Newsquawk

Blog

  • Asian equity markets were mostly higher as the region tracked the performance on Wall St.
  • FX markets traded somewhat indecisively due to a lack of data points overnight and amid a choppy CNH
  • Looking ahead, highlights include EZ (F) and Canadian CPI, Uni. of Michigan and Baker Hughes

ASIA

Asian equity markets were mostly higher as the region tracked the performance on Wall St where all majors gained as sentiment was buoyed by trade optimism from the announcement of...

Categories:
  • European equities (bar Italy) benefitting from the improved risk tone amid positive developments from Turkey and China
  • Atlantia shares seeing heavy losses as Italian traders return to their desks after the Genoa bridge disaster
  • Looking ahead, highlights include US housing starts, building permits and initial jobless claims

ASIA

Asian equity markets traded lower across the board on spill over selling from Wall St where all majors declined amid a tech and energy rout,...

Categories:
  • Asian equity markets traded lower across the board on spill over selling from Wall St although the announcement of US-China trade talks provided some glimmer of hope
  • Initial support for the USD, eventually petered out sending EUR/USD above the resistance at 1.1350 and GBP/USD reclaimed the 1.2700 handle
  • Looking ahead, highlights include Norges Bank interest rate decision, UK retail sales, US building permits and initial jobless claims

ASIA 
Asian equity markets traded...

Categories:
  • USDTRY remains low as tensions abound in turkey despite Pastor Brunson’s appeal rejection
  • Rising USD pressuring base metals, which is dragging on FTSE mining names
  • Looking ahead, highlights include, US retail sales, industrial production, SOMA and DoEs

ASIA

Asian equity markets were mostly negative as the region failed to take impetus from the gains on Wall St where all majors edged higher as Turkey and EM contagion concerns subsided. Nikkei 225 (-0.7%) weakened...

Categories:
  • Asian equity markets were mostly negative as the region failed to take impetus from the gains on Wall St where all majors edged higher
  • The greenback extended on gains which pressured its counterparts across the board. Turkey has raised tariffs on imported goods from the US
  • Looking ahead, highlights include UK inflation, US retail sales, industrial production, DoEs

ASIA

Asian equity markets were mostly negative as the region failed to take impetus from the gains on Wall St...

Categories:
  • TRY building on recovery post-liquidity measures, up ~4%, although Erdogan remains defiant
  • UK Unemployment rate falls to lowest in over 40 years, but real wage growth stagnates, GBP erased early morning gains and currently flat
  • Looking ahead the highlight is API weekly crude inventories

ASIA

Asian equity markets traded mixed as some of the regional bourses shrugged off the negative lead from Wall St where the S&P 500 and DJIA declined for a 4th consecutive day amid...

Categories:
  • Asian equity markets traded mixed as some of the regional bourses shrugged off the negative lead from Wall St. Chinese bourses underperformed their peers amid disappointing Chinese data
  • Tory Brexiteers are said to be planning to challenge PM May by publishing their own blueprint favouring a hard Brexit
  • Looking ahead, highlights include German GDP and ZEW Survey, UK jobs data and API weekly crude inventories

ASIA

Asian equity markets traded mixed as some...

Categories:
  • European equities kick-start the week lower across the board (Eurostoxx 50 -0.6%) with sentiment in the region soured by contagion concerns
  • USD/TRY soared through 7.0000 to a new record peak around 7.2150, and prompted the CBRT into action
  • Looking ahead, today’s calendar lacks tier 1 data

ASIA

Asian equity markets began the week lower across the board with sentiment in the region spooked on spill-over concerns as the Turkish lira extended on last...

Categories:
  • Asian equity markets began the week lower across the board with sentiment in the region spooked on spill-over concerns as the Turkish lira extended on last week’s slump
  • Sell-off in TRY sparks EM currency sell-off although TRY later found support on announcement of measures
  • Looking ahead, today’s calendar lacks tier 1 data

ASIA

Asian equity markets began the week lower across the board with sentiment in the region spooked on spill-over concerns...

Categories:
  • Reports of ECB concerns about European banks’ Turkish holdings slam the TRY to record lows
  • EUR, European equities struggling as investors take flight to safe haven assets
  • Looking ahead, highlights include, new Turkish economic model, US CPI and Canadian jobs

ASIA

Asian equity markets were mostly negative with sentiment subdued after a lacklustre lead from Wall St. where weakness in energy and financials dragged the DJIA and S&P 500, while the...

Categories:
  • Asian equity markets were mostly negative with sentiment subdued after a lacklustre lead from Wall St.
  • Heading into European trade, EUR/USD tripped stops on a break of 1.1500 to the downside to print its weakest level in around a year
  • Looking ahead, highlights include UK GDP and output, US CPI and Canadian jobs

ASIA

Asian equity markets were mostly negative with sentiment subdued after a lacklustre lead from Wall St. where weakness in energy and financials dragged the...

Categories:
  • FTSE 100 lags following a plethora of large cap ex-dividends and energy names underperforming
  • TRY hits new lows; RUB weakens on US sanctions
  • Looking ahead, highlights include US weekly jobs, PPI, Fed’s Evans and a US 30yr Bond Auction

ASIA

Asian equity markets were eventually mostly higher after bourses recovered from the initial trade-related losses triggered by China’s retaliation announcement of 25% tariffs on USD 16bln of US goods. This initially weighed...

Categories:
  • Asian equities shrugged off opening losses with Chinese bourses outperforming their regional peers
  • NZD/USD slipped to its lowest since early 2016 after the RBNZ kept rates unchanged as expected whilst providing a dovish rate outlook
  • Looking ahead, highlights include US weekly jobs, PPI, Fed’s Evans and a US 30yr Bond Auction

ASIA

Asian equity markets were eventually mostly higher after bourses recovered from the initial trade-related losses...

