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  • European bourses & US futures are in the green but only modestly so as markets continue to count down to multiple Central Bank announcements
  • USD remains pressured pre-FOMC but the index retains 105.00 with peers generally contained/modestly firmer
  • EGBs and Gilts continue to regain some poise while USTs are contained and meandering either side of parity
  • Crude benchmarks retain a positive bias but have slipped from best following the...
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  • APAC stocks were mostly lower following the flat performance stateside ahead of a flurry of central bank meetings.
  • European equity futures are indicative of a contained open with Euro Stoxx 50 future flat after the cash market closed down 1.4% yesterday.
  • FX markets are steady with the DXY maintaining 105 status, EUR/USD rangebound and USD/JPY bouncing off support at 147.50.
  • Crude futures continued to gain with Brent crude futures above...
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  • European bourses are in the red with US futures contained in light newsflow ahead of a key Central Bank week
  • DXY above 105.00, but in the red, Antipodeans outperform with other G10s relatively contained vs USD
  • Debt futures depressed heading into a packed week, yields bid across the curve with the belly leading
  • Crude benchmarks remain firmer as known demand- & supply-side factors continue to assist
  • US’ Sullivan...
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  • APAC stocks were mostly lower following last Friday’s declines on Wall St and with the region cautious in holiday-thinned trade.
  • Evergrande shares slumped by more than 20% after some of its wealth management employees were detained by Chinese authorities.
  • European equity futures are indicative of a softer open with Euro Stoxx 50 future -0.1% after the cash market closed up 0.4% on Friday.
  • DXY and EUR/USD were contained on 105 and 1.06...
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  • MON: Japanese Holiday; Canadian Producer Prices (Aug)
  • TUE: RBA Minutes (Sep); EZ Current Account (Jul), US Building Permits/Housing Starts (Aug), Canadian CPI (Aug)
  • WED: FOMC, PBoC LPR, Banxico & BCB Policy Announcements, BoC Minutes (Sep); Japanese Trade Balance (Aug), UK CPI (Aug), Swedish Unemployment (Aug), New Zealand GDP (Q2)
  • THU: BoE, SNB, Riksbank, Norges Bank, SARB & CBRT Policy Announcements; UK...
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  • MON: Japanese Holiday; Canadian Producer Prices (Aug)
  • TUE: RBA Minutes (Sep); EZ Current Account (Jul), US Building Permits/Housing Starts (Aug), Canadian CPI (Aug)
  • WED: FOMC, PBoC LPR, Banxico & BCB Policy Announcements, BoC Minutes (Sep); Japanese Trade Balance (Aug), UK CPI (Aug), Swedish Unemployment (Aug), New Zealand GDP (Q2)
  • THU: BoE, SNB, Riksbank, Norges Bank, SARB & CBRT Policy Announcements; UK...
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  • European bourses are in the green as sentiment improves after constructive Chinese data
  • Though, US futures are more contained with specifics light into Quad Witching
  • DXY idles above 105.00, JPY pressured as yields lift despite sources while Yuan rebounds on mentioned data
  • Fixed benchmarks under pressure in a marked reversal of post-ECB highs with multiple factors weighing
  • Crude benchmarks firmer intraday, though shy...
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  • US stocks rallied with risk sentiment spurred by several factors including strong US data, a dovish ECB hike, the PBoC RRR cut, and a blockbuster Arm IPO.
  • APAC stocks gained after global risk was fuelled by the upside in Europe and the US; Hang Seng and Shanghai Comp were both initially underpinned by the encouraging Chinese activity data.
  • DXY marginally softened but held on to most of the prior day’s gains above the 105.00 level while EUR/USD languished around a...
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  • European bourses are generally contained pre-ECB, though the FTSE 100 sees marked outperformance
  • Stateside, futures fare slightly better than mainland European peers ahead of numerous US data points
  • DXY back to a 104.80 peak, AUD underpinned post-jobs with EUR & GBP rangebound
  • Debt futures experience modest divergence going into the ECB where a hike is priced with around 65% probability
  • Crude benchmarks continue...
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  • APAC stocks were predominantly firmer and mostly shrugged off the indecision seen on Wall St.
  • European equity futures are indicative of a higher open with Euro Stoxx 50 future +0.2% after the cash market closed down 0.4% yesterday.
  • DXY is a touch softer but holding above 104.50, EUR/USD lingers around 1.0750 ahead of ECB, AUD firmer post-jobs.
  • The latest Aussie employment data provided encouragement but was predominantly fuelled by an...
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  • European bourses are in the red following the risk-off sentiment in APAC trade, US futures tentative pre-CPI
  • European autos saw brief marked outperformance on von der Leyen’s comments, though this has since pared
  • DXY is on a firmer footing with EUR & GBP softer while the PLN experienced marked appreciation after the Polish PM’s advisor spoke
  • EGBs softer after hawkish ECB sources while Gilts remain in the green after particularly soft...
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  • APAC stocks were pressured following the tech-led declines on Wall St owing to the Apple event and with participants cautious ahead of the upcoming US CPI data.
  • Apple (AAPL) shares sold off after the new iPhone prices provided some disappointment, whilst some also cited a “sell the news” event. 
  • ECB’s new 2024 inflation projection is to be above 3% vs. 3% in June, firming the case for an interest rate hike, according to Reuters...
