MPC Morning Call 24th October 2025 – Stocks grind higher on US/China positivity
Stocks ground higher overnight as the market managed to find fresh positivity on the old news story that Trump & Xi will meet in South Korea next week.
Stocks ground higher overnight as the market managed to find fresh positivity on the old news story that Trump & Xi will meet in South Korea next week.
Stocks headed lower overnight, weighed down by fresh U.S.-China trade war concerns and a slump in streaming giant Netflix following an earnings miss. Tesla reported earnings after the bell with a miss on EPS but record deliveries and Free Cash Flow
Precious metals were hit 5-6% overnight as investors took profit after a mammoth 4-6 months run, while stocks were buoyed by corporate earnings.
Stocks jumped overnight as investors looked ahead to week of major quarterly earnings reports and hopes grew for the the end of U.S. shutdown as well as the prospect of a U.S.-China trade deal.
Stocks closed higher after recovering early session losses Friday, as regional banks rebounded following a recent slump on credit risks concerns and U.S.-China trade tensions eased following President Donald Trump’s softer stance on trade negotiations with China, yet another TACO (Trump Always Chickens Out)
Stocks headed lower overnight, led by the banking stocks as regional banks Zions and Western Alliance revealed two problematic loans on the back of the first brands collapse. See my article on this from last week Is the First Brands Collapse a Warning Sign?
Stocks resumed the rally overnight on upbeat bank earnings and rate cut hopes as US/China relations grew increasingly tense
Stocks drifted lower overnight as continued tensions between the US and China and the ongoing US Govt shutdown weighed on investor sentiment, despite positive bank earnings
Stocks bounced hard overnight as Trump walked back, then forward, then back again on his tariff threats to China as the scramble for critical minerals continues
U.S. stocks experienced their steepest decline since April, after President Donald Trump threatened a “massive increase” in tariffs on Chinese imports in response to Beijing’s restrictions on rare earth exports
Silver finally set a new record high above $50 overnight after a long 45 year wait, joining gold in the stratosphere, until profit takes and Trump announcing “Peace in the Middle East” and nominating himself for the Nobel Peace prize
Stocks rebounded to fresh record highs, driven by a rebound in tech as Nvidia chief executive Jensen Huang talk up AI-led chip demand and the Federal Reserve’s latest meeting pointing to further rate cuts ahead.