The Premarket Movers & News by Newsquawk

US stocks staged a comeback from opening losses; the Nasdaq outperformed and the SPX closed higher by 1.8%APAC stocks took impetus from the gains in the US; Chinese markets were closed for Dragon Boat FestivalFed's Mester (2022, 2024 voter) said ongoing rate increases are needed including

European bourses are posting modest gains, Euro Stoxx 50 +0.6%, though volumes are lighter given UK Spring Bank HolidayStateside, futures are firmer across the board, ES +0.5%, with action similarly contained ahead of a busy PM docket featuring ADP and Fed's MesterDXY has pulled back to sub-102.50 s

APAC stocks followed suit to the subdued performance seen in global peers after the recent upside in yields and hawkish central bank rhetoric.European equity futures are indicative of a flat open with Eurostoxx 50 unchanged after the cash market closed lower by 1.0% yesterday.FX markets were contain

European bourses are mixed, Euro Stoxx 50 +0.2%, and have struggled to find a clear direction after mixed APAC trade with a busy docket ahead.Similar performance seen in US futures, looking to key data and numerous speakersDXY bid but relatively contained while EUR lifted but failed to advance much

APAC stocks traded mixed as risk sentiment only mildly improved from the lacklustre performance stateside.European equity futures are indicative of a firmer open with Eurostoxx 50 +0.6% after the cash market closed lower by 0.7% yesterday.DXY hovers around the 102 mark, EUR/USD holds on to 1.07 stat

European bourses are mixed, Euro Stoxx 50 -0.8%, with sentiment cautious after a mixed APAC handover and in wake of hot EZ CPI before Powell's meeting with Biden.Stateside, futures are pressured succumbing to the broader risk moves after initial cautious/contained trade.EZ Flash CPI for May surpasse

APAC stocks were mixed as most indices lacked firm direction following the lack of a US lead, month-end and mixed data.The EU has agreed to ban seaborne exports of Russian oil to the EU which covers more than two-thirds of Russian oil imports.European equity futures are indicative of a sof

APAC stocks gained as regional bourses resumed the risk momentum seen across global peers last weekBeijing has eased some COVID restrictions, whilst Shanghai moves closer to reopening EU failed to reach an agreement on the Russian oil embargo on Sunday and will conduct more talks on MondayEurop

MON: EZ Sentiment Survey (Apr).TUE: NBH Announcement; Japanese Jobs Report (Apr); Chinese PMIs; German Unemployment (May); EZ Flash CPI (May); Canadian GDP.WED: BoC Rate Decision; South Korean Trade Balance (May); Australian GDP (Q1); Chinese Caixin Manufacturing PMI Final (May); German Retail Sales

European bourses are firmer, Euro Stoxx 50 +0.9%, drawing impetus from APAC strength into month-end with catalysts thin thus far.Stateside, futures are supported with familiar themes in play pre-PCE Price Index for insight into the 'peak' inflation narrative; ES +0.4%.USD was initially pressured to

APAC stocks took impetus from the risk-on mood on Wall St where all major indices closed higher.European equity futures are indicative of a contained open with Eurostoxx 50 +0.1% after the cash market closed higher by 1.7% yesterday.DXY hovers around the 101.50 mark, EUR/USD has gained&nbs

European bourses are firmer across the board, Euro Stoxx 50 +0.7%, but remain within initial ranges in what has been a relatively contained sessionUS futures are relatively contained, ES +0.2%, with newsflow thin and on familiar themes following yesterday's minutes and before PCE on FridayJPY and GB

European bourses are firmer across the board, Euro Stoxx 50 +0.7%, but remain within initial ranges in what has been a relatively contained sessionUS futures are relatively contained, ES +0.2%, with newsflow thin and on familiar themes following yesterday's minutes and before PCE on FridayJPY and GB

APAC stocks were indecisive as risk appetite waned despite the positive handover from Wall St; SPX +0.95%, NDX +1.48%FOMC Minutes stated that most Fed officials backed 50bps hikes at the next couple of meetings; no mention of 75bpsEuropean equity futures are indicative of a softer open with Eur

The early optimism across the equity complex faded in European hours; Euro Stoxx 50 +0.4%US equity futures have trimmed earlier upside with contracts near the unchanged mark; ES +0.1%Buck built a base before Fed speak, Euro pulled back sharply, Kiwi held up well after RBNZ hike and higher OCR outloo

APAC stocks were mostly positive but with gains capped and price action choppy after a lacklustre lead from global counterparts.European equity futures are indicative of a higher open with Eurostoxx 50 +1.0% after the cash market closed with losses of 1.6% yesterday.DXY eyes 102 to the upside, EUR/U

European bourses are subdued following the Snap-headwind, further hawkish ECB rhetoric and disappointing Flash PMIs; particularly for the UK, Euro Stoxx 50 -0.9%.US futures are similarly subdued and the Nasdaq, -1.7%, is taking the brunt of the pressure as tech names are hit across the board, ES -1.

APAC stocks mostly declined after Snap's profit warning soured risk sentiment and weighed on US tech names.US President Biden said there is no change to the policy of strategic ambiguity regarding Taiwan.European equity futures are indicative of a weaker open with Eurostoxx 50 -0.6% after the cash m

European bourses are mixed/modestly-firmer, Euro Stoxx 50 +0.3%, as the initial upside momentum waned amid fresh China COVID updates and hawkish ECB commentaryStateside, futures are firmer but similarly off best levels, ES +0.5%, with recent/familiar themes very much in focus ahead of a thin US-spec

APAC stocks were mixed as momentum waned due to China's COVID woes and record Beijing infectionsAustralian Labor Party leader Albanese was elected as Australia’s PM and was sworn in on MondayRussian negotiator Medinsky said Russia is ready to continue stalled peace talks with UkraineEuropean equity

SAT: Australia Federal Election.SUN: Davos World Economic Forum (22nd-26th May).MON: German Ifo Survey (May); New Zealand Retail Sales (Q1); ISM Semi-Annual Economic Forecast.TUE: EZ, UK, US Flash PMIs (May).WED: FOMC Minutes; RBNZ Announcement; German Prelim CPI (May); US Durable Goods (Apr).THU: B

European indices have started the week's last trading day positively and have extended on gains in early tradeUS equity futures have also been trending higher since the reopening of futures trading overnightDXY bound tightly to 103.000, but only really firm relative to Yen on renewed risk appetiteDe

APAC stocks picked themselves up from recent losses as risk sentiment improved from the choppy US mood; S&P 500 -0.6%.European equity futures are indicative of a higher open with Eurostoxx 50 +1.1% after the cash market closed lower by 1.4% yesterday.Russia's Kremlin said Russia will demilitaris

European bourses are pressured across the board in a broader risk-off move after yesterday's Wall St. sell-offEurope not supported by the brief APAC respite on Shanghai's reopening updates, Euro Stoxx 50 -2.3%; ES -1.2%DXY is pressured as havens and antipodeans are bid on risk and fiscal/fundamental

APAC stocks were pressured on spillover selling after the worst day on Wall St in almost two years; S&P 500 -4%Shanghai Vice Mayor said Shanghai will expand work resumption in areas with no COVID risk in early June.European equity futures are indicative of a weaker open with Eurostoxx 50 -0.6% a