Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
ECB May Stop Rate Hikes After December, Capital Economics Says 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
UK PM Burnham to Unveil Economic Vision at Labour Conference 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
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Last week, the US Dollar performed strongly in the currency markets, with the Dollar Index and 10-year Treasury yields rising above key resistance levels. As the US election approaches, there are expectations that a potential Trump victory could boost the Dollar and inflation concerns.
In September, US durable goods orders decreased by 0.8%, better than the expected drop of 0.9%, mainly due to a decline in transportation equipment. However, orders excluding transportation rose by 0.4%, indicating positive trends.
In Japan, recent snap elections led the Yen to fall to a three-month low against the US Dollar due to political instability. Speculation surrounds potential delays in interest rate hikes, influenced by a weakened ruling coalition.
Next week will be busy, with key earnings reports from major tech companies and important US jobs data, which could affect interest rates and stock market performance. The earnings dates for the "magnificent 7" companies are as follows:
- Alphabet (GOOGL): October 29
- Meta Platforms (META): October 30.
- Microsoft (MSFT): October 30.
- Amazon (AMZN): October 31.
- Apple (AAPL): October 31.
