European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Japan Private-Sector Growth Slows as Domestic Demand Weakens 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
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Asian stock markets tumbled on Friday, marking steep weekly losses as a global tech sell-off intensified amid valuation concerns and renewed U.S.-China tensions. Technology shares in Japan and South Korea led the decline, while investors awaited China’s October trade data for further direction.
Japan’s Nikkei 225 slumped 2.3%, heading for a 5% weekly drop as major tech stocks dragged the index lower. SoftBank Group fell 9%, while chipmaker Advantest Corp lost over 7%. In South Korea, the KOSPI index plunged nearly 3%, extending its weekly loss to more than 4%, weighed down by declines in Samsung Electronics and SK Hynix. Analysts warned that inflated valuations in semiconductor and AI sectors may be unsustainable, fueling fears of a market correction.
The sell-off mirrored heavy losses on Wall Street overnight, where tech shares extended declines amid caution from top U.S. banking executives who warned of an equities bubble. Futures tied to U.S. indexes remained mostly flat during Asian trading hours.
Elsewhere, Australia’s S&P/ASX 200 slipped 0.6% and was set to drop over 1% for the week. India’s Nifty 50 opened 1% lower, while Singapore’s Straits Times Index traded mostly steady.
Adding to market jitters, China’s October trade figures disappointed investors, showing a surprise drop in exports and weaker imports, signaling sluggish global demand and domestic weakness. Meanwhile, escalating U.S.-China tech tensions added pressure. Reports suggested Washington plans to block Nvidia from selling scaled-down AI chips to China, while Beijing reportedly intends to restrict foreign-made AI chips in state-funded data centers—moves that could further strain global chip supply chains.
China’s Shanghai Composite and CSI 300 indices dipped 0.2%, and Hong Kong’s Hang Seng Index fell 1.2%, dragged down by a 2% slide in the Hang Seng TECH Index.
