The always awesome morning note from Newsquawk
5 Things You Need to Know
- APAC stocks were mostly negative with risk appetite sapped by headwinds from the global growth concerns
- DXY was rangebound and took a breather from the prior day’s outperformance, EUR/USD remained lacklustre, and USD/JPY retreated
- 10yr USTs mildly pulled back but held on to most of the prior day’s gains and Bunds stalled overnight but with the downside limited
- Crude futures nursed some of the prior day's near-record slump; WTI traded on both sides of USD 100/bbl overnight
- UK Chancellor Sunak and UK Health Minister Javid announced their resignations; UK PM Johnson reportedly plans to stay on
