Podcasts about bunds

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Best podcasts about bunds

Latest podcast episodes about bunds

Ransquawk Rundown, Daily Podcast
US Market Open: US Equity futures mixed/flat with focus on the final Fed speakers pre-blackout

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jan 20, 2023 2:04


European bourses are firmer, Euro Stoxx 50 +0.5%, but are currently still set to end the week with modest lossesStateside, futures are mixed/flat, ES +0.1% holding around 20 points above the 3900 mark, with the 100- & 21- DMAs at 3900 and 3904 respectively.DXY has struggled to make any meaningful headway thus far, though it has derived support from a marked pullback in the JPY while antipodeans lead.EGBs continue to slip as ECB's Lagarde maintains they will "stay the course" on policy, with Bunds down to a 138.49 low vs Thursday's 140.73 peak.Crude benchmarks are firmer on the session, taking advantage of the rosier demand outlook going into the Lunar New Year holiday.Looking ahead, highlights include US Existing Home Sales, Speeches from Fed's George, Harker & Waller and ECB's Elderson, earnings from State Street.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: JPY outperforms in otherwise relatively contained pre-CPI trade

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jan 12, 2023 2:34


European bourses are firmer across the board, Euro Stoxx 50 +0.5%, though price action has been fairly contained in slim pre-CPI newsflow with US futures essentially unchanged.Yomiuri Yen revival keeps Greenback grounded awaiting US CPI data; reports the BoJ is to review the effects of its massive monetary easing at next week's gathering.Bonds wane after an early bull run to and through new big figure levels for Bunds and Gilts at 138.45 and 104.14 respectively, USTs more reserved pre-CPI/Fed speak.Crude and precious metals have benefitted from the USD's pullback, though are yet to eclipse recent bests.Looking ahead, highlights include US CPI & IJC, speeches from Fed's Barkin, Bullard & Harker and supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Risk sentiment supported as China's reopening continues, Fed speak/NY Fed survey due

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jan 9, 2023 3:16


European bourses are firmer across the board, Euro Stoxx 50 +0.3%, as the constructive APAC tone from China's reopening leadsUS futures are in the green, ES +0.4%, in-fitting with the above sentiment ahead of Fed speak and a NY Fed Consumer Expectations surveyDXY continues to slip below the 104.00 mark between 103.860-420 parameters towards key technical support and its December low (103.380)Action which is benefitting peers across the board ex-JPY, which is suffering amid the easing in USTs/EGBs and a Japanese holiday, with USD/JPY above 132.50EGBs under pressure and continuing to retreat from Friday's best, with Bunds down by nearly 100 ticks and Gilts similarly dented though managing to retain 102.00 at presentCrude benchmarks are bid this morning, with WTI Feb and Brent Mar posting upside in excess of 3.0% or USD 2.0/bbl respectively; given China's reopening and geopolitical developmentsLooking ahead highlights include speeches from Fed's Bostic, Daly, BoE's Pill & NY Fed Consumer Expectations survey.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Incremental extension of initial upside with NKE & FDX assisting

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Dec 21, 2022 2:48


European bourses have eked out a marginal extension of their initial upside, Euro Stoxx 50 +0.9%, with both newsflow and the schedule ahead sparse.ES +0.6%; post-earnings NKE +12.5% & FDX +4.8%DXY has managed to attain an incremental foothold at 104.00, with peers ex-NZD generally contained in tight ranges.An early recovery bounce has seemingly run out of steam ahead of US 20yr supply, with Bunds and Gilts fading from respective 136.00+ and 101.50+ peaks.Commodities are contained, though crude benchmarks extended to fresh incremental peaks amid Russian Defense Ministry commentaryLooking ahead, highlights include US MBA Mortgage Applications, Canadian CPI, CNB Decision, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: post-ECB hawkish action continues, Bunds lower by over 150ticks

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Dec 16, 2022 2:24


European bourses remain on a downward trajectory as the post-ECB slump continues with US futures similarly afflictedDXY has whipsawed within a 104.20-73 range, well within yesterday's bands, though an overall underlying USD bid has emergedEGBs continue to slide. With Bunds lower by over 150 ticks and the associated 10yr yield above 2.2% post-ECB.Crude benchmarks have succumbed to the above price action but remain someway above the existing WTD troughLooking ahead, highlights include US Flash PMIs, Quadruple Witching, Fed's Williams, Daly & Mester.Click here for the Week Ahead previewRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Post-FOMC action continues, SNB & Norges Bank in-line; BoE, ECB & US data ahead

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Dec 15, 2022 2:27


European bourses and US futures are under pressure, seemingly in a second wave of the post-FOMC price action.USD has continued to climb throughout the morning, DXY above 104.40 at best with peers dented across the boardSNB & Norges Bank were essentially in-line with expectations, hiking by 50bp & 25bp respectively.Gilts continue to outperform and leading a relative 'revival' in the debt space, though USTs and Bunds are yet to make any real ground above neutralCrude benchmarks are flat, having pared a bulk of the APAC losses with the move coming in spite of the above actionLooking ahead, highlights include US IJC, Retail Sales & Industrial Production, BoE, ECB, Banxico Policy Announcements, European Council Meeting (1/2), Press Conference from ECB's Lagarde.Click here for the Week Ahead previewRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: CPI-induced upside continues to wane pre-FOMC; USD/JPY & Bunds dented post-sources

