MONEY MASTER

Quick Summary Global equities advanced  as investors leaned on earnings optimism Gold and silver hit fresh record highs  on safe-haven demand Oil prices jumped  on renewed US–Iran tensions Rate-cut expectations eased  after the Fed signalled a prolonged pause Stocks Hold Firm on Earnings Optimism World shares edged higher on Thursday as markets looked to  corporate earnings  to support valuations, even as expectations for near-term US rate cuts faded. Euro STOXX 600  rose  0.5% , supported by strength in  energy and basic resources UK, France and Spain posted gains, while  Germany slipped 0.6% S&P 500 and Nasdaq futures  rose around  0.3%  each Investors are closely watching results from  Apple , with analysts at  JPMorgan  expecting earnings to  beat consensus , driven by stronger-than-expected  iPhone 17 demand  and slower cost growth. Fed Signals: Last Cut May Be Behind Us The  Fed...

The upcoming third-quarter earnings season in the U.S. will begin with the nation’s largest banks, offering a critical gauge of economic health amid a partial government shutdown that has delayed key macro data. Analysts expect  S&P 500 earnings to rise 8.8% year-on-year  in Q3 2025, with major banks forecasted to outperform, posting  double-digit EPS growth  driven by a rebound in investment banking and steady lending. JPMorgan, Goldman Sachs, Citigroup, and Wells Fargo  report results on Oct 14, followed by  Bank of America and Morgan Stanley  on Oct 15. Key Themes Driving Results Investment Banking Recovery: U.S. banks announced  52 M&A deals worth US$16.6 billion  in Q3—the most since 2021—supported by greater regulatory clarity and improved corporate confidence. IPO activity also hit its strongest level since late 2021. Trading Revenues: Elevated volatility across equities, fixed income, currencies, and commodities boosted client...

U.S. stocks traded mostly lower Monday despite a U.S.-E.U. trade deal, with individual names making big moves ahead of a jam-packed earnings week and key Fed decision. Winners Tesla (TSLA):  +3.6% after the EU-U.S. trade deal capped auto tariffs at 15%. CEO Elon Musk also confirmed a  $16.5B chip deal with Samsung  for next-gen AI chips at a Texas fab. AMD (AMD):  +4% to $173.14 after UBS raised its price target to $210, citing AI growth momentum. ASML (ASML):  +4% as European semiconductor stocks jumped post-trade deal. Nike (NKE):  +4% to $79.34 after J.P. Morgan upgraded the stock to Overweight and hiked the target to $93, forecasting a multi-year recovery. Cheniere Energy (LNG):  +1.2% after the EU agreed to buy $750B in U.S. energy, including LNG. Lockheed Martin (LMT):  +0.3% as the EU pledged large U.S. military equipment purchases. Boeing (BA):  +0.5% despite labor tensions after workers rejected a contract offer, triggering a potenti...