Categories:
  • Sterling continues its slide and returns to multi-month lows vs. USD and JPY
  • FTSE outperforming on GBP weakness
  • Looking ahead highlights include, US DoEs, RBNZ rate decision and supply from the US

ASIA

Asian stock markets traded mostly positive as they sustained the momentum from the US where the majors eked modest gains with the DJIA led by strength in energy and industrials, while the S&P 500 inched closer towards all-time highs. ASX 200 (+0.3%) was...

Categories:
  • Asian stock markets traded mostly positive as they sustained the momentum from the US. Shanghai Comp lagged after the US finalized its 2nd tranche of tariffs
  • DXY was subdued and eyes a retest of the 95.00 level to the downside. EUR/USD gained a firmer footing above the 1.1600 handle and GBP/USD rebounded from near 11-month lows
  • Looking ahead, highlights include US DoEs, RBNZ rate decision and supply from the UK and US

ASIA

Asian stock markets traded...

Categories:
  • European equities trade optimistically with all major bourses firmly in the green
  • AUD the major beneficiary of Yuan/EM recovery
  • Looking ahead, highlights include US APIs, US 3yr note auction, BoE’s McCafferty and further large-cap earnings

ASIA

Asian equity markets traded mostly higher following the positive performance in their US counterparts where the Nasdaq led the advances and the S&P 500 notched a 3rd consecutive gain to move to within 22 points from...

Categories:
  • Asian equity markets traded mostly higher following the positive performance in their US counterparts. RBA stood pat on rates as expected
  • GBP/USD continued to languish amid reports suggesting that UK PM May is losing support due to her Chequers plan and some see her departure as essential
  • Looking ahead, highlights include US APIs, US 3yr note auction, BoE’s McCafferty and further large-cap earnings

ASIA

Asian equity markets traded mostly higher...

Categories:
  • Cable probing 11-month lows as UK Trade Minister Fox cites 60% chance of “no deal Brexit”; USDTRY pushes to new record high of 5.1800
  • Oil spiking higher and up on the day on reduced supply, equities initially lower but push into positive territory in a news-thin morning
  • Scarce calendar ahead with no tier 1 data or scheduled events to look forward to

ASIA

Asian equity markets began the week mostly positive as bourses followed suit from...

Categories:
  • Dollar holds firm footing above 95.000 while GBP extends post-BoE declines
  • European equities rebound from yesterday’s losses as earnings remain in focus
  • Looking ahead, highlights include, US employment report, trade balance, ISM non-Mfg, Baker Hughes rig count

ASIA

Asian equity markets traded mixed as the momentum from US, where most majors gained and tech outperformed as Apple became the first ever to reach USD 1tln in market cap, was eventually...

Categories:
  • Asian equity markets traded mixed as the positive momentum from US failed to sustain ahead of key risk events and more soft Chinese data
  • FX markets were relatively quiet overnight in which the DXY held steady above the 95.00 level as most of its major counterparts took a breather from the prior day’s broad retreat
  • Looking ahead, highlights include UK, EZ & US services PMIs, US employment report, trade balance, ISM non-Mfg, Baker Hughes rig...
Categories:
  • US President Trump instructs USTR to consider 25% tariffs, instead of 10%, on USD 200bln of Chinese goods
  • USD strengthening and equities sliding on tariff concerns
  • Looking ahead, highlights include, BoE rate decision, minutes and QIR, US weekly jobs, factory orders and a slew of large cap earnings

ASIA

Asian equity markets were weaker across the board with sentiment weighed by increased global trade tensions after officials confirmed US President Trump...

Categories:
  • The Fed stood pat on rates as expected with little in the way of fireworks from the release. Markets continue to back a September hike at the FOMC
  • Asian equity markets were weaker across the board with sentiment weighed on by increased global trade tensions after US officials confirmed recent reports about potential hikes to Chinese tariffs
  • Looking ahead, highlights include UK construction PMI, BoE rate decision, minutes and QIR, US weekly jobs, factory orders and a slew of large cap...
Categories:
  • Trump administration plans to propose a higher tariff of 25% (Prev. 10%) on USD 200bln of imports from China with an announcement possible as soon as today, according to sources
  • European equities are marginally lower as focus once again remains on earnings. Apple higher by 3.5% in pre-market trade post-earnings
  • In FX, Greenback overall has rebounded further from Tuesday’s lows ahead of the latest FOMC decision
  • Looking ahead, highlights include US Mfg PMI, US ADP, Constructions...
Categories:
  • Asian equity market were initially mostly higher as region got a tailwind from US. However, sentiment was soured after reports that the Trump administration is planning to propose an increase to 25% tariffs from 10% on USD 200bln of Chinese goods
  • In FX markets, the greenback remained firm with the DXY near the prior day’s highs around 94.50 as its major counterparts languished
  • Looking ahead, highlights include EZ, UK & US Mfg PMIs, US ADP, Constructions Spending, ISM Mfg, DoEs, Quarterly...
Categories:
  • Bank of Japan stand pat on rates, announce more flexibility in yields and forward guidance
  • Eurozone GDP below expectations and inflation above expectations, EUR unmoved
  • Looking ahead, highlights include, US PCE, Personal Spending, Canadian GDP, Chicago PMI and a slew of large cap earnings

ASIA

Asian equity markets traded mostly subdued after the continued tech sell-off in US where all majors declined and the Nasdaq posted its worst 3-day performance in 4...

Categories: