RANsquawk Week In Focus: Data Regains The Limelight After Jackson Hole Disappoints, With US Non-Farm Payrolls Headlining
25 Aug 2017, 20:26
Key Events: - Monday:Tuesday:Wednesday: US GDP (Q2, 2nd) Thursday: US PCE Data (Jul), China Official PMIs (Aug) Friday: US Labour Market Report (August), Eurozone CPI (Aug, P), Canadian GDP (Q2), China Caixin PMI (Aug)Thin trade conditions are expected on Monday owing to a UK public holiday.North America: -...
Categories:
RANsquawk EU Open Rundown 25.08.17
25 Aug 2017, 06:54
Asian equity markets see out the week in the green with outperformance in Chinese bourses after large cap earnings.Japanese CPI prints in-line with analyst estimates.Looking ahead, highlights include comments from Fed Chair Yellen and ECB President Draghi. JACKSON HOLE SYMPOSIUM SCHEDULE15:00 BST/10:00 ET – Federal Reserve Chair Yellen makes opening remarks20:00 BST/15:00 ET – ECB President Mario Draghi Makes The Luncheon Address ASIAAsia stocks...
Categories:
RANsquawk EU Open Rundown 24.08.17
24 Aug 2017, 07:08
Indecisive trade across Asian markets in what was another quiet session.NZ trade balance better than expected, however NZD fails to benefit.Looking ahead, highlights include, UK GDP, US existing home sales and jobless claims. ASIAAsia equity markets traded with an indecisive tone following the downbeat finish on Wall St. where sentiment was dampened by Trump’s tspaneats to shut down the government and terminate NAFTA. ASX 200 (+0.2%) was mildly positive amid strength in...
Categories:
RANsquawk EU Open Rundown 23.08.17
23 Aug 2017, 06:57
Asian equities trade mixed as opening gains were trimmed amid the latest rhetoric from US President TrumpUS President Trump says he is willing to shutdown government to build the wall and is likely to scrap NAFTA at some stageLooking ahead, highlights include Eurozone and US PMIs, DoEs, ECB’s Draghi and Fed’s KaplanASIAAsia equity markets traded mixed as the region somewhat failed to sustain the impetus from Wall St, where the Nasdaq led the surge after rebounding from a 3-day...
Categories:
RANsquawk EU Open Rundown 22.08.17
22 Aug 2017, 06:52
Asian equities traded mostly higher in what was a particularly quiet session overnight. FX markets saw USD/JPY break back below 109.00US President Trump announced that the US plans to continue sending troops to Afghanistan to fight the terror tspaneatLooking ahead, highlights include UK PSNB data, German ZEW and APIsASIAAsian equity markets were mostly higher although news flow was remarkably light amid a lack of central bank speakers and macroeconomic data. Focus was on a speech...
Categories:
RANsquawk EU Open Rundown 21.08.17
21 Aug 2017, 06:54
Asian equities traded mostly lower as geopolitical tensions once again dampened sentimentTensions ratcheted up again as the US and South Korea were set to begin military drills. North Korea responded, tspaneatening a “merciless strike” on the USLooking ahead, today’s calendar sees a lack of tier 1 data or notable speakersASIAAsian equity markets traded mostly lower with the Nikkei 225 down by 0.4% amid geopolitical tensions on the Korean peninsula. Tensions ratcheted up again as...
Categories:
RANSQUAWK WEEK IN FOCUS: Central Bankers Convene In Jackson Hole, With UK GDP & The OPEC JTC Meeting Also Due
18 Aug 2017, 19:47
Key Events: - Monday:Tuesday:Wednesday:Thursday: Jackson Hole Symposium, UK GDP (Q2, 2nd)Friday: Jackson Hole Symposium, US Durable Goods Data (Jul), Japanese CPI (Jul)The highlight of the week will be the Fed’s annual Jackson Hole Symposium, which will begin on Thursday and run tspanough Saturday. Interest in the event peaked when...
Categories:
RANsquawk EU Open Rundown 18.08.17
18 Aug 2017, 07:27
Asian equities trade lower amid the rumours surrounding Cohn’s Tenure in the Trump administration and the terror attack in BarcelonaFX markets were relatively subdued with JPY the main mover amid safe-haven inflowsLooking ahead, highlights include Canadian CPI, Uni. Of Michigan and KaplanASIAAll major Asia-Pac indices traded in negative territory as the risk averse tone triggered by terror incidents in Spain and resignation rumours related to Trump’s chief economic advisor Cohn,...
