RANsquawk EU Open Rundown 17.08.17
17 Aug 2017, 06:51
FOMC minutes saw downside in USD and yields with the Fed cautious over inflation prospects for the USAsian equities were relatively indecisive. AUD/USD retreated from two-week highs following the latest Aus jobs reportLooking ahead, highlights include UK retail sales, Eurozone inflation, ECB minutes, Fed’s Kaplan and KashkariFOMC MinutesFOMC minutes showed that some policymakers were prepared to announce a starting date for winding down the balance sheet at the July meeting and...
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RANsquawk EU Open Rundown 16.08.17
16 Aug 2017, 06:54
Asia-Pac equities trade with a lack of direction amid light newsflow. Outperformance in KOSPI amid return from holidayFX markets are relatively tentative ahead of FOMC minutes. GBP/USD trades below 1.2900, EUR/USD and USD/JPY sidewaysLooking ahead, highlights include UK jobs report, Eurozone GDP, DoEs and the FOMC minutesASIAAsia equity markets followed on from the indecisive tone seen on Wall Street where quiet newsflow kept stocks rangebound. This resulted to a mixed picture in...
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FOMC July 2017 Meeting Minutes Preview
15 Aug 2017, 20:14
FOMC’s July 2017 Meeting Minutes Preview, Due For Release At 19:00 London, 14:00 New York On Wednesday 16th August 2017
The July meeting saw the Federal Reserve leave it Federal Funds target range unchanged at 1.00-1.25%, with a 9-0 vote. Heading into the decision focus was on the rhetoric surrounding the normalisation of the FOMC’s balance sheet, and the policy statement (Categories:
RANsquawk EU Open Rundown 15.08.17
15 Aug 2017, 06:54
Asian equities traded higher as geopolitical tensions cooled with outperformance in tech stocks also bolstering sentimentPrice action in FX markets centred around the JPY as the currency weakened on safe-haven outflows, which pushed USD/JPY above the 110.00 levelLooking ahead, highlights include German GDP, UK inflation, US retail sales, NZ Dairy Auction, APIsASIAAsian equity markets traded higher following the gains in US where the NASDAQ led the advances on continued tech...
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RANSQUAWK WEEK IN FOCUS: Central Bank Meeting Minutes Dominate, While UK Data Looms
14 Aug 2017, 11:20
Key Events: - Monday: Japan GDP (Q2, P)Tuesday: UK Inflation Data (Jul), US Retail Sales (Jul) RBA Meeting MinutesWednesday: FOMC Meeting Minutes, Eurozone GDP (Q2) UK Labour Market Report (Jun/Jul)Thursday: UK Retail Sales (Jul), Australian Labour Market Report (Jul), ECB Meeting Minutes (Jul)Friday: North America: - Wednesday...
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RANsquawk EU Open Rundown 14.08.17
14 Aug 2017, 06:58
Equity markets begin the week on the front foot with Asian bourses taking the firm lead from Wall Street.AUD traded in choppy fashion with initial outperformance offset by weak Chinese data.Looking ahead, highlights include Eurozone industrial production. ASIAAsian equity markets traded mostly higher following the rebound of US stocks last Friday on Wall Street where the NASDAQ outperformed amid tech strength, while a miss on CPI dampened prospects of a December Fed hike....
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RANsquawk EU Open Rundown 11.08.17
11 Aug 2017, 06:55
Geopolitical tensions remain at the forefront of market sentiment amid further fighting talk between the US and NKThis led to selling pressure in Asia-Pac stocks (Japan away) with safe-haven assets continue to benefitLooking ahead, highlights include US CPI, Fed’s Kaplan and KashkariASIAAsia stock markets were heavily pressured amid continued geopolitical tensions after further fighting talk between US and North Korea, which also saw US indices close negative for a 3rd consecutive...
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RANsquawk EU Open Rundown 10.08.17
10 Aug 2017, 06:55
Lingering geo-political concerns continue to weigh on Asian equities.NZD underperforms as the RBNZ kept a somewhat dovish-to-neutral tone.Looking ahead, highlights include UK Mfg. and Construction output, US PPI and comments from Fed’s Dudley. ASIAAn attempt by Asian indices to pick themselves up from the recent geopolitical-triggered losses, gradually petered out tspanoughout the session which saw the region’s bourses negative across the board. ASX 200 (-0.2%) and Nikkei...
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RANsquawk EU Open Rundown 09.08.17
09 Aug 2017, 06:54
Increased geopolitical tensions after a war of words between US and North Korea dampened global risk sentimentThis saw the DJIA snap it’s 9-day streak of record closes, softness in Asia-Pac equities and a flight to safety in FX marketsLooking ahead, highlights include US Wholesale Sales, weekly DoE inventories and RBNZ rate decisionASIAIncreased geopolitical tensions after a war of words between US and North Korea dampened global risk sentiment, which ensured the DJIA snapped a...
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RANsquawk EU Open Rundown 08.08.17
08 Aug 2017, 06:53
Asian equities traded mostly lower with focus on Chinese trade data which showed exports and imports falling short of expectationsUSD traded subdued to marginally benefit its major counterparts in which EUR/USD gained a footing on 1.1800Looking ahead, highlights include US JOLTS and APIsASIAAsian equity markets failed to sustain the momentum from the record closes seen in DJIA and S&P 500, as sentiment in the region soured amid relatively quiet news flow and as participants...
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RANsquawk EU Open Rundown 07.08.17
07 Aug 2017, 06:57
Asian equities traded mostly higher in the wake of Friday’s gains seen on Wall street with outperformance in the ASX 200 due to commodity namesMost major currencies nursed some of their post-NFP losses against the greenback, in which EUR/USD attempted to reclaim 1.1800Looking ahead, highlights include Fed’s Bullard and KashkariASIAAsian equity markets traded mostly higher following Friday’s gains on Wall Street and as the region took its first opportunity to react to the better...
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RANsquawk Week In Focus: The Docket Thins Out Mid-Summer With The RBNZ At The Fore
06 Aug 2017, 20:00
Key Events: -Monday: Tuesday: China Trade Balance (Jul) Wednesday: RBNZ MonPol Decision Thursday: UK Trade Balance (June) ...
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RANsquawk EU Open Rundown 04.08.17
04 Aug 2017, 06:54
Asian equities traded with little in the way of direction despite the Russian probe in Washington intensifyingAUD/USD took centre stage and saw choppy trade after better than expected Retail Sales was briefly offset by the RBA Statement on Monetary PolicyLooking ahead, highlights include US and Canadian jobs reportsASIAAsian equity markets traded mixed, with the region indecisive ahead of key risk NFP data and after a lacklustre close in US where energy underperformed and the...
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RANsquawk EU Open Rundown 03.08.17
03 Aug 2017, 06:55
Asian bourses lower following soft Chinese Caixin Services PMIDisappointing trade data sees AUD underperformLooking ahead, highlights include BoE QIRASIAThe momentum from the DJIA’s 22,000 milestone was lost on Asia as the region traded negative across the board, with sentiment dampened amid earnings and weaker than expected Chinese Caixin Services PMI data. ASX 200 (-0.4%) was subdued by commodity names with Rio Tinto (-1.8%) shares down after the Co. missed on H1 underlying...
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RANsquawk EU Open Rundown 02.08.17
02 Aug 2017, 06:54
Asian equities trade mostly higher following gains on Wall Street and Apple’s stellar after-market earningsUSD nursed some of its recent losses with the DXY back above 93.00. Commodity-linked currencies felt the brunt of the weakness in oilLooking ahead, highlights include US ADP, DoEs, Fed’s Mester and WilliamsASIAAsian stocks traded mostly higher as the region took the impetus from Wall Street’s gains where the DJIA homed in on the 22,000 level and NASDAQ futures surged...
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RANsquawk EU Open Rundown 01.08.17
01 Aug 2017, 07:00
Asian equities traded higher across the board as upbeat Chinese data and firmer commodity prices lifted sentimentUSD remained weak following further political upheaval in Washington. RBA kept rates on hold as Exp.Looking ahead, highlights include German jobs report, Eurozone GDP, US PCE, ISM Mfg. and APIsASIAAsian equities traded higher across the board as Chinese data took focus once again after Caixin Manufacturing PMI beat expectations and printed its highest since March. ASX...
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RANsquawk EU Open Rundown 31.07.17
31 Jul 2017, 06:55
Asian equities kicked the week off in an indecisive tone with focus on Chinese Mfg. PMI and North Korean TensionsUSD-index attempted to nurse recent losses and recover from its lowest level in 15-months, with the greenback notably regaining lost ground against CADLooking ahead, highlights include Eurozone CPI, Chicago PMI, Pending Home SalesASIAAsia equity markets traded mixed ahead of this week’s key risk events and as participants digested Chinese Manufacturing PMI and further...
