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17 Jun 2022 · 12:33

Newsquawk Week Ahead 20-24th June: Highlights include PBoC LPR, RBA Minutes, Global PMIs, UK Inflation, Norges, CBRT and Banxico Rate Decisions

MON: PBoC LPRTUE: New Zealand Trade Balance (May); Canadian Retail Sales (Apr); RBA MinutesWED: CNB Announcement; UK Inflation (May); Canadian Inflation (May)THU: Norges Bank Announcement; CBRT Announcement; Banxico Announcement; EZ/UK/US Flash PMIs (Jun)FRI: Japanese CPI (May); UK Retail Sales (May

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17 Jun 2022 · 10:45

US Market Open: JPY hampered as BoJ remains steadfast; Quad Witching & Powell ahead

European bourses are now firmer across the board, Euro Stoxx 50 +1.2%, as performance picks up following a mixed open amid comparably quiet newsflowUS futures are in-fitting though the overall complex is cognisant of Quad Witching & Chair PowellDXY bid as the JPY tumbles amid the BoJ bucking the

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17 Jun 2022 · 05:50

Euro Market Open: BoJ bucks the trend and remains steadfast, pressuring JPY; Powell ahead

APAC stocks mostly suffered firm losses amid the global risk-aversion which saw the S&P 500 close lower by 3.1%.BoJ kept policy settings unchanged as expected and will keep offering to buy 10yr JGBs at 0.25%.DXY has reclaimed 104 status, JPY is the clear laggard in G10 FX, EUR/USD sits on a

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16 Jun 2022 · 10:45

US Market Open: CHF lifted, sentiment dented and yields lifted following a surprise 50bp SNB hike

European bourses and US futures are hampered following a surprise SNB hike, with pronounced price action seen across assetsSNB hikes by 50bp to -0.25% and cannot rule out further increases ahead; sparking noted CHF appreciationDXY is well off best levels, but has recouped 105.00 as activity currenci

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16 Jun 2022 · 05:50

Euro Market Open: Mixed/positive trade after the FOMC-induced rally; BoE & SNB ahead

APAC stocks were mostly positive and followed suit to the gains on Wall Street post-FOMC; SPX +1.46%The Fed hiked rates by 75bps and lifted its FFR projections, Fed Chair Powell said he does not expect 75bps moves to be commonEuropean equity futures are indicative of a positive open with Eurost

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15 Jun 2022 · 10:50

US Market Open: EUR bid and the BTP-Bund spread narrows amid an ad-hoc ECB meeting, pre-FOMC

US futures are firmer across the board, ES +0.3%, though overall action here is more contained than in Europe given the FOMC loomsEuropean bourses are supported amid an ad-hoc ECB meeting on current market conditions, an update which bolstered the EUR and narrowed the BTP-Bund spreadHowever, the spr

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15 Jun 2022 · 05:50

Euro Market Open: Mixed trade with FOMC ahead and just-announced ad-hoc ECB meeting

APAC stocks traded mixed following a mostly negative US lead and better-than-expected Chinese activity data.European equity futures are indicative of a mildly positive open with Eurostoxx 50 +0.3% after the cash market closed with losses of 0.8% yesterday.DXY is relatively flat ahead of the European

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14 Jun 2022 · 10:55

US Market Open: European & US futures diverge, DXY slips and yields flatten awaiting Fed clarity

European bourses began on the front-foot; however, the ‘turnaround’ was shortlived with bourses now red across the board, Euro Stoxx 50 -0.8%.Stateside, futures remain modestly positive, ES +0.4%, awaiting clarity from the Fed amid increasing speculation of a 75bp moveDXY continues to slip with peer

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14 Jun 2022 · 10:55

US Market Open: European & US futures diverge while DXY slips and yields flatten awaiting Fed clarity

European bourses began on the front-foot; however, the ‘turnaround’ was shortlived with bourses now red across the board, Euro Stoxx 50 -0.8%.Stateside, futures remain modestly positive, ES +0.4%, awaiting clarity from the Fed amid increasing speculation of a 75bp moveDXY continues to slip with peer

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14 Jun 2022 · 05:50

Euro Market Open: APAC pressure following Monday's rout and growing calls for a 75bp Fed move

APAC stocks were pressured following the global stock and bond slump; S&P 500 -3.9%, NQ -4.6%A WSJ piece noted the Fed is likely "to consider surprising markets with a larger-than-expected 0.75-percentage-point interest rate increase at their meeting this week".European equity futures are indica

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13 Jun 2022 · 10:45

US Market Open: Broad-based, inflation induced, selling pressure amid fresh China-COVID concerns

European bourses are hampered across the board, Euro Stoxx 50 -2.5%, in a continuation of the fallout from Friday's US CPI and amid fresh COVID concerns in China.US futures are in-fitting with this price action, ES -2.4% (sub-3800 at worst), ahead of the FOMC where the likes of Barclays now look for

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13 Jun 2022 · 05:50

Euro Market Open: US inflation impaired APAC trade with Europe indicated lower once more

APAC stocks declined across the board following the hot US CPI and amid fresh COVID concerns in China.European equity futures are indicative of a lower open with Eurostoxx 50 -1.5% after the cash market closed with losses of 3.4% on Friday.DXY held on to recent gains, EUR/USD is back below 1.05 and

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10 Jun 2022 · 13:41

Newsquawk Week Ahead 13-17th June: Highlights include FOMC, BoE, BoJ and China activity data

