The Premarket Movers & News by Newsquawk

Asia-Pac equities traded mostly higher; US equity futures held onto mild gainsIn FX, DXY was subdued, EUR/USD and GBP/USD probed 1.1300 and 1.3550 respectivelyFed's Bullard (hawk, voter) said the first rate hike could come in March and said the balance sheet run-off should start shortly afterChina m

European bourses are pressured, Stoxx 600 -1.0%, following a downbeat APAC handover given the FOMC Minutes spillover; NQ, -0.4%, continues to lagEuropean Banking names are the primary outperformer given yield action as the US 10yr nears 1.75% and the German equivalent 0.00% (best -0.033%)DXY is posi

Asia-Pac equities succumbed to the downbeat handover from Wall Street after the FOMC minutesFOMC minutes said rate lift-off may be warranted sooner or at a faster pace than was earlier anticipatedFOMC minutes noted that Fed balance sheet reduction could come relatively soon after rate lift-offFed Fu

European bourses are mixed and fairly contained while US futures faded a brief moved into positive territory amid minimal newsflow; ES -0.10%, NQ -0.4% currently lagsDXY is downbeat but is yet to test 96.00 to the downside with G10 peers, ex-CAD given crude, buoyed and JPY outperforming after yester

Asia-Pac equities traded mostly in the red and US equity futures were subduedFX, fixed income, crude and precious metals were more contained overnightFed's Kashkari (2023 voter) expect the Fed balance sheet to come down, but not to pre-pandemic levelsNorth Korea fired a projectile which landed outsi

European bourses are firmer, Euro Stoxx 600 +0.8%, amid minimal fresh newsflow; ES +0.4%Asia-Pac stocks traded mixed; Mainland China and Hong Kong underperformedDXY was supported as USD/JPY took out its 2021 high and nears 116.00; though, the DXY did briefly dip on GBP upside given associated yield

Asia-Pac stocks eventually traded mixed; Mainland China and Hong Kong underperformedUS and Eurozone equity majors kicked off 2022 with gains; Apple briefly hit USD 3tln market capDXY was supported as USD/JPY took out its 2021 high; AUD was underpinned by firmer coal pricesChina is requiring security

Asia-Pac equities mostly rose in tandem with the gains seen on Wall StreetIn FX, the DXY retained 96.00+ status, USD/JPY met sellers at 114.50, others were uneventfulData suggests protection against Omicron COVID variant starts to wane 10 weeks after booster vaccinationJapan will not send top govern

A firmer but contained start for European bourses following a similar APAC handover; US futures are positive but in a holding pattern pre-dataIn FX, the DXY has been pressured to near 96.00 at worst to the benefit of peers as Cable reclaims 1.3400 sending EUR/GBP below 0.8450UK PM Johnson will not m

Asia-Pac equities traded modestly higher amid some tailwinds from Wall StreetUS equity futures resumed trade relatively flat with an upside biasIn FX, DXY held onto 96.000, EUR/USD narrowly outperformed, TRY saw later strengthUK and Scottish studies suggested the risk of hospitalisation from the Omi

European bourses and US futures remains contained in idle trade ahead of US data in holiday-thinned conditions; ES -0.2%In FX, the DXY is pressured sub-96.50 but hasn't deviated too far from the mark with peers, ex-JPY, benefitting; core debt continues to driftUK HSA real-world Omicron data will be

An indecisive tone was seen across APAC markets overnightUS equity futures traded flat with a downside biasIn FX, DXY traded on either side of 96.500, USD/JPY briefly dipped under 114.00 and AUD/JPY drifted lowerOxford and AstraZeneca are working on an Omicron-targeted version of their vaccineUK PM

Sentiment remains positive after a constructive APAC handover, though crude has been choppy and EGBs have seemingly decoupled from brief/broader risk jittersEuropean bourses are firmer though gains have trimmed since the cash open while US futures remain bid; ES +0.6%, RTY, +0.1%, lags somewhatIn FX

Asia-Pac stocks traded with mild gains following the downbeat lead from Wall StreetUS equity futures edged higher overnight, with the NQ the outperformer and the RTY posting the shallowest gainsIn FX, DXY drifted under 96.500, NZD narrowly outperformed and USD/TRY slumped under 14.0000The first US d

European bourses are pressured, but off lows Euro Stoxx 50 -1.4%, in risk-off trade as further COVID restrictions are implemented/toutedAlbeit, sentiment picked up on Moderna's (+5.4% pre-mrkt) prelim. booster update ahead of a 13:00GMT/08:00EST press conferenceModerna's prelim. booster data shows a

Asia-Pac equities traded lower across the board following the volatile session on Wall Street on FridayUS equity futures saw losses overnight whilst T-note futures edged higherIn FX, DXY held onto most of Friday’s gains, USD/JPY eventually dipped under 113.50, TRY saw early weaknessUS Senator Manchi

Equities are pressured after a downbeat APAC handover with Quad Witching in focus; ES -0.4%, NQ -0.8%In FX, the DXY has staged a marked recovery retaking 96.10 to the broad detriment of peers; Cable loses 1.3300, EUR/USD nears 1.1300WTI and Brent are pressured given broader risk appetite and seeming

Asian equity markets were mostly lower with sentiment in the region downbeat after the tech-led declines in the USIn FX, DXY dipped back under 96.00, EUR/USD eyed 1.1350 and USD/JPY briefly dipped below 113.50UK will reportedly drop key ECJ demand in an effort to de-escalate tensions with the EUUK C

European equities are firmer across the board; US futures extend on post-FOMC gainsIn FX, DXY has pulled back further, high-betas outperform and havens lagTRY again weakened as Turkish President Erdogan replaced two deputy finance ministersLooking ahead, highlights include BoE, ECB, Banxico, press c

The FOMC doubled the QE tapering pace and now sees three rate hikes in 2022; Fed Chair Powell avoided hawkish curveballsChair Powell said the Fed has not taken a position on whether it should pause between the end of the taper and first-rate hikeMarket sentiment saw a knee-jerk lower on the statemen

Equities remain mixed but with a cautious undertone, ES -0.1%, NQ -0.4%; as newsflow is focused on COVID/geopolitics going into the FOMCDXY is softer but pivoting 96.50 with peers mixed and GBP leading after UK CPI; USTs are unchanged, EGBs are pressured, led by Gilts on BoE tightening repricingRepo

Asian equities were mixed/rangebound as participants remained cautious following the losses in the US (S&P 500 -0.75%)The region also digested mixed Chinese data in which Industrial Production topped estimates but Retail Sales disappointedThe Senate and House passed the bill to raise the debt li

Equities are pressured after a constructive European open, fundamental updates have been minimal and conditions remain thin before the week's risk events; ES -0.2%In FX, the DXY has been pressured towards yesterday's low, but remains comfortably above 96.00, to the mixed benefit of peers with EUR/CH

Asia-Pac stocks traded mostly subdued following the pullback on Wall StreetIn FX, the DXY has gained a firmer footing above 96.00, activity currencies narrowly lag G10 peersThe Senate will vote on legislation to raise the Federal Government debt limit todayRussia said it may be forced to deploy inte

Gains in European equities are slightly more pronounced than in US equity futures; Stoxx 600 +0.6%, ES +0.3%In FX, USD outperforms with the DXY nearing 96.500 at best; EUR/USD below 1.1300 while USD/JPY extends north of 113.50TRY is the EM FX laggard; USD/TRY topped 14.5000 before the CBRT intervene