On Tuesday, US stock opened with mixed gains and downs, and investors were waiting for the two major Google and Microsoft technology stocks third-quarter financial reports. The US manufacturing PMI fell below the boom line for the first time in two years in October, fear of an economic recession heated up, and the US dollar fell below the 111 mark at one point.
ECB is expected to raise interest rates significantly on Thursday this week by 275 basis points. The two large European banks reported mixed financial reports, with European stocks opening high and closing low and , and euro slightly higher.
Sunak officially became British Prime Minister , and the pound and British Treasury bonds continued to be strong. The former increased by to 1.7% in the day, but the stock market was difficult to change the downward trend.
[The following market is updated at 21:50]
pound pound against the US dollar has expanded to more than 1.7%, setting a new daily high of 1.1473, approaching the top 1.1493 on October 5.
USD continued to decline, falling below the 111 mark for a time.
[The following market is updated at 21:35]
On October 25, the US stock market opened with mixed gains and downs, the Dow Jones Industrial Average fell 0.2%, the Nasdaq rose 0.8%, and the S&P 500 index rose 0.2%.
General Motors rose about 2%, and Q3 revenue increased by 256.4% year-on-year to US$41.889 billion, a record high.
HSBC Holdings fell about 5%, and its net profit in the third quarter decreased by 46% year-on-year to US$1.913 billion.
Nasdaq China Golden Dragon Index rose by more than 5%,Pinduoduo rose by more than 10%,Bilibili rose by nearly 8%,JD rose by nearly 5%,Alibaba rose by more than 4%. Wuxin Technology rose 14%. The Ministry of Finance and three other departments issued an announcement to include e-cigarettes in the scope of consumption tax collection and will be implemented from November 1.
US stocks new energy vehicle sector generally rose, Ideal Auto, Faraday Future rose by more than 4%, Xiaopeng Auto and Lucid Group rose by more than 3%, NIO rose by more than 2%, and Tesla rose by about 1%.
[The following market is updated at 21:25]
European stocks opened high and closed low, German DAX index fell more than 1% at one point, European Stoke 50 index fell 0.2%, and British FTSE 100 index fell 0.8%.
Today's financial report showed that UBS 's profit in the third quarter fell 24% year-on-year, but better than expected, HSBC Holdings' pre-tax profit fell 42% in the third quarter. Investor sentiment was affected, with Swiss shares rising more than 2%, while London shares plummeted 7%.
Under the expectation of a sharp rate hike in , the euro rose slightly against the US dollar, with an intraday increase of 0.2%.
Most analysts believe that the ECB announced the second consecutive rate hike of 75 basis points can be said to be a "confirm".
European bond markets rose one after another, and Germany and France's 10-year government bond yield fell by 14 basis points in 2 days.
After Sunak officially became the British Prime Minister, the pound continued to rise, with the pound rising by 1% against the US dollar intraday, and now it is 1.1388.
UK bond market also continued to rise, with the 10-year Treasury yield falling by nearly 10 basis points during the day.
US stock futures trend differentiates, Dow futures fell by 0.2% intraday, and Nasdaq futures rose by 0.4% intraday.
USD index DXY is lower, now at 111.68.
US bond market rose slightly, with the 10-year Treasury yield down 10 basis points during the day.
Data released on Monday showed that the US manufacturing PMI fell below the boom line for the first time in two years in October, and the service PMI shrank for four consecutive months, and the possibility of an economic recession was intensified. In terms of commodity
Commodity , European natural gas prices rose slightly, with an intraday increase of 0.5%.
International crude oil prices rose slightly, with WTI crude oil rising intraday by 0.2%.
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