Podcasts about Boe

Major bourses in Europe are mostly firmer following CPI-induced optimism, with added tailwinds from China easing COVID measures; FTSE 100 lags DXY tumbles with G10s all firmer against the Buck, whilst the Yuan outperforms in the EM-spaceCrude futures and base metals are extending the gains seen overnight which were sparked by China's COVID updateChinese President Xi will meet with US President Biden, according to the Chinese Foreign MinistryLooking ahead, highlights include Uni of Michigan Prelim survey, speeches from ECB's de Guindos & Panetta, BoE's Tenreyro, ECB's Lane, US Veteran's Day with Floor Trade on CME closedRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks traded with firm gains as the region followed suit to the post-CPI global stock surge which saw the Nasdaq 100 close higher by 7.5%.Chinese stocks were boosted in late trade after China relaxed some of its COVID protocols for close contacts and inbound travel.European equity futures were marginally higher with Eurostoxx 50 futures up by 0.9% after the cash market closed with gains of 3.2% yesterday.DXY remains at depressed levels following yesterday's aggressive sell-off which saw the index post its largest fall since 2009.Looking ahead, highlights include German CPI (Final), UK GDP (Prelim.), Speeches from ECB's de Guindos & Panetta, BoE's Tenreyro, ECB's Lane, Supply from Italy & UK I/L Syndication, US Veteran's Day with Floor Trade on CME closed.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks traded negatively as the region followed suit to the losses stateside which were prompted by crypto concerns and a stronger USD.European equity futures were subdued with Eurostoxx 50 futures lower by 0.6% after the cash market closed down 0.3% yesterday.DXY is softer but on a 110 handle, EUR/USD trades above parity, Cable lingers around 1.14.Binance walked away from the FTX deal due to diligence and reports on the mishandling of FTX customer funds.Looking ahead, highlights include US CPI, IJC, Speeches from Fed's Waller, Harker, Logan, Daly, Mester, George & Williams, BoE's Tenreyro, ECB's de Cos, Schnabel, SNB's Maechler, Supply from UK & US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Major European bourses mostly hold a downward bias following weak handovers from Wall Street and then APAC; US futures are flatIn FX, DXY found a base just above 110.00 before making its way to 111.00; GBP outperforms and the EUR lagsFed's Kashkari said any talk of a pivot is premature and added that they will do what is needed to bring inflation back downFTX is seeking emergency funding to meet withdrawal requests and without funding would result in bankruptcy, according to BloombergLooking ahead, highlights include US CPI, IJC, Speeches from Fed's Harker, Logan, Daly, Mester, George & Williams, BoE's Tenreyro, ECB's Schnabel, SNB's Maechler, Supply from the USRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US Midterm Elections are mostly as expected so far with GOP's leading the House while the Senate is seen as a toss-up.There has been very little market reaction in response to the mid-terms with the Dollar, US indices and T-notes all contained.European equity futures were subdued with Eurostoxx 50 futures down 0.4% after the cash market closed up 0.8% yesterday.DXY is marginally firmer vs. peers, EUR/USD is contained above parity, Cable ran out of steam ahead of 1.16.Looking ahead, highlights include US Midterm Election Results, Speeches from Fed's Williams & Barkin, ECB's Elderson, BoE's Haskel, Supply from UK, Germany, & US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Major bourses in Europe hold a downside bias after seeing some choppiness at the cash open and following a mixed APAC handover; US futures are also softerUS Midterm Elections are mostly as expected so far with GOP's leading the House while the Senate is seen as a toss-up; there was very little market reaction in response to the mid-terms overnightDXY attempts to nurse some recent losses and trades on either side of 110.00 whilst the GBP and NZD underperformCrypto markets remain on the backfoot; Bitcoin briefly dipped under yesterday's low and Ethereum fell under USD 1,200Looking ahead, highlights include US Midterm Election Results, Speeches from Fed's Barkin, ECB's Elderson, BoE's Haskel, Supply from USRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks were mixed as the region only partially sustained the early momentum seen following the positive handover from Wall St.European equity futures are contained with Eurostoxx 50 futures up 0.1% after the cash market closed up 0.6% yesterday.DXY is a touch firmer and on a 110 handle, EUR/USD lingers around parity, Cable is back below 1.15.UK PM Sunak is expected to increase pensions and benefits in line with inflation, according to The Times.Looking ahead, highlights include EZ Retail Sales, US Midterms, Speeches from BoE's Pill, Fed's Williams, ECB's Nagel & SNB's Jordan, Supply from Germany, US & UK (syndication).Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks mostly gained as investors continued to pile on the reopening bets despite China 'unswervingly' maintaining its COVID approach, while the region also shrugged off disappointing Chinese trade dataDXY began with early gains and rose back above 111.00 amid the initial risk aversion; G10s were lower and Antipodeans underperformedChina's health commission spokesman said China will not waver in preventing a COVID rebound and in the dynamic clearing of cases as soon as they emerge, while it did not make adjustments to anti-COVID protocolsApple (AAPL) trimmed its new iPhone output forecast by 3mln units as demand cools, according to BloombergUK Chancellor is set to outline GBP 60bln in tax and spending cuts with early drafts of the autumn statement, according to The Guardian.Looking ahead, highlights include German Industrial Production, EZ Sentix, Speeches from ECB's Lagarde, Panetta, BoE's Pill, Fed's Barkin, Mester & Collins, UK QTUS clocks moved back 1 hour to Standard Time with the difference between London & New York back to 5 hoursClick here for the Week Ahead previewRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Major bourses in Europe kicked off the session with mild losses across the board, but have since moved firmly into the green amid China-COVID focusAmidst this, the DXY has faded significantly from an initial rebound to 111.28 highs; currently, holding around 110.30 to the mixed benefit of peersCore counterparts have spent the morning under pressure amid the increasingly constructive risk tone; however, this has eased and USTs are now essentially unchanged.WTI and Brent futures have trimmed losses seen in wake of China sticking to its COVID policy over the weekend.AAPL has trimmed its iPhone output forecast amid cooling demand, via BBG, while Foxconn restrictions impact 14 Pro/Max assemblyLooking ahead, highlights include speeches from BoE's Pill, Fed's Barkin, Mester & Collins, UK QT (medium-term).Click here for the Week Ahead preview.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

