Morning all!- Iranian Deputy Security Chief Bagheri Kani said Iran is open to a shorter US proposal timeline if conditio | Hanami
Morning all!
- Iranian Deputy Security Chief Bagheri Kani said Iran is open to a shorter US proposal timeline if conditions are met, according to state TV.
- APAC stocks were mixed, with tech stocks supported by the rebound stateside; European equity futures indicate a marginally lower cash open.
- DXY took a breather, GBP/USD lacked direction ahead of Wednesday's UK Budget, and USD/JPY stayed afloat.
- UST futures edged higher ahead of the FOMC, tech earnings and PCE data this week, while Bund futures rebounded ahead of German supply.
- Crude futures pulled back amid limited fresh catalysts and no major geopolitical escalation, while spot gold traded sideways above USD 4,000/oz.
- Looking ahead, highlights include US ADP Employment Change Weekly, Durable Goods (Sep), Richmond Fed Index (Oct), Dallas Fed Index (Oct), Atlanta Fed GDPNow, Israeli legislative election for the Knesset. Supply from the UK, Italy, Germany & the US. Earnings from SoFi, Coca-Cola, UPS, Corning, PayPal, Boeing, S&P Global, Robinhood, Seagate, Visa, SK Hynix.(Consensus expectations: For 2026Q3, consensus expects EPS of 0.1682 and revenue of USD 1.260 billion.)