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Bank on it

Bank on it

Published 1 month, 1 week ago
Description

Europe's ASML raises its full-year revenue forecast, steadying sentiment around AI infrastructure spending after IBM logged its worst single-day stock drop on record. U.S. core CPI posts its first monthly decline in over six years, easing pressure on the Fed. And volatile markets and a busy IPO pipeline hand the big banks a bumper quarter.

Today’s recommended read: China's latest 'shock', German auto pain and the euro/yuan pressure cooker, Mike Dolan

Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest.

Read more from Amanda Cooper and Anna Szymanski

Produced by Eliza Davis Beard and Abisoye Adelusi

Sound engineering and music by Sebastian and Josh Sommer

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