Newsquawk Rundown, Daily Podcast Newsquawk

European bourses extend gains; US futures are mixed, RTY underperformsDollar is flat and EUR incrementally gains ahead of today’s ECB policy announcementBonds are slightly softer, giving back some of this week’s advancesCrude is now around flat after trading higher for much of the morning, XAU/base metals continue recent strengthLooking ahead, US Challenger Layoffs, IJC, ECB Policy Announcement and Press...

SPX and NDX closed at record highs whilst NVIDIA joined the USD 3tln market cap club and overtook Apple as the second-largest US company.APAC stocks traded mostly firmer as the region largely took its cue from the positive lead on Wall Street, while South Korean markets were closed due to the Memorial Day holiday.DXY weakened as APAC traders reacted to the pullback in yields, JPY outperformed, and JGB futures were boosted after a strong 30-year...

European bourses extend gains with Tech leading; US futures are modestly firmerDollar is incrementally higher, JPY gives back recent strength with USD/JPY now above 156.00Bonds are incrementally softer and unreactive to EZ Final PMIsCrude is modestly firmer in what has been a choppy session, XAU gains modestly and base metals are mixedLooking ahead, Canadian & US Services & Composite PMIs, US ADP National...

Risk sentiment generally pressured to the benefit of havens ex-precious metals as the latest bearish driver stems from India’s election countEquities are entirely in the red; Energy and Basic Resources are the clear laggards, given the underperformance in the underlying commodity pricesDollar is firmer and attempting to claw back post-ISM losses, JPY bid with USD/JPY nearing 155, AUD slips given the risk sentimentBonds are firmer in...

APAC mixed following a similar Wall St. handover in the absence of fresh catalystsDXY consolidated, EUR above 1.09, GBP containedFixed income rangebound after Monday's ISM move, modest upside on a strong JGB auctionCrude continues to slip, XAU soft; geopols continue to focus on a phased truce planHighlights include Swiss CPI, German Unemployment, US Durable Goods R, US JOLTS, US RCM/TIPP Economic Optimism Supply...

Equities are in the green; Chip names help to prop up the tech sector, whilst meme-stock GME surges 66% pre-marketDXY is incrementally firmer, G10s are mostly firmer against the Dollar except for the Yen, which gains marginallyUSTs continue Friday’s post-PCE advance ahead of US ISM ManufacturingCrude is incrementally firmer, though residing near lows post OPEC+ which outlined a future roadmap for the restoration of the supply from the...