Podcasts about gilts

The EU set to focus on critical sectors in a bid to avoid US tariffs, according to Bloomberg sources.Stocks in the green and generally at session highs; NQ +1.7%.USD attempts to atone for recent losses, JPY weighed on by a pullback in domestic yields.Bonds bid and yields slump on MOF sources, Gilts outperform on this & reports that the UK will be shifting to shorter-term borrowing in order to lower its interest bill.Crude uneventful ahead of OPEC+ whilst precious and base metals slip.Looking ahead, US Durable Goods & Consumer Confidence, NBH Policy Announcement, Supply from the US, Earnings from AutoZone.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US House Speaker Johnson said a Thursday tax bill floor vote is still realistic.China's Commerce Ministry said US measures on China's advanced chips are typical of unilateral bullying and protectionism.Europe opened mostly lower but now trade mixed, US equity futures are in the red.USD remains out of love, GBP digests hot CPI data, EUR/USD back above 1.13.Bearish bias in play, Gilts lag after hot CPI, USTs await fiscal updates.Energy and gold boosted by reports Israel is preparing a possible strike on Iranian nuclear facilities.Looking ahead, G7 Central Bank and Finance Ministers Meeting, Speakers including ECB's Lagarde, Lane, Nagel & Cipollone, Fed's Barkin & Bowman, Supply from the US, Earnings from Snowflake, Zoom, Target, TJX, VF Corp & Medtronic.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Moody's lowered the US's sovereign rating from AAA to Aa1; Outlook Revised to Stable from Negative and warned of rising government debt and a widening budget deficit.US Treasury Secretary Bessent said countries will get a letter with a US tariff rate if they are not negotiating in good faith and he thinks that rate would be the April 2nd level.The House Budget Committee approved President Trump's tax cut bill to set up a possible vote as soon as this week.European bourses lower and US equity futures slip in an initial reaction to the latest Moody's downgrade; ES -1.2%.USD shunned as Moody's downgrade spooks markets, GBP cheers UK-EU "reset" deal.Moody start for bonds after the US downgrade, Gilts lag on Brexit updates and into 30yr syndication.Downbeat trade across oil contracts but precious metals lifted; spot gold eyes USD 3,250/oz.Looking ahead, US Leading Index Change, EU-UK Talks, Speakers including Fed's Bostic, Williams, Logan & Kashkari. Holiday Closure in Canada.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

White House Executive Order said US will cut the minimum tariff on China shipments from 120% to 54%, and a minimum flat fee of USD 100 is to remain.European bourses are modestly firmer while US futures dip into the red. Focus this morning has been on Bloomberg reporting, which suggests China is to lift its ban on Boeing deliveries after the US-China tariff pause.DXY takes a breather to the benefit of other G10s; Antipodeans lead.EGBs and Gilts hit marginal new WTD lows, USTs await CPI & Trump.A subdued Dollar provides some modest strength for XAU/base metals.Looking ahead, US CPI, Speakers including BoE's Bailey & ECB's Rehn.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European stocks are firmer across the board, whilst US equity futures trade cautiously ahead of US-China talks on the weekend.USD recovery pauses for breath, JPY outperforms whilst the Kiwi lags a touch.Marked divergence as EGBs & Gilts react in full to trade updates. USTs await a barrage of Fed speak.Softer intraday Dollar keeps commodities afloat for now.Looking ahead, Canadian Jobs, Speakers including BoE's Pill, Fed's Barr, Kugler, Perli, Williams, Goolsbee & Waller.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Equities complex broadly positive in anticipation of US President Trump's deal announcement; NQ +1.3%.DXY back above 100, EUR/USD slips onto a 1.12 handle, GBP eyes UK-US trade deal and BoE.Gilts edge higher into the BoE and Trump's announcement, USTs & Bunds slip slightly.USD pickup weighs on gold whilst crude remains focused on geopolitical developments.Looking ahead, US Jobless Claims, Wholesale Sales & NY Fed SCE, BoE Policy Announcement, BoE DMP, BoE's Bailey & BoC's Macklem, Supply from the US. Earnings from Coinbase, Cloudflare, Draftkings, Affirm, Shopify, ConocoPhillips, Warner Bros Discovery.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

