🌅 Morning Update (15.10.2025) 📊 Wall Street ended yesterday with mixed results. U.S.–China tensions weighed on tech stocks: Nasdaq -0.75%, S&P 500 -0.15%, while Dow Jones +0.44% and Russell 2000 +1.4% moved higher. 📈 Futures are rebounding as investors await corporate earnings from Morgan Stanley and ASML, with no key macro data on the calendar today. 👉 US100 +0.55%, EU50 +0.4%. 💬 Fed Chair Jerome Powell said the sharp slowdown in employment increases risks for the U.S. economy, leaving the door open for further rate cuts. He stressed, however, that the overall economy remains stable and that the Fed can continue its work even if the government shuts down. 🇺🇸 Meanwhile, Donald Trump called China’s refusal to buy American soybeans an “economically hostile act,” announcing plans to restrict purchases of Chinese cooking oil. 🌏 Powell’s dovish tone lifted Asia-Pacific markets: JP225 +1.6%, CHN.cash +0.9%, HK.cash +0.75%. 📉 China’s inflation data showed mixed trends: CPI: -0.3% m/m (expected -0.2%) PPI: -2.9% y/y (previous -3.6%) The main declines came from food and energy prices, while jewellery and consumer goods rose. Core CPI grew 1%, the highest since Feb 2024. 💵 The dollar index (USDIDX) continues lower (-0.2%), with the biggest moves against USDINR and USDTHB (-0.5%), AUDUSD (+0.44%), and USDJPY (-0.4%). The AUD remains the strongest G10 currency. 💶 EURUSD +0.15% to 1.1625. ⚡ Energy prices keep slipping: OIL -0.1%, OIL.WTI -0.7%, NATGAS -1.1%. 🥇 Gold sets another record, climbing +1.1% to $4,190/oz, with silver +1.4% ($52.20), platinum +1.5%, and palladium +0.5% also in the green. 💹 Crypto market sentiment remains mixed: Bitcoin -0.6% ($112,620), Ethereum -0.3% ($4,110), Solana +1.6%. ✨ Stay tuned with NordFX for the latest market insights and opportunities!