๐จ GGMA Markets Briefing: Asian Stocks Extend Tech Rebound, Oil Falls Before US CPI
๐ Asian stocks extended their rebound, led by South Korea, after US benchmarks had their best session in about seven months.
๐ข๏ธ Oil fell further after President Trump said new strikes on Iran do not seem necessary, but Tehran dismissed reports of talks as fake news.
๐บ๐ธ Trump said the FBI is looking into Nvidia chief executive Jensen Huang's relationship with a suspected Chinese spy.
๐ค Anthropic retracted the IPO pricing details it had sent to bankers, Reuters said.
๐ฏ๐ต The Bank of Japan's Summary of Opinions showed many board members see a near-term rate rise as necessary, and household spending fell by the most since 2020.
๐จ๐ณ China's trade surplus for the year passed $1 trillion, despite the biggest surge in imports since 2021.
Today's Macro Roadmap: Norway's inflation data is due at 08:00 CET, BoE Deputy Governor Sarah Breeden speaks at 09:30 CET, Fed Governor Christopher Waller speaks at 10:00 CET, the US NFIB small-business survey is due at 12:00 CET, US CPI is due at 14:30 CET, Dallas Fed President Lorie Logan speaks at 16:50 CET, ECB Chief Economist Philip Lane speaks at 17:45 CET, the US sells 10-year notes at 19:00 CET, the BoC publishes its summary of deliberations at 19:30 CET, BoE Chief Economist Huw Pill speaks at 19:30 CET, and Fed Vice Chair for Supervision Michelle Bowman speaks at 21:30 CET.
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