Morning Markets Pack
Friday 30 October 2026 · 06:20 GMT
Asian markets
| Index | Last | Net | % |
|---|
| Nikkei 225 | 63,108.27 | -1,551.20 | -2.40% |
| Shanghai | 3,634.32 | -17.114 | -0.47% |
| Shenzhen | 11,025.239 | -112.96 | -1.01% |
| Hang Seng | 23,357.14 | +398.49 | +1.74% |
| ASX 200 | 8,908.10 | +16.30 | +0.18% |
| Kospi | 5,675.45 | -262.21 | -4.42% |
| Straits Times | 5,374.56 | -21.47 | -0.40% |
| NZX 50 | 13,797.00 | +86.83 | +0.63% |
Market commentary
Technology is setting the tone. The Nasdaq’s 1.38% cash-session decline is being followed by a 2.03% fall in Nasdaq-100 futures as Amazon and Intel earnings deepen concerns about spending, demand and the payoff from AI investment. Asian chip exposure is under pressure: Korea’s Kospi is down 4.42%, while the Nikkei is off 2.40%. Hong Kong is a notable exception, gaining 1.74%.
Treasuries are benefiting from the retreat in risk appetite. The 5-year yield is down 8.6bp to 4.716%, versus a 4.4bp decline in the 30-year, widening the 5s/30s spread to 56.9bp. Japan’s policy rate remains at 1.25%, with further tightening still in view. The yen is firmer, while the reported Binance breach adds another source of pressure on speculative assets.
Oil is moving against the equity trend: WTI is up 1.37% and Brent 1.44% as geopolitical risks support energy prices. Gold is down 0.78%. Today’s focus turns to European growth and inflation releases, the US employment cost index and Chicago PMI; these will test the balance between slowing growth concerns and persistent inflation.
US futures · 06:07 GMT
| Contract | Last | Net | % |
|---|
| Dow | 52,457.00 | -55.00 | -0.10% |
| S&P 500 | 7,683.50 | -70.75 | -0.91% |
| Nasdaq 100 | 28,962.50 | -599.50 | -2.03% |
| Russell 2000 | 2,860.20 | -7.10 | -0.25% |
US cash close · Thursday 29 October
| Index | Close | Net | % |
|---|
| Dow | 52,342.56 | -132.54 | -0.25% |
| S&P 500 | 7,720.39 | -23.59 | -0.30% |
| Nasdaq Comp. | 26,184.724 | -365.127 | -1.38% |
| Russell 2000 | 2,859.217 | +28.707 | +1.01% |
| VIX | 17.20 | UNCH | UNCH |
| TSX Comp. | 36,249.03 | -16.06 | -0.04% |
| TSX 60 | 2,156.78 | +2.93 | +0.14% |
| Mexico IPC | 69,787.41 | +605.02 | +0.87% |
| Bovespa | 169,186.42 | -1,819.68 | -1.06% |
US Treasuries · 06:18 GMT
| Maturity | Yield | Δ bp |
|---|
| 6-month | 4.291% | -0.6 |
| 1-year | 4.392% | -2.8 |
| 2-year | 4.577% | -7.9 |
| 3-year | 4.649% | -8.4 |
| 5-year | 4.716% | -8.6 |
| 7-year | 4.806% | -8.1 |
| 10-year | 4.921% | -6.8 |
| 20-year | 5.317% | -4.9 |
| 30-year | 5.285% | -4.4 |
Japan bonds
| Maturity | Yield | Δ bp |
|---|
| 20-year JGB | 3.605% | -6.5 |
Treasury auction
Thursday’s $44bn 7-year sale cleared at 4.894%, with a 2.46 bid-to-cover ratio and slightly below-average demand.
