[Mtl JP]

and suddenly … things are moving , gaps closing …

[GVI Forex 2]

How will the JPY react to a stimulus economic agenda but with a weak government?

Japan’s LDP and Ishin parties reportedly agree to form a coalition govefnment

• Deal with Ishin paves way for Japan’s first female leader, Takaichi
• Ishin, unlike previous LDP partner, won’t be in cabinet
• Parliamentary vote to choose PM slated for Tuesday
• Takaichi wants tax cuts, higher spending
• Potentially shakier alliance than the coalition with Komeito

[GVI Forex 2]

Newsquawk Week Ahead Highlights: 20-24th October 2025

Highlights include CPI from the US, UK, Japan and Canada, Global Flash PMIs, Japanese PM Vote, and Chinese Activity

[Mtl JP]

allegedly

The alleged ‘sweeping betrayal of trust’ that rocked Zions bank and spooked Wall Street cnbc

…”Zions Bancorporation lost $1 billion of its valuation in a single day on Thursday after disclosing $60 million worth of loans it had made that were unlikely to be repaid.

What led to that point was a messy, tangled web of loans that Zions said were surreptitiously subordinated by the borrowers all while the collateral was effectively eliminated.” …/.

“sweeping betrayl of trust”: glory to the betrayors ?

[GVI Forex 2]

In our blog

Algorithmic Trading Explained: How Algos Think, Trade, and Shape Today’s Markets

[GVI Forex 2]

iN OUR BLOG

Why Trading Is About Odds, Not Predictions

No one can predict the market. What traders can do is take high-odds trades that have a strong chance of success, rather than chasing risky setups with poor risk/reward ratios.
Trading is a game of probabilities. You win not by being right all the time, but by putting the odds on your side you have a better chance pf being successful..

 

[Mtl JP]

BoC’s macklem is likely trying to mask the stink of crap data pilling upon crap data of canadian economy:

Bank of Canada to focus more on risks, will try to be forward-looking, head says – rtrs

… “We will be using a new base case projection to look forward against the background of heightened uncertainty … I’m hoping we can be a bit more forward looking,” Macklem said.
He added that there was still a lot of uncertainty even though it lower than the levels seen in February and March. …/..

The central bank is due to release the rate decision and its latest economic forecasts on October 29 when it will also resume issuing forecasts for the economy and inflation, a practice it discontinued earlier this year citing heightened uncertainty due to a constant threat of tariffs.

[Mtl JP]

also … bessent bought more MORE Argentinian crap

Oct 17 (Reuters) – The U.S. Treasury bought Argentine pesos in the spot and “Blue Chip Swap” markets on Thursday and it continues to monitor all markets, Treasury Secretary Scott Bessent said on Friday.
“Treasury is monitoring all markets, and we have the capacity to act with flexibility and with force to stabilize Argentina,” he said in a post on X.40

[GVI Forex 2]

Newsquawk U.S. Market Wrap

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

S&P downgrades France (EURUSD took a late hit on this)

Source: Try Newsquawk free for 7 days

[Belgrade Bobby]

US Stocks Large Cap

[Belgrade Bobby]

US Stocks Biggest Losers Today

[Belgrade Bobby]

US Stocks Top Gainers today

[Belgrade Bobby]

US Stocks Rise on Trade Optimism, Bank Rebound

Wall Street edged higher on Friday as investor sentiment improved following President Trump’s comments easing fears of further trade escalation with China and as regional bank stocks rebounded from steep losses.

The S&P 500 and the Nasdaq 100 gained 0.2% each, while Dow Jones rose over 150 points.

Trump confirmed plans to meet Chinese President Xi Jinping later this month, noting that 100% tariffs on Chinese goods would not be sustainable for either economy.

Consumer staples, energy, and financials led the gains, while materials and utilities lagged.

Regional lenders such as Zions Bancorp and Western Alliance, which tumbled Thursday on loan concerns, recovered 4% to 6%.

Strong earnings from Fifth Third Bancorp, Truist Financial, and Huntington Bancshares helped restore confidence in the sector.

The KBW Regional Bank Index climbed 1.2%, rebounding from its steepest drop since April, as all major US indices stayed on track for weekly gains.

 

Dow Jones Hourly Chart

[Belgrade Bobby]

NIO Inc. Stocks

Nio managed today to cool off for a moment.

Escaped hitting a new low and free fall that could emerged in the process…

However we have a lower high as well, so nothing to support a possibility of a quick reversal of fortune.

Resistances: 6.80 & 6.90

Supports: 6.50 & 6.30

[Belgrade Bobby]

Opendoor Technologies Inc. Stocks – OPEN

Open continued its slide as expected ( miracle did not happen J

Next support comes at 6.45

Resistances: 7.25 & 7.50

[GVI Forex 2]

XAUUSD (GOLD): Low 4186, last 4222

Classic liquidating market

[Mtl JP]

Read on WSJ
–

Xi Removes China’s No. 2 General in Escalating Purge of Military Leadership
China also ousted eight other high-ranking military commanders, as leader Xi Jinping dials up a crackdown on corruption and disloyalty in the armed forces.

[Mtl JP]

I think trump made a mistake with his impetous 100% tariff on china
2nd mistake is to have come out with tail between his legs

maybe he was / is due for a lesson

[Mtl JP]

12:15 – musalem is chatting at some fireside
fwiw

[Mtl JP]

GVI 3:59 what do you devine from it ?
–
–
–
EURO s at 1.1676 as I type.

[GVI Forex 2]

US500 (SP500)

• Out of the danger zone while above 6600

US500 1 HOUR CHART

[GVI Forex 2]

JP, 1 HOUR EURUSD CHART

 

[GVI Forex 2]

XAUUSD (GOLD) UPDATE

• Low 4217 vs 4221 support (have to give it a little leeway).
• Would need to get back above 4279 to deflect end of week risk, seems hard to suggest it barring some surprise news.
• Bulls should be happy to see a close above 4200

XAUUSD 1 HOUR CHART

[Mtl JP]

EURO 1.1665 as I type
–
odds are the low is in,
50 should hold Support

[Mtl JP]

…”they forced me to do that,” Trump
trump showing his petulance ?
so bessent is now trying to smooth the surface with HE

makes me wonder what the chinese have said to trump to exact such pulling of the tail back between legs

[GVI Forex 2]

NAS100 (NASDAQ) UPDATE

• Another setup gone awry with the 24253 level (cited repeatedly here) keeping the broad range to 23974 intact.

Now here comes the test

1. History has shown that NAS retracements have been followed by even stronger recoveries so what happens next will be a test of strength for the broader uptrend.

NAS100 DAILY CHART

[GVI Forex 2]

XAUUSD (GOLD) UPDATE

• Another short-lived risk off episode has seen GOLD smash through 4273
• Now 4221 stands in the wqay of 4200, pausing so far above it

XAUUSD 4 HOIUR CHART

[GVI Forex 2]

Newsquawk Stock Specifics

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

US500 (SP500); Damage not fatal

• Lower high (2 blue AT lines) has potential to signal a top but only if 6496 is taken out.
• Otherwise,, price action, including a failed break below 6551 is more chop with the broad 6496-6768 range.

US500 DAILY CHART

[Author]

Posts