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Euro Market Open: Mixed overnight performance amid closures, AUD leads post-RBA hike
APAC stocks were unable to benefit from the late rally on Wall St. and traded mixed amid key market closures.RBA hiked rates by 25bps to 0.35% (exp. 15bps hike). RBA said it will require a further lift in interest rates during the period ahead.European equity futures are indicative of a firmer open
READ STORYUS Market Open: Subdued European performance amid PMIs, COVID concerns and holiday closures
European bourses are lower across the board, Euro Stoxx 50 -1.60%, following a subdued APAC handover amid holiday-thinned conditions, soft data and COVID concerns.German Final Manufacturing PMI; "The survey's output index is now in contraction territory for the first time since the initial COVID shu
READ STORYEuro Market Open: Pressured APAC session amid holidays, soft data & before key risk events
APAC stocks declined amid mass holiday closures, weak Chinese PMIs and upcoming key risk events.Germany could end its dependence on Russian oil by the end of summer, according to reports.European equity futures are indicative of a weaker open with Eurostoxx 50 -1.3% after the cash market closed high
READ STORYWeek Ahead: Highlights include FOMC, BoE, RBA, Norges, OPEC+; ISM, NFP, US Quarterly Refunding
SUN: Chinese Labour Day Holiday (May 1-4).MON: German Industrial Orders (Mar) and Retail Sales (Mar); EZ, and US Final Manufacturing PMIs (Apr); US ISM Manufacturing PMI (Apr); UK Bank Holiday; Japanese Holiday.TUE: RBA Announcement; South Korean CPI; German Unemployment (Apr); EZ Producer Prices (M
READ STORYUS Market Open: European equities remain on the front foot; DXY pulls back
European equities remain on the front foot on the last trading day of the monthState-side futures were dented overnight amid after-hours losses in Amazon and AppleDollar bulls book profits into month end and DXY pulls back further from near 104.000 peakCBR opted for a bigger-than-forecast 300bp rate
READ STORYEuro Market Open: APAC stocks gained after the firm lead from the US; DXY pulled back from recent highs
APAC stocks gained after the firm lead from the US but with advances in the region capped by disappointing earnings from Amazon and Apple.European equity futures are indicative of a higher open with Eurostoxx 50 +1.5% after the cash market closed higher by 1.1% yesterday.DXY has pulled back fro
READ STORYUS Market Open: Equities in Europe continue to gain; DXY bull run continues
Equities in Europe continue to gain heading into month-end, with overall sentiment across stocks bolsteredUS equity futures are firmer across the board, with the NQ clearly outpacing its peers; Meta +17% pre-marketBoJ maintained policy settings and forward guidance, will conduct fixed-rate JGB
READ STORYEuro Market Open: APAC stocks were higher across the board; FX pairs breach key levels
APAC stocks were higher across the board amid a slew of earnings updates and a dovish BoJ; US futs were supported by Meta (+18.3% after-hours).BoJ maintained policy settings and forward guidance, will conduct fixed-rate JGB buying operations on every working day.Russia is planning referendums o
READ STORYUS Market Open: European stocks recovery; DXY holds above 102.50
European bourses recovered from the losses seen at the cash open, with the region currently posting board-based gainsUS equity futures see slightly more pronounced gains vs Europe following yesterday’s hefty lossesGreenback continues to grind higher in its guise of global reserve and prime safe have
READ STORYEuro Market Open: APAC stocks were mostly negative; DXY remained above 102
APAC stocks were mostly negative after the heavy losses in the US; SPX -2.81%, NDX -3.87%US Secretary of State Blinken said the US has not yet seen a sign that Russian President Putin is serious regarding meaningful negotiations on Ukraine.European equity futures are indicative of a softer open with
READ STORYUS Market Open: European stocks feel reprieve, DXY eyes 102.000, crude wanes, and debt climbs
European bourses feel some reprieve following the bout of selling seen in recent sessionsUS equity futures trade relatively flat with a mild downside bias after trimming earlier lossesRussian Foreign Minister Lavrov said Russia will continue peace talks with Ukraine; Germany will make an announcemen
READ STORYEuro Market Open: APAC stocks rebounded, DXY pulled back
APAC stocks were mostly higher with bourses in the region encouraged after the rebound on Wall Street; S&P 500 +0.6%, NDX +1.3%.Russian Foreign Minister Lavrov said Russia will continue peace talks with Ukraine.Twitter (TWTR) is to be bought by Elon Musk for USD 44bln or 54.20/shr in c
READ STORYUS Market Open: European cash markets kicked off the week lower across the board
European cash markets kicked off the week lower across the board with a relatively broad-based performance seen across the majorsTwitter is reportedly re-examining Elon Musk’s bid in which a potential deal could be made as early as this week, WSJ sourcesStateside futures are lower in tandem with the
