- Gold continue the decline, losing more than 1%
- Indices from Europe and US decline slightly
- US earnings season in focus on Wall Street
- Gold continue the decline, losing more than 1%
- Indices from Europe and US decline slightly
- US earnings season in focus on Wall Street
- Yesterday, U.S. stock indexes rose sharply, with the Dow Jones Industrial Average and Russell 2000 climbing to new all-time highs. Investors are now focusing on tomorrow’s Federal Reserve decision — where markets expect a 25 basis point rate cut and maybe an official end to the quantitative tightening (QT) program — as well as Thursday’s summit between Donald Trump and Chinese President Xi Jinping.
-
Analysts at LH Meyer believe that although halting the balance sheet reduction process is not certain, the growing strains in the short-term funding market make this scenario increasingly likely.
- After today’s session, we’ll see earnings reports from Visa, PayPal, UPS, UnitedHealth, Southern Copper, Booking Holdings, and Mondelez. Before the opening bell on Wall Street, results are expected from Novartis, NextEra Energy, Sherwin-Williams, and Royal Caribbean.
-
During the Asian session, declines dominated as investors took profits after several days of gains. Japan’s Nikkei fell by nearly 300 points to 50,200, despite the recently signed trade agreement with the United States. Chinese indexes also posted modest losses.
-
South Korea’s GDP grew by 1.2% in the third quarter, marking the strongest increase in more than a year. Exports of goods and services rose 6% year on year, the fastest pace since the third quarter of 2024. The manufacturing sector expanded 3.3%, while the construction sector was the biggest drag on the economy, contracting 8.1% year on year. The domestic KOSPI index slipped 0.8%.
- U.S. index futures are trading slightly lower this morning, down between 0.1% and 0.15%, with most major European futures — including UK100 and DE40 — also in the red. Gold is seeing a notable pullback, dropping more than 1% to $3,950 per ounce, followed by a decline in silver. The U.S. dollar is edging lower, while EUR/USD is up about 0.1% to 1.166. In Europe, the key data release today will be German consumer sentiment, measured by the GfK index.
- After yesterday’s U.S. session, Nucor shares gained 2% following strong third-quarter results. The steel producer reported earnings per share of $2.63, surpassing earlier guidance of $2.05–$2.15 per share (FactSet).
- Revenue reached $8.52 billion, ahead of the $8.18 billion consensus estimate. However, Nucor warned that earnings for the current quarter are expected to come in lower than those of Q3.
- F5 Networks fell more than 6% after issuing disappointing guidance, citing potential “short-term disruptions to sales cycles” following a system breach earlier this month attributed to state-backed Chinese hackers.
- Meanwhile, NXP Semiconductors, the Dutch chip manufacturer, saw its shares rise nearly 2% after reporting third-quarter results above Wall Street expectations and delivering a stronger-than-anticipated forecast for the current quarter.
- OpenAI has asked the U.S. government to massively expand its energy capacity to stay ahead in artificial intelligence. In a filing to the White House, it called for 100 gigawatts of new power each year to close the “electron gap” with China. The company warned that limited electricity could slow AI progress and economic growth.
- Yesterday, Amazon announced plans to lay off 30,000 employees, primarily from its advertising and human resources divisions. Media giant Paramount Global also confirmed the start of a round of layoffs affecting about 1,000 workers. Meanwhile, BlackRock CEO Larry Fink said that the United States will likely maintain an “overweight” rating in investment funds for at least the next 18 months.
- White House informed that U.S. signed a trade deal with Japan to collaborate on securing critical minerals, rare earths supply chain by addressing non-market policies and unfair trade practices. Taiwan Foreign Minister informedthat Taiwan, U.S. have very close cooperation on security, trade and so; asked whether worried Trump will abandon Taiwan at Xi talks: no, Taiwan-U.S. ties are very stable.
Economic calendar: Fed, BoC and Mag 7 companies to fight for investors' attention (29.10.2025)
BREAKING: SPA35 ticks down on lower-than-expected GDP in Spain 🇪🇸 📉
BREAKING: USDSEK dip 0.15% on above-estimates GDP data in Sweden 🇸🇪
BREAKING: US CB Consumer Confidence report stronger than expected 🗽
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
