See the full story in the original article.
Original headline: investingLive Asia - Pacific market news : Warsh stays silent on rates ,
Read the original on investinglive.com ↗
Related tickers and likely impact
DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/15/2026 | 101.98 |
| Change that session | -0.53% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- US Treasury yields nudge higher as AI fears ebb
- Bangkok Post - Central bankers eye higher rates as AI boom fuels scramble for cash
The AI investment boom is fueling a global scramble for money, prompting central bankers at the IMF and World Bank meetings in Bangkok to consider that interest rates may stay higher for longer. Federal Reserve Chair Kevin Warsh called it a shock that hits demand before supply, and warned the transition could be "very bumpy." G20 officials said a slight reassessment of AI earnings expectations could trigger sharp market turmoil, as this week's Asian tech selloff showed. Neutral rates (R-star) may be rising, and sovereign bond yields in many countries have reached levels not seen since before the global financial crisis, especially in the euro zone and France. Economists expect the Bank of England to raise rates on Nov 5, while markets have priced in another move by the ECB and Fed in December after both raised rates in September.
- US homebuilder sentiment tumbles to near 14 - 1 / 2 - year low in October
The NAHB/Wells Fargo Housing Market Index fell three points to 29 in October, its lowest level since June 2012 and below the 31 economists had forecast. Builders blamed the Middle East conflict, which pushed mortgage rates higher, with the 30-year fixed rate averaging 7.40% last week, the highest in nearly three years, as well as labor shortages from an immigration crackdown and higher costs from tariffs. The share of builders cutting prices rose to 43%, the highest of the 2020-2026 period, while 65% used sales incentives. Buyer traffic fell five points to 18, its lowest since April 2012 excluding the pandemic's onset, as higher mortgage rates, elevated construction costs and weaker consumer confidence kept buyers on the sidelines.
- U . S . Dollar Index Moves Above 102 , Below Earlier Comparison Levels
The U.S. Dollar Index rose 0.22% intraday and crossed 102 on Oct. 19, though it remains below earlier readings of 109 in January 2025 and 114 in September 2022. The index had not reached 101 between July 30 and Sept. 23, when it returned to that level. Reuters separately reported the index at 101.87 on Oct. 16, down 0.17%, a figure that appeared in EconoTimes' earlier coverage.
- Will the Fed Raise Rates This Month ? Here What Markets Say .
Consumer prices rose 3.7% year over year in September and 0.6% from August, while core inflation was 2.6% annually and 0.3% monthly, all above forecasts. The article says the data points to a second consecutive Fed rate hike at its Oct. 27-28 meeting, but futures traders put an 85.1% chance on rates staying at 3.75% to 4%, with a 74.1% chance of a hike when the Fed meets in early December. The two-year Treasury yield has eased from 4.93% to 4.73% but remains above the current rate, and futures traders see a 65% chance of at least three quarter-point hikes by the end of 2027, taking the rate to 4.5% to 4.75%. Research by Charles Schwab and others suggests stocks perform better when the Fed raises rates slowly, and the author views new Fed Chair Kevin Warsh, in office since May, as an incrementalist, which he considers good for investors.
- Euro drops amid high energy prices and street riots in France
The euro fell 0.2% to US$1.1218 as high energy prices and concerns over political stability in France grew after weekend riots and looting, described as some of the country's worst unrest in years. Prime Minister Sebastien Lecornu said he had asked some local municipalities to impose partial curfews. The spread between French OAT bonds and German bunds widened by about 40 basis points to above 150 bps early in the month and was last at 144 bps. Analysts said the euro would face sustained pressure only if French political tensions spilled over and weighed on sentiment across the eurozone. High oil prices, with Brent still above US$100, have supported the dollar while weighing on the euro and yen.
Related markets
Latest news
- Stock Market Midday, Oct. 19: Tech Stocks Rebound as AI Confidence Returns
As of 11:34 AM ET, the S&P 500 is up 0.85% at 7,725 and the Nasdaq Composite has risen 1.67% to 26,576 as growth stocks rebound from their worst week since June. The Dow Jones is up 0.15% at 52,094. Gold has fallen 0.51% to $4,145.56, while the 10-Year Treasury yield has gained 3 basis points to 5.13%. Sandisk (+7.4%) and Micron Technology (+4.7%) rose on a shift in memory sentiment, Intel climbed after a JPMorgan upgrade, and Amazon.com gained after Morgan Stanley raised its price target and named it a top pick. Real estate and consumer defensive stocks posted the biggest losses, while U.S. homebuilder confidence fell to a 14-year low and violent protests in France and Italy weighed on European equities.
- Jensen Huang: “Two Gigawatts to Us Is Like $80 Billion.” 43 New Gigawatts Coming in 2027
Nvidia CEO Jensen Huang said two gigawatts of AI capacity, like the ones Nvidia announced in Australia, are worth about $80 billion to the company, up from about $18 billion per gigawatt previously. He attributed the increase to Nvidia now selling far more of each data center, including networking, CPUs, storage and security, not just GPUs. Citing SemiAnalysis's Dylan Patel on the BG2 podcast, Altimeter Capital's Brad Gerstner said 43 gigawatts of new AI compute will come online next year. At about $40 billion per gigawatt, Nvidia would need around 17 gigawatts to reach the $692 billion revenue estimate for fiscal 2028, though Huang said land, power and data center buildings are the main obstacles to the build-out.
- Strive buys $335M in Bitcoin, boosting holdings to 36,818 BTC
Bitcoin treasury company Strive bought 4,045 BTC for about $335 million last week, raising its total holdings to 36,818 BTC, according to a Monday SEC filing. The purchases were made between Oct. 12 and 16 at an average price of $82,803 per coin, including fees. That makes Strive the fourth-largest publicly traded corporate Bitcoin holder, ahead of MARA Holdings, with reserves worth about $3 billion. The company also received about $369 million from warrant exercises and issued 13.7 million common shares, and it priced a $630 million offering of SATS preferred stock carrying a fixed 15% annual dividend, with proceeds that could fund more Bitcoin purchases. ASST shares rose about 7.7% to $25.95 in late-morning trading Monday.
- SpaceX Could Buy Tesla for $480 Per Share in $3.74 Trillion Merger, RBC Says
According to RBC Capital Markets, SpaceX (NASDAQ:SPCX) could acquire Tesla (NASDAQ:TSLA) for $480 per share, creating a combined company worth $3.74 trillion. Tesla shareholders would hold just 48% of the merged business, down from 54% in the bank's July estimate.
- Apple announces another event – with a whole new kind of MacBook expected
Apple has invited press to an event titled “Pro and Tell” in Los Angeles on 28 October, announced by marketing chief Greg Joswiak on X. The headline launch is expected to be a new MacBook Pro with the company's first touchscreen, which is rumoured to be lighter, use M5 Pro and Max chips, and feature an OLED display with the Dynamic Island, at a higher price than current models. Apple may also introduce a new iPad Mini, an updated iMac and a refresh of the entry-level 14-inch MacBook Pro. It would be Apple's third launch in two months, following the early-September iPhone event and last week's Welcome Home event, and comes as CEO John Ternus reportedly pushes for faster new product launches.
- JPMorgan Backs Two Defense Startups With $5 Billion
JPMorgan has already committed half of its $10 billion investment pool to hypersonic-missile maker Castelion and defense manufacturer Hadrian. The bet reflects America's push to rebuild its defense industrial base.
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.