10 Dec 2024, 06:40 by Newsquawk Desk
- APAC stocks were mostly firmer following a negative Wall Street lead but with APAC players reacting to China easing its overall monetary policy stance.
- G10 FX was mostly flat, whilst the AUD was hit on a dovish hold by the RBA, Yuan saw gains.
- RBA maintained its cash rate at 4.35% as expected and suggested the Board is gaining some confidence that inflation is moving sustainably towards target.
- European equity futures are indicative of a...
09 Dec 2024, 11:01 by Newsquawk Desk
- European bourses initially gained, taking impetus from positive commentary via the Chinese Politburo; upside which has since faded. US equity futures are mixed.
- China's Politburo says next year must seek progress while maintaining stability; China's fiscal policy to be more proactive next year. Monetary policy is to be moderately loose, via Xinhua.
- Dollar is at incremental session lows; Antipodeans benefit from the positive sentiment, whilst havens...
09 Dec 2024, 06:58 by Newsquawk Desk
- APAC stocks were mixed for a bulk of the session before eventually trading mostly lower, with South Korean stocks underperforming amid more political angst.
- US President-elect Trump said he cannot guarantee Americans will not pay more as a result of tariffs, according to NBC's Meet the Press.
- Syrian rebel fighters captured the capital Damascus and toppled Bashar al-Assad's regime; Israeli ground forces advanced beyond the demilitarized zone on the Israel-Syria...
06 Dec 2024, 15:18 by Newsquawk Desk
- MON: Eurogroup Meeting; Chinese CPI & PPI (Nov), EZ Sentix (Dec), US Employment Trends (Nov)
- TUE: RBA Policy Announcement, EIA STEO; German Final CPI (Nov), Norwegian CPI (Nov), US NFIB (Nov), Chinese Trade Balance (Nov), Chinese Central Economic Work Conference
- WED: BoC & BCB Policy Announcement, OPEC MOMR; South African CPI (Nov), US CPI (Nov)
- THU: ECB & SNB Policy Announcements, Norges Bank Regional Network, IEA OMR;...
06 Dec 2024, 11:10 by Newsquawk Desk
- European stocks are mixed and US futures trade sideways amidst a lack of fresh pertinent catalysts in the run-up to the US jobs report.
- USD is a touch firmer vs. most peers in the run-up to today's NFP print, EUR's rally vs. the USD has paused for breath, JPY and Antipodeans are softer.
- USTs are a touch lower following yesterday's flattening of the curve. Fresh macro drivers for the US are on the light side in the run-up to today's NFP...
06 Dec 2024, 07:00 by Newsquawk Desk
- 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,...
05 Dec 2024, 12:05 by Newsquawk Desk
- 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...