13:02 *(US) TREASURY $70B 5-YEAR NOTE AUCTION DRAWS 5.033% V 4.393% PRIOR, BTC 2.21 V 2.37 PRIOR12:49 (US) Reportedly White House making plans for a 90-day diesel export ban, despite split within the Administration and the energy industry - Politico12:58 US Senate Floor Proceedings: Senate introduced the Strategic Fertilizer Reserve Act to help farmers manage supply-chain shocks and soaring fertilizer costs, though the measure remains proposed legislation.10:53 (IR) Iran Senior official: Tehran is reviewing the US response to its proposal to end hostilities; There are still many differences between Iran and the US but diplomacy continues11:34 (US) Fed's Goolsbee (non-voter in 2026; voter in 2027): Better off assuming that bigger negative supply shocks to have a pretty persistent impact on inflation09:45 *(US) SEPT PRELIMINARY S&P MANUFACTURING PMI: 57.0 V 53.7E (highest since May 2022 and on track for 13th straight expansion); Overall rate of inflation hitting the highest since October 2022
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13:02*(US) TREASURY $70B 5-YEAR NOTE AUCTION DRAWS 5.033% V 4.393% PRIOR, BTC 2.21 V 2.37 PRIOR
12:49(US) Reportedly White House making plans for a 90-day diesel export ban, despite split within the Administration and the energy industry - Politico
12:58US Senate Floor Proceedings: Senate introduced the Strategic Fertilizer Reserve Act to help farmers manage supply-chain shocks and soaring fertilizer costs, though the measure remains proposed legislation.
10:53(IR) Iran Senior official: Tehran is reviewing the US response to its proposal to end hostilities; There are still many differences between Iran and the US but diplomacy continues
11:34(US) Fed's Goolsbee (non-voter in 2026; voter in 2027): Better off assuming that bigger negative supply shocks to have a pretty persistent impact on inflation
09:45*(US) SEPT PRELIMINARY S&P MANUFACTURING PMI: 57.0 V 53.7E (highest since May 2022 and on track for 13th straight expansion); Overall rate of inflation hitting the highest since October 2022

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EUR/USD1.14(-0.47%)
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S&P 5007763(-0.02%)
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12:24 (US) Market Trading Hours Summary: As expected, Dec PCE runs hotter than CPI, Q4 GDP impacted by shutdown; Supreme Court strikes down IEEPA tariff powers
S&P 5007763 0.02%EUR/USD1.14 0.47%USD/JPY158.37 0.45%GBP/USD1.32 0.68%OIL--Gold4317 10.45%