17 October 2025
US stocks fell on Thursday, as regional bank shares slumped amid growing concerns over deteriorating loan quality. The S&P 500 slid 0.6%.
US Treasuries rallied (yields sank) amid escalating credit worries. 10-year yields declined 6bp to 3.97%.
European stocks rose on Thursday, with the political developments in France in focus. The Euro Stoxx 50 was up 0.8%. The German DAX gained 0.4%, while the French CAC increased 1.4%. In the UK, the FTSE 100 inched 0.1% higher.
European government bonds were range-bound. 10-year German yields closed flat at 2.57%, with French 10-year yields unchanged at 3.34%. Meanwhile, 10-year UK yields were down 4bp to 4.50%.
Asian stock markets traded mostly higher on Thursday. Korea’s Kospi led the regional gains, surging 2.5% amid optimism over US-Korea trade negotiations. In Japan, the Nikkei 225 rose 1.3%, with local political developments remaining in focus. Elsewhere, China’s Shanghai Composite edged up 0.1%, whereas Hong Kong’s Hang Seng was down 0.1%. India’s Sensex advanced 1.0% on hope for easing US-India trade frictions.
Crude oil prices extended losses on Thursday amid persistent concerns over oil supply surplus, before next week’s high-level talks between the US and Russia. WTI for November delivery settled 1.4% lower at USD57.5 a barrel.
No major releases.
No major releases.
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