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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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  • APAC stocks were mostly negative after the glum mood rolled over from global counterparts (S&P 500 -2.4%)
  • European equity futures are indicative of a lower open with Eurostoxx 50 -0.9% after the cash market closed with losses of 1.7% yesterday
  • DXY is softer but maintains 103 status, EUR/USD remains on a 1.06 handle, JPY leads G10 FX
  • Crude futures declined amid COVID woes and with pressure seen as Chinese commodities came...
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  • Equities are, overall, struggling for clear direction in relatively cautious trade going into ECB; Euro Stoxx 50 -0.5%
  • Bourses, and US futures, were lifted amid further constructive China tech developments, this time for Ant; albeit, we have drifted modestly off best since, ES +0.3%
  • DXY remains in proximity to 152.00 and within yesterday’s parameters amid JPY and Yuan upside while EUR lies between sizeable OpEx
  • Core debt is choppy but Bunds...
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  • APAC stocks were subdued following a weak handover from the US and with sentiment cautious
  • DXY faded the prior day's marginal gains; G10s were broadly flat with some modest outperformance in the JPY
  • The White House said it expects elevated inflation numbers to be released on Friday, according to Reuters
  • Shanghai will lock down the Minhang district on Saturday morning for mass COVID-19 testing, according to...
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  • European bourses have trimmed initial upside, Euro Stoxx 50 -0.2%, with macro newsflow limited and the initial strength primarily a continuation of APAC/Wall St. leads.
  • Stateside, futures are modestly pressured overall but well within overnight ranges ahead of a slim docket; ES -0.4%.
  • USD/JPY continues to extend and has peaked just shy of 134.00 thus far; DXY continues to extend though is off intra-day bests
  • Core debt experienced hefty...
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  • APAC stocks were mostly higher following the gains on Wall St and optimism of China easing its tech crackdown
  • DXY was rangebound near 102.50, USD/JPY printed fresh 20-year highs above 133.00, and Antipodeans saw late pressure
  • RBI hiked by 50bps to 4.90% (exp. 40bps hike) via unanimous decision and dropped mention of "staying accommodative"
  • Elon Musk's effort to arrange new Twitter (TWTR) deal financing is on hold amid...
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  • European bourses are modestly pressured, Euro Stoxx 50 -0.9%, with newsflow relatively limited once more and participants looking ahead to the week's risks events
  • Stateside, futures are in-fitting directionally, but magnitudes marginally more contained ahead of a sparse US-specific docket
  • AUD is contained once more after a 50bp RBA hike, exceeding expectations, sparked short-lived upside while the DXY is steady mid-range
  • EGBs have drifted...
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  • APAC stocks traded cautiously amid upside in yields and ahead of upcoming risk events. 
  • European equity futures are indicative of a weaker open with Eurostoxx 50 -0.9% after the cash market closed higher by 1.5% yesterday.
  • DXY remains firmer above 102.50, EUR/USD is back below 1.07 and RBA-inspired gains in AUD were trimmed.
  • UK PM Johnson won the confidence vote, as expected, with total votes at 211 vs...
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  • European bourses are bolstered in limited newsflow as participants recoup from post-NFP pressure amid multiple China-related developments
  • US futures in-fitting with this performance and aided by the incremental China COVID developments alongside a pick-up in the regions PMIs
  • GBP is bid, but off highs, going into the no-confidence vote for PM Johnson between 18:00-20:00BST/13:00-15:00ET today
  • DXY downbeat as such, to the broad benefit of...
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  • APAC stocks traded mixed following last Friday's post-NFP losses on Wall St; European equity futures are indicative of a firmer open
  • DXY traded flat overnight but remained above the 102.00 level; G10s were uneventful 
  • China’s Beijing will continue to roll back its COVID-19 restrictions in most districts
  • UK Conservative rebels expect the 1922 Committee's Brady to make a statement this morning announcing PM Johnson will be subject to a...
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  • European cash bourses are trimming the Wall Street-induced gains seen at the open; US futures posting modest losses
  • NQ lags amid TSLA, -3.7% pre-mkt, CEO reportedly calling for a 10% staff reduction and saying he has a "super bad feeling" re. the economy
  • DXY relatively rangebound, but inching higher overall, going into NFP; peers marginally softer, as such
  • Debt downbeat with German yields extending further and the curve steeper while US...
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  • US stocks staged a comeback from opening losses; the Nasdaq outperformed and the SPX closed higher by 1.8%
  • APAC stocks took impetus from the gains in the US; Chinese markets were closed for Dragon Boat Festival
  • Fed's Mester (2022, 2024 voter) said ongoing rate increases are needed including 50bps rate hikes at the next two Fed meetings
  • The White House said they do not expect to see blockbuster job numbers every...
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  • European bourses are posting modest gains, Euro Stoxx 50 +0.6%, though volumes are lighter given UK Spring Bank Holiday
  • Stateside, futures are firmer across the board, ES +0.5%, with action similarly contained ahead of a busy PM docket featuring ADP and Fed's Mester
  • DXY has pulled back to sub-102.50 status amid a broader, initial post-inflation CHF lead, bounce with GBP jubilant on the Jubilee
  • EGBs continue to drift with associated yields...
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  • APAC stocks followed suit to the subdued performance seen in global peers after the recent upside in yields and hawkish central bank rhetoric.
  • European equity futures are indicative of a flat open with Eurostoxx 50 unchanged after the cash market closed lower by 1.0% yesterday.
  • FX markets were contained overnight with DXY circa 102.50, USD/JPY hovers around 130.00.
  • Saudi Arabia is reportedly ready to pump more oil if Russian output declines,...
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  • European bourses are mixed, Euro Stoxx 50 +0.2%, and have struggled to find a clear direction after mixed APAC trade with a busy docket ahead.
  • Similar performance seen in US futures, looking to key data and numerous speakers
  • DXY bid but relatively contained while EUR lifted but failed to advance much on Holzmann’s latest given hefty OpEx
  • WTI and Brent are recovering from yesterday's WSJ source report induced downside, with participants...
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  • APAC stocks traded mixed as risk sentiment only mildly improved from the lacklustre performance stateside.
  • European equity futures are indicative of a firmer open with Eurostoxx 50 +0.6% after the cash market closed lower by 0.7% yesterday.
  • DXY hovers around the 102 mark, EUR/USD holds on to 1.07 status and JPY lags in G10 FX.
  • Looking ahead, highlights include German Retail Sales, EZ, UK & US Final PMIs, US ISM Manufacturing PMI,...
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  • European bourses are mixed, Euro Stoxx 50 -0.8%, with sentiment cautious after a mixed APAC handover and in wake of hot EZ CPI before Powell's meeting with Biden.
  • Stateside, futures are pressured succumbing to the broader risk moves after initial cautious/contained trade.
  • EZ Flash CPI for May surpassed expectations printing at 8.1% YY, denting Bunds and dragging peers lower in sympathy; yields extending and steepening
  • DXY at the top-end of...
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  • APAC stocks were mixed as most indices lacked firm direction following the lack of a US lead, month-end and mixed data.
  • The EU has agreed to ban seaborne exports of Russian oil to the EU which covers more than two-thirds of Russian oil imports.
  • European equity futures are indicative of a softer open with Eurostoxx 50 -0.2% after the cash market closed higher by 0.9% yesterday.
  • DXY trades on a firmer footing, EUR/USD hovers around...
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  • APAC stocks gained as regional bourses resumed the risk momentum seen across global peers last week
  • Beijing has eased some COVID restrictions, whilst Shanghai moves closer to reopening 
  • EU failed to reach an agreement on the Russian oil embargo on Sunday and will conduct more talks on Monday
  • European equity futures are indicative of a positive open with Eurostoxx 50 +0.7% after the cash market closed higher by 1.8% on...
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  • European bourses are firmer, Euro Stoxx 50 +0.9%, drawing impetus from APAC strength into month-end with catalysts thin thus far.
  • Stateside, futures are supported with familiar themes in play pre-PCE Price Index for insight into the 'peak' inflation narrative; ES +0.4%.
  • USD was initially pressured to a fresh WTD low but has seen a concerted bounce at the modest expense of the EUR
  • Core debt has struggled to find a firm direction but has erred...
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