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Dec 14, 2022 3:08


European bourses are under pressure across the board, Euro Stoxx 50 -0.7%, as the CPI-induced upside wanes ahead of the FOMC & Powell thereafterUSD has continued to slip with the index down to 103.66 at worst, nearing Tuesday's 103.57 trough to the benefit of most G10 peers.JPY outperforms with USD/JPY dropping below 135.00 to a 134.61 low in wake of BoJ sourcesBunds under marked pressure given a sizeable 2023 issuance remit and subsequent hawkish ECB source reports; with the benchmark sub-140.00Crude benchmarks are firmer on the session, though remain within Tuesday's and by extension recent parameters; IEA OMR raised demand forecastsLooking ahead, highlights include US Export/Import Prices, FOMC Policy Decision & Press Conference.Click here for the Week Ahead previewRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Generally constructive, though choppy, price action ahead of US CPI

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Dec 13, 2022 2:41


European bourses are firmer across the board Euro Stoxx 50 +0.8%, though action has been choppy with fresh drivers limited.US futures are similarly bid, though comparably more contained ahead of CPI and 30yr supplyDXY is bid, but has been unable to convincingly breach the 105.00 mark despite a brief foray to 105.09, with peers generally contained vs USD.EGBs have been pressured throughout the morning, with Bunds initially lagging though they have staged a marked rebound to downside of just 20 ticks.Overall, the crude benchmarks have been relatively steady throughout the European morning posting upside in excess of 1.0% and remain towards the top-end of yesterday's parameters.Looking ahead, highlights include US CPI, Japanese Tankan & supply from the US.Click here for the Week Ahead previewRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: COVID controls weigh on risk appetite, US supply ahead

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Nov 21, 2022 2:40


European bourses are pressured across the board, Euro Stoxx 50 -0.6%, as China's COVID crackdown weighs on sentimentStateside, futures are similarly impaired at the start of a holiday-thinned week with today's US docket particularly thin ex-supplyUSD has benefited from above risk-aversion with G10 peers lower across the board, particularly Yen & YuanDespite pronounced action earlier on, core fixed benchmarks are in relative proximity to the unchanged mark with Bunds just 20 ticks lower overallCommodities slip amid the COVID updates and USD upside, factors which are overshadowing BP's Rotterdam refinery closure and union actionFed's Bostic said he is ready to move away from 75bps hikes at the Dec. meeting, believes another 75bps-100bps tightening will be warranted & sufficient to rein in inflationLooking ahead, highlights include US 2 & 5 yr supply.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: BTPs bolstered, USD slips and US equity futures firmer; Fed speak ahead

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Nov 15, 2022 3:10


European bourses are mixed overall, Euro Stoxx 50 +0.2%, as opening gains scale back after a mostly constructive APAC session.Stateside, US futures are firmer across the board with Tech leading after strong APAC tech trade and in wake of Fed's Brainard, ES +0.7%.DXY continues to slip after a pronounced move which occurred prior to the European cash open, currently near sub-106.00 lows to the broad benefit of peers.BTPs are leading the fixed income complex with upside in excess of a point, Bunds are similarly bid though to a lesser extentUSTs move in tandem with EGBs with yields lower as such in wake of Fed's Brainard, who backed the FOMC downshifting to a lower increment of rate hikes in December.Crude benchmarks are pressured with the overarching COVID headwind weighing on the demand side and overshadowing any potential upside from the USD & G20.Looking ahead, highlights include US PPI, Speeches from Fed's Harker, Cook, Barr, ECB's Villeroy, Elderson.Click here for the Week Ahead previewRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Contained trade across assets ahead of US midterms, whilst crypto sold off overnight

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Nov 8, 2022 3:11


Major bourses in Europe portray a mixed picture with no clear conviction seen heading into the US mid-term elections, US equity futures post mild gains but with price action containedDXY gleaned some traction across the board amidst a firmer rebound in Treasury yields, renewed weakness in the Yuan and general consolidation ahead of impending risk eventsUS Treasuries were first off the block in terms of paring more losses from worst levels to turn marginally positive, Gilts followed suit, Bunds remain depressedWTI and Brent futures are softer intraday as DXY picked up overnight and in early European trade, whilst China's COVID woes remain a grey cloud for the complex, with daily new cases in China rising to a six-month high for SundayBitcoin was pressured and slipped below the USD 20,000 level, with headwinds also as FTX Token sold off overnightLooking ahead, highlights include US Midterms, supply from USRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The OMFIF Podcast
Tammo Diemer on weak demand for Bunds, the repo market and EU joint debt

The OMFIF Podcast

Play Episode Listen Later Nov 1, 2022 19:41


Burhan Khadbai, head of content at OMFIF's Sovereign Debt Institute, sits down with Tammo Diemer, member of the management board at Deutsche Finanzagentur, to discuss the unprecedented volatility and challenges facing the German government bond market. Diemer discusses the weak demand facing Bunds – including the recent seven-year auction and 30-year syndication – the Finanzagentur's decision to tap bonds to use in the repo market, joint EU debt to fund the energy crisis, the performance of Germany's green bonds and the outlook for 2023.

Ransquawk Rundown, Daily Podcast
US Market Open: Sentiment slips amid downbeat Ifo commentary and a resilient USD, key earnings ahead

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Oct 25, 2022 3:32


European bourses are on the backfoot despite a firmer open as participants digest numerous heavyweight earnings and the latest Ifo ahead of key US printsUS futures in-fitting directionally ahead of numerous key releases, including Alphabet & MicrosoftDXY remains in proximity to 112.00, though off best, as Cable reclaims 1.13 while EUR shrugs off the IfoYuan saw pronounced action amid the weakest fix since 2008 and the regulator reportedly surveying banksDebt has resumed its recovery rally with Bunds unphased by a weak 5yr while USTs await a 2yr outingLooking ahead, highlights include US Richmond Fed. Supply from the US. Earnings from Alphabet, Microsoft, Centene, UPS, ADM, Raytheon, 3M, Visa, and more.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Gilts & GBP pressured as the BoE pushed back on the FT's QT delay report

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Oct 18, 2022 3:28


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

Ransquawk Rundown, Daily Podcast
US Market Open: European bourses kicked the week off on the backfoot but have since trimmed losses; DXY extends on gains

