Two-minute market brief

Current catalysts · observed market links · next scheduled risks

Updated 13:33:50 CET

Driving markets now

• 13:05:00 CETCorporate catalystMRVL · LITE Marvell and Lumentum agree to combine, targeting a $550 billion total addressable market and more than $1 billion in annual run-rate cost synergies MRVL · at release 194.8 → 1 min 191.01 → 10 min 203.25 · +4.34%
• Sun 21:01:02 CETCommodities A diplomat involved in US-Iran talks told Axios that discussions had advanced positively, with mediators working to close remaining gaps and concerns between both sides.
• 12:56:03 CETGeopolitics & supply risk According to the FT, citing sources, Israeli PM Netanyahu reportedly urged US President Trump to resume military operations against Iran swiftly after this week's US elections.

Data released · Retained for 30 hours

• 10:30:00 CETGB UK Manufacturing PMI Final — actual 52.8, forecast 52.8, previous 52.8 GBPUSD · at release 1.34368 → 1 min 1.34337 → 10 min 1.3426 · -0.08%

Next scheduled risks · Next 3 days

• Mon · after US closeUS AAPL earnings · est $1.98
• Mon · after US closeUS PLTR earnings · est $0.33
• Tue · 08:00 CET · in 18hTR Turkish CPI MoM · est 2.42% · prev 1.84%
• Tue · 22:45 CETNZ New Zealand Unemployment Rate · est 5.5% · prev 5.6%
• Wed · 09:30 CETSE Swedish Riksbank Rate · est 2% · prev 1.75%
• Wed · 11:00 CETEU Eurozone CPI YoY Flash · est 4% · prev 3.8%

MoveSurge carries market-moving headlines the moment they reach the wire, each one with what the price did next.