🌅 Morning Market Update | 10 October 2025 ☕ 📈 U.S. futures bounce back after yesterday’s sell-off. Both the S&P 500 and Nasdaq 100 managed to recover part of their losses by the close. 🚀 PepsiCo and United Airlines gained 3–4% after releasing upbeat Q3 results. 📊 Key events today: 🕓 16:00 GMT – University of Michigan data on consumer sentiment and inflation expectations 💬 Fed officials Goolsbee and Musalem will deliver remarks later in the day. 🌏 Asian markets fell 0.8% as tech stocks dragged down indices in Japan and China. 💻 SMIC plunged 7% after brokerages cut its margin financing ratio to zero due to overvaluation. A major Hong Kong tech index is on track for its worst week since early August. 🛢️ Energy: Oil and natural gas show slight declines. 🥇 Metals: Gold remains steady, while silver rebounds 1.4%. 🇨🇳 China introduced new export restrictions on products containing even trace amounts of Chinese materials or rare earths — resales will now require special licences. 🇺🇸 Donald Trump said the U.S. may need to “stop importing huge volumes of goods from China,” and mentioned a proposal to ban Chinese aircraft from overflying Russia. The U.S. also launched a national security probe into router maker TP-Link. 💡 Stay tuned with NordFX — we keep you updated on what’s moving the markets today! 🚀