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Oct 10, 2022 3:39


European bourses kicked the week off on the backfoot but have since trimmed losses; US equity futures are mostly softer but off lows.DXY extends on Friday's gains with the index back above the 113.00 mark, AUD lags and USD/CNH topped 7.1500.Bunds and US Treasuries are off best levels amidst hawkish ECB rhetoric and an upturn in overall risk sentiment whilst Gilts are still deeply underwater.Explosions were reported across several Ukrainian cities on Monday morning including Kyiv, Lviv, Dnipro and Ternopil.Looking ahead, highlights include speeches from Fed's Evans & Brainard, ECB's Lane, US Columbus Day with CME floor trade closed but will be a regular session elsewhere.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Cable revived above 1.12 and core debt bolstered; US PCE Price Index/Fed speak ahead

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Sep 30, 2022 3:02


European equities are attempting to claw back some of yesterday's downside on quarter and month end; US futures similarly bidGBP's revival has continued ahead of a meeting between PM Truss and the OBR, with a statement expectedA move that has taken Cable above 1.12 but shy of mini-Budget levels; DXY sub-112.00 at worst, though still firmer overall.Debt Benchmarks bid but modestly off best levels with Bunds leading the charge, but well within recent ranges, amid potential month/quarter-end influence.EZ assets largely unreactive to HICP Flash YY hitting a record high 10.0% for SeptemberCommodities broadly benefiting from the relative USD move, participants attentive to the EU Energy Meeting & Russian President PutinLooking ahead, highlights include US PCE Price Index, Russian President Putin, Moody's on Italy, Speeches from Fed's Williams & Brainard, ECB's Elderson & Schnabel, EU Energy Meeting & Russian President PutinRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: European bourses trade with a directionless bias on ECB day; US equity futures are portraying a similar tentativeness

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Sep 8, 2022 3:00


European bourses trade with a directionless bias on ECB day; US equity futures are portraying a similar tentativeness.DXY pulled back further from Wednesday's new multi-year peak before finding support just under 109.500; JPY pared more losses.Bunds and Gilts sit far from best levels; US Treasuries are treading water albeit also off overnight peaks US President Biden delayed the decision on Trump-era tariffs on China; China Health Authority encourages people to stay put during China National Day holidays (Oct 1st-7th).Looking ahead, highlights include US IJC, ECB Announcement, Speeches from ECB's Lagarde, Fed's Powell, Evans, Kashkari & BoC's RogersRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: USTs steady and DXY back towards 109.00 pre-NFP

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Sep 2, 2022 2:17


European bourses are firmer across the board as hawkish yield action in the EZ has eased from yesterday's recent peaks, Euro Stoxx 50 +0.8%.Stateside, futures are contained and flat with all focus on the NFP report.DXY continues to pullback from its approach of 110.00, now around 109.10 to the benefit of peers ex-JPYComparably contained session overall thus far though Bunds are holding at the lower end of a 85 tick range in limited newsflow pre-NFP; USTs Unch.WTI Oct and Brent Nov futures are firmer on the day amid a softer Dollar and narrowing prospects of an imminent Iranian Nuclear deal.Looking ahead, highlights include US NFP & Factory Orders.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Contained trade overall with updates limited pre-Powell at Jackson Hole

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Aug 26, 2022 3:04


European bourses are currently contained, Euro Stoxx 50 -0.2%, as initial price action eased with catalyst thin pre-PowellStateside, futures are under modest pressure, ES -0.4%, and the NQ -0.6% lags slightly given modest yield upsideDXY fades initial gains with EUR marginally back above parity and peers generally contained though NZD & JPY lagDespite fairly pronounced ranges, around 100 ticks in Bunds, the general tone is tentative with benchmarks within WTD parametersCrude benchmarks consolidate; UAE reportedly, via Reuters, supportive of the Saudi crude statementLooking ahead, highlights include US PCE Price Index, Personal Consumption/Income, Jackson Hole, Speech from Fed Chair Powell (15:00BST/10:00ET)Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Pronounced PMI-driven price action in EGBs, DXY tested 109.29 YTD peak before easing

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Aug 23, 2022 3:22


European bourses have reversed initial pressure following EZ Flash PMIs, Euro Stoxx 50 +0.2%, which were mostly mixed though noted of less intense price pressures.Stateside, futures are firmer, ES +0.2%, and have been in-fitting with European peers throughout the morning awaiting their own Flash PMI metrics.DXY reversed earlier gains after coming close to the YTD peak at 109.29 before pulling back; EUR/USD tested 0.99 before rebounding.Pronounced two-way action on the French and German Flash PMI metrics, resulting in a ~200 tick range for Bunds thus far.Crude benchmarks have edged higher while metals are mixed/choppy amid USD price action.Iran has reportedly dropped some key nuclear deal demands, though gaps remain, via Reuters citing a US officialLooking ahead, highlights include US Flash PMIs, EZ Consumer Confidence Flash, US New Home Sales, Fed Discount Rate Minutes, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
Euro Market Open: Mixed performance with broad performance rangebound as 100bp bets unwound

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jul 15, 2022 4:02


APAC stocks traded mixed after the 100bps Fed rate hike bets unwound; Chinese Q2 GDP missed forecasts but June Retail Sales beat estimatesDXY was rangebound, EUR/USD was slightly firmer, USD/JPY took a breather from yesterday's rally, and AUD/USD was softer after the Chinese growth data10yr USTs eked modest gains, Bunds remained elevated, and 10yr JGBs traded flatCrude futures were choppy, Spot gold lacked firm direction, and copper declined after the Chinese GDPFed's Waller (voter) said markets got “ahead of themselves” with a 100bps pricing; Bullard (2022 voter) said he still supports a 75bps July moveLooking ahead, highlights include US NY Fed Manufacturing, Retail Sales, IP & Uni. of Michigan (Prelim.), Speech from Fed's Bostic & ECB's Rehn, Earnings from UNH, Blackrock, Citi & Wells FargoClick here for the Week Ahead previewRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
Euro Market Open: Cautious APAC gains with DXY retaining 108.00 and USD/JPY surpassing 138.00

