1) Key Economic Releases & Central Bank Events (Today) Macro events that could drive volatility: - U.S. Michigan Consumer Sentiment (10:00āÆa.m. ET) ā a key sentiment read that can influence equities and USD direction. - Fed Speak ā Jefferson (noon ET) ā central bank commentary often moves yields and USD if tone shifts. - Consumer Credit (3:00āÆp.m. ET) ā risk assets may respond if credit growth surprises. - RBA Governor Bullock Remarks ā Asia session event; may impact AUD pairs and risk sentiment. Note: The U.S. January jobs report was delayed due to government shutdown, pushing headline labor data to next week, leaving todayās data to set tone. 2) Overnight Global Markets & Forward Curves Asia & European sentiment: - Asian markets extended losses, led by tech weakness, reflecting riskāoff conditions. - European futures have been mixed, with continued tech pressure but some safeāhaven buying. - Currencies: Safeāhaven flows into JPY noted overnight; Yen strength against majors (Forex data). U.S. futures this morning: - Initial data suggests slight tilt higher in Dow/S&P/Nasdaq futures, though still digesting tech sellāoff pressures. - Risk assets remain sensitive to earnings news and macro data. 3) PreāMarket Movement ā Key Stocks (e.g., Tesla) Equity snapshot (price check): - Tesla (TSLA): ~$397.21 and showing modest downside pressure preāopen. At this hour, broader preāmarket movers include (based on latest price action headlines): - Amazon trading lower after earnings disappointment. - Rocket Companies seeing slight preāmarket bounce after prior declines. Gaps up/down and volatility profiles will solidify as official preāmarket prints complete. 4) Significant News & Geopolitical Drivers Top headlines that could influence sentiment: - U.S.āIran indirect talks commence in Oman ā geopolitical risk premium rising. - Global tech sellāoff persists ā software and AIālinked stocks under pressure. - Amazon earnings weakness intensifies risk aversion in equity markets. - Mortgage rates near 6% ā housing/financials may respond to yield dynamics.