Smartphones are helping filmmakers tell the stories the movie industry overlooks 
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone 
Elon Musk is remaking the world, like Henry Ford before him – but more dangerously 
Buy the Dip: Gold Holds Strong at $3980, Targets $4150 
Goldman Sachs Flags 3 Key Risks Ahead of Europe’s Earnings Season 
Michael Burry Shorts Tesla at $416 as AI and Semiconductor Bearish Bets Expand 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness 
Not many economic dockets scheduled for today and all with low to medium risks associated.
Upcoming releases:
- Germany - IFO business climate, expectations and current assessment to be released at 9:00 GMT, followed by Bundesbank monthly report at 10:00 GMT.
- UK - BBA mortgage approvals for September to be released at 9:30 GMT. Prior 46,743, expected 46,200. Conference board Industrial trade survey to be released at 11:00 GMT.
- US - New home sales to be released at 14:00 GMT for September. Prior growth 5.7%, expected -0.4%. Dallas FED manufacturing business index for October to be released at 14:30 GMT. Prior -9.5.
- New Zealand - Trade balance data for September to be released at 22:45 GMT
- Japan - Corporate service price for September to be released at 23:50 GMT. Prior 0.7%, expected 0.6%.
- Auction - US will auction 3 month and 6 month bills at 15:30 GMT.
