"NOTABLE US HEADLINES
- Apple (AAPL) announced a new family of chips with the M3, M3 Pro and M3 Max, while the chips will use 3-nanometer technology and it also introduced the new MacBook Pro which will have up to 22 hours of battery life. Furthermore, the M3 Max and M3 Pro MacBook models will come in a new colour called Space Black with prices of the 14-inch MacBook Pro models beginning at USD 1,599 and the 16-inch MacBook Pro models beginning at USD 2,499.
GEOPOLITICS
- White House National Security Adviser Sullivan met with the Saudi Defence Minister and confirmed President Biden's commitment to support the defence of US partners against threats from state and non-state actors including those backed by Iran.
- Drone intercepted over the Red Sea reportedly launched from Yemen, according to Walla News' Elster; "drone launched by Yemen's Houthi rebels have been intercepted by the IDF over the Red Sea", according to Faytuks News.
- Yemeni Houthis claim launch of drone towards Israel, according to Sky News Arabia citing AFP."
Equities in the green, Yen weakens post-BoJ & EUR bid; US Employment Costs due - Newsquawk US Market Open
BoJ maintained NIRP and the 10yr JGB yield target at 0% but widened the reference range to 100bps up or down from target European bourses & US futures in the green, with Europe unreactive to CPI & GDP data Action which followed mixed APAC trade given numerous data release incl.
