30 Mar 2022, 06:54 by Newsquawk Desk
- 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 declines, USD/JPY has continued to fade recent gains.
- European equity futures are indicative of a softer open with the Euro Stoxx 50...
29 Mar 2022, 11:40 by Newsquawk Desk
- 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 later.
- Updates which further sapped geopolitical premia from crude benchmarks.
- DXY is softer, with EUR elevated amid pronounced yield upside as...
29 Mar 2022, 06:54 by Newsquawk Desk
- APAC stocks traded mostly higher following the gains in the US where growth stocks spearheaded a recovery.
- Russia and Ukraine could pause hostilities as part of a deal which would see Ukraine abandon its push for NATO membership, according to FT.
- European equity futures are indicative of a higher open with the Euro Stoxx 50 future up 0.8% after the cash market closed higher by 0.5% yesterday.
- DXY holds onto 99.0 status, EUR/USD remains on a...
28 Mar 2022, 11:45 by Newsquawk Desk
- European bourses are firmer, extending on overnight futures performance, shrugging off a downbeat APAC handover amid COVID concerns.
- Stateside, futures are contained/marginally softer ahead of a quiet schedule and after a mixed close on Friday; NQ, -0.3%, modestly lags amid yield action.
- Russian Kremlin said face-to-face talks in Turkey with Ukraine are unlikely to commence on Monday, may start on Tuesday.
- AAPL intends to make ~20% less...
28 Mar 2022, 06:54 by Newsquawk Desk
- APAC stocks traded mostly lower with the region cautious heading into month-end and following the Shanghai lockdown announcement.
- The next round of face-to-face talks between Russia and Ukraine will be held in Turkey on March 28th-30th.
- US President Biden stated that Russian President Putin cannot remain in power; White House official later said Biden was not calling for a change of regime in Russia.
- European equity futures are...
25 Mar 2022, 15:30 by Newsquawk Desk
- MON: US Dallas Fed Manufacturing Business Index (Mar), Retail Inventories (Feb).
- TUE: BoJ SOO (Mar); Japanese Unemployment (Feb), German GfK Consumer Sentiment (Apr), US Consumer Confidence (Mar), Australian Federal Budget.
- WED: Japanese Retail Sales (Feb), German Import Price (Feb), EZ Consumer Confidence Final (Mar) German Prelim. CPI (Mar), US ADP (Mar), GDP Final (Q4), PCE Prices Final (Q4).
- THU: OPEC+, CNB Policy Announcement;...
25 Mar 2022, 11:19 by Newsquawk Desk
- European bourses came under pressure in early trade before seeing a mild recovery; US equity futures post mild gains.
- "There is progress in ceasefire negotiations with Russia", according to Ukrainian President Advisor cited by Sky News Arabia.
- The Russian military will submit a proposal to Russian President Putin on how best to respond to NATO beefing up its Eastern flank, according to the Kremlin
- EU is to work towards the aim of attaining...
25 Mar 2022, 06:47 by Newsquawk Desk
- APAC stocks traded mixed with the growth and tech-led momentum from the US fading overnight.
- European equity futures are indicative of a slightly higher open with the Euro Stoxx 50 future up 0.1% after the cash market closed lower by 0.2% yesterday.
- DXY hovers around 98.50, EUR/USD is back above 1.10 and USD/JPY has pulled back below 122.00.
- The US and EU have struck a deal for the US to supply the bloc with additional LNG and lower...
24 Mar 2022, 10:59 by Newsquawk Desk
- European bourses were relatively flat at the open but saw a bout of impetus amid above-forecast PMIs; however, this was shortlived with bourses now negative, Euro Stoxx 50 -0.6%.
- US futures are in-fitting directionally but diverging in terms of magnitudes, posting gains of circa. 0.4% ahead of multiple risk events.
- DXY is firmer and ever closer to 99.00, with NOK bolstered from post-Norges Bank commentary with CHF unphased by the SNB.
