• European bourses are pressured, Euro Stoxx 50 -0.5%, but well off post-open lows amid a gradual pick-up in sentiment
• Stateside, futures are directionally in-fitting but with magnitudes less pronounced with earnings season underway from Tuesday; ES -0.4%
• USD is bid and in proximity to Friday’s 107.79 best (107.75) thus far, with peers pressured and JPY lagging amid BoJ remarks
• Antipodeans slip on the China COVID situation as Shanghai...

• APAC stocks traded mostly lower, US equity futures were pressured, and European equity futures are indicative of a lower open
• DXY traded higher amid the mostly risk-averse mood, USD/JPY briefly rose above 137.00 and extended to its highest level since 1998
• 10yr USTs remained subdued, Bunds languished beneath the 150 level, and 10yr JGBs were pressured
• Crude futures were choppy whilst spot gold languished near last week's lows and industrial...

• SAT: Chinese Inflation (Jun).
• MON: US Employment Trends (Jun), Eurogroup Meeting.
• TUE: German ZEW Economic Sentiment (Jul), OPEC MOMR.
• WED: RBNZ Announcement, BoC Announcement, Chinese Trade Balance (Jun), UK GDP (May), EZ Industrial Production (May), US CPI (Jun), US Cleveland Fed CPI (Jun), IEA OMR.
• THU: BoK Announcement, Australian Labor Market Report, US PPI (Jun).
• FRI: US...

• European bourses have been choppy throughout the session, moving between modest gains and losses despite a lack of fresh fundamental drivers
• DXY continues to climb printing 107.79 at best, to the detriment of peers & commodities; before backing off modestly
• USTs are steady pre-NFP while Bunds have been somewhat choppy, but generally relatively contained
• Fresh fundamentals have been limited for commodities, and focused on familiar themes,...

• APAC stocks were higher across the board as the region took impetus from Wall St's fourth consecutive win streak.
• Former Japanese PM Abe collapsed and was taken to hospital after he was shot in the chest during a speech.
• European equity futures are indicative of a flat open with Eurostoxx 50 unchanged after the cash market closed up by 2.0% yesterday.
• DXY traded on either side of 107, EUR/USD stalled just shy of 1.02 and JPY gained post-Abe...

• European bourses are firmer across the board, Euro Stoxx 50 +1.5%, in a continuation of the constructive APAC handover though action remains choppy.
• Bourses, and US futures, were bolstered amid reports that China is considering USD 220bln of stimulus with unprecedented bond sales, via BBG.
• DXY takes a reprieve and resided sub-107.00 with antipodeans leading on sentiment and GBP bid amid the looming resignation of PM Johnson
• Reports on this...

• APAC stocks traded mostly positive but with gains capped following the choppy performance on Wall St.
• FOMC Minutes stated that participants recognised the possibility that an even more restrictive stance could be appropriate if elevated inflation pressures were to persist.
• European equity futures are indicative of a higher open with Eurostoxx 50 +1.3% after the cash market closed up by 1.7% yesterday.
• DXY eased back beneath 107, EUR/USD is...

• European bourses are firmer across the board, Euro Stoxx 50 +1.3%, continuing to take impetus from the NDX-led rebound in US hours
• Stateside, futures are mixed/flat at present, but like their European peers have been choppy in overnight ranges awaiting data and Fed speak
• DXY continues to lift, at 106.80 highs to the detriment of peers across the board ex-JPY on technical factors
• In-fitting with the above, core debt is choppy but maintains...

• APAC stocks were mostly negative with risk appetite sapped by headwinds from the global growth concerns
• DXY was rangebound and took a breather from the prior day’s outperformance, EUR/USD remained lacklustre, and USD/JPY retreated
• 10yr USTs mildly pulled back but held on to most of the prior day’s gains and Bunds stalled overnight but with the downside limited
• Crude futures nursed some of the prior day's near-record slump; WTI traded on both...

• European bourses are lower across the board, Euro Stoxx 50 -0.8%, as a broader risk-off move takes hold
• Stateside, futures are in-fitting with this bit lifting incrementally off worst levels going into the US session
• DXY climbs to a fresh YTD peak at 106.24, to the detriment of peers across the board though safe-havens are, relatively speaking, outperforming
• Associated upside in fixed income has waned from initial highs, though associated...

• APAC stocks traded mostly positive amid a pick-up from the holiday lull although Chinese markets faltered.
• European equity futures are indicative of a higher open with Eurostoxx 50 +0.7% after the cash market closed up by 0.5% yesterday.
• DXY is contained, JPY lags G10 FX with USD/JPY above 136.00, AUD was softer post-RBA rate hike. 
• RBA hiked rates by 50bps, as expected, while it refrained from any hawkish surprises and reiterated its...

• APAC stocks traded mixed as early momentum in the region was partially offset by Chinese default and COVID concerns
• US equity futures pulled back after Friday's gains with demand sapped amid the long weekend in the US
• DXY traded rangebound amid the mixed risk appetite, EUR/USD and GBP/USD lacked direction, and USD/JPY remained subdued
• The Biden administration is said to be split on whether to remove Chinese tariffs, according to FT...

