Market Pulse - Tuesday, Oct. 20

Macro theme: AI-funding doubts and oil-driven rate fears are hitting risk appetite. Brent is near $110 on Hormuz and Middle East tensions, and the Fed is expected to hold on Oct 27–28 with a December hike heavily priced in

Wall Street (Monday close):

S&P 500: 7,691 (+0.4%)

Nasdaq: 26,431 (+1.1%)

Dow: 51,966 (–0.1%)

Europe closed lower: DAX –1.2%, FTSE 100 –1.1% 📉

Asian markets:

Nikkei 225: ~63,980 (–1.4%)

KOSPI: ~5,521 (–4.3%), chipmakers under heavy pressure 💥

Hang Seng: ~23,876 (–1.3%)

Shanghai Comp: ~3,715 (–0.4%), PBoC left lending rates unchanged

ASX 200: 8,817 (–0.3%)

Markets:

Gold: ~$4,135

Silver: ~$57.3

Brent: ~$110

EUR/USD: ~1.1235, near multi-month lows on French unrest

USD/JPY: ~158.2

Bitcoin: ~$82,000 (–0.9%)

Ethereum: ~$2,410

Today (GMT+3):

09:00 – UK Claimant Count

15:30 – Housing Starts (Sep, forecast 1.30M)

17:00 – Atlanta Fed GDPNow

Netflix earnings; Meta, Tesla and IBM report Wednesday

Watch oil, yields and tech earnings for the next move!