South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Global stock markets surged to new highs on Thursday, propelled by chipmaker Micron Technology's upbeat forecast. The S&P 500 and Europe's STOXX 600 closed at all-time highs, while the MSCI global index set an intraday record.
Micron Leads Semiconductor Gains
Micron’s positive forecast spurred a 14.7% jump in its shares, lifting the semiconductor sector index by 3.5%. The company’s forecast renewed optimism for chip demand in artificial intelligence computing.
Treasury Yields and Federal Reserve Outlook
U.S. Treasury yields rose following robust economic data, lowering expectations of a 50-basis-point rate cut by the Federal Reserve at its November meeting.
European Markets Follow China’s Lead
European stocks, especially China-exposed sectors, saw gains following announcements of potential stimulus from China’s politburo. Markets are also anticipating the issuance of special sovereign bonds to boost Chinese consumption.
Silver and Gold Rally; Oil Prices Drop
Silver hit its highest level since 2012, and gold reached a record peak. Oil prices, however, fell on news that Saudi Arabia plans to increase output and abandon its $100-a-barrel price target.
Currency Movements
The U.S. dollar weakened after positive economic data, while the Swiss franc strengthened after a rate cut by the Swiss National Bank. The euro rose against the dollar amidst speculation of an interest rate cut by the European Central Bank.
