Newsquawk Rundown, Daily Podcast Newsquawk

European bourses are entirely in the red, with sentiment hampered by ongoing political angst in the EU; US futures are also lower, RTY underperformsDXY is bid, benefitting from the subdued EUR which dips below 1.07 and a weak JPY post-BoJThe BoJ kept rates unchanged but defied expectations for an immediate reduction of bond purchases, instead, it will decide on a specific bond-buying reduction plan at the next meetingUSTs are flat, EGBs...

APAC stocks were mostly subdued after the mixed performance stateside where soft data took centre stage, while participants turned their attention to the BoJ policy announcement. The BoJ maintained rates as expected but defied expectations for an immediate reduction of bond purchases, instead, it will decide on a specific bond-buying reduction plan at the next meeting. Nikkei 225 recovered early losses, USD/JPY advanced to just shy of the 158.00 level,...

Downbeat session for European equities whilst US futures are mixed, with NQ outperforming, propped up by pre-market gains in Tesla, Broadcom and NvidiaDollar is firmer, EUR continues to test 1.08 to the downside and the JPY is the marginal underperformerBonds are slightly softer as participants digest the FOMC & hawkish dot plots ahead of US PPICrude is on the backfoot, XAU and base metals both lower as the Dollar continues to recoup...

European bourses are modestly firmer, trimming this week’s recent losses; price action tentative ahead of today’s US CPI and FOMCDXY is flat, G10s modestly gain vs the Dollar though the JPY dips slightlyUSTs are flat and at highs, Bunds/Gilts both move higher with the latter also factoring in the in-line GDP metrics, with focus on the soft Construction figuresCrude is at highs amid ongoing geopolitical escalations, XAU flat while base...

Equities are modestly in the red, in a continuation of the downbeat mood seen in APAC trade overnightDollar is incrementally firmer, EUR continues to slip and GBP is slightly softer following the UK’s job data which saw an unexpected uptick in the unemployment rateBonds are in the green, attempting to recoup post-NFP losses, OATs remain pressured and Gilts outperform taking a bid after a record Gilt saleCrude is slightly softer, XAU is...

APAC stocks traded with a negative bias after the choppy performance stateside; S&P 500 and Nasdaq notched fresh record closes. Apple closed down 1.9% after its WWDC event failed to ignite enthusiasm; announced an integration of ChatGPT.European equity futures indicate a mildly positive open with Euro Stoxx 50 futures up 0.2% after the cash market closed down 0.7% on Monday.DXY is holding above the 105 mark, with FX...