MON: UK GDP Estimate (Apr).TUE: UK Jobs Data (Apr/May); Swedish CPI (May); German ZEW Survey (Jun); US PPI (May); OPEC MOMR.WED: FOMC Announcement; BCB Announcement; Chinese Industrial Production and Retail Sales (May), French CPI (May), US Retail Sales (May), New Zealand GDP (Q1); IEA OMR.THU: BoE

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10 Jun 2022 · 10:30

US Market Open: Contained US trade pre-CPI, Europe pressured on APAC readacross

European bourses are pressured in a continuation of the APAC handover, Euro Stoxx 50 -1.6%US futures are mixed/flat for the most part, ES -0.2%, ahead of the US CPI releaseDXY is bid but off 103.49 best levels while antipodeans/JPY outperform as GBP and CAD lagBTP-Bund yield spread continues to grad

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10 Jun 2022 · 05:50

Euro Market Open: Subdued tone reverberated into APAC trade, US CPI ahead

APAC stocks were mostly negative after the glum mood rolled over from global counterparts (S&P 500 -2.4%)European equity futures are indicative of a lower open with Eurostoxx 50 -0.9% after the cash market closed with losses of 1.7% yesterdayDXY is softer but maintains 103 status, EUR/USD remain

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9 Jun 2022 · 10:45

US Market Open: Relatively contained/choppy trade thus far with the ECB ahead

Equities are, overall, struggling for clear direction in relatively cautious trade going into ECB; Euro Stoxx 50 -0.5%Bourses, and US futures, were lifted amid further constructive China tech developments, this time for Ant; albeit, we have drifted modestly off best since, ES +0.3%DXY remains in pro

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9 Jun 2022 · 05:50

Euro Market Open: Cautious trade with ECB today and US CPI on Friday

APAC stocks were subdued following a weak handover from the US and with sentiment cautiousDXY faded the prior day's marginal gains; G10s were broadly flat with some modest outperformance in the JPYThe White House said it expects elevated inflation numbers to be released on Friday, accordin

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8 Jun 2022 · 10:45

US Market Open: Equities trimmed initial upside with newsflow sparse while JPY slumps & debt dips

European bourses have trimmed initial upside, Euro Stoxx 50 -0.2%, with macro newsflow limited and the initial strength primarily a continuation of APAC/Wall St. leads.Stateside, futures are modestly pressured overall but well within overnight ranges ahead of a slim docket; ES -0.4%.USD/JPY continue

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8 Jun 2022 · 05:50

Euro Market Open: Wall St. strength reverberated into APAC trade; USD/JPY above 133.00

APAC stocks were mostly higher following the gains on Wall St and optimism of China easing its tech crackdownDXY was rangebound near 102.50, USD/JPY printed fresh 20-year highs above 133.00, and Antipodeans saw late pressureRBI hiked by 50bps to 4.90% (exp. 40bps hike) via unanim

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7 Jun 2022 · 10:40

US Market Open: Modest pressure in equities; debt bid, but off best; AUD contained post-50bp hike

European bourses are modestly pressured, Euro Stoxx 50 -0.9%, with newsflow relatively limited once more and participants looking ahead to the week's risks eventsStateside, futures are in-fitting directionally, but magnitudes marginally more contained ahead of a sparse US-specific docketAUD is conta

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7 Jun 2022 · 05:50

Euro Market Open: AUD trims RBA 50bp induced gains; sentiment cautious into the week's risk events

APAC stocks traded cautiously amid upside in yields and ahead of upcoming risk events. European equity futures are indicative of a weaker open with Eurostoxx 50 -0.9% after the cash market closed higher by 1.5% yesterday.DXY remains firmer above 102.50, EUR/USD is back below 1.07 and RBA-i

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6 Jun 2022 · 10:30

US Market Open: Risk-on with fresh catalysts thin and focused on APAC developments and UK politics

European bourses are bolstered in limited newsflow as participants recoup from post-NFP pressure amid multiple China-related developmentsUS futures in-fitting with this performance and aided by the incremental China COVID developments alongside a pick-up in the regions PMIsGBP is bid, but off highs,

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6 Jun 2022 · 05:51

Euro Market Open: APAC stocks traded mixed following last Friday's post-NFP losses on Wall St

APAC stocks traded mixed following last Friday's post-NFP losses on Wall St; European equity futures are indicative of a firmer openDXY traded flat overnight but remained above the 102.00 level; G10s were uneventful China’s Beijing will continue to roll back its COVID-19 restrictions in most di

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3 Jun 2022 · 13:49

Newsquawk Week Ahead Preview 6-10th June: Highlights include US CPI, China CPI, ECB, RBA

MON: Chinese Services PMI Final (May).TUE: RBA Announcement; EZ Sentix (Jun); EIA STEO.WED: RBI Announcement; NBP Announcement; Japanese GDP Final (Q1); EZ Employment Final (Q1) and GDP (Q1 Revisions).THU: ECB Announcement; Chinese Trade Balance (May).FRI: CBR Announcement; Chinese Inflation (May);

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3 Jun 2022 · 10:45

US Market Open: Contained European trade though US futures are softer & NQ lags given TSLA

European cash bourses are trimming the Wall Street-induced gains seen at the open; US futures posting modest lossesNQ lags amid TSLA, -3.7% pre-mkt, CEO reportedly calling for a 10% staff reduction and saying he has a "super bad feeling" re. the economyDXY relatively rangebound, but inching higher o

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