James Lavish (author of The Informationist, prior fund manager and macro commentator) joins me on the show to chat about the great debt spiral and how Bitcoin is a big part of the answer. We discuss: Recent central bank rate hikes - Fed and BoE hike 75 basis points Financial zombies Zombie countries and G7 Why the EU is doomed UK Debt problems How Bitcoin Fixes This Links: Twitter: @jameslavish Newsletter: https://jameslavish.substack.com/ Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com(code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera

The Bank of England raised interest rates by the most since 1989 on Thursday but warned investors that the risk of Britain’s longest recession in at least a century means borrowing costs are likely to rise less than they expect. The BoE increased Bank Rate to 3% from 2.25% and warned that the British economy … Continue reading "The Central Bank Rate Rise Pass The Parcel Continues… [Podcast]"

In this episode of our Week Ahead podcast series, we'll be looking at the main themes that will drive global markets over the coming week. In the US, it's all about CPI, the University of Michigan survey and the US midterms. In Europe it will be the Sentix data, ECB speakers and the aftermath of the dovish BOE. Then it's the threat of Russian escalation in Ukraine, rising lockdown measures in China and the current state of global markets all to discuss.

US futures are indicating a higher open. European equity markets have opened in the positive territory, following a choppy session in Asia that ended with a mostly higher performance. A few surprises came from RBA's Statement on Monetary Policy, which showed that inflation is projected to remain above target band with a tightening cycle  extending further into 2023. Similar comments came from Norway's central bank. ECB officials also said that rates must rise further with inflation remaining too high, and that 1Q23 to be optimal for QT to start, while the BOE issued a notably downbeat statement. Companies Mentioned: Apple, PayPal, General Mills, Audi, Mondelez, Pfizer

US equities were lower this week as the S&P and Nasdaq both posted declines after back-to-back weekly gains. Growth was a big laggard to value, underperforming by the most since the week ended 7-Jan, with megacap tech a significant drag. The dollar index was a bit stronger though sterling weakness was the big story after this week's dovish BoE decision.

