• 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...

• 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...

• 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...

• 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...

• 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...

• Asian markets reacted to speculation the BoJ could discuss tweaking policy and renewed tariff threats from US President Trump
• UK Brexit Secretary Raab has accused the EU of acting irresponsibly and stated the UK could refuse to pay its GBP 39bln “divorce bill” unless the EU agrees to a binding framework for a future trade deal
• Looking ahead, highlights include comments from BoE’s Broadbent

ASIA

Asian stocks traded mixed with the regional...

Monday: US Existing Home Sales

Tuesday: EZ & US Manufacturing & Services PMIs (Flash)

Wednesday: AU CPI, GE IFO Survey, US New Home Sales, EU’s Juncker visits the US

Thursday: ECB Decision, US Durable Goods

Friday:  Tokyo CPI, US GDP (Prelim reading)

• US equity futures were hit overnight after the PBoC set their reference rate for the CNY at its weakest level in over a year
• European equities have been dealt a blow in recent trade by comments from Trump that the US is ready to impose tariffs on all USD 505bln of Chinese import goods
• DAX dealt a further blow by comments from Germany's Chancellor Merkel that if need be, the EU is working on counter-measures but this is by far the worst solution
• Looking ahead, highlights include...

• Asian equity markets traded choppy with sentiment spooked overnight amid a China currency sell-off after the PBoC set the reference rate to its weakest level in over a year
• US President Trump said he is not happy about interest rates rising and that a strong USD puts the US at a disadvantage
• Looking ahead, highlights include Canadian CPI & retail sales, Baker Hughes, Fed’s Bullard, BoE’s Tenreyro and ECB’s Coeure

ASIA

Asian equity...

• European equities trade mostly on the backfoot as earning season kicks into gear
• Cable slumped through 1.3000 on another UK data miss before stabilising near the round number
• Looking ahead, highlights include Philly Fed, SARB rate decision, Fed’s Quarles, ECB’s Coeure, UK Brexit Secretary Raab meets with EU’s Barnier

ASIA-PAC

Asian bourses were mixed as trade concerns and a weakening CNH clouded over the mostly positive lead from Wall St...

• Asian bourses were mixed as trade concerns and a weakening CNH clouded over the mostly positive lead from Wall St.
• EU negotiators are reportedly considering extending Article 50 as fears mount that talks will not conclude in time for both the UK and EU to meet the 29 March 2019 deadline
• Looking ahead, highlights include, UK retail sales, Philly Fed, SARB rate decision, Fed’s Quarles, ECB’s Coeure, UK Brexit Secretary Raab meets with EU’s Barnier and supply from Spain, France and...

• European bourses mostly higher with tech names outperforming their peers following yesterday’s Nasdaq gains
• GBP/USD hits 10-month lows, now eyeing 1.30 to the downside as UK inflation figures fall short of expectations
• Looking ahead, highlights include, UK and EZ CPI, US building permits, housing starts, DoEs and Fed’s Powell

ASIA

Asian equity markets traded with a positive tone as momentum rolled over from US where all majors gained and the...

• European equities trade mostly negative (Eurostoxx 50 -0.5%, DAX -0.2%)
• GBP resilient in wake of another Government semi U-turn on post-Brexit proposals
• Looking ahead, highlights include, US industrial production, APIs Inventories, Fed’s Powell

ASIA 
Asian equity markets traded mostly lower after a lacklustre lead from the US where energy underperformed amid a slump in crude and Nasdaq futures took a hit after-market on disappointing earnings and...

• Asian equity markets traded mostly lower after a lacklustre lead from the US amid underperformance in energy names and Netflix earnings weighing on Nasdaq futures
• The UK government has managed to avoid defeat on its Customs Bill after caving into the demands of Brexiteer MPs
• Looking ahead, highlights include, UK labour market report, US industrial production, APIs, BoE’s Carney, Fed’s Powell and supply from Germany

ASIA

Asian equity markets...

• Chinese GDP topped estimates on a Q/Q basis at 1.8% vs. Exp. 1.6%, but GDP Y/Y slowed in-line with forecasts to 6.7% vs. Prev. 6.8%
• European equities (Eurostoxx 50 +0.1%) trade with little in the way of firm direction. Deutsche Bank prelim results lift financials
• Looking ahead, highlights include, US retail sales, NY Fed mfg, US President Trump meets with Russian President Putin

ASIA

Asian stocks began the week subdued with the region lacklustre amid the...