China's Ministry of Commerce confirmed US-China trade talks with Vice Premier He Lifeng to visit Switzerland from May 9th-12th and will visit France from May 12th-16th for economic and financial dialogue.PBoC Governor Pan announced to cut RRR by 50bps effective May 15th and to cut the policy interest rate by 10bps effective on May 8th with the 7-day reverse repo rate lowered to 1.40% and interest rates on Standing Lending Facility across all tenors lowered by 10bps. Pan stated that the policy rate cut will lead to a Loan Prime Rate cut of 10bps and the RRR cut will release about CNY 1tln in liquidity.European stocks mixed whilst US-Sino trade talks have been confirmed and as traders await the FOMC.USD stronger vs. peers as US-China meeting spurs trade hopes, JPY underperforms.Two way action for EGBs & Gilts but benchmarks ultimately firmer, aided by auctions. USTs more contained pre-FOMC.Crude firmer on China's monetary policy easing, US-China trade talks, and rising tensions between India and Pakistan.Looking ahead, Fed, NBP, CNB & BCB Policy Announcements, US Treasury Secretary Bessent, Fed Chair Powell's Presser, Supply from the US, Earnings from AppLovin, Carvana, Arm, DoorDash, AMC, Uber, Disney, Barrick Gold.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Sentiment in the equities complex hit after HKMA said it has been lowering its duration in US treasury holdings; the exchange fund has been diversifying into non-US assets; ES -0.7%, NQ -1%.Germany's CDU leader Merz fails to be elected as Chancellor, a decision which has sparked pressure in European bourses leading to underperformance in the DAX 40.USD on the backfoot, JPY leads the majors, EUR upside stalled in reaction to Merz updates.Bunds boosted on Merz, though the move has since pared, Gilts underperform.Crude and gold remain firm amid escalating geopolitics.Looking ahead, US International Trade, Canadian Exports/Imports, NZ HLFS Unemployment Rate, EIA STEO, Comments from BoE's Breeden, Supply from the US. Earnings from AMD, Supermicro, Rivian, Tempus AI, Celsius, Datadog, Constellation Energy, UniCredit, Intesa Sanpaolo & Ferrari.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

China is said to be conducting an assessment on US trade negotiations and urged the US to demonstrate sincerity for trade talks, while it urged the US to correct mistakes regarding tariffs and noted it is currently evaluating possible US trade talks.US Secretary of State Rubio said the Chinese want to meet and talk, while he added those talks will come up soon and there's a broader question about how much we should buy from China going forwardJapanese Finance Minister Kato said Japan's huge US Treasury holdings are among the tools it can wield in trade negotiations with the US but added that whether Japan wields that card is a different question.European bourses are entirely in the green as the region returns from holiday; US equity futures gain, AMZN -2% & AAPL -2.7% pre-market.USD's recovery pauses for breath as markets brace for NFP, AUD outperforms.Gilts outperform, EGBs largely unaffected by HICP, USTs digest trade updates & Kato's remarks into NFP.Crude is on the backfoot, whilst XAU and base metals benefit from the softer Dollar.Looking ahead, US NFP & Durable Goods, Earnings from Exxon Mobil, Chevron, Apollo, Brookfield.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses modestly lower; US futures attempt to pare back Monday's hefty losses.DXY flat, USD/JPY fails to sustain a move below 140, EUR/USD back on a 1.14 handle as USD bounces off lows.Modest UST & Bund divergence while Gilts lag and hit lows on BoE's Greene, who highlighted that wage growth remains "pretty high".Spot gold briefly tested USD 3,500/oz before waning; industrial commodities mostly firmer.Looking ahead, Canadian Producer Prices, US Richmond Fed Index, EZ Consumer Confidence. Speakers including ECB's Knot, de Guindos, BoE's Breeden, Fed's Jefferson, Harker, Kashkari, Kugler & Barkin, Supply from the US, Earnings from Tesla, Verizon, GE Aerospace, Lockheed Martin, Danaher & Elevance.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses gain as they react to Trump's 90-day tariff pause whilst US futures wane.USD is softer vs. most peers as markets digest Trump's tariff walk back.“Beautiful” trade for USTs, Gilts bid but fading, Bunds languish in the red.Crude remains subdued while base metals surge and gold holds onto gains.Looking ahead, US CPI, US Jobless Claims, Chinese M2 Money Supply, Speakers including, BoE's Breeden, Fed's Logan, Bowman, Schmid, Goolsbee & Harker, SNB's Tschudin & Moser, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European indices hold a negative bias, airliners on the backfoot with Heathrow closed; US futures are also lower.USD is broadly firmer vs. peers with macro newsflow on the light side, but ahead of Trump-Hegseth meeting at 15:00GMT.Gilts underperform on more unfavourable developments for Reeves, Bunds bid.TTF ignites on Sudzha damage, base metals dented by the risk tone.Looking ahead, Canadian Retail Sales, EZ Consumer Confidence, CBR Policy Announcement, DBRS Credit Review on France, Quad Witching, Speakers including Fed's Williams & Waller.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European risk tone deteriorates with US futures also slumping into the red, potentially driven by EU fiscal focus, post-FOMC pullback and attention returning to tariffs/trade.USD up vs. peers, Antipodeans lags, EUR slides and GBP eyes BoE.Bonds are bid post FOMC & as the tone deteriorates, Gilts lead on data & reports around the Spring Statement.Crude succumbs to the risk-off sentiment, with base metals also heading lower.Looking ahead, US Philly Fed Index, Jobless Claims, Japanese CPI, BoE & SARB Policy Announcements, Speakers including ECB's Lane, BoC's Macklem. Supply from the US, Earnings from Jabil, Micron, Nike, FedEx.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Stocks gain with sentiment lifted after a strong Chinese session overnight and after the recent market turmoil.USD mixed vs. peers, GBP soft post-GDP, JPY weighed on by Rengo data, which showed average wage hike less than demands.Gilts gap higher on soft growth data while JGBs lift on Rengo.Spot gold makes a fresh record high above USD 3,000/oz; crude oil and base metals benefit from the risk tone.Looking ahead, US UoM Survey, Trump executive orders, Fitch to review France; US Government Funding Expires.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses mostly firmer with clear outperformance in the DAX 40 after CDU/CSU wins the German election; US futures gain.EUR firmer post-German election, but off best levels, USD mixed vs. peers.Two-way action in Bunds as Merz secures the Chancellery but a blocking minority exists, Gilts await BoE speak.Crude flat, precious metals mixed, and base metals mostly lower amid tariff woes.Looking ahead, US National Activity Index, Speakers including BoE's Ramsden, Dhingra & BoC's Gravelle, Supply from the US, Earnings from Domino's Pizza, Him & Hers, Riot Platforms, Tempus AI, Cleveland Cliffs & Zoom.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Sentiment hit across markets after Ukrainian President Zelensky pushes back against US-Russian talks, with equities at fresh lows.USD a little firmer, NZD leads post-RBNZ, GBP contained after mixed inflation metrics.Crude firmer while aluminium spikes on EU's 16th sanctions package on Russia.Gilts lag after UK CPI, USTs await 20yr supply & FOMC Minutes, Bunds hit by hawkish ECB Schnabel comments.Looking ahead, highlights include FOMC Minutes (Jan), Comments from Fed's Jefferson, Supply from the US, Earnings from Etsy, Garmin, Wix.com, Analog, Carvana.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mixed with price action choppy; US futures gain a touch awaiting geopolitical updates as US and Russia begin Ukraine peace talks.USD is broadly firmer vs. peers, AUD bucks the trend after the RBA delivered a cautious cut.Gilts underperform on wage data though Bailey has pared some of this, EU joint issuance in focus.Crude and gold remain underpinned by geopolitics despite the firmer Dollar.Looking ahead, Canadian CPI, Japanese Exports/Imports, Speakers including ECB's Cipollone, Fed's Daly, Waller & Barr.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

A senior MP has backed calls to start automatically paying out hundreds of millions of pounds to young adults if they haven't claimed government-backed child trusts funds by the time they turn 21. Sir Geoffrey Clifton-Brown, who is also chair of parliament's Public Accounts Committee, says the move would help nearly half a million people born between 2002 and 2011 access one billion pounds of their own money that they don't even know about. The government says the idea would be complex and costly.There has been a lot of talk on the news about gilts and the bond market. We're joined by Russ Mould, the investment director of AJ Bell, to explain what a gilt is and whether you can buy one?There's less than three months left to boost your state pension by to filling old gaps in your National Insurance record. At the moment people who have not yet reached pension age and those already on the new state pension can fill gaps in their record back as far as 2006. From this April that window will be shut. What should you do, if you think you've got gaps to fill?And, the couple who boosted their income by more than a hundred pounds a week after listening to Money Box. Find out how they did it.Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Eimear Devlin and Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 18th January 2025)

