• Risk appetite has supported EU stocks (Euro Stoxx 50 +0.8%) ahead of crucial trade talks this week
• DXY gains more ground, eyeing YTD highs and then the 97.000 mark
• Bipartisan talks over the weekend regarding funding for the border wall is said to have reached a stalemate ahead of this week’s government shutdown deadline
• Looking ahead, highlights include Canadian Trade Balance, Fed’s Bowman

ASIA

Asia equity markets began the week mixed following the...

• Asian equity markets began the week mixed following the similar performance of their US peers on Friday and ahead of US-China trade talks
• UK PM May has agreed to talks with Labour leader Corbyn regarding a soft Brexit according to The Telegraph; later reports suggest she has rejected this potential pivot
• CHF saw volatility overnight amid a mini ‘flash-crash’ which saw the currency weaken by 1% which some attributed to stops being taken out amid...

• Major European equities are mostly idling, but auto names briefly reversed on reports that US are considering 3 potential car tariff options
• DXY remains above 96.500, while Aussie slumped on RBA’s SOMP
• Looking ahead, highlights include Canadian Employment Data & Fed's Daly Speaking
• EARNINGS: Exelon Corp, Ventas, Phillips 66

• Asian stocks traded negatively with global risk appetite subdued by growth concerns and after trade-related fears resurfaced
• US President Trump said he will not meet Chinese President Xi before the March 1st deadline
• UK PM May has approached Labour MPs to table an amendment guaranteeing that the UK will match EU workers’ rights post-Brexit
• Looking ahead, highlights include German Trade Balance, Norwegian GDP, French &...

• Major European equities extended losses [Euro Stoxx 50 -0.8%] as the risk-averse sentiment intensified following the European Commission’s cut to Eurozone GDP and inflation
• DXY advances further above 96.500 while EUR/USD and GBP/USD fell below 1.1350 and 1.2900 respectively
• Looking ahead, highlights include BoE Rate Decision, Press Conference & QIR, US Initial Jobless Claims, Fed's Kaplan & Clarida, UK PM May meeting European Council President Tusk, US Auction
...

• Asian equity markets were somewhat mixed with the region cautious following the subdued performance on Wall St
• UK Parliament is now said to be planning a 2nd Brexit vote at the end of the month, ministers believe an extension of Article 50 is now inevitable
• In FX markets, the DXY stayed firm and held near 2-week highs as its counterparts languished. NZD/USD heavily pressured on poor employment data
• Looking ahead, highlights...

• Major EU equities in the red [Euro Stoxx 50 -0.2%], but IT outperforms sector-wise
• DXY extends gains above 96.000 while AUD underperforms on dovish Lowe, EUR dipped on German factory orders
• Looking ahead, highlights include US International Trade, EIA Inventories, Brazilian Rate Decision, Fed Chair Powell, Fed’s Quarles and BoC’s Lane, US 10yr Note Auction
• EARNINGS: Prudential Financial, Chipotle, General Motors, GlaxoSmithKline

• Asian equity markets traded tentatively with most bourses in the region closed for holidays
• UK ministers are reportedly considering a plan that would delay Brexit to May 24th
• US President Trump delivered the State of the Union Address which focused on the economy, the border wall and trade talks
• Looking ahead, highlights include US International Trade, Retail Sales, EIA Inventories, Brazilian Rate Decision, Fed Chair Powell,...

• Major European indices extend on opening gains and are firmly in positive territory with Britain’s FTSE 100 (+1.4%) led by oil and mining giants
• EUR and GBP are both on the back foot vs the Dollar and inching closer towards downside big figures at 1.1400 and 1.3000 respectively
• Looking ahead, highlights include Canadian Trade, US ISM Non-Manufacturing PMI, APIs and US 3yr Note Auction
• EARNINGS: Anadarko Petroleum, Archer...

• Asia-Pac equity markets found some early support from the tech-led gains on Wall St, although later turned somewhat mixed
• EU’s top official offered Britain a legal guarantee that it would not be trapped by the Irish backstop last night but was swiftly rejected by Brexiteer MPs
• RBA kept rates unchanged at 1.50% as expected with the announcement interpreted as less dovish than some had expected
• Looking ahead, highlights...

• A lacklustre start of the week for European equities [Eurostoxx 50 -0.4%] as the region failed to sustain the momentum seen in Asia
• Dollar continues on a firmer footing as JPY and AUD underperform, while GBP still suffers from Brexit fatigue
• Looking ahead, highlights include US Building Permits and Starts, Durable Goods & Factory Orders, New York ISM Business Conditions
• EARNINGS: Alphabet, Gilead Sciences,...

• Asian equity markets began the week positively but with gains only marginal amid the mass closures in the region for the Lunar New Year
• UK PM May could be planning for a general election in June, according to reports; later downplayed
• The Tories’ fragile Brexit truce was dealt a blow yesterday after hardline Brexiteers ruled out two of May’s proposals for solving the Irish backstop issue
• Looking ahead, highlights...

