26 Sep 2025, 11:09 by Newsquawk Desk
- US President Trump announced 100% tariffs on Pharmaceuticals, 50% tariffs on all Kitchen Cabinets, Bathroom Vanities, and associated products, a 30% tariff on Upholstered Furniture, and a 25% tariff will be imposed on all “Heavy Trucks” made in other parts of the world.
- European bourses seemingly shrug off Trump’s latest barrage of tariffs; US equity futures trade tentatively into US PCE.
- USD rally pauses for breath ahead of PCE; EUR unmoved by ECB Survey of...
26 Sep 2025, 06:59 by Newsquawk Desk
- US President Trump announced 100% tariffs on Pharmaceuticals, 50% tariffs on all Kitchen Cabinets, Bathroom Vanities, and associated products, a 30% tariff on Upholstered Furniture, and a 25% tariff will be imposed on all “Heavy Trucks” made in other parts of the world.
- US President Trump signed an executive order on TikTok, saying he had good talks with Chinese President Xi and that China is fully on board.
- EU plans to impose tariffs of 25–50% on...
25 Sep 2025, 11:32 by Newsquawk Desk
- US President Trump is to sign executive orders at 15:30 ET (20:30 BST) on Thursday; potentially on TikTok
- The White House Budget Office instructed federal agencies to prepare workforce reduction plans for potential mass layoffs amid the threat of a government shutdown, according to Politico.
- European bourses are lower and have recently made fresh troughs after the European Commission investigates SAP; US equity futures trade tentatively into a packed US data slate...
25 Sep 2025, 06:46 by Newsquawk Desk
- APAC stocks traded mixed for most of the session before eventually tilting modestly higher, following a softer Wall Street handover.
- US President Trump is expected to sign the TikTok deal on Thursday, according to Semafor, citing an official; US President Trump is to sign executive orders at 15:30 ET (20:30 BST) on Thursday.
- The White House Budget Office instructed federal agencies to prepare workforce reduction plans for potential mass layoffs amid the threat...
24 Sep 2025, 11:31 by Newsquawk Desk
- European bourses are modestly lower; US equity futures are incrementally firmer/flat.
- USD is attempting to atone for recent losses. EUR digests soft German Ifo.
- Fixed benchmarks are firmer; Bunds caught a bid on softer-than-expected German Ifo metrics.
- Crude briefly boosted by reports that Israel's army has taken "another step" in the plan to occupy Gaza city; XAU takes a breather from recent upside.
- Looking ahead,...
24 Sep 2025, 06:51 by Newsquawk Desk
- APAC stocks eventually traded mixed following the subdued lead from Wall Street; Japanese markets returned from holiday, Chinese markets were choppy before posting gains.
- Fed Chair Powell said that towards the next meeting, the Fed will look at labour market, growth data, and inflation data to assess whether policy is in the right place, adding that if it is not, they will move it there.
- DXY edged higher throughout the APAC session, EUR/USD briefly dipped under...
23 Sep 2025, 11:33 by Newsquawk Desk
- European bourses gradually climb higher and currently at peaks; US equity futures are flat awaiting Fed Chair Powell.
- GBP hit by soft PMI, Eurozone data showed diverging fortunes for manufacturing and services.
- USTs are essentially flat; Gilts modestly out-edge peers following disappointing flash PMI metrics.
- Crude initially in the red but have managed to climb higher, XAU at another ATH, catching a bid on reports that China aims to become...
23 Sep 2025, 06:43 by Newsquawk Desk
- APAC stocks eventually traded mixed as the positive sentiment from Wall Street failed to sustain during APAC trade despite a lack of fresh catalysts. there was an absence of Japanese volume as participants were away due to the Autumnal Equinox holiday.
- OpenAI and NVIDIA announced a strategic partnership to deploy 10 gigawatts of NVIDIA systems, with NVIDIA to invest up to USD 100bln in OpenAI.
- US President Trump to speak at 09:50 ET /14:50 BST at the UN General...
22 Sep 2025, 11:20 by Newsquawk Desk
- US lawmakers face a deadline of September 30th to pass a funding bill to avoid a government shutdown. Members of the Senate are not scheduled to return to Washington until September 29th, and House lawmakers are not due to return until October 7th, according to NBC.
