Good Morning Mail

Global markets are mixed as European sentiment rebounds on potential Iran sanction waivers while U.S. and Asian tech sectors face drawdowns ahead of Nvidia's earnings. Japan's GDP beat provides a positive macro surprise for the Asia-Pacific region.

Key Takeaways

• 1.European market sentiment improved following headlines suggesting a potential temporary U.S. waiver on Iran oil sanctions.
• 2.Significant rotation and drawdown in the AI/Technology trade is occurring ahead of major earnings catalysts, specifically Nvidia (NVDA).
• 3.Japan's Q1 GDP growth (2.1% annualized) beat expectations, potentially providing the BoJ room for further rate hikes.

Table of Contents

• U.S. Recap
• Europe
• Asia
• Chart(s) of the Day
• ETF Monthly Fund Flow vs. ETFs as % of Tape
• Closed Markets
• Key Macro Events Today EMEA / UK (CET)
• USA (CET)
• Markets in a Nutshell
• Notice to Australian Investors
• Additional Disclaimers

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial