Morning all!- US President Trump said it was “getting to be decision time” on whether to strike a deal with Tehran or re | Hanami
Morning all!
- US President Trump said it was “getting to be decision time” on whether to strike a deal with Tehran or resume attacks.
- An Iranian source posted on Telegram that an IRGC launcher in Sirik was hit by a missile from an unknown fighter jet minutes after firing a missile towards the Strait of Hormuz.
- Several UK Budget measures were reported over the weekend, ahead of Wednesday's announcement.
- APAC stocks were mixed with a mostly negative bias following last week's surge in oil; European equity futures (ex-FTSE 100) indicate a positive cash open.
- EUR/USD gained slightly, with the single currency back above the 1.1200 level after France was spared from a ratings downgrade by Moody's.
- Looking ahead, highlights include Swedish PPI (Sep), German Ifo (Oct), Chinese Fifth Plenum. Speakers include ECB’s Elderson. Supply from EZ & US, US Treasury Buyback (Liquidity Support; 20Y-30Y). Earnings from Verizon.
- NOTE: UK clocks moved back one hour on Sunday and reverted to GMT, which means the time difference between London and New York will be four hours for the week ahead.