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Chinese support measures lift metals, Dollar bid & Bunds lower amid hawkish remarks; Fed speak due - Newsquawk US Market Open

Chinese support measures lift metals, Dollar bid & Bunds lower amid hawkish remarks; Fed speak due - Newsquawk US Market Open
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APAC stocks were mostly positive following the lack of any major geopolitical escalations over the weekend – Newsquawk Europe Market Open

Equities firmer and Antipodeans benefit from the positive risk appetite, Crude softer but off worst levels; ECB s Lagarde due - Newsquawk US Market Open

Futures Rebound As Geopolitical Fears Fade, Fed Enters Blackout Period

Futures Slump, Dragged By Semis As Global Chip War Escalates

Futures are lower following the S&P's best weekly performance of the year (sparked by dovish comments by Fed chair Powell during the last FOMC) which sent the market up +2.3%. At 7:50 am, S&P futures were 0.4% lower and Nasdaq futures dropped 0.6%, dragged by MegaCap tech names which were mostly lower with AMD and Intel down more than 2% after the FT reported they are being banned from the Chinese government computers; NVDA swung from gains to losses after a report that Google, Intel and QCOM execs plan on battling NVDA on AI dominance (well what else can they do?).

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