• Asian stocks began the week subdued. Chinese GDP beat on a Q/Q basis, in-line Y/Y, retail sales a beat, industrial production a miss
• UK Eurosceptics have set up a “party within a party” with a highly organised whipping operation among Tory Eurosceptic MPs. Justine Greening calls for a second referendum
• Looking ahead, highlights include, US retail sales, NY Fed mfg, US President Trump meets with Russian President Putin

ASIA

Asian stocks began...

Key Events

Monday: Chinese GDP, Trump/Putin Summit, US Retail Sales

Tuesday: NZ CPI, RBA Minutes, UK Labour Market, US Industrial Production, US TIC Flows, Fed Chair Powell’s Semi-Annual Testimony

Wednesday: UK CPI, EZ CPI (Final), US Housing Starts & Building Permits

Thursday: Australian Labour Market, UK Retail Sales

Friday: Japanese CPI, Canadian...

• US President Trump denounces Chequers deal and said a soft Brexit would probably kill a potential future trade deal between UK and US
• Sterling slipping, Dxy rising above 95.000 and equities up approaching week-end
• Looking ahead, highlights include, Uni. of Michigan Sentiment, Baker Hughes, BoE’s Cunliffe, Fed’s Bostic, earnings from Wells Fargo, and Citi

ASIA

Asian equity markets were mostly higher as the region took impetus from the upside in...

• Asian equity markets were mostly higher as the region took impetus from the upside in Wall St
• US President Trump has warned UK PM May that a soft Brexit would probably kill a potential future trade deal between UK and US
• Looking ahead, highlights include Uni. of Michigan Sentiment, Baker Hughes, BoE’s Cunliffe, Fed’s Bostic, earnings from Wells Fargo, JP Morgan and Citi

ASIA

Asian equity markets were mostly higher as the region took impetus...

• Mixed reports that US President Trump is to exit NATO after the Chinese Commerce Ministry rubbished suggestions that there had been contact with the US on trade
• Choppy trade in equities while commodities find some relief after sharp losses in Wednesday’s trade
• Looking ahead, highlights include, ECB minutes, US CPI, weekly jobs figures, supply from the US

ASIA

Asian equity markets shrugged off the energy-led declines in US and traded higher across the board with...

• Asian equity markets shrugged off the energy-led declines in US and traded higher across the board
• FX markets were flat overnight amid a lack of tier-1 data releases, which kept the DXY at the prior session’s highs
• Looking ahead, highlights include Riksbank and ECB minutes, US CPI, weekly jobs figures, supply from Italy and the US

ASIA

Asian equity markets shrugged off the energy-led declines in US and traded higher across the board with short...

• US begins the process for installing 10% tariffs on USD 200bln of Chinese imports
• European equities hit and investors ditch high-beta currencies as risk-off tone returns
• Looking ahead, highlights include, US PPI, DoEs, BoC rate decision, supply from Germany and the US, ECB’s Mersch, BoE’s Carney, BoC’s Poloz and Fed’s Williams

TRADE

US Trade Representative Lighthizer announced US will impose tariffs of 10% on additional USD 200bln...

• US Trade Representative Lighthizer announced US will impose tariffs of 10% on additional USD 200bln of goods from China
• Asian stocks slumped across the board. The risk averse tone spurred flows into safe-haven JPY which briefly dragged USD/JPY below the 111.00 handle
• Looking ahead, highlights include US PPI, DoEs, BoC rate decision, supply from Germany and the US, ECB’s Draghi, Villeroy, Praet, Mersch, BoE’s Carney, BoC’s Poloz and Fed’s...

• Surprise UK Industrial Output miss reverses GBP early rise, German ZEW conditions miss hits EUR
• European equities largely higher following in step with Asia in a news-thin morning
• Looking ahead, highlights include, APIs and ECB’s Lautenschlaeger

ASIA

Asian equity markets traded mostly higher on the momentum from Wall St where the DJIA notched its best performance in a month, and financials outperformed on optimism heading into...

• Asian equity markets traded mostly higher on the momentum from Wall St where the DJIA notched its best performance in a month
• The head of the Conservative 1922 Committee indicated that he did not receive the 48 letters required for a leadership challenge
• Looking ahead, highlights include Norwegian CPI, UK monthly GDP, output, trade, German ZEW, APIs, ECB’s Lautenchlaeger

ASIA

Asian equity markets traded mostly higher on the momentum from Wall St...