[MARKET UPDATE] Crude continues gradually grinding lower, in turn supporting equities, fixed income, USD-pairs and spot gold; news flow light in recent trade
Newsquawk Staff ·
- WTI fell from around USD 88.50 to USD 87.20 over around 20 minutes.
- ES rose from 7587 to 7592 in the same timeframe
- DXY dipped from 99.17 to 99.09.
- UST futures rose a couple of ticks.
- [MARKET ANALYSIS] Asia-Pac stocks are mostly lower following the tech rout and flight-to quality stateside
- [MARKET ANALYSIS] Bond futures remain underpinned following the recent haven bid
- [MARKET ANALYSIS] Oil prices hold onto gains after rallying amid geopolitical concerns with reports noting US and Israeli military are drawing up plans to resume strikes on Iran
- [MARKET UPDATE] Asia-Pac stocks begin negative following the tech selling on Wall St, which had spurred a flight-to-quality
- [Market Update] Risk-off trade continues as AI concerns linger; stocks trade at new lows with NQ -3.0% as tech leads losses, while gold sees new lows; Treasuries push to new highs, weighing on USD; oil trades off highs supported by geopolitical risk
Related headlines
- [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 pressure1 day ago
- [MARKET ANALYSIS] European bourses broadly lower; Volvo Cars trades at its lowest ever following dire results2 hours ago
- [MARKET ANALYSIS] Crude benchmarks edge higher as the geopolitical environment remains tense2 hours ago
- [MARKET ANALYSIS] OAT-Bund 10yr yield spread hits another multi-year wide, Moody's looms2 hours ago
- [MARKET ANALYSIS] DXY is a touch firmer, Kiwi gains whilst the JPY digests further BoJ source reports3 hours ago
- European Movers: L'Oreal (OR FP) +4.8%, Holcim (HOLN SW) +4.5%, Hexagon (HEXAB SS) +3.0%, Eni (ENI IM) +2.3%, Kering (KER FP) -11.0%, Volvo Car (VOLCARB SS) -3.3%4 hours ago
- Additional European Equity News - 23rd October 20265 hours ago
- Newsquawk Daily European Equity Opening News - 23rd October 2026 5 hours ago
- Newsquawk Daily European Opening News - 23rd October 20266 hours ago
- PRE-MARKET CHINESE STOCKS NEWS: Earnings from China Telecom and Chow Tai fook10 hours ago
- PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Tech stocks in focus after the sell off in the sector stateside, while SK Hynix cancels plan to list Solidigm unit on the Nasdaq12 hours ago
- PRE-MARKET AUSTRALIAN STOCKS NEWS: Whitehaven Coal (WHC AT) Q1 managed run-of-mine production rose 3% Q/Q to 11.0mln tons, equity sales of produced coal fell 5% Q/Q to 6.0mln tons13 hours ago
- Newsquawk Daily Asia-Pac Opening News - 23rd October 202613 hours ago
- US Market Wrap: Tech hit on AI concerns, while Middle East tensions grow15 hours ago
- US FX WRAP: Dollar mixed vs. G10 peers as havens outperform and Kiwi lags post-CPI15 hours ago