David Cheetham, CFA

Market news, commentary and charts. NUFC fan from Cornwall. Tweets are not advice.

[Rob Draper @draper_rob]

*Deep breath* 🧵
I’ve re-watched game from 56mins to clear my heads on the different thoughts from varying voices + work out whether this was psychological meltdown that is on the players (English DNA)? Or was it Tuchel (TT) losing the plot? Or maybe a mix?

[Michael Brown @MrMBrown]

Key events for the wk ahead...it's a monster...geopolitics the main focus but plenty else going on...5 G10 central bank decisions due with guidance key...~35% of the S&P to report earnings, inc. 5 'Mag 7' names...a busy data docket too with US GDP, plus E/Z GDP & CPI eyed...

[Nick Timiraos @NickTimiraos]

September FOMC

*The Fed cuts rates by 25 bps

*A narrow majority of officials pencil in a total of at least 3 cuts this year

*Statement changes are dovish

*Miran is the only dissent, for 50 bps

[Newsquawk @Newsquawk]

🚨 LIBERATION DAY CHEAT SHEET 🚨

[David Cheetham, CFA @DavidCheetham3]

@UtilitaFootball @EFL Newcastle United!

[Utilita Football @UtilitaFootball]

🚨 WIN Carabao Cup Final tickets! 🚨

As official supporters of the @EFL, we are giving away two pairs of tickets for the Carabao Cup Final – with one pair up for grabs for the Liverpool end, and another for the Newcastle United end! 🔴 ⚫

To enter:
✔️ Follow @UtilitaFootball
⟳ Retweet this post to enter!
📱 Comment which team you think will WIN!

Want to increase your chances of winning? We’re also running this competition across Instagram, TikTok and Facebook - enter on multiple platforms for extra entries! (Link in Bio)

Don’t miss the chance to support your club! 🤝

Competition closes at 23:59 02/03/2025. T&C’s apply (link in bio). Winners will be randomly selected on 03/03/2025. Under 17’s will require parental or guardian supervision. This promotion is in no way sponsored, endorsed, administered by, or associated with X. Winners will only be contacted directly by @utilitafootball.

#carabaocup #efl

[OptaJoe @OptaJoe]

8 - Track the chaos of the final round of 2024-25 league-phase fixtures with our live UEFA Champions League table and Opta supercomputer predictions. Carnage.

https://t.co/4TvKEjY5vF

[Nick Timiraos @NickTimiraos]

The Fed held rates steady as widely expected.

The FOMC statement contains only minor changes that mark to market recent economic developments:

"Labor market conditions remain solid"

"Inflation remains somewhat elevated."

[Nick Timiraos @NickTimiraos]

Economists who produce detailed inflation forecasts expect the November CPI to show that core prices rose about the same as in October, up 0.27% to hold the 12-month rate at 3.3%

The median forecast has headline CPI rising to 2.7% from 2.6%.

[Michael Brown @MrMBrown]

2025 G10 central bank meeting dates

[Michael Brown @MrMBrown]

$NVDA earnings out

*NVIDIA 3Q ADJ EPS 81C, EST. 74C

*NVIDIA 3Q REV. $35.1B, EST. $33.25B

*NVIDIA 3Q DATA CENTER REVENUE $30.8B, EST. $29.14B

*NVIDIA SEES 4Q REV $37.5B PLUS OR MINUS 2%

[Investing visuals @InvestingVisual]

All eyes are on NVIDIA $NVDA reporting earnings tomorrow after hours.

Here's a quick pre-earnings overview 🔍👇

🔹Est. Revenue: $33.1B (+83%)
🔹Est. EPS: $0.75 (+85%)

[Nick Timiraos @NickTimiraos]

Economists who produce detailed inflation forecasts expect the October CPI to show a firmer increase in core prices, with the median forecast pointing to a 0.30% rise (+3.3% Y/Y)

The headline CPI is seen rising 0.21% (+2.6% Y/Y)

[Nick Timiraos @NickTimiraos]

The Fed cut rates by 25 bps, as expected. The decision was unanimous this time.

The FOMC statement had minimal changes.

[*Walter Bloomberg @DeItaone]

Polling Station Closing Times
#USElection2024

[*Walter Bloomberg @DeItaone]

When Previous Presidential Election Results Were Called

[Michael Brown @MrMBrown]

Chunky rise in 1wk FX implieds, now covering election day next week...extrapolated trading ranges below...

[PiQ @PiQMarkets]

🚀 $SPY snapshot on election years.

SPY was +6% YTD on Oct 28, 2016
SPY was +3% YTD on Oct 28, 2020
SPY is +24% YTD on Oct 28, 2024

Stat brought to you by Mr @AHart1974

*Edited to add the chart from @MrMBrown

[Pepperstone AU @PepperstoneFX]

The first Friday of the month brings an update on the US labor market. Signs of slowing job growth could trigger another 50bp Fed cut as the FOMC focuses on employment over inflation.

Read Senior Research Strategist @MrMBrown's preview here 👉
https://t.co/Ga9syBFQ6I

[David Cheetham, CFA @DavidCheetham3]

@PiQSuite Nice one mate!