Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Asian Markets Decline Amid U.S. Election Uncertainty
Most Asian stocks fell on Tuesday as traders remained risk-averse due to uncertainty surrounding interest rates and the upcoming U.S. presidential election. In contrast, Chinese markets showed resilience, drifting higher after the People's Bank of China announced an interest rate cut.
Wall Street’s Impact on Asian Markets
Regional markets were influenced by a weak performance on Wall Street, where U.S. stock benchmarks retreated from record highs amid rising Treasury yields and the impending earnings season. In Asian trading, U.S. stock index futures were slightly negative, signaling cautious investor sentiment.
With the U.S. presidential elections only two weeks away, market attention is focused on the race between Republican nominee Donald Trump and Vice President Kamala Harris, with recent polls indicating Trump gaining an advantage.
Japan’s Nikkei 225 Leads Losses
Japan's Nikkei 225 was the worst performer in Asia, dropping 1.7%, while the TOPIX index declined by 1.1%. This downturn occurred despite a weakening yen, which usually benefits export-oriented stocks. Market participants are awaiting upcoming Japanese elections and a Bank of Japan meeting at the end of October, alongside crucial inflation data from Tokyo later this week.
Chinese Stocks Gain Following Rate Cut
Conversely, Chinese stocks provided a glimmer of hope, with the Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rising by 0.2% to 0.3%. This uptick followed a slightly larger-than-expected cut to the benchmark loan prime rate, part of a broader stimulus effort by Beijing to boost economic growth. While optimism initially drove Chinese markets to two-year highs in October, concerns over the measures' timing and scale have tempered enthusiasm.