Today's slide deck:  https://bit.ly/3WywenF   - Click here to open an account with Saxo  - Today we look at whether the US October jobs (and earnings!) report later today will extend or disrupt the powerful market reaction to Fed Chair Powell's hawkish FOMC press conference on Wednesday. We also look at the impact of a very dovish Bank of England meeting and the market thumbing its nose at the BoE's rate guidance next year. We also look at crude oil, gold, copper & cotton, stocks to watch including a huge positive beat from SocGen this morning. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting an on FX. Intro and outro music by AShamaluevMusic

In the latest podcast update:·         Could the Fed slow its pace of rate increases as soon as December? ·         Key takeaways from the BoE's November policy meeting·         Is the UK already in a recession?IMPORTANT DISCLOSURE:These views are subject to change at any time based upon market or other conditions and are current as of the date at the top of the page.Investing involves risk and principal loss is possible.Past performance does not guarantee future performance.Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.This material is not an offer, solicitation or recommendation to purchase any security. Nothing contained in this material is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type.The general information contained in this publication should not be acted upon without obtaining specific legal, tax and investment advice from a licensed professional.  The information, analysis and opinions expressed herein are for general information only and are not intended to provide specific advice or recommendations for any individual entity.Please remember that all investments carry some level of risk. Although steps can be taken to help reduce risk it cannot be completely removed. They do no not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.Investments that are allocated across multiple types of securities may be exposed to a variety of risks based on the asset classes, investment styles, market sectors, and size of companies preferred by the investment managers. Investors should consider how the combined risks impact their total investment portfolio and understand that different risks can lead to varying financial consequences, including loss of principal. Please see a prospectus for further details.The S&P 500® Index, or the Standard & Poor's 500, is a stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.The MSCI AC (All Country) World Index: Captures large and mid-cap representation across 23 Developed Markets (DM) and 24 Emerging Markets (EM) countries. With 2,791 constituents, the index covers approximately 85% of the global investable equity opportunity set.The FTSE 100 is a market-capitalization weighted index of UK-listed blue chip companies.With a fixed number of 600 components, the STOXX® Europe 600 Index represents large, mid and small capitalization companies across 17 countries of the European region: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland and the United Kingdom. It is derived from the STOXX® Europe Total Market Index (TMI) and is a subset of the STOXX® Global 1800 Index.Indexes are unmanaged and cannot be invested in directly.Copyright © Russell Investments Group LLC 2022. All rights reserved.This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty.CORP-12138Date of first use November, 2022

European bourses are subdued across the board, Euro Stoxx 50 -0.8%, as the post-Powell pressure reverberates across from APAC trade.Stateside, futures are lower across the board though only marginally so with a busy session ahead incl. BoE and ISM Services PMI; ES -0.3%, NQ -0.3%.USD continues to rise to the detriment of peers across the board following the FOMC/Powell-presser; DXY to a 112.98 peak from a 111.81 base.NOK has been impaired by an as-guided but sub-market pricing 25bp hike from the Norges BankCore fixed benchmarks under pressure across the board as yields continue to extend, particularly at the short-end of the UST curve.Commodities are under broad pressure given the continued post-FOMC advances in the USD, crude benchmarks lower by over USD 1.00/bbl.Looking ahead, highlights include US IJC, Composite/Services PMI (Final), Factory Orders & ISM Services, BoE Policy Announcement, Speeches from BoE's Bailey & Mann.Click here for the Week Ahead preview.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

It may feel like a lifetime, but less than three weeks ago the UK had a different prime minister, a different Chancellor of the Exchequer and a brewing conflict between the government and the Bank of England. Former Chancellor Kwasi Kwarteng and BOE Governor Andrew Bailey were at loggerheads as the deadline for the central bank to end a bond-buying program neared. Cue the blame game with Kwarteng saying any fresh turmoil in markets would be “a matter for the governor.” But Bailey didn't budge. And days after that deadline passed, Kwarteng was out of a job and Truss wasn't far behind.In this episode of In the City, senior reporter Phil Aldrick and correspondent Lizzy Burden join David Merritt in a conversation about the tension between the government and the BOE, how Bailey navigated both the market turmoil and pressure from Westminster, and what fresh problems now face the governor. And here's a list of all the things you need to sign up for:For a daily look at the stories that matter in the UK, sign up now for our newsletter, The Readout with Allegra Stratton: https://www.bloomberg.com/account/newsletters/readoutAnd to figure out what all that means for your money--sign up for John Stepek's daily newsletter Money Distilled. https://www.bloomberg.com/account/newsletters/uk-wealth See omnystudio.com/listener for privacy information.

Lunedì 31 ottobre scorso è arrivata la comunicazione ufficiale del Mef sulla cessazione dell'esclusiva concessa a Certares, Air France-Klm e Delta per la cessione del controllo di Ita. Potrebbe quindi tornare in scena la cordata tra Msc-Lufthansa che aveva partecipato alla gara la scorsa estate, e Indigo Partners che aveva manifestato interesse lo scorso marzo. Intanto c'è attesa per l'8 novembre, giorno per il quale è in calendario l'assemblea dei soci di Ita che darà il via libera all'aumento di capitale da 400 milioni. Si tratta della seconda tranche del finanziamento complessivo da 1,35 miliardi di euro già autorizzato dall'Ue e suddiviso in tre tranche: 700 milioni per il 2021, 400 per il 2022 e 250 per il 2023. Nell'odg di quel giorno è previsto anche la revoca dell'incarico di presidente ad Alfredo Altavilla. Infine da indiscrezioni nell'assemblea del prossimo 8 novembre all'ordine del giorno ci sarebbe il cambiamento dello statuto della compagnia per la revisione del numero minimo di consiglieri, che da sette passerebbero a cinque per iniziare ad allineare il cda verso la privatizzazione. Ne parliamo con Giorgio Pogliotti de il Sole 24 Ore. Indice Cosulich. Furto del carico per la nave bloccata a Mariupol. Questa mattina sono salpate sette navi cariche di prodotti agricoli dai porti dell'Ucraina nell'ambito dell'accordo sul grano firmato lo scorso 22 luglio a Istanbul. È la conseguenza del ritorno della Russia nell'accordo di quest'estate dopo una sospensione di quattro giorni. Le navi sono state caricate con 290mila tonnellate di prodotti alimentari e sono dirette verso paesi europei e asiatici. Rimane però bloccata la nave del nostro Augusto Cosulich che negli scorsi giorni ha addirittura subito un furto al proprio cargo di 14mila tonnellate di bramme. Nel frattempo un pool di istituti composto da Crédit Agricole Italia, nel ruolo di Arranger, Lender e Banca Agente, e UniCredit, Cdp, Banco Bpm nei ruoli di Arranger e Lender, ha erogato un finanziamento di 29,5 milioni di euro, assistito dalla Garanzia Sace, a Fratelli Cosulich per la costruzione di una nave gasiera. Approfondiamo il tema con Augusto Cosulich, l'agente marittimo genovese, presidente e amministratore delegato della "Fratelli Cosulich". BoE: tassi a top da 2008, attesa recessione "per periodo prolungato" La Bank of England prevede "un outlook molto problematico per l'economia britannica, con una recessione per un periodo prolungato e l'inflazione a livelli elevati sopra il 10% nel breve termine". Questo anche a causa della contrazione dei redditi reali a causa dell'aumento dei costi dell'energia globale, cosa che ha un impatto negativo sui consumi e sulla spesa delle famiglie. La Banca centrale britannica ha alzato i tassi di interesse di 75 punti base, il rialzo maggiore dal 1989, portandoli dal 2,25% al 3%, il livello più alto da novembre 2008. In particolare, come si legge nel documento diffuso al termine della riunione della Monetary Policy Committee (Mpc), il Pil del Regno Unito e' atteso in calo nel 2023 (-1,9% a fine anno) e nel primo semestre 2024, per chiudere l'anno a -0,1% e risalire a +0,7% a fine 2025. La Boe prevede una fase "problematica" protratta, evocando la recessione più lunga della storia recente del Paese fin dagli anni '20 - ossia da quando si registrano i dati sul Pil - sebbene non la più pesante in termini di percentuali. Giorgia Scaturro de Il Sole 24 Ore.

