Global shares held a three-day gain that took them to within touching distance of a record high as President Donald Trump signed legislation to end the longest government shutdown in US history. Asian shares and the MSCI All Country World Index fluctuated between small gains and losses as investors stayed cautious with limited economic data clouding the outlook for the Federal Reserve’s policy. Contracts for the S&P 500 Index edged up 0.1% after the underlying gauge rose for four successive days on optimism over a resolution to the shutdown. Gold extended its advance to a fifth day, partly in expectation of further interest-rate cuts after Washington returns to work — a positive for the metal. The Japanese yen was in focus as traders were increasingly skeptical that the country’s new government would be able to shore up the currency through direct intervention, as the yen slumped toward levels that previously drew authorities into the market. The yen hovered around 155 to the dollar. With the US earnings season drawing to a close, markets are turning their focus to the Fed and prospects for rate cuts as the next catalyst to extend the rally from the April lows. The absence of key indicators — such as unemployment figures and October’s consumer price index — has fueled uncertainty around monetary policy, with the White House confirming those reports are unlikely to be released due to the shutdown. Trump’s signature marked the official conclusion to a 43-day impasse that halted food aid to millions of households, canceled thousands of flights and forced federal workers to go unpaid for more than a month. The government can begin to resume normal operations, with federal workers expected back on the job starting Thursday. It could still take days, or even weeks, for the federal bureaucracy to fully restart and dig out of the backlog after being closed since Oct. 1. With the government shutdown delaying key economic data, the real challenge isn’t the short-term drag on growth — it’s the increasing difficulty for investors and the Fed to gauge the economic outlook, noted Seema Shah at Principal Asset Management. However, in the latest comments from a US central bank official, Boston Fed President Susan Collins said she favored holding rates steady amid still-strong growth that could slow or stall progress on cooling inflation. Collins, who votes on policy this year, said last month’s rate cut — the second in a row — was “prudent” in order to support a labor market where hiring has weakened. She said the Fed’s policy rate, currently in a range of 3.75% to 4%, remains “mildly restrictive,” which is appropriate given that inflation remains above the Fed’s 2% target. Elsewhere, oil steadied after slumping the most since June as OPEC said crude supplies surpassed demand sooner than anticipated. Brent fell toward $62 a barrel after losing almost 4% in the previous session, while West Texas Intermediate was near $58. Energy stocks in Australia fell. Also in Australia, stocks declined and shorter yields jumped after stronger-than-estimated jobs data damped expectations for rate cuts from the country’s central bank. US After Hours CSCO +7.9% higher on earnings; SEE +22% on WSJ report that buyout firm in talks to take co private; WBTN -15%, FLUT -4.4% lower on earnings
Nikkei +0.43% Hang Seng +0.37% CSI +1.17% Shanghai +0.69% Shenzen +1.45%
Eur$ 1.1582 CNH 7.1085 CNY 7.1034 JPY 154.95 GBP 1.3118 CHF 0.7993 RUB 81.0728 TRY 42.2502 WTI$ 58.38 -0.15% Gold 4,206 +0.26% BTC 103,404 +1.46% ETH 3,543 +3.53% SOL 156.78 +1.75%
S&P +0.23% Nasdaq +0.37% EuroStoxx +0.26% FTSE +0.04% Dax +0.28% SMI +0.02%
Macro :
- Bill to End Government Shutdown Has Enough Votes to Pass House
- FDA Unveils New Path for Approving Drugs for Just One Patient
- A $25 Billion Bitcoin Bet Frays as Doubt Hits Big Buyers
- Britain Is Preparing Tens of Billions in New Taxes—Again - WSJ
- Anduril Partners with UAE’s EDGE Group to Make Drones in Mideast
- Watch UK Homebuilders as Agents Warn of Budget Fears
Keep an eye on :
Keep an eye on :
- ACS SM : ACS Agrees to Sell 50% in Data Center Unit to GIP: Expansion
- AGN NA : Aegon 3Q Adj. Oper Capital Generation EU340M Vs. EU336M Y/y
- AGFB BB : Agfa-Gevaert 3Q Adjusted Ebit Loss EU4M Vs. Profit EU4M Y/y
- BABA US : Alibaba Preps Big Revamp of Flagship AI App to Rival ChatGPT
- AMD US : AMD Rallies After Predicting Accelerating AI Sales Growth
- AAG GY : Aumann 9M Ebitda Margin 11.6% Vs. 10.8% Y/y
- GBF GY : Bilfinger Narrows FY Sales Forecast
- BTDR US : Bitdeer Is Said to Offer Up to 4% Coupon on Convertible Bond
- BME LN : B&M European 1H Net Cash From Oper. Activities Misses Estimates
