• US