US stocks ultimately suffered notable losses after markets saw a dovish reaction to the Fed statement but a hawkish one during Powell's presserFOMC hiked rates by 75bps as expected and noted the Fed will take into account "the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments"Fed Chair Powell during the presser suggested they still have some ways to go and data suggests the ultimate level of rates will be higher than previously expectedAPAC stocks were mostly lower; US equity futures eked mild gains overnight but with the recovery insignificant compared to the sell-off triggered by Fed Chair PowellOvernight, DXY retreated beneath the 112.00 level following the tumultuous post-FOMC fluctuations, 10yr UST futures were stuck around the prior day's lowsLooking ahead, highlights include Swiss CPI, EZ Unemployment, US IJC, Composite/Services PMI (Final), Factory Orders & ISM Services, Norges Bank & BoE Policy Announcements, Speeches from BoE's Bailey & Mann, ECB's Lagarde, de Cos, Panetta & Elderson, Supply from Spain & FranceEarnings from Rolls-Royce, Sainsbury's, ING, BNP, Stellantis, Euronext, ConocoPhillips, Starbucks, PayPal & ModernaClick here for the Week Ahead previewRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Today's slide deck:  https://bit.ly/3fwDoYQ   - Click here to open an account with Saxo  - Today we look at the hawkish Fed Chair Powell press conference delivering a hammer-blow to sentiment as he managed to both pull off the idea that the Fed may indeed soon pivot to a slower pace of rate hikes as soon as December, but that any talk of a pause is "very premature". The result? Sentiment thrashed and the USD going vertical as the market takes Fed rate expectations and the terminal rate next year higher still. Incoming US data could further aggravate this move if the data remains even resilient, much less hotter than expected. We also talk through the reaction to the FOMC in gold, risks to sterling today if BoE fails to take the hawkish hint from Powell, stocks to watch, perspective on where we are with equity valuations and more. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting an on FX. Intro and outro music by AShamaluevMusic

U.S. equities dip as investors brace for a fourth consecutive 75bps rate hike from the Federal Reserve. HSBC CEO Noel Quinn tells CNBC he believes the U.S. central bank is close to it. Mainland Chinese markets add to yesterday's big gains despite Beijing denying rumours it will soften its zero-Covid policy. Standard Chartered CEO Bill Winters says he is bullish that Chinese growth will return. The BoE sells up to £750m of UK government debt, becoming the first central bank to sell sovereign bonds back to the markets. And we are live at Web Summit in Lisbon where hot topics will include Elon Musk's takeover of Twitter and U.S. regulators' potential crackdown on TikTok.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

European bourses are firmer across the board with commodity stocks leading the way on the overnight China COVID rumours.Stateside, futures are similarly supported though magnitudes a touch more contained ES +0.8%; NQ outperforms as global yields pullback.Unconfirmed reports that a Chinese committee is being formed to assess how to exit COVID Zero; however, this was subject to push backUSD pressured as risk rebounds and yields retreat, with new month and pre-FOMC positioning also potentially impacting; DXY sub-111.00.Core and periphery fixed benchmarks are bid with Gilts currently leading amid the latest fiscal musings and as we look to the BoE's QT starting in the short-endCommodities are lifted across the board in wake of the China COVID-related updates; crude complex remains attentive to ADIPECLooking ahead, highlights include US Manufacturing PMI (Final), US ISM Manufacturing PMI, JOLTS, New Zealand Unemployment, Earnings from Marathon, Phillips 66, Pfizer, Uber & AMD.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US futures are indicating a slightly lower open. European equity markets have opened softer, following mostly positive performance in Asia. Market participants are evaluating the potential for a central bank policy pivot ahead of the key Fed meeting this week. Some ECB takeaways have noted signs of dovish hints. BoE is set for big rate increase, but could signal smaller moves later. Tuesday's RBA meeting is widely expected to deliver another 25bps rate hike. Companies Mentioned: Tesla, Glencore, Emerson Electric, Blackstone, Thermo Fisher Scientific

A macro pivot is underway with US and China GDP having bounced back last quarter after contracting in 1H, and with Europe now sliding into a recession this quarter. However, inflation remains high and surprising to the upside in both the US and Europe, tempering any chance of a material central bank pivot. Next week, we expect more hikes from the Fed, BoE, Norges, and RBA. If our forecasts are right, the global hiking cycle comes to an end by 1Q23. But this will require a significant moderation in inflation. Speakers: Joseph Lupton Michael Hanson This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2022 JPMorgan Chase & Co. All rights reserved.