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WEEK IN FOCUS - Rate decisions from the BoE and RBA followed by NFP
30 Jul 2017, 20:58
CLICK TO DOWNLOADKey Events: -Monday: Eurozone CPI (Jul, P), China Official PMIs (Jul)Tuesday: RBA MonPol Decision, Eurozone GDP (Q2, Initial) Wednesday: Thursday: BoE MonPol...
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RANsquawk Weekly G10 Central Bank Monitor 28 July 2017
30 Jul 2017, 19:41
CLICK TO DOWNLOADFEDERAL RESERVE
- While rates were kept unchanged, and the FOMC hinted that balance sheet normalisation could begin ‘relatively’ soon, it was the central bank’s tweak to its views on inflation which were seen as dovish, dragging the probability of another Fed hike in 2017 to just over 50% from around 61% before the Fed’s update.
- Previously, the Fed had...
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RANsquawk EU Open Rundown 28.07.17
28 Jul 2017, 06:56
Asian equities trade lower in the final trading session of the week with underperformance in the ASX (-1.5%)FX markets saw the USD-index languish near its worst levels in over a year and below 94.00Looking ahead, highlights include regional and national German CPI, US GDP and Fed’s KashkariASIAAsia equity markets traded negative across the board following the indecisive tone on Wall St. where tech stocks underperformed as the Nasdaq Comp pulled back from record levels, while data...
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RANsquawk EU Open Rundown 27.07.17
27 Jul 2017, 06:55
FOMC kept rates on hold as Exp., updated guidance on balance sheet normalisation and perceived to be dovish on inflationMarket reaction led to a softer USD, yields and upside in gold with sentiment bolstering Asia-Pac equitiesLooking ahead, highlights include US Durables, Wholesale Inventories and Weekly Jobs FOMC DECISIONFOMC held rates between 1.00-1.25%, as expected and said balance sheet normalisation is to take place ‘relatively soon’.On inflation, the Fed said...
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RANsquawk EU Open Rundown 26.07.17
26 Jul 2017, 06:57
Asian equities were mostly positive overnight as all-time highs on Wall Street bolstered sentimentAUD/USD broke below 0.7900 amid downbeat domestic inflation data and comments from RBA’s LoweLooking ahead, highlights include UK GDP, US New Home Sales, DoEs and ECB’s LautenschlaegerASIAAsia equity markets were mostly higher following a record setting day on Wall St. where the S&P 500 and NASDAQ posted fresh all-time highs as earnings buoyed sentiment, with gains led by strength in...
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RANsquawk EU Open Rundown 25.07.17
25 Jul 2017, 06:55
Asian equities traded with little direction after a mixed lead from Wall St. with newsflow and macro events once again light overnightFX markets were mostly indecisive with the USD-index failing to hold above 94.00. Comments by ECB’s Mersch provided mild EUR supportLooking ahead, highlights include German IFO, US APIs and BoE’s HaldaneASIAAsia stocks maintained the mixed tone seen on Wall St. where earnings remained in focus and tech outperformed, which pushed the Nasdaq to...
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RANsquawk EU Open Rundown 24.07.17
24 Jul 2017, 06:45
Asian equities traded with little in the way of firm direction with newsflow light overnight as participants await key risk eventsFX markets saw the USD remaining subdued which pushed GBP/USD back above 1.3000 and EUR/USD closer to 1.1700Looking ahead, highlights include Eurozone and US PMIs, US Existing Home SalesGLOBALIMF affirmed 2017 global GDP growth at 3.5% and 2018 at 3.6%. (Newswires)- Maintained 2017 and 2018 US growth forecasts at 2.1% for both years.-...
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RANsquawk EU Open Rundown 21.07.17
21 Jul 2017, 06:59
RBA speakers temper AUD appreciationAsian bourses somewhat directionless to close the weekLooking ahead, highlights include Canadian CPIASIAAsia equity markets traded marginally in the red, following the lacklustre close on Wall St. amid a slew of earnings releases which were ultimately mixed. ASX 200 (-0.8%) underperformed, led by the soft resources, metals and energy sectors, whilst Nikkei 225 (-0.3%) also traded in the red to conform to the tone in the region, as JPY’s...