Crude benchmarks rebound from recent losses, DXY steady whilst AUD reacts to hawkish RBA commentary; TSLA ahead - Newsquawk US Market Open

  • Pakistan Army Chief Munir brought the "final warning" from the United States to Iranian officials, which called on Iran to submit to the US demands for concessions on the nuclear issue before taking any other steps.
  • The UK government has approved the Jackdaw North Sea gas field.
  • NQ outperforms, helped by upbeat SPCX and SMCI earnings; focus turns to META and TSLA.
  • DXY flat; AUD supported by hawkish comments by RBA's Hauser.
  • Fixed income benchmarks modestly lower, Gilts in
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Why France?

The lesson to learn from France right now is that assimilation doesn't happen by accident...

European bourses set for a firmer open as tech rebounds; UK CPI ahead - Newsquawk EU Market Open

  • APAC stocks were mostly firmer amidst strength in AI names; the NQ outperformed after gaining on SMCI's and SpaceX's mega forecasts.
  • European equity futures indicate a positive cash market open, with Euro Stoxx 50 futures up 0.3%.
  • DXY was steady, whilst the AUD outperformed as Goldman Sachs now sees the RBA hiking in November.
  • Crude futures were firmer after an earlier brief spike; focus on IRGC threats to internet cables in the Strait of Hormuz.
  • Looking ahead, highlights