In this episode of our Week Ahead podcast series, we'll be looking at the main themes that will drive global markets over the coming week. In the US, it's the Fed meeting – will they signal a slowdown in hikes to come? In Europe, it will be the BOE meeting, flash inflation and unemployment figures. Then we have FX intervention in Japan, the RBA meeting, the threat of Russian escalation in Ukraine, rising lockdown measures in China and the current state of Global markets all to discuss.

While announced as a temporary measure, the Bank of England's purchases of long-dated gilts is another reminder of how central banks will struggle to reduce bloated balance sheets. Japan's quantitative easing rumbles on, and the US and euro area are still at the nascent stage of addressing their central bank's finances. QE globally has been no panacea, and the BoE has been quick to differentiate financial support from QE. Yet, by trying to suppress bond yields and signalling that money printing can be used to finance fiscal spending, it suggests fiscal considerations have in QE countries become a more potent force behind monetary decisions as rates rise. In the UK, ‘the kindness of strangers' will increasingly hinge more on yield, currency and ratings considerations compared to Japan. Is the UK a test case for others, what are the problems and where do we go from here? Neil Williams, chief economist, and Taylor Pearce, economist, OMFIF, discuss.

APAC stocks eventually traded mostly higher following a firm lead from Wall Street; Chinese stocks experienced a choppy sessionDXY traded under 112.00, USD/JPY was relatively stable, CNH weakened on the PBoC fixingSouth Korean President Yoon said North Korea has completed preparations for a seventh nuclear testSky News sources suggest Jeremy Hunt is to remain UK Chancellor, while Penny Mordaunt wants the Foreign Secretary jobEuropean equity futures held a flat bias overnight, with the Euro Stoxx 50 future +0.1% after cash markets closed +1.5%Looking ahead, highlights include German Ifo Survey, Australian Federal Budget, US Richmond Fed, BoE's Pill, Supply from UK, Germany, the US. Earnings from Alphabet, Google, Microsoft, Centene, General Motors, UPS, ADM, General Electric, Raytheon, Coca-Cola, 3M, Visa, and more.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Convention Session Dr. EUGENE BOE When were you justified? When were your sins forgiven? Join Dr. Boe in exploring how the Scriptures speak to these and related matters.

European cash bourses trade mixed with the breadth of the market narrow, US futures softer though off lows and variedTSLA -5.0% in the pre-market post-earnings; in Europe, Ericsson and Nokia hit on marginsPound pressured alongside PM Truss and after BoE's Broadbent, USD/JPY through 150.00 while DXY slips from 113.00Debt remains depressed though notably off worst levels after dovish remarks from BoE's Broadbent, yields bid but have similarly slippedCrude complex is buoyed by the USD's pause and after China COVID source reportsLooking ahead, highlights include US Philly Fed. Speeches from Fed's Bowman, Cook, Harker & Jefferson, ECB's de Cos. Earnings from American Airlines, Phillip Morris.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

It's not every day we speak to someone who was instrumental in contributing to a state's education funding formula but we lucked out! Ryan Pendleton, Executive Director at North Coast Shared Services Alliance joins us to speak about how his contributions influenced Ohio's state funding mechanism and how to best communicate to your BOE and community.

Equities in Europe are mostly lower despite initial positive performance; US futures bid, but shy of best.European earnings include ASML & Nestle; NFLX +13% in pre-market following their after-hours updateFranc flounders as Dollar rebounds alongside bear-steepening in US Treasuries, USD/CHF probes parity as DXY tops 112.500.Gilts dented post-CPI which topped 10%, though clawed back losses to mid-97.00; broader complex pressured, though similarly off worst.WTI and Brent Dec futures are firmer intraday after yesterday's decline, which saw Brent dip under USD 90/bbl but settle at the figure.Looking ahead, highlights include Canadian CPI. Speeches from Fed's Bullard, Evans & Kashkari; BoE's Cunliffe & Mann; ECB's Centeno & Visco. Supply from the US. Earnings from Tesla, P&G, AbbottRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks were positive with the region inspired by gains in global counterparts (SPX +2.66%).European equity futures are indicative of a higher open with the Euro Stoxx 50 future +1.2% after the cash market closed with gains of 1.8% yesterday.BoE is reportedly expected to further delay quantitative tightening until gilt markets calm, according to FT.DXY is softer and on a 111 handle, GBP is supported post-QT delay expectations, NZD bolstered by strong CPI.Looking ahead, highlights include German ZEW, US Industrial Production & Capacity Utilisation, Speeches from Fed's Bostic, Kashkari & ECB's Schnabel, Supply from UK & Germany, Earnings from Goldman Sachs, JNJ, LMT, Netflix, United Airlines, Interactive Brokers, Roche.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US futures are indicating another higher open, extending Monday's sharp gains. European equity markets have opened strong, following mostly positive performance. Broad risk sentiment has been supported by the UK dynamics, as new Chancellor Hunt scrapped most of PM Truss's economic plan, and scaled back the energy support scheme, making a historic policy U-turn to try to stem dramatic loss of investor confidence. Pound supported against both US Dollar and EURO on the news. The BoE is expected to delay quantitative tightening, while the ECB's Nagel reiterated the need for the bank to continue tightening policy due to high inflation. Companies mentioned: Intel, Boeing

