Overview
- Germany’s DAX fell for a fourth session to roughly 23,200–23,300, marking multi‑week lows as volatility gauges jumped and selling broadened across Europe.
- Bitcoin briefly traded below $90,000 for the first time since April and is down about 30% from its October peak, with analysts citing institutional outflows and leveraged liquidations.
- CME FedWatch shows only about 47% odds of a December Fed cut versus roughly 94% a month ago, while a post‑shutdown data backlog leaves markets waiting for U.S. labor figures due Thursday.
- Nvidia reports after Wednesday’s U.S. close in what traders view as a key test of the AI‑led rally, as warnings about stretched valuations grow and ECB Vice President Luis de Guindos flags correction risks.
- Risk appetite weakened globally, with Wall Street lower, Tokyo’s Nikkei off more than 3%, and Brent crude easing near $63–$64 a barrel as safe‑haven preferences reshape flows.