zealand CPI (Q3).TUE: RBA Minutes, Chinese GDP (Q3)/Retail Sales (Sep)/Industrial Output (Sep), German ZEW Survey (Oct).WED: UK Inflation (Sep), EZ Final CPI (Sep), Canadian CPI (Sep).THU: PBoC LPR Announcement, CBRT Announcement, Bank of Indonesia Announ
READ STORYUS Market Open: Gilts soar amidst further reports that some UK economic plans may be reversed; European bourses trade on a firmer footing
European bourses trade on a firmer footing in an extension of yesterday’s gains; US futures are more containedDXY hovers around 113.00; GBP sits as the laggard as it unwinds some of the prior day's gains, USD/JPY topped yesterday's high of 147.67Gilts are back above 97.00 amidst further reports that
READ STORYEuro Market Open: Asia stocks took impetus from Wall St's aggressive rebound, while Chinese trade data looms
APAC stocks took impetus from the aggressive rebound on Wall St (SPX +2.6%) where stocks made a remarkable comeback from the initial CPI-related selling.European equity futures are indicative of a higher open with the Euro Stoxx 50 future +1.8% after the cash market closed with gains of 0.9% ye
READ STORYUS Market Open: European bourses saw a choppy start to the session but have since been trending higher; DXY dipped under 113.00
European bourses saw a choppy start to the session but have since been trending higher, with US futures are moving in tandemDXY declined under 113.00 as GBP strengthened; EUR and Antipodeans gain whilst USD/CNH tested 7.2000 to the upsideUS Treasuries are observing some caution whilst EU bonds trim
READ STORYEuro Market Open: Asia traded cautiously after mixed FOMC Minutes and as US CPI looms
APAC stocks traded cautiously following the soft handover from Wall Street post-PPI and FOMC minutes.FOMC minutes noted that officials judged they needed to move to and maintain a more restrictive policy stance, although several participants noted that risks could become more two-sided.European equi
READ STORYUS Market Open: US equity futures trade on a firmer footing with the ES back above 3600, GBP outperforms whilst JPY lags
European bourses saw a choppy start to the session, but have since titled to the upside; US equity futures trade on a firmer footing with the ES back above 3600GBP was volatile but currently stands as the outperformer, DXY is softer but off worst levels, USD/JPY to a fresh 2022 and multi-year bestBo
READ STORYEuro Market Open: Markets were on edge amid conflicting BoE signals; DXY pulled back as GBP strengthened post-hints of a Gilt purchase extension
APAC stocks were subdued with price action indecisive as the region took its cue from the choppy performance and late selling stateside.BoE Governor Bailey appeared to reject industry calls for an extension to Gilt purchases. However, an FT report later suggested that purchases could be prolong
READ STORYUS Market Open: Sentiment across markets sullied with the ES Dec'22 dipping under 3,600; DXY tested 113.50 to the upside
European bourses are once again underwater; US futures are also on the backfoot with the ES Dec'22 contract dipping below 3600DXY is firmer on the day with a current intraday high of 113.50, G10s are mixed vs the USD with the CAD and AUD the laggardsSchatz and Bund futures both retreated to new intr
READ STORYEuro Market Open: Asian stocks were mostly lower as several markets reacted to recent bearish themes including US curbs against China on return from the long weekend
APAC stocks traded with a negative bias as several markets returned from the long weekend and reacted to the recent bearish themes.European equity futures are indicative of a lower open with the Euro Stoxx 50 future -0.6% after the cash market closed with losses of 0.6% yesterday.DXY extended above&
READ STORYUS Market Open: European bourses kicked the week off on the backfoot but have since trimmed losses; DXY extends on gains
European bourses kicked the week off on the backfoot but have since trimmed losses; US equity futures are mostly softer but off lows.DXY extends on Friday's gains with the index back above the 113.00 mark, AUD lags and USD/CNH topped 7.1500.Bunds and US Treasuries are off best levels amidst hawkish
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