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jul 14, 2022 4:50


APAC stocks mostly traded with cautious gains, Nikkei 225 outperformed, and US equity futures were rangebound overnightDXY remained above the 108.00 level and closer to 108.50, EUR/USD weakened, and USD/JPY extended above 138.0010yr USTs declined after the post-CPI fluctuations, Bunds continued to retreat, and 10yr JGBs were marginally lowerCrude futures remained choppy, spot gold was kept rangebound, and copper traded sidewaysLooking ahead, highlights include Swedish CPIF, US IJC, Speech from Fed's Waller, Earnings from JPMorgan, Morgan Stanley & Charles SchwabClick here for the Week Ahead previewRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
Euro Market Open: Incrementally positive APAC trade, RBNZ hiked 50bp; US CPI ahead

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jul 13, 2022 4:34


APAC stocks were mostly positive as the region shrugged off the weak lead from Wall St; US equity futures eked marginal gains overnightDXY lacked firm direction after the prior day's choppy price action, EUR/USD was contained, and USD/JPY saw a rebound10yr USTs marginally weakened, Bunds were lower, and 10yr JGBs traded sidewaysCrude futures were choppy, spot gold was rangebound, and copper was indecisiveRBNZ hiked the OCR by 50bps to 2.50% and the BoK raised its Base Rate by 50bps to 2.25%, both as expectedLooking ahead, highlights include UK GDP, EZ Industrial Production, US CPI, BoC Policy Announcement, IEA OMR, Speeches from BoC's Macklem & Rogers, Supply from Italy, Germany & USRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
Euro Market Open: Pressure continued into APAC trade, DXY to 108.50 and EUR/USD to near parity

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jul 12, 2022 4:21


APAC stocks were mostly negative after the weak performance across global counterparts; US equity futures extended on losses overnightDXY remained firm above 108.00 for around its best levels in around two decades; EUR/USD almost hit parity10yr USTs were underpinned, Bunds held on to the prior day's firm gains, and 10yr JGBs benefitted from haven demandCrude futures were pressured by a firmer dollar, the negative risk tone, and China's COVID woes; copper weakened overnightWhite House Press Secretary Jean-Pierre said the US CPI data is expected to be "highly elevated”, citing gas pricesLooking ahead, highlights include German ZEW, OPEC MOMR, Speeches from Fed's Barkin, BoE's Bailey & Cunliffe, US, UK & German SupplyClick here for the Week Ahead previewRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Choppy action with fresh fundamentals limited amid rampant USD upside

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jul 8, 2022 2:45


European bourses have been choppy throughout the session, moving between modest gains and losses despite a lack of fresh fundamental driversDXY continues to climb printing 107.79 at best, to the detriment of peers & commodities; before backing off modestlyUSTs are steady pre-NFP while Bunds have been somewhat choppy, but generally relatively containedFresh fundamentals have been limited for commodities, and focused on familiar themes, downside in wake of mentioned USD upsideFormer Japanese PM Abe has died following the earlier shooting during a speech in Nara, via NHK.Looking ahead, highlights include US & Canadian Labour Market Reports, Speeches from ECB's Lagarde & Fed's WilliamsRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
Euro Market Open: Tuesday's pressure continued into APAC despite the NDX's recovery, DXY rangebound

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jul 6, 2022 3:57


APAC stocks were mostly negative with risk appetite sapped by headwinds from the global growth concernsDXY was rangebound and took a breather from the prior day's outperformance, EUR/USD remained lacklustre, and USD/JPY retreated10yr USTs mildly pulled back but held on to most of the prior day's gains and Bunds stalled overnight but with the downside limitedCrude futures nursed some of the prior day's near-record slump; WTI traded on both sides of USD 100/bbl overnightUK Chancellor Sunak and UK Health Minister Javid announced their resignations; UK PM Johnson reportedly plans to stay onLooking ahead, highlights include EZ Retail Sales, US ISM Services PMI, Speeches from Fed's Williams & BoE's Pill, Supply from GermanyRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: NDX-led upside reverberates into Europe, DXY forges fresh highs

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jul 6, 2022 3:00


European bourses are firmer across the board, Euro Stoxx 50 +1.3%, continuing to take impetus from the NDX-led rebound in US hoursStateside, futures are mixed/flat at present, but like their European peers have been choppy in overnight ranges awaiting data and Fed speakDXY continues to lift, at 106.80 highs to the detriment of peers across the board ex-JPY on technical factorsIn-fitting with the above, core debt is choppy but maintains underlying upward momentum; however, Bunds were dented post-supplyCrude benchmarks are firmer and have been moving with the equity space after yesterday's significant crude selloff; however, the 'recovery' is limited with WTI pivoting USD 100/bblLooking ahead, highlights include US ISM Services PMI, FOMC Minutes, a Speech from Fed's WilliamsRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Frauen von damals
Kurs aufs Stimmrecht! Die (bürgerliche) Frauenbewegung 1900 - 1919

Frauen von damals

Play Episode Listen Later Jul 1, 2022 58:57


Im zweiten Teil unseres Streifzugs durch die deutsche Frauenbewegung widmen wir uns dem Zeitraum von 1900 bis zur Wahl zur Nationalversammlung am 19.1.1919 - der ersten reichsweiten Wahl, an der auch Frauen teilnahmen. Wir sprechen über die Ausdifferenzierung der politischen Landschaft in der Frauenbewegung, das Aufkommen der Stimmrechtsbewegung, den Internationalen Frauentag und die Frauenbewegung im Krieg. Dabei konzentrieren wir uns auf die sogenannte "Heimatfront", nachdem die pazifistische Frauenbewegung bereits ihre eigene Folge bekommen hat. Und schließlich quartieren wir uns bei der Frauenrechtlerin Anna Pappritz und ihren Freundinnen zur Wahlparty ein. Die Links und Empfehlungen zur Folge: Podcast "Frau Abgeordnete" von Laura Baumgarten - Folgen über Pauline Staegemann/Elfriede Ryneck, Luise Zietz und Louise Schroeder Podcast "Frauenleben" von Petra Hucke und Susanne Popp - Folge über Helene Stöcker Dossier von Kerstin Wolff über den Internationalen Frauentag. Twitter-Thread von @frauabgeordnete über den Internationalen Frauentag, Instagram-Beitrag über Paula Mueller. Erwähnte Literatur: Hedwig Richter/Kerstin Wolff (Hg.): Frauenwahlrecht. Die Demokratisierung der Demokratie in Deutschland und Europa. Hamburg 2017. Kerstin Wolff/Reinhold Lütgemeier-Davin (Hg.) Helene Stöcker – Lebenserinnerungen. Wien u. a. 2015. Sabine Hering: Die Kriegsgewinnlerinnen. Praxis und Ideologie der deutschen Frauenbewegung im Ersten Weltkrieg, Pfaffenweiler 1990. Zum Weiterlesen: Angelika Schaser: Frauenbewegung in Deutschland 1848-1933, Darmstadt 2006. Anne-Laure Briatte-Peters: Bevormundete Staatsbürgerinnen: Die »radikale« Frauenbewegung im Deutschen Kaiserreich, München 2020. Grundlage des Beitragsbilds: "Zeitschrift für Frauenstimmrecht" Nr. 1/2 1918, Fotograf: Horst Ziegenfusz/Historisches Museum Frankfurt, Bestand Archiv der deutschen Frauenbewegung, CC BY SA 4.0; "Centralblatt des Bunds deutscher Frauenvereine", 15.6.1900, eigenes Foto, Bestand Bayerische Staatsbibliothek München, CC BY Sa 4.0. Bilder von Anita Augspurg (li.) und Helene Lange (re.): Hof-Atelier Elvira, Fotografin vermutlich Sophia Goudstikker, via Wikimedia Commons Bild von Minna Cauer (mi.): Unbek. Fotograf:in, Illustrirte Zeitung (1912), vial Wikimedia Commons. Die kompletten Shownotes findet ihr hier.

Ransquawk Rundown, Daily Podcast
Euro Market Open: APAC stocks were pressured amid headwinds from the US, DXY hovers around the 104.50 mark, Bunds retraced losses

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jun 29, 2022 4:00


APAC stocks were pressured amid headwinds from the US where disappointing Consumer Confidence data added to growth concerns (S&P 500 -2%)European equity futures are indicative of a softer open with Eurostoxx 50 -0.6% after the cash market closed higher by 0.3% yesterdayDXY hovers around the 104.50 mark, EUR/USD maintains 1.05 status and USD/JPY sits on a 136 handleTurkey dropped its opposition to Sweden and Finland's NATO bidLooking ahead, highlights include EZ Sentiment Survey, German CPI Prelim, US GDP Final, OPEC Meeting, Speeches from Fed's Powell, Mester & Bullard, ECB's Lagarde, de Guindos & Schnabel, BoE's Bailey & MPC-elect DhingraRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Post-PMI risk-off has abated somewhat, Powell Day 2 ahead

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jun 23, 2022 2:51


European bourses are pressured overall, but well off lows going into the US session, Euro Stoxx 50 -0.2%Broad pressure was seen post-PMIs which missed expectations and featured pessimistic internal commentary; hitting EUR and lifting EGBsEUR impaired by the PMIs which lifted the DXY to a 104.78 peak and pressured peers in turn, though JPY outperforms on riskFixed firmer on the data with Bunds and OATs leading the way and peers lifted in sympathyCrude complex remains pressured with specific newsflow limited and focused on known themes; note, the EIA release has been delayedLooking ahead, highlights include US Flash PMIs, US IJC, Policy Announcements CBRT & Banxico, US Bank Stress Test Results, Fed's Chair Powell Speaks at the House Finance Committee.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Sentiment subdued with commodities curtailed ahead of Powell & Biden

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jun 22, 2022 2:54


European bourses are subdued, Euro Stoxx 50 -1.9%, as Tuesday's positivity waned in the APAC session as commodities slippedStateside, futures are in-fitting with the above action, ES -1.4%, where participants are awaiting the first session of testimony from Chair PowellDXY bid but mid-range pre-Powell with peers conforming to the tone as JPY & CHF benefit while activity currencies slipCommodities are, broadly speaking, curtailed though gold is cushioned given its haven-status; Biden is due to speak on fuel prices laterBonds bounce on broader risk sentiment though Bunds fade somewhat post issuanceLooking ahead, highlights include Canadian CPI & EZ Consumer Confidence (Flash), Speeches from Fed's Powell, Barkin, Evans & Harker, BoC's Rogers, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Relatively contained/choppy trade thus far with the ECB ahead

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Jun 9, 2022 2:16


Equities are, overall, struggling for clear direction in relatively cautious trade going into ECB; Euro Stoxx 50 -0.5%Bourses, and US futures, were lifted amid further constructive China tech developments, this time for Ant; albeit, we have drifted modestly off best since, ES +0.3%DXY remains in proximity to 152.00 and within yesterday's parameters amid JPY and Yuan upside while EUR lies between sizeable OpExCore debt is choppy but Bunds have steadied near U/C alongside USTs pre-ECB and long-bond supply respectivelyWTI and Brent are steady after giving up overnight gains with participants cautious and cognizant of China's fluid COVID situation; amid fresh restrictions being announcedLooking ahead, highlights include US IJC, ECB Policy Announcement/Press Conference, and Supply from US (30yr)Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Equities succumb to the cautious sentiment while debt dips on hot EZ CPI; Powell/Biden ahead

