Podcasts about Boe

⬜ Welcome to Palvatar Market Recap, your go-to daily briefing on the latest market movements, global macro shifts, and crypto trends—powered by Raoul Pal's AI avatar, Palvatar. ⬜ In today's update, Palvatar breaks down a packed macro week featuring major central bank decisions from the ECB, BoJ, and BoE, alongside key U.S. data including non-farm payrolls, retail sales, and CPI. Global equities show mixed signals as Europe rebounds, Asia struggles with China's slowing economy, and Wall Street stabilizes. Meanwhile, crypto markets dip despite continued institutional adoption and regulatory developments.

The ASX 200 started off the week down 62 points to 8635 (0.7%). Miners bore the brunt of the selling after a stellar week last week, with BHP down 2.9% and RIO falling 2.4% on lower iron ore and copper prices.  Gold miners too in profit taking mode after solid gains on Friday. GMD fell 5.4% and NEM off 0.9%. Lithium miners were also in profit taking mode as PLS fell 3.9% and LTR off 6.4%. Uranium stocks dropped hard as the AI trade in the US was called into question again, and thus the energy trade. NXG fell 4.5% and PDN down 4.7% with BOE off 8.2%. The banks were relatively calm as CBA fell 0.6% with the other three higher. The Big Bank Basket eased to $272.41 (-0.1%). Other financials eased, ASX under pressure following the ASIC reforms, GQG up 1.1% and SOL falling 1.2%. Insurers were generally better. Healthcare mixed as CSL stumbled 2.5% lower, TLX falling another 4.2%. REITs mixed, industrials mixed too. TLS down 0.8% and TPG up 1.8% with tech trying to find a base, WTC down 0.7% and XRO up 0.6%. The All-Tech Index up 0.04%. Retailers also found some bargain hunters, JBH up 2.3% and APE recovering 1.0%. In corporate news, TWE in a trading halt pending outlook statement. EOS jumped 28.9% on an US$80m order from South Korea. 4DX rose 9.9% on news of approvals in Canada. WGX announced plans to spin off non-core assets and FMG announced plans to buy the remaining shares in Alta Copper. Nothing locally on the economic front but Japanese factory sentiment improved opening the way to a rate rise this week. China announced its weakest retail numbers since Covid. Asian markets eased on US falls, Japan down 1.4%, HK down 0.9% and China off 0.2%.US futures were better, Dow up 160 and Nasdaq up 52.10-year yields steady at 4.72%.Want to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

In this week's episode I talk about how we record write-ins at the Onondaga County Board of Elections. I talk about why some write ins are invalid and some of the limitations of NY Election Law. I recap a bit about my travel to the Cybersecurity summit as well as my last #weeklywonk and activity at the BOE. Enjoy.

Derek Halpenny, Head of Research Global Markets EMEA & International Securities is joined by Chris Jakubowski Head of FI FX Sales to discuss the fallout in the FX markets following the FOMC meeting this week and what this final meeting of the year means for the US dollar going forward. Derek and Chair also look ahead to the final full week of trading next week and discuss the BoE and BoJ meetings. Can the BoJ restore confidence to the JGB market with a rate hike and a message of more?

El Gobierno ha anunciado un aval público para cubrir a los propietarios frente a impagos de alquiler, suministros y daños causados por inquilinos menores de 35 años o familias vulnerables, pero con letra pequeña: solo entra en el paraguas quien alquile por debajo del índice oficial de referencia, tenga el contrato correctamente depositado y pase por el filtro burocrático de las comunidades autónomas. No es un “regalo” al propietario, es un pacto: tú pones el piso barato y bien atado al BOE, y el Estado pone el aval… cuando lo ponga, porque los fondos todavía tienen que concretarse. Detrás del titular amable (“protegemos a los propietarios”) hay otra jugada: marcar desde arriba qué es un alquiler “aceptable” y empujar a cada vez más dueños hacia el circuito intervenido, mientras el mercado libre se queda como el villano oficial al que culpar de todo. El mensaje de fondo es claro: si quieres algo de seguridad jurídica frente a impagos, pasa por el aro del precio político, el índice estatal y la gestión autonómica. Un paso más en la misma dirección: menos mercado de verdad, más dependencia del Estado y más presión indirecta sobre la oferta privada de vivienda. ✅¿Necesitas un PSI (Personal Shopper Inmobiliario) para acompañarte a invertir en bienes raíces en la Com.Madrid?: magnatesladrillo@gmail.com✅Si vas en serio «La Biblia del Magnate del Ladrillo» está AQUÍ✅

FOMC cut rates by 25bps to 3.50-3.75%, as expected, while the vote split was 9-3, as Miran voted for a 50bps cut. Goolsbee and Schmid voted for unchanged.Fed said it is to assess incoming data, evolving outlook and balance of risks in considering the extent and timing of further adjustment (tweaked from “in considering additional adjustments”), and it will monitor implications of incoming information for the economic outlook.Powell said adjustments to rates since September should help stabilise the labour market and keep pressure down on inflation, while the Fed is well positioned to determine adjustments to rates, and rates are now in a plausible range of neutral.Powell also noted there is a lot of data due before the next meeting, and the Fed can wait and see how the economy evolves when asked about whether the 'risk management' phase of rate cuts is over.APAC stocks were ultimately subdued after failing to sustain the early positive momentum from the dovishly perceived FOMC; US equity futures gave back their post-FOMC spoils as tech/AI concerns were stoked following a slump in Oracle shares.European equity futures indicate a softer cash market open with Euro Stoxx 50 futures down 0.1% after the cash market closed with losses of 0.2% on Wednesday.Looking ahead, highlights include Swedish CPI (Nov), US Initial Jobless Claims (6 Dec, w/e), SNB/CBRT Rate Announcements, IEA OMR, OPEC MOMR, Speakers including SNB's Schlegel, BoE's Bailey, ECB's de Guindos, Supply from Italy & US, Earnings from Broadcom, Costco & lululemon.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks were mostly subdued amid cautiousness ahead of today's Fed policy decision and dot plots, while the region also digested the latest Chinese inflation data.China is buying US soybeans again, but is reportedly falling short of the goal set by the Trump trade agreement, according to CNBC.US Trade Representative Greer said China's rare earths continue to flow and expects to sign more trade deals over the coming weeks.US President Trump is to kick off the final round of Fed Chair interviews this week, while senior administration officials said Kevin Hassett remains in pole position to succeed Powell as Fed Chair, according to the FT.European equity futures indicate a marginally lower cash market open with Euro Stoxx 50 futures down 0.2% after the cash market finished with losses of 0.1% on Tuesday.Looking ahead, highlights include Norwegian CPI (Nov), US Employment Costs (Q3), BoC/FOMC/BCB Rate Announcement. Speakers include BoE's Bailey, ECB's Lagarde, BoC's Macklem & Fed's Powell. Supply from the UK. Earnings from Oracle, Adobe & Synopsys.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks were subdued following the lacklustre lead from Wall Street, with markets cautious ahead of the FOMC policy announcement on Wednesday.US President Trump announced that he informed Chinese President Xi that the US will allow NVIDIA (NVDA) to ship its H200 products to approved customers.RBA unsurprisingly kept the Cash Rate unchanged at 3.60%, although comments from RBA Governor Bullock at the press conference leaned hawkish.Ukrainian President Zelensky said talks in London were productive and there is small progress towards peace.European equity futures indicate an uneventful cash market open with Euro Stoxx 50 futures -0.1% after the cash market closed flat on Monday.Looking ahead, highlights include German Trade Balance (Oct), US Average Weekly Prelim Estimate ADP (4-week, w/e 22 Nov), JOLTS (Sep), EIA STEO, Speakers including ECB's Nagel, BoJ's Ueda, BoE's Ramsden, Lombardelli, Mann, Dhingra & RBNZ's Breman, Supply from UK & US, Earnings from GameStop.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump announced that he informed Chinese President Xi that the US will allow NVIDIA (NVDA) to ship its H200 products to approved customers. Though the FT reported that China is set to limit access of NVIDIA's H200 chips; NVDA shares off best levels, last +0.5%.European bourses are broadly lower, US equity futures are mixed with the NQ dipping into modest negative territory after the FT report on NVIDIA.DXY hovers around 99.00, Antipodeans rise post RBA, and JPY remains subdued, but did gain on Ueda-FX related commentary.Global paper was initially subdued but now firmer, OATs await French vote.Crude benchmarks trade rangebound ahead of the EIA STEO, Copper continues to pull back from ATHs.Looking ahead, highlights include US Average Weekly Prelim Estimate ADP (4-week, w/e 22 Nov), JOLTS (Sep), EIA STEO, Speakers including BoE's Ramsden, Lombardelli, Mann, Dhingra & RBNZ's Breman, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

After a fun week in Östersund full of fan favorite performances we already have so much to talk about! In this episode we discuss: - The incredible women's Pursuit contested with our some of our personal favorite athletes - Suvi Minkkinen with a career weekend takes Yellow - Lisa Hauser looks better than she has in several years - Dorothea Wierer is ready for an Olympic capstone to her career - What to make of the preseason favorites easing their way into the season and a few athletes quietly flying under the radar - Norwegian men are still dominant even without the Boe brothers - Swedish women...how do they balance their talent? And more!

European bourses attempt to move higher after initial pressure, US equity futures trade with modest gains.USD is flat, EUR and NZD manage to hold towards the top of the G10 pile.Global bonds pressured, Bunds hit on hawkish remarks via ECB's Schnabel, who said that she is 'comfortable' on bets that the next move will be a hike, albeit not any time soon.Crude benchmarks retreat despite a lack of drivers, XAU grinds higher and 3M LME Copper benefits after positive Chinese exports data, though Imports disappointed.Looking ahead, highlights include ECB's Cipollone, BoE's Taylor & Lombardelli, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

EUR/USD gained, while DAX and Bund futures fell as ECB's Schnabel said she is 'comfortable' on bets that next move will be a hike.APAC stocks were mixed following a lack of major macro drivers over the weekend and with markets tentative ahead of this week's risk events, while participants also digested data, including the latest Chinese trade figures.USD/JPY briefly retreated beneath the 155.00 handle amid a softer buck and as the latest wages data from Japan supported the case for a December BoJ rate hike, although Q3 GDP revisions were disappointing and showed a wider-than-feared contraction.Chinese trade data showed a stronger-than-expected recovery in Exports, but Imports disappointed.European equity futures indicate a slightly softer cash market open with Euro Stoxx 50 futures down 0.2% after the cash market closed with gains of 0.1% on Friday.Looking ahead, highlights include German Industrial Output, EZ Sentix, Comments from ECB's Cipollone, BoE's Taylor & Lombardelli, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

