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On Monday, the Dow Jones Index (US30) rose by 1.29%. The S&P 500 Index (US500) gained 1.56%. The technology-heavy Nasdaq Index (US100) closed 2.21% higher. Major US stock indices soared on Monday, recovering from a sharp sell-off on Friday after President Trump softened his tone on US-China trade tensions, assuring that relations with Beijing “will be fine.” Technology stocks led the gains: Nvidia and AMD rose by 2.9% and 0.8% respectively, Oracle was up 5.1%, and Broadcom climbed 9.9% after confirming a partnership with OpenAI in the field of artificial intelligence. Nevertheless, investors remained cautious amidst the protracted government shutdown and delayed release of economic data.

European indices rose on Monday, boosted by an easing of international tensions and the start of the earnings season. Germany’s DAX (DE40) increased by 0.60%, France’s CAC 40 (FR40) closed 0.23% higher, Spain’s IBEX35 (ES35) gained 0.42%, and the UK’s FTSE 100 (UK100) closed 0.16% higher. Investors also monitored Trump’s trade overtures and political developments in France. French President Emmanuel Macron unveiled a new cabinet in an attempt to curb the growing political crisis, reappointing Prime Minister Sebastien Lecornu.

WTI crude oil prices rose to 59.7$ per barrel on Tuesday, extending the previous day’s gains amid hopes for an easing of US-China trade tensions. Prices also rose after Trump stated that he was considering supplying Ukraine with long-range Tomahawk missiles, increasing the risk of further supply disruptions from Russia. However, the rise in oil prices was limited, as easing tensions in the Middle East reduced risk premiums after Hamas released Israeli hostages and Israel released Palestinian prisoners.

The price of silver jumped more than 1% on Tuesday to over 53$ per ounce, reaching a new all-time high, as a historic market squeeze and reduced liquidity in London forced traders to scramble for physical supplies worldwide. On Friday, physical silver lease rates in London skyrocketed by over 30%, driving the cost of rolling over short positions to unsustainable levels. At the same time, a surge in demand from India in recent weeks further compounded the supply deficit, following earlier silver shipments to New York due to concerns that US customs duties might be imposed on the metal. On the geopolitical front, markets remained focused on US-China trade dynamics ahead of a potential meeting between Trump and Xi in South Korea later this month.

Asian markets mostly declined yesterday. Japan’s Nikkei 225 (JP225) fell by 1.01%, China’s FTSE China A50 (CHA50) dropped by 0.80%, Hong Kong’s Hang Seng (HK50) decreased by 1.52%, and Australia’s ASX 200 (AU200) recorded a negative result of 0.84%.

The Hang Seng Index fell sharply on Monday, marking its sixth consecutive session of losses, as all sectors weighed negatively on the index. Sentiment was further dampened after President Trump announced 100% tariffs on Chinese exports and new export controls on critical software, effective November 1, in response to Beijing’s restrictions on rare earth metal supplies. Traders shrugged off his subsequent statements that “trade relations with China will be fine.” Hong Kong markets hit a month-low, following a slide in mainland stocks from ten-year highs. Losses were partly offset by stronger-than-expected Chinese trade data, which showed a significant increase in exports and imports in September. Xiaomi fell by 6.1% following news of a fire in an SU7 car, and China Vanke dropped by 3.3% after the resignation of its chairman.

The minutes from the Reserve Bank of Australia’s (RBA) October meeting indicated that the central bank sees no need for additional rate cuts. The RBA kept the cash rate at 3.6% in September 2025, following a 25 basis point reduction in the previous month, maintaining borrowing costs at their lowest level since April 2023. The central bank noted that monetary policy remains somewhat restrictive, but the full effect of earlier easing measures is still filtering through the economy, as evidenced by rising house prices and credit growth.

On Tuesday, the Monetary Authority of Singapore (MAS) kept its monetary policy unchanged, maintaining the band of the Singapore dollar nominal effective exchange rate. Following two policy easings this year, the central bank stated that it remains well-positioned to respond to risks to medium-term price stability and is closely monitoring global uncertainties. Preliminary estimates showed that the country’s Q3 GDP grew by +1.3% quarter-on-quarter, slightly below the Q2 figure of 1.5%, but above expectations.

• S&P 500 (US500) 6,654.72 +102.21 (+1.56%)
• Dow Jones (US30) 46,067.58 +587.98 (+1.29%)
• DAX (DE40) 24,387.93 +146.47 (+0.60%)
• FTSE 100 (UK100) 9,442.87 +15.40 (+0.16%)
• USD Index 99.25 +0.27 (+0.27%)
   

News feed for: 2025.10.14

• Australia RBA Meeting Minutes at 03:30 (GMT+3);
• German Inflation Rate (m/m) at 09:00 (GMT+3);
• UK Unemployment Rate (m/m) at 09:00 (GMT+3);
• Switzerland Producer Price Index (m/m) at 09:30 (GMT+3);
• German ZEW Economic Sentiment (m/m) at 12:00 (GMT+3);
• Eurozone ZEW Economic Sentiment (m/m) at 12:00 (GMT+3);
• US Fed Chair Powell Speech at 19:20 (GMT+3);
• UK BOE Gov Bailey Speech at 20:00 (GMT+3).

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