Morning all!- US President Trump said it was "largely true" that Republicans lost the midterms because of the Iran war, | Hanami
Morning all!
- US President Trump said it was "largely true" that Republicans lost the midterms because of the Iran war, while he said he is not replacing War Secretary Hegseth.
- APAC stocks were mixed after the rally on Wall Street, with a rotation out of chip names; US equity futures are mixed, with the NQ lagging, while European equity futures point to a positive open.
- DXY remained subdued post-Midterms alongside lower yields; USTs and Bunds extend gains as lower oil eases inflation concerns.
- Crude remained pressured after Wednesday's slump, while spot gold returned to levels above USD 4,100/oz.
- Looking ahead, highlights include Swedish CPIF Prelim. (Oct), German Factory Orders (Sep), EZ PPI (Sep), US Initial Jobless Claims (Oct/31), Norges Bank, BoE, CNB & Banxico Policy Announcements, Canadian Federal Budget. Speakers include BoE's Bailey, ECB's Cipollone, Schnabel, Lane & Lagarde, BoC's Macklem, Fed's Hammack & Barkin. Supply from Spain & France. Earnings from ConocoPhillips & Deutsche Telekom.