Equity bourses in Europe trade with gains across the board but are off best levels; US futures are faring betterNZD leads after strong CPI while GBP lags as the BoE pushes back on QT delay reports, DXY firmer but off bestYen pares some losses from under 149.00 against the Dollar amidst some unsubstantiated talk of interventionOverall fixed complex is pressured, with Gilts lagging though Bunds are in close proximity and below 136.00 post poor 7yr-supply and ahead of ECB speak.WTI and Brent December contracts are softer on the session and gave up earlier gains as the DXY creeps higherLooking ahead, highlights include US Industrial Production & Capacity Utilisation, Speeches from Fed's Bostic, Kashkari & ECB's Schnabel. Earnings from Goldman Sachs, JNJ, LMT, Netflix, United Airlines, Interactive Brokers.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The Federal Reserve shows no sign of slowing down rate hikes in the near term. But are they doing anything? ZEGA CEO Jay Pestrichelli is back on the show with Derek Moore to debate. Plus, why we care about England's BOE moves. Finally, some recommendations.     What is the deal with the UK's pensions and government bonds? Is the Fed doing it all wrong? Container shipping rates back to normal? The waiting is over at the Port of LA Inflation run rates and what we need to happen What would it take for a Fed pivot based on some historical numbers Real vs Nominal numbers in economics Lag in OER (Owners Equivalent Rents) and Rent of Primary Residence in CPI       Mentioned in this Episode:   What are Overnight Reverse Repos https://podcasts.apple.com/us/podcast/what-are-reverse-repos-and-repos-fed-enters-overnight/id1432836154?i=1000523659106   Derek Moore's book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547/ref=sr_1_1?keywords=broken+pie+chart&qid=1558722226&s=books&sr=1-1-catcorr   Jay Pestrichelli's book Buy and Hedge https://www.amazon.com/Buy-Hedge-Iron-Rules-Investing/dp/1087941849/ref=nav_signin?_encoding=UTF8&qid=&sr=&asin=1087941849&revisionId=&format=4&depth=1   Contact Derek derek.moore@zegafinancial.com

European bourses trade on a firmer footing in an extension of yesterday's gains; US futures are more containedDXY hovers around 113.00; GBP sits as the laggard as it unwinds some of the prior day's gains, USD/JPY topped yesterday's high of 147.67Gilts are back above 97.00 amidst further reports that some economic plans may be reversed by the UK PM later today who to hold a press conference today at 14:00BST/09:00EDTNorth Korea fires artillery shells off sea, according to South Korean military; into the buffer zones in the east and west seas during the afternoonLooking ahead, highlights include US Retail Sales, US University of Michigan Prelim Survey, Speeches from BoE's Bailey, Fed's George, Cook & Waller, earnings from JP Morgan, Wells Fargo, Morgan Stanley, CitigroupRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks took impetus from the aggressive rebound on Wall St (SPX +2.6%) where stocks made a remarkable comeback from the initial CPI-related selling.European equity futures are indicative of a higher open with the Euro Stoxx 50 future +1.8% after the cash market closed with gains of 0.9% yesterday.DXY remains on the backfoot, Cable sits on a 1.13 handle, EUR/USD lingers around 0.98 and antipodeans outperform.UK PM Truss could face a leadership challenge if Chancellor Kwarteng's economic statement on October 31st fails to end the turbulence in financial markets.Looking ahead, highlights include US Retail Sales, US University of Michigan Prelim Survey, Speeches from BoE's Bailey, Fed's George, Cook & Waller.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ce jeudi 13 octobre, l'annonce une prime d'un mois de salaire pour tous les salariés de TotalEnergies, ainsi qu la crise financière britannique, ont été abordés par Benaouda Abdeddaïm, David Gaud, partner & CIO chez B Durand Capital Partners et Thiébault Dromard, rédacteur en chef à Challenges, reçu par Laure Closier et Christophe Jakubyszyn dans l'émission Good Morning Business sur BFM Business. Retrouvez l'émission du lundi au vendredi et réécoutez la en podcast.

European bourses saw a choppy start to the session but have since been trending higher, with US futures are moving in tandemDXY declined under 113.00 as GBP strengthened; EUR and Antipodeans gain whilst USD/CNH tested 7.2000 to the upsideUS Treasuries are observing some caution whilst EU bonds trim yesterday's losses and Gilts outperformFed's Bowman (voter) said sizeable rate hikes should remain on the table if they do not see signs that inflation is moving down Chinese Health Official said China will continue to strengthen COVID prevention and control, will resolutely guard against large-scale outbreaksLooking ahead, highlights include US CPI, US DoE, Astana Summit, Speech from BoE's Mann, Supply from the USRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks traded cautiously following the soft handover from Wall Street post-PPI and FOMC minutes.FOMC minutes noted that officials judged they needed to move to and maintain a more restrictive policy stance, although several participants noted that risks could become more two-sided.European equity futures are indicative of a lower open with the Euro Stoxx 50 future -0.5% after the cash market closed with losses of 0.3% yesterday.DXY is steady on a 113 handle with price action contained across major pairs, EUR/USD and Cable linger around 0.97 and 1.11 respectively.Looking ahead, highlights include German Final CPI, US CPI, US DoE, IEA OMR, Astana Summit, Speeches from ECB's de Guindos & BoE's Mann, Supply from Italy & US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses saw a choppy start to the session, but have since titled to the upside; US equity futures trade on a firmer footing with the ES back above 3600GBP was volatile but currently stands as the outperformer, DXY is softer but off worst levels, USD/JPY to a fresh 2022 and multi-year bestBoE said the bank has made it clear from the outset that its temporary and targeted purchases of gilts will end on October 14thPolish pipeline operator said it detected a leak in the Druzhba pipeline; Polish top official said there are no grounds to believe it was sabotageLooking ahead, US PPI Final Demand, FOMC Minutes, G20 Finance Ministers' meeting, Astana Summit, Speeches from BoE's Pill & Mann, ECB's Lagarde, Fed's Kashkari, Barr & Bowman Supply from USRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

TF Metals Report author, Craig Hemke, joined us today for his market commentary. The precious metals exploration news flow is quiet for the most part early this week, but the macro backdrop and policy decisions of central banks are what could bring another leg up in the precious metal market. Craig talks about the BoE move of two weeks ago and what to watch out for later this week.

“At some time, this will break.” Scott Bauer analyzes the recent moves in the U.S. Dollar and how recent central bank intervention measures, like the BOE, has propped up the price. He believes at some point the trend will break and proper risk management is needed to protect against significant losses. Scott highlighted that the market is positioned for some hot inflation data prints later this week which could cause the equities to continue its selling trend.

European bourses are once again underwater; US futures are also on the backfoot with the ES Dec'22 contract dipping below 3600DXY is firmer on the day with a current intraday high of 113.50, G10s are mixed vs the USD with the CAD and AUD the laggardsSchatz and Bund futures both retreated to new intraday lows, 10yr UK debt future also recoiled to a deeper Liffe low, and US Treasuries are narrowly mixed BoE said it intends to purchase index-linked Gilts effective from Oct 11-14, and announced a temporary pause to corporate bond salesTaiwan said that two US Congressional delegations are to visit this week, according to a statementLooking ahead, highlights include US IBD/TIPP, speeches from ECB's Lane, Fed's Harker & Mester, BoE's Bailey & Cunliffe, SNB's Jordan, RBA's Ellis, Astana Summit, auction from the USRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk