[MARKET UPDATE] Asia-Pac stocks begin mixed, albeit with a positive bias as the region takes its opportunity to react to the recent strong US jobs data and subsequent Fed rate hike bets, as well as tit-for-tat strikes on vessels in Strait of Hormuz
Newsquawk Staff ·
Asia-Pac stocks begin mixed, albeit with a positive bias as the region takes its opportunity to react to the recent strong US jobs data and subsequent Fed rate hike bets, as well as tit-for-tat strikes on vessels in Strait of Hormuz.
- Canadian PM Carney says he spoke to US President Trump on Wednesday for quite some time; he discussed a wide range of issues with US President Trump, including Iran
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.67 LOWER AT 97.15/BBL; BRENT (X6) SETTLES USD 0.03 HIGHER AT USD 108.82/BBL
- [MARKET UPDATE] Risk-on trade seen at 12:39EDT/17:39BST with desks citing OFAC authorising offloading of some cargo involving some blocked vessels; Downside in oil, equity futures hit new session highs, gold and bonds rallied, while USD saw pressure
- Newsquawk European Market Wrap - 21st October 2026
- Canadian PM Carney is expected to announce tariff support measures for the steel and automotive sectors
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