TURKISH WEEKLY REPO RATE ACTUAL 39.50% (FORECAST 39.5%, PREVIOUS 40.50%) $MACRO

T-Mobile Q3 2025 Earnings $TMUS EPS $2.41 vs. $2.61 y/y Rev. $21.96b, est. $21.98b Capex $2.64b, est. $2.36b Adj. ebitda $8.68b, est. $8.62b Total customers 139.95m, est. 136.93m Total net customers +2.39m, est. +1.58m Prepaid ARPU $33.93, est. $34.74 Postpaid phone net

Morning Juice - US Session Prep (23rd October) features.financialjuice.com/2025/10/23/mor…

Secured Overnight Financing Rate 4.21% October 22 vs 4.23% October 21.

China Commerce Ministry, on EU's Russia-related sanctions: We will take necessary measures to safeguard rights and interests.

Chinese national oil companies PetroChina, Sinopec, CNOOC, and Zhenhua Oil will refrain from dealing in seaborne Russian oil at least in the short-term due to concern over sanctions - Sources.

Effective Fed funds rate 4.11% October 22nd vs 4.11% October 21st.

Kuwait's Oil Minister: I see signs showing oil demand is shifting to the Gulf and the Middle East.

🔴 MOO IMBALANCE S&P 500: 103.8 MLN NASDAQ 100: 4.6 MLN DOW 30: -44.6 MLN MAG 7: 9.2 MLN $MACRO

Japan PM Takaichi to build relationship of trust with Trump, work closely to further elevate Japan-US relations

White House: There will likely not be an inflation release next month for the first time in history - Post on X.

WH Sr. Adviser Hassett: Inflation is decelerating, which takes pressure off the Fed.

WH Sr. Adviser Hassett: Expect Trump to talk to Canada again by the end of the term.

WH Sr. Adviser Hassett: The shutdown could drop GDP by a tenth of a per cent each week.

RBA's Gov. Bullock: We're bringing down inflation and keeping jobs very satisfying

RBA's Gov. Bullock: CPI 30bps over forecast would be quite a material miss.

🔴 GERMAN IFO EXPECTATIONS ACTUAL 91.6 (FORECAST 90, PREVIOUS 89.7) $MACRO

Kremlin on Trump saying Putin should end the war instead of testing missiles: Russia is guided by its own national interests

Putin to meet with North Korea's foreign minister today - TASS

WH Sr. Adviser Hassett: Trump thinks interest rates could be lower - CNBC interv