SARB cuts repo rate 25 bps to 6.75%; U.S. equity funds log a fifth straight week of inflows; TCS–TPG launch ₹18,000 cr AI data‑centre JV; Cleveland Fed warns against premature cuts; ED attaches ₹1,452 cr in assets tied to Reliance Group entities.
Europe edges higher on softer inflation; U.S. retail sales rise 0.5% m/m; oil near $78.50 as OPEC+ holds output; Japan/China slip; Walmart & Target beat while Apple faces a cautious outlook.
U.S. stocks fall on tech weakness and inflation worry; India’s Nifty/Bank Nifty hit fresh records; Fed tone remains data‑dependent; rand steady ahead of local data; oil steadies, gold dips, Bitcoin slips.
India leads with IRB Infrastructure’s ₹9,270 cr project win and record Nifty Bank; Fed minutes flag caution on December cuts; mixed U.S. jobs signals; global flash PMIs to steer growth outlook this week.
Nvidia earnings, flash PMIs, and the Fed’s October minutes headline a busy week; major U.S. retailers report; key data from Canada and Latin America plus a PBoC rate decision may add volatility.
Early-week Dow records fade into a late-week pullback on hawkish Fed fears; shutdown end unleashes a data backlog (CPI, claims, auctions); gold hits multi‑year highs; UK and SA fiscal signals in focus; global growth mixed with U.S. resilience.
U.S. stocks slide on hawkish Fed worries and higher volatility; gold eases from highs but stays supported; BUSA backs MTBPS for fiscal stability; focus shifts to U.S. CPI and jobs after government reopens; UK fiscal stance keeps tax pressure in focus.
Dow closes above 48,000 on healthcare strength; backlog of U.S. data post-reopening may add volatility; precious metals jump on growth and deficit worries; UK reacts to budget policy update; dollar stays weak on softer labour data and Fed-cut hopes.
SoftBank exits a $5.8B Nvidia stake to fund OpenAI bets; NY Fed’s Treasury conference pushes market plumbing upgrades; European banks provision less than feared; Visa–Mastercard settle long-running merchant case; optimistic White House view on 2026 U.S. growth.
FTSE 100 hits an intraday record on a softer pound; Meta–Nebius sign a $3B AI infrastructure deal; Brazil signals steady 15% rates to reach 3% inflation; Paramount Skydance plans $1.5B investment with cost cuts; U.S. futures dip on tech jitters and shutdown uncertainty as CoreWeave trims its outlook.
