🚨 GGMA Markets Briefing: Nvidia Turmoil Drags Nasdaq Futures as Yen Nears Intervention Levels 🤖 US technology futures fell after reports that Nvidia's board is preparing to oust chief executive Jensen Huang. 🇯🇵 The yen hovered near the level that preceded intervention this summer, after Japan's top currency official warned that recent moves had been too fast. 🏭 Japan's producer prices rose faster than expected in October, and BoJ board member Asada said the terminal rate could be higher than he first thought. 🏦 Fed officials Bowman, Paulson and Goolsbee pointed to persistent inflation, with a December hike fully priced. 🛢️ Oil eased as OPEC output rose strongly in October, while Iran ruled out sending its enriched uranium abroad. 🇪🇺 France signalled support for Spain's Pablo Hernández de Cos as the next ECB president. Today's Macro Roadmap: UK GDP is due at 08:00 CET, US initial jobless claims are due at 14:30 CET, US existing home sales are due at 16:00 CET, and ECB President Christine Lagarde speaks in Paris at 20:30 CET. Try GGMA free for 30 days, no credit card needed: Read the full article on our website for free: