The US jobs report lands today at 14:30 CET, and markets react within seconds. GGMA Squawk & Chat calls out the market-moving headlines live, with LiveSquawk's audio, our macro desk and a members' chat, on desktop and on the iPhone.
30-second look:
30 days free, no credit card details needed, and you can stay on our free plan afterwards:
๐จ GGMA Markets Briefing: AI Rout Spreads to Asia as Hedge Funds Cut Risk
๐ The AI-led stock selloff spread to Asia, and Japan's Nikkei had its biggest one-day loss since April 2025.
๐บ๐ธ Thursday's rout wiped a record amount off the Nasdaq 100 after voters backed limits on data centres.
๐ผ Hedge funds are unwinding crowded trades after a bruising October.
๐ฏ๐ต Japanese wages rose at the fastest pace since 1997. In our view, that supports a BoJ rate rise in December.
๐ข๏ธ Oil extended its rebound as traders weighed the outlook for an end to the war in the Middle East.
Today's Macro Roadmap: New York Fed President John Williams and ECB Chief Economist Philip Lane speak at 10:30 CET, and euro-area retail sales are due at 11:00 CET. The US and Canadian jobs reports land at 14:30 CET, and the University of Michigan's sentiment index follows at 16:00 CET.
Read the full article on our website for free: