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  • European bourses are firmer as sentiment picked up heading into the cash open amid encouraging Chinese COVID headlines
  • China is to cut quarantine time for international travellers; Shanghai Disneyland (DIS) will reopen on June 30th
  • US equity futures saw a leg higher in tandem with global counterparts, with the RTY narrowly outperforming
  • Bond reversal continues amidst buoyant risk sentiment, hawkish ECB commentary and...
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  • APAC stocks were mixed with the region partially shrugging off the lacklustre handover from the US (S&P 500 -0.3%)
  • European equity futures are indicative of a softer open with Eurostoxx 50 -0.4% after the cash market closed higher by 0.2% yesterday
  • DXY continues to hover around the 104 mark with G10 FX muted ahead of the European session
  • French President Macron informed US President Biden of limited extra oil production capacity for...
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  • European bourses are kicking off the week on the front-foot as global equities see tailwinds from Wall Street’s bounce on Friday
  • Stateside, US equity futures track sentiment higher – with the NQ the current outperformer vs the ES, YM, and RTY
  • In FX, DXY pivots 104.00, Yen benefits from all round fix buying, Aussie lags on Aud/Nzd headwinds, and the Yuan is underpinned
  • Debt futures unwind more recovery gains with EGBs leading the way; T-note...
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  • APAC stocks were higher across the board as the region took impetus from last Friday's firm gains on Wall St heading closer into month-end
  • European equity futures are indicative of a firmer open with Eurostoxx 50 +0.5% after the cash market closed higher by 2.8% on Friday
  • US is pushing to discuss a price cap on Russian oil during the G7 summit, also looking to ban imports of Russian gold
  • DXY heads into the European session sub-104, JPY leads...
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  • European bourses have coat-tailed on the positivity seen on Wall Street yesterday; sectors overall project a modest defensive bias
  • US equity futures are firmer across the board – with the NQ narrowly leading the pack, whilst the ES topped resistance at 3,800
  • DXY resides towards the bottom of a relatively contained intraday range, still above 104.00; NZD outperforms
  • Debt recoils after stretching recovery limits further, with trading volumes...
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  • APAC stocks ultimately followed suit to the gains on Wall St where major indices clawed back opening losses; S&P 500 +1.0%.
  • European equity futures are indicative of a firmer open with Eurostoxx 50 +1.1% after the cash market closed lower by 0.8% yesterday.
  • DXY is a touch softer but still on a 104 handle, antipodeans lead G10 FX and GBP shrugs off a tough night for the Tories.
  • UK PM Johnson's Conservatives lost the two by-elections,...
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  • European bourses are pressured overall, but well off lows going into the US session, Euro Stoxx 50 -0.2%
  • Broad pressure was seen post-PMIs which missed expectations and featured pessimistic internal commentary; hitting EUR and lifting EGBs
  • EUR impaired by the PMIs which lifted the DXY to a 104.78 peak and pressured peers in turn, though JPY outperforms on risk
  • Fixed firmer on the data with Bunds and OATs leading the way and peers lifted in...
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  • APAC stocks were mostly positive following the choppy price action on Wall St with lower oil prices and recession fears in focus; S&P 500 -0.17%. 
  • European equity futures are indicative of a softer open with Eurostoxx 50 -0.5% after the cash market closed lower by 0.8% yesterday.
  • DXY is a touch softer but maintains 104 status, EUR/USD encountered resistance around 1.06, JPY leads G10 FX. 
  • Looking ahead, highlights...
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  • European bourses are subdued, Euro Stoxx 50 -1.9%, as Tuesday's positivity waned in the APAC session as commodities slipped
  • Stateside, futures are in-fitting with the above action, ES -1.4%, where participants are awaiting the first session of testimony from Chair Powell
  • DXY bid but mid-range pre-Powell with peers conforming to the tone as JPY & CHF benefit while activity currencies slip
  • Commodities are, broadly speaking, curtailed...
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  • APAC stocks were subdued after the risk-on mood from Wall Street (S&P 500 +2.45%) waned overnight amid pressure in commodities.
  • European equity futures are indicative of a lower open with Eurostoxx 50 -1.3% after the cash market closed higher by 0.7% yesterday. 
  • DXY is firmer but still on a 104 handle, EUR/USD has lost 1.05 status, antipodeans lag. 
  • Crude benchmarks took another leg lower as risk appetite in Asia...
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  • European bourses are firmer and building on Monday's upside, Euro Stoxx 50 +1.1%; US futures are modestly outperforming, ES +1.7%, post-market holiday
  • DXY is downbeat and sub-104.00 at worst; benefitting G10 peers ex-JPY given the region sticking to its monetary policy stance
  • Core debt is within ranges and little changed overall though USTs are incrementally softer and the curve flitting between flattening/steepening
  • Crude lifts amid broader...
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  • APAC stocks gained across the board amid a broadly constructive global risk tone (US markets closed yesterday)
  • European equity futures are indicative of a higher open with Eurostoxx 50 +0.6% after the cash market closed higher by 0.9% yesterday
  • DXY trades a touch softer, EUR/USD sits on a 1.05 handle, AUD leads G10 FX
  • Crude futures continued to nurse some of Friday's heavy losses, helped by the risk tone and a softer...
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  • APAC stocks were mostly negative with risk appetite cautious and global markets also likely to be hampered by the absence of US participants today.
  • European equity futures are indicative of a softer open with Eurostoxx 50 -0.3% after the cash market closed higher by 0.3% yesterday.