- BP/ LN : BP in Active Talks With Stonepeak Over Castrol Sale: Reuters
- BRBY LN : Burberry 1H Revenue Matches Estimates
- CWC GY : Cewe Stiftung 3Q Sales EU174.4M
- CSCO US :
- DEME GY : DEME Group 9M Turnover EU3.10B Vs. EU2.99B Y/y
- DMP GY : Dermapharm Maintains FY Adjusted Ebitda Forecast
- DTE GY : Deutsche Telekom FY Adj. EBITDA AL Forecast Beats Estimates
- PBB GY : Deutsche PBB 9M Operating Income EU316M Vs. EU425M Y/y
- DHER GY : Delivery Hero 3Q Gross Merchandise Value Misses Estimates
- DUE GY : Duerr 3Q Orders Misses Estimates
- EDP PL : EDP Aims to Invest $2 Billion in Asian Green Projects by 2030
- EMBRACB SS : Embracer Maintains FY Adjusted Ebit Forecast
- ESSITYA SS : Essity Buys Edgewell’s Feminine Care Business for $340m
- EUZ GY : Eckert & Ziegler 9M Revenue EU224.1M Vs. EU215.5M Y/y
- FRA GY : Fraport Oct. Frankfurt Airport Passengers 6.02M
- G IM : Generali 3Q Operating Profit Beats Estimates
- GFT GY : GFT 9M Pretax Profit EU32.2M Vs. EU48.1M Y/y
- GYC GY : Grand City Properties 9M Profit EU410M Vs. Loss EU17M Y/y
- GLJ GY : Grenke 9M Net Income EU48.6M
- GSF NO : Grieg Seafood 2026 Harvest Forecast Meets Estimates, Cuts at HQ
- HHFA GY : Hamburger Hafen Maintains FY Ebit Forecast
- HLAG GY : Hapag-Lloyd Narrows FY Ebitda Forecast
- IVA FP : Inventiva Offers Up to $125 million New ADR, Inventiva Is Said to Offer ADRs At 4.9% Fixed Discount
- IWG LN : IWG Buys EMS Elektro Metall SchwanenmüHle
- JNJ US : J&J Is Top Pick in Scotia’s Large-Cap Biopharma Initiation
- JMT PL : Norcod Sells NOK157m Shares to Jeronimo Martins Agro-Alimentar
- KBC BB : KBC 3Q Net Interest Income Meets Estimates, KBC Boosts FY Net Interest Income Forecast, KBC Completes Risk Transfer Deal on €4.2 Billion Portfolio
- MEKO SS : Meko 3Q Ebit Misses Estimates
- MBG GY : LG, Mercedes-Benz Seek Closer Ties on Batteries, EV Solutions
- MRK GY : Merck KGaA Narrows FY Adjusted Ebitda Forecast
- MLP GY : MLP 3Q Ebit EU18.3M Vs. EU17.8M Y/y
- AERO SW : Montana Aerospace Cuts FY Net Sales Forecast
- NFE US : New Fortress Energy Delays 10-Q Filing
- NCOD NO : Norcod Sells NOK157m Shares to Jeronimo Martins Agro-Alimentar
- NOVN SW : Novartis Malaria Treatment Phase 3 Trial Meets Primary Endpoint
- PSKY US : Paramount Compliance With Skydance Merger Probe Sought by Raskin
- PSKY US : Paramount Compliance With Skydance Merger Probe Sought by Raskin
- PGHN SW : Partners Group Names Nicholas Smith Wang Partner
- PSN LN : Persimmon Says Performance is in Line With Expectations
- PFE US : Pfizer Is Said to Be Selling BioNTech Stake in Block Trade
- PST IM : Poste Italiane 3Q Adjusted Ebit Beats Estimates
- Real Madrid : Spain Football Club Real Madrid Mulls Selling 5%-10% Stake: Pais
- R3NK GY : RENK 9M Adjusted Ebit €141m, up From €112m Y/y
- RIO LN : Rio Tinto to Shelve $2.4 Billion Serbian Lithium Project
- RIVN US : Volkswagen, Rivian Eye Selling EV Technology to Other Carmakers
- RBREW DC : Royal Unibrew Margins Impress, Guidance Updated
- SAB SM : Sabadell 3Q Net Income Misses Estimates
- SFQ GY : SAF-Holland SE 3Q Adjusted Ebit Meets Estimates
- SBMO NA : SBM Offshore FY Adjusted Ebitda Forecast Beats Estimates
- SEE US : Packaging Company Sealed Air In Talks to Go Private -- WSJ
- SIE GY : Siemens Says Veronika Bienert to Succeed Ralf P. Thomas as CFO
- ENR GY : GE Vernova, Siemens Energy in Talks for Syria Turbine Pacts:Rtrs
- SIX2 GY : Sixt 3Q Pretax Profit Meets Estimates
- SWON SW : SoftwareONE 3Q Adjusted Ebitda CHF65.2M
- S92 GY : SMA Solar 9M Ebitda Loss EU16.9M Vs. Profit EU83.5M Y/y
- SON PL : Sonae 9M Net Rises as Company Seeks Growth Opportunities
- STAN LN : DFCC to Buy Standard Chartered Sri Lanka’s Retail Arm
- SSE LN :
- SIE GY : Siemens to Transfer 30% of Healthineers Shares to Holders
- TLX GY : Talanx Sees 2026 Net Income About EU2.7B, Est. EU2.48B, Siemens Sees 2026 EPS Pre PPA EU10.40 to EU11.00
- TEF SM : Telefónica and the unions agree on a timetable to finalize the workforce reduction plan before the end of the
- TEL NO : Telenor Consolidates Nordic IoT Ops Under Telenor Connexion
- TTE FP : TotalEnergies Is Said to Mull Options for Asian Renewable Assets
- VOW GY : Volkswagen, Rivian Eye Selling EV Technology to Other Carmakers
- WAC GY : Wacker Neuson Narrows FY Ebit Margin Forecast
- BRAIT LX : Wiese’s Brait Names Adviser to Assess Options for New Look
- WHI LN : WH Ireland and Team in All-Share Merger Talks: Sky
- WIE AV : Wienerberger 3Q Ebitda EU202M, Wienerberger Cuts Profit Forecast as 3Q Ebitda Hits EU202M (1)
- WIZZ LN : Wizz Air 1H Revenue Meets Estimates
- ZEAL DC : Zealand 3Q Op. Loss Smaller Than Estimated; Dapiglutide Paused
- Zilch Tech : Zilch Raises $177 Million as Fintech Eyes M&A Opportunities