- On the back of strong positive results and forecasts for a more gradual Federal Reserve monetary tightening, stocks in the US and Europe are poised to post their greatest monthly gains since November 2020.

- Following a seven-week high on Thursday for the US stock market, Nasdaq 100 futures increased by more than 1%. Apple and Amazon both saw gains in premarket trade after exceeding revenue projections.

- As the dollar dropped, the yen gained strength. Bond yields increased as oil and gold prices surged. Data showing a second consecutive quarterly downturn in the US economy backed claims that inflation will moderate and the Fed will become less interventionist.

- Kremlin on Taiwan: We are in solidarity with China’s President Xi and Chinese sovereignty.

- Russia is transferring dollars to Turkey for $20 bln nuclear plant.

- Euro zone money markets priced in roughly 44% chance of 50 bps ECB Sept rate hike ECBwatch, vs 50% earlier in the week.