• 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...

• 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...

• 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%...

• 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...

• 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%...

• 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);...

• 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...

• 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...

• 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...

• 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...

• 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...

• 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...

• 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...

• 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...

• 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...

• 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...

• 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...

• APAC stocks traded lower throughout most of the session as the downbeat mood reverberated from Wall Street.
• DXY pulled back closer towards 99.50 in early APAC hours as US yields eased; commodity-FX lagged.
• The FOMC minutes were hawkish with regards to the monthly caps on Treasuries/MBS and on rates.
• European equity futures are indicative of a slightly softer open with the Euro Stoxx 50 future -0.3% after the cash market closed lower by 2.4%...

• Equity bourses/futures have come under further pressure after a tepid APAC handover, as the NQ underperforms amid renewed yield advances pre-FOMC Minutes
• However, while ES has lost the 4500 mark it is yet to test/breach the 200-DMA at 4484
• Geopolitical updates have been thin and primarily focused around Russian sanctions
• Albeit, such updates have been sufficient to provide WTI and Brent with an underlying bid
• DXY has...

• APAC stocks traded lower across the board following the losses on Wall Street; S&P 500 -1.2%, Nasdaq -2.2%.
• European equity futures are indicative of a slightly softer open with the Euro Stoxx 50 future -0.4% after the cash market closed lower by 0.8% yesterday.
• DXY remains firm above 99.50 (fresh YTD highs), JPY lags with USD/JPY above 124 at one stage, EUR/USD hovers around 1.09.
• ECB's Wunsch said the ECB's inflation target is...

• European bourses began the session lackluster before seeing a marginal pick up amid broader risk-on moves as Ukraine's Zelensky spoke.
• However, this upside was fleeting with bourses and US futures now softer, ES -0.30%, amid reports of EU sanctions touching on energy (via coal)
• DXY remains bid but capped just above 99.00 while AUD outperforms amid RBA implying meetings are live
• Bunds have retreated markedly from initial best levels and after...

• APAC stocks traded mixed as the region observed mass closures, with Mainland China, Hong Kong, and Taiwan all away.
• US equity futures traded flat with a slightly softer bias but around yesterday’s best levels.
• European equity futures are indicative of a slightly flat/softer open with the Euro Stoxx 50 future -0.1% after the cash market closed higher by 0.8% yesterday.
• DXY hovers around the 99.00 mark, AUD outperforms post-RBA, EUR/USD...

• European bourses are mixed with US futures similarly contained, ES +0.1, amid limited newsflow and with a thin docket ahead.
• Russian Chief Negotiator said Russia's position on Crimea and Donbas remains unchanged, a draft peace agreement is not ready and talks will resume on Monday
• DXY continues to grind higher as EUR lags amid yield pressure as EGBs bounce, though GBP/Gilts await BoE speak via dovish-dissenter Cunliffe
• WTI and Brent are...

• Asia-Pac equities initially traded mixed, but sentiment improved; Mainland China was closed whilst Hong Kong outperformed.
• Russian Chief Negotiator said Russia's position on Crimea and Donbas remains unchanged and talks will resume on Monday.
• European equity futures are indicative of a slightly firmer open with the Euro Stoxx 50 future +0.2% after the cash market closed higher by 0.4% on Friday.
• DXY remains above 98.50, EUR/USD was flat on...

• MON: EZ Sentix, US Factory Orders.
• TUE: RBA Policy Announcement; EZ, UK, US Comp & Services PMI (Final), US ISM Services PMI.
• WED: FOMC Minutes; ECB's Lane, Schnabel, de Guindos, Panetta; Fed's Harker
• THU: ECB Minutes; EZ Retail Sales, US Weekly Jobless Claims.
• FRI: Canada Jobs.

NOTE: Previews are listed in day-order

RBA POLICY ANNOUNCEMENT...