European bourses grind higher, US futures modestly in the green.USD marginally firmer, JPY softer and GBP knocked lower by disappointing retail sales.JGBs lag slightly on further BoJ reports, Gilts gapped higher on Retail Sales.Mixed trade in the base metal complex but crude stays firm.Looking ahead, US Industrial Production, CBO Budget and Economic Outlook, Comments from ECB's Cipollone, Earnings from SLB, Fastenal, Truist, State Street & Citizens.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses opened on a strong footing and remain at highs, with Tech and Luxury among top performers; US futures mixed whilst NQ leads.USD mixed vs. peers, JPY leads as BoJ hike bets mount after reports noted that BoJ is said to see a good chance of a January rate hike barring a major market rout, following Trump's inauguration.Gilts gap lower despite soft GDP, USTs await data and Treasury Secretary nominee Bessent's confirmation hearing.Crude takes a breather while base metals cheer risk appetite.Looking ahead, US Jobless Claims, Philly Fed Index & Retail Sales, ECB Minutes, NBP Policy Announcement, Treasury Secretary nomination hearing for Scott Bessent, Comments from BoC's Gravelle, Supply from the US, Earnings from UnitedHealth, Bank of America, Morgan Stanley, USB, PNC.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Stocks hold modest gains, FTSE 100 outperforms post-CPI; US bank earnings due.DXY lower ahead of US CPI, GBP resilient in the wake of soft inflation metrics, JPY leads.Gilts inflated by CPI, JGBs dented by Ueda & USTs await CPI.Choppy trade in crude while precious metals tilt higher and base metals trade mixed.Looking ahead, US CPI, OPEC MOMR, Fed Beige Book, Speakers including BoE's Taylor, Fed's Barkin, Kashkari, Williams & Goolsbee. Earnings from JPMorgan, Goldman Sachs, BlackRock, Citi, Wells Fargo, Bank of New York Mellon.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Sean Farrington has the latest as borrowing costs climb and the pound falls further. Plus will homeowners in California be able to afford insurance after the latest wildfires?

Equities continue to slip in a continuation of the downside seen following the strong NFP report.DXY is stronger and briefly topped 110.00, GBP remains the underperformer.Fixed benchmarks weighed on in a continuation of the post-NFP trade, Gilts hit another incremental contract low.Crude surges on US-Russia oil sanctions, with some choppiness surrounding Gaza ceasefire talks.Looking ahead, US NY Fed SCE.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

► Get a free share! This show is sponsored by Trading 212! To get free fractional shares worth up to 100 EUR / GBP, you can open an account with Trading 212 through this link https://www.trading212.com/Jdsfj/FTSE. Terms apply. When investing, your capital is at risk and you may get back less than invested. Past performance doesn't guarantee future results. ► Get 15% OFF Finchat.io: Huge thanks to our sponsor, FinChat.io, the best investing toolkit we've discovered! Get 15% off your subscription with code below and unlock powerful tools to analyze stocks, discover hidden gems, and build income streams. Check them out at FinChat.io! https://finchat.io/playingftse/?lmref=iQl2VQ ► Episode Notes: What does a soup made of Irn Bru and gammon taste like? Find out on this week's PlayingFTSE Show! It's been a very mixed week in the stock market this week, with the FTSE 100 up but the S&P 500 down. But has which Steve has managed to stay ahead of both of them? The UK government has announced an investigation into the LISA to kick off 2025. But it's not yet clear what's going to change – the withdrawal costs, the house limit, or everything. Steve W has a LISA, Steve D does not. But what's the point of them when there are SIPP opportunities for UK investors with cash to invest for the long term?  Greggs has reported earnings this week and Steve W is confused. He didn't see this as a strong quarter with like-for-like sales weak from a company that's supposed to be resilient.  Everyone else seems to think otherwise, though. But they don't seem to be willing to buy the stock at the moment – so maybe it wasn't such a good report after all.  Christmas is now in the books and it's time to look at who did what on the retail front. Steve D's been looking at Tesco, Aldi, and Asda to see where people have been shopping.  The truth is, it's not really Asda. But Tesco looks like it continues to go from strength to strength, defending its market position well against the discounters.  B&M is another stock that fell sharply this week. But with a £151m special dividend and revenues continuing to grow, does a declining share price make any sense at all? Steve W thinks it does. A dividend cut and declining store performance doesn't paint a good picture, but the stock might be worth a look after losing another 11% of its market value. Who wants to buy bonds? Quite a few people, actually, but not enough to stop UK borrowing costs hitting their highest levels in over two decades.  Investors might be tempted to take a look at a very low-risk investment. But Steve and Steve are more interested in the implications for UK stocks… Only on this week's PlayingFTSE Podcast! ► Support the show: Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse (All proceeds reinvested into the show and not to coffee!) There are many ways to help support the show, liking, commenting and sharing our episodes with friends! You can also check out our clothing merch store: https://playingftse.teemill.com/ We get a small cut of anything you buy which will be reinvested back into the show... ► Timestamps: 0:00 INTRO & OUR WEEKS 6:50 LISA BEING REVIEWED 13:41 GREGGS 20:07 WHO WON XMAS 33:27 B&M EUROPEAN VALUE 44:52 GILTS - THE ACTUAL STORY ► Show Notes: What's been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that's accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy ► Wanna get in contact? Got a question for us? Drop it in the comments below or reach out to us on Twitter: https://twitter.com/playingftseshow Or on Instagram: https://www.instagram.com/playing_ftse/ ► Enquiries: Please email - playingftsepodcast@gmail(dot)com ► Disclaimer: This information is for entertainment purposes only and does not constitute financial advice. Always consult with a qualified financial professional before making any investment decisions.

