๐ Wall Street Rebounds Slightly
US indices recovered part of Fridayโs losses after Donald Trumpโs conciliatory weekend message and signals from Beijing suggesting readiness to resume trade talks.
๐ฌ Talks Still On the Table
Scott Bessent confirmed that the TrumpโXi meeting remains scheduled, though he warned the prolonged government shutdown is starting to weigh on economic activity. Meanwhile, Chinaโs Ministry of Commerce said discussions with the US continue, even as Beijing launched an investigation into US tariffs affecting its transport sector.
๐บ๐ธ Market Overview
S&P 500 gained 1.5%, Nasdaq +2.2%, but futures opened weaker today (US500 -0.35%, US100 -0.5%). In Asia, markets are mostly lower: Nikkei 225 -0.35%, HK.cash -0.2%, while South Koreaโs ๐ฐ๐ท KOSPI hit a record high thanks to Samsungโs strong outlook.
๐ฆ๐บ Australia in Focus
NAB Business Confidence rose to 7 points in September (vs 4 in August). The RBA minutes revealed patience regarding rate cuts, noting strong property activity despite restrictive rates. The bank considers AUDโs strength consistent with fundamentals, signalling no further tightening ahead.
๐ฆ Global Outlook
Goldman Sachs warns the US shutdown could become the longest ever, trimming 0.11% off Q4 growth weekly. Yet GS expects a rebound once the government reopens and anticipates a Fed rate cut in October. Rabobank sees AUD/USD rising from 0.65 short term to 0.68 within a year.
๐ฐ Commodities
Gold surged to $4,167/oz, Silver above $53/oz with borrowing costs hitting 30% per month on the London exchangeโโโforcing shorts to cover. Oil slipped below $60/barrel (WTI), and natural gas nears $3/MMBTU.
๐ Todayโs Highlights
๐ Stay tuned with NordFX for all the latest market updatesโโโtrade smart and stay ahead of the curve! ๐น
๐ Morning Market Update | 14 October 2025 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.