READ STORYEuro Market Open: APAC stocks traded negatively after last Friday's stock rout
APAC stocks traded negatively after last Friday's stock rout on Wall Street; S&P 500 posted its worst day since March 7th.Ukraine offered Russia a special round of talks to be held in Mariupol.European equity futures are indicative of a lower open with Eurostoxx 50 -1.7% after the cash market cl
READ STORYWeek Ahead 25-29th April: Highlights include US PCE, US Employment Costs, US Advance GDP, EZ Flash CPI, Aussie CPI, BoJ, Riksbank, CBR
MON: German Ifo (Apr), US National Activity Index (Mar).TUE: NBH Policy Announcement; Japanese Unemployment (Mar), UK PSNB (Mar), US New Home Sales (Mar).WED: Chinese Industrial Profits (Mar), Australian CPI (Q1), German GfK (May), New Zealand Trade Balance (Mar).THU: BoJ & Riksbank Policy Annou
READ STORYUS Market Open: Europe reacts to hawkish Central Bank commentary after APAC/Wall St. pressure
Equities are pressured across the board with Europe reacting to hawkish Central Bank commentary and the subsequent subdued APAC/Wall St. handoverUS futures are modestly softer after pivoting contained APAC parameters, today is the last day before Fed blackoutDXY continues to climb printing fresh YTD
READ STORYEuro Market Open: Yields continue to climb amid Central Bank commentary, impacting equities
APAC stocks were negative on spillover selling from Wall St with risk sentiment sapped amid higher yields.Ukrainian President Zelensky said Russia rejected a proposal for an Easter truce, according to Reuters.European equity futures are indicative of a lower open with Eurostoxx 50 -1.8% after the ca
READ STORYUS Market Open: EUR leads and debt recedes after de Guindos; Powell, Lagarde & Bailey ahead
European bourses and US futures are bolstered, ES +0.8%, with currency dynamics lifting EZ bourses and after-market earnings assisting, TSLA +7%DXY is pressured amid EUR advances following ECB’s de Guindos saying a July hike is possible, also sparked noted debt downsideMore broadly, FX sees some div
READ STORYEuro Market Open: Mixed trade with catalysts limited, Ukraine is ready to hold Mariupol negotiations
APAC stocks followed suit to the mixed performance on Wall St amid a lack of fresh macro drivers.Kyiv is ready to hold a special round of negotiations in Mariupol without conditions, according to Reuters.European equity futures are indicative of a slightly higher open with Eurostoxx 50 +0.3% after t
READ STORYUS Market Open: Continued pickup in broad equity performance as yields recede & DXY slips; NFLX -26%
European bourses and US futures were choppy at the commencement of the European session, but, have since derived impetus in relatively quiet newsflow amid multiple earnings and as yields continue to ease; ES Unch.NFLX lower by 26% in the pre-market as subscriber numbers fall; TSLA due after the clos
READ STORYEuro Market Open: Predominantly positive APAC trade with LPRs U/C, NFLX slumps as subscribers fall
APAC stocks eventually traded mostly positive after the firm handover from the US which saw a solid performance for the NDX.The PBoC defied expectations for a cut to its benchmark lending rates.Netflix shares fell 26% after-hours as subscribers declined for the first time in over a decade.European e
READ STORYUS Market Open: Equities are negative across the board as yields climb while USD/JPY soars
European bourses and futures are negative across the board, ES -0.3%, as initial contained trade gave way under further yield advances, NQ -0.4% lags as suchDXY remains above 100.00 but has swung between gains & losses as peers, ex-JPY, saw a shortlived pickup across the boardUSD/JPY has continu
READ STORYEuro Market Open: Mixed APAC performance as trade picks up with the JPY notably hampered
APAC stocks saw a mixed performance as more markets reopened and trade picked up from the holiday lull.European equity futures are indicative of a weaker open with Eurostoxx 50 -0.7% on return from the holiday weekend.Ukraine's armed forces command said Russia's main military focus is on taking
READ STORYWeek Ahead 18-22nd April: Highlights include China data, PBoC LPR, Flash PMIs
MON: Chinese GDP (Q1), Industrial Production (Mar) & Retail Sales (Mar)TUE: RBA Minutes (Apr); US Building Permits/Housing Starts (Mar)WED: PBoC LPR; Japanese Trade Balance (Mar), EZ Trade Balance (Feb), Canadian CPI (Mar), US Existing Home Sales (Mar), New Zealand CPI (Q1)THU: CBRT Minutes (Apr
READ STORYUS Market Open: TWTR soars on Musk's offer, while DXY & Debt retreat further; key risk events ahead
European bourses are modestly firmer, but off best levels, with US futures contained ahead of risk eventsUS futures remain in narrow parameters before Retail Sales and GS/MS earnings; TWTR flies on Musk’s offer to buy at USD 54.20/shrDXY pressured and slipping further from 100.00, NZD bounces, EUR g
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