Government shutdown: US lawmakers optimistic on spending deal
Traders are betting on substantially stickier inflation in the US for the next few years. Breakeven rates on 2-year notes are current at 2.75%, the highest lev in almost 1y
Germany's Scholz rejects talk of sending troops to Ukraine from Europe or NATO
RBNZ statement : surprisingly dovish relative to next meeting
EUROUSD slightly softer, but pretty dull given growth differentials
Apple abandons electric car efforts, will prioritize AI, ,competition is now fierce in EV, and the market is no longer building huge expensive limousines (less attractive to AAPL)
China doubles down on national security, expanding its state secrets law
'Urgent' for G7 to Seize Russian Profits for Ukraine: Yellen
Saxo : While the US PCE Core Deflator tomorrow is expected to show the YoY slow to 2.4%, the expected 0.4% MoM rise would lift the 3 and 6-month change to near 2.5% from below 2% last month
Markets : USDollar a little firmer (KIWI, AUD, EURO weakness), NASDAQ 'failing' near 18K, DJ 39K similar picture and SPX500 5050/5100 area
Michael Pettis on X: "Chinese provinces that pay the highest income tax are, in order, Shanghai, Guangdong, Beijing, Zhejiang, Jiangsu, Fujian, Shandong, Sichuan, Hubei, and Tianjin, showing just how concentrated economic importance is within the main Eastern provinces. https://t.co/YAsRW5cX4R" / X (twitter.com)
NASDAQ