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  • European bourses/US futures are generally struggling for direction though Tech lags post-ORCL -9.1% pre-market
  • USD at the top-end of parameters but still sub-105.00; GBP stumbles on caveats to UK wage data
  • Gilts outperform post-data but are off highs as BoE’s appointee Breeden says she agrees that August CPI risks are skewed to the upside
  • Crude benchmarks choppy with specifics light while TTF continues to benefit from strike action, metals...
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  • APAC stocks were mixed with the region tentative in the absence of any fresh macro catalysts.
  • European equity futures are indicative of a slightly higher open with Euro Stoxx 50 future +0.2% after the cash market closed up 0.4% yesterday.
  • DXY was contained above 104.50, EUR/USD and USD/JPY are steady on 1.07 and 146 handles respectively, Cable eyes jobs data
  • Australia union said it wants industrial action to continue until it secures a...
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  • European bourses & US futures are firmer in a continuation of the APAC handover where action was driven by Chinese inflation
  • Tesla +5.5% in pre-market trade following action by Morgan Stanley
  • USD pressured by both the JPY & Yuan following Ueda and midpoint/CPI respectively
  • Core fixed benchmarks remain depressed but are off worst as JGBs regroup from BoJ-inspired lows
  • Crude continues to pullback despite...
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  • APAC stocks traded mixed as yields climbed following comments from BoJ Governor Ueda.
  • Ueda said the BoJ cannot rule out that they might have sufficient data by year-end to determine whether they can end negative rates. 
  • Chinese inflation data showed headline CPI Y/Y was softer than expected but no longer in deflationary territory.
  • European equity futures are indicative of a slightly higher open with Euro Stoxx 50 future...
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  • MON: Norwegian CPI (Aug)
  • TUE: EIA STEO, OPEC MOMR; Swedish Unemployment (Aug), UK Unemployment (Aug) & Wages (Jul), Norwegian GDP (Jul), Germany/EZ ZEW (Sep)
  • WED: IEA OMR; UK GDP Estimate (Jul), US CPI (Aug)
  • THU: ECB Policy Announcement, Norges Bank Regional Network; Australian Employment (Aug), Swedish CPIF (Aug), US Retail Sales (Aug), IJC (w/e 4th Sep), New Zealand Manufacturing PMI (Aug)
  • FRI: Quad...
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  • US futures reside in the red but are faring better than European counterparts which have drifted since the open
  • AAPL unreactive to incremental iPhone updates while Morgan Stanley believes the two-day stock sell-off is overdone
  • DXY has slipped as yields lift but remains near 105.00 as the JPY wanes from best, Antipodeans outperform after recent pressure
  • Core benchmarks underpinned on risk aversion ahead of Canadian jobs and a Fed...
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  • APAC stocks declined amid US-China tech-related frictions and disappointing Japanese GDP revisions.
  • Fed’s Logan who noted that it could be appropriate to skip an interest rate increase this month and that skipping does not imply stopping rate hikes.
  • European equity futures are indicative of a slightly higher open with Euro Stoxx 50 future +0.1% after the cash market closed down 0.4% yesterday.
  • DXY retreated back below 105, EUR/USD sits in...
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  • European bourses spent the morning in the red but have benefited from a broader yield-induced pick up in sentiment
  • Stateside, futures remain in the red but as above are off lows. NQ lags given marked AAPL pressure in the pre-market
  • DXY remains firmer but has been unable to breach the 105.00 mark with GBP suffering as BoE expectations drift further
  • Gilts lead European benchmarks higher, though the complex is yet to retain the bulk of...
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  • APAC stocks were pressured as the region took its cue from the losses stateside, while participants also digested the latest Chinese trade data.
  • Chinese trade data showed a continued contraction in the nation’s exports and imports but was not as bad as feared.
  • European equity futures are indicative of a lower open with Euro Stoxx 50 future -0.3% after the cash market closed down 0.7% yesterday.
  • DXY held on to yesterday's data-driven gains,...
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  • European bourses & US futures are under pressure, though the latter comparably more contained pre-data/Fed speak
  • DXY dips but retains an underlying bid while JPY outperforms after jawboning, CAD soft pre-BoC as crude pullsback
  • A session of consolidation for crude after Tuesday’s pronounced upside, metals feature spot gold near unchanged while base peers have lifted from lows in-line with China
  • EGBs pressured by hawk-Knot after fleeting...
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  • APAC stocks traded mostly in the red following the subdued handover from Wall Street where sentiment was clouded by the higher yield environment.
  • European equity futures are indicative of a lower open with Euro Stoxx 50 future -0.4% after the cash market closed down 0.3% yesterday.
  • DXY has held on to a bulk of yesterday's gains, USD/JPY remains on a 147 handle, EUR/USD languishes firmly below 1.08.
  • Japanese top currency diplomat Kanda...
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  • European bourses/US futures are subdued as soft Chinese data weighs on sentiment, though equities are off lows as the US returns
  • DXY continues to climb with risk-aversion and accompanying yield upside fuelling the strength, Antipodeans lag given the China data while the RBA was as-expected
  • Core fixed benchmarks are in the red with action occurring around the EZ/regional and UK PMIs but for the most part this has been shortlived; US yields bid across the...
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  • APAC stocks were mostly subdued after the holiday lull stateside and as the region digested disappointing data including weaker-than-expected Chinese Caixin Services PMI.
  • European equity futures are indicative of a slightly lower open with Euro Stoxx 50 future -0.1% after the cash market closed down 0.1% yesterday.
  • DXY is contained above the 104.00 level, EUR/USD lingers below 1.08 and AUD lags.
  • RBA kept the Cash Rate Target unchanged at...
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