Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
U.S. Stock Markets Rally on Amazon's Earnings
On Friday, U.S. stock indexes experienced a notable uptick, driven primarily by Amazon.com, which saw a 6.2% increase in shares following robust earnings that exceeded expectations. The positive momentum from Amazon helped mitigate losses in other tech stocks, notably Apple, which declined by 1.2% due to a conservative growth outlook.
Treasury Yields Rise Amid Economic Concerns
As stock markets rallied, 10-year Treasury yields reached a four-month high of 4.361%, up 7.7 basis points. This rise comes after a disappointing U.S. jobs report revealed minimal job growth in October, affected by industrial strikes and hurricanes. However, the unemployment rate remained steady at 4.1%, suggesting stability in the labor market.
Political Uncertainty Influences Investor Sentiment
With only four days until the U.S. presidential election, polls indicate a tight race between Republican Donald Trump and Democratic Vice President Kamala Harris. Strategists warn of a deteriorating fiscal trajectory regardless of the election outcome.
Global Market Trends
In global markets, MSCI's index rose by 0.34% as European stocks marked their largest single-day gain in five weeks, with the STOXX 600 climbing 1.09%. The dollar strengthened against the euro, trading at $1.084, while Bitcoin saw a slight increase of 0.57% to $69,531.
Conclusion
In summary, U.S. stock markets benefited from Amazon's strong performance, while Treasury yields climbed amid mixed economic signals. The upcoming election remains a critical focus for investors as they navigate these market fluctuations.
