Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path 
US Imposes Fresh Iran Oil Sanctions Despite Progress on Ceasefire Talks 
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Dollar Gains Slightly as U.S.-Iran Tensions Keep Forex Markets on Edge 
Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution 
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026 
Canada and Germany Advance Major LNG Supply Partnership 
Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
Oil Prices Set for Sharp Weekly Losses as U.S.-Iran Ceasefire Hopes Ease Supply Concerns 
Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
European EV Sales Surge in April 2026 as Tesla and Chinese Automakers Gain Ground 
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices 
Nikkei Hits Record High as AI Chip Stocks Power Japan Market Rally 
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.
