The Premarket Movers & News by Newsquawk

Asian equities and US futures are on the backfoot with markets spooked by new COVID variant concernsThe new variant is said to be the most evolved strain so far, prompting fears that it could be worse than DeltaUSTs and Bunds are notably firmer and safe-havens (JPY, CHF) lead the way in the G10 FX s

Asian equities traded mixed following the mostly constructive lead from the US which saw the NQ outperformFOMC minutes showed that some policymakers wished for a faster pace of purchasesIn FX, the DXY has marginally retreated after approaching 97.00, EUR/USD briefly lost 1.12 statusLooking ahead, hi

European bourses are subdued after initial firmer/mixed performance faded on German COVID-19 concerns, DAX -0.9%, ES -0.4%German coalition announcement due ~14:00GMT/09:00EST, focus on any COVID commentary given recent outgoing-government rhetoricDXY has risen to fresh YTD highs though JPY retains a

Asia-Pac equity indices were mixed following the choppy performance of their US counterpartsIn FX, the DXY continues to hover around the 96.50 mark, NZD lagsRBNZ hiked the OCR by 25bps to 0.75% as expected and vowed to take a steady approach going forwardOil prices held on to the prior day's gains a

European bourses are subdued after a mixed APAC handover with newsflow minimal and focused on the SPR, COVID and Biden's speechUS futures are modestly lower, ES -0.2%, but performance has been comparably more contained following yesterday's late-doors selling pressureUS President Biden to speak at 1

Asia-Pac stocks traded mixed following a similar performance in the US where the Nasdaq underperformed alongside firmer yieldsIn FX, the DXY made further YTD highs, placing additional pressure on major counterpartsA source report noted that the US Energy Department will announce a loan of oil from t

European bourses are mixed with catalyst sparse and focus on COVID; US futures firmer with RTY marginally outperformingFX is contained, DXY is softer but retaining 96.00; core debt has dipped after initial upside moves failed at key levels in thin volume pre-supplyPBoC-backed China Foreign Exchange

Asia-Pac stocks traded mixed; US equity futures trade with mild gainsOn Friday, Fed’s Clarida suggested discussing the speeding of tapering, whilst Fed’s Waller said his preference is for the Fed to accelerate the taperPBoC-backed China Foreign Exchange Committee instructed bank traders to limit spe

Pronounced and broad based risk-off move was seen as Austria announced a hard lockdown and Germany refused to rule such measures outThe back-to-back news pushed the DXY and Bunds above 96.00 and 172.00 respectively, Brent fell below USD 79.50/bbl; equities were pressuredUS House Democrat leaders are

Asia-Pac stocks traded mostly positive; Hang Seng lagged amid substantial losses in AlibabaS&P 500 and Nasdaq notched fresh record closes; overnight US equity futures drifted higherIn FX, the DXY remained above 95.50, EUR/USD tested 1.1350 to the downside and AUD narrowly outperformedA compromis

Major bourses in Europe are choppy; US equity futures have been grinding higher in early European hoursIn FX, the DXY pulled back modestly from the 96.00 mark whilst the NZD/USD outperforms; EUR/USD and GBP/USD trade sidewaysNew COVID-19 restrictions for Germany are to be announced around lunchtime

Asia-Pac stocks traded mostly negative with sentiment in the region subdued; Hong Kong laggedIn FX, the DXY pulled back modestly from the 96.00 level whilst NZD/USD outperformedUS and China reportedly agreed after the Biden-Xi meeting to embrace frequent interactions in the next 3-4 monthsChina Nati

Risk sentiment is contained with fresh catalysts slim after a mixed APAC handover and ahead of numerous Central Bank speakers, ES U/CDXY remains near-96.00 after briefly surging above the mark with peers mixed but contained and NZD outperforming on domestic lockdown updatesTRY has been knocked to fr

Asian equity markets traded mixed and struggled to sustain the positive lead from the USThe S&P 500 reclaimed the 4,700 level and briefly approached to within four points of its all-time highIn FX, the DXY has breached 96.00 to the upside, sending EUR/USD below 1.13 and USD/JPY to a four year hi

European bourses/US futures diverge with Europe firmer after a mixed APAC session while US peers remain tentative ahead of retail/IP dataOpening remarks at the Biden-Xi virtual meeting set a friendly tone although expectations had been lowered ahead of the eventChinese President Xi said both sides m

Asia-Pac stocks traded mixed in a slight improvement from the inconclusive Wall St. handoverOpening remarks at the Biden-Xi virtual meeting set a friendly tone although expectations had been lowered ahead of the eventChinese President Xi said both sides must increase communication and cooperationThe

European bourses and US futures remain contained after an indecisive APAC session on mixed data ahead of Biden-Xi meetingReleases included better than expected Chinese activity data and a miss on Japanese GDPBiden-Xi meeting is aimed at setting the terms of trade to avoid future conflict, tariffs no

MON: Chinese Retail Sales & Industrial Output/Production (Oct), Japanese Capacity Utilisation (Sep), Indian WPI (Oct), Swedish CPIF (Oct), EZ Eurostat Trade (Sep), US NY Fed Manufacturing (Nov), Canadian Manufacturing Sales (Sep).TUE: RBA Minutes (Nov), NBH Policy Announcement, IEA OMR; UK Unemp

Asian equity markets began the week with a lack of firm direction as the region digested varied tier-1 economic dataReleases included better than expected Chinese activity data and a miss on Japanese GDPDXY heads into the European session around the 95.00 mark. Antipodeans lead gains vs. the USDWhit

European bourses & US futures are modestly firmer, action has been very rangebound in quiet trade, ES +0.1%Russian Defence Ministry says US military activity in the Black Sea is aggressive and poses a threat to regional and strategic stability, IFX.DXY remains above 95.00 but the broader complex

Asian equity markets traded mostly higher following a mixed session in the USStateside, SPX closed flat, DJIA lower, NDX bid, and RUT outperformedThe DXY has extended on gains above 95.00, adding further pressure to major counterpartsMexican Central Bank raised its interest rate by 25bps to 5.0%, as

European bourses are contained with newsflow minimal given Veteran's Day and the light docket; ES +0.3%In FX, the DXY has eclipsed 95.00 with peers pressured across the board with Cable losing 1.3400 and EUR/USD approaching 1.1450WTI and Brent have been choppy but come under further pressure as the

Asian equity markets traded mixed as positive headlines out of China provided reprieve from losses in the USEvergrande was reported to have paid the overdue interest on three bonds to avoid a defaultIn FX, the DXY tested 95.0 to the upside, EUR/USD trades sub-1.15 and AUD lags post-jobs dataUS Senat

European bourses & US futures are rangebound and directionless ahead of US data, with IJC also due given Veteran's dayDXY is bolstered having reclaimed 94.00 with peers subdued across the board and NZD lagging on dataCore debt is subdued pre-CPI with ECB-related updates and another poor German i

Asian equity markets traded negatively after a lacklustre handover from Wall Street where the major indices took a break from recent advancesChinese consumer prices registered their fastest increase in more than a year and factory gate prices rose at a fresh record paceA virtual meeting between US P