• Major European equities are in the red [Euro Stoxx 50 -0.4%] following on from the mixed performance seen in Asia on the lack of US-China trade clarity
• DXY is on a firmer footing above 95.250 ahead of a plethora of key Fed speakers
• Looking ahead, highlights include, US Initial Jobless Claims, Fed's Powell, Bullard, Evans & Clarida and ECB's de Galhau

ASIA

Asian stocks were mixed as the equity rally somewhat stalled overnight which momentarily saw all regional...

• Asian stocks were mixed as the equity rally somewhat stalled overnight which momentarily saw all regional bourses in negative territory
• FOMC Minutes stated that many policy makers said the Fed could be patient about further tightening given muted inflation pressures
• UK Labour leader Corbyn is to reiterate his call for a general election today to break the Brexit deadlock, if PM May's deal is voted down in the House of Commons on January...

• Major European indices are in the green [Euro Stoxx 50 +0.8%] as market sentiment remains fixated around the recently concluded US-China trade talks
• US-Sino trade talks are understood to have been positive and the two sides are to release a message at the same time Thursday morning Beijing time
• The greenback eases further below 96.000 amid trade optimism with the third day of trade talks giving off somewhat of an upbeat vibe
• Office for Management and Budget (OMB) is exploring if US...

• Asian equity markets were higher across the board as sentiment remained underpinned by trade hopes after US-China discussions were extended into a 3rd day
• US President Trump is said to want a trade deal with China soon to boost markets, according to press reports
• UK Government was defeated in a vote over changes to budget legislation, meaning the government must win parliamentary approval for a no-deal Brexit
• Looking ahead,...

• Asian equity markets were higher across the board as sentiment remained underpinned by trade hopes after US-China discussions were extended into a 3rd day
• US President Trump is said to want a trade deal with China soon to boost markets, according to press reports
• UK Government was defeated in a vote over changes to budget legislation, meaning the government must win parliamentary approval for a no-deal Brexit
• Looking ahead,...

• Asian equity markets traded mixed as the region failed to take full advantage of the gains on Wall St
• Chinese Vice Premier Liu He unexpectedly attended US-China trade talks, which were scheduled to be at a Mofcom vice-ministerial level
• UK and EU leaders are reportedly in talks regarding possibly extending Article 50 past March 29th amid fears that a Brexit agreement will not be struck in time
• Looking ahead, highlights include US and Canadian trade, US JOLTS, APIs, supply from Germany,...

• European equities are in the red, with some outperformance in IT. The USD continues to underperform major counterparts
• US-China trade talks begin; although, a US destroyers’ presence may cause tensions to flair
• Looking ahead, highlights include US Factory Orders, US ISM Non-MFG PMI, Fed’s Bostic and ECB’s de Guindos

• Asian stocks began the week higher across the board as the region took its first opportunity to react to the trifecta of bullish developments from last Friday
• UK PM May warned that Britain would be in unchartered territory if her Brexit deal is rejected by parliament and said the vote would be held around 15th January as expected
• More than 200 UK lawmakers from the Conservative and opposition parties have signed a letter to UK PM May asking her to rule out the option of a No deal Brexit
...

• European equities are up as market risk sentiment improves from US-China trade developments
• Dollar underperforms major counterparts (ex-JPY) ahead of Powell speaking after NFP
• Looking ahead, highlights include US services PMI, US and Canadian jobs reports, DoEs, Baker Hughes, Fed’s Powell, Bostic, Mester and Barkin

• Asian equities were mixed following the slide in US stocks with the Nikkei 225 underperforming its peers as Japanese participants returned to market
• US House Democrats have voted to reopen government, defying US President Trump’s veto threat
• UK Cabinet ministers have been told that EU countries are likely to provide assurances to PM May over her Brexit deal’
• Looking ahead, highlights include EZ, UK and US services PMI, EZ CPI, US and Canadian jobs reports, DoEs, Baker Hughes,...

