See the full story in the original article.
Read the original on investinglive.com ↗
Related tickers and likely impact
XAU/USD
• NeutralRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/20/2026 | 4,125.21 |
| Change that session | -0.38% |
PAXG/USDT
• NeutralPAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/20/2026 | 4,122.25 |
| Change that session | -0.28% |
XAUT/USDT
• NeutralTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/20/2026 | 4,116.60 |
| Change that session | -0.42% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Oil prices approach Iran-war highs as soaring tanker rates trigger a second energy squeeze
- Gold miners face margin pressure as lower prices complicate third-quarter results
RBC Capital Markets says gold producers face a mixed third-quarter earnings season, as lower gold prices and higher costs pressure margins, partly offset by expected production gains. Average gold prices fell 6% quarter over quarter to $4,266 an ounce in Q3 from $4,513 in Q2, a second straight quarter of margin pressure. RBC stresses that execution through year-end matters, since many companies have production weighted to Q4. It also warns that consensus estimates for 2027 capital spending and costs look too low, raising the risk of downward revisions. Investors will focus on operational delivery and whether miners boost growth spending and acquisitions, though producers remain financially strong.
- Crude Oil Soars Amid Rising Supply Disruption Concerns Due To Possible Fresh U . S .- Iran Attacks
- Update: US Equity Indexes Retreat as AI Trade Falters, Crude Oil Surges Amid Iran's Invasion Warning to Mid-East Neighbors
- Dollar Trades Near 101 . 70 as 10 - Year Treasury Yield Falls Intraday
The U.S. Dollar Index (DXY) traded near 101.70 in Asian trading on October 22, while Reuters reported a New York reading of 101.82, up 0.14%. Meanwhile, the 10-year Treasury yield fell intraday to 4.96% on Thursday, according to AP, from 5.13% late Wednesday. Treasury's daily par-yield series put the 10-year at 5.13% on October 21, below 5.28% on October 7 but above 5.12% on October 20. Futures pricing still pointed to a possible December rate increase, with probabilities of about 88% per Reuters and about 90% per FXStreet. The Fed raised its target range by 25 basis points to 3.75%–4% on September 16, and its next policy decision is due October 28.
- Bond traders are backing off Fed rate hike bets here what it means for mortgage rates
Treasurys rallied as stocks slid, pushing the 10-year yield on track for its biggest one-day drop in over two years and back below 5% despite Brent crude near $112 a barrel. Traders pared bets on a Fed rate hike before its Oct. 28 meeting: odds of an October hike fell to about 5% from 15% on Wednesday, while December hike odds are around 75%. Breakevens still imply inflation averaging about 2.4% a year, unchanged from before the war, so the yield rise mostly reflects real yields. The average 30-year mortgage rate eased to 7.32% from 7.40%, the first drop in two months, though Freddie Mac's survey predates the rally. Pending home sales hit a record low in September, with about 14.5% of contracts falling through.
Related markets
Latest news
- Musk's wants to merge SpaceX and Tesla: Here's what to know
Musk said SpaceX and Tesla have formed special committees to study a merger, which would be worth about $3.5 trillion combined and would be the largest corporate deal in history. SpaceX, valued at about $2 trillion after a record listing this year, absorbed Musk's AI startup xAI in February, while Tesla is valued at about $1.5 trillion. Musk holds about 82 percent of SpaceX's voting power but only about 20 percent at Tesla. Dan Ives puts the odds of a deal at 90 percent by early 2027, though Musk called the requirement of a majority of all Tesla shares 'quite a high hurdle'. Loyal retail investors hold an estimated 25 to 27 percent of Tesla shares, and legal obstacles appear slight because both companies moved their incorporation to Texas from Delaware.
- CoreWeave and Nebius Stocks Are Crashing. Time to Buy the Dip?
Shares of Nebius and CoreWeave each fell 25% in the week of October 12 to 16. The sell-off stems from the yield on CoreWeave's debt in the secondary market surging to 15%, versus roughly 5% on Treasuries, which pushes the debt into 'distressed' territory and signals doubts about its ability to meet obligations. Nebius sold off in sympathy as a fellow neocloud company. The bigger concern is that both companies must keep issuing debt to fund data centers, and if yields are high at issuance, the assumption of nearly unlimited cheap capital could be challenged. The author says it is unclear whether now is the time to buy.
- Disney’s multiplatform Super Bowl plan frustrates ABC affiliates
ABC station owners are irritated that Disney is airing the Super Bowl across several platforms, including Disney+, ESPN2, NFL Network and ESPNU, even though the game is already on ABC and ESPN. A station group CEO estimates that the combined platforms could cut broadcast ad revenue by up to 35% compared with last year. Local affiliates typically earn about 3% of annual ad revenue from the Super Bowl and pay network owners reverse retransmission fees, but Disney+ lacks geofenced ad insertion, so affiliates cannot sell ads to streaming viewers. Disney says national commercials will be identical on all platforms and that streaming major live events is standard industry practice. Super Bowl LX drew 125.6 million viewers in February.
- Meta’s deal to keep Zuckerberg in California adds fuel to wealth tax debate ahead of election
Meta says Mark Zuckerberg will remain in California for eight years and has created a new stock plan that could help cover his taxes if Proposition 40, a 5% tax on Californians worth over $1 billion, passes on Election Day on Nov. 3. According to a filing released with its third-quarter earnings, Meta will issue non-voting Class C shares starting in January, and Zuckerberg can sell or transfer up to 20% of the shares granted to him without affecting his majority voting control. The filing says Zuckerberg’s leadership is crucial to the company’s growth and its AI ambitions, including Meta Superintelligence Labs. Most of the tech industry opposes the measure, while a recent Citrin-Politico poll found 46% in favor and 43% against, suggesting it may fall short of the majority support it needs.
- Nasdaq sell-off: A momentum unwind 'for the record books'
Matt Stucky, chief portfolio manager for equities at Northwestern Mutual Wealth Management, calls Thursday’s sell-off in the Nasdaq Composite (^IXIC) a momentum unwind “for the record books.” He says the market spent the first half of 2026 driven by a beta and momentum trade led by semiconductors, but in the third quarter, as rates rose, money shifted into quality stocks. He does not think the sell-off is justified by fundamentals, arguing that institutional portfolio managers swapping out of factor positions can drag down whole baskets of stocks. In semiconductors, spot rental rates for Nvidia Blackwell chips are higher than a month ago, showing tightening compute supply, even as financing costs rise and investors worry about neocloud business models and the rising cost of insuring their bonds.
- Dune launches real-time data feeds covering 200 onchain trading venues
Blockchain analytics platform Dune has launched real-time market data feeds covering more than 200 onchain trading venues, aiming to bring this data into the systems of traditional financial institutions. The feeds draw trade data from 12 blockchains, including Ethereum, Solana and Base, about one second after execution, covering both spot trading on decentralized exchanges and perpetual futures on Hyperliquid and Lighter. Early clients include quant funds, market makers, asset managers and bank trading desks, which use the data to assess liquidity and compare prices, though Dune did not name them. Meanwhile, the tokenized stock market has grown sharply, with distributed value reaching $3.58 billion, but 16 companies, including Microsoft, Alphabet and Goldman Sachs, have objected to their shares being traded on OKXICE’s proposed platform, and liquidity remains fragmented.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.