- EGBs...
24 Mar 2022, 06:54 by Newsquawk Desk
- APAC stocks traded cautiously after a soft close on Wall St. which saw the S&P 500 finish the session lower by 1.3%.
- The US will announce a package of sanctions designations on Russian political figures and oligarchs on Thursday.
- European equity futures are indicative of a slightly higher open with the Euro Stoxx 50 future up 0.2% after the cash market closed lower by 1.5% yesterday.
- DXY remains underpinned but sub-99.00,...
23 Mar 2022, 11:00 by Newsquawk Desk
- European bourses are pressured, Euro Stoxx 50 -0.6%, with the exception of the FTSE 100 +0.3% amid crude action.
- US futures remain softer, ES -0.3%, but haven't slipped much further amid the above pressure in Europe as Russia-Ukraine tensions remain elevated
- DXY remains bid amid hawkish Fed rhetoric, USD/JPY continues to climb while Riksbank/CNB support SEK & CZK
- Fed's Mester (2022, 2024 voter) thinks 50bps increases will be needed at...
23 Mar 2022, 06:54 by Newsquawk Desk
- APAC stocks were positive as the region took encouragement from the strong US and European leads.
- Fed's Mester (2022 voter) said she thinks 50bps increases will be needed at some meetings based on her forecasts.
- DXY hovers around 98.50, USD/JPY extended its rise to 121.40, GBP is on the front-foot ahead of the Spring Statement.
- WTI and Brent gained as storm damage to the CPC pipeline could impact up to 1mln bpd of...
22 Mar 2022, 11:00 by Newsquawk Desk
- European bourses have been erring higher after a contained open, Euro Stoxx 50 +0.9%, with upside occurring as crude and bonds slipped further.
- US futures are in-fitting directionally but magnitudes more contained, a slew of speakers ahead.
- Crude benchmarks are pressured, but off lows, amid China COVID and EU energy price cap updates.
- DXY remains underpinned after an initial pullback from 99.00, while JPY lags with USD/JPY testing...
22 Mar 2022, 06:54 by Newsquawk Desk
- APAC stocks were mostly positive following a predominantly soft close in the US; Nasdaq 100 -0.3%.
- Fed Chair Powell said if the FOMC needs to raise the Fed Funds Rate by more than 25bps at a meeting or meetings, they will do so.
- Ukrainian President Zelenskiy said he’s prepared to discuss a commitment from Ukraine not to seek NATO membership in exchange for a ceasefire.
- European equity futures are indicative of a slightly softer open with the...
21 Mar 2022, 11:00 by Newsquawk Desk
- Ukrainian President Zelensky said he is ready to negotiate with Russian President Putin; however, Turkey says Putin is not ready
- Russia's Kremlin says the progress of peace talks with Ukraine is not as big as it should be
- European bourses/US futures are pressured but relatively contained as developments within European hours have been limited
- China Eastern Airlines jet, a Boeing 737, crashed in Guangxi, BA -8.3% in...
21 Mar 2022, 09:00 by Newsquawk Desk
- MON: PBoC LPR, Japan Vernal Equinox Day; German Producer Prices (Feb), US National Activity Index (Feb).
- TUE: UK PPI (Feb), German Flash PMIs (Mar), US New Home Sales (Feb), EZ Consumer Confidence Flash (Mar), Australian Flash PMIs (Mar).
- WED: NBH Policy Announcement; EZ Current Account/Construction Output (Jan), UK PSNB (Feb), US Richmond Fed Composite Index (Mar), UK Budget.
- THU: Norges Bank, SNB, SARB & Banxico Policy...
21 Mar 2022, 06:54 by Newsquawk Desk
- APAC stocks were choppy despite the strong close on Wall St. last week; best weekly performance for the S&P 500 since Nov'20.
- Ukrainian President Zelensky said he is ready to negotiate with Russian President Putin; Turkish official says Putin is not ready.
- The EU is reportedly to consider an embargo on Russian oil this week as Biden heads to Europe.
