Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Global stock markets surged to new highs on Thursday, propelled by chipmaker Micron Technology's upbeat forecast. The S&P 500 and Europe's STOXX 600 closed at all-time highs, while the MSCI global index set an intraday record.
Micron Leads Semiconductor Gains
Micron’s positive forecast spurred a 14.7% jump in its shares, lifting the semiconductor sector index by 3.5%. The company’s forecast renewed optimism for chip demand in artificial intelligence computing.
Treasury Yields and Federal Reserve Outlook
U.S. Treasury yields rose following robust economic data, lowering expectations of a 50-basis-point rate cut by the Federal Reserve at its November meeting.
European Markets Follow China’s Lead
European stocks, especially China-exposed sectors, saw gains following announcements of potential stimulus from China’s politburo. Markets are also anticipating the issuance of special sovereign bonds to boost Chinese consumption.
Silver and Gold Rally; Oil Prices Drop
Silver hit its highest level since 2012, and gold reached a record peak. Oil prices, however, fell on news that Saudi Arabia plans to increase output and abandon its $100-a-barrel price target.
Currency Movements
The U.S. dollar weakened after positive economic data, while the Swiss franc strengthened after a rate cut by the Swiss National Bank. The euro rose against the dollar amidst speculation of an interest rate cut by the European Central Bank.
