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ASIA Nikkei-225 - The Index reversed earlier gains and extended its losing streak overnight as the strong JPY dampened investor sentiment amid a lack of factors driving up the market. The Index closed down 0.7% at 15,042. U.S. The major averages fell for a third straight session on...

WEEKEND PRESS David Smith writes that if the BOE minutes are 5-4 on hold then a December cut would be firmly on the cards (Sunday Times)** If the were 8-1 or 7-2 February would be more likely. However, the BOE regional agents have been quite downbeat and this may get things moving more...

ASIA JGBs - The benchmark 10-year futures contract was down just 1 tick to 137.03 by 0620 as market players digested a fall in USTs on Friday but credit jitters remained. China to raise rates, reserve ratio this year, Peking University economist says (China Securities Journal) Chinese...

Energy futures are trading higher this morning following comments by Venezuela’s oil minister that OPEC does not need to raise output, news that BP may delay the restart of a gasoline production unit at its 470K b/d Texas City, Texas, refinery and a report by the IAEA on Iran yesterday, which...

ASIA The Nikkei fell 1.6% as Mitsubishi Estate Co and other property stocks declined on weak condominium sales data, while financial and exporters dropped amid credit woes (RTRS) Oil was little changed at below $94 a barrel, in the wake of losses a day ago triggered by a surprise build in...

Fresh turmoil on fear of new bank seeking emergency aid after the BoE reported that they have provided GBP 23bln in emergency aid but Northern Rock is said to have used just GBP 20bln, with its own bankers saying they have used even less (Times)** Annual house price inflation in Britain will...

ASIA JGB's hit a 22-month high while stocks were on the ropes again (Nikkei -1.57%) due to the on-going troubles in credit markets, adding doubts about when the BoJ could next lift interest rates (RTRS) At 0625 JGB's were trading 137.04 (+0.19). The BoJ deputy governor Muto warned that US...

Energy futures are trading mostly lower today on strength in the dollar, lowered world oil demand growth expectations by OPEC and comments by the Kuwait oil minister that his country will spend $60 billion over the next five years to expand production capacity. As first reported yesterday by...

ASIA The Nikkei fell 0.7% as TDK Corp tumbled on a UBS downgrade and investors sold Softbank Corp and other issues that posted sharp gains the previous session. (RTRS) U.S. Stocks finished lower on Wednesday, despite good news on the inflation front with the Producer Price Index for Oct...

Mortgage relief as bank rates set to fall (Times front-page)** The UK papers report that hard pressed homeowners in the U.K. can look forward to at least two interest rate cuts by next summer, and up to three next year, following the comments in the BoE's quarterly inflation report yesterday...

ASIA JGB's rose towards a 21-month high as late-session losses in the US stock market drove gains in UST's overnight, encouraging investors to add debt holdings (RTRS) At 0630 JGB's were trading 136.85 (+0.34). PBOC's Yi: China Dollar reserve policy is 'firm', Dollar remains main reserve...

Energy futures are trading mostly higher today following further comments by OPEC that it does not see a need for more oil in the market, on expectations of declines in U.S. inventories last week and on a weaker US dollar. OPEC’s Secretary General, el Badri, said today ahead of the...

ASIA The Nikkei rose 2.5%, bouncing back from the previous session's 15-month low as a rally on Wall Street and a softening yen spurred buying of financial and other battered stocks. (RTRS) U.S. Equity index futures had a very strong day on Tuesday, after better-than-expected results from...

The BBA has told MP's that the BoE should cut its rates on emergency loans to banks during a financial crises (Times) In a written submission to the Treasury Select Committee, the BBA said that the bank should scrap its penalty rate of 1% above the base rate in times of market stress. Bankers...

ASIA JGB's retreated from a 21-month high as a leap in Wall Street shares boosted the Nikkei (+2.47%), prompting investors to trim their JGB holdings (RTRS) At 0630 JGB's were trading 136.51 (-0.41). BoJ's Mizuno said a balanced monetary policy is needed; recent Yen rise stems from...

Energy futures are trading lower mostly lower after the Paris-based International Energy Agency (IEA) cut its world oil demand forecast for the rest of this year and for 2008 and after Shell announced that output at its Mars platform in the Gulf was near 190K b/d following a multi-day outage...

Energy futures are trading lower mostly lower after the Paris-based International Energy Agency (IEA) cut its world oil demand forecast for the rest of this year and for 2008 and after Shell announced that output at its Mars platform in the Gulf was near 190K b/d following a multi-day outage...

As expected, the ECB left its key rate on hold at 4.00% last week with President Jean-Claude Trichet remaining hawkish on present inflation risks. Trichet reiterated, in-line with recent ECB speak, that the central bank is ready to counter the upside inflation risk and sees last month's rise to...

Fed Chairman Bernanke’s comments before the Congressional Joint Economic Committee last week merely supported the FOMC’s October 31st policy statement rather than provided any clues to the likely path of monetary policy in the short-term, and the same was true for the multitude of rhetoric...

**This is a preview of the equity sheet sent out to Ransquawk clients on a daily basis** ASIA The Nikkei fell 0.5%, extending its losing streak into an eighth straight session, as energy-related stocks dropped on lower oil prices (RTRS) U.S. Major averages in the U.S. finished lower...