- European and US equity futures are broadly lower; ASML +2.5% boosted after a broker upgrade.
- USD trims post-FOMC upside ahead of a slew of Fed speak; GBP and EUR leads.
- Fixed...
22 Sep 2025, 06:57 by Newsquawk Desk
- APAC stocks traded mixed after Chinese markets failed to benefit from the phone call between US President Trump and Chinese President Xi on Friday, with some citing a lack of concrete progress.
- US lawmakers face a deadline of September 30th to pass a funding bill to avoid a government shutdown. Members of the Senate are not scheduled to return to Washington until September 29th, and House lawmakers are not due to return until October 7th, according to NBC.
- Estonia...
19 Sep 2025, 13:56 by Newsquawk Desk
- MON: PBoC LPR, EZ Consumer Confidence Flash (Sep)
- TUE: Riksbank Announcement, EZ/UK/US Flash PMIs (Sep)
- WED: CNB Announcement, Australian CPI (Aug), German Ifo Survey (Sep)
- THU: SNB Announcement, Banxico Announcement, BoJ Minutes, PBoC MLF, German GfK Consumer Sentiment (Oct), US Durable Goods (Aug), US GDP (Q2), US PCE (Q2)
- FRI: Japanese Tokyo CPI (Sep), US PCE (Aug), US University of Michigan Final...
19 Sep 2025, 11:06 by Newsquawk Desk
- BoJ kept rates unchanged at 0.50%, as expected, but surprised markets with the announcement to begin selling ETF and J-REIT holdings.
- European bourses are mostly higher whilst US equity futures are flat.
- USD extends its winning streak, GBP underperforms and is pressured by woeful borrowing data, which puts added pressure on UK Chancellor Reeves.
- USTs are slightly lower awaiting Fed speak, JGBs hit on the BoJ, Gilts lag after concerning...
19 Sep 2025, 06:47 by Newsquawk Desk
- BoJ kept rates unchanged at 0.50%, as expected, but surprised markets with the announcement to begin selling ETF and J-REIT holdings.
- US President Trump said he will be harsh if he has to ask Russian President Putin for a ceasefire, but it doesn't feel like the time to do so.
- US President Trump reportedly seeks to speed up large power projects to meet AI demand.
- APAC stocks traded mixed as the region only partially sustained the...
18 Sep 2025, 11:26 by Newsquawk Desk
- European bourses are stronger today and trade just off highs; US equity futures also gain, with modest outperformance in the RTY.
- China drops Google (GOOG) antitrust probe during US trade talks, according to FT
- DXY trims some post-FOMC gains this morning; NZD plumbs the depths on GDP.
- Bonds are mixed in the aftermath of the FOMC; Gilts await the BoE.
- Crude is subdued and precious metals hold an upward...
18 Sep 2025, 07:04 by Newsquawk Desk
- Fed cut rates by 25bps to 4.00-4.25%, as expected, citing a shift in risk balance. Bowman and Waller joined consensus, calling for a 25bps reduction; new Governor Miran dissented, preferring a 50bps cut.
- Nine of the 19 Fed officials see two additional cuts in 2025, two see one cut, and six see no more reductions.
- Fed Chair Powell said he doesn't feel the need to move quickly on rates, and that “you could think of the cut as a risk management cut”, and that decisions...
17 Sep 2025, 11:14 by Newsquawk Desk
- White House said it was further extending the TikTok enforcement delay, with the deadline to sell TikTok extended until December 16th.
- European bourses are mixed; NQ saw fleeting pressure on reports that China ordered tech firms to stop buying NVIDIA’s AI chips; NVIDIA -0.9% pre-market.
- USD is a touch firmer as markets brace for today's FOMC announcement
- NVIDIA pressure lifts fixed income to highs pre-FOMC, Gilts outperform after the...
17 Sep 2025, 06:40 by Newsquawk Desk
- APAC stocks traded mixed with global risk sentiment cautious ahead of the crucial FOMC policy decision.
- White House said it was further extending the TikTok enforcement delay, with the deadline to sell TikTok extended until December 16th.
