• APAC stocks were mixed with some cautiousness in the region after the weak lead from Wall St and ahead of the key US jobs data.
• European equity futures are indicative of a negative cash open with the Euro Stoxx 50 future -0.3% after the cash market closed higher by 0.7% on Thursday.
• DXY is a touch firmer but still on a 105 handle, antipodeans marginally lag, USD/JPY lingers around 150.
• Bunds have nursed some of the prior day's declines,...

• European bourses opened flat but started grinding higher shortly after the open despite relatively quiet newsflow; France's CAC 40 shrugged off the vote of no confidence which played out as expected.
• USD remains on the backfoot vs. peers following yesterday's ISM-induced move in yields; EUR on a firmer footing vs. the USD with not much in the way of follow-through selling from the collapse of the French government.
• Crude futures holding a modest upward bias after...

• APAC stocks traded mixed and partially sustained the momentum from the fresh record levels on Wall St where tech led the advances; European equity futures are indicative of a flat/subdued cash open.
• Fed Chair Powell said they are on a path to more neutral rates over time and though downside risks are less than thought, the Fed can afford to be cautious in finding neutral.
• French government lost a no-confidence motion as lawmakers voted 331 out of 574 current members...

• European bourses are mostly trading in positive territory; US futures tilt higher ahead of Powell and a busy data slate.
• USD is broadly firmer vs. peers, AUD lags post-GDP, and GBP was weighed on by commentary from BoE’s Bailey who said he sees four 25bps cuts in 2025; a move which has since pared.
• European paper awaits French no confidence vote at 15:00 GMT.
• Crude holds an upward bias, WSJ reports that Saudi aims to keep oil prices elevated...

• APAC stocks were mostly subdued with underperformance in South Korea following the martial law declaration and backtrack.
• South Korean President Yoon announced on Tuesday the lifting of martial law after parliament voted to block it.
• European equity futures are indicative of a quiet cash open with the Euro Stoxx 50 future flat after the cash market closed higher by 0.7% on Tuesday.
• USD is mixed vs. peers, AUD lags post-Australian GDP data,...

The Newsquawk Europe Market Open, available on Capital.com  

• European bourses are entirely in the green; US futures are essentially flat ahead of US JOLTS and Fed speak.
• USD is broadly softer vs. peers, EUR/USD reclaims 1.05.
• US yield curve steepens ahead of JOLTS, OATs await Wednesday's confidence vote
• Crude climbs higher, base metals benefit from the risk tone and softer USD.
• Looking ahead, US JOLTS, Speakers including Fed’s Goolsbee, Daly, Kugler.