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later May 31, 2022 3:35


European bourses are mixed, Euro Stoxx 50 -0.8%, with sentiment cautious after a mixed APAC handover and in wake of hot EZ CPI before Powell's meeting with Biden.Stateside, futures are pressured succumbing to the broader risk moves after initial cautious/contained trade.EZ Flash CPI for May surpassed expectations printing at 8.1% YY, denting Bunds and dragging peers lower in sympathy; yields extending and steepeningDXY at the top-end of sessions range with antipodeans caught between mixed data while Yuan lifts post-PMIsCrude benchmarks are bid after the EU agreed to a watered-down Russian sanctions package; Council meeting is ongoing, set to conclude todayLooking ahead, highlights include US Consumer Confidence; Fed's Powell meeting US President Biden, SNB's Zurbruegg.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Contained/choppy equity trade while GBP leads and Gilts lag ahead of Sunak

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later May 26, 2022 3:32


European bourses are firmer across the board, Euro Stoxx 50 +0.7%, but remain within initial ranges in what has been a relatively contained sessionUS futures are relatively contained, ES +0.2%, with newsflow thin and on familiar themes following yesterday's minutes and before PCE on FridayJPY and GBP outperform after/ahead of BoJ Kuroda and Sunak's cost of living announcement respectively, DXY sub-102.00 as suchCore debt's early bid, which saw Bunds breach touted technicals, has fizzled out as Gilts dropped on details around Sunak's updateCrude benchmarks reside at the top-end of relatively narrow parameters with newsflow slim and focused on familiar themesLooking ahead, highlights include US GDP (2nd), US IJC, Canadian Retail Sales, CBRT, Fed's Brainard Speech, Supply from the US, Earnings from Alibaba & Baidu. Brent Jul'22 Options Expiry.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Contained/choppy equity trade while GBP leads and Gilts lag ahead of Sunak

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later May 26, 2022 3:32


European bourses are firmer across the board, Euro Stoxx 50 +0.7%, but remain within initial ranges in what has been a relatively contained sessionUS futures are relatively contained, ES +0.2%, with newsflow thin and on familiar themes following yesterday's minutes and before PCE on FridayJPY and GBP outperform after/ahead of BoJ Kuroda and Sunak's cost of living announcement respectively, DXY sub-102.00 as suchCore debt's early bid, which saw Bunds breach touted technicals, has fizzled out as Gilts dropped on details around Sunak's updateCrude benchmarks reside at the top-end of relatively narrow parameters with newsflow slim and focused on familiar themesLooking ahead, highlights include US GDP (2nd), US IJC, Canadian Retail Sales, CBRT, Fed's Brainard Speech, Supply from the US, Earnings from Alibaba & Baidu. Brent Jul'22 Options Expiry.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Risk-off continues with equities downbeat and havens bid in limited new newsflow

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later May 19, 2022 2:39


European bourses are pressured across the board in a broader risk-off move after yesterday's Wall St. sell-offEurope not supported by the brief APAC respite on Shanghai's reopening updates, Euro Stoxx 50 -2.3%; ES -1.2%DXY is pressured as havens and antipodeans are bid on risk and fiscal/fundamental factors respectivelyDebt resumes its haven rally, with Bunds eclipsing 154.00 and USTs near 120.00Crude curtailed on this price action, but, off worst amid reports that China is considering buying Russian crudeLooking ahead, highlights include US IJC, Philadelphia Fed, New Zealand Trade Balance, ECB Minutes, SARB Policy Announcement, Speeches from Fed's Kashkari & ECB's de Guindos.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Bourses are rangebound, GBP hit and Gilts lifted on CPI; Fed's Harker due

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later May 18, 2022 2:50


European bourses are rangebound and relatively directionless, Euro Stoxx 50 U/C, taking impetus from a mixed APAC session which failed to sustain US upside.DXY supported, but off best, as GBP slips on marginally sub-forecast CPI while EUR fails to derive support from ECB officials repeating summer guidanceGilts the noted outperformer post-CPI, lifting Bunds and USTs with them initially, though the latter two have failed to sustain such impetusCrude benchmarks are modestly firmer after a lower settlement, with focus on the narrowing spread; while gold is bid but capped by USDUS assessed that North Korea could be preparing to conduct an ICBM test within the next few days as US President Biden travels to Asia, according to CNNLooking ahead, highlights include US Building Permits/Housing Starts, Canadian CPI, Speech from Fed's Harker, Supply from the US, and Earnings from Cisco.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Risk-on remains; EUR lifted and debt dented by ECB's Knot, while GBP outperforms

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later May 17, 2022 3:36


European bourses are firmer across the board, Euro Stoxx 50 +1.7%, taking impetus from and extending on a positive APAC handover as the region's COVID situation improvesUS futures posting similar performance, ES +1.8%, ahead of Retail Sales and multiple Fed speakers including PowellEUR lifted and Bunds dented in wake of ECB's hawk-Knot mentioning a 50bp move should not be excluded if data warrants itA remark which lifted EUR/USD above 1.05, sent DXY to fresh session lows and the Bund below 153.00; USTs drifting in sympathyGBP remains the standout FX performer post labour data, though, participants await Truss' Brexit announcement to the Commons shortlyWTI and Brent are firmer in-fitting with broader risk appetite and the aforementioned China COVID improvement; posting gains of circa USD 0.60/bblLooking ahead, highlights include US Retail Sales, Industrial Production & Business Inventories, Speakers from Fed's Powell, Bullard, Harker, Mester, Evans, Kashkari & ECB's LagardeRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: DXY steadies post-FOMC while USTs pullback and Gilts derive upside pre-BoE

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later May 5, 2022 3:32


European bourses are firmer across the board, Euro Stoxx 50 +1.3%, benefitting from the perceived less-hawkish Fed and associated Wall St./APAC performance.Stateside, futures are softer across the board though the likes of the ES remain in relative proximity to overnight best levels, ES -0.5%.DXY finds its feet post-FOMC, to the detriment of G10 peers incl. GBP lagging pre-BoE.Core debt has been choppy though Bunds and Gilts have resumed an upward trend while USTs are modestly flatter.WTI and Brent have been pivoting relatively narrow ranges ahead of today's JMMC/OPEC+ gatherings, currently posting gains of USD 0.30/bbl.Looking ahead, highlights include OPEC+ (12:30BST/07:30ET), BoE Policy Announcement.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Continued pickup in broad equity performance as yields recede & DXY slips; NFLX -26%

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Apr 20, 2022 3:18


European bourses and US futures were choppy at the commencement of the European session, but, have since derived impetus in relatively quiet newsflow amid multiple earnings and as yields continue to ease; ES Unch.NFLX lower by 26% in the pre-market as subscriber numbers fall; TSLA due after the closeDXY continues to slip amid receding yields and a recovery in the JPY as the BoJ ramps up intervention to anchor 10yr yieldsCore debt is experiencing a resurgence from recent sessions of pressure with Bunds eclipsing yesterday's peak, aided further by well-received issuanceWTI and Brent reside at the top-end of USD 2/bbl parameters; focus very much on China-COVID, Iran, Libyan supply and Ukraine-Russia developmentsRussia has lost its confidence in the Ukrainian negotiators, according to the Russian Foreign Ministry while Ukraine announces a Mariupol corridor has been agreedLooking ahead, highlights include Canadian CPI, US Existing Home Sales, French Election TV Debate, Speeches from Fed's Daly & Evans and ECB's Nagel & Rehn Supply from the US, Earnings from Tesla, Abbott, Procter & Gamble and United Airlines.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Equities are negative across the board as yields climb while USD/JPY soars

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Apr 19, 2022 3:08


European bourses and futures are negative across the board, ES -0.3%, as initial contained trade gave way under further yield advances, NQ -0.4% lags as suchDXY remains above 100.00 but has swung between gains & losses as peers, ex-JPY, saw a shortlived pickup across the boardUSD/JPY has continued to climb taking out multiple barriers and disregarding commentary from officials, peaking just shy of 128.50Fixed income is significantly hampered with yields gapping higher and nearing 1.0%, 2.0% and 3.0% for Bunds, Gilts and USTs respectivelyWTI and Brent are pressured, moving with broader price action, though currently reside just off session lowsRussian Foreign Minister Lavrov said that another stage of their operations has now commencedLooking ahead, highlights include US Building Permits & Housing Starts, IMF World Economic Outlook, Speech from Fed's Evans. Earnings from L'Oreal, Halliburton, Johnson & Johnson, Netflix & IBM.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: Equities drift with NQ lagging & yields advance further pre-FOMC Minutes

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Apr 6, 2022 3:44


Equity bourses/futures have come under further pressure after a tepid APAC handover, as the NQ underperforms amid renewed yield advances pre-FOMC MinutesHowever, while ES has lost the 4500 mark it is yet to test/breach the 200-DMA at 4484Geopolitical updates have been thin and primarily focused around Russian sanctionsAlbeit, such updates have been sufficient to provide WTI and Brent with an underlying bidDXY has taken some respite after recent gains while yields continue to climb and Bunds approach cycle lowsLooking ahead, highlights include FOMC Minutes & ECB's LaneAs of 11:15BST/06:15ETLOOKING AHEADFOMC Minutes, ECB's Lane, Fed's HarkerClick here for the Week Ahead preview.GEOPOLITICSRUSSIA-UKRAINENEGOTIATIONS/TALKSUkraine Deputy PM says 11 humanitarian corridors agreed for Wednesday, but people trying to leave Mariupol must use own vehicles.Russian Kremlin says that work is continuing when questioned on when the next round of peace discussions with Ukraine would take place; progress not as fact as they would like.DEFENCE/MILITARYThe US will send an additional USD 100mln in Javelin anti-tank missiles to Ukraine, according to NBC sources. The amount was confirmed by Secretary of State Blinken.Military sources cited by The Times suggested the UK plans to develop its own hypersonic missile, the plan would be accelerated by the AUKUS pact.ENERGY/ECONOMIC SANCTIONS & UPDATESWhite House said sanctions expected to be announced on Wednesday related to Russia; aim is to make Russia choose between default and drain remaining Dollar reserves, according to Reuters.Russia's Sberbank is among banks being considered for tightened sanctions by US President Biden's administration, according to Reuters.Russia Deputy Chair of Security Council Medvedev says Moscow will fight Western attempts to expropriate Russian property overseas with lawsuits; will wage legal war in US, Europe, and international courts.Head of Ukraine gas transit operator says three main gas pipelines have suffered damage during the war, and two gas distribution stations have been destroyed, via Reuters.German Finance Minister Lindner says an immediate withdrawal from Russian oil and gas is not possible, via Reuters.Hungarian Foreign Minister Szijjarto says they are preparing to pay for Russian gas using RUB.OTHERChina's UN Envoy, in response to US/UK/Aus hypersonic weapons deal, warned against "things which may lead other parts of world into crisis" like Ukraine, via Reuters.EU's Foreign Affairs Chief Borrell said last week's EU-China summit was a "dialogue of the deaf", according to SCMP.EUROPEAN TRADEEQUITIESEuropean bourses deteriorated further from a tepid cash open, in-fitting with the Wall St./APAC handover, Euro Stoxx 50 -1.6%Such downside was exacerbated by weak Construction PMIs and as yields continue to make further advances ahead of ECB's Lane & FOMC MinutesAs such, the NQ -1.0% is the morning's laggard, though price action thus far has seen the ES give-up 4500 ahead of the 200-DMA at 4484.Click here for more detail.FXDollar fades fast following rapid rise to fresh 2022 high post-hawkish Fed Brainard and pre-FOMC minutes - DXY reaches 99.759 before retreat to sub 99.500.Swedish Krona outperforms after latest comments from Riksbank member Floden upping the ante for a near term repo rise, EUR/SEK capped below 10.3000.Franc lags as yield and policy divergence weigh and EUR/CHF cross rebounds in a fashion that suggests official intervention, USD/CHF tests 0.9350 and EUR/CHF close to 1.0200 vs sub-1.0150 at one stage.Euro and Pound take advantage of Buck pull back and some chart support to recoup losses, EUR/USD and Cable back on 1.0900 and 1.3100 handles after dip through 1.0895 Fib and 1.3050.Yen reverses more repatriation gains as BoJ maintains YCC, USD/JPY hovering beneath 124.05 peak.Click here for more detail.FIXED INCOMEUS Treasuries extend post-Brainard collapse with little let-up ahead of FOMC minutes as the 10 year T-note sits just off a 120-07+ low and yield tops 2.6%.EU bonds slide in catch-up trade with Bunds closing in on cycle lows below 157.00 and Gilts retesting bids into 120.00.EZ periphery debt continues to underperform amidst syndications and French Presidential election jitters, with Italian BTPs near 135.00 and OATs close to 148.50.Italy sold EUR 2.1bln in three BTP bonds that were sold to bond specialists.Click here for more detail.COMMODITIESWTI and Brent are firmer, shrugging off the tepid tone and benefitting from geopolitical premia. amid ongoing sanction announcements/discussionsHowever, the benchmarks are once again in relatively thin ranges of circa. USD 3.00/bbl at present.US Private Energy Inventory Data (bbls): Crude +1.08mln (exp. -2.1mln), Cushing +1.791mln, Gasoline -0.543mln (exp. +0.1mln), Distillate +0.593mln (exp. -0.8mln).Gas flows via Yamal-Europe pipeline resume eastward, according to Gascade data, according to Reuters; however, subsequently reported that such flows have stopped.Spot gold/silver are modestly firmer, benefitting from the general risk tone and as the USD takes a breather from recent advances.Click here for more detail.CENTRAL BANKSECB's Wunsch said the inflation target is essentially met and expects the deposit rate to be raised to zero by year end. He said the ECB's rate could rise to 1.5-2% in the longer term, but caveat that even within the ECB there has been no discussion about raising interest rates, according to Reuters.ECB's Panetta says they would not hesitate to tighten policy if supply shocks fed into domestic inflation, not seeking any de-anchoring of inflation expectations. Asking the ECB to bring down high inflation in the near-term would be extremely costly.RBA's Deputy Governor Bullock notes Australian labour market is tight, was seeing some response in wages, with unemployment at 4.0%. Expects some revision upward in inflation forecasts; are now seeing more underlying inflation pressures.Riksbank's Floden says inflation will be much higher in the coming year than predicted in February. We must raise the policy rate much earlier than previously planned. Evident we must reassess and substantial adj. monetary policy plans.DATA RECAPGerman Industrial Orders MM (Feb) -2.2% vs. Exp. -0.2% (Prev. 1.8%, Rev. 2.3%)EU S&P Global Construction PMI (Mar) 52.8 (Prev. 56.3); German S&P Global Construction PMI (Mar) 50.9 (Prev. 54.9)French S&P Global Construction PMI (Mar) 48.4 (Prev. 50); Italian S&P Global Construction PMI (Mar) 62.9 (Prev. 68.5)NOTABLE US HEADLINESCRYPTOCrypto markets experienced sudden selling pressure overnight with Bitcoin losing USD 45k, a level it has acquired a foothold on during the European session.APAC TRADEEQUITIESAPAC stocks traded lower across the board following the losses on Wall Street; Mainland China returned from its long-weekend.ASX 200 conformed to the downbeat tone which isn't helped by the RBA's hawkish hold yesterdayNikkei 225 saw most of its construction and machinery-related names with losses.KOSPI was pressured by its large tech exposure.Hang Seng was also weighed on by its tech exposure as yields continued to rise overnight.Shanghai Comp returned for the first time this week following its domestic holiday and saw less pronounced losses, with the Real Estate sector feeling relief from reports that over 60 Chinese cities ease policies on housing purchases to support the market.NOTABLE APAC HEADLINESChina's Shanghai City says it will remain in lockdown until city-wide mass COVID testing (due to start Apr 6) is complete; results will be used to assess whether an extension to the lockdown is needed.China's Shanghai city reports 16,766 new asymptomatic COVID cases for April 4th (vs 13,086 for April 4th).Over 60 Chinese cities ease policies on housing purchases to support market, according to Global Times.PBoC set USD/CNY mid-point at 6.3799 vs exp. 6.3793 (prev. 6.3509 on Friday).PBoC injected CNY 10bln via 7-day reverse repos with the rate at 2.10% for a CNY 440bln net drainDATA RECAPChinese Caixin Services PMI (Mar) 42 (Exp. 49.7, Prev. 50.2); Composite 43.9 (Prev. 50.1).Click here for the US Early Morning note.US Democratic Senator Sinema has told donors a path to revival for Build Back Better is unlikely, according to Axios.JetBlue (JBLU) reportedly bids USD 3.6bln or USD 33/shr to acquire Spirit Airlines (SAVE), according to NYT.