Find here our morning brief which compiled the main macro news — released on Twitter — concerning Americas, Asia and Europe.
Israel Latest
Geopolitics
NEW – Israel army radio correspondent says #Israel carried out an significant ground incursion within #Gaza with the goal of destroying Hamas positions. This operation involved infantry and armored units, and was broader than previous limited incursions.
— Michael A. Horowitz (@michaelh992) October 26, 2023
Israel Carries Out ‘Targeted Raid’ Against Hamas In Gaza – FThttps://t.co/r5hKOBANNf
— LiveSquawk (@LiveSquawk) October 26, 2023
Israel's Army Radio reports that ground forces carried out a "relatively large" operation aimed at attacking Hamas positions in Gaza.
— Sky News (@SkyNews) October 26, 2023
Israel-Hamas war latest: https://t.co/XPVle1DKPW
https://t.co/NvoXYcFqjh
View over southern Israel as the region remains watchful for incoming rockets fired by militants in Gaza.
— Reuters (@Reuters) October 26, 2023
Keep up with the latest news from around the world: https://t.co/xYINkUJsCV https://t.co/taH6JXsd75
Israel Agrees To Delay Gaza Invasion So US Can Rush Missile Defences To Region – WSJhttps://t.co/UjgTFqW6mP
— LiveSquawk (@LiveSquawk) October 25, 2023
Americas
Markets
Nasdaq 100 futures slide Wednesday evening following sharp selloff: Live updates https://t.co/JmDUjKK0MZ
— CNBC (@CNBC) October 25, 2023
Meta Shares Slide After Warning on Economic Uncertainty https://t.co/kJBxXAxnQW
— TôuTzuSays (@TouTzuSays) October 26, 2023
Major Earnings Releases Thursday 26th October$UPS $HON $BSX $VLO $LUV $BMY $NOC $CMCSA $NEM $MA $PCG $AMZN $INTC $F $COF pic.twitter.com/U2uXczrTJX
— LiveSquawk (@LiveSquawk) October 26, 2023
Economic Indicators and Prospects
October Vehicle Sales Forecast: 16.0 million SAAR, Up 9% YoY https://t.co/gGNIsnyAmu pic.twitter.com/Ln50dI8ufG
— Bill McBride (@calculatedrisk) October 25, 2023
Merci @B_SMART_TV et @GregoireFavet pour l'invitation !!!
— Stephane Deo (@StephaneDeo) October 25, 2023
Pour illustrer notre propos avec @nicolasforest voici un chart sur la participation des étrangers. On est passé de 400k par an la dernière décennie à trois fois plus récemment. https://t.co/X7jD4YJMhG pic.twitter.com/leeAetpTi2
Atlanta Fed GDP Now Index Q3 Unchanged At 5.4%https://t.co/GIJHH2ZMsR
— LiveSquawk (@LiveSquawk) October 25, 2023
Housing
#Housing | Another day, another high. According to https://t.co/lsbJQASE0N‘s data, US 30-Year fixed-rate #mortgage reached 8.04%, the highest rate since June 2000 pic.twitter.com/zfB9Lt3Z9Y
— Christophe Barraud (@C_Barraud) October 25, 2023
#Housing | US #Mortgage Rate Nears 8%, Further Suppressing Housing Demand – Bloomberghttps://t.co/poHQGvUI3p pic.twitter.com/AJQLQPD7SB
— Christophe Barraud (@C_Barraud) October 25, 2023
MBA: Mortgage Applications Decreased in Weekly Survey https://t.co/bfhaTKwzIE pic.twitter.com/PAvpowR1zj
— Bill McBride (@calculatedrisk) October 25, 2023
New Home Sales increase to 759,000 Annual Rate in September https://t.co/LHVauZYcxd pic.twitter.com/u86mnFDsz4
— Bill McBride (@calculatedrisk) October 25, 2023
Strikes
Ford, UAW reach tentative deal to end strike including record pay raise – Reutershttps://t.co/mRAI6s1ftj
— Christophe Barraud (@C_Barraud) October 26, 2023
Monetary Policy
Bond Market’s ‘Vicious Cycle’ Risk Puts Spotlight on #Fed’s QT – Bloomberghttps://t.co/MmoQjDvx2V pic.twitter.com/qrFSDntGHh
— Christophe Barraud (@C_Barraud) October 26, 2023
Bank of Canada interest rate pause continued, wiht a "clear hiking bias"https://t.co/dpvsbTZwMh
— ForexLive (@ForexLive) October 25, 2023
Fiscal Policy
Deficit Doubling as US Economy Grows Shows Why Yields Are at 5% – Bloomberghttps://t.co/sSDHa9eeWb pic.twitter.com/skvA7W1B7l
— Christophe Barraud (@C_Barraud) October 25, 2023
Trade, Politics and Geopolitics
Republican Mike Johnson was elected US House speaker, ending a leadership vacuum. Read @BenWinck's earlier take on why the position remains one of the least desirable jobs in the country. https://t.co/q0o4dDYM0G pic.twitter.com/5vPJ5tVHy6
— Reuters Breakingviews (@Breakingviews) October 25, 2023
WH To Unveil Sweeping AI Executive Order Next Week, Tackling Immigration, Safety – WaPohttps://t.co/fpe0zWJdng
— LiveSquawk (@LiveSquawk) October 25, 2023
Goldman Sachs says a 2 to 3 week November US government shutdown is its base casehttps://t.co/UmvPkrXEcF
— ForexLive (@ForexLive) October 25, 2023
President Joe Biden will see Chinese Foreign Minister Wang Yi when he visits the White House on Friday https://t.co/MIid9xtPVl
— Bloomberg (@business) October 26, 2023
Controversial Chip in Huawei Phone Produced on ASML Machine @SecRaimondo we are so doomed. Clearly the Dutch government prefer money over freedom. $Asml https://t.co/Owy9crbipr
— Fundamental Research & Investor (@fundam_inv) October 26, 2023
Asia
Markets
#China | A-Share #Buybacks to Lift Market Confidence – Securities Daily
— Christophe Barraud (@C_Barraud) October 26, 2023
Stock repurchases in the A-share market have reached 63 billion yuan ($8.6 billion) in total so far this year, signaling listed firms’ confidence in their growth outlook, Securities Daily says in a…
Japan finmin says he is watching yen moves with 'sense of urgency' https://t.co/vtb22jNWeE pic.twitter.com/ydE9QL6W6m
— Reuters (@Reuters) October 26, 2023
Economic Indicators and Prospects
South Korea's economic growth beats estimates, backing rate pause https://t.co/ta78vwW1cm pic.twitter.com/2nSoXMqt6O
— Reuters (@Reuters) October 26, 2023
#CHINA'S CONSUMPTION RECOVERY TREND MORE OBVIOUS SINCE 3Q: MOFCOM – BBG
— Christophe Barraud (@C_Barraud) October 26, 2023
Housing
Xi Jinping Is Looking For Someone To Blame For China’s Property Bust – @WSJhttps://t.co/KC6GVrYhOh
— LiveSquawk (@LiveSquawk) October 26, 2023
Hong Kong slashes stamp duties, easing property curbs for the first time in over 10 years https://t.co/XyJ5KcEpVJ
— Kamlesh Pandya (@kamlesh07) October 25, 2023
Monetary Policy
PBOC conducted 424 billion yuan of the 7-day RRP on Thursday. A total 80 of billion yuan will be injected into the market on a net basis as 344 billion yuan comes due today. #China #liquidity https://t.co/95GCNdZwXB
— CN Wire (@Sino_Market) October 26, 2023
Bullock seemed keen to avoid appearing hawkish and refused to answer whether an obviously material upside surprise to inflation was material compared to the RBA's old (and incorrect) forecasts, and whether it would delay the return of inflation to target, which it clearly will.…
— christopher joye (@cjoye) October 25, 2023
Fiscal Policy
Exclusive: #China's cabinet curbs debt growth in 12 "high risk" regions – sources – Reutershttps://t.co/K4TNMNOYTc
— Christophe Barraud (@C_Barraud) October 26, 2023
Trade, Politics and Geopolitics
A Reuters piece on my latest podcast with trade minister Don Farrell: https://t.co/oYh7Y5so3s
— Michelle Grattan (@michellegrattan) October 26, 2023
Chinese Premier Li Qiang called for accelerated cooperation on a planned international railway linking China, Kyrgyzstan and Uzbekistan. https://t.co/rXkCtfizpa
— Nikkei Asia (@NikkeiAsia) October 25, 2023
China upgrades diplomatic ties with close US ally Colombia https://t.co/vzvn0GNvSN pic.twitter.com/pHkCRJMWEg
— Reuters (@Reuters) October 25, 2023
China-Australia relations: before Anthony Albanese’s visit, Canberra ‘will not oppose’ Beijing’s CPTPP trade-pact bid #China #china #Australia #trade #CPTPP https://t.co/CZJQ1bsXsW
— SCMP Economy (@scmpeconomy) October 26, 2023
Europe
Economic Indicators and Prospects
Big drop in US flash #PMI selling price gauge in October brings the #FOMC 2% target into focus for the first time in three years pic.twitter.com/PRPbl9jltb
— Chris Williamson (@WilliamsonChris) October 24, 2023
September #Eurozone Monetary Developments Reinforce Recession Fearshttps://t.co/AW0SWpaBI9
— Christophe Barraud (@C_Barraud) October 25, 2023
#SPAIN 3Q UNEMPLOYMENT RATE RISES TO 11.84%; EST. 11.45% – BBG
— Christophe Barraud (@C_Barraud) October 26, 2023
Monetary Policy
ECB’s Lagarde Says Fight Against Inflation Isn’t Over Yet https://t.co/kfeYq6gCnP
— Shehzad Younis شہزاد یونس (@shehzadyounis) October 25, 2023
ECB Is Keeping an Eye on Energy Costs, Lagarde Says https://t.co/xYALxjORsL
— Víctor Méndez Barreira (@VictorMBarreira) October 25, 2023
Meanwhile, the ECB is accelerating its QT, in line with the increase in redemptions.
— Stephane Deo (@StephaneDeo) October 25, 2023
Last week, APP holdings declined by slightly more than 15 Bn EUR. A new record. pic.twitter.com/J9WFdOY7Gw
Italian bonds are at the mercy of the ECB: @marcusashworth https://t.co/fofJ2zwmPY via @opinion pic.twitter.com/WJuoC1NBmw
— Zoe Schneeweiss (@ZSchneeweiss) October 26, 2023
European Central Bank meeting today – preview – hurdle for a rate hike is highhttps://t.co/0TL2yKyRmU
— ForexLive (@ForexLive) October 26, 2023
Energy
EU pitches plan to cut methane emissions in energy imports https://t.co/0bBqgrX90w via @johnainger pic.twitter.com/pSRxCEMqBs
— Zoe Schneeweiss (@ZSchneeweiss) October 25, 2023
The EU wants to include a plan to link the power grids of Greece and Egypt on a list of so-called projects of mutual interest, a move that will help secure licensing and funding https://t.co/CNKr1QU9gr via @PaulTugwell1 pic.twitter.com/sXhfrzaBbX
— Zoe Schneeweiss (@ZSchneeweiss) October 26, 2023
Fiscal Policy
EU Countries Spot Unused Billions In Common Budget – @FThttps://t.co/8nAEVgi73L
— LiveSquawk (@LiveSquawk) October 26, 2023
Trade, Politics and Geopolitics
#Poland ’s opposition leader Donald Tusk kicked off informal talks with #European leaders in #Brussels, pledging to recover funds frozen by bloc although he has yet to be appointed premier.@SherM_BRP @FredCSantana @ajamubaraka @philippe_dam https://t.co/7BQTC8OwCp
— EU Chronicles (@EU_chronicles) October 25, 2023
EU is falling short on pledge to supply Ukraine with ammunition https://t.co/WJBhcin5tb via @albertonardelli @JenniferJJacobs @CMcBinDC pic.twitter.com/KKYG3bK3w3
— Zoe Schneeweiss (@ZSchneeweiss) October 26, 2023
Other Areas And Global Economy
*Note: Previous briefs can be found here
