Global Markets:
- Asian Stock Markets : Nikkei up 1.56%, Shanghai Composite up 1.24%, Hang Seng down 0.03% ASX up 0.19%
- Commodities : Gold at $4,050.90 (-0.58%), Silver at $48.20 (1.37%), Brent Oil at $65.9 (-0.74%), WTI Oil at $62.19 (-0.74%)
- Rates : US 10-year yield at 4.125, UK 10-year yield at 4.7150, Germany 10-year yield at 2.6769
News & Data:
- (USD) Crude Oil Inventories 3.7M to 0.4M expected
Markets Update:
Asian markets traded mixed on Thursday, mirroring the positive cues from Wall Street overnight, as optimism grew over the outlook for U.S. interest rates. Minutes from the Federal Reserve’s September meeting indicated support for further policy easing this year, though some members favored caution given tightening financial conditions. The prolonged U.S. government shutdown, now in its eighth day, along with global political and trade uncertainties, has clouded the economic outlook and delayed key U.S. data releases such as payrolls and inflation. Despite this, markets are pricing in a 92.5% probability of a 25-basis-point rate cut at the Fed’s October 28–29 meeting, according to CME Group’s FedWatch Tool.
In Australia, the S&P/ASX 200 climbed 0.20% to 8,965.70, rebounding from three days of losses amid strength in mining and energy stocks. BHP gained over 2%, while Rio Tinto and Fortescue rose more than 1% each. Tech and financial shares were mixed.
Japan’s Nikkei 225 surged 1.41% to 48,405.93, driven by gains in SoftBank, Fast Retailing, and chipmakers, offsetting weakness in automakers like Toyota and Honda.
Elsewhere, China, Malaysia, Taiwan, and Indonesia advanced, while Hong Kong, Singapore, and New Zealand edged lower. On Wall Street, the Nasdaq jumped 1.1% and the S&P 500 gained 0.6%, while oil prices rose for a third straight session.
Upcoming Events:
- Tentative GMT – USD Unemployment Claims
The post Thursday 9th October 2025: Asian Markets Mixed Amid Fed Rate Cut Optimism and Lingering U.S. Shutdown Uncertainty first appeared on IC Markets | Official Blog.