Categories:
RANsquawk EU Open Rundown 17.08.17
17 Aug 2017, 06:51
FOMC minutes saw downside in USD and yields with the Fed cautious over inflation prospects for the USAsian equities were relatively indecisive. AUD/USD retreated from two-week highs following the latest Aus jobs reportLooking ahead, highlights include UK retail sales, Eurozone inflation, ECB minutes, Fed’s Kaplan and KashkariFOMC MinutesFOMC minutes showed that some policymakers were prepared to announce a starting date for winding down the balance sheet at the July meeting and...
Categories:
RANsquawk EU Open Rundown 16.08.17
16 Aug 2017, 06:54
Asia-Pac equities trade with a lack of direction amid light newsflow. Outperformance in KOSPI amid return from holidayFX markets are relatively tentative ahead of FOMC minutes. GBP/USD trades below 1.2900, EUR/USD and USD/JPY sidewaysLooking ahead, highlights include UK jobs report, Eurozone GDP, DoEs and the FOMC minutesASIAAsia equity markets followed on from the indecisive tone seen on Wall Street where quiet newsflow kept stocks rangebound. This resulted to a mixed picture in...
Categories:
FOMC July 2017 Meeting Minutes Preview
15 Aug 2017, 20:14
FOMC’s July 2017 Meeting Minutes Preview, Due For Release At 19:00 London, 14:00 New York On Wednesday 16th August 2017
The July meeting saw the Federal Reserve leave it Federal Funds target range unchanged at 1.00-1.25%, with a 9-0 vote. Heading into the decision focus was on the rhetoric surrounding the normalisation of the FOMC’s balance sheet, and the policy statement (Categories:
RANsquawk EU Open Rundown 15.08.17
15 Aug 2017, 06:54
Asian equities traded higher as geopolitical tensions cooled with outperformance in tech stocks also bolstering sentimentPrice action in FX markets centred around the JPY as the currency weakened on safe-haven outflows, which pushed USD/JPY above the 110.00 levelLooking ahead, highlights include German GDP, UK inflation, US retail sales, NZ Dairy Auction, APIsASIAAsian equity markets traded higher following the gains in US where the NASDAQ led the advances on continued tech...
Categories:
RANSQUAWK WEEK IN FOCUS: Central Bank Meeting Minutes Dominate, While UK Data Looms
14 Aug 2017, 11:20
Key Events: - Monday: Japan GDP (Q2, P)Tuesday: UK Inflation Data (Jul), US Retail Sales (Jul) RBA Meeting MinutesWednesday: FOMC Meeting Minutes, Eurozone GDP (Q2) UK Labour Market Report (Jun/Jul)Thursday: UK Retail Sales (Jul), Australian Labour Market Report (Jul), ECB Meeting Minutes (Jul)Friday: North America: - Wednesday...
Categories:
RANsquawk EU Open Rundown 14.08.17
14 Aug 2017, 06:58
Equity markets begin the week on the front foot with Asian bourses taking the firm lead from Wall Street.AUD traded in choppy fashion with initial outperformance offset by weak Chinese data.Looking ahead, highlights include Eurozone industrial production. ASIAAsian equity markets traded mostly higher following the rebound of US stocks last Friday on Wall Street where the NASDAQ outperformed amid tech strength, while a miss on CPI dampened prospects of a December Fed hike....
Categories:
RANsquawk EU Open Rundown 11.08.17
11 Aug 2017, 06:55
Geopolitical tensions remain at the forefront of market sentiment amid further fighting talk between the US and NKThis led to selling pressure in Asia-Pac stocks (Japan away) with safe-haven assets continue to benefitLooking ahead, highlights include US CPI, Fed’s Kaplan and KashkariASIAAsia stock markets were heavily pressured amid continued geopolitical tensions after further fighting talk between US and North Korea, which also saw US indices close negative for a 3rd consecutive...
Categories:
RANsquawk EU Open Rundown 10.08.17
10 Aug 2017, 06:55
Lingering geo-political concerns continue to weigh on Asian equities.NZD underperforms as the RBNZ kept a somewhat dovish-to-neutral tone.Looking ahead, highlights include UK Mfg. and Construction output, US PPI and comments from Fed’s Dudley. ASIAAn attempt by Asian indices to pick themselves up from the recent geopolitical-triggered losses, gradually petered out tspanoughout the session which saw the region’s bourses negative across the board. ASX 200 (-0.2%) and Nikkei...