Commodities
| Contract | Last | Net | % |
|---|
| WTI Dec 26 | 103.40 | +1.40 | +1.37% |
| Brent Dec 26 | 116.54 | +1.66 | +1.44% |
| Gold | 3,989.293 | -31.21 | -0.78% |
| Nat gas Dec 26 | 2.882 | -0.070 | -2.37% |
| RBOB Nov 26 | 3.2005 | +0.0200 | +0.63% |
| Heating oil Nov 26 | 4.7500 | +0.0140 | +0.30% |
| Uranium Nov 26 | 92.15 | UNCH | UNCH |
| Lumber Nov 26 | 518.00 | UNCH | UNCH |
FX · 06:18 GMT
| Pair | Last | Net | % |
|---|
| EUR/USD | 1.1185 | +0.0007 | +0.0626% |
| GBP/USD | 1.3395 | +0.0020 | +0.15% |
| EUR/GBP | 0.8348 | -0.0006 | -0.0718% |
| USD/JPY | 157.59 | -0.10 | -0.0634% |
| USD/CHF | 0.8223 | -0.0019 | -0.2305% |
| USD/CAD | 1.3972 | -0.0016 | -0.1144% |
| AUD/USD | 0.7029 | +0.0002 | +0.03% |
| NZD/USD | 0.5633 | UNCH | UNCH |
| EUR/JPY | 176.26 | -0.01 | -0.0057% |
| USD/SGD | 1.2779 | -0.0018 | -0.1407% |
| USD/HKD | 7.8436 | -0.0022 | -0.028% |
| USD/KRW | 1,333.90 | -5.38 | -0.4017% |
| USD/CNY | 6.6583 | -0.0027 | -0.0405% |
| EUR/CHF | 0.9197 | -0.0016 | -0.1737% |
| USD/RUB | 81.4062 | +0.1607 | +0.20% |
| USD/MXN | 18.8837 | +0.0252 | +0.13% |
Overnight economic releases
| Release | Actual | Fcast | Prev |
|---|
| Japan jobless rate Sep | 2.4% | 2.5% | 2.5% |
| Japan jobs/applicants Sep | 1.19 | 1.18 | 1.18 |
| Tokyo CPI Oct YoY | 2.8% | 2.7% | 2.7% |
| Tokyo CPI ex fresh food | 2.6% | 2.6% | 2.7% |
| Tokyo CPI ex food/energy | 2.6% | 2.7% | 2.9% R |
| Japan output Sep MoM P | 2.2% | 1.2% | -2.4% |
| Japan output Sep YoY | 1.9% | 1.5% | 2.7% |
| Japan retail Sep MoM | -0.7% | 0.3% | -0.9% R |
| Japan retail Sep YoY | 2.3% | 3.3% | 2.9% R |
| Australia credit Sep MoM | 0.6% | 0.5% | 0.6% |
| Australia credit Sep YoY | 8.4% | — | 8.4% |
| Australia PPI Q3 QoQ | 1.1% | — | 1.3% |
| Australia PPI Q3 YoY | 3.6% | — | 3.6% |
Today’s calendar · Friday 30 October · GMT
| Time / event | Forecast | Previous |
|---|
| 07:00 GBP · Nationwide HPI Oct YoY | 0.6% | 0.8% |
| 07:00 GBP · Nationwide HPI Oct MoM | -0.2% | -0.2% |
| 08:55 EUR · German unemployment change Oct | 5K | 12K |
| 08:55 EUR · German unemployment rate Oct | 6.4% | 6.4% |
| 09:00 EUR · German GDP Q3 QoQ P | 0.1% | 0.3% |
| 09:00 EUR · German GDP Q3 YoY P | 1.1% | 1.0% |
| 10:00 EUR · Eurozone GDP Q3 QoQ P | 0.2% | 0.6% |
| 10:00 EUR · Eurozone GDP Q3 YoY P | 1.1% | 1.2% |
| 10:00 EUR · Eurozone unemployment Sep | 6.4% | 6.4% |
| 12:30 USD · Employment cost index Q3 QoQ | 0.8% | 0.9% |
| 13:00 EUR · German CPI Oct YoY P | 3.0% | 3.3% |
| 13:00 EUR · German CPI Oct MoM P | 0.1% | 0.6% |
| 13:45 USD · Chicago PMI Oct | 55.8 | 58.8 |
| 16:00 USD · Fed’s Daly speaks | — | — |
| 16:10 EUR · ECB’s Lane speaks | — | — |
| 17:00 USD · Baker Hughes oil rigs | — | 460 |
| 17:00 USD · Baker Hughes total rigs | — | 603 |
P: preliminary · R: revised · bp: basis points · UNCH: unchanged
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