- European equity futures indicate a positive cash market open with Euro Stoxx 50 future up 0.3% after the cash market closed with losses of 1.3% on Tuesday.
- DXY is flat after yesterday's selling pressure....
16 Sep 2025, 11:35 by Newsquawk Desk
- US Appeals Court declined to allow Trump to remove Federal Reserve Governor Cook; Cook can attend the FOMC's September 16th-17th meeting.
- US Senate voted 48-47 to confirm US President Trump's Fed nominee Miran to join the Fed board.
- European bourses opened flat but sentiment dipped a touch to display a mostly negative picture; US equity futures are modestly firmer; NVDA little moved on reports of “lukewarm” demand for its RTX6000D AI...
16 Sep 2025, 06:55 by Newsquawk Desk
- APAC stocks traded mixed amid some cautiousness ahead of upcoming risk events and despite the fresh record levels on Wall St.
- US Appeals Court declined to allow Trump to remove Federal Reserve Governor Cook; Cook can attend the FOMC's September 16th-17th meeting.
- US Senate voted 48-47 to confirm US President Trump's Fed nominee Miran to join the Fed board.
- European equity futures indicate an uneventful cash market open with Euro Stoxx 50...
15 Sep 2025, 11:13 by Newsquawk Desk
- US and China day two talks are underway; overnight, FT reported that there has been a lack of progress, potentially reducing the odds of a Beijing summit. Recently, US Treasury Secretary Bessent said the US and China made good progress on technical details.
- Crude benchmarks are higher amid a softer USD and after President Trump said he is ready to impose sanctions on Russia, once NATO stops buying Russian oil. Most recently, Russia's Kremlin says NATO is fighting...
15 Sep 2025, 06:55 by Newsquawk Desk
- APAC stocks traded mixed, with the region somewhat cautious as participants digested disappointing Chinese activity data.
- The lack of progress in US talks with China on tariffs and fentanyl is said to have reduced the chances of a Beijing summit, according to the FT.
- Fitch cut France’s sovereign rating from AA- to A+; Outlook Revised to Stable from Negative; OATs -11 ticks.
- European equity futures indicate a slightly...
12 Sep 2025, 14:32 by Newsquawk Desk
- MON: Chinese Activity Data (Aug)
- TUE: UK Jobs Report (Jul), Italian CPI Final (Aug), EZ Industrial Production (Jul), German ZEW Survey (Sep), US Retail Sales (Aug) and Industrial Production (Aug), Canadian CPI (Aug)
- WED: FOMC Announcement, BoC Announcement, BCB Announcement, Bank of Indonesia Announcement, ECB Wage Tracker, UK Inflation (Aug), EZ CPI Final (Aug), New Zealand GDP (Q2)
- THU: BoE Announcement, Norges Bank Announcement,...
12 Sep 2025, 10:58 by Newsquawk Desk
- US Treasury Secretary Bessent will meet with Chinese Vice Premier He and other senior Chinese officials next week in Madrid, while Bessent and He are to discuss key US-China national security, economic and trade issues.
- US equity futures are lower across the board, RTY lags. European bourses began marginally firmer, but have since waned.
- USD attempts to recover from the pressure seen on Thursday's data, DXY at highs, while the JPY...
12 Sep 2025, 07:06 by Newsquawk Desk
- US Treasury Secretary Bessent will meet with Chinese Vice Premier He and other senior Chinese officials next week in Madrid, while Bessent and He are to discuss key US-China national security, economic and trade issues.
- US President Trump's administration asked the US appeals court to pause a ruling that blocked the removal of Fed's Cook.
- ECB rate cut debate is said to not be over, but October is seen as too soon, and the next real discussion is more likely in...
11 Sep 2025, 11:00 by Newsquawk Desk
- European bourses are modestly firmer, whilst US equity futures are mixed ahead of the ECB and US CPI.
- DXY is firmer and towards session highs; JPY underperforms, with USD/JPY rising to just shy of the 148.00 mark.
- USTs and Bunds are a touch softer into ECB/US CPI and a 30-year auction following a strong 3- and 10-year outing earlier this week.
- Industrial commodities and gold are subdued, awaiting key risk events; some modest upticks seen on...