European Stocks Hold Steady as Consumer Shares Rise, AI Tech Selloff Weighs on Markets 
Iran Targets U.S. Bases in Bahrain, Kuwait as Hormuz Conflict Escalates and Oil Prices Jump 
Asian Currencies Slip as Stronger US Dollar, Iran Tensions Pressure Regional FX 
Japan Revises Economic Blueprint to Reassure Markets on BOJ Independence 
Japan Regional Bank Stocks Drop After Zentoshin Bankruptcy Sparks Credit Risk Concerns 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Asia Stocks Fall as Samsung Earnings Fail to Ease AI Valuation Concerns 
Oil Prices Rise as Strait of Hormuz Risks Offset OPEC+ Supply Increase 
South Korea’s KOSPI Plunges as Samsung, AI Chip Stocks Trigger Market Sell-Off 
Gold Price Rises as Softer Dollar and Fed Rate Expectations Boost Bullion Demand 
This week is less risk heavy. Focus is on NFP report from the Unites States.
What to watch for over the coming days:
- US earnings:
Earnings are once again back in focus. S&P 500, as well as, stocks around the world, would be much influenced by third quarter figures. Big names include, CSX, Delta Airlines, Wells Fargo, Citigroup, JP Morgan and more.
- Central banks:
US Federal Reserve will release its monetary policy minutes on Wednesday. Federal Reserve chair Janet Yellen is scheduled to speak on Friday at an annual conference organized by Boston Fed. Among other notable central bankers’ Mark Carney of Bank of England (BoE) is scheduled to speak on Friday. Also expect pound related commentaries from his deputies.
- US data:
Lots of economic dockets from the US this week; major focus will be on retail sales report on Friday.
- Chinese data:
Lots of Chinese data scheduled for this week; FDI, money supply, and loan statistics on Tuesday, Trade balance for September on Thursday; and inflation report on Friday.
In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.