UTP392 No es la baliza V16, son tus datos Sean bienvenidos a Buscadores de la Verdad, esta vez emitiendo en directo desde el canal UTP Ramón Valero, aqui en Telegram. Ya saben que no nos gusta tratar los temas de actualidad que consideramos están ahí para distraernos de lo realmente importante, pero creo que en esta ocasión es necesario aclarar algunos puntos sobre la imposición de la nueva baliza V16. En casa de mis padres recibiamos la revista gratuita de la Dirección General de Tráfico (DGT), conocida actualmente como Revista Tráfico y Seguridad Vial (anteriormente Revista Tráfico), ha estado operativa en formato papel desde 1985 hasta 2006 donde paso a ser enviada de manera online a través de una renovación en la suscripción. Esta operación de ahorro fue casi una de las primeras cosas que acometió el director de la DGT actual, Pere Navarro, en su primera etapa del 2004 al 2012. Pere Navarro impulsó una de las campañas de publicidad vial más impactantes y polémicas de la historia de España, conocida por sus anuncios televisivos extremadamente dramáticos y crudos, como “La muerte no avisa”, “Víctimas 3D” o los spots que mostraban accidentes reales reconstruidos con gran realismo y testimonios desgarradores de víctimas y familiares. Esta estrategia de “shock advertising”, inspirada en modelos australianos y británicos, buscaba generar un impacto emocional profundo para cambiar conductas. Los resultados fueron espectaculares: en 2003, antes de su llegada, España registraba 5.399 fallecidos en carretera; al final de su mandato, en 2011, la cifra había caído hasta los 1.867 muertos, lo que supuso una reducción del 65 % en solo ocho años, la mayor bajada histórica registrada en tan poco tiempo. A esta campaña se sumaron medidas como la implantación del permiso por puntos (2006), el endurecimiento de sanciones y los radares de tramo, consolidando el periodo 2004-2012 como la etapa de mayor descenso de la siniestralidad vial en España. A partir de 2014, apenas dos años después de la salida de Pere Navarro, la siniestralidad vial en España rompió la tendencia descendente que había sido constante desde 2003 y comenzó a repuntar de forma sostenida: de los 1.688 fallecidos registrados en 2013 (el mínimo histórico) se pasó a 1.830 en 2019 y, tras el paréntesis de la pandemia, a 1.746 en 2023 y 1.795 en 2024 (datos a 31 de diciembre provisional). Este incremento ha alejado definitivamente al país de la hoja de ruta marcada en la Estrategia de Seguridad Vial 2011-2020 y de las previsiones que la DGT presentó en 2006, cuando, sobre la inercia del permiso por puntos y las campañas de choque, se calculaba que España alcanzaría en 2020 menos de 1.000 fallecidos anuales y se situaría por debajo de la media europea más exigente. En 2025 la cifra real duplica prácticamente aquel objetivo y España ha pasado de ser uno de los países que más rápidamente reducían víctimas a situarse en la zona media-baja de la UE, con una tasa de mortalidad por millón de habitantes que ya no mejora desde hace una década y que en 2024 (38 fallecidos por millón) se encuentra muy lejos de los líderes como Suecia (22) o Noruega (26). Por eso en 2018 se vuelve a contratar a la superestrella para ver si se puede rascar algo. La cuestión es que en un pais en deficit, las carreteras se van deteriorando y el mantenimiento es cada vez mas escaso, a la vez que el parque automovilístico envejece por no poder renovarlo y aumentan el numero de conductores procedentes de países del tercer mundo mientras que el parque tecnológico de control vial de la DGT y las comunidades autónomas con competencias transferidas es uno de los más densos y avanzados de Europa. Actualmente operan los siguientes sistemas: Radares fijos: más de 1.400 visibles, los cinemómetros clásicos en pórtico o poste, Veloláser que la DGT rota entre cabinas vacías para que no se sepa exactamente dónde están. También unos 80 “de baja altura” u ocultos. La DGT tiene un plan para instalar 122 nuevos puntos de control de velocidad a lo largo de 2025. Radares de tramo: 92 tramos operativos en 2025 con unos 232 radares, que miden la velocidad media entre dos puntos. Cubren unos 1.200 km de vías de alta capacidad. Radares móviles: unos 700 dispositivos (la mayoría Veloláser de última generación) usados por Guardia Civil y policías autonómicas/municipales. Pueden instalarse en trípode, en el guardarail, dentro de coche camuflado, motos camufladas y camiones o incluso en coche en movimiento (sin parar). El total de radares en España (todos los tipos, incluidas competencias autonómicas/ayuntamientos) es de 3.395 dispositivos en algún estudio reciente de 2025. Cámaras de cinturón y móvil: desde 2021 se han ido instalando progresivamente. En 2025 hay más de 400 cámaras certificadas que detectan simultáneamente el no uso del cinturón y el manejo del móvil. Funcionan día y noche y ya sancionan automáticamente. Cámaras de reconocimiento de matrículas (OCR): más de 1.200 instaladas en pórticos, postes y coches patrulla. Sirven para: Controlar vehículos sin ITV o sin seguro. Detectar coches robados o reclamados judicialmente. Vigilar el acceso a Zonas de Bajas Emisiones (ZBE) de las ciudades. Hacer seguimiento de flotas y detectar infracciones reiteradas. Cámaras fijas de 360º: Se estima que hay al menos 1.492 cámaras fijas de tráfico distribuidas en unas 150 carreteras de la red nacional y autonómica, muchas de las cuales incorporan tecnología PTZ (pan-tilt-zoom) que permite una visión panorámica de 360 grados para ofrecer imágenes en movimiento de alta resolución, tanto para agentes como para el público a través de herramientas como Infocar de la DGT. A esto debemos sumar las que existan en Cataluña y Pais Vasco dentro de sus propios sistemas de trafico y las operadas por operadores privados en autopistas. Cámaras en peajes y pórticos “Free-Flow”: desde la supresión de peajes físicos en muchas autopistas (AP-7, AP-4, etc.), se han instalado cientos de pórticos con cámaras 3D que identifican la matrícula delantera y trasera y miden velocidad instantánea al mismo tiempo. Detectores de kamikazes: desde 2022 se han instalado más de 120 sensores en autovías y autopistas de doble calzada (principalmente Cataluña, Valencia, Andalucía y Madrid). Son cámaras y sensores LIDAR que detectan vehículos circulando en sentido contrario en menos de 15 segundos y activan paneles luminosos con la alerta “KAMIKAZE” y avisos a la Guardia Civil. En 2024-2025 se ha ampliado el despliegue a Galicia, Castilla y León y Aragón. Drones: la DGT dispone de 39 drones Pegasus con cámara 4K y zoom de 180x que vigilan especialmente en operaciones especiales, carreteras secundarias y eventos masivos (Semana Santa, verano, puentes). Helicópteros: 9 helicópteros en activo y 2 en proyecto equipados con radar Pegasus que pueden controlar hasta 8 carriles simultáneamente y sancionar mientras vuelan a 300-400 km/h de velocidad. Todo este arsenal tecnológico ha permitido que en 2024 se formularan más de 5,5 millones de denuncias automatizadas (el 92 % del total), pero también ha generado la sensación de que, pese a la vigilancia masiva, la mortalidad no baja desde hace diez años, lo que ha llevado a debates sobre si el enfoque exclusivamente sancionador y tecnológico ha tocado techo y necesita complementarse con otras medidas (educación, diseño de carreteras más seguras, renovación del parque móvil, etc.). Pues a todo este despliegue monstruoso de control viene a sumarse una triste lucecita para poner en el techo con la excusa de salvar 25 vidas por atropellos en las carreteras, en palabras textuales de la DGT: "La sustitución de los triángulos está justificada por motivos de seguridad vial, al considerar el riesgo de atropello que supone la colocación de los triángulos por tener que andar, al menos, 100 metros por la calzada sin que haya garantía de que se mantengan en su sitio una vez colocados.” "Con el propósito de avanzar en el ámbito de la seguridad vial y la reducción de accidentes, nace el dispositivo V16.” Según el director general Pere Navarro: "La implantación de la V16 conectada supone un salto adelante y nos sitúa como referentes europeos en seguridad vial. Permite señalizar sin salir del vehículo, evita riesgos innecesarios y aporta información vital a los demás usuarios de la vía." "El objetivo de implantar este nuevo dispositivo de preseñalización en los vehículos es mejorar la seguridad vial, intentando reducir los accidentes de tráfico, sobre todo los provocados por vehículos inmovilizados y estacionados en el arcén.” Os leo textualmente los apartados del articulo 130 del Reglamento General de Circulación de España publicado en el BOE en el Real Decreto 159/2021, de 26 de febrero, dice así: Artículo 130. Señalización e inmovilización de vehículos. 1.Los conductores deberán señalizar la situación de peligro creada por la avería de su vehículo o por el accidente sufrido, adoptando las medidas necesarias para su propia seguridad y la de sus acompañantes, y para la de los demás usuarios de la vía. 2.Si el vehículo o la carga obstaculizan la calzada, deberán señalizarse y retirarse lo antes posible. En tanto no se haya producido la retirada, el vehículo deberá estacionarse de acuerdo con lo dispuesto en el artículo 91.2. 3.En caso de accidente o avería, como norma general, los ocupantes deberán abandonar el vehículo y situarse en un lugar seguro fuera de la calzada, por el lado contrario a la circulación, sin invadir los carriles de circulación ni el arcén. En el supuesto de que no exista un lugar seguro, los ocupantes deberán permanecer dentro del vehículo con el cinturón de seguridad abrochado. 4.Mientras se efectúen las actuaciones para retirar el vehículo de la vía, se utilizará el dispositivo de preseñalización de peligro reglamentario. 5.No se efectuará el atestado del accidente en la calzada, debiendo realizarse en un lugar seguro fuera de la vía. Juan Carlos Toribio, ex-Guardia Civil representante de la Unión Internacional para la Defensa de los Motociclistas nos dice claramente en un video que estamos obligados a señalizar en caso de obstruir la calzada, esto es, la zona por donde circulan los coches y no si logramos detenernos en el arcén. Desgraciadamente nos lo dejan claro en el articulo Artículo 91. Inmovilización del vehículo en casos de emergencia o de peligro. Donde en su apartado 2 se dice: 2. Cuando, por emergencia, el vehículo haya de permanecer detenido o estacionado en la calzada o en el arcén, el conductor estará obligado a adoptar las medidas necesarias para que resulte perfectamente perceptible y para que se retire lo antes posible de la vía. Volviendo al tema de los accidentes mortales que nos han traído hasta aqui, no hay un informe monográfico que confirme cuántos de estos incidentes fueron directamente por colocar o retirar los triángulos, ni cuántos involucraron a conductores particulares versus trabajadores profesionales de la carretera (como operarios de mantenimiento vial, grúas o servicios de emergencia, que representan un subgrupo significativo de peatones expuestos en arcenes, según el Registro Nacional de Víctimas de Accidentes de Tráfico). La propia DGT admite en comunicados que "no existen estudios específicos que determinen cuántas de esas víctimas lo fueron al colocar los triángulos", y expertos independientes, como en análisis de 2025, cuestionan la precisión de la cifra de "25" como aproximada y no exacta, sugiriendo que podría inflar el riesgo para justificar la baliza V-16. En su lugar, la justificación se basa en informes agregados como la Instrucción MOV-2023/15, que destaca el "notable incremento del riesgo de atropello" en autopistas/autovias por transitar el arcén, sin desglose laboral, y en la Estrategia de Seguridad Vial 2030, que agrupa estos datos en categorías amplias de "peatones vulnerables en vías interurbanas" sin diferenciar perfiles profesionales. La Estrategia de Seguridad Vial 2030 de España, aprobada en diciembre de 2021 por el Consejo de Ministros, se presenta oficialmente como la contribución nacional al cumplimiento del Objetivo de Desarrollo Sostenible 3.6 de la Agenda 2030 de Naciones Unidas, que establece textualmente: «Para 2030, reducir a la mitad el número de muertes y lesiones causadas por accidentes de tráfico en el mundo». La propia DGT lo reconoce así en su documento oficial: «Esta Estrategia se alinea con la Agenda 2030 para el Desarrollo Sostenible y, en concreto, con la meta 3.6», y adopta el mismo horizonte temporal (2030) y el mismo objetivo cuantitativo: reducir un 50 % las víctimas mortales y los heridos graves respecto a la base 2019 (1.755 fallecidos y 8.558 heridos graves hospitalizados). Además, incorpora explícitamente los principios de la Agenda 2030 (Visión Cero muertes y lesiones graves, Sistema Seguro, enfoque basado en datos, gobernanza multinivel y participación de la sociedad civil) y se integra en el marco europeo del Plan de Acción de Seguridad Vial 2021-2030 de la Comisión Europea, que también toma como referencia la meta 3.6 de la ONU. En resumen, la Estrategia española no es solo un plan nacional de tráfico, sino la herramienta con la que España pretende cumplir formalmente su compromiso internacional asumido al firmar la Agenda 2030 en septiembre de 2015. Vivimos en un país donde la esquizofrenia política roza lo caricaturesco: hace solo cinco meses, el 16 de junio de 2025, Vox presentó y defendió en el Congreso una Proposición No de Ley con el nombre “la mejora de la seguridad de los trabajadores que prestan servicio en carretera” y pidió acelerar la obligatoriedad de la baliza V-16 conectada (la misma que ahora llaman “nuevo impuesto encubierto”), logrando su aprobación con los votos del PP, los votos en contra del PSOE y todos sus socios y la abstención de Junts. Su entonces portavoz de Tráfico, Francisco José Alcaraz —el ex-peluquero convertido en diputado—, llegó a calificarla de “tecnología innovadora que salvará vidas” y exigió al Gobierno que no retrasara más su implantación definitiva. Hoy, el mismo partido pide la paralización inmediata de la medida que él mismo forzó, demostrando que en España la coherencia política tiene menos recorrido que un triángulo de emergencia en plena autovía. En 2026, cuando se haga efectiva la obligatoriedad de este nuevo artefacto de control, llevaré 40 años conduciendo por las carreteras de España y de Europa. 4 décadas en las que he visto muchas cosas en los mas de un millón de kilómetros recorridos a una media de 25.000 km al año. He tenido que usar muchas veces la señalización pasiva que ofrecen los triángulos y he visto su eficacia de noche, a pleno sol, en curvas, cambios de rasante y todo tipo de condiciones atmosféricas. Sin embargo Pere Navarro no habrá conducido ni un solo kilometro ya que nunca ha tenido carnet de conducir y siempre ha tenido chofer particular, como político estrella que ha sido. Las condiciones meteorológicas o la cobertura impedirán en un montón de ocasiones que este flan Dhul con luces sirva para algo. Hay muchas carreteras en España, incluidos trozos de autovías, donde no hay cobertura y por tanto no funcionara la geolocalización. Y este cacharro como bien dice AlainCreaciones no es a prueba de agua. La carcasa de plástico es de una calidad muy baja con pestañas de acople, sin tornillos lo que hace que la baliza tenga una protección mínima exigida por el BOE de IP54 aunque existan algunas con IP66 que ya garantizan protección contra polvo y lluvia intensa. En situación de lluvia las de menor IP tendrán fallo electrónico garantizado. Por no hablar de la durabilidad de las pilas que según el pliego de características técnicas de los dispositivos de preseñalización V-16 establecidas por la Dirección General de Tráfico (DGT) en su normativa de homologación (Instrucción MOV-2023/15 y requisitos de certificación UNE-EN 12352), la duración mínima exigida a los fabricantes para la pila o batería es de 18 meses de vida útil en reposo, independientemente de si se trata de pilas alcalinas no recargables o baterías de litio recargables. Esta especificación garantiza que el dispositivo permanezca operativo sin uso durante al menos ese periodo desde su fabricación o última carga completa, complementada con una autonomía mínima de 30 minutos de funcionamiento continuo una vez activado para emitir luz intermitente de alta intensidad. El fabricante entre otros muchos datos recibe el estado de nuestras baterías en la baliza, me pregunto para que, lo que levanta las sospechas de que el software pueda hacer otras cosas a parte de simplemente marcar el punto del accidente. Una vez agotadas, la V16 es como dice Rose Saint Olaf (ManzanaDori) un flan Dhul en el techo del coche. Eso en el mejor de los casos, porque una batería de litio dejada al sol en pleno verano en España puede terminar en tragedia, así que mejor a pilas entrecomillas “de toda la vida” que lo máximo que harán será sulfatarse y estropear la electrónica. Os puedo asegurar que en mis 40 años al volante he necesitado indicar mi avería en la carretera durante bastantes horas en alguna ocasión. Los triángulos, como he dicho anteriormente otorgan una seguridad mediante elementos pasivos, reflectantes, que no necesitan de una fuente de energia externa para funcionar y se ven desde bastante mas distancia que este flan Dhul a pilas. Entonces, si la DGT no ha demostrado con datos desglosados y públicos que esos 25 atropellos anuales se deban realmente a la colocación de triángulos (y no a otros factores como reparaciones, cambios de rueda o trabajadores en la vía), si la baliza V16 conectada no mejora la visibilidad respecto a las versiones no conectadas ya permitidas desde 2021 algunas como las V2 con sirenas giratorias enchufadas al encendedor del vehículo, y si su principal ventaja (la geolocalización) solo será obligatoria a partir de 2026 y aún no está plenamente operativa en todos los navegadores y paneles… ¿por qué se impone de forma tan drástica y urgente una medida que obliga a 30 millones de conductores a gastar entre 25 y 60 € en un dispositivo nuevo, que genera rechazo masivo por la sensación de impuesto encubierto, que se ha comunicado de forma confusa y tardía, y ha sido alimentada por bulos (chip de seguimiento, multas automáticas, negocio de empresas afines, etc.) que la propia DGT no ha desmentido con la claridad y antelación necesarias? La pregunta no es si la V16 es útil o no; es por qué se ha convertido en símbolo de una gestión autoritaria, poco transparente y desconectada de la realidad de la ciudadanía. Y aqui es donde debemos sospechar que la DGT simplemente está trabajando para otras entidades supranacionales que son las que verdaderamente están detrás de la implementación de la Agenda 2030 como he comentado antes. Eso sí, gracias a esta tecnologia la DGT obtendría algún beneficio oculto a simple vista. Vamos a analizar los datos que nos permiten asegurar sin ningún genero de dudas lo que se esconde aqui. Es verdad que algunas balizas V-16 conectadas (no todas) incluyen o recomiendan la instalación de una aplicación móvil específica del fabricante para acceder a funcionalidades adicionales, como la confirmación de recepción de alertas por la DGT, el aviso automático a contactos de emergencia vía WhatsApp, la gestión de flotas o la verificación del estado del dispositivo. En estos casos, la app sí puede solicitar datos personales del usuario (nombre, email, teléfono) y del vehículo (matrícula, tipo, bastidor o datos del seguro) para vincular la baliza a un perfil concreto y personalizar el servicio, lo que facilita la integración con plataformas como DGT 3.0 o apps de aseguradoras. Ejemplos incluyen la app SOS Alert de FlashLED/Telefónica Tech, que pide estos datos para "toda la información de tu vehículo en la APP", o apps de marcas como SOOS o LEDONE, donde se registra la matrícula para asociar la geolocalización en emergencias. Sin embargo, esto no es un requisito obligatorio de la DGT ni para la homologación ni para el uso básico de la baliza: la normativa (Instrucción MOV-2023/15) establece que el dispositivo funciona de forma autónoma con su chip GPS y SIM integrada, transmitiendo solo la ubicación anónima (sin matrícula ni identidad) a la plataforma DGT 3.0 al activarse, sin necesidad de apps, registros previos o cesión de datos a la Administración. La Agencia Española de Protección de Datos (AEPD) lo confirma explícitamente: "Para mandar la ubicación del vehículo incidentado no es necesario instalar ninguna aplicación", y "la baliza no transmite ningún tipo de datos personales ni relacionados con el vehículo" más allá del identificador técnico anónimo de cada baliza. La DGT advierte que las apps de fabricantes son opcionales y que el comprador "no tiene por qué facilitar ningún tipo de dato", ya que el proceso es completamente anónimo. O sea, la baliza tiene una ID única que la identifica, lo cual podría permitir anexar datos a esa ID, algo asi como el numero PNR que cada uno de nosotros tenemos asignados aunque ni siquiera seamos conscientes de ello. El reciente ciberataque a la Dirección General de Tráfico (DGT), detectado el 31 de mayo de 2024, ha expuesto los datos personales y vehiculares de más de 34 millones de conductores españoles, incluyendo DNIs, direcciones, matrículas y detalles de seguros, que ahora circulan en el dark web para su venta. Este incidente pone de manifiesto la creciente vulnerabilidad de los sistemas públicos ante amenazas cibernéticas, y genera preocupación sobre cómo estos datos podrían cruzarse con otros registros estatales para un seguimiento más exhaustivo de la movilidad ciudadana. Por ejemplo, al entrar en vigor la obligatoriedad de las balizas V16 –dispositivos que transmiten la ID única y la geolocalización en caso de avería–, surge la posibilidad de que se integren con la información filtrada de la DGT, permitiendo un mapeo detallado de trayectos vehiculares en tiempo real. A esto se suma que el Estado ya nos tiene en listas a través del Registro de Nombres de Pasajeros (PNR), implementado tras el 11S, que recopila datos de todos los vuelos de entrada, salida o escala en España, viajes en tren de largo recorrido y pernoctación en hoteles para fines de seguridad, abarcando identidades, itinerarios y preferencias de viaje. Podrán encontrar más información en los enlaces que se publicaran junto a la descripción de este podcast en Ivoox. Pero, sigamos. Según la Dirección General de Tráfico (DGT), en su página oficial sobre los Dispositivos de preseñalización V16, se debe llevar la baliza de la siguiente manera para evitar multas: "Debemos llevarla en la guantera de nuestro vehículo". Esto implica que, a partir del 1 de enero de 2026, cuando sea obligatoria, todo conductor estará sancionado con 80 euros (infracción leve) si no dispone de ella homologada y lista para usar en su interior, accesible y con batería o pila en buen estado (mínimo 18 meses de vida útil en reposo). Respecto a "activada", la DGT aclara textualmente que "en el momento en que tengamos que señalizar que nuestro vehículo está inmovilizado en carretera, lo único que debemos hacer es encender la baliza y colocarla en el exterior del mismo. Por eso es tan importante que la guardes a mano y que la lleves siempre cargada, ya sea con baterías o con pilas, en función del modelo de la baliza que hayas adquirido”. Bien. La baliza solo dispone de un único botón, se trata de un pulsador que activa inmediatamente las luces led y la geolocalización de la baliza a los 100 segundos de la pulsación. Con otra pulsación la apagamos y supuestamente deja de enviar nuestra geolocalización. Pero esto se ha demostrado falso ya que se le han realizado pruebas donde se ve que el router eSIM que monta emite datos estando apagada pero con las pilas puestas. Se ha elegido este tipo de transmisión de datos ya que hace que sea imposible evitar su funcionamiento extrayendo la tarjeta SIM que esta integrada en dicho modulo electrónico. Los desmontajes de las balizas han arrojado que solo disponen de un controlador de software, una antena GPS y este router de comunicación. Dicha comunicación es full duplex y permite la salida y entrada de datos asi como existe en la placa base de la baliza un sistema de introducción y extracción de datos manual y actualización del firmware. Todo el software está encriptado dentro del chip controlador y hasta donde yo se todavía ningún hacker ha podido desvelar exactamente que hace dicho software, pero debemos sospechar que podría hacer algo más que comunicar anónimamente nuestra geolocalización tras pulsar el botón. Leemos un articulo en bandaancha punto eu titulado “El dominio al que las balizas V-16 envían datos no pertenece a la DGT, sino a un misterioso usuario particular”. “Los más de 30 millones de balizas V-16 que tendrán que adquirir los propietarios de vehículos para cumplir con la normativa que entra en vigor el 1 de enero, no están programadas para llamar directamente a los sistemas de la DGT cuando se activan para señalizar la detención de un vehículo. La Resolución de la DGT publicada en noviembre de 2021 en el BOE que define el funcionamiento técnico de las balizas1, establece 2 protocolos, Protocolo A y B. El llamado protocolo A contiene el conjunto de campos que se exige a los fabricantes que remitan sus balizas. Entre los campos encontramos un identificador único de la baliza, el IMEI del módem que conecta con la red móvil, nivel de batería y por supuesto, las coordenadas geográficas que permiten a la DGT conocer la posición sobre el mapa del vehículo. Pero esta información no llega a los servidores de la DGT. La norma obliga a los fabricantes a mantener un servicio en la nube encargado de procesar todas las peticiones que llegan de las balizas de su marca como tráfico UDP sobre IP. El servidor es accesible mediante un APN privado integrado en la eSIM de la baliza, que no tiene acceso a internet. Este punto crítico para el funcionamiento de todas las balizas de un fabricante deberá mantenerse en funcionamiento durante los 12 años en los que se garantiza el servicio de conectividad. La caída del servicio de un fabricante, bien por problemas técnicos o por el cierre de la empresa, algo que podría ocurrir más fácilmente con las marcas creadas ad-hoc para aprovechar el boom de la venta de balizas, dejaría fuera de juego a las miles de balizas de la marca. Es por ello que el pliego técnico del concurso en el que se adjudicó la creación de la DGT 3.0 a un grupo de empresas lideradas por Vodafone, contemplaba la posibilidad de habilitar sistemas de respaldo para los fabricantes. Los servidores del fabricante de la baliza son los encargados de, en un segundo paso, reenviar los datos de un incidente en curso a los servidores de la DGT. Lo hacen aplicando el protocolo B, que a día de hoy contiene un conjunto reducido de los datos originalmente enviados por la baliza a su fabricante. Cambiar los campos del protocolo A es prácticamente inviable, puesto que requeriría actualizar manualmente el firmware de las balizas. Mucho más sencillo resulta para la DGT vía publicación de nueva Resolución en el BOE modificar el protocolo B, ampliando si lo desea sus campos con los que ya reciben los fabricantes. El dominio de entrada a la DGT 3.0 está a nombre de un particular. La DGT invita a los fabricantes de dispositivos y desarrolladores de apps a conectarse a su nube DGT 3.0 publicando en su web2 los repositorios en Github que contienen los detalles para acceder al servicio. En el caso de las V-16, la nube de los fabricantes debe enviar los eventos de las balizas activas en formato json a una URL en concreto: https://pre.cmobility30.es/v16/ Aunque el subdominio pre probablemente indica que se trata de la versión del servicio habilitada para hacer pruebas antes de su paso a producción, el dominio cmobility30.es figura en la documentación de todas las APIs de la DGT 3.0, siendo por tanto un elemento crítico para el funcionamiento de la plataforma DGT 3.0. Sin embargo, la DGT no tiene la titularidad de este dominio. Al consultar el whois de cmobility30.es en los registro de Red.es no aparece como propietario la DGT ni otro organismo gubernamental. Tampoco la UTE (Unión Temporal de Empresas) designada para operar la DGT 3.0, si no que su titular es un misterioso usuario particular.” O sea, toda la arquitectura de registro de datos de un pais entero pasa por un servidor alojado en un dominio de internet a nombre de un tal Ivan Vega. Imagino que seria bastante fácil de tumbar en un ataque por hackers. Hemos visto varias cosas interesantes, esta decisión proviene de ámbitos superiores incluso a Europa por lo que va a ser muy difícil tumbarlo judicialmente y se busca algo mas que simplemente señalizar el punto donde se ha producido el accidente cosa que normalmente hace el propio accidentado con su movil, ya que la baliza no indica el punto al 112 por ejemplo, cosa que si debemos hacer nosotros. La baliza parece más bien un caballo de Troya para irnos acostumbrando a ser geolocalizados en el coche de forma constante en un futuro. Cosa que ya ocurre desde que empezamos a utilizar los teléfonos inteligentes, asi de tontos somos en realidad. La mejor forma de impedir su implementación es no comprar dichas balizas y arriesgarnos a ser multados con esos 80 euros. En mi experiencia en la carretera jamas se me pidió por parte de la Guardia Civil el que les mostrara los triángulos y se que muchos de ellos no ven con buenos ojos el haber pasado de unas medidas de prevención pasivas a una luz que necesita energia externa y que en muchos casos dejara de funcionar en apenas unos minutos. Visto que dichas balizas no tienen botón de apagado, ni tarjeta SIM que extraer para que no envíe datos, y que se nos exige llevar las pilas puestas recomiendo el aislarlas electromagnéticamente para impedir que puedan comunicar nuestra posición GPS mientras no la necesitemos para señalizar un accidente. Hay dos formas, o comprando una funda jaula de Faraday que nos costara lo mismo que una baliza o envolverla en tres o cuatro capas de papel de aluminio, también servirían esas bolsas que se utilizan en el supermercado para transportar comida en frio. Otra medida que los volvería locos es que intercambiaramos nuestras balizas con otros conductores ya que oficialmente nos dicen que los datos son anónimos aunque cada baliza cuente con un numero ID de identificación único. De momento no está claro si encender una baliza fuera de una vía donde circulen vehículos es un delito así que la saturación de las redes provocando eventos de encendido en masa también seria una buena forma de protesta. Conociendo los datos que ese protocolo B transmite en ultima instancia a la DGT no podemos asegurar que el fin ultimo sea conocer nuestra posición y velocidad en la carretera en la actualidad. Pero como he dicho, es muy probable que en un futuro, se utilicen dichos datos para empezar a implementar mas radares y controles en las zonas donde se incumplan los limites de velocidad, todo apunta a ello. Los datos son el oro en la actualidad, y más si son gratis. El actual director general de la DGT, Pere Navarro Olivella, fue alcalde de Terrassa entre 2000 y 2007 y ex líder del PSC del 2011 al 2014. Y por supuesto, como todo “buen político” fue “investigado" por un presunto delito de tráfico de influencias dentro del llamado caso Mercurio. La juez Beatriz Faura, del Juzgado de Instrucción número 2 de Sabadell, lo citó a declarar el 24 de febrero de 2016 sobre la ayuda que presto a un empresario amigo, Nicola Pedrazzoli, a obtener una concesión de un canal de TDT. El caso Mercurio ha tenido ramificaciones amplias, con imputaciones por cohecho, prevaricación y blanqueo aunque Pere Navarro ha quedado al margen de todo. En 2011, Pere Navarro, recién reincorporado como director general de Tráfico tras un breve paréntesis político, decidió trasladar su despacho y toda su unidad del edificio de la DGT en José Abascal 44 al número 28 de la misma calle, exactamente al mismo inmueble que él mismo había abandonado en 2007 para irse al 44. El argumento oficial fue “estar más cerca del secretario general del organismo” y mejorar la coordinación, una justificación que resultó ridícula para muchos: los dos edificios están a apenas 200 metros de distancia y ya estaban conectados internamente. El traslado fue percibido como un capricho personal sin ninguna utilidad real, especialmente en pleno pico de la crisis económica, con España sometida a recortes sociales y un desempleo del 21 %. El coste de esta operación rozó el millón de euros (según la información publicada por La Razón y nunca desmentida oficialmente): reformas integrales del despacho, mobiliario de lujo, nuevos archivadores, traslado de todo el personal del Observatorio Nacional de Seguridad Vial y acondicionamiento completo de la planta. En un momento en que el Gobierno exigía sacrificios a los ciudadanos y se recortaban prestaciones básicas, gastar cerca de un millón de euros en cambiar de edificio dentro de la misma calle para “estar más cómodo” se convirtió en uno de los símbolos más claros del despilfarro de ciertos altos cargos socialistas y alimentó durante años la imagen de Navarro como gestor poco sensible a la situación del país. Pero no vamos a terminar hundidos en el pesimismo, os voy a dar una buena noticia para variar. Y es que Aena, el operador estatal que lleva nuestros aeropuertos, ha tenido que desactivar el embarque biométrico tras recibir una sanción millonaria. Leemos en un noticia: “La Agencia Española de Protección de Datos, AEPD, ha condenado al operador aeroportuario Aena a una multa de 10 millones de euros y ha ordenado el cierre inmediato de todas las puertas biométricas de embarque. La razón de esta sanción estriba en que Aena no realizó una evaluación obligatoria de impacto en la protección de datos antes de introducir la tecnología que permite el reconocimiento de los pasajeros por su aspecto físico. Tras las quejas de los viajeros, la AEPD inició una investigación, que la ha llevado a condenar a Aena por no haber realizado la comprobación de los efectos que el reconocimiento biométrico puede tener en la protección da datos.” Desgraciadamente dicha agencia ha dado el visto bueno este mismo 20 de noviembre a las balizas V16 siempre y cuando, y leo textualmente: “estos dispositivos están destinados exclusivamente a la visibilización del vehículo accidentado y el envío de la ubicación de un incidente al activarse, prohibiendo expresamente que incorporen funcionalidades adicionales.” O sea, según ellos al más mínimo indicio de que hacen algo más dicha agencia las quitara de en medio. Sin embargo no han dicho ni mu sobre que el dominio por donde circularán los datos de millones de españoles este en manos de un tipo llamado Ivan Vega. Preparemonos para lo peor pero esperemos lo mejor. Os invito a que no compréis dicha lucecita y que desobedezcáis en masa una medida dictatorial como esta. De momento el señor Pere Navarro ya ha dicho que nos dará un periodo de gracia. En 2020, mientras todos mirábamos hipnotizados la tele y aplaudíamos a las ocho, el Gobierno lanzó en la sombra el mayor experimento de rastreo masivo jamás visto en España: un proyecto secreto del INE, la DGT y las grandes telecos (Movistar, Vodafone, Orange) para geolocalizar en tiempo real los 47 millones de móviles del país con una precisión de pocos metros. Sin pedir permiso a nadie, activaron la extracción masiva de datos de antenas y señales GPS anonimizadas… o eso nos contaron. Cada desplazamiento, cada salida al supermercado, cada viaje al pueblo quedó registrado y cruzado con bases de datos demográficas para crear mapas de colores que mostraban exactamente quién obedecía el confinamiento y quién no. Oficialmente era “para estudiar la movilidad durante la pandemia”; en realidad fue el ensayo general perfecto del sistema que hoy usa la DGT 3.0: la misma infraestructura que mañana recibirá la señal de tu baliza V16 conectada cuando te averíes… y que, casualmente, ya sabe perfectamente por dónde te mueves cada día sin que tú hayas hecho nada. El conejo ya estaba dentro del sombrero hace cinco años; ahora solo falta que enciendas la lucecita para que sepan exactamente dónde estás parado. Coincidencia, claro. ………………………………………………………………………………………. Conductor del programa UTP Ramón Valero @tecn_preocupado Canal en Telegram @UnTecnicoPreocupado Un técnico Preocupado un FP2 IVOOX UTP http://cutt.ly/dzhhGrf BLOG http://cutt.ly/dzhh2LX Ayúdame desde mi Crowfunding aquí https://cutt.ly/W0DsPVq …. Participantes ………………………………………………………………………………………. Enlaces citados en el podcast: AYUDA A TRAVÉS DE LA COMPRA DE MIS LIBROS https://tecnicopreocupado.com/2024/11/16/ayuda-a-traves-de-la-compra-de-mis-libros/ Baliza de Angel Gaitan proviene directamente de los guardiaciviles https://x.com/gisbert_ruben/status/1994144991539822895 La baliza envía datos pero no directamente a la DGT https://x.com/bricotienda/status/1993604138664345755 La super iluminación de una pila https://x.com/Anonymous_TA/status/1993197306276200712 He DESMONTADO la BALIZA V16 ¿Qué oculta realmente? https://www.youtube.com/watch?v=qb1zhS9M0ks&t=878s La V16 no es a prueba de Agua https://x.com/AlainCreaciones/status/1992536649189015876 El dominio al que las balizas V-16 envían datos no pertenece a la DGT, sino a un misterioso usuario particular https://bandaancha.eu/articulos/dominio-balizas-v-16-envian-datos-no-11583 Baliza V16 impulsada por VOX https://x.com/Davidmartin341/status/1992750051869814952 VOX exige la paralización inmediata de la imposición de la baliza V16 que esconde un nuevo impuesto contra los españoles https://gaceta.es/espana/vox-exige-la-paralizacion-inmediata-de-la-imposicion-de-la-baliza-v16-que-esconde-un-nuevo-impuesto-contra-los-espanoles-20251126-1305/ ¿Dónde envían datos las balizas V16? ¡No es a la DGT! https://www.youtube.com/watch?v=qx1tVTHLM48&t=3s Datos movilidad durante el COVID https://www.ine.es/covid/covid_movilidad.htm Las carreteras españolas ya tienen 3.395 radares, el mayor aumento desde 2021 https://www.coches.net/noticias/numero-radares-carreteras-espana ESTO ES RIDÍCULO: ¡No compres tu baliza V16 sin ver esto! "LA DGT incumple la ley constantemente" https://www.youtube.com/watch?v=17KZ6WLGPmQ LO QUE NO DEBERIAS SABER SOBRE EL PNR https://tecnicopreocupado.com/2019/03/14/lo-que-no-deberias-saber-sobre-el-pnr/ Qué datos suyos tienen los hackers de la DGT tras la filtración de 34,5 millones de usuarios https://es.euronews.com/my-europe/2024/06/01/que-datos-tuyos-tienen-los-hackers-de-la-dgt-tras-la-filtracion-de-345-millones-de-usuario Aena desactiva el embarque biométrico tras recibir una sanción millonaria https://www.tourinews.es/resumen-de-prensa/notas-de-prensa-destinos-turismo/aena-desactiva-embarque-biometrico-recibir-sancion-millonaria_4489851_102.html Nota informativa sobre la baliza V16 conectada, el dispositivo que deberán llevar los vehículos desde enero de 2026 https://www.aepd.es/prensa-y-comunicacion/notas-de-prensa/nota-informativa-sobre-baliza-v16-conectada ………………………………………………………………………………………. Música utilizada en este podcast: Tema inicial Heros Epílogo Sr.J - Transhumanismo https://youtu.be/VZhk7Wlh8ks?si=GRweMvokOtSwy57y

The ASX 200 slipped 10 points in quiet trade to 8624 (0.1%). Banks eased slightly with ANZ and NAB down around 0.7%. The Big Bank Basket up to $269.33 (0.3%). Other financials and insurers were firm, QBE up 1.1% and ZIP doing well, up 5.7%. Industrials wafted around, retailers fell with JBH and WES showing modest losses. REITs were slightly better, led by GMG and TLS had a good day as did REA. Technology stocks were mixed, WTC up 0.8% and XRO continuing to fall, off another 0.6%. The All-Tech Index rising 0.1%.In the miners, iron ore majors came under a little pressure, with RIO off 0.9%. Gold miners too were under some pressure as bullion drifted lower, NST down 1.4% and EVN off 2.1%. Lithium stocks were on a roll. PLS up 6.1% and LTR blasting 14.8% ahead on UBS upgrades and short covering. Uranium stocks down, modest losses only. BOE the exception falling 4.5%.In corporate news, NSR got an agreed bid from Brookfield-GIC at 286c. S&P have downgraded their credit outlook for ASX Ltd to “negative” from “stable”. TNE have backed the new CFO following his time with CTD.On the economic front, RBA meeting tomorrow, and almost a shoe-in for no change to rates. The AUD is trading at a 3-month high.Meanwhile in Asia, Japan up 0.5%, HK down 1.0% and China up 0.7%.10-year yields steady at 4.70%.US Futures – DJ up 18 points and Nasdaq up 66.Want to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

Send us a text◆ Private credit and equity to come under oversight for first time... ◆ ... as Bank of England eases burden on banks... ◆ ... amid global shift to lighten up on lenders, with ECB expected nextAlternative asset managers will finally come under the Bank of England's scrutiny, the central bank and regulator said this week. We discuss in detail how that will work and what the implications for the ballooning sector may be.Two days before it announced its plans, the BoE also lightened the regulatory load on the banks under its supervision — for the first time in a decade. We examine the relief on offer and whether it will affect the issuance of subordinated debt.We also consider the changes in their global context, with the EU and the US also looking to make their banks more competitive and better able to drive economic growth. We look at what the ECB might be about to reveal next week.

The Trump admin is reportedly preparing to hold a high-level meeting to decide whether to provide licenses to allow NVIDIA (NVDA) to export the H200 to China, according to FT.US President Trump said the meeting between Russian President Putin, Special Envoy Witkoff and Kushner was a reasonably good meeting and "we'll see what happens".Trump's aides and allies were said to be discussing the possibility of Treasury Secretary Bessent also leading the NEC, according to Bloomberg; Bond investors reportedly warned the US Treasury over picking NEC Director Hassett as Fed chair, according to FT.USD/JPY pared gains after hawkish BoJ sources via Reuters suggested the central bank is likely to raise interest rates in December.APAC stocks were mostly higher following the positive momentum from Wall Street; European equity futures indicate a positive cash market open with Euro Stoxx 50 futures up 0.6% after the cash market closed with gains of 0.2% on Wednesday.Looking ahead, highlights include Swedish CPIF, EZ Retail Sales, US Challenger Layoffs, Jobless Claims, Revelio Public Labor Statistics, Chicago Fed Labour Market Indicators (Final), Durable Goods, Factory Orders, Atlanta Fed GDP, BoE DMP. Speakers include BoEʼs Mann, ECBʼs Lane, Cipollone & de Guindos, Fedʼs Bowman. Supply from Spain, France & UK. Earnings from Kroger & Dollar General.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European equities opened higher, reflecting positive APAC momentum, though European news flow has been light. Central bank updates included hawkish BoJ sources alongside concerns about Hassett as Fed Chair. The BoJ is likely to raise interest rates in December in a government-approved move, according to Reuters and Bloomberg sources.DXY is trading near the lower end of its 98.798–99.029 intraday range, pressured by JPY strengthFixed income benchmarks are lower following the hawkish BoJ reports, though the associated softening in risk sentiment has provided a modest haven bid as the morning unfolded.Looking ahead, highlights include US Challenger Layoffs (Nov), Jobless Claims (w/e 29 Nov), Revelio Public Labor Statistics, Chicago Fed Labour Market Indicators (Final), Durable Goods (Sep), Factory Orders (Sep), Atlanta Fed GDP. Speakers include BoE's Mann, ECB's Lane, Cipollone & de Guindos, Fed's Bowman. Earnings from Kroger & Dollar General.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

USD hit and US yield curve steeper as Trump referred to Hassett as the "potential" next Fed ChairAPAC stocks mixed, only partially sustaining the Wall St. handover, where the NQ outperformedEUR and GBP both edged higher, AUD shrugged off disappointing Q3 GDPCrude contained, Kremlin said talks with the US were constructive but are no closer to resolving the situationLooking ahead, highlights include EZ/UK/US Services/Composite PMI Final (Nov), Swiss CPI (Nov), US ISM Services PMI (Nov), ADP National Employment (Nov), Import Prices (Sep), Industrial Production (Sep), NBP Policy Announcement, Speakers including BoE's Mann, ECB's Lagarde & Lane, Supply from UK, Earnings from Salesforce, Snowflake, Dollar Tree, Macy's & Inditex.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are broadly firmer, alongside modest strength across US equity futures; Marvell (+10%) benefits following its upbeat outlook for data-centre growth.DXY is softer and towards the round 99.00 mark as Trump referred to Hassett as the "potential" next Fed Chair, GBP top G10 performer, whilst CHF was briefly pressured post-CPI.Fixed benchmarks firmer but off highs as crude climbs. US yields steeper on Trump's Fed commentary.Crude grinds higher as traders digest the lack of progress from the Putin-Witkoff meeting; XAU trades rangebound; Copper extends to new ATHs.Looking ahead, US Services/Composite PMI Final (Nov), US ISM Services PMI (Nov), ADP National Employment (Nov), Import Prices (Sep), Industrial Production (Sep), NBP Policy Announcement, Speakers including BoE's Mann, ECB's Lagarde, Earnings from Salesforce, Snowflake, Dollar Tree.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

