Morning all!- US equity futures were varied ahead of the US midterm elections and with Apple (-2.7%) ultimately declinin | Hanami
Morning all!
- US equity futures were varied ahead of the US midterm elections and with Apple (-2.7%) ultimately declining post-earnings.
- AUD/USD ultimately weakened after the RBA hiked the Cash Rate by 25bps to 4.85% via a 6-3 vote but stopped short of signalling another hike in December.
- Crude futures attempted to nurse losses after slumping by around 8% on Monday; 10yr UST futures slightly pulled back after gaining yesterday.
- APAC stocks traded mixed following the continued tech rout stateside; European equity futures indicate a lower cash market open.
- Looking ahead, highlights include Swiss CPI (Oct), US JOLTS (Sep), US Midterm Elections. Speakers include BoC's Macklem & Rogers. Supply from UK & Germany. Earnings from Pfizer, AMD & Super Micro.(Historical earnings: For fiscal 2026Q2 (period ended 2026-06-27), AMD reported basic EPS of 2.26, diluted EPS of 2.22, net income of USD 3.680 billion, and revenue of USD 21.789 billion.
Consensus expectations: For the upcoming 2026Q3 event, consensus expects EPS of 1.9366 and revenue of USD 13.083 billion.)