Scope Markets

🧐Gold is trading around $4,000. Where do you think it will be on Friday, November 6? Vote and tell us why in the comments👇 *Not investment advice. Trading carries risk.

⏱ MARKET UPDATE — Friday 30 October, 10:00–12:00 GMT ⏱ Update | 10:00–12:00 GMT 🇪🇺 EZ Q3 GDP 1.3% y/y (f 1.1%), 0.4% q/q; jobless rate 6.5% (f 6.4%) 🇮🇹 Italy CPI jumps to 5.4% y/y (f 4.6%) 🏦 ECB's Panetta: further rate hikes may be needed 🛢 Trump: Iran must make a deal; Iran says it hit a US drone boat in Hormuz (unconfirmed) *Not investment advice. Trading carries risk.

⏱ MARKET UPDATE — Friday 30 October, 08:00–10:00 GMT ⏱ Update | 08:00–10:00 GMT 🇩🇪 Q3 GDP +0.2% q/q (fcst 0.1%), +1.3% y/y NSA (fcst 1.2%) 🇩🇪 Jobless rate 6.4% as expected; jobless +4k (fcst 5k) 🇪🇸 CPI steady at 4.9% y/y; Q3 GDP +0.6% q/q 🇮🇹 Q3 GDP flat q/q (fcst +0.1%) 🏦 ECB's Rehn: inflation risks remain elevated *Not investment advice. Trading carries risk.

⏱ MARKET UPDATE — Friday 30 October, 06:00–08:00 GMT ⏱ Update | 06:00–08:00 GMT 🇫🇷 France Q3 GDP -0.1% q/q (fcst +0.1%) 🇫🇷 Oct CPI 3.4% y/y (fcst 3.3%), HICP 3.8% (fcst 3.6%) 🇯🇵 BoJ's Ueda: too early to declare 2% target met 🇦🇺 Poll: RBA seen hiking to 4.85% on 3 Nov 🇪🇺 ECB's Dolenc: inflation could stay above 2% for years *Not investment advice. Trading carries risk.

⏱ MARKET UPDATE — Thursday 29 October, 10:00–12:00 GMT ⏱ Update | 10:00–12:00 GMT 💊 Eli Lilly Q3 adj. EPS $7.48 vs $5.59 est., revenue $24.40B 💊 Merck Q3 adj. EPS $2.49 vs $2.07 est. 🏗 Caterpillar Q3 adj. EPS $7.20 vs $7.10 est. 💻 Microsoft launches US bond sale, seeking at least $25B 🇯🇵 Japan to subsidise utility bills Dec–Feb *Not investment advice. Trading carries risk.

⏱ Update | 14:00–16:00 GMT 🇪🇺 ECB staff: yield rise cuts 2027-28 growth by 100bp, inflation by 90bp vs Sept (sources) 🛢️ Russia set to extend diesel export ban to year-end (sources) 🇪🇺 Lagarde: ECB can wait for data ⚓ IRIB: tanker hit mines in Hormuz (unconfirmed) *Not investment advice. Trading carries risk.

⏱ Update | 12:00–14:00 GMT 🇺🇸 Q3 GDP 3.4% (est. 3.2%); core PCE 3.1% y/y, as expected 🇺🇸 Spending +0.5% m/m (est. 0.6%); claims 194k 🇪🇺 ECB holds at 2.65%, flags energy shock risk 📉 Alphabet -13%, ~$489B value hit 🛢 Gulf oil majors seek bigger Asia crude stocks amid Iran war *Not investment advice. Trading carries risk.

⏱ MARKET UPDATE — Thursday 29 October, 10:00–12:00 GMT ⏱ Update | 10:00–12:00 GMT 💊 Eli Lilly Q3 adj. EPS $7.48 vs $5.59 est., revenue $24.40B 💊 Merck Q3 adj. EPS $2.49 vs $2.07 est. 🏗 Caterpillar Q3 adj. EPS $7.20 vs $7.10 est. 💻 Microsoft launches US bond sale, seeking at least $25B 🇯🇵 Japan to subsidise utility bills Dec–Feb *Not investment advice. Trading carries risk.

⏱ MARKET UPDATE — Thursday 29 October, 08:00–10:00 GMT ⏱ Update | 08:00–10:00 GMT 🇺🇸 Trump admin in talks on a temporary peace deal (Semafor, unconfirmed) 🇪🇺 ECB's Lagarde plans to step down on 7 Feb, she told staff 🛢 Iran's IRGC Navy: 3 tankers hit mines off Strait of Hormuz in 24h 🇬🇧 UK mortgage approvals 53.4k vs 54k expected *Not investment advice. Trading carries risk.

⏱ MARKET UPDATE — Thursday 29 October, 06:00–08:00 GMT ⏱ Update | 06:00–08:00 GMT ⚓ UKMTO reports an incident 9NM north of Khasab, Oman 🇰🇷 Seoul still weighing options in US talks on a Strait of Hormuz deployment 🇳🇴 Equinor: Afrodite gas find may hold over double earlier estimates 🇸🇪 Advance GDP 2.8% YoY vs 2.9% fcst, 3.3% prior *Not investment advice. Trading carries risk.

📅 TODAY'S OUTLOOK — Thursday 29 October (times in GMT) 📅 Today's key events (GMT) 09:30 🇬🇧 BoE consumer credit, mortgage approvals 12:30 🇺🇸 Q3 GDP, PCE inflation, jobless claims 13:15 🇪🇺 ECB rate decision 13:45 🇪🇺 Lagarde press conference 14:30 🇺🇸 EIA natural gas storage 17:00 🇺🇸 7-year note auction 20:00 🇺🇸 Amazon, Intel earnings *Not investment advice. Trading carries risk.

🌅 OVERNIGHT RECAP — Thursday 29 October (16:00–06:00 GMT) 🌍 Overnight recap | 16:00–06:00 GMT 🇺🇸 Fed holds at 3.75–4.00%, two dissents for a hike 🛢 WTI $102.78 (+2.88%), Brent $115.32 🇮🇷 Vance writes to Iranian official on talks (WSJ) 💻 Microsoft beats, Azure +48%; Alphabet revenue slight miss 🇰🇵 North Korea fires ~10 missiles *Not investment advice. Trading carries risk.

⏱ Update | 12:00–14:00 GMT 🇺🇸 Durable goods +1.8% (f 1.9%, prev -0.1%); core +0.5% (f 0.6%) 🏠 US Case-Shiller 20 YoY 2.65% vs 2.61% f 🛢 Iranian state media: tanker hit by mine in Hormuz (unconfirmed) 🌍 Poll: global growth seen at 3.0% in 2026, 3.2% in 2027 *Not investment advice. Trading carries risk.

⏱ MARKET UPDATE — Tuesday 27 October, 10:00–12:00 GMT ⏱ Update | 10:00–12:00 GMT 🇮🇷 Iran's supreme leader calls for conditions to end the war to be met ⚠️ Houthis claim attack on Saudi Ras Tanura refinery (unconfirmed) 🇶🇦 Qatar: Iran must open Hormuz for mediation to work 📊 Q3: UPS, Coca-Cola, PayPal beat; Boeing loss above est. *Not investment advice. Trading carries risk.

⏱ MARKET UPDATE — Tuesday 27 October, 08:00–10:00 GMT ⏱ Update | 08:00–10:00 GMT 🇸🇦 Saudi Arabia contains fire near Ras Tanura oil hub after attack 🛢 OPEC+ seen holding output steady Sunday (sources) 💻 NVIDIA to invest $3b in Meta (CNBC) 🇷🇺 Putin speaks with Norway's Støre, Finland's Stubb (TASS) 🇪🇺 Eurozone M3 3.5% vs 3.4% exp. *Not investment advice. Trading carries risk.

⏱ MARKET UPDATE — Tuesday 27 October, 06:00–08:00 GMT ⏱ Update | 06:00–08:00 GMT 🇫🇷 French consumer confidence 80 (f/c 85, prev 86) 🌏 Asian stocks +0.9%; SK Hynix, Samsung up 4%+ 🇷🇺 Russia says it hit a cargo ship in the Black Sea 🇨🇳 China sending officials to Middle East to ease tensions 🇪🇺 Merz urges quick EU-ASEAN trade deal *Not investment advice. Trading carries risk.

📅 TODAY'S OUTLOOK — Tuesday 27 October (times in GMT) 📅 Today's key events (GMT) All day 🇮🇱 Israeli election 10:00 🏢 Earnings: UPS, then Coca-Cola, PayPal, Boeing 12:30 🇺🇸 Durable goods 14:00 🇺🇸 CB consumer confidence, new home sales 17:00 🇺🇸 5-year note auction 20:05 🏢 Visa earnings *Not investment advice. Trading carries risk.

🌅 OVERNIGHT RECAP — Tuesday 27 October (16:00–06:00 GMT) 🌍 Overnight recap | 16:00–06:00 GMT 🛢 Brent settles $115.81 (-0.8%), WTI $101.76 (-1.5%) 🇮🇷 Iran open to shorter US proposal timeline, with conditions (state TV) 🇯🇵 FinMin Katayama ready for decisive FX steps 🇰🇷 Q3 GDP +1.0% q/q vs 0.8% f 📈 Meta prices $25bn share sale *Not investment advice. Trading carries risk.

⏱ Update | 14:00–16:00 GMT 💻 Microsoft to offer buyouts to ~60,000 workers in cost cuts 🇺🇸 Dallas Fed mfg index 13.4 vs 8.8 expected (prev 9.8) 🛢 US SPR stocks fall to 282.6m bbl, lowest since 1982 🇷🇺 Putin to meet Iran's Pezeshkian and Qatar's Emir in Moscow Tuesday *Not investment advice. Trading carries risk.

⏱ Update | 12:00–14:00 GMT 🤖 Anthropic files for Nasdaq IPO (ANT): H1 revenue $16.3B vs $1.2B, net loss $80.7B 🚀 SpaceX signs $40B GPU financing deal with Apollo 🇺🇸 Chicago Fed index 0.07 vs -0.095 expected 🇮🇷 Iran: no nuclear talks until its demands are met *Not investment advice. Trading carries risk.