08 Sep 2025, 10:45 by Newsquawk Desk
- Japanese PM Ishiba said he has decided to resign as LDP president and gave instructions to hold an emergency LDP leadership election; LDP is making final arrangements for a leadership vote on October 4th, according to TBS.
- US President Trump said Waller, Warsh and Hassett are the three finalists for the Fed chair nomination.
- US-China trade talks have reportedly made little progress towards a deal, and an impasse was hit on the fentanyl issue, according to...
08 Sep 2025, 06:50 by Newsquawk Desk
- Japanese PM Ishiba said he has decided to resign as LDP president and gave instructions to hold an emergency LDP leadership election; LDP is making final arrangements for a leadership vote on October 4th, according to TBS.
- US President Trump said Waller, Warsh and Hassett are the three finalists for the Fed chair nomination.
- US-China trade talks have reportedly made little progress towards a deal, and an impasse was hit on the fentanyl issue, according to...
05 Sep 2025, 10:35 by Newsquawk Desk
- US President Trump said he would be placing chip tariffs “very shortly,” which will be “fairly substantial”, but signalled Apple (AAPL) and others will be safe during his dinner with tech CEOs at the White House on Thursday, according to CNBC.
- US President Trump said they are going to get the war in Ukraine settled; US Defense Department said two Venezuelan military aircraft flew near a US Navy vessel in international waters.
- European bourses are mostly firmer but...
05 Sep 2025, 06:50 by Newsquawk Desk
- US President Trump said he would be placing chip tariffs “very shortly,” which will be “fairly substantial”, but signalled Apple (AAPL) and others will be safe during his dinner with tech CEOs at the White House on Thursday, according to CNBC.
- Fed’s Williams (voter) reiterated that he expects gradual interest rate cuts over time, while he declined to comment if the market's September rate cut view is correct.
- US President Trump said they are going to get the war in...
04 Sep 2025, 11:10 by Newsquawk Desk
- European bourses and US equity futures are modestly firmer ahead of US data.
- USD awaits a data deluge, Antipodeans lag and JPY digests potential US/Japan auto tariff reduction.
- EGBs and Gilts bounce while USTs remain flat into data; Spanish auction was well received, whilst some short-lived pressure was seen on the French outing.
- Oil pulls back as traders brace ahead of this weekend's OPEC meeting; some upside in the complex seen after...
04 Sep 2025, 06:50 by Newsquawk Desk
- APAC stocks followed suit to the mixed performance stateside, where tech and communications outperformed following the Google antitrust ruling, and participants digested dovish data and Fed rhetoric.
- US President Trump said it is possible that someday tariffs will replace income tax.
- UK Chancellor Reeves dismissed forecasts of a GBP 50bln "black hole" in the public finances, despite higher borrowing costs and expected tax rises piling pressure on the chancellor...
03 Sep 2025, 11:09 by Newsquawk Desk
- European bourses are broadly in the green; US equity futures are mixed, with clear outperformance in the NQ, boosted by Google (+5.7% pre-market).
- A US judge ruled Google will not have to sell Chrome or Android in the monopoly case but must share search data with rivals and stop exclusive distribution contracts.
- Contained trade in FX as an early pick-up in the USD fizzled out ahead of JOLTS.
- Early rise in yields have since reversed with...
03 Sep 2025, 06:45 by Newsquawk Desk
- APAC stocks were predominantly lower following the weak handover from Wall St; sentiment dampened by global debt concerns.
- European equity futures indicate a higher cash market open with Euro Stoxx 50 future up 0.3% after the cash market closed with losses of 1.4% on Tuesday.
- DXY is holding onto yesterday's gains, JPY and GBP remain softer vs. the USD after a bruising session on Tuesday.
- USTs lack direction following...
02 Sep 2025, 11:30 by Newsquawk Desk
- US Treasury Secretary Bessent said he plans to write a brief for the US Solicitor General to file that defends US President Trump’s tariffs.
- European bourses opened mixed but are now mostly lower; US futures also slip, with underperformance in the RTY.
- GBP and JPY selling helps support DXY into key US data.
- Political and fiscal turmoil drives yields higher, no move to EZ HICP, USTs await ISM.
- Crude edges higher...
02 Sep 2025, 06:50 by Newsquawk Desk
- APAC stocks traded mostly lower with the region cautious amid a lack of fresh drivers and following the holiday lull stateside.
- BoJ Deputy Governor Himino reiterated it is appropriate to continue raising interest rates in accordance with improvements in the economy and prices but noted high uncertainty.
- European equity futures indicate a slightly softer cash market open with Euro Stoxx 50 future down 0.2% after the cash market closed with gains of 0.3% on...
01 Sep 2025, 06:58 by Newsquawk Desk
- US Appeals Court upheld a ruling that most Trump tariffs were illegal but kept them in place as the case proceeds.
- US was reported on Friday to revoke authorisations for Intel (INTC), SK Hynix (000660 KS) and Samsung (005930 KS) to receive American chipmaking equipment in China unless they obtain licenses, according to the Federal Register.
- US judge did not rule on the dismissal of Fed Governor Cook on Friday and asked both parties to submit subsequent court...
29 Aug 2025, 11:20 by Newsquawk Desk
- Fed's Waller (voter, dovish dissenter) said the time has come to move policy to a more neutral stance and he would support a 25bps cut at the September meeting and anticipates additional rate cuts over the next 3–6 months.
- European bourses underperform on ongoing political uncertainty, UK banks hit on tax worries; US equity futures are lower into US PCE.
- Choppy trade in the USD as markets await Fed's Cook's hearing; GBP underperforms.
- Bonds...
29 Aug 2025, 07:00 by Kevan Viagas
- Fed's Waller (voter, dovish dissenter) said the time has come to move policy to a more neutral stance and he would support a 25bps cut at the September meeting and anticipates additional rate cuts over the next 3–6 months.
- Fed Governor Cook’s lawyers suggested an unintentional “clerical error” may have been behind the mortgage dispute over which President Trump wants her fired. It was separately reported that the judge in Fed's Cook lawsuit set the hearing for this Friday at...
28 Aug 2025, 11:25 by Newsquawk Desk
- European bourses erase early morning strength; NVIDIA (-1.9% pre-market) post-earnings.
- NVIDIA shares are pressured in pre-market trade despite beating on top and bottom lines, as its revenue guidance was not as strong as some were hoping for and with questions remaining regarding chip sales to China.
- USD is flat in quiet trade as FX majors trade in narrow ranges awaiting the next catalyst.
- Bonds see lacklustre trade in quiet newsflow as...
28 Aug 2025, 06:50 by Newsquawk Desk
- US Treasury Secretary Bessent reiterated that there are 11 strong Fed chair candidates, while he added they will start interviews after Labor Day and present a shortlist to President Trump.
- NVIDIA (-3.1%) shares were pressured post-earnings despite beating on top and bottom lines, as its revenue guidance was not as strong as some were hoping for and with questions remaining regarding chip sales to China.
- White House trade advisor Navarro said India can get 25% off...
27 Aug 2025, 11:15 by Newsquawk Desk
- European bourses opened mostly firmer but now display a mixed picture; NVDA +0.5% into earnings.
- DXY rises following prior day's losses and risk aversion; Aussie fails to benefit from earlier upside post-CPI.
- USTs steady, Bunds/Gilts are bid albeit with little newsflow, but as the risk tone dipped a touch.
- Industrials trade softer on risk aversion, gold holds its ground despite Dollar strength.
- Looking ahead,...
27 Aug 2025, 06:50 by Newsquawk Desk
- US President Trump is considering quickly announcing a nominee to replace Fed Governor Cook with Stephen Miran and former World Bank President Malpass potential candidates, according to WSJ citing sources.
- The Trump administration is reviewing options for exerting more influence over the Federal Reserve’s 12 regional banks that would potentially extend its reach beyond personnel appointments in Washington, according to Bloomberg citing sources.
- US President Trump...
26 Aug 2025, 10:50 by Newsquawk Desk
- US President Trump threatened to impose substantial additional tariffs on countries that do not remove discriminatory actions such as digital taxes.
- US President Trump posted a letter removing Fed's Cook from her position with immediate effect; Cook says she will not resign.
- European bourses are on the backfoot, but with clear underperformance in the CAC 40 as French politics take centre stage; US equity futures are slightly lower.
- USD is...
26 Aug 2025, 07:00 by Newsquawk Desk
- APAC stocks traded mostly lower after global markets faded last Friday's post-Powell dovish reaction.
- US President Trump threatened to impose substantial additional tariffs on countries that do not remove discriminatory actions such as digital taxes.
- US President Trump posted a letter removing Fed's Cook from her position with immediate effect; Cook says she will not resign.
- European equity futures indicate a lower cash market open with Euro...
25 Aug 2025, 11:00 by Newsquawk Desk
- European bourses pare some of Friday's gains; US equity futures are mixed, with the RTY holding afloat.
- USD struggles to recoup Friday's lost ground in a quiet start to the week; JPY underperforms despite hawkish-leaning commentary via BoJ’s Ueda.
- USTs pause for breath following Powell-induced upside, whilst Bunds move lower.
- Crude benchmarks are very modestly firmer with focus on geopolitics; XAU is on the...
25 Aug 2025, 07:00 by Newsquawk Desk
- APAC stocks began the week on the front foot as the region took its opportunity to react to the dovish comments by Fed Chair Powell at Jackson Hole on Friday.
- European equity futures indicate a lower cash market open with Euro Stoxx 50 future down 0.3% after the cash market closed with gains of 0.5% on Friday.
- DXY is a touch firmer but unable to recover much of Friday's lost ground. EUR/USD remains on a 1.17 handle.
- Bund futures have faded...
22 Aug 2025, 11:15 by Newsquawk Desk
- Chinese President Xi is unlikely to attend ASEAN Leaders' Summit in October, "dashing hopes of a meeting with US President Trump at the summit"; while Premier Li is set to represent China, according to two regional sources cited by Reuters
- European bourses move higher; US equity futures also gain as the RTY +0.4% outperforms; NVIDIA -1% after H20 production halt.
- DXY holds an upward bias post-PMIs on Thursday, whilst fixed income trades steady into Fed Chair...
22 Aug 2025, 07:00 by Newsquawk Desk
- APAC stocks traded mixed amid cautiousness heading into Fed Chair Powell's remarks at Jackson Hole and following the subdued handover from Wall St, where participants digested a slew of data and mostly hawkish Fed comments.
- US President Trump said we will know in about two weeks regarding Russia-Ukraine. Ukrainian President Zelensky said Russia's overnight attacks show that Moscow is trying to avoid the need for meetings aimed at ending the war.
- Chinese President Xi...
21 Aug 2025, 11:30 by Newsquawk Desk
- Fed Governor Cook said she has no intention of being bullied to step down from her position because of some questions raised in a tweet by FHFA Director Pulte.
- European bourses tilt lower with the region unable to benefit from better-than-feared PMIs; US equity futures are mixed.
- USD is mixed vs. peers, GBP is top of the G10 leaderboard post-PMI.
- Bonds are pressured after PMIs, lower UK borrowing fails to lift spirits ahead of the Autumn...
21 Aug 2025, 07:20 by Newsquawk Desk
- APAC stocks traded mixed, albeit with a mildly positive bias as the region attempted to shrug off the lacklustre lead from Wall St, where sentiment was dampened amid continued tech weakness and hawkish-leaning FOMC Minutes.
- FOMC Minutes from the July meeting noted a majority of participants judged the upside risk to inflation was the greater risk compared with the labour market, although the meeting was conducted prior to the release of the latest NFP report with hefty downward...