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Euro Market Open: Futures are firmer after a similar APAC handover, ECB & earnings ahead
APAC stocks were mostly positive after the gains on Wall St which saw the NQ outpace peers with gains of 2%.Bank of Korea unexpectedly raised its Base Rate by 25bps to 1.50% with the decision unanimous.European equity futures are indicative of a higher open with the Euro Stoxx 50 future +0.6% after
READ STORYUS Market Open: US futures are supported post-CPI as earnings season begins, JPM & BLK feature
European bourses are pressured across the board, though US peers are faring better and positive post-CPI as earnings season begins, ES +0.3%DXY remains above the 100.00 mark posting a 100.52 high, while NZD lags in-spite of a 50bp RBNZ moveCore debt is pressured, but has staged a modest recovery fro
READ STORYEuro Market Open: APAC equity rebound though Europe points lower, earnings season gets underway
APAC stocks mostly shrugged off the weak lead from the US and rebounded from a two-day losing streak.Fed's Bullard (2022 voter) said the Fed must put the brakes on economic activity to address surging prices.European equity futures are indicative of a softer open with the Euro Stoxx 50 future -0.2%
READ STORYUS Market Open: US futures have lifted to Unch. pre-CPI, with DXY and yields elevated but off best
European Equities remain subdued but well off lows as participants await US CPI, the easing of initial pressure has US futures unchangedDXY continue to grind higher printing a 100.23 high to the mixed fortune of peers as AUD & NZD remain resilientCore debt has bounced pre-CPI as Bunds/Gilts deri
READ STORYEuro Market Open: Ongoing yield upside continues to impact equities, DXY holding above 100.00
APAC stocks followed suit to the losses across global counterparts amid higher yields and inflationary concerns.Ukraine’s Azov regiment reported the use of chemical weapons by Russian forces in Mariupol; reports are yet to be officially verified.European equity futures are indicative of a weaker ope
READ STORYUS Market Open: Equities recover to mixed performance though NQ lags amid renewed yield upside
European bourses are mixed, Euro Stoxx 50 -0.1%, with benchmarks well off lows in a choppy and yield-driven morning; US futures are in-fitting with NQ lagging amid the rate environmentCAC 40 +0.7% is the notable outperformer amid the first round of the French election where incumbent-Macron came out
READ STORYEuro Market Open: EUR fades initial French election strength while APAC trade was cautious
APAC stocks were mostly cautious amid the higher yield environment and COVID-19 woes in China with a fresh record number of daily infections in Shanghai.Russian President Putin is believed to have given himself four weeks to achieve some sort of a victory.French President Macron (27.6%) and far
READ STORYUS Market Open: Initial risk-on diminishes in quiet newsflow, DXY eclipses 100.00 as yields climb
European bourses are firmer across the board, Euro Stoxx 50 +1.5%, in a morning of quiet newsflowUS futures have given up some of their initial upside, but remain modestly firmer, ES +0.2%DXY touches 100.00 lifted amid the ongoing rise in yields with FX peers mixed, RUB resilient despite emergency r
READ STORYEuro Market Open: Choppy APAC trade with catalysts slim though Shanghai COVID cases remain high
APAC stocks were choppy and eventually conformed to a mixed picture.Shanghai will continue a new round of citywide COVID tests on Friday as the number of positive cases has remained high.European equity futures are indicative of a firmer open with the Euro Stoxx 50 future +0.8% after the cash m
READ STORYUS Market Open: DXY makes new YTD peak while debt recoups ahead of ECB Mins & BoE/Fed speak
European bourses are firmer across the board returning to post-cash open levels after a choppy morning in relatively thin newsflowExplicitly, Euro Stoxx 50 +0.7%; stateside, futures are relatively in-line with this action though the NQ, +0.5%, outperforms as the yield upside pausesDXY set a new YTD
READ STORYEuro Market Open: Downbeat sentiment echoed into APAC from Wall St., ECB minutes ahead
APAC stocks traded lower throughout most of the session as the downbeat mood reverberated from Wall Street.DXY pulled back closer towards 99.50 in early APAC hours as US yields eased; commodity-FX lagged.The FOMC minutes were hawkish with regards to the monthly caps on Treasuries/MBS and on rates.Eu
READ STORYUS Market Open: Equities drift with NQ lagging & yields advance further pre-FOMC Minutes
Equity bourses/futures have come under further pressure after a tepid APAC handover, as the NQ underperforms amid renewed yield advances pre-FOMC MinutesHowever, while ES has lost the 4500 mark it is yet to test/breach the 200-DMA at 4484Geopolitical updates have been thin and primarily focused arou
READ STORYEuro Market Open: Futures point lower after a downbeat APAC handover ahead of Fed Mins & ECB speak