• Terrible Italian Manufacturing PMI slams 10-yr BTP futures as growth concerns magnify
• Cable falls to weekly low as manufacturing survey reveals record high stockpiling due to Brexit
• Looking ahead, highlights include, US Jobs Report, ISM Manufacturing PMI, Fed’s Kaplan
• EARNINGS: Aon, Chevron, Dominion Energy, Exxon Mobil

• USTR Lighthizer said talks with China made substantial progress but there is still much work to do
• US President Trump stated that he could meet soon with Chinese President Xi in order to finalise a potential deal
• Asian equity markets traded cautiously as disappointing Chinese data clouded over the momentum from Wall St
• Looking ahead, highlights include, French, German, UK & EZ Manufacturing PMI, EZ CPI (Flash), US Jobs...

• Major European indices trimming earnings-fueled gains seen at the open [Euro stoxx 50 -0.3%]
• Dovish Fed coupled with some ‘strong’ sell signals for month end portfolio rebalancing saw the Buck slump to new recent lows vs G10 peers
• US President Trump will meet with Chinese Vice Premier Liu He at 15:30 EST today
• Looking ahead, highlights include Canadian GDP, ECB’s Weidmann Speaking
• EARNINGS: Celgene, General Electric, Northrop Grumman, Altria Group,...

• Fed stood pat on rates whilst indicating a willingness to adjust the pace of the balance sheet run-off, the message of patience was reiterated, language on the balance of risks was dropped
• Asian stocks were mostly higher across the board as they took impetus from their counterparts in the US
• The EU stands ready to take Brexit to a last-minute summit rather than bend the knee to demands from UK PM May, according to diplomats citing the scheduled summit on...

• European equities are mixed [Euro Stoxx 50 U/C] taking lead from the indecisive trade seen overnight as earnings season kicks into gear
• DXY meanders between 95.875-682 while AUD and GBP outperform in the G10 space
• Looking ahead, highlights include National German CPI, US ADP, FOMC Rate Decision & Press Conference
• EARNINGS: AT&T, Boeing, Mcdonald’s, Microsoft, Facebook, Qualcomm, Paypal, Visa, Tesla

• Asian stocks traded indecisively following better than expected Apple results and ahead of US-China trade talks
• UK lawmakers accepted Brady's amendment for the backstop to be replaced with an alternative arrangement and accepted Spelman's amendment that expressed objection to a no-deal Brexit
• The EU remains adamant that the withdrawal agreement or backstop is not up for renegotiation
• Looking ahead, highlights include,...

• Major European indices nursed opening loses and extended on gains Euro Stoxx 50 +0.5%], outperformance is seen in the FTSE 100
• Sterling awaits the outcome of UK Parliament’s vote on Brexit Plan B alongside amendments, but the still trades weaker vs the Euro
• Looking ahead, highlights include US Consumer Confidence, UK Parliamentary vote on Brexit 'Plan B', BoE's Haldane Speaking, US 2yr FRN & 7yr Note Auction
• EARNINGS: Advanced Micro Devices, Amgen, Apple, Verizon...

• Asian equity markets traded lower for most the session as the region followed suit to the negativity on Wall St
• The DoJ’s announcement of charges against Huawei has raised concerns about the potential impact on US-China relations
• UK PM May is said to have urged Tory MPs to back the Brady amendment which would replace the backstop with alternative arrangements
• Looking ahead, highlights include US Consumer Confidence, UK...

• Major European equities are in the red [Euro Stoxx 50 -0.5%] following on from a negative end to Asia ahead of key risk events
• USD appears to have gleaned some traction in the run up to the FOMC, US-China trade talks and NFP, while GBP underperforms ahead of the Brexit “Plan B” vote
• Looking ahead, highlights include US National Activity Index, ECB’s Draghi, BoE’s Carney, Fed’s Mester, US 2yr and 5yr Auction
• EARNINGS: Caterpillar, T...

• Asian equity markets initially began the week mostly higher, however the region later failed to hold on to early gains
• Ireland said it will not accept changes to agreement aimed at avoiding a hard border, while UK PM May reportedly told cabinet ministers privately, she will not allow Britain to exit without a deal
• US ended the government shutdown after a tentative agreement was reached on a stopgap bill to fund the government till February 15th but President Trump said he will declare an emergency...

• Major European indices are in the green [Euro Stoxx 50 +1.1%] following on yesterday’s ECB release and a strong performance Asia
• DXY has retraced a bulk of yesterday’s gains while the EUR stages a recovery
• Looking ahead, highlights include US Baker Hughes
• EARNINGS: Colgate-Palmolive, Nextera Energy, AbbVie

• An upbeat tone was observed across Asia-Pac majors heading into the weekend, which followed the mostly positive performance of their global peers
• DUP party is said to have privately agreed they will back PM May's Brexit deal when she toughens it up in terms of the backstop being specifically time limited
• US Senate blocked 2 competing proposals to end the government shutdown including one backed by US President Trump; as expected
...

• Major European equities are in the green [Euro Stoxx 50 +0.7%] with outperformance in Italian banks on ECB day
• DXY firmer this morning after EUR was dented by disappointing PMIs
• Looking ahead, highlights include US Flash PMI's, ECB Rate Decision, US Jobless Claims, BoE's Carney, Riksbank's Skingsley
• EARNINGS: American Electric Power Co, Bristol-Myers Squibb, Freeport-McMoRan, Intel, Norfolk Southern Co, Starbucks, Union Pacific, Western Digital, Discover Financial Services,...