Major stock markets mostly rose on Monday amid expectations of decisions by the Federal Reserve, the ECB and the Bank of Japan and tech company earnings. The Brazilian real plunged more than 10% after Lula's re-election, and Anthropic announced plans to go public. Oil pulled back from a six-month high.
On Monday, Asian stock indexes showed mixed dynamics: Seoul lost more than 1%, Tokyo 0.8%, while Hong Kong, Shanghai and Sydney rose. Investors are preparing for earnings from Amazon, Microsoft, Alphabet, SK hynix and Samsung, as well as decisions from the Fed, the ECB and the Bank of Japan. Oil pulled back from a six-month high, and markets remain uncertain about the returns on AI investments and geopolitical tensions in the Middle East. On Monday, Asian stock indices showed mixed dynamics: Seoul lost more than 1%, Tokyo 0.8%, while Hong Kong, Shanghai and Sydney rose. Investors are preparing for earnings reports from Amazon, Microsoft, Alphabet, SK hynix and Samsung, as well as decisions from the Federal Reserve, the ECB and the Bank of Japan. Oil pulled back from a six-month high, and markets remain uncertain about the return on AI investments and geopolitical tensions in the Middle East.
Russia sold about 62 tonnes of gold from its reserves in the first nine months of 2026, and Kazakhstan announced it would reduce the share of gold to 75% of its reserves. An expert from Mennica Skarbowa links the sell-offs to budget needs and profit-taking, and believes the impact on the global market will be minimal.
Rising energy prices amid the Iran conflict are intensifying inflationary pressure in major economies. The Fed, ECB and Bank of Japan raised rates in September, while the Bank of England held them, but three committee members voted for an increase. Economist Hugh Dixon warns of possible stagnation of growth and recessions in several G7 economies by 2027.