APAC stocks traded lower across the board following the losses on Wall Street; S&P 500 -1.2%, Nasdaq -2.2%.European equity futures are indicative of a slightly softer open with the Euro Stoxx 50 future -0.4% after the cash market closed lower by 0.8% yesterday.DXY remains firm above 99.50 (fresh
READ STORYUS Market Open: Fleeting upside dissipates amid the latest Russian sanction plans
European bourses began the session lackluster before seeing a marginal pick up amid broader risk-on moves as Ukraine's Zelensky spoke.However, this upside was fleeting with bourses and US futures now softer, ES -0.30%, amid reports of EU sanctions touching on energy (via coal)DXY remains bid but cap
READ STORYEuro Market Open: Contained trade amid regional closures, RBA lifts AUD, Fed speak & data ahead
APAC stocks traded mixed as the region observed mass closures, with Mainland China, Hong Kong, and Taiwan all away.US equity futures traded flat with a slightly softer bias but around yesterday’s best levels.European equity futures are indicative of a slightly flat/softer open with the Euro Stoxx 50
READ STORYUS Market Open: Indecisive trade awaiting fresh catalysts with Ukraine-Russia talks set to resume
European bourses are mixed with US futures similarly contained, ES +0.1, amid limited newsflow and with a thin docket ahead.Russian Chief Negotiator said Russia's position on Crimea and Donbas remains unchanged, a draft peace agreement is not ready and talks will resume on MondayDXY continues to gri
READ STORYEuro Market Open: APAC was mixed but improved amid audit updates and ahead of Ukraine/Russian talks
Asia-Pac equities initially traded mixed, but sentiment improved; Mainland China was closed whilst Hong Kong outperformed.Russian Chief Negotiator said Russia's position on Crimea and Donbas remains unchanged and talks will resume on Monday.European equity futures are indicative of a slightly firmer
READ STORYNewsquawk Week Ahead 4-8th April. Highlights include FOMC Minutes, Services ISM, RBA, RBI
MON: EZ Sentix, US Factory Orders.TUE: RBA Policy Announcement; EZ, UK, US Comp & Services PMI (Final), US ISM Services PMI.WED: FOMC Minutes; ECB's Lane, Schnabel, de Guindos, Panetta; Fed's HarkerTHU: ECB Minutes; EZ Retail Sales, US Weekly Jobless Claims.FRI: Canada Jobs.NOTE: Previews are li
READ STORYUS Market Open: Sentiment supported amid Lavrov's remarks, NFP ahead
APAC stocks were cautious following the uninspiring lead from Wall St, where the major indices closed off their worst quarterly performance in two years and as the region digested weak data releases.European equities (Stoxx 600 +0.6%) opened marginally firmer before extending on gains after positive
READ STORYEuro Market Open: Cautious/indecisive trade after a pressured US close with key data points ahead
APAC stocks were cautious following the uninspiring lead from Wall St and regional soft data releases; S&P 500 -1.5%.UK reportedly urged Ukraine not to back down and is concerned US, France and Germany will push Ukraine to make significant concessions to Russia.DXY is on a firmer footing on a 98
READ STORYUS Market Open: Gains fade into month-end while crude continues to crumble
European equities (Eurostoxx 50 -0.3%) have faded gains seen at the open on the final trading session of the month. Futures in the US are modestly firmer as the NQ (+0.5%) marginally outpaces the ES (+0.1%)In FX, DXY has regained 98.00 status, EUR/USD eyes 1.11 to the downside and USD/JPY oscil
READ STORYEuro Market Open: Cautious trade into month-end though Europe points higher, crude pressured
APAC stocks traded cautiously at month-end following the weak lead from the US; S&P 500 -0.6%.Ukrainian negotiator said peace talks between Russia and Ukraine will resume online on April 1st.DXY attempted to nurse losses but remains on a 97 handle, JPY lags in the G10 FX space as USD/JPY trims l
READ STORYUS Market Open: Europe pressured & US indicated lower ahead of Fed speak & German inflation
European equities (Eurostoxx 55 -0.9%) trade on the backfoot as markets digest the reaction to yesterday's peace talks. Regional CPIs from Germany have seen notable jumps from priors on a M/M and Y/Y basis ahead of the mainland metric at 13:00BST/08:00EDT.The DXY has slipped below the
READ STORYEuro Market Open: Softer open indicated after a mixed handover amid differing geopolitical updates
APAC stocks traded mostly positive following the strong lead from the US which was spurred by Ukraine/Russia optimism. A western official said they haven’t seen anything so far that has demonstrated Russia is particularly serious about peace talks.The DXY remains subdued following yesterday's d
READ STORYUS Market Open: Risk-on as Ukraine-Russia talks commence and a press conference is expected later
European bourses, Euro Stoxx 50 +2.2%, are firmer across the board in a continuation of the APAC/US handover as Russian-Ukraine talks begin.Risk-on that was exacerbated by Ukrainian negotiator Podoliak noted that a ceasefire is being discussed with Russia adding a press conference is to be expected
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