Newsquawk Rundown, Daily Podcast Newsquawk

European bourses are mostly firmer paring some of Friday’s pronounced downside, US futures are trading tentativelyDollar is flat, Antipodeans lag after weaker than expected Chinese industrial dataBonds are subdued paring recent EU political-induced upside on Friday, as participants digest ECB sources which suggest that the Bank is in no rush to discuss a French bond rescueCrude is flat in what has been a choppy session thus far, XAU/base...

US stocks were mixed and the major indices finished off their worst levels seen early in the session alongside the broad risk-averse conditionsAPAC stocks were mostly negative as markets reflected on the latest soft Chinese data releases; European futures point to a firmer openDXY steady around 105.50, EUR/USD directionless & Cable below 1.27EGBs eased back from Friday's marked rally; ECB sources report they are in no rush to discuss...

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...