US stock markets demonstrate strength with US2000 leading gains (+1.11%), while larger indices show mixed performance with US500 slightly down (-0.03%) and US100 declining (-0.27%)
European markets post broad gains, with French FRA40 leading (+1.39%), followed by Spanish SPA35 (+1.25%) and Italian ITA40 (+1.06%)
Asian-Pacific markets show strong performance, led by Japan's JP225 surging (+2.90%), while Chinese markets also advance with CHN.cash up (+1.14%) and HK.cash gaining (+0.94%)
Energy sector faces significant pressure with Natural Gas plummeting (-5.48%), crude oil declining (-5.63%), and gasoline futures dropping (-1.85%) as Israel's targeted strikes on Iran avoid oil infrastructure
Dallas Fed Manufacturing Index shows improvement at -3.0 vs expected -9.2, with the production index reaching a two-year high at 14.6, though new orders remain in negative territory
Precious metals show positive momentum with Palladium leading (+1.32%), followed by Platinum (+1.29%), while Gold maintains modest gains (+0.29%)
Notable corporate moves include Philips (PHIA.NL) dropping 16% on disappointing Q3 sales, while Sunrun Inc. gains over 6% on potential data center power supply developments
Volkswagen drops 0.5% amid further announcements of plant closing in Germany. The IG Metall union called for an immediate strike, starting Tuesday, before planned negotiations this Wednesday.
Natural gas outlook remains bearish with inventories potentially approaching 100 bcf in coming weeks
Bitcoin ETF inflows surpass $21 billion year-to-date, exceeding traditional flagship ETFs including SPDR S&P 500 Trust and iShares Core S&P 500, while cryptocurrency-related stocks gain alongside Bitcoin's approach to $69,000. Ethereum declines 0.78% while Dogecoin gains 6.76%.
Borr Drilling (BORR.US) shares fall to December 2022 lows, declining 6% in pre-market following Q3 earnings guidance
CHF is the strongest currency today, followed by EUR losing only to CHF and GBP losing to the aforementioned. The US dollar is performing quite well, losing 0.2% to EUR. JPY is continuing to decline and approaches 153.333 JPY per USD.