Market Update - October 17 - Could Conflict be Contained?

🚨Middle East remains in focus: Reduced demand for haven assets - Oil & Treasuries fall as efforts to ease conflict intensify with Biden's Israel visit tomorrow
🏦Stocks boosted by dovish Fed comments, speculation of no further rate hikes, good earnings expectations and AI optimism
📈 Morgan Stanley's Michael Wilson sees Q4 USA500 rally likely
🇳🇿 NZ inflation slowed to 5.6% in Q3, indicating RBNZ tightening cycle may end
Country Garden faces possible offshore default, highlighting sector confidence crisis
🛢USOIL at $85, Gold at $1912 amid reduced demand of haven assets
₿ BTCUSD settled at 28200 with 10% surge on looming US SEC ETF decision
🔜Today: Earnings reports from Goldman Sachs & Bank of America, US Retail Sales, CAD CPI

👉Interesting Mover: GBPAUD (-0.56%) broke 1.9150, possibly forming a Head and Shoulder patternMarket Update - October 17 - Could Conflict be Contained?

🚨Middle East remains in focus: Reduced demand for haven assets - Oil & Treasuries fall as efforts to ease conflict intensify with Biden's Israel visit tomorrow
🏦Stocks boosted by dovish Fed comments, speculation of no further rate hikes, good earnings expectations and AI optimism
📈 Morgan Stanley's Michael Wilson sees Q4 USA500 rally likely
🇳🇿 NZ inflation slowed to 5.6% in Q3, indicating RBNZ tightening cycle may end
Country Garden faces possible offshore default, highlighting sector confidence crisis
🛢USOIL at $85, Gold at $1912 amid reduced demand of haven assets
₿ BTCUSD settled at 28200 with 10% surge on looming US SEC ETF decision
🔜Today: Earnings reports from Goldman Sachs & Bank of America, US Retail Sales, CAD CPI

👉Interesting Mover: GBPAUD (-0.56%) broke 1.9150, possibly forming a Head and Shoulder pattern

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