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  • Sterling continues its slide and returns to multi-month lows vs. USD and JPY
  • FTSE outperforming on GBP weakness
  • Looking ahead highlights include, US DoEs, RBNZ rate decision and supply from the US

ASIA

Asian stock markets traded mostly positive as they sustained the momentum from the US where the majors eked modest gains with the DJIA led by strength in energy and industrials, while the S&P 500 inched closer towards all-time highs. ASX 200 (+0.3%) was...

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  • Asian stock markets traded mostly positive as they sustained the momentum from the US. Shanghai Comp lagged after the US finalized its 2nd tranche of tariffs
  • DXY was subdued and eyes a retest of the 95.00 level to the downside. EUR/USD gained a firmer footing above the 1.1600 handle and GBP/USD rebounded from near 11-month lows
  • Looking ahead, highlights include US DoEs, RBNZ rate decision and supply from the UK and US

ASIA

Asian stock markets traded...

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  • European equities trade optimistically with all major bourses firmly in the green
  • AUD the major beneficiary of Yuan/EM recovery
  • Looking ahead, highlights include US APIs, US 3yr note auction, BoE’s McCafferty and further large-cap earnings

ASIA

Asian equity markets traded mostly higher following the positive performance in their US counterparts where the Nasdaq led the advances and the S&P 500 notched a 3rd consecutive gain to move to within 22 points from...

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  • Asian equity markets traded mostly higher following the positive performance in their US counterparts. RBA stood pat on rates as expected
  • GBP/USD continued to languish amid reports suggesting that UK PM May is losing support due to her Chequers plan and some see her departure as essential
  • Looking ahead, highlights include US APIs, US 3yr note auction, BoE’s McCafferty and further large-cap earnings

ASIA

Asian equity markets traded mostly higher...

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  • Cable probing 11-month lows as UK Trade Minister Fox cites 60% chance of “no deal Brexit”; USDTRY pushes to new record high of 5.1800
  • Oil spiking higher and up on the day on reduced supply, equities initially lower but push into positive territory in a news-thin morning
  • Scarce calendar ahead with no tier 1 data or scheduled events to look forward to

ASIA

Asian equity markets began the week mostly positive as bourses followed suit from...

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  • Asian equity markets initially followed suit from Friday’s gains on Wall St, although upside was limited by ongoing US-China trade tensions
  • UK Trade Secretary Fox has placed the chances of leaving the EU without a deal at "60-40"
  • Looking ahead, today sees a lack of tier 1 releases

ASIA

Asian equity markets began the week mostly positive as bourses followed suit from Friday’s gains on Wall St, although upside was limited as the region...

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  • Dollar holds firm footing above 95.000 while GBP extends post-BoE declines
  • European equities rebound from yesterday’s losses as earnings remain in focus
  • Looking ahead, highlights include, US employment report, trade balance, ISM non-Mfg, Baker Hughes rig count

ASIA

Asian equity markets traded mixed as the momentum from US, where most majors gained and tech outperformed as Apple became the first ever to reach USD 1tln in market cap, was eventually...

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  • Asian equity markets traded mixed as the positive momentum from US failed to sustain ahead of key risk events and more soft Chinese data
  • FX markets were relatively quiet overnight in which the DXY held steady above the 95.00 level as most of its major counterparts took a breather from the prior day’s broad retreat
  • Looking ahead, highlights include UK, EZ & US services PMIs, US employment report, trade balance, ISM non-Mfg, Baker Hughes rig...
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  • US President Trump instructs USTR to consider 25% tariffs, instead of 10%, on USD 200bln of Chinese goods
  • USD strengthening and equities sliding on tariff concerns
  • Looking ahead, highlights include, BoE rate decision, minutes and QIR, US weekly jobs, factory orders and a slew of large cap earnings

ASIA

Asian equity markets were weaker across the board with sentiment weighed by increased global trade tensions after officials confirmed US President Trump...

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  • The Fed stood pat on rates as expected with little in the way of fireworks from the release. Markets continue to back a September hike at the FOMC
  • Asian equity markets were weaker across the board with sentiment weighed on by increased global trade tensions after US officials confirmed recent reports about potential hikes to Chinese tariffs
  • Looking ahead, highlights include UK construction PMI, BoE rate decision, minutes and QIR, US weekly jobs, factory orders and a slew of large cap...
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  • Trump administration plans to propose a higher tariff of 25% (Prev. 10%) on USD 200bln of imports from China with an announcement possible as soon as today, according to sources
  • European equities are marginally lower as focus once again remains on earnings. Apple higher by 3.5% in pre-market trade post-earnings
  • In FX, Greenback overall has rebounded further from Tuesday’s lows ahead of the latest FOMC decision
  • Looking ahead, highlights include US Mfg PMI, US ADP, Constructions...
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  • Asian equity market were initially mostly higher as region got a tailwind from US. However, sentiment was soured after reports that the Trump administration is planning to propose an increase to 25% tariffs from 10% on USD 200bln of Chinese goods
  • In FX markets, the greenback remained firm with the DXY near the prior day’s highs around 94.50 as its major counterparts languished
  • Looking ahead, highlights include EZ, UK & US Mfg PMIs, US ADP, Constructions Spending, ISM Mfg, DoEs, Quarterly...
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  • Bank of Japan stand pat on rates, announce more flexibility in yields and forward guidance
  • Eurozone GDP below expectations and inflation above expectations, EUR unmoved
  • Looking ahead, highlights include, US PCE, Personal Spending, Canadian GDP, Chicago PMI and a slew of large cap earnings

ASIA

Asian equity markets traded mostly subdued after the continued tech sell-off in US where all majors declined and the Nasdaq posted its worst 3-day performance in 4...

