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  • Asian equity markets traded mixed as the positive momentum from US failed to sustain ahead of key risk events and more soft Chinese data
  • FX markets were relatively quiet overnight in which the DXY held steady above the 95.00 level as most of its major counterparts took a breather from the prior day’s broad retreat
  • Looking ahead, highlights include UK, EZ & US services PMIs, US employment report, trade balance, ISM non-Mfg, Baker Hughes rig...
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  • US President Trump instructs USTR to consider 25% tariffs, instead of 10%, on USD 200bln of Chinese goods
  • USD strengthening and equities sliding on tariff concerns
  • Looking ahead, highlights include, BoE rate decision, minutes and QIR, US weekly jobs, factory orders and a slew of large cap earnings

ASIA

Asian equity markets were weaker across the board with sentiment weighed by increased global trade tensions after officials confirmed US President Trump...

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  • The Fed stood pat on rates as expected with little in the way of fireworks from the release. Markets continue to back a September hike at the FOMC
  • Asian equity markets were weaker across the board with sentiment weighed on by increased global trade tensions after US officials confirmed recent reports about potential hikes to Chinese tariffs
  • Looking ahead, highlights include UK construction PMI, BoE rate decision, minutes and QIR, US weekly jobs, factory orders and a slew of large cap...
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  • Trump administration plans to propose a higher tariff of 25% (Prev. 10%) on USD 200bln of imports from China with an announcement possible as soon as today, according to sources
  • European equities are marginally lower as focus once again remains on earnings. Apple higher by 3.5% in pre-market trade post-earnings
  • In FX, Greenback overall has rebounded further from Tuesday’s lows ahead of the latest FOMC decision
  • Looking ahead, highlights include US Mfg PMI, US ADP, Constructions...
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  • Asian equity market were initially mostly higher as region got a tailwind from US. However, sentiment was soured after reports that the Trump administration is planning to propose an increase to 25% tariffs from 10% on USD 200bln of Chinese goods
  • In FX markets, the greenback remained firm with the DXY near the prior day’s highs around 94.50 as its major counterparts languished
  • Looking ahead, highlights include EZ, UK & US Mfg PMIs, US ADP, Constructions Spending, ISM Mfg, DoEs, Quarterly...
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  • Bank of Japan stand pat on rates, announce more flexibility in yields and forward guidance
  • Eurozone GDP below expectations and inflation above expectations, EUR unmoved
  • Looking ahead, highlights include, US PCE, Personal Spending, Canadian GDP, Chicago PMI and a slew of large cap earnings

ASIA

Asian equity markets traded mostly subdued after the continued tech sell-off in US where all majors declined and the Nasdaq posted its worst 3-day performance in 4...

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  • BoJ kept rates at -0.1% and long-term yield target held at around 0.0%. Announced more flexibility in yields and adopted forward guidance on rates which it will maintain at very low levels for an extended period
  • Asian equity markets traded mostly subdued after the continued tech sell-off in the US where all majors declined and the Nasdaq posted its worst 3-day performance in 4 months
  • USD/JPY was choppy around the 111.00 handle but then saw late support after the BoJ decision proved to be less...
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  • European bourses mostly lower ahead of this week’s key risk events
  • Fixed Income losses have accelerated pretty sharply with big figure breaks triggering some stops
  • Looking ahead, highlights include national German CPI (following mixed state CPIs)

ASIA

Asian equity markets began the week lacklustre after the tech-led declines last Friday on Wall Street and amid cautiousness ahead of this week's slew of risk events, while further CNH weakness also...

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  • Asian equity markets began the week lacklustre after the tech-led declines last Friday on Wall Street and ahead of this week's slew of risk events
  • The UK government has reportedly agreed to give ECJ final say in arbitration regarding Brexit, divorce bill and potential Irish backstop in an effort to break the negotiation stalemate
  • Looking ahead, highlights include regional and national German CPIs

ASIA

Asian equity markets began the week lacklustre...

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  • European equities are mostly higher (Eurostoxx 50 +0.4%) amid a slew of pre-market earnings. Amazon currently higher by 4.1% in pre-market trade
  • USD is trying to build on recovery gains back above 94.500 amid Trumped-up expectations for today’s GDP print
  • Looking ahead, highlights include US GDP, Uni. of Michigan Sentiment, the Baker Hughes rig count

ASIA

Asian equity markets traded slightly mixed after a similar varied performance on Wall St where...

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  • Asian equity markets traded slightly mixed after a similar varied performance on Wall St where focus remained on earnings season
  • EU’s Barnier stated that the EU cannot delegate customs policy to Britain and any customs arrangement must respect this principle; effectively shooting down the Chequers deal
  • Looking ahead, highlights include the Russian rate decision, Uni. of Michigan Sentiment, Baker Hughes and BoE’s Haldane

ASIA

Asian equity...

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  • European bourses trade mostly higher across the board amid optimistic EU-US trade talks
  • The DXY is trying to stabilise and pare some losses after hitting a new low for the week
  • Looking ahead, highlights include ECB rate decision and press conference, US durable goods and trade balance, supply from the US and a slew of large cap earnings

ASIA

The major Asia-Pac equity markets traded subdued as a plethora of corporate updates dominated news flow and...