- European equity futures are indicative of a slightly softer open with the Euro Stoxx 50...
18 Mar 2022, 11:00 by Newsquawk Desk
- US President Biden will speak with Chinese President Xi at 09:00EDT/13:00GMT
- Biden's administration reportedly hardened its stance towards China ahead of the call
- US futures and European bourses are pressured, as sentiment has drifted following a contained European cash open
- Ukrainian Presidential aide Zhovkva says talks with Russia are progressing, but only slowly; Kremlin says that Kyiv is slowing talks
- USD grinds...
18 Mar 2022, 06:54 by Newsquawk Desk
- APAC stocks eventually traded mostly positive following on from Wall St's best 3-day gain since 2020.
- BoJ kept monetary policy settings unchanged as expected; will take additional easing steps as necessary.
- US President Biden's administration reportedly hardened its stance towards China ahead of the Biden-Xi call.
- European equity futures are indicative of a slightly firmer open with the Euro Stoxx 50 future up 0.1% after the cash market...
17 Mar 2022, 11:00 by Newsquawk Desk
- Ukrainian Defense Minister says so far there is nothing to satisfy us in negotiations with Russia
- Russian Kremlin says their delegation is putting colossal energy into Ukraine peace talks, conditions are absolutely clear; pushes back on FT reports
- European bourses are predominantly negative, Euro Stoxx 50 -0.4%, after a relatively constructive open; US futures in-fitting
- DXY continues to unwind its upside with GBP awaiting BoE and Lira the...
17 Mar 2022, 06:54 by Newsquawk Desk
- Fed raised rates by 25bps as expected and expects a further six hikes in 2022 and four in 2023.
- Fed Chair Powell said the Fed expects to reduce the size of its balance sheet at a coming meeting.
- US stocks closed higher after shaking off the initial kneejerk hawkish reaction to the FOMC. APAC stocks also gained.
- European equity futures are indicative of a slightly higher open with the Euro Stoxx 50 future up 0.2% after the cash market...
16 Mar 2022, 10:55 by Newsquawk Desk
- Constructive commentary from Ukraine's Zelensky and Russia's Lavrov, though more time is still needed
- European bourses are firmer across the board, Euro Stoxx 50 +3.3%, after a firmer handover and on geopols
- US futures are firmer across the board, NQ +1.9% outperforming amid overnight tech action, influencing European sectors
- DXY reels amid support for EUR on yield action ahead of noted EUR/USD option interest at the NY...
16 Mar 2022, 06:54 by Newsquawk Desk
- APAC stocks gained after a strong handover from Wall St; S&P 500 +2.2%, Nasdaq 100 +3.2%.
- European equity futures are indicative of a higher open with the Euro Stoxx 50 future up 1.6% after the cash market closed lower by 0.1% yesterday.
- Ukrainian President Zelensky stated that the positions of Ukraine and Russia at negotiations sound more realistic.
- Fitch warns that Russia would be in default if it pays USD coupons in...
15 Mar 2022, 10:55 by Newsquawk Desk
- Ukrainian President Zelensky said negotiations with Russia will continue on Tuesday; Kremlin says it is positive talks are continuing.
- European bourses are pressured, Euro Stoxx 50 -1.8%, but off lows after a bout of early pressure amid Russia-Ukraine developments.
- Stateside, US futures are moving in tandem directionally but magnitudes more contained, ES -0.2%, as focus turns to FOMC
- Core debt's initial recovery fizzles out as Bunds hit...
15 Mar 2022, 06:54 by Newsquawk Desk
- APAC stocks mostly declined following the soft handover from the US which saw the NDX close in a technical bear market.
- European equity futures are indicative of a weaker open with the Euro Stoxx 50 future down 0.8% after the cash market closed higher by 1.5% yesterday.
- White House warned there will be significant consequences for China if it provides assistance to Russia that violates sanctions.
- US President Biden could attend an...
