"It seems no one wants to be short in this market."
"We remain cautious in our near-term growth outlook."
“Nvidia remains the focal point, It’s the guidance on the earnings landscape and product roll-out from CEO Jensen Huang that could dictate if the market really wants to push this one along for a more sustained period.”
"This measure extends to four executives from General Dynamics, highlighting the depth of Beijing's retaliatory steps."
Increasing power and raw-material demand from new tech... is likely to be a secular tailwind for commodities and thus an impediment to a return to a low-and-stable inflation regime.
...Buterin calls superintelligent AI “risky” amid leadership changes at OpenAI, stressing the need for caution and decentralization in AI development.
Equities trade tentatively ahead of FOMC Minutes & NVDA earnings, Bonds subdued post-UK CPI - Newsquawk US Market Open
NS
- European bourses are entirely in the red, whilst US futures trade tentatively ahead of FOMC Minutes and Nvidia earnings
- Dollar is incrementally firmer, Kiwi outperforms post-RBNZ & GBP bid on UK inflation metrics
- Bonds are lower after hotter-than-expected UK CPI metrics, with Gilts the clear underperformer
- Crude is subdued, XAU is softer alongside a broader pullback in base metals
- Looking ahead, Fed Minutes, Speak from Fed's Goolsbee, BoE’s Breeden, Supply from the US
NS
The European Union (EU) exports over $6 trillion in products annually...
Biden just drained the Northeast strategic gasoline reserve to push gas lower by a few cents on July 4...
Just three years ago, the Chinese company Xiaomi decided to build cars. It succeeded where Apple failed...
Trump's decision not to testify may have been a smart move...
"increase your focus on Russian evasion attempts."
In several German states, around three-quarters of benefit claimants are either first- or second-generation migrants, suggesting that mass immigration of low-skilled workers is not a net benefit to Europe's largest economy...
Will Israel come up with its own Hague Invasion Act?
Starting in 2020, things started to get strange in Africa for those who knew what to look for...
APAC stocks were mostly rangebound as global markets brace for the FOMC Minutes and Nvidia earnings – Newsquawk Europe Market Open
NS
NS
To ensure the continuation of the American Republic will require not only support for President Trump but also extraordinary vigilance by the American people through the election and its aftermath...
Around 7% of adults identify as LGBT+... but there’s notable variation between countries...
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