Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
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 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
New Home Prices in China Rise Amid Market Recovery Efforts
In October, new home prices in China experienced a notable increase, reflecting a potential shift in the property market's trajectory. According to a private survey by the China Index Academy, the average price across 100 cities rose by 0.29% from the previous month, surpassing September's growth of 0.14%. Year-on-year, prices climbed 2.08%, up from 1.85% in September.
The Chinese property sector, which once contributed approximately 25% of the nation's economic activity, has faced a prolonged downturn since 2021, significantly impacting the world’s second-largest economy. In response, authorities implemented various easing measures at the end of September, such as reducing the minimum down payment ratio to 15% for all housing categories and relaxing home purchase restrictions. These initiatives seem to have positively influenced major cities, with Shanghai reporting a significant month-on-month price increase of 1.09%.
Despite these gains, smaller cities continue to struggle. The average new home prices in these areas declined by 0.02% from the previous month, highlighting ongoing cautious buyer sentiment. Overall, new home sales by value dropped 34.7% year-on-year from January to October, though a 10.53% rise was observed in October alone.
Economists from Nomura caution that while top-tier cities may be experiencing temporary demand boosts from easing measures, sustainable recovery will require ensuring the delivery of pre-sold homes, particularly in lower-tier cities. They emphasize that direct funding support from Beijing will be essential for reversing the current slump in the property market.
