🌅 Morning Market Report – October 28, 2025

Key Takeaway:
Global markets are opening on a cautiously optimistic note: US indices closed at record highs, European equities are extending gains, and forex markets show a resilient US dollar. Crypto is under pressure after a volatile session, while commodities are mixed. Market leadership is broadening beyond tech, with cyclicals and select altcoins in focus. Investors are watching for central bank decisions, earnings, and trade headlines to set the tone for the day.


1. Global Indices: US Close, Asia Overnight, Europe Opening

RegionIndexLatest Price% ChangeNotes
USS&P 5006,791.69+1.23%Record close
Dow Jones47,544.59+1.00%Record close
Nasdaq Composite23,637.46+1.86%Tech-led surge
AsiaNikkei 22550,357.15–0.19%Pullback from highs
Shanghai Composite3,990.00–0.16%Slight dip
Hang Seng26,451.08+0.10%Modest gain
Sensex (India)84,690.00–0.10%Subdued
Jakarta Composite8,144.42–2.14%Volatile
EuropeFTSE 1009,653.82+0.09%Record high open
DAX24,308.78+0.28%Near resistance
CAC 408,239.18+0.16%Steady gains
IBEX 3516,000.20+0.87%Strong open
STOXX 600577.04+0.22%Broad-based gains
FTSE MIB42,911.57+1.00%Outperforming

US indices hit new records on strong earnings and cooling inflation. Europe is opening higher, led by Spain and Italy. Asia was mixed, with Japan and China pulling back after recent rallies.


2. Forex Market – Latest Rates

PairRateTrend
EUR/USD1.1655Dollar firm
GBP/USD1.3350Dollar firm
USD/JPY152.20Yen weak

The US dollar remains resilient, especially against the yen and pound, as investors seek safety and yield.


3. Cryptocurrency Market – Top Movers

CryptocurrencyPrice (USD)24h Change (%)
Bitcoin (BTC)114,275.58–1.31%
Ethereum (ETH)4,122.06–2.15%
Binance Coin (BNB)1,134.37–1.92%
Solana (SOL)202.51–0.47%
XRP2.6446+0.16%
Dogecoin (DOGE)0.20091–3.00%
Cardano (ADA)0.66562–2.54%
Hedera (HBAR)0.12+15.75%
MemeCore (M)0.09+5.87%
Zcash (ZEC)27.10–6.96%

Crypto market cap: $3.86T (–1.52% 24h). Hedera and MemeCore are standout gainers, while most majors are under pressure.


4. Commodities – Key Prices

CommodityPrice24h Change
Gold Spot$3,934,00/oz–1.2%
WTI Oil Future$61.44/bbl+7.5% (week)
Brent Oil Future$64.10/bbl+7.2% (week)
Silver Future$49.18/oz+1.0%

Gold is near all-time highs after a brief pullback. Oil is steady after a strong week, supported by new US sanctions on Russia.


5. Performance Dashboard

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Figure: Morning Market Dashboard – Asset Class Performance, Top/Bottom Movers, and Market Statistics (Oct 28, 2025)


6. Performance Highlights & Analysis

Asset Class Performance Summary

Asset ClassMean Daily %Top PerformerBottom Performer
European Equity+0.44%FTSE MIB (+1.00%)FTSE 100 (+0.09%)
Asian Equity–0.50%Hang Seng (+0.10%)Jakarta (–2.14%)
Cryptocurrency–0.38%HBAR (+15.75%)PIPI (–16.42%)

Top 5 Performers

AssetClass% Change
HBARCryptocurrency+15.75%
MemeCoreCryptocurrency+5.87%
LEOCryptocurrency+4.53%
LTCCryptocurrency+3.70%
FTSE MIBEuropean Equity+1.00%

Bottom 5 Performers

AssetClass% Change
PIPICryptocurrency–16.42%
ZECCryptocurrency–6.96%
DOGECryptocurrency–3.00%
ADACryptocurrency–2.54%
ETHCryptocurrency–2.15%

US Equity Weekly Performance

IndexWeekly %YTD %
Dow Jones+2.2%+11.0%
S&P 500+1.9%+15.5%
Nasdaq+2.3%+20.2%

7. Key News & Market Drivers

  • US Equities: Record closes on cooling inflation and robust earnings; “Magnificent 7” tech giants in focus this week.
  • Europe: Indices open higher on ECB/BoE rate cut optimism and US-China trade progress.
  • Asia: Mixed session as investors await central bank decisions; Japan and China pull back after strong rallies.
  • Crypto: Market cap slips as majors correct, but select altcoins (HBAR, MemeCore) surge.
  • Commodities: Oil holds gains on new US sanctions; gold near record highs.
  • Macro: US government shutdown delays some data, but markets remain resilient.

8. Market Outlook for Today

  • Earnings Watch: 60% of S&P 500 companies report this week; tech and cyclicals in focus.
  • Central Banks: Fed, ECB, and BoJ meetings could drive volatility.
  • Trade: US-China deal framework supports risk appetite, but tariff deadlines loom.
  • Crypto: Watch for further altcoin rotation and volatility in majors.

Summary Box:
Markets are at record highs, with Europe and the US leading. Crypto is mixed, and commodities are steady. Focus today: central bank meetings, earnings, and trade headlines.



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