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  • Major Asia-Pac equity markets traded subdued as a plethora of corporate updates dominated news flow and somewhat drowned out the US-EU trade talks
  • In FX markets, the USD remained softer overnight after having lost ground against the EUR. GBP/USD reclaimed 1.3200 and USD/JPY slipped below 111.00
  • Looking ahead, highlights include ECB rate decision and press conference, US durable goods and trade balance, supply from the US and a slew of large cap...
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  • European equities are relatively mixed (Eurostoxx 50 -0.3%) as focus remains on earnings seasone
  • Limited movement in FX markets at DXY continues to pivot around the 94.500. AUD lags peers following domestic CPI data overnight
  • Looking ahead, highlights include US New Home Sales, DoEs, supply from the US, Juncker to meet with Trump and a slew of large cap earnings

ASIA

Asian stocks were mixed with macro drivers on the light side and after the region failed...

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  • Asian stocks were mixed with macro drivers on the light side and after the region failed to sustain the momentum from the positive US close
  • In FX, the greenback was rangebound, AUD/USD pressured following softer than expected headline CPI, CNH stabilized despite another weak reference rate setting by the PBoC
  • Looking ahead, highlights include German IFO, US New Home Sales, DoEs, supply from Germany and the US, Juncker to meet with Trump and a slew of large cap...
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  • European equities extend gains as Stoxx600 hits 5-week highs
  • DXY is off best levels as the index consolidates within a 94.535-865 range
  • Looking ahead, highlights include US PMIs, Hungarian rate decision, US APIs, supply from the US and a slew of large cap earnings

ASIA

Asian equity markets gained across the board following the mostly positive performance of their Wall Street counterparts whereby financials outperformed amid rising yields and Nasdaq 100...

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  • Asian equity markets gained across the board following the mostly positive performance of their Wall Street counterparts
  • In FX markets, the Greenback held onto yesterday’s gains. PBOC set the weakest CNY fix since 11th July 2017
  • Looking ahead, highlights include Eurozone & US PMIs, Turkish and Hungarian rate decisions, US APIs, supply from the US & UK and a slew of large cap earnings

ASIA

Asian equity markets gained across the board...

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  • DXY is relatively rangebound between 94.200-450 after the G20 meeting and Trump’s verbal intervention
  • US Treasuries are treading a very tight line with the curve fractionally steeper ahead
  • Looking ahead, highlights include US Existing Home Sales and comments from BoE’s Broadbent

ASIA

Asian stocks traded mixed with the regional bourses initially dampened across the board amid speculation the BoJ could discuss tweaking policy and after last...

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  • Asian markets reacted to speculation the BoJ could discuss tweaking policy and renewed tariff threats from US President Trump
  • UK Brexit Secretary Raab has accused the EU of acting irresponsibly and stated the UK could refuse to pay its GBP 39bln “divorce bill” unless the EU agrees to a binding framework for a future trade deal
  • Looking ahead, highlights include comments from BoE’s Broadbent

ASIA

Asian stocks traded mixed with the regional...

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  • US equity futures were hit overnight after the PBoC set their reference rate for the CNY at its weakest level in over a year
  • European equities have been dealt a blow in recent trade by comments from Trump that the US is ready to impose tariffs on all USD 505bln of Chinese import goods
  • DAX dealt a further blow by comments from Germany's Chancellor Merkel that if need be, the EU is working on counter-measures but this is by far the worst solution
  • Looking ahead, highlights include...
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  • Asian equity markets traded choppy with sentiment spooked overnight amid a China currency sell-off after the PBoC set the reference rate to its weakest level in over a year
  • US President Trump said he is not happy about interest rates rising and that a strong USD puts the US at a disadvantage
  • Looking ahead, highlights include Canadian CPI & retail sales, Baker Hughes, Fed’s Bullard, BoE’s Tenreyro and ECB’s Coeure

ASIA

Asian equity...

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  • European equities trade mostly on the backfoot as earning season kicks into gear
  • Cable slumped through 1.3000 on another UK data miss before stabilising near the round number
  • Looking ahead, highlights include Philly Fed, SARB rate decision, Fed’s Quarles, ECB’s Coeure, UK Brexit Secretary Raab meets with EU’s Barnier

ASIA-PAC

Asian bourses were mixed as trade concerns and a weakening CNH clouded over the mostly positive lead from Wall St...

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  • Asian bourses were mixed as trade concerns and a weakening CNH clouded over the mostly positive lead from Wall St.
  • EU negotiators are reportedly considering extending Article 50 as fears mount that talks will not conclude in time for both the UK and EU to meet the 29 March 2019 deadline
  • Looking ahead, highlights include, UK retail sales, Philly Fed, SARB rate decision, Fed’s Quarles, ECB’s Coeure, UK Brexit Secretary Raab meets with EU’s Barnier and supply from Spain, France and...
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  • European bourses mostly higher with tech names outperforming their peers following yesterday’s Nasdaq gains
  • GBP/USD hits 10-month lows, now eyeing 1.30 to the downside as UK inflation figures fall short of expectations
  • Looking ahead, highlights include, UK and EZ CPI, US building permits, housing starts, DoEs and Fed’s Powell

ASIA

Asian equity markets traded with a positive tone as momentum rolled over from US where all majors gained and the...

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  • European equities trade mostly negative (Eurostoxx 50 -0.5%, DAX -0.2%)
  • GBP resilient in wake of another Government semi U-turn on post-Brexit proposals
  • Looking ahead, highlights include, US industrial production, APIs Inventories, Fed’s Powell

ASIA 
Asian equity markets traded mostly lower after a lacklustre lead from the US where energy underperformed amid a slump in crude and Nasdaq futures took a hit after-market on disappointing earnings and...

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