  • DXY is softer and on a 104 handle, AUD leads G10 FX, EUR/USD is back on a 1.05 handle. 
  • French President Macron failed to win an absolute majority in...
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  • European bourses are now firmer across the board, Euro Stoxx 50 +1.2%, as performance picks up following a mixed open amid comparably quiet newsflow
  • US futures are in-fitting though the overall complex is cognisant of Quad Witching & Chair Powell
  • DXY bid as the JPY tumbles amid the BoJ bucking the trend and remaining ultra-accommodative; activity-FX also hampered
  • Core debt has seen a concerted bounce from earlier lows, though action has...
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  • APAC stocks mostly suffered firm losses amid the global risk-aversion which saw the S&P 500 close lower by 3.1%.
  • BoJ kept policy settings unchanged as expected and will keep offering to buy 10yr JGBs at 0.25%.
  • DXY has reclaimed 104 status, JPY is the clear laggard in G10 FX, EUR/USD sits on a 1.05 handle. 
  • European equity futures are indicative of a positive open with Eurostoxx 50 +0.8% after the cash market closed lower by...
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  • European bourses and US futures are hampered following a surprise SNB hike, with pronounced price action seen across assets
  • SNB hikes by 50bp to -0.25% and cannot rule out further increases ahead; sparking noted CHF appreciation
  • DXY is well off best levels, but has recouped 105.00 as activity currencies come under pressure while CHF & JPY outperform
  • Bonds collapse as SNB unexpectedly strikes against inflation; with USTs back to...
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  • APAC stocks were mostly positive and followed suit to the gains on Wall Street post-FOMC; SPX +1.46%
  • The Fed hiked rates by 75bps and lifted its FFR projections, Fed Chair Powell said he does not expect 75bps moves to be common
  • European equity futures are indicative of a positive open with Eurostoxx 50 +0.3% after the cash market closed higher by 1.6% yesterday
  • DXY has rebounded from the post-FOMC declines, JPY lags G10 FX, GBP eyes the...
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  • US futures are firmer across the board, ES +0.3%, though overall action here is more contained than in Europe given the FOMC looms
  • European bourses are supported amid an ad-hoc ECB meeting on current market conditions, an update which bolstered the EUR and narrowed the BTP-Bund spread
  • However, the spread re-widened amid sources which did not appear to indicate a marked policy shift from the gathering
  • Broader FX features a downtrodden DXY to...
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  • APAC stocks traded mixed following a mostly negative US lead and better-than-expected Chinese activity data.
  • European equity futures are indicative of a mildly positive open with Eurostoxx 50 +0.3% after the cash market closed with losses of 0.8% yesterday.
  • DXY is relatively flat ahead of the European open, JPY leads G10 FX, Cable is back below 1.20.
  • ECB's Schnabel said the ECB will not tolerate changes in financing conditions that threaten...
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  • European bourses began on the front-foot; however, the ‘turnaround’ was shortlived with bourses now red across the board, Euro Stoxx 50 -0.8%.
  • Stateside, futures remain modestly positive, ES +0.4%, awaiting clarity from the Fed amid increasing speculation of a 75bp move
  • DXY continues to slip with peers mixed with low-yielding nations benefitting though activity currencies slip once more
  • Core debt has consolidated somewhat from Monday’s rout,...
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  • European bourses began on the front-foot; however, the ‘turnaround’ was shortlived with bourses now red across the board, Euro Stoxx 50 -0.8%.
  • Stateside, futures remain modestly positive, ES +0.4%, awaiting clarity from the Fed amid increasing speculation of a 75bp move
  • DXY continues to slip with peers mixed with low-yielding nations benefitting though activity currencies slip once more
  • Core debt has consolidated somewhat from Monday’s rout,...
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  • APAC stocks were pressured following the global stock and bond slump; S&P 500 -3.9%, NQ -4.6%
  • A WSJ piece noted the Fed is likely "to consider surprising markets with a larger-than-expected 0.75-percentage-point interest rate increase at their meeting this week".
  • European equity futures are indicative of a higher open with Eurostoxx 50 +0.9% after the cash market closed with losses of 2.7% yesterday.
  • DXY pulled back overnight, EUR/USD...
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  • European bourses are hampered across the board, Euro Stoxx 50 -2.5%, in a continuation of the fallout from Friday's US CPI and amid fresh COVID concerns in China.
  • US futures are in-fitting with this price action, ES -2.4% (sub-3800 at worst), ahead of the FOMC where the likes of Barclays now look for a 75bp hike after the May inflation release.
  • DXY continues to climb and has peaked at 104.75 thus far, ahead of the 105.01 YTD best; peers are pressured as such though...
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  • APAC stocks declined across the board following the hot US CPI and amid fresh COVID concerns in China.
  • European equity futures are indicative of a lower open with Eurostoxx 50 -1.5% after the cash market closed with losses of 3.4% on Friday.
  • DXY held on to recent gains, EUR/USD is back below 1.05 and USD/JPY breached 135 for the first time since February 2002.
  • UK government will publish legislation on the Northern Ireland Protocol...
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  • European bourses are pressured in a continuation of the APAC handover, Euro Stoxx 50 -1.6%
  • US futures are mixed/flat for the most part, ES -0.2%, ahead of the US CPI release
  • DXY is bid but off 103.49 best levels while antipodeans/JPY outperform as GBP and CAD lag
  • BTP-Bund yield spread continues to gradually widen, though Bund upside is offsetting this somewhat
  • USTs pivot the unchanged mark pre-CPI, yield curve...
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