Key Events

Sunday: Deadline to form Italian government

Monday: OPEC Monthly Report

Tuesday: RBA Minutes, UK Labour Market Data, German ZEW, EZ GDP (2nd reading), US Retail Sales, US TIC Flows

Wednesday: Japan GDP (Prelim), EZ CPI (Final), US Building Permits, Housing Starts, Industrial Production

Thursday: Australia Labour Market Data

Friday:  Japan CPI, Canada CPI

 

North America

NAFTA DEAL (soft ‘deadline’ 17...

Asian stocks traded positive across the board following the energy-fuelled upside on Wall St

NZD pressured after RBNZ stood pat on rates and provided a dovish tone. USD slightly eased back to 93.00

Looking ahead, highlights include UK production figures, BoE rate decision, minutes and QIR, US CPI and weekly jobs

ASIA

Asian stocks traded positive across the board following the energy-fuelled upside on Wall St, where oil names outperformed as crude gained in the wake of Trump’s...

US President Trump announced the US is to pull out of the Iran nuclear deal and will institute ‘highest level’ of sanctions on Iran

Asia stocks traded mixed after a lacklustre lead from Wall St. USD firmer with the DXY above 93.00 and at a fresh YTD high amid rising US yields

Looking ahead, highlights include Norwegian and Swedish CPI, US PPI, DoEs, Fed’s Bostic, RBNZ and US 10yr Auction

IRAN NUCLEAR AGREEMENT

US President Trump announced the US is to pull out of the...

Asian stocks began the week mostly positive as the region took its first opportunity to digest Friday’s gains on Wall St. In FX, the greenback was slightly weaker against its main counterparts

UK PM May is prepared for a blacklash from Brexiteers after pushing ahead with her hybrid customs plan

Looking ahead, highlights include Fed’s Bostic, Barkin, Harker, Kaplan and ECB’s Praet. UK markets are closed

ASIA

Asian stocks began the week mostly positive as the region took...

Asian stocks traded with a subdued tone following a yo-yo session in US where stocks finished mostly negative although well off worst levels

Ireland reportedly has the support of EU leaders to veto Brexit trade agreement and collapse discussions if there is no solution on the Irish border issue

Looking ahead, highlights include Eurozone services PMIs, US jobs and a slew of speakers and earnings

ASIA

Asia stocks traded with a subdued tone following a yo-yo session in US where stocks...

Fed held Funds Target Rate at 1.50%-1.75% as expected. Fed said inflation moved close to its “symmetric” inflation target of 2% and is expected to ‘run near’ that level over the medium term

Asian equity markets traded mostly negative following the weakness on Wall St post-FOMC

Looking ahead, highlights include Norges rate decision, UK services PMI, EU CPI, US trade, weekly jobs, ISM non-mfg, factory orders, a slew of speakers and earnings

FOMC

Fed held Funds...

US equity futures initially lifted by Apple earnings (outperformance in the Nasdaq 100) before gains were trimmed amid latest Trump/Mueller developments

DXY took a breather from yesterday’s advances but remained above the 92.00 level. EUR/USD and GBP/USD just about held on to the 1.2000 and 1.3600 handles respectively

Looking ahead, highlights include EZ mfg PMIs, UK construction PMI, EZ GDP, US ADP, FOMC, DoEs, US refunding and a slew of speakers

HIGHLIGHTS FROM YESTERDAY/LATE MONDAY FOR EU...

Asia-Pac equity markets traded positive, although lacked firm impetus amid mass closures in the region

Israel PM Netanyahu said Iran has been hiding nuclear weapons activity and that Israel can provide “new and conclusive proof” of this

Looking ahead, highlights include UK and US mfg PMI, Canadian GDP, US construction PMI, ISM mfg PMI, APIs, NZ jobs and GDT

ASIA

Asia-Pac equity markets traded positive, although lacked firm impetus amid mass closures in the region and following...