• MON: German Trade Balance (May), EZ Sentix Index (Jul); US Independence Day.
• TUE: RBA Announcement, South Korean CPI, EZ/UK/US Final Services and Composite PMI (Jun), US Durable Goods R (May).
• WED: FOMC Minutes. German Industrial Orders (May), EZ Retail Sales (May), US ISM Services PMI (Jun).
• THU: ECB Minutes, Australian Trade Balance (May), Swiss Unemployment (Jun), Canadian Trade Balance (May), US ADP National Employment (Jun),...

• European bourses are now mostly in the green to varying degrees after nursing opening losses
• US equity futures remain in negative territory but off worst levels as the contracts coat-tail on some of Europe's upside
• In FX, Dollar regroups after a late month-end fade amidst broad gain, JPY outperforms whilst high-beta G10s lag
• Debt futures rack up more safe-haven gains before a recovery in risk sentiment and sharp...

• APAC stocks began the new trading month mostly in the red following a downbeat session on Wall St. which saw the S&P 500 close off its worst H1 performance since 1970
• Chinese Caixin Manufacturing PMI data rose to its highest level since May 2021
• European equity futures are indicative of a negative open with Eurostoxx 50 -0.9% after the cash market closed lower by 1.7% yesterday
• DXY remains sub-105, JPY leads G10 FX whilst antipodeans...

• Risk-off experienced across most markets on the final day of the month, quarter, and half-year
• European bourses are lower across the board; US equity futures succumb to the downside with NQ underperforming
• In FX, DXY extends above 105.000, Yen regroups as yields drop, EUR/USD inches lower towards 1.04
• Debt in demand on safe haven grounds rather than duration as curves steepen on less hawkish/more dovish market...

• APAC stocks were varied at month-end amid a slew of data releases including mixed Chinese PMIs.
• European equity futures are indicative of a negative open with Eurostoxx 50 -0.5% after the cash market closed lower by 1.0% yesterday.
• DXY lingers around the 105 mark, EUR/USD dipped as low as 1.0434 overnight, AUD leads G10 FX.
• Crude futures nursed some of the prior day's losses but with the rebound capped by the mixed risk...

• European bourses are on the backfoot as the region plays catch-up to the losses on Wall Street yesterday
• US equity futures trade on either side of the unchanged mark with no stand-out performers thus far
• In FX, Dollar is mostly bid, CHF outperforms, JPY is rangy, EUR sees conflicting inflation prints, and antipodeans lag
• Bunds unwind all and a bit more of their hefty post-NRW CPI gains as other German states show smaller inflation slowdowns...

• APAC stocks were pressured amid headwinds from the US where disappointing Consumer Confidence data added to growth concerns (S&P 500 -2%)
• European equity futures are indicative of a softer open with Eurostoxx 50 -0.6% after the cash market closed higher by 0.3% yesterday
• DXY hovers around the 104.50 mark, EUR/USD maintains 1.05 status and USD/JPY sits on a 136 handle
• Turkey dropped its opposition to Sweden and Finland’s NATO...

• European bourses are firmer as sentiment picked up heading into the cash open amid encouraging Chinese COVID headlines
• China is to cut quarantine time for international travellers; Shanghai Disneyland (DIS) will reopen on June 30th
• US equity futures saw a leg higher in tandem with global counterparts, with the RTY narrowly outperforming
• Bond reversal continues amidst buoyant risk sentiment, hawkish ECB commentary and...

• APAC stocks were mixed with the region partially shrugging off the lacklustre handover from the US (S&P 500 -0.3%)
• European equity futures are indicative of a softer open with Eurostoxx 50 -0.4% after the cash market closed higher by 0.2% yesterday
• DXY continues to hover around the 104 mark with G10 FX muted ahead of the European session
• French President Macron informed US President Biden of limited extra oil production capacity for...

• European bourses are kicking off the week on the front-foot as global equities see tailwinds from Wall Street’s bounce on Friday
• Stateside, US equity futures track sentiment higher – with the NQ the current outperformer vs the ES, YM, and RTY
• In FX, DXY pivots 104.00, Yen benefits from all round fix buying, Aussie lags on Aud/Nzd headwinds, and the Yuan is underpinned
• Debt futures unwind more recovery gains with EGBs leading the way; T-note...

• APAC stocks were higher across the board as the region took impetus from last Friday's firm gains on Wall St heading closer into month-end
• European equity futures are indicative of a firmer open with Eurostoxx 50 +0.5% after the cash market closed higher by 2.8% on Friday
• US is pushing to discuss a price cap on Russian oil during the G7 summit, also looking to ban imports of Russian gold
• DXY heads into the European session sub-104, JPY leads...

• MON: US Durable Goods (May); BoJ SOO.
• TUE: NBH Announcement; German GfK Sentiment (Jul).
• WED: EZ Sentiment Survey (Jun); US GDP Final (Q1).
• THU: Chinese Official PMIs (Jun); US PCE (May); UK GDP (Q1); German/EZ Unemployment (Jun); German CPI Prelim (Jun); Riksbank Announcement; OPEC Meeting.
• FRI: Eurozone Flash CPI (Jun); US ISM Manufacturing (Jun).

NOTE: Previews are listed in...

• European bourses have coat-tailed on the positivity seen on Wall Street yesterday; sectors overall project a modest defensive bias
• US equity futures are firmer across the board – with the NQ narrowly leading the pack, whilst the ES topped resistance at 3,800
• DXY resides towards the bottom of a relatively contained intraday range, still above 104.00; NZD outperforms
• Debt recoils after stretching recovery limits further, with trading volumes...