Latest / Newsquawk Rundown, Daily Podcast
US Market Open: Alphabet slumps pre-market after disappointing earnings; ECB's Lagarde is to step down early
The US administration is reportedly pursuing negotiations for a temporary peace agreement with Iran, although significant obstacles remain, according to Semafor.
ECB President Lagarde to step down on 7 February 2027.
NQ futures slump following disappointing Alphabet earnings.
DXY is marginally firmer, giving back some of the post-FOMC losses; EUR lower ahead of the ECB.
Fixed income benchmarks benefiting from lower energy prices (Brent -1.1%).
Looking ahead, highlights include US GDP (Q3), PCE (Sep), Jobless Claims (w/e Oct/24), Personal Income (Sep), Atlanta Fed GDPNow, Japanese Tokyo CPI…
The skinny
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