European equities are in the red with tech names dragged down by a Apple guidance cut

• Asia-Pac equities were mixed following the slide in US equity futures after tech-giant Apple fell in excess of 8% after-market following a cut in guidance
• An overnight surge in JPY rattled FX markets with AUD/JPY plummeting from around 75.50 to a low print of 70.50 amid thin trade and global growth fears
• Looking ahead, highlights include US ADP, weekly jobs, construction spending, ISM manufacturing, supply from Spain

• European Indices in the red following on from Asia, as the risk-off tone prevails
• USD has climbed ahead despite beginning the session negatively, although still underperforms JPY
• Looking ahead highlights include Canadian Manufacturing PMI and US Manufacturing PMI.

• European Indices in the red following on from Asia, as the risk-off tone prevails
• USD has climbed ahead despite beginning the session negatively, although still underperforms JPY
• Looking ahead highlights include Canadian Manufacturing PMI and US Manufacturing PMI.

• European Indices in the red following on from Asia, as the risk-off tone prevails
• USD has climbed ahead despite beginning the session negatively, although still underperforms JPY
• Looking ahead highlights include Canadian Manufacturing PMI and US Manufacturing PMI.

 Shanghai Composite (-1.2%), Hang Seng (-3.0%), ASX 200 (-1.5%), Nikkei 225 (closed), DXY 95.86 (-0.3%), Mar’19 e-mini S&P 2482.25 (-0.9%)

• Asia-Pac bourses traded mostly higher in holiday-thinned liquidity following the downbeat lead from Wall St. on Friday
• US President Trump has reportedly privately discussed firing Fed Chair Powell over the latest Fed rate hike
• UK PM May's allies are plotting to keep her at No.10 for at least another two years amid growing confidence her Brexit deal will pass the meaningful vote in January
• Today’s calendar sees a lack of tier 1 highlights. Note, some markets are closed and...

• Dollar proffers from the plight of others, while oil continues to toil
• European stocks spooked by global rout, and quadruple witching
• Looking ahead, highlights include US Durables, GDP, PCE, Canadian, GDP, Retail Sales and Quadruple Witching

• Asia-Pac stocks were lower across the board as the global stock rout continued into the region following the losses in US amid fears of a government shutdown
• FX markets were quiet amid a sparse overnight calendar, and as the DXY traded within a narrow range for most of the session before testing 96.500 to the upside
• Looking ahead, highlights include UK GDP, US Durables, GDP, PCE, Canadian, GDP, Retail Sales and Quadruple Witching

• Dollar has reverted from post-FOMC levels and European equities continue their overnight decline
• Brent and WTI continue to decline as supply and growth concerns weigh on prices
• Looking ahead, highlights include US Initial Jobless Claims & Philly Fed Business Index

• The FOMC raised the fed funds rate target by 25bps, narrowed the trajectory of rate hikes going forward and softened its guidance on future rate hikes
• Asian equities firmly in the red following the declines seen on Wall St. post-FOMC. DXY fluctuated on either side of the 97.000 handle
• Looking ahead, highlights include Riksbank Rate Decision, UK Retail Sales, BoE Rate Decision, US Initial Jobless Claims & Philly Fed Business Index

• Dollar continues to underperform major counterpart ahead of todays FOMC decision
• US-China tensions have reportedly resurfaced at the WTO meeting
• Looking ahead, highlights include Canadian CPI, US Existing Home Sales, DoEs, FOMC rate decision and press conference

• Asian equities were mostly lower amid cautious trade ahead of the FOMC rate decision, and after the attempted rebound on Wall St
• UK’s SNP, Liberal Democrats, Plaid Cymru and Greens have tabled a vote of no-confidence in the government
• Italy's Government source said the EU Commission has accepted the 2019 budget deficit of 2.04%
• Looking ahead, highlights include UK and Canadian CPI, US Existing Home Sales, DoEs, FOMC rate decision and press...

Dollar continues to underperform major counterparts ahead of FOMC and expectations for a Dovish-Hike

• Asian equities were lower across the board following the slump seen on Wall St. as investors readied for an expected Fed hike against the backdrop of slowing global growth
• UK Labour Leader Corbyn is now implementing a forward motion of no-confidence in UK PM May following her decision to not hold a Brexit vote immediately
• UK PM May has challenged Corbyn instead to call for a no-confidence vote in the government rather than herself, after the PM secured...