Categories:
RANsquawk EU Open Rundown 09.08.17
09 Aug 2017, 06:54
Increased geopolitical tensions after a war of words between US and North Korea dampened global risk sentimentThis saw the DJIA snap it’s 9-day streak of record closes, softness in Asia-Pac equities and a flight to safety in FX marketsLooking ahead, highlights include US Wholesale Sales, weekly DoE inventories and RBNZ rate decisionASIAIncreased geopolitical tensions after a war of words between US and North Korea dampened global risk sentiment, which ensured the DJIA snapped a...
Categories:
RANsquawk EU Open Rundown 08.08.17
08 Aug 2017, 06:53
Asian equities traded mostly lower with focus on Chinese trade data which showed exports and imports falling short of expectationsUSD traded subdued to marginally benefit its major counterparts in which EUR/USD gained a footing on 1.1800Looking ahead, highlights include US JOLTS and APIsASIAAsian equity markets failed to sustain the momentum from the record closes seen in DJIA and S&P 500, as sentiment in the region soured amid relatively quiet news flow and as participants...
Categories:
RANsquawk EU Open Rundown 07.08.17
07 Aug 2017, 06:57
Asian equities traded mostly higher in the wake of Friday’s gains seen on Wall street with outperformance in the ASX 200 due to commodity namesMost major currencies nursed some of their post-NFP losses against the greenback, in which EUR/USD attempted to reclaim 1.1800Looking ahead, highlights include Fed’s Bullard and KashkariASIAAsian equity markets traded mostly higher following Friday’s gains on Wall Street and as the region took its first opportunity to react to the better...
Categories:
RANsquawk Week In Focus: The Docket Thins Out Mid-Summer With The RBNZ At The Fore
06 Aug 2017, 20:00
Key Events: -Monday: Tuesday: China Trade Balance (Jul) Wednesday: RBNZ MonPol Decision Thursday: UK Trade Balance (June) ...
Categories:
RANsquawk EU Open Rundown 04.08.17
04 Aug 2017, 06:54
Asian equities traded with little in the way of direction despite the Russian probe in Washington intensifyingAUD/USD took centre stage and saw choppy trade after better than expected Retail Sales was briefly offset by the RBA Statement on Monetary PolicyLooking ahead, highlights include US and Canadian jobs reportsASIAAsian equity markets traded mixed, with the region indecisive ahead of key risk NFP data and after a lacklustre close in US where energy underperformed and the...
Categories:
RANsquawk EU Open Rundown 03.08.17
03 Aug 2017, 06:55
Asian bourses lower following soft Chinese Caixin Services PMIDisappointing trade data sees AUD underperformLooking ahead, highlights include BoE QIRASIAThe momentum from the DJIA’s 22,000 milestone was lost on Asia as the region traded negative across the board, with sentiment dampened amid earnings and weaker than expected Chinese Caixin Services PMI data. ASX 200 (-0.4%) was subdued by commodity names with Rio Tinto (-1.8%) shares down after the Co. missed on H1 underlying...
Categories:
RANsquawk EU Open Rundown 02.08.17
02 Aug 2017, 06:54
Asian equities trade mostly higher following gains on Wall Street and Apple’s stellar after-market earningsUSD nursed some of its recent losses with the DXY back above 93.00. Commodity-linked currencies felt the brunt of the weakness in oilLooking ahead, highlights include US ADP, DoEs, Fed’s Mester and WilliamsASIAAsian stocks traded mostly higher as the region took the impetus from Wall Street’s gains where the DJIA homed in on the 22,000 level and NASDAQ futures surged...
Categories:
RANsquawk EU Open Rundown 01.08.17
01 Aug 2017, 07:00
Asian equities traded higher across the board as upbeat Chinese data and firmer commodity prices lifted sentimentUSD remained weak following further political upheaval in Washington. RBA kept rates on hold as Exp.Looking ahead, highlights include German jobs report, Eurozone GDP, US PCE, ISM Mfg. and APIsASIAAsian equities traded higher across the board as Chinese data took focus once again after Caixin Manufacturing PMI beat expectations and printed its highest since March. ASX...
Categories:
RANsquawk EU Open Rundown 31.07.17
31 Jul 2017, 06:55
Asian equities kicked the week off in an indecisive tone with focus on Chinese Mfg. PMI and North Korean TensionsUSD-index attempted to nurse recent losses and recover from its lowest level in 15-months, with the greenback notably regaining lost ground against CADLooking ahead, highlights include Eurozone CPI, Chicago PMI, Pending Home SalesASIAAsia equity markets traded mixed ahead of this week’s key risk events and as participants digested Chinese Manufacturing PMI and further...