RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
U.S. Stock Markets Rally on Amazon's Earnings
On Friday, U.S. stock indexes experienced a notable uptick, driven primarily by Amazon.com, which saw a 6.2% increase in shares following robust earnings that exceeded expectations. The positive momentum from Amazon helped mitigate losses in other tech stocks, notably Apple, which declined by 1.2% due to a conservative growth outlook.
Treasury Yields Rise Amid Economic Concerns
As stock markets rallied, 10-year Treasury yields reached a four-month high of 4.361%, up 7.7 basis points. This rise comes after a disappointing U.S. jobs report revealed minimal job growth in October, affected by industrial strikes and hurricanes. However, the unemployment rate remained steady at 4.1%, suggesting stability in the labor market.
Political Uncertainty Influences Investor Sentiment
With only four days until the U.S. presidential election, polls indicate a tight race between Republican Donald Trump and Democratic Vice President Kamala Harris. Strategists warn of a deteriorating fiscal trajectory regardless of the election outcome.
Global Market Trends
In global markets, MSCI's index rose by 0.34% as European stocks marked their largest single-day gain in five weeks, with the STOXX 600 climbing 1.09%. The dollar strengthened against the euro, trading at $1.084, while Bitcoin saw a slight increase of 0.57% to $69,531.
Conclusion
In summary, U.S. stock markets benefited from Amazon's strong performance, while Treasury yields climbed amid mixed economic signals. The upcoming election remains a critical focus for investors as they navigate these market fluctuations.