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  • BoJ kept rates at -0.1% and long-term yield target held at around 0.0%. Announced more flexibility in yields and adopted forward guidance on rates which it will maintain at very low levels for an extended period
  • Asian equity markets traded mostly subdued after the continued tech sell-off in the US where all majors declined and the Nasdaq posted its worst 3-day performance in 4 months
  • USD/JPY was choppy around the 111.00 handle but then saw late support after the BoJ decision proved to be less...
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  • European bourses mostly lower ahead of this week’s key risk events
  • Fixed Income losses have accelerated pretty sharply with big figure breaks triggering some stops
  • Looking ahead, highlights include national German CPI (following mixed state CPIs)

ASIA

Asian equity markets began the week lacklustre after the tech-led declines last Friday on Wall Street and amid cautiousness ahead of this week's slew of risk events, while further CNH weakness also...

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  • Asian equity markets began the week lacklustre after the tech-led declines last Friday on Wall Street and ahead of this week's slew of risk events
  • The UK government has reportedly agreed to give ECJ final say in arbitration regarding Brexit, divorce bill and potential Irish backstop in an effort to break the negotiation stalemate
  • Looking ahead, highlights include regional and national German CPIs

ASIA

Asian equity markets began the week lacklustre...

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  • European equities are mostly higher (Eurostoxx 50 +0.4%) amid a slew of pre-market earnings. Amazon currently higher by 4.1% in pre-market trade
  • USD is trying to build on recovery gains back above 94.500 amid Trumped-up expectations for today’s GDP print
  • Looking ahead, highlights include US GDP, Uni. of Michigan Sentiment, the Baker Hughes rig count

ASIA

Asian equity markets traded slightly mixed after a similar varied performance on Wall St where...

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  • Asian equity markets traded slightly mixed after a similar varied performance on Wall St where focus remained on earnings season
  • EU’s Barnier stated that the EU cannot delegate customs policy to Britain and any customs arrangement must respect this principle; effectively shooting down the Chequers deal
  • Looking ahead, highlights include the Russian rate decision, Uni. of Michigan Sentiment, Baker Hughes and BoE’s Haldane

ASIA

Asian equity...

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  • European bourses trade mostly higher across the board amid optimistic EU-US trade talks
  • The DXY is trying to stabilise and pare some losses after hitting a new low for the week
  • Looking ahead, highlights include ECB rate decision and press conference, US durable goods and trade balance, supply from the US and a slew of large cap earnings

ASIA

The major Asia-Pac equity markets traded subdued as a plethora of corporate updates dominated news flow and...

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  • Major Asia-Pac equity markets traded subdued as a plethora of corporate updates dominated news flow and somewhat drowned out the US-EU trade talks
  • In FX markets, the USD remained softer overnight after having lost ground against the EUR. GBP/USD reclaimed 1.3200 and USD/JPY slipped below 111.00
  • Looking ahead, highlights include ECB rate decision and press conference, US durable goods and trade balance, supply from the US and a slew of large cap...
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  • European equities are relatively mixed (Eurostoxx 50 -0.3%) as focus remains on earnings seasone
  • Limited movement in FX markets at DXY continues to pivot around the 94.500. AUD lags peers following domestic CPI data overnight
  • Looking ahead, highlights include US New Home Sales, DoEs, supply from the US, Juncker to meet with Trump and a slew of large cap earnings

ASIA

Asian stocks were mixed with macro drivers on the light side and after the region failed...

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  • Asian stocks were mixed with macro drivers on the light side and after the region failed to sustain the momentum from the positive US close
  • In FX, the greenback was rangebound, AUD/USD pressured following softer than expected headline CPI, CNH stabilized despite another weak reference rate setting by the PBoC
  • Looking ahead, highlights include German IFO, US New Home Sales, DoEs, supply from Germany and the US, Juncker to meet with Trump and a slew of large cap...
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  • European equities extend gains as Stoxx600 hits 5-week highs
  • DXY is off best levels as the index consolidates within a 94.535-865 range
  • Looking ahead, highlights include US PMIs, Hungarian rate decision, US APIs, supply from the US and a slew of large cap earnings

ASIA

Asian equity markets gained across the board following the mostly positive performance of their Wall Street counterparts whereby financials outperformed amid rising yields and Nasdaq 100...

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  • Asian equity markets gained across the board following the mostly positive performance of their Wall Street counterparts
  • In FX markets, the Greenback held onto yesterday’s gains. PBOC set the weakest CNY fix since 11th July 2017
  • Looking ahead, highlights include Eurozone & US PMIs, Turkish and Hungarian rate decisions, US APIs, supply from the US & UK and a slew of large cap earnings

ASIA

Asian equity markets gained across the board...

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  • DXY is relatively rangebound between 94.200-450 after the G20 meeting and Trump’s verbal intervention
  • US Treasuries are treading a very tight line with the curve fractionally steeper ahead
  • Looking ahead, highlights include US Existing Home Sales and comments from BoE’s Broadbent

ASIA

Asian stocks traded mixed with the regional bourses initially dampened across the board amid speculation the BoJ could discuss tweaking policy and after last...

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