#NewsSquawk via #ZeroHedge: "HEADLINES
- European bourses are marginally firmer ahead of Tier 1 events while US futures are slightly softer post-AAPL
- USD depressed pre-data with NZD outperforming & JPY contained, CAD cautious ahead of its own jobs numbers
- Bunds & Gilts towards the low-end of their parameters with USTs modestly bid
- Crude benchmarks are modestly firmer as we await remarks from Hezbollah's Nasrallah
- Looking ahead, highlights include US NFP & ISM Services, Canadian Employment, Hezbollah remarks. Speeches from Fed's Barr & Kashkari, BoE's Haskel.
NOTABLE US HEADLINES
- US House passed legislation to provide USD 14bln in new aid to Israel although it faces resistance in the Senate and opposition from the White House as it fails to fund Ukraine or other foreign policy priorities, according to FT.
- Apple Inc (AAPL) Q4 2023 (USD): EPS 1.46 (exp. 1.39), Rev. 89.5bln (exp. 89.28bln), Products rev. fell 5.3% Y/Y to 67.18bln (exp. 67.82bln), iPhone rev. rose 2.8% Y/Y to 43.81bln (exp. 43.73bln), Mac rev. fell 34% Y/Y to 7.61bln (exp. 8.76bln), iPad rev. fell 10% Y/Y to 6.44bln (exp. 6.12bln), Service rev. rose 16% Y/Y to USD 22.31bln (exp. 21.37bln), Greater China rev. fell 2.5% Y/Y to 15.08bln (exp. 17.01bln). Co. shares were seen lower by 3.4% in after-hours trade, -3.3% in pre-market trade.
- US President Biden's campaign strategy for 2024 is to offer voters a choice between the president's steady hand and "whoever emerges from the extreme MAGA Republicans' primary field.", via Axios; recognise that they face a "very close" election.
- Click here for the US Early-Morning note.
GEOPOLITICS
- PRIMER: Hezbollah chief Hassan Nasrallah speaks at 13:00GMT/09:00EDT. Click here for full details.
ISRAEL-HAMAS
- Iran's Supreme Leader commented via social media platform X that the "...occupying entity is helpless and confused now, and without American support will be silenced within days".
- Iraqi armed factions say, from next week, they will begin a new phase of escalation against US bases within the region, via Sky News Arabia.
- US State Department says Blinken will emphasize in Israel the need to prevent the expansion of the conflict, via Sky News Arabia.
OTHER
- Russian attack hit civilian targets and a fire broke out in Ukraine's city of Kharkiv with casualties being clarified, according to the Mayor cited by Reuters."