• Asian stocks traded higher as the regional bourses took impetus from the gains in their US counterparts
  • USD was weaker with the DXY stuck around the 93.50 level to the benefit throughout the session
  • US President Trump is said to be planning on adopting a confrontational tone at G7 in response to the other 6 nations collectively pressuring him regarding tariffs
  • Looking ahead, highlights include Turkish rate decision, US weekly jobs, BoE’s Ramsden, supply from France and...
  • Asian equity markets traded somewhat mixed after a similar performance on Wall St. FX markets were largely influenced by NAFTA trade concerns
  • Sources suggest that ECB sees 14th June meeting as 'live' to discuss QE exit
  • UK opposition Labour party are reportedly going to announce a major shift towards a soft Brexit
  • Looking ahead, highlights include RBI rate decision, DoEs, ECB’s Praet, BoE’s Tenreyro and...
  • Asian equity markets traded slightly indecisive after the momentum somewhat petered out from Wall St.
  • RBA kept rates unchanged as expected and reiterated its prior statements which continued to suggest a prolonged pause by the central bank
  • UK PM May reportedly abandoned plans to present UK-EU blueprint before this month's summit in Brussels and will now postpone its release to after the summit
  • Looking ahead, highlights include EZ, UK and US services PMI, US ISM non-manufacturing,...
  • Asian equity markets began the week higher across the board as the region reacted to Friday’s US jobs report and the US-NK summit being back on the cards
  • In FX markets, safe-havens were under strain in which JPY took the brunt of the heightened risk appetite which saw USD/JPY and JPY-crosses extend on Friday’s gains
  • Looking ahead, highlights include UK construction PMI, US factory orders and BoE’s Tenreyro


US Commerce Secretary...

  • Italy’s 5SM and League completed an accord on a coalition government with Conte now given the mandate to form a 5 Star/League coalition government
  • Asian stocks traded cautiously after trade war concerns resurfaced following the US announcement to impose steel and aluminium tariffs on EU, Canada and Mexico
  • Looking ahead, highlights include UK and Eurozone mfg PMIs, US NFP, ISM mfg, Baker Hughes and Fed’s Kashkari


US metal tariff...

  • Asian equities higher after following suit from the rebound seen in their global counterparts as Italian fears subside (for now) and encouraging Chinese data
  • Italy's Five Star Movement have called for Savona to withdraw candidacy for Economy Minister to allow a government to be formed
  • Looking ahead, highlights include Eurozone CPI, US personal consumption and PCE price index, Chicago PMI, Canadian GDP and DoEs


Asian markets traded positive across...

  • Asian equities trade lower across the board as Italian political woes and trade concerns grip sentiment overnight
  • Cottarelli and Mattarella failed to reach an agreement on forming a government but will continue talks. ANSA report that failure to reach a deal could see elections on July 29th
  • Looking ahead, highlights include regional and national German CPIs, US ADP, GDP, Advance Good Trade Balance, BoC Rate Decision, APIs


Asian stocks traded lower...

  • Asia traded mostly subdued as region lacked impetus following the market closures in US and UK. Political uncertainty in Italy and Spain added to the cautious tone
  • In FX markets, the risk averse tone spurred flows into the safe-havens with JPY the main beneficiary which pushed USD/JPY briefly below the 109.00 handle
  • Looking ahead, highlights include ECB’s Mersch and Lautenschlaeger


  • Asian equity markets traded mostly higher on warming geopolitical ties with prospects of the US-North Korea summit back in play
  • Italy PM-designate Conte reportedly gave up on efforts of forming a government after Italian President Mattarella rejected Eurosceptic Paolo Savona for the Economy Minister position
  • Today’s calendar sees a lack of tier 1 highlights. UK and US markets are closed


Asian equity markets traded mostly higher on warming...

  • Asia cautious after US President Trump’s cancellation of the NK summit, albeit Trump has left the door open for the summit to take place in the future
  • FX markets quiet with the USD recovering some of the lost ground from the FOMC minutes; GBP/USD back below 1.3400 and EUR/USD eyeing 1.1700
  • Looking ahead, highlights include German IFO, UK GDP, US Durables, Uni. Of Michigan and a slew of speakers


Asian stock markets traded cautiously as the...

  • FOMC Minutes stated that most felt it would soon be appropriate to raise rates again if outlook remained intact. Minutes contained little that changes the current ‘gradual hikes’ script
  • Asian equity markets traded subdued after US President Trump ordered the Commerce Department to consider a probe on auto imports
  • Looking ahead, highlights include German GDP, UK retail sales, ECB minutes and a slew of central bank speakers


FOMC Minutes...

  • Sentiment soured in Asia after Trump cast doubts over NK summit and expressed dissatisfaction regarding trade talks with China
  • In FX, JPY was a beneficiary of safe-haven flows. USD flat. TRY experienced a ‘flash crash’ which saw the currency drop over 2.5% against the greenback
  • Looking ahead, highlights include EZ Mfg and Services PMIs, UK CPI, US New Home Sales, DOEs, FOMC minute and a slew of speakers


Asian equity markets traded mostly...

  • Asian stocks traded mostly subdued amid holiday closures and a lack of fresh catalysts. DXY was sideways around 93.50 following its recent pullback from YTD highs
  • Italy’s President Mattarella reportedly expressed concerns with the 5SM/League fiscal plan and is said to need time to mull the PM choice
  • Looking ahead, highlights include BoE QIR testimony, ECB’s Liikanen, UK/EU trade talks and US 2yr Note Auction


US and China said to have...

  • Asian equity markets traded mostly positive with sentiment underpinned following the conclusion of the 2nd round of US-China trade talks
  • China agreed to purchase more goods to avoid a trade war. Mnuchin announced that tariffs on China would be placed on hold as discussions progress
  • Looking ahead, highlights include ECB’s Nowotny, Fed’s Bostic, Harker and Kashkari
  • Due to Whit Monday, markets in Austria, Denmark, Germany, Hungary, Iceland, Norway, and Switzerland are...
  • Asian stocks traded mostly positive but with gains contained as focus remained on US-China trade talks and the current geopolitical climate
  • The Chinese trade delegation was said to offer a package to reduce the US trade deficit by USD 200bln annually
  • Looking ahead, highlights include Canadian CPI, retail sales, Fed’s Mester, Kaplan and Brainard


US President Trump stated on Thursday stated that China will not be ripping the US anymore and...

Morning all! - Asian stocks were mixed as the region struggled for firm direction following yesterday’s rally and… https://t.co/Z4rnzsUd0k