November was a whirlwind month for cryptocurrencies, and it seems that volatility is carrying over into December with Bitcoin posting its worst single day decline since March yesterday. Meanwhile, the head of the U.K.'s budget watchdog resigned after the OBR accidently released its report ahead of Chancellor Rachel Reeves' budget last week. And in an exclusive interview with CNBC, the Bank of England's Megan Greene laid out her outlook for the economy, and what she'd need to see in the labour market and inflation figures to prompt a rate cut.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US and Ukraine negotiations on Sunday focused on where the de facto border with Russia would be drawn under a peace deal, while the five-hour meeting was said to be difficult and intense, but productive, according to two Ukrainian officials cited by Axios.European and US equity futures are broadly on the backfoot, following on from a cautious mood in APAC trade.DXY is pressured by the stronger JPY following jawboning from Japanese officials and after BoJ Governor Ueda hinted at a December rate hike.Bonds were initially pressured following on from JGB downside, and then took a leg lower alongside Gilt underperformance soon after the European cash open.Crude futures benefit after OPEC+ holds output steady through Q1'26 and in reaction to further Ukrainian strikes in Russian oil refineries; 3M LME Copper surges to fresh ATHs above USD 11.2k/t, but has since scaled back given the risk tone and downbeat Chinese PMI figures.Looking ahead, highlights include US Manufacturing PMI Final (Nov), US ISM Manufacturing PMI (Nov), Saudi-Russia Business Forum, EU Supply. Speak from Fed Chair Powell (Fed Blackout) and BoE's Dhingra.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureTrump is bringing the country out of the Biden/Obama recession. The [CB] is trapped because they never expected Trump’s parallel economic system to be building at lightning speed. Trump is putting everything into place to transition the people from the [CB] which means we will not need the income tax. [DS] has now used one of it’s soldiers to begin the color revolution. The [DS] wants a civil war in the end and they are pushing it. Trump knows the playbook and this is why he took the path of waking the people up and building the counterinsurgency. The people must see who the true enemy is, only when the people see the enemy can we fight the enemy. Trump put all this into place for this moment. Economy https://twitter.com/KobeissiLetter/status/1994238315730473327?s=20   Challenger Gray spiked +99,010, to 153,074, the highest since March. This also marks the highest monthly number for any October in 22 years. All while employees notified of mass layoffs via WARN notices tracked by Revelio rose +11,912 last month to 43,626, the 2nd-highest in at least 2 years. US layoffs are accelerating. https://twitter.com/KobeissiLetter/status/1994222461252980749?s=20  percentage has persisted above 90% for 12 months. Such an elevated reading has been seen only a few times over the last 35 years. Over the last 2 years, global central banks have cuts rates 316 times, the highest reading in at least 25 years. To put this into perspective, there were 313 cumulative cuts in 2008-2010 in response to the financial crisis. Global monetary policy is easing. Amazing How Central Bank Money-Printing Reversed around the World after the Inflation Shock  Balance sheets of the Fed, ECB, BOJ, BOE, and central banks of China, Canada, Australia, Switzerland, and India as % of GDP.  The major central banks around the world have been unwinding their balance sheets for the past few years, even the Bank of Japan, which got a late start in 2024. Their balance sheets had swollen to grotesque proportions during the global QE frenzy that started in 2008, and QE-mania during and after the pandemic. But that has been getting unwound. The Bank for International Settlements (BIS), an umbrella organization owned by its member central banks, released its latest quarterly data on central bank balance sheets today. We'll look at the decline of the balance sheets of nine major central banks: Federal Reserve, European Central Bank, Bank of Japan, People's Bank of China, Bank of England, Central Bank of India, Bank of Canada, Reserve Bank of Australia, and the Swiss National Bank. In normal times, central-bank balance sheets, including the Fed's balance sheet, grew with the economy, as measured by GDP; and the ratio of total assets as a percentage of GDP back then was low and roughly stable over the years. Years of QE then caused the ratios to explode. And years of QT have now caused the ratios to shrink dramatically.   They're all seeing the same thing: A continued threat of inflation and massive distortions and risks in asset prices, including dangerous housing bubbles that are now deflating in some markets. So they've been removing some of the fuel, to walk back from those risks. Source: wolfstreet.com (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/WatcherGuru/status/1994194115467071830?s=20 Yes, President Trump did make that statement in a recent address (likely his Thanksgiving message to U.S. troops on November 27, 2025). Based on the video clip in the X post you linked, here’s the relevant excerpt from his remarks:“The next couple of years, I think we’ll substantially be cutting and maybe cutting out completely, but we’ll be cutting income tax—could be almost completely cutting it—because the money we’re taking in is going to be so large.”This aligns closely with the claim in the WatcherGuru post. Multiple news outlets have reported on the comments, confirming they are authentic and recent. For context, Trump has floated similar ideas about offsetting or replacing income taxes with tariff revenue multiple times during his campaign and presidency, though experts have questioned the feasibility due to the massive revenue gap (tariffs currently generate far less than income taxes). DOGE Geopolitical Globalist Germany's Firewall Against the AfD Collapses as Half the Country Now Open to Voting for Them For the first time since the party entered parliament about nine years ago, the anti-democratic cordon sanitaire around the right-wing, anti-globalist Alternative für Deutschland appears to have cracked wide open. According to the latest INSA/Bild poll, fewer than half of all German voters (just 49%) now say they would “never” vote AfD—down from a staggering 75% only a few years ago, This is nothing short of a historic breakthrough. Despite years of state-funded smear campaigns, constant domestic intelligence surveillance (Verfassungsschutz), court cases, job dismissals, bank account closures, repeated violence against party members by left-globalist extremists, and even serious discussions about banning the party outright, ordinary Germans are finally seeing through the propaganda and recognizing the AfD as the only serious opposition to a failing system. Source: thegatewaypundit.com    all the Liars and Pretenders of the Radical Left Media are going out of business! At the conclusion of the G20, South Africa refused to hand off the G20 Presidency to a Senior Representative from our U.S. Embassy, who attended the Closing Ceremony. Therefore, at my direction, South Africa will NOT be receiving an invitation to the 2026 G20, which will be hosted in the Great City of Miami, Florida next year. South Africa has demonstrated to the World they are not a country worthy of Membership anywhere, and we are going to stop all payments and subsidies to them, effective immediately. Thank you for your attention to this matter! War/Peace Zelensky sent aide to US talks to ‘protect’ him from corruption probe – media Zelensky appointed his chief of staff, Andrey Yermak, to head Kiev’s negotiating delegation in Geneva last weekend after learning that anti-corruption investigators were preparing a suspicion notice against the aide,The report comes amid fallout from a massive $100 million graft scheme involving the Ukrainian leader’s inner circle, including long-time associate Timur Mindich, who has been charged with running a kickback scheme in the energy sector and fled before the authorities could detain him.Surveillance of the Mindich case by the National Anti-Corruption Bureau of Ukraine (NABU) reportedly captured conversations involving Zelensky and Yermak, potentially implicating both. Source: sott.net https://twitter.com/MarioNawfal/status/1994307774860189739?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1994307774860189739%7Ctwgr%5Ee8d979a9c10fbfc326b32333d206fa988e9c3418%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F11%2Fnew-ukraines-anti-corruption-bureau-raids-home-andriy%2F   Zelensky's chief of staff. The latest raid comes days after a $100M bribery scandal rocked Ukraine's energy sector – but no official word yet if this is linked. Neither agency has commented on the raid yet.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      NATO states considering ‘cyber offensive' against Russia – Politico NATO's European members are reportedly considering joint offensive cyber operations against Russia, Politico reported on Thursday, citing two senior EU government officials and three diplomats. Western governments are assessing cyber and other options in response to alleged “hybrid attacks” by Moscow, according to the publication. Latvian Foreign Minister Baiba Braze told Politico that NATO must “be more proactive on the cyber offensive” and better coordinate their intelligence services. “And it's not talking that sends a signal – it's doing,” she said. In late 2024, NATO unveiled plans to establish a new integrated cyber defense center at its headquarters in Belgium, which is expected to go online by 2028. Stefano Piermarocchi, the head of cyber risk management within NATO's chief information office, told Breaking Defense that the new hub would enhance Source: rt.com Russian President Vladimir Putin Gives Remarkably Detailed Explanation of Current Peace Negotiation Status – Either Ukraine Concedes Diplomatically, or We Will Win Militarily Source: theconservativetreehouse.com Medical/False Flags [DS] Agenda https://twitter.com/RogerJStoneJr/status/1993883057414353293?s=20 https://twitter.com/RapidResponse47/status/1994206037998538849?s=20 https://twitter.com/AGPamBondi/status/1994194638421340290?s=20 https://twitter.com/VickieforNYC/status/1993899026651951335?s=20   foreign warzone. Yet almost every major lefty account is parroting this narrative. It’s bizarre. Like “of COURSE people are going to try and murder the National Guard, what did you expect to happen in Washington” Is this the narrative here? That Washington is Fallujah? Or is it that the left has declared a de facto state of war, and casualties are now just to be expected? It’s extremely bad either way. https://twitter.com/TheStormRedux/status/1994054785163522357?s=20  that the President said it's times to bring in more law enforcement to make sure that a city that had the 4th highest homicide rate in the country, that that violence was quelled. I'm not even gonna go there!” Liberals have been spending the last 12 hours trying to place the blame on Trump for bringing the NG to the city. Truly unbelievable how ungrateful these people are https://twitter.com/disclosetv/status/1993876798866653577?s=20 https://twitter.com/thevivafrei/status/1994116243154973175?s=20   intentions, everything takes on a whole new meaning. https://twitter.com/ZannSuz/status/1993859778414580217?s=20 https://twitter.com/JLRINVESTIGATES/status/1994214556671889810?s=20 https://twitter.com/DataRepublican/status/1994118842239610989?s=20   dive here. As always, patience as I pull together the thread: https://twitter.com/TPASarah/status/1994015487135514931 Sarah Adams@TPASarah Lakanwal, from Khost Province, Afghanistan, was a member of two CIA-supported units that operated under the National Directorate of Security (NDS) of the former Afghan Republic. Although these units belonged to the NDS on paper, their support and direction came directly from the Central Intelligence Agency (CIA). He served in Unit 01, a special military-intelligence unit responsible for the central zone provinces (Kabul, Parwan, Wardak, and Logar). His agency training in 2007 took place at CIA's Eagle Base near the Deh Sabz district of Kabul province, a few miles from Hamid Karzai International Airport (HKIA). Eagle Camp, originally built on an old brick factory site, became one of the CIA's most important counterterrorism training centers in the early 2000s. It trained the CIA-backed NDS units including NDS-01, NDS-02, NDS-03, NDS-04, NDS-KPF, and NDS-KSF, and also housed an ammunition depot and multiple facilities for sensitive operations. When U.S. forces left Afghanistan in 2021, Eagle Camp was among the final sites to be evacuated and demolished. It was later handed over to the Haqqani Network's suicide bomber brigade, the Badri 313. Badri 313 moved the suicide bombers through the gate areas of HKIA for the Abbey Gate attack that killed 13 of our servicemembers and approximately 170 Afghans on August 26, 2021. After completing training at Eagle Base, Lakanwal was transferred to the team supporting CIA's Kandahar Base. The site had a long militant history: it housed Mullah Mohammad Omar from 1994–2001, Osama bin Laden from 1998–2001, and later Camp Gecko from 2002–2021, which was used by the CIA and NDS-03. It served as the headquarters of the Kandahar Strike Force, which led CIA-backed counterterrorism operations in Kandahar, Uruzgan, and Zabul provinces against the Taliban, al-Qaeda, and ISIS. Lakanwal took part in counterterrorism missions alongside U.S. forces in Kandahar. After the attack yesterday on our National Guardsmen in Washington, DC, ISIS channels were the first to praise the incident largely because Lakanwal's half-brother (the son of his father's second wife, pictured left) had been a recruiter for the Islamic State–Khorasan Province (ISKP). His brother, Muawiyah Khurasani aka Hayatullah (pictured below), previously worked with Tehrik-e-Taliban Pakistan (TTP) in Orakzai Agency, Pakistan, before formally joining ISKP. He was killed in a targeted operation in July 2022 in Achin district, Nangarhar province. Some ISIS members claimed he was killed by Pakistan's Counter-Terrorism Department (CTD), though that remains unconfirmed. After the fall of Kabul in 2021, Lakanwal's unit the Kandahar Protection Force and the Khost Protection Force (KPF) became prime targets for both the Haqqani Network and ISKP, which sought either to blackmail or recruit former KPF members. Recruitment involved persuading them to join voluntarily; blackmail involved coercing them through threats to their families (many were left behind), exposure of past work with the U.S., or financial pressure. Both groups targeted these units specifically because of their close relationships on U.S. soil, particularly with former CIA officers. In addition, both groups, along with al-Qaeda, saw value in impersonating these units. A couple thousand fake documents and ID cards were produced so terrorists could claim affiliation with KPF/01/02 and other special units. This allowed some individuals to fraudulently move through the U.S. evacuation process by exploiting unsuspecting volunteers and taking advantage of weak vetting procedures. We have confirmed that Lakanwal's ID (pictured right) and employment were legitimate, but a full review is recommended, as terrorists have explicitly claimed using this route as a pipeline into the U.S. We cannot keep waiting for Americans to be killed again and again before we act against the Islamist terrorists who have arrived on our soil since 2021. This can no longer fall on the shoulders of a small handful of people sounding the alarm. Every American needs to be engaged: protecting their families, their communities, and our homeland. Please prepare today! https://twitter.com/sentdefender/status/1993925420329390316?s=20  action force of the AFN who fought directly alongside U.S. Special Forces against the Taliban. In addition, Fox News is reporting that Lakanwal worked with various other government entities from the United States in Afghanistan, including the Central Intelligence Agency (CIA), specifically as part of the CIA-backed Kandahar Strike Force (KSF), known in most intelligence circles as NDS-03, which operated outside of U.S. and Afghan military chain-of-commands directly under the CIA, carrying out covert, clandestine, counterterrorism operations, including night raids and assassinations against the Taliban and al-Qaeda. https://twitter.com/DataRepublican/status/1993878815349854361?s=20 CIA Director John Ratcliffe confirmed that to Fox. “In the wake of the disastrous Biden withdrawal from Afghanistan, the Biden administration justified bringing the alleged shooter to the United States in September 2021 due to his prior work with the U.S. government, including CIA, as a member of a partner force in Kandahar, which ended shortly following the chaotic evacuation,” CIA Director John Ratcliffe told Fox News Digital. “The individual—and so many others—should have never been allowed to come here,” Ratcliffe continued. “Our citizens and service members deserve far better than to endure the ongoing fallout from the Biden administration's catastrophic failures.” Ratcliffe added: “God bless our brave troops.” https://twitter.com/disclosetv/status/1994201842750837067?s=20 https://twitter.com/EndWokeness/status/1993882348069552531?s=20 https://twitter.com/CannConActual/status/1993693224196604379?s=20  at a colour revolution. @ColonelTowner and@xAlphaWarriorx have done a good job documenting several. We have been overwhelmingly resistant to these efforts on our homeland through the use of NGOs funding widespread protests and subsequent riots. And as President Trump cut the head off their private sector funding apparatuses (USAID, NED, etc), they are becoming desperate. So they politicized the military, subverted the Constitutional authority of the Commander in Chief, and injected themselves in a chain of command they are NOT a part of. The desperate attempt to execute their plan. This is life or death for the Deep State. https://twitter.com/CynicalPublius/status/1993886979738460646?s=20 There are three phases to a Color Revolution. It’s important to understand this so you can see how the actions of the Sedition 6 fit into this pattern. PHASE ONE: -Form underground opposition networks. -Create strong slogans and powerful information operations as recruitment tools. -Upon a certain well-coordinated signal, well-funded, well-organized mass protests “spontaneously” appear. -The armed wing of the movement conducts carefully coordinated, precision attacks on certain government infrastructure. PHASE TWO:  -Discredit military, security, and law enforcement forces through information operations, coordination with friendly media (Jimmy Kimmel? Talkin’ to you, Komrade Kelly), strikes, civil disobedience, rioting, and sabotage. yOU ARE HER -Occupy civic facilities and refuse to leave until your demands are met. -Strengthen and grow a highly organized logistics support network. -Issue ultimatums to the government, threatening violent uprisings if demands are unmet. The goal is to either have the government acquiesce or engage in violent repression, in each case thereby delegitimizing itself. PHASE THREE:  -Overthrow the government in a “non-violent” manner that is actually quite violent. -Open attacks on authorities, seizure of government buildings, destruction of government symbols. -Coordinate media messaging. If the government attacks, media will accuse the government of attacking “peaceful protestors.” If the government makes concessions, it will appear impotent because protestors will not compromise. -Widespread delegitimization of the government is effective in the minds of the populace; the government either willingly cedes power or is violently removed. -The once underground opposition forces’ leadership now seizes control of the government.   prisons, mental institutions, gangs, or drug cartels. They and their children are supported through massive payments from Patriotic American Citizens who, because of their beautiful hearts, do not want to openly complain or cause trouble in any way, shape, or form. They put up with what has happened to our Country, but it's eating them alive to do so! A migrant earning $30,000 with a green card will get roughly $50,000 in yearly benefits for their family. The real migrant population is much higher. This refugee burden is the leading cause of social dysfunction in America, something that did not exist after World War II (Failed schools, high crime, urban decay, overcrowded hospitals, housing shortages, and large deficits, etc.). As an example, hundreds of thousands of refugees from Somalia are completely taking over the once great State of Minnesota. Somalian gangs are roving the streets looking for “prey” as our wonderful people stay locked in their apartments and houses hoping against hope that they will be left alone. The seriously retarded Governor of Minnesota, Tim Walz, does nothing, either through fear, incompetence, or both, while the worst “Congressman/woman” in our Country, Ilhan Omar, always wrapped in her swaddling hijab, and who probably came into the U.S.A. illegally in that you are not allowed to marry your brother, does nothing but hatefully complain about our Country, its Constitution, and how “badly” she is treated, when her place of origin is a decadent, backward, and crime ridden nation, which is essentially not even a country for lack of Government, Military, Police, schools, etc…    denaturalize migrants who undermine domestic tranquility, and deport any Foreign National who is a public charge, security risk, or non-compatible with Western Civilization. These goals will be pursued with the aim of achieving a major reduction in illegal and disruptive populations, including those admitted through an unauthorized and illegal Autopen approval process. Only REVERSE MIGRATION can fully cure this situation. Other than that, HAPPY THANKSGIVING TO ALL, except those that hate, steal, murder, and destroy everything that America stands for — You won't be here for long! Trump Orders Green Card Review in the Wake of Shooting by Afghan on Overstay President Trump's Plan (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");

APAC stocks were mostly higher following the positive momentum from Wall Street, where all major indices gained ahead of Thanksgiving celebrations.10yr JGB futures edged higher but with the gains modest after reports that Japan is likely to increase issuances of 2yr and 5yr JGBs.Alibaba shares were pressured after the Pentagon said it should be on the list of firms with Chinese military ties, while China Vanke shares were hit and its bonds slumped.US President Trump told Japan to lower the volume on Taiwan, following a call with Chinese President Xi, according to WSJ.European equity futures indicate an uneventful open with Euro Stoxx 50 futures up flat after the cash market closed with gains of 1.5% on Wednesday.Looking ahead, highlights include German GfK (Dec), EZ M3 (Oct), Consumer Confidence Final (Nov), Japanese Tokyo CPI (Nov), Industrial Profit (Oct) & Retail Sales (Oct), ECB Minutes (Oct), Speakers including BoE's Greene, ECB's Cipollone & de Guindos, Supply from Italy. Holiday: US Thanksgiving Day; Desk will run normal services on Thursday, 27th November until 18:15GMT/13:15EST. At which point, the desk will close and then re-open later at 22:00GMT/17:00EST for the APAC session. Thereafter, there is normal service on Friday, 28th November until 18:15GMT/13:15EST at which point the desk will close.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Black Friday panic, Christmas chaos… and a derivatives-led global equity sell-off. In this episode of Talk Money To Me, Candice and Felicity zoom out from the noise and share six major investment themes set to shape portfolios in 2026 plus the ETFs, sectors and stocks they're watching right now.Recorded on 25 November 2025 following a sharp but non-fundamental global equity pullback driven by CTAs, futures activity and a VIX spike, the pair break down why retail investors have been buying the dip, not selling it and why the medium-term setup for equities remains constructive.They then reveal their 2026 Playbook, covering:⭐ Theme 1 – Mid-Duration Fixed Income & Floating RatesWhy the 3–5 year part of the curve, senior bank notes, floating-rate notes and diversified bond ETFs (like MQSD) are compelling defensive anchors heading into an uncertain rate environment.

China is reportedly mulling new property stimulus measures, including mortgage subsidies, according to Bloomberg sources.European and US equity futures are stronger across the board, with sentiment boosted after strong NVIDIA results and as CEO Huang shrugged off “AI bubble” woes.DXY is firmer into the September NFP report, JPY unreactive to further jawboning.WTI and Brent edge higher, with some strength seen after Russia's Kremlin said no peace talks with the US are taking place; XAU dips a touch.JGBs lag with stimulus in focus, USTs bearish as the data fog continues.Looking ahead, Highlights include, EZ Consumer Confidence Flash (Nov), US NFP (Sep), US Jobless Claims (w/e 15 Nov), New Zealand Trade Balance (Oct), Australian Flash PMIs (Nov), Japanese Nationwide CPI (Oct), SARB Policy Announcement, Fed's Cook, Barr, Hammack, Paulson, Miran, Goolsbee; BoE's Dhingra, Mann. Supply from the US. Earnings from Gap and Walmart.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks surged across the board, buoyed by a strong performance in the tech sector following NVIDIA's solid earnings and guidance, while CEO Huang dismissed concerns of an AI bubble, stating, “We see something different.”FOMC Minutes added little new but emphasised divisions on the December decision, with "many" members expecting no change.Hawkish Fed repricing was seen as the new BLS data schedule shows that the FOMC won't see the October or November jobs reports before the December 10th meeting.China is reportedly mulling new property stimulus measures, including mortgage subsidies, according to Bloomberg sources; Japanese JGB yields continued climbing despite continued verbal intervention.Looking ahead, highlights include German Producer Prices (Oct), EZ Consumer Confidence Flash (Nov), US NFP (Sep), US Jobless Claims (w/e 15 Nov), New Zealand Trade Balance (Oct), Australian Flash PMIs (Nov), Japanese Nationwide CPI (Oct), SARB Policy Announcement, Fed's Cook, Barr, Hammack, Paulson, Miran, Goolsbee; BoE's Dhingra, Mann. Supply from Spain, France, US. Earnings from Gap, Walmart; ThyssenKrupp; Investec, Halma.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

En esta tertulia Bernat y Jordi conversan con el abogado mercantil David Miranda, a quien invitan precisamente a raíz del “día loco” de OpenAI y el caso Anthropic, como excusa perfecta para hablar de cómo el derecho y la regulación afectan de lleno al mundo startup. David explica primero en qué tipo de operaciones está metido rondas de 40–50 millones, ventas de compañías, procesos de M&A y, a partir de ahí, la tertulia deriva en cómo funcionan realmente las reglas del juego para emprendedores e inversores en España. Se contraponen el derecho laboral, muy intervenido por el Estado, con un nivel de protección y de costes de Seguridad Social que condiciona a cualquier startup que pasa de freelance “disfrazados” a meter gente en nómina, frente al derecho mercantil, mucho más basado en la libertad de pacto entre las partes. Se habla de los pactos de socios: qué papel tienen como constitución real de la compañía, por qué el primer pacto marca “la marca de agua” para todas las rondas futuras y cómo en España falta estandarización frente a modelos mucho más homogéneos, como los de Estados Unidos. David cuenta cuánto puede llegar a costar un buen pacto de socios, cómo facturan los despachos, y va salpicando la conversación con ejemplos reales: el caso de Oriol Fuertes y sus primeras rondas, o la propia serie B de Factorial, donde llegaron a manejar varios term sheets a la vez y consiguieron un pacto muy ligero en control gracias a la fuerza negociadora de la compañía.También se detienen en las cláusulas más delicadas para los fundadores: los supuestos de bad leaver y good leaver, las cláusulas de drag along para forzar ventas, y el uso cada vez más habitual de poderes irrevocables para poder ejecutar esas cláusulas aunque un socio minoritario “desaparezca” el día de la firma. David explica hasta qué punto estas herramientas pueden volverse kafkianas si se abusa de ellas (por ejemplo, permitir a un inversor decidir unilateralmente que eres bad leaver y comprarte tus acciones a valor nominal) y qué límites pone la jurisprudencia. Finalmente, la conversación se abre al contexto regulatorio más amplio: el llamado “escudo antiopas” y la normativa de inversión extranjera que, nacida como medida temporal en 2020, ha acabado afectando también a pequeñas startups tecnológicas, obligando a diseñar estructuras creativas como quedarse en el 9,999 % para evitar ciertos permisos y reflejando un mundo cada vez más regulado donde emprender implica entender tanto el producto y el mercado como la letra pequeña del BOE.

APAC stocks were choppy, cautious, and eventually traded subdued, as the region held a tentative stance ahead of the FOMC minutes and NVIDIA earnings.The Trump administration has been secretly working in consultation with Russia to draft a new plan to end the war in Ukraine, according to Axios sources; Russia said Ukraine attempted to strike targets deep inside Russian territory.BoJ Governor Ueda, Japanese Finance Minister Katayama, and Japanese Economy Minister Kiuchi are set to meet at 09:10 GMT (04:10 EST), according to JiJi; Japanese Finance Minister Katayama is expected to speak to media at 09:30 GMT (04:30 EST).The White House confirmed that US President Trump is set to speak at the US-Saudi investment forum on Wednesday at 12:00 EST (17:00 GMT) in Washington.US Treasury Secretary Bessent said US President Trump may announce the next Fed Chair before Christmas, via Fox News.Looking ahead, highlights include UK CPI, EZ HICP (Final), US International Trade (Aug), FOMC Minutes, Fed's Williams, Logan, Barkin, Miran; BoE's Dhingra, supply from the UK & US. Earnings from NVIDIA, Target & Lowe's. Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The Trump administration has been secretly working in consultation with Russia to draft a new plan to end the war in Ukraine, according to Axios sources; Politico reported that US officials are close to unveiling a major new peace agreement with Russia to end the Ukraine conflict.The White House confirmed that US President Trump is set to speak at the US-Saudi investment forum on Wednesday at 12:00 EST (17:00 GMT) in Washington.US Treasury Secretary Bessent said US President Trump may announce the next Fed Chair before Christmas, via Fox News.European bourses are trading on either side of the unchanged mark, whilst US equity futures gain ahead of NVIDIA.USD is modestly firmer into FOMC Minutes, USD/JPY rises above 156.00 after Finance Minister Katayama said there were no specific discussions on FX with BoJ Governor Ueda.Bonds initially bid by a subdued risk tone, but now hold a downward bias sentiment improves; Gilts briefly boosted by CPI, but then come under marked pressured.Crude complex is modestly lower with Zelensky's delegation in Turkey, XAU returns above USD 4100/oz.Looking ahead, US International Trade (Aug), FOMC Minutes, Fed's Williams, Logan, Barkin, Miran; BoE's Dhingra, supply from the US. Earnings from NVIDIA.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks extended losses throughout the session following a similar lead from Wall Street, which had seen heavy losses on Monday. Overall newsflow in APAC hours was quiet, although tech stocks were among the laggards in the region.DXY traded flat for most of the session and eventually drifted lower before dipping under 99.50 despite quiet newsflow, but as haven FX (JPY and CHF) gained amid risk aversion. JGB futures saw limited movement at the short end while the long end continued to weaken, pushing the 20-year yield to its highest level since July 1999. Bitcoin saw deep losses and eventually fell under the USD 90,000 mark to levels last seen in April, whilst Ethereum fell under USD 3,000.European equity futures are indicative of a lower cash open, with the Euro Stoxx 50 future down 1.1% after cash closed 0.9% lower on Monday.Looking ahead, highlights include US ADP Weekly Estimate, US Factory Orders (Aug), US Durable Goods (Aug), and Japanese Trade Balance. Speakers include ECB's Elderson; BoE's Pill, Dhingra; Fed's Barr, Barkin. Earnings include Home Depot, Baidu, Medtronic, PDD; Imperial Brands, Diploma.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US jobless claims at 232k in the October 18th week, via DOL; continuing claims 1.957mln.European bourses are entirely in the red, US equity futures are modestly lower.USD is choppy amidst early release of weekly jobless claims, JPY digests more verbal intervention.Bonds are benefiting from the risk tone, with some modest price action seen on a surprise jobless claims release.Crude and Copper continue to be dragged by equity selloff as XAU bounces at USD 4k/oz.Looking ahead, US ADP Weekly Estimate, US Factory Orders (Aug), US Durable Goods (Aug), and Japanese Trade Balance. Speakers include BoE's Pill, Dhingra; Fed's Barr, Barkin.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US Treasury Secretary Bessent said the China rare-earths deal will “hopefully” be done by Thanksgiving, according to Fox News.US President Trump said he does not think more tariff rollbacks will be necessary; he said top US officials spoke with their Chinese counterparts on Friday and that he is speaking to China about soybeans, according to Reuters.Apple (AAPL) has intensified succession planning for CEO Tim Cook and is preparing for him to step down as soon as next year, according to the FT.APAC stocks traded mostly lower after the mixed lead from Wall Street; European equity futures are indicative of an uneventful open with Euro Stoxx 50 future U/C after cash closed -0.9% on Friday.Bitcoin briefly erased all 2025 gains, falling to near USD 93k as crypto markets suffered over the weekend.Looking ahead, highlights include US NY Fed Manufacturing, Canadian CPI. Speakers include Fed's Williams, Jefferson, Kashkari, Waller; ECB's Lane, Villeroy, de Guindos, Cipollone; BoE's Mann; BoC's KozickiClick for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses initially opened flat, but have since slipped into the red; US equity futures are mixed.DXY is slightly firmer, whilst Antipodeans slip as the risk tone deteriorates a touch.Bonds are firmer amid the softer European tone but largely awaiting a packed speakers docket, and data later this week.Crude complex started the session in the red, but has since reversed on geopolitical updates; XAU marginally subdued.Looking ahead, highlights include US NY Fed Manufacturing, Construction Spending, Canadian CPI. Speakers include Fed's Williams, Jefferson, Kashkari, Waller; ECB's Cipollone; BoE's Mann; BoC's Kozicki.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

British singer-songwriter Jessica Sweetman shares her incredible story of resilience, creativity, and leading with authenticity. From busking in Soho and performing in jazz clubs at 16, to squatting inside a Nashville record label until they offered her a deal, Jessica's fearless pursuit of her dream redefines what it means to lead yourself through risk, rejection, and reinvention. Now working independently, collaborating with legends like Paul Oakenfold and Alfie Boe, and recording at Abbey Road Studios, Jessica opens up about mental health, self-leadership, and finding peace in the chaos of the music industry.

