European bourses are mostly lower, US equities are mixed, with the NQ underperforming after Meta (-13.1%) resultsDollar is lower, Antipodeans benefit from higher metals prices, JPY is softer holding above 155.50 against the USDBonds are rangebound awaiting impetus from Tier 1 data later todayCrude is slightly lower in absence of energy-specific newsflow, XAU benefits from the weaker dollar, base metals are mostly...

APAC stocks were mostly subdued after the uninspiring handover from the US; Australia and New Zealand markets were closed for ANZAC Day.US equity futures were pressured with underperformance in Nasdaq 100 after Meta shares dropped over 15% post-earnings.European equity futures indicate a slightly softer open with the Euro Stoxx 50 future -0.1% after the cash market closed down 0.4% on Wednesday.DXY is steady below the 106 mark, USD/JPY...

European bourses are mostly firmer; NQ outperforms, propped up by gains in Tech names – TSLA +10.5% pre-market, TXN +7.3%Dollar is firmer, AUD benefits from the risk tone and on hotter Aussie CPI, USD/JPY printed a high of 154.96USTs are pressured, giving back some of the PMI-induced gains; Bunds follow suit and eye YTD lowsCrude and XAU are subdued by Dollar strength, base metals remain resilientLooking ahead,...

APAC stocks gained as the region took impetus from the rally on Wall St where soft PMI data spurred a dovish reaction across asset classes.Tesla shares were up 13% post-earnings despite its results falling short of estimates as the Co. flagged a sooner launch of new and more affordable models.DXY holds below the 106 mark following yesterday's sell-off, EUR/USD is lingering around the 1.07 level, AUD boosted post-CPI.European equity...

European equities are entirely in the green; US equity futures trade modestly on either side of the unchanged mark.Dollar is slightly softer, EUR incrementally firmer post-EZ PMI; USD/JPY hits multi-decade highs once again.USTs initially remained in overnight ranges but succumbed to modest selling pressure following EZ PMIs.Crude is marginally firmer, underpinned by EZ PMIs; XAU continues to decline and base metals...

APAC stocks traded with a mild positive bias after the tech-led rebound stateside.European equity futures indicate a higher open with the Euro Stoxx 50 future +0.5% after the cash market closed up 0.4% on Friday.DXY is holding above the 106 mark, EUR/USD lingers around 1.0650 and USD/JPY sits near its multi-year high.Crude futures edged modest gains in quiet trade, Bund futures took a breather after recently rebounding to above the 131.00...

European bourses trade mixed; Stateside futures are entirely in the green; US “Big 6” downgraded at UBSDollar is flat, Antipodeans benefit from positive risk appetite, whilst safe-havens are modestly sufferBonds are pressured and contained within a tight rangeCrude is subdued given the lack of geopolitical escalation over the weekend; XAU is softer and at session lowsLooking ahead, BoC's Market Participants...

Equities are entirely in the red, though well off worst levels following geopolitical events overnightIsrael conducted an operation against Iran which an Iranian official said was on a military airbase near Isfahan. However, Iran's Press TV later denied reports of a foreign attack in Iranian cities including IsfahanDollar lower and around 106.00, safe-haven status benefits CHF, whilst Antipodeans lagBonds are modestly firmer, though has...

Equities mostly, but modestly firmer; TSMC beat Q1 expectations, though lower in the pre-marketDollar slightly lower, G10’s generally flat/firmer with newsflow lightBonds bid, continuing the upside seen following Wednesday’s auctionCrude is at lows, pressured by Israel/Iran reports; XAU edges higherLooking ahead, US IJC, Philly Fed, Comments from ECB’s Schnabel, Fed’s Williams, Bowman & Bostic, Earnings from...

Equities are in the green, except for the AEX, which is weighed on by poor ASML results; Luxury bellwether LVMH gains post-earningsDollar is lower though still above 106.00, Antipodeans outperform and GBP benefits post-CPIUSTs incrementally firmer, Gilts gapped lower following hotter-than-expected CPI though have pared to near unchangedCrude is pressured as markets await geopols updates, XAU is firmer, benefiting from recent Dollar...

Equities are entirely in the red, continuing the negative price action seen in the prior sessionDXY holds around 106.30, Antipodeans suffer from the broader risk tone and mixed Chinese dataBonds are pressured, and Bunds more-so after German ZEW while Gilts gapped lower on wage numbersCrude is off best levels as focus remains on geopols, XAU lowerLooking ahead, Canadian CPI, New Zealand CPI, Comments from Fed’s...

Equities are firmer though with the FTSE 100 lagging, hampered by broader weakness in the crude complexDollar flat, AUD benefits from metals strength and JPY lagsBonds pressured in a continuation of recent price action, Bunds looking to test 132.00Crude lower after the Iran attacks were mostly nullified, XAU modestly firmerLooking ahead, US Retail Sales, Fed's Williams, BoE’s Breeden & ECB’s Lane & de...

European bourses are entirely in the green, Stateside futures are contained on either side of the unchanged markDollar is bid which has weighed on G10 peers, with EUR down to 1.0657Fixed complex higher with Bunds outperforming as markets digest Thursday’s ECB announcement and Fed divergenceCrude is bid given the heightened geopolitical environment, XAU makes record highsLooking ahead, Uni. of Michigan (Prelim.),...

Equities are mostly lower, continuing the sell-off seen in the prior session; the RTY underperformsDollar is flat and firmly above 105, USD/JPY back on a 153 handleUSTs contained at post-CPI lows whilst Bunds dip lower ahead of the ECBCrude is incrementally firmer, XAU rangebound and base metals little changed despite softer Chinese inflation figuresLooking ahead, US IJC & PPI, ECB Policy Announcement &...

European bourses are firmer across the board, US futures contained into CPIDXY and USTs broadly steady ahead of the main US eventsGilts bounced back to unchanged post-supply after initial underperformance, Bunds off best after their own auctionCrude benchmarks modestly firmer in thin ranges, XAU contained while base metals grind higherLooking ahead, highlights include US CPI, BoC Policy Announcement, FOMC...

European bourses in the red with US futures flat in catalyst-thin tradeDXY steady for much of the morning before USD/JPY came under pressure on a BoJ-related source reportFixed income benchmarks bid with EGBs outperforming, no reaction to supply but latest ECB BLS perhaps factoringCommodities firmer; crude gains incremental while XAU hit a fresh ATHLooking ahead, highlights include US Supply & SNB's Schlegel;...

European bourses have meandered higher after a contained open, US futures near unchangedGeopols. and US-China talks in focus; Hamas sources report no progress in Cairo negotiationsDXY steady but towards the top-end of the day’s range with peers generally steady in limited newsflowCore fixed benchmarks lower in an extension of Friday’s bearish action, US yields higher across the curveWTI and Brent pressured as...

European equities lower across the board in catch-up play from the late selling seen on Wall St.DXY unchanged with G10s rangebound into NFPFixed income benchmarks slightly softer as they give back some of Thursday’s risk-inspired upsideCommodities feature modest gains for crude and XAUPayrolls aside, markets attentive for any further escalation in geopolitical tensions into a potential risk-fuelled...

European bourses a touch firmer post-PMIs after a flat open, US futures tilting higher in tandem into IJC and Fed appearancesDXY softer and approaching 104.00, EUR inches higher post-PMIs, JPY stead, CHF lagsEGBs bid despite PMI pressure though off highs in somewhat limited newsflow, USTs flatBase metals continue to climb with 3M LME Copper at a 52-week high, crude contained and XAU slightly softerLooking ahead,...

European bourses are modestly firmer, US equity futures are in the red though with trade containedDollar is flat and G10 peers are incrementally softerUSTs are incrementally softer whilst Bunds are firmer after dovish-tilting speak from ultra-hawk Holzmann coupled with softer EZ-HICP metricsCrude is incrementally firmer but within recent levels, XAU is off bestLooking ahead, US ADP, ISM Services, Australian PMI...

Equities are mixed, with clear outperformance in the Energy/Basic Resources names amid broader strength in the underlying commodity pricesDollar is flat and holds around 105, AUD outperforms given the rally in metals pricesBonds are mixed, USTs are flat and hold near post-ISM lows, whilst Bunds play catch up; a modest dovish reaction was seen following German state CPIsCommodities are entirely in the green, Crude benefits from heightened...

European bourses hold a positive bias whilst Stateside futures are subdued ahead of a busy docketDollar bid acting as a drag on G10 peers, Antipodeans lagBonds are lower in a continuation of post-Waller price actionCrude and XAU remains in the green despite the stronger Dollar as geopols remain in focusLooking ahead, Highlights include US GDP (F), IJC, UoM Inflation Expectations (F), Japanese Tokyo CPI &...

European bourses are mixed whilst Stateside futures are entirely in the greenDollar is flat, JPY higher after a BoJ/MoF/FSA meeting which only resulted in further jawboning from Top Currency Diplomat KandaBonds mixed though price action has been contained; Bunds rose incrementally on Spanish CPI, upside which proved fleetingCrude is softer in a continuation of post-private inventory data action, XAU bidLooking...

European bourses are mixed though have been edging higher, taking impetus from strength in US equity futuresDollar is weaker, NZD benefits from a softer AUD/NZD crossBonds incrementally firmer and Gilts outperform after BoE’s MannCrude is modestly softer, XAU higher and near session highsLooking ahead, US Durable Goods, Philly Fed Non-manufacturing Business Outlook, Richmond Fed Survey, BoC’s Rogers and ECB’s...