US Treasury yields rose on Monday, while European yields moved only slightly and mixed. EUR/USD traded around 1.1640. Gold fell another ~2% and, per the report, broke the $4,000 level to the downside. Markets reacted to risk-on headlines from trade talks. #FX #Gold #USD #FiatNews

This week’s Fed meeting is expected to deliver a rate cut and signal possible further easing, while earnings from major tech firms are due—markets hope results will extend the AI investment cycle. Policymaker guidance and Big Tech reports are the week’s twin market drivers. #Fed #BigTech #AI #FiatNews

Ahead of a planned meeting between US President Donald Trump and China’s Xi Jinping, investors are focusing on rare earths—an outsized but strategically critical sector for modern industry. Negotiations have put export controls and supply risks under scrutiny. #RareEarths #FiatNews

US and China reported a breakthrough in trade talks, prompting markets to rally. Statements suggest no further 100% tariff increase on China and a significant delay to Chinese export controls on rare earths; informal reports say both presidents may later confirm the accord. #US #China #Trade #FiatNews

Recent interest in gold may reflect worries about rising government deficits rather than (or in addition to) a pure inflation hedge, arguing Jiří Soustružník. Drawing on Greg Mankiw’s framework, he sets out five ways the current unsustainable US debt path could be resolved: exceptionally rapid economic growth, government default (or debt restructuring), large-scale money creation raising inflation, direct central-bank financing of government spending, or fiscal consolidation through spending cuts and/or tax increases. Soustružník notes fiscal policy in the US is likely adding to inflationary pressures and cites a chart with Goldman Sachs’ forecast that gold could trend toward $5,000 by early 2007. He argues that if gold’s rise signals declining confidence linked to debt dynamics, investors are chiefly worried about either runaway inflation (via monetary financing) or outright default. By contrast, rapid growth—often invoked in the context of AI-driven gains—would be a favorable outcome that would reduce the debt-to-GDP ratio and likely bolster confidence in US Treasuries and the dollar. The author concludes that among Mankiw’s five scenarios it is inflationary paths or default that would most plausibly drive demand for gold; fiscal consolidation appears less likely to trigger a loss of confidence. He indicates the interaction between technological-driven growth and public finances merits further examination. #gold #inflation #USdebt #Mankiw #GoldmanSachs #FiatNews

KKR is reportedly among several bidders negotiating to acquire British coffee chain Costa Coffee from owner Coca-Cola, Sky News said on 27 October 2025, citing unnamed sources. The US investment group is described as one of several parties in talks over a potential takeover. Other interested buyers named by Sky News include Bain Capital, which already partly owns UK bakery-and-cafe chain Gail's, and TDR Capital, which controls supermarket and petrol-station chain Asda. Sources say KKR has not yet decided whether to submit a binding offer and could partner with another bidder. Costa Coffee operates outlets in the Czech Republic. Sky News reported potential valuations around £1.5 billion (roughly CZK 42 billion), a figure that may be viewed as too low by Coca-Cola, which paid £3.9 billion for Costa in 2018. No firm offers have been announced. #KKR #CocaCola #CostaCoffee #FiatNews

U.S. and Chinese trade negotiators said they reached a breakthrough in two days of talks in Malaysia, agreeing progress on tariffs, shipping fees, fentanyl and export controls—moves markets took positively on Monday. The People’s Daily commentary under the Zhong Sheng byline said neither side was surprised by the issues and focused on resolving them. Markets reacted: the Hang Seng China Enterprises index rose up to 1.3% and the MSCI AC Asia Pacific Index gained 1.5% to a new intraday high; 10‑year Chinese government bond yields ticked up as demand for safe assets eased. Leaders are expected to formally approve the terms during a meeting in South Korea this week—their first face‑to‑face since the U.S. president’s return to office. President Donald Trump signaled he might drop an investigation into whether China violated his earlier trade deal depending on the talks, saying, "If everything goes well, I'm sure that they'll convince us to drop it... I have a feeling they'll convince us." Economists cautioned that the accord may bring only short‑term relief: Bloomberg Economics analysts Chang Shu, David Qu and Jennifer Welch warned that frequent crises and short‑term compromises now characterise U.S.–China relations. For Beijing, fewer external uncertainties could free policymakers to focus on domestic support and tech self‑sufficiency—even as industry profits rose last month by the largest margin in nearly two years, the labour market remains weak and the housing slump persists. #USChina #HangSeng #MSCI #FiatNews

#Broader corporate schedule: this week sees results from major names across sectors — Deutsche Börse, PayPal, UBS, BASF, Boeing, Caterpillar, Verizon, Visa, Starbucks, Meta, Microsoft, Alphabet, Apple, Amazon, Exxon, Chevron and others. Investors will watch sector-specific drivers and earnings trends amid policy and macro headlines. #earnings #FiatNews

#Key macro calendar this week: Oct. 27 German Ifo (Oct), Oct. 29 Fed rate decision, Oct. 30 ECB meeting and US Q3 GDP/PCE releases, Oct. 31 preliminary eurozone CPI (consensus 2.1% y/y) and China manufacturing PMI. Also note US Chicago ISM and weekly jobless claims. Market focus: policy signals and inflation data. #macro #FiatNews

#Argentina midterms: Javier Milei and La Libertad Avanza won ~41% of votes, securing a stronger position in Congress to pursue market-oriented reforms. US financial support remains a key factor: a $20bn IMF program plus a $20bn swap line from Washington. Markets reacted strongly—Global X MSCI Argentina ETF jumped ~17% pre-market; MercadoLibre rose ~7%. #Argentina #MercadoLibre #FiatNews