European stocks opened mixed and traded choppily since, with macro drivers light; FTSE 100 is subdued post-GDP.DXY drifted lower in early Europe after holding steady overnight, with little reaction to the passage and signing of the US funding bill that formally ends the shutdown.USTs opened softer as risk appetite improved overnight following the House vote to end the shutdown and President Trump signing the legislation.Crude benchmarks are steady after Wednesday's slide, spot gold rises on a softer USD, and base metals extend on Wednesday's gains.Looking ahead, highlights include US Cleveland Fed (Oct), New Zealand Manufacturing PMI (Nov). Speakers include BoE's Greene, Fed's Daly, Kashkari, Musalem & Hammack, ECB's Elderson, SNB's Tschudin & Moser, Supply from the US. Earnings from Applied Materials, Disney.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump signed the government funding bill and announced an end to the government shutdown after the House voted to approve the bill, while Trump said the government will resume normal operations and reiterated a call for money to be paid to people directly to buy healthcare.White House Press Secretary Leavitt said the October CPI and jobs data is likely to never be released, while it was separately reported that there was no official word from BLS on plans for October data.US officials flagged they will reduce tariffs on popular groceries, as pressure mounts to address the cost-of-living crisis, according to FT.APAC stocks followed suit to the mixed performance in the US, with little fresh catalysts as the government shutdown ended.European equity futures indicate a positive cash market open with Euro Stoxx 50 futures up 0.4% after the cash market closed with gains of 1.1% on Wednesday.Looking ahead, highlights include UK GDP (Sep/Q3), EZ Industrial Production (Sep), US Cleveland Fed (Oct), New Zealand Manufacturing PMI (Nov), IEA OMR, BoE Minutes of the Market Participants Group Meeting, Speakers including BoE's Greene, Fed's Daly, Kashkari, Musalem & Hammack, ECB's Elderson, SNB's Tschudin & Moser, Supply from Italy & US, Earnings from Zealand Pharma, B&M European, Burberry, Siemens, Sabadell, Applied Materials, Disney, JD com & Bilibili.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

We re-sume our Nu-Who re-watch with Series 3's first 3 episodes. First we re-discuss “Smith and Jones” where the Doctor meets rebound companion Not-Rose (Martha to her family), and then encounters a platoon of Judoon on the moon. Next up is “The Shakespeare Code” where the surprisingly sexy bard flirts with both the Doctor and Martha whilst the trio attempt to vanquish a trio of mostly unsexy alien witches. Definitely most lastly is “Gridlock” where the Doctor needs to rescue a kidnapped Martha just because the Face of Boe wants to whisper sweet nothings in the Doctor's relatively tiny ear. Seriously, who knew the Face of Boe would be such a big dick?

APAC stocks were mostly subdued with the region failing to sustain the positive global risk momentum that had been spurred by US-China trade optimism and US government reopening hopes, while there were few fresh catalysts overnight to fuel the recent rally.US Senate voted 60 vs. 40 to pass legislation to fund the federal government and end the shutdown, while the bill now goes to the House.US House Speaker Johnson is seeking a Wednesday vote on the stopgap bill, and won't commit to an ACA subsidy vote.China is reportedly devising a plan to keep the US military from getting its rare earth magnets and is considering a ‘validated end-user' system to fast-track certain export licenses, according to WSJ.European equity futures indicate a positive cash market open with Euro Stoxx 50 futures up 0.4% after the cash market finished with gains of 1.8% on Monday.Looking ahead, highlights include UK Unemployment/Wages (Sep), EZ & German ZEW (Nov), US NFIB (Oct), Weekly Prelim Estimate ADP, Riksbank Minutes, Speakers including ECB's Lagarde, BoE's Greene & Dhingra, RBA's Jones, Supply from Netherlands, Earnings from Porsche SE, RWE & Alcon. Holidays: US Veterans' Day; Canadian Remembrance DayRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

China is reportedly devising a plan to keep the US military from getting its rare earth magnets and is considering a ‘validated end-user' system to fast-track certain export licenses, according to WSJ.European bourses firmer across the board, with outperformance in the FTSE 100; US equity futures are modestly lower.NVIDIA slips -1.5% after Softbank sells stake and following poor CoreWeave results.GBP slides on dismal UK jobs, EUR unreactive to ZEW; DXY treads water.Gilts soar post-jobs data which raises the odds of a December BoE cut; USTs cash bond trade shut on account of Veterans' Day.XAU peaks just shy of USD 4150/oz as continued attacks on Russian refineries drive crude benchmarks higher.Highlights include Weekly Prelim Estimate ADP, Speakers including BoE's Dhingra, RBA's Jones.Holidays: US Veterans' Day; Canadian Remembrance Day.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

La economista Pilar García de la Granja ha explicado en la sección ‘Economía de bolsillo' del programa Herrera en COPE cómo las nóminas de los trabajadores se verán reducidas a partir del 1 de enero. El motivo es la aplicación del Mecanismo de Equidad Intergeneracional (MEI), un descuento diseñado para ayudar a sostener el poder adquisitivo de las pensiones actuales.García de la Granja ha descrito esta medida como el "último invento" que dejó el exministro Escrivá, el cual "reduce aún más la nómina" de los empleados. La norma, recogida en el BOE desde 2023, implica que tanto empresas como trabajadores asuman un nuevo porcentaje de cotización para hacer frente al déficit del sistema.Sin embargo, la experta ha aclarado que esta aportación extra no tendrá beneficios para los cotizantes. "Este dinero no va a tener un efecto en la pensión futura, es un dato que no se va a tener en cuenta cuando se calcula la prestación de jubilación", ha señalado. Su único fin es "tapar el ...

APAC stocks traded higher amid the improving US-China trade environment and with hopes of ending the US government shutdown as several Democrats supported Republicans to pass a measure through the procedural vote in a rare Senate session on Sunday.US Senate voted 60 vs 40 to advance the government funding bill through the procedural hurdle, moving it closer towards passage, after 8 Democrats supported the measure in a rare Sunday session.Chinese inflation data over the weekend which printed above forecasts, although factory gate prices remained in deflation.NVIDIA (NVDA) CEO said they have very strong demand in Blackwell chips and asked TSMC (2330 TT) for more wafers to meet strong AI demand.European equity futures indicate a positive cash market open with Euro Stoxx 50 futures up 1.4% after the cash market closed with losses of 0.8% on Friday.Looking ahead, highlights include Norwegian CPI (Oct), EZ Sentix (Nov), Chinese M2 & New Yuan Loans (Oct), Speech from BoE's Lombardelli, Supply from the UK, Earnings from Hannover Re, CoreWeave & Barrick Mining.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

In this podcast Francis Diamond and Khagendra Gupta discuss the recent Riksbank, Norges Bank and BoE meetings this week and implications for European rates markets.   This podcast was recorded on 07 November 2025. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5122904-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2025 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.

APAC stocks were mostly lower as the region took its cue from the risk-off mood stateside, where sentiment was weighed on by weak US labour market proxies and AI concerns, while sentiment was also not helped by weak Chinese trade data.US President Trump said they will need a game plan if the Supreme Court case on tariffs does not go well, and can do other things, but they are slow in comparison.US President Trump added there are no new tariff announcements coming while the SCOTUS case is pending.US is to block NVIDIA's (NVDA) sale of scaled-back AI chips to China, according to The Information.European equity futures indicate an uneventful cash market open with Euro Stoxx 50 futures +0.1% after the cash market closed with losses of 1.0% on Thursday.Looking ahead, highlights include German Trade Data, Canadian Jobs, NY Fed SCE, US University of Michigan Prelim, Speakers including Fed's Williams, Jefferson and Miran, BoE's Pill, ECB's Elderson & Nagel, Earnings from Daimler Truck.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US is to block NVIDIA's (NVDA) sale of scaled-back AI chips to China, according to The Information.European bourses opened firmer but ultimately conformed to the subdued risk tone, US equity futures also mildly in the red.DXY bid awaiting UoM, trading around 99.78; Kiwi underperforms.Bunds were initially hit by the US risk tone, EGBs then slipped on German data, no reaction to the deteriorating European tone.Commodities rebound from Thursday's equity-led selloff; XAU firmer and holds above USD 4k/oz.Looking ahead, Canadian Jobs, NY Fed SCE, US University of Michigan Prelim, Speakers including Fed's Jefferson and Miran, BoE's Pill, ECB's Elderson & Nagel.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US equity futures point to a softer open. Asian markets traded broadly higher, while European equities opened lower. Focus remains on US tech earnings afterhours. Qualcomm guided Q1 revenue above forecasts, though below the most bullish expectations, while ARM's profit outlook exceeded estimates, reflecting data center demand. In central bank news, the Fed's hawkish comments continued to weigh on sentiment, while the BoE decision today is seen as finely balanced. Meanwhile, the US-China trade truce continues to dominate headlines, but not much specific behind move as recent angst surrounding stretched valuations, big tech index concentration, narrow breadth and AI capex ROI remain overhangs, not expected to go away anytime soon. However, still no signs of panic, while buy-the-dip narrative has been extremely resilient on the back of elevated retail buying.Companies Mentioned: Charles Schwab, Forge Global, Marvell Technology, Softbank, OpenAI

APAC stocks were higher as the region took impetus from the rebound on Wall St, where all major indices gained amid dip buying.European equity futures indicate an uneventful cash market open with Euro Stoxx 50 futures relatively flat after the cash market closed with gains of 0.2% on Wednesday.DXY traded rangebound after having recently snapped a 5-day rally, despite firmer-than-expected ADP and ISM Services data, while catalysts were quiet overnight10yr UST futures saw some slight reprieve after slumping yesterday; Bund futures languished near the prior day's lows.US President Trump is scheduled to make an announcement at 11:00EST/16:00GMT on Thursday.Looking ahead, highlights include German Industrial Production, EZ Retail Sales, Canadian Leading Index, US Chicago Fed Labour Market Indicators, US Challenger Layoffs, BoE, Banxico & Norges Bank Policy Announcements, Speakers including Fed's Williams, Barr, Hammack, Waller, Paulson & Musalem, ECB's Lane, Nagel, Schnabel & de Guindos, BoE's Bailey, BoC's Macklem, Rogers & Kozicki, Supply from Spain & FranceEarnings from Continental, Commerzbank, AstraZeneca, Sainsbury's, Airbnb, ConocoPhillips & Warner Bros.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Challenger October US Job Cuts jump 175.3% to a 7-month high at 153.074k (prev. 54.064k in September).European bourses are on the backfoot; US equity futures are modestly firmer/flat.Surprise early US Challenger release takes DXY sub-100; NOK gains on Norges, GBP awaits the BoE.Early Challenger lifted USTs to a session high, Gilts await the BoE.Crude benchmarks are higher despite Saudi oil price cuts and US inventory build; focus on Israel declaring the Egyptian border a closed military zone.Looking ahead, US Chicago Fed Labour Market Indicators, BoE & Banxico Policy Announcements, Speakers including Fed's Williams, Barr, Hammack, Waller, Paulson & Musalem, ECB's Lane, Nagel, BoE's Bailey, BoC's Macklem, Rogers & Kozicki.Earnings from Airbnb, ConocoPhillips & Warner Bros.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks were mixed after an early sell-off following the losses stateside, where tech underperformed amid valuation concerns.European equity futures indicate a lower cash market open with the Euro Stoxx 50 future down 0.7% after the cash market closed with losses of 0.3% on Tuesday.The USD rally has paused for breath (DXY remains above 100), EUR/USD is unable to reclaim 1.15 status, USD/JPY failed to hold below 153.Global fixed income benchmarks remain supported, crude futures lack direction, Gold remains below USD 4k.Looking ahead, highlights include German Industrial Orders, EZ, UK & US Final PMI, EZ Producer Prices, US ADP, US ISM Services PMI, Riksbank, NBP & BCB Policy Announcements, ECB Wage Tracker, US Supreme Court Tariff hearing begins, Speakers including ECB's Nagel, BoE's Breeden, BoC's Macklem & Rogers, Riksbank's Jansson, US QRA, Supply from Germany.Earnings from BMW, Novo Nordisk, Pandora, AMC, Arm, Snap & McDonald'sRead the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are entirely in the red; US equity futures mixed, with the NQ continuing to underperform whilst the RTY takes a breather.Recent USD rally pauses for breath ahead of ADP and ISM services.USTs are contained into a packed agenda, Gilts continue to ease from Tuesday's best.Commodities rebound following Tuesday's risk-off sell-off.Looking ahead, highlights include US Final PMI, US ADP, US ISM Services PMI, NBP & BCB Policy Announcements, US Supreme Court Tariff hearing begins, Speakers including BoE's Breeden, BoC's Macklem & Rogers, US QRA. Earnings from AMC, Arm, Snap & McDonald's.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk