US Premarket Update Delta Soars on Earnings While Ferrari Faces Setback Amid Mixed Futures

# US Premarket Update: Delta Soars on Earnings While Ferrari Faces Setback Amid Mixed Futures

**Note**: This analysis is generated during US premarket, markets closed but futures trading. Event times in US Eastern Time.

## Major News

Global markets exhibited mixed sentiment today, driven by a range of corporate earnings and macroeconomic developments. US futures showed slight changes, with S&P 500 futures up 0.06% and Dow futures similarly rising, while Nasdaq futures dipped 0.04%. The S&P 500 and Nasdaq Composite recently reached all-time highs, reflecting robust investor confidence.

In Europe, the Euro Stoxx 50 fell slightly by 0.02%, while the DAX and CAC 40 gained 0.12% and 0.17%, respectively. The FTSE 100, however, declined by 0.25%. Notably, Delta Air Lines exceeded profit forecasts, bolstered by higher fares and strong luxury demand, contributing positively to airline stocks. Conversely, Ferrari faced a challenging day, with disappointing guidance leading to potential record losses in trading.

In commodities, silver prices surged to $50 per ounce, the highest since the 1980s, amid increasing demand for safe-haven assets. Gold prices paused their rally as tensions in the Middle East eased. The bond market remains skeptical, suggesting stable long-term inflation expectations despite gold’s rise. Overall, market sentiment remains cautious yet optimistic, with ongoing developments in corporate earnings and geopolitical landscapes influencing

## Performances

### US Futures

US futures indicate opening sign for cash market.

### Major US Indices (Previous Close)

### FX Performance

### Commodities Performance

### BTC and ETH Performance

## High-Importance Economic Events

On October 9, 2025, several significant economic events are poised to influence market dynamics, particularly in the currency sector.

At 02:00 ET, the German Trade Balance for August reported a surplus of €17.2 billion, exceeding expectations of €15.1 billion. This positive surprise may strengthen the euro (EUR) as it reflects robust export performance, bolstering confidence in the German economy.

Subsequently, at 08:00 ET, Brazil’s CPI for September came in at 5.17%, slightly below the forecast of 5.22%. This lower-than-expected inflation figure could lead to a depreciation of the Brazilian real (BRL) as it suggests easing inflationary pressures.

In the U.S., notable speeches from Fed officials, including Chair Powell at 08:30 ET and Vice Chair Barr at 12:45 ET, are anticipated to provide insights into monetary policy direction, potentially impacting the U.S. dollar (USD). The construction spending report at 11:00 ET, expected to show a decline of 0.1%, could further influence market sentiment.

Overall, the day’s events highlight key economic indicators and central bank communications that are likely to shape currency valuations, particularly for the EUR