European bourses trade choppy, US futures edge lower ahead of the US NFP report.USD eyes NFP, JPY boosted by BoJ source report, GBP unable to recoup lost ground.Fixed income a touch lower ahead of US jobs data, Gilts continue to underperform.Crude soars on geopolitical updates, Industrial commodities bolstered by Chinese commentary.Looking ahead, US & Canadian Jobs, US UoM Survey, Chinese M2 Money Supply, FDI, Loan Growth, Earnings from Tilray, Delta Air, Walgreens Boots Alliance & Constellation Brands.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mixed whilst US is away amid the National Day of Mourning in honour of President Jimmy Carter.Pound under pressure as Cable hangs by a thread; DXY broadly firmer vs peers (ex-JPY).Gilts gap lower and hit 89.00 but have since pared into an imminent parliamentary question, hefty European supply well received.Subdued trade in energy but base metals tilt higher.Looking ahead, Fed's Harker, Collins, Barkin, Schmid, Bowman and BoE's Breeden.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

La séance boursière a été agitée hier en Europe, où les indices ont décroché en milieu de journée sur des rumeurs prêtant à Donald Trump l'intention d'activer une loi de sécurité exceptionnelle pour ériger des barrières douanières massives face au reste du monde. Les remous sur le marché de la dette britannique n'ont pas aidé non plus. La bourse américaine sera fermée aujourd'hui pour les funérailles de l'ancien président Jimmy Carter.

In today's episode of The Daily Voice, Sam reviews Wednesday's trade where stocks finished just about in the green. ADP and JOLTS data from the States helped the markets trade positively ahead of a key jobs report on Friday. Sam reviews the bond situation in the UK which is starting to worry broader markets, and discusses the FOMC minutes which suggest a pause in January for rates.

European bourses are mixed, US futures gain slightly.USD remains soggy vs. peers, EUR digests CPI metrics, Antipodeans lead.USTs are contained into data, EGBs lift slightly on HICP, Gilts lag.A choppy start for crude while spot gold benefits from the broadly softer Dollar.Looking ahead, US ISM Services PMI, JOLTS Job Openings, International Trade, Canadian Imports/Exports, Comments from Fed's Barkin, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are generally in the green; the NQ outperforms, with Tech lifted after Foxconn reported record Q4 revenue.USD is on the backfoot which has helped to lift G10 peers, JPY underperforms.USTs are pressured ahead of 3yr supply; Gilts underperform after a survey showed that 55% of UK businesses intend to lift prices in the next three months (prev. 39%).Crude and gold are on the backfoot despite the softer Dollar.Looking ahead, German Prelim. CPI, US Services & Composite PMI (Final), Factory Orders, Comments from Fed's Daly, Supply from US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mostly lower, US futures higher with modest outperformance in the NQ.Dollar is firmer and holding around 108.00, GBP little changed after UK shows no growth in Q3.Bunds & Gilts pressured in thin trade, USTs flat into data.Gas heats up on updates out of Qatar and Russia; Crude/XAU flat.Looking ahead, Canadian GDP (Oct), US Consumer Confidence & Durable Goods, supply from US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European stocks tumble post-FOMC, MU -15% pre-market weighing on chip peers in Europe; US futures attempting to recoup yesterday's losses.USD gives back some of yesterday's post-FOMC gains, JPY hit after BoJ Governor Ueda's press conference.US yield curve steepens, JGBs outperform post-Ueda, Gilts lag pre-BoE.Crude lifts incrementally off Wednesday's lows, XAU fares better as the USD pauses for breath.Looking ahead, US Jobless Claims, Philly Fed Index, NZ Trade Balance, Japanese CPI, BoE, CNB, Banxico Policy Announcements, Earnings from Accenture, Cintas, Conagra Brands, Nike, FedEx, BlackBerry.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

#LondonCalling: Andrew Bailey and the Gilts of 2022.   @JosephSternberg @WSJOpinion 1817 CHARLES I

GOOD EVENING: The show begins in the markets, waiting on Jerome Powell to announce the direction of monetary policy.   1885 NYSE CBS EYE ON THE WORLD WITH JOHN BATCHELOR FIRST HOUR 9-915 #Markets: Bullish. Liz Peek, The Hill, Fox News and Fox Business 915-930 #Markets: Drones over the market. Liz Peek, The Hill, Fox News and Fox Business 930-945 #SYRIA: Pure Al Qaeda. Jonathan Schanzer, FDD 945-1000 #Cairo: Not cooperating still. Jonathan Schanzer, FDD SECOND HOUR 10-1015 #BERLIN: The government falls. Judy Dempsey, Senior Scholar, Carnegie Endowment for International Peace in Berlin. 1015-1030 #Berlin: Friedrich Merz, CDU. Judy Dempsey, Senior Scholar, Carnegie Endowment for International Peace in Berlin. 1030-1045 #LondonCalling: Syria go home? @JosephSternberg @WSJOpinion 1045-1100 #LondonCalling: Andrew Bailey and the Gilts of 2022. @JosephSternberg @WSJOpinion THIRD HOUR 1100-1115 1/2: #CANADA: Disorder Trudeau. Charles Burton, Synopsis, Ottawa. 1115-1130 2/2: #CANADA: Disorder Trudeau. Charles Burton, Synopsis, Ottawa. 1130-1145 #US: November 5, 2024 reestablished US supreme command. Gregory Copley, Defense & Foreign Affairs 1145-1200 #KING CHARLES REPORT: Andrew and the China agent. Gregory Copley, Defense & Foreign Affairs FOURTH HOUR 12-1215 #NewWorldReport: Lula's brain. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis 1215-1230 #NewWorldReport: Venezuela charm offensive. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis 1230-1245 #NewWorldReport: Good News Argentina. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis 1245-100 am #NewWorldReport: Promise for Paraguay. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis

European bourses are mostly in the red, but sentiment has improved a touch since the cash open; US futures modestly lower.DXY back above 107.00, GBP posted early gains after hot wages data.Gilts lag as UK wage data essentially removes any chance of a Dec. BoE cut ahead of CPI; USTs a little lower ahead of US Retail Sales.Commodities succumb to the tepid risk tone and ongoing USD strength.Looking ahead, US Retail Sales, Canadian Inflation, US Industrial Production, Japanese Trade Balance, NBH Policy Announcement, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Equities are entirely in the green as sentiment improves; NVDA earnings due after-hours.Dollar is back on a firmer footing, JPY underperforms and gives back the prior day's haven-induced strength.Bonds are on the backfoot, and with clear underperformance in Gilts after the region's hotter than expected CPI figures.Crude is incrementally firmer, XAU edges lower and base metals benefit from the risk tone.Looking ahead, ECB President Lagarde, de Guindos, BoE's Ramsden, Fed's Barr, Cook, Bowman & Collins, Supply from the US. Earnings from NVIDIA, Snowflake, Palo Alto, NIO, TJX, Williams-Sonoma.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mixed vs initially opening entirely in the red; US futures sit in negative territory.DXY is on the backfoot and holds around 106.50, JPY outperforms.USTs are under pressure in a continuation of the price action seen following a hawkish-leaning Powell; Gilts bid after the UK's downbeat GDP metrics.Crude is in the red, XAU is flat, whilst base metals hold a positive bias alongside the pullback in the Dollar.Looking ahead, US Retail Sales, Capacity Utilisation, BoC SLOS, Speakers including ECB's Lane & Cipollone, Panetta, Fed's Goolsbee, Collins & Williams, Barkin, Earnings from Alibaba.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses gain with clear outperformance in the Euro Stoxx 50, lifted by gains in ASML +5.2% after it reiterated its 2030 sales outlook; US futures are modestly firmer whilst the RTY outperforms.Dollar continues to extend gains having surpassed 107.00, USD/JPY tops 156.00.Bonds are subdued with slight underperformance in Gilts ahead of Fed Chair Powell and BoE Governor Bailey.Metals succumb to the Dollar strength while crude trades choppily in a tight range.Looking ahead, US Initial Jobless Claims, US PPI, Japanese GDP, ECB Minutes. Speakers include ECB's Lagarde, Schnabel, Fed's Powell, Barkin, Williams & Kugler, BoE's Bailey & Mann. Supply from the US. Earnings from Disney, Brookfield, Applied Materials & Advanced Auto Parts.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mostly on a modestly firmer footing; US futures are incrementally lower ahead of US CPI.Dollar is flat, JPY marginally underperforms with USD/JPY briefly topping 155.00.USTs are incrementally firmer and ultimately in stasis ahead of US CPI; Gilts continued to underperform.Crude and precious metals gain but base metals remain subdued.Looking ahead, US CPI, EIA STEO, Speakers including Fed's Logan, Williams, Musalem, Kashkari, Schmid & RBA's Bullock. Earnings from Cisco.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are entirely in the red, with sentiment hit after China's NPC press conference disappointed markets; US futures remain flat.DXY is slightly firmer, with the JPY strong whilst the Antipodeans lag given the lack of fresh stimulus measures from China.Bonds are on a firmer footing, with modest outperformance in Gilts and as USTs await Fed speak from Bowman & Musalem.Crude oil, XAU and base metals are all on the backfoot, following the underwhelming Chinese NPC press conference.Looking ahead, Canadian Jobs, US UoM Inflation Prelim/Sentiment, Speakers including BoC's Gravelle, Fed's Bowman & Musalem.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mixed and trading tentatively on either side of the unchanged mark; US futures are incrementally firmer/flat.Dollar is slightly softer on US election day, Antipodeans benefit from constructive Chinese PMIs and Aussie was fairly unreactive to an unsurprising hold at the RBA.USTs are essentially unchanged, Bunds are pressured alongside Gilts; the latter was weighed on by its 2034 auction.Upward bias across industrials amid geopolitics and encouraging Chinese PMI data.Looking ahead, US International Trade, Canadian Exports/Imports, US ISM Services, NZ HLFS Jobs, BoC Minutes, BoJ Minutes, US Election, Speakers including ECB President Lagarde & Schnabel, Supply from the US, Earnings from Emerson Electric Co, Super Micro Computer & Global Foundries.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are entirely in the green alongside modest strength in US futures following post-earning strength in Amazon/Intel & ultimately outmuscling losses in Apple.Dollar is firmer, CHF sinks after the region's inflation data and JPY pares recent strength.Gilts continue to underperform with benchmarks generally softer pre-Payrolls.Crude is lower as risk-premium returns into the weekend though participants have NFP to navigate first.Looking ahead, US NFP, ISM Manufacturing PMI, Earnings from Ares Management, Dominion Energy, Charter Communications, Imperial Oil, LyondellBasell, Cardinal Health & Cboe Global Markets.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mostly lower and US futures trade tentatively ahead of US CPI.DXY is flat, JPY outperforms following hawkish BoJ Himino commentary.USTs are modestly lower potentially pressured by FOMC Minutes/30yr concession; Gilts lag after IFS analysis.Crude is firmer, XAU gains and holds comfortably above USD 2600/oz and base metals are mostly in the green.Looking ahead, US CPI, Initial Jobless Claims, US Federal Budget, NZ Manufacturing PMI, Chinese M2 Money Supply, ECB Minutes, Tesla Robotaxi Event, AMD AI Event, Speakers including Fed's Cook, Barkin & Williams, Supply from US, Earnings from Delta.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are choppy and trading indecisively on either side of the unchanged mark, but the FTSE 100 outperforms; US futures are modestly lower.Dollar is firmer with G10s lower across the board to varying degrees; the Kiwi lags after the RBNZ delivered a widely expected 50bps cut and signalled the likelihood of further easing to come.Bonds are incrementally firmer, UK auction garnered solid demand but the tail was still large sparking some modest pressure in Gilts.Crude is firmer attempting to pare back the hefty losses in the prior session; XAU/base metals are modestly lower.Looking ahead, US Wholesale Sales, FOMC & NBH Minutes, Speakers including Fed's Bostic, Logan, Goolsbee, Jefferson, Barkin, Collins & Daly, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mixed whilst US equity futures trade tentatively on either side of the unchanged mark ahead of today's US NFP report.Dollar is rangebound, GBP and JPY are attempting to claw back some of their recent losses.USTs are flat whilst Bunds slip extending on this week's pressure; Gilts are also on the backfoot fuelled by hawkish-leaning commentary from BoE's Pill.Crude continued to hold an upward bias as focus remains on the geopolitical tensions, XAU/base metals hold a mild upward bias.Looking ahead, highlights include US NFP, Canadian Ivey PMI, Comments from Fed's Williams, Goolsbee, ECB's Elderson.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are lower across the board (ex-FTSE 100), US futures are in negative terrirtory ahead of today's US data deluge.Dollar is firmer vs G10 peers, GBP underperforms after BoE Governor Bailey said the bank could be a "bit more aggressive" in cutting rates provided the news that inflation continues to be good.Bonds are on the backfoot, extending on the pressure seen post-ADP on Wednesday; Gilts outperform following the dovish-leaning Bailey comments.Crude oil is continuing the benefit from the geopolitical risk premium, XAU/base metals dip amid the stronger DollarLooking ahead, US Services/Composite PMIs (Final), US Challenger Layoffs, IJC, Durable Goods (R), Factory Orders, ISM Services PMI, Speakers include Fed's Bostic & Schmid, Supply from the US, Earnings from Constellation Brands.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are generally on a firmer footing whilst US futures are modestly lower with slight underperformance in the RTYDollar is flat unable to continue the prior day's geopolitical-indued gains, JPY underperforms with USD/JPY around 144.25USTs are flat and Bunds give back some of its recent strength, Gilts follow peers and took another leg lower following an auctionCrude continues to benefit from the geopolitical risk premium, XAU slips off best levels whilst base metals gainLooking ahead, ADP National Employment, NBP Policy Announcement; OPEC+ JMMC Meeting, Speakers including ECB's Elderson, Schnabel, Fed's Hammack, Musalem, Bowman & Barkin. Earnings from Conagra & Levis.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Equity futures are generally modestly lower, giving back some of the prior day's gainsG10s are flat/lower against the Dollar to varying degrees, JPY underperforms with USD/JPY up to a 144.25 peakUSTs are essentially flat, Gilts dip lower following a weak auction which also weighed on BundsCrude is modestly lower, XAU is flat and base metals take a breather from the China stimulus-related gains on TuesdayLooking ahead, Highlights include US Building Permits, CNB Policy Announcement, Speakers including Fed's Kugler, Supply from the US, Earnings from Micron.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European equities are mixed/modestly firmer, a theme which is also seen across US futuresDollar is firmer, benefiting from losses in the EUR after particularly poor French/German PMI metrics, AUD bid ahead of the RBA on TuesdayUSTs remain steady ahead of its own PMI release, Bunds were lifted after poor EZ PMIs & Gilts gained after UK PMIs missed across the board, but still point towards a “soft landing” for the UK economyCrude is incrementally firmer, XAU and base metals are lower across the boardLooking ahead, US PMIs (Flash), Comments from ECB's Cipollone, Fed's Bostic, Kashkari & GoolsbeeRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are entirely in the red, with the DAX 40 slightly underperforming as Mercedes Benz cuts guidance; US futures are modestly lowerDollar is flat, JPY underperforms after the BoJ kept rates unchanged (as expected), but with Ueda striking a dovish tone at his press conferenceBonds are slightly bid, taking impetus from the BoJ announcement; Gilts initially underperformed vs peers after hotter-than-expected UK Retail SalesCrude is slightly subdued, XAU prints record highs again and base metals are generally strongerLooking ahead, Canadian Producer Prices, Retail Sales, EZ Consumer Confidence, Quad Witching, Comments from BoC's Macklem, ECB's Lagarde, Fed's Harker & BowmanRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk