Newsquawk

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  • Bourses across Europe have held onto losses seen at the cash open; US equity futures are firmer with RTY outpacing and NQ lagging
  • South African scientist sees an exponential rise in new COVID cases with predominance of Omicron; India said the two cases it sees are mild
  • Apple (AAPL) reportedly told iPhone component suppliers that demand has slowed down ahead of the holiday period
  • Chinese advisors to recommend lowering the 2022 GDP growth...
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  • Asian equity markets traded mostly lower following the indecisive mood stateside where major indices gave back initial gains to finish negative
  • Sentiment overnight was also hampered by tighter Beijing regulatory scrutiny and with US equity futures extending on losses
  • In FX, the DXY sits firmly above 94.00, EUR/USD hovers around 1.1550 and GBP/USD maintains 1.36 status
  • Looking ahead, highlights include UK Labour Market Report, German ZEW,...
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