26 Apr 2022, 11:34 by Newsquawk Desk
- European bourses feel some reprieve following the bout of selling seen in recent sessions
- US equity futures trade relatively flat with a mild downside bias after trimming earlier losses
- Russian Foreign Minister Lavrov said Russia will continue peace talks with Ukraine; Germany will make an announcement on sending tanks to Ukraine
- Dollar mixed as broad risk appetite returns after Monday’s flight to safety; Euro and Pound flounder as DXY eyes...
26 Apr 2022, 06:50 by Newsquawk Desk
- 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 cash and will become a privately held company upon completion of the transaction.
- European equity futures are indicative of a firmer open with...
25 Apr 2022, 11:55 by Newsquawk Desk
- European cash markets kicked off the week lower across the board with a relatively broad-based performance seen across the majors
- Twitter is reportedly re-examining Elon Musk’s bid in which a potential deal could be made as early as this week, WSJ sources
- Stateside futures are lower in tandem with the broader market sentiment, whilst the NQ is slightly more cushioned by the earlier decline in yields.
- DXY set a new 2022 peak at 101.750 amid...
25 Apr 2022, 06:50 by Newsquawk Desk
- 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 closed lower by 2.2% on Friday.
- DXY strengthened amid the overnight risk-aversion, antipodeans lag, EUR gains fleeting vs. USD...
22 Apr 2022, 13:30 by Newsquawk Desk
- 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 Announcements, CBRT Inflation Report; Japanese Retail Sales (Mar), EZ Consumer Confidence Final (Apr), German Prelim. CPI (Apr), US GDP...
22 Apr 2022, 11:40 by Newsquawk Desk
- Equities are pressured across the board with Europe reacting to hawkish Central Bank commentary and the subsequent subdued APAC/Wall St. handover
- US futures are modestly softer after pivoting contained APAC parameters, today is the last day before Fed blackout
- DXY continues to climb printing fresh YTD highs while Cable slips to YTD lows after retail sales; broader FX is lower but magnitudes slimmer, high-betas lag
- Core debt continues to...
22 Apr 2022, 06:50 by Newsquawk Desk
- 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 cash market closed higher by 0.8% yesterday.
- DXY hovers around the 100.50 mark, antipodeans lag, EUR and JPY lead in the G10...
21 Apr 2022, 11:45 by Newsquawk Desk
- 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 downside
- More broadly, FX sees some divergence ahead of multiple Central Bank speakers and after various inflation releases
- WTI and Brent are firmer, but off best levels, amid...
21 Apr 2022, 06:50 by Newsquawk Desk
- 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 the cash market closed higher by 1.7% yesterday.
- DXY sits just below 100.50, USD/JPY is back on a 128 handle, NZD is softer...
20 Apr 2022, 11:30 by Newsquawk Desk
- 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 close
- DXY continues to slip amid receding yields and a recovery in the JPY as the BoJ ramps up intervention to anchor 10yr yields
- Core debt is...
20 Apr 2022, 06:50 by Newsquawk Desk
- 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 equity futures are indicative of a higher open with Eurostoxx 50 +0.2% after the cash market closed lower by 0.5%...
19 Apr 2022, 11:45 by Newsquawk Desk
- 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 such
- DXY remains above 100.00 but has swung between gains & losses as peers, ex-JPY, saw a shortlived pickup across the board
- USD/JPY has continued to climb taking out multiple barriers and disregarding commentary from officials, peaking just shy of 128.50
- Fixed income is significantly...
19 Apr 2022, 06:50 by Newsquawk Desk
- 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 full control of the Donetsk and Luhansk regions.
- Fed's Bullard refused to rule out a 75bps hike, says Fed needs to raise rates to around 3.5%...
14 Apr 2022, 16:01 by Newsquawk Desk
- 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); EZ Consumer Confidence Flash (Apr)
- FRI: Australia CPI (Mar); Japan CPI (Mar); Canada Retail Sales (Feb);...
14 Apr 2022, 11:50 by Newsquawk Desk
- European bourses are modestly firmer, but off best levels, with US futures contained ahead of risk events
- US futures remain in narrow parameters before Retail Sales and GS/MS earnings; TWTR flies on Musk’s offer to buy at USD 54.20/shr
- DXY pressured and slipping further from 100.00, NZD bounces, EUR gains pre-ECB and SEK bolstered on CPIF/Riksbank calls
- Core debt continues to slip after brief safe-haven flows from Medvedev commentary...
14 Apr 2022, 06:50 by Newsquawk Desk
- 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 the cash market closed lower by 0.1% yesterday.
- DXY remains sub-99, EUR/USD reclaimed 1.09, NZD leads in the G10 FX...
13 Apr 2022, 11:45 by Newsquawk Desk
- 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 move
- Core debt is pressured, but has staged a modest recovery from lows, yields elevate but off highs as such; USD/JPY continues to climb amid rate differentials
- WTI and Brent are bid and have eclipsed...
13 Apr 2022, 06:50 by Newsquawk Desk
- 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% after the cash market closed lower by 0.2% yesterday.
- DXY is contained on a 100 handle, USD/JPY remains above 125 and NZD lags post-RBNZ...
12 Apr 2022, 11:45 by Newsquawk Desk
- European Equities remain subdued but well off lows as participants await US CPI, the easing of initial pressure has US futures unchanged
- DXY continue to grind higher printing a 100.23 high to the mixed fortune of peers as AUD & NZD remain resilient
- Core debt has bounced pre-CPI as Bunds/Gilts derive some impetus from solid auctions, US 10yr sale ahead
- WTI and Brent are continuing to recoup Monday’s lost ground amid multiple crude-related...
12 Apr 2022, 06:54 by Newsquawk Desk
- 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 open with the Euro Stoxx 50 future -1.1% after the cash market closed lower by 0.5% yesterday.
- DXY sits on a 100 handle, antipodeans lead in the...
11 Apr 2022, 11:50 by Newsquawk Desk
- 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 environment
- CAC 40 +0.7% is the notable outperformer amid the first round of the French election where incumbent-Macron came out on top; albeit, polls between him and Le Pen for the run-off are tight
- DXY is off best levels ahead of Fed speak today and CPI Tuesday, JPY remains pressured while EUR...
11 Apr 2022, 06:54 by Newsquawk Desk
- 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-right Le Pen (23.4%) are set for a run-off in the presidential election on April 24th.
- European equity futures are indicative of a softer open...
08 Apr 2022, 11:30 by Newsquawk Desk
- European bourses are firmer across the board, Euro Stoxx 50 +1.5%, in a morning of quiet newsflow
- US 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 rate cut
- Crude is moving in-line with broader sentiment awaiting Russia-Ukraine updates with online talks...
08 Apr 2022, 06:54 by Newsquawk Desk
- 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 market closed lower by 0.6% yesterday.
- DXY continues to eye 100 to the upside, whilst USD/JPY ventured above 124 before retreating once...
07 Apr 2022, 11:20 by Newsquawk Desk
- European bourses are firmer across the board returning to post-cash open levels after a choppy morning in relatively thin newsflow
- Explicitly, Euro Stoxx 50 +0.7%; stateside, futures are relatively in-line with this action though the NQ, +0.5%, outperforms as the yield upside pauses
- DXY set a new YTD best at 99.823 before pulling back to the unchanged mark, providing peers with some modest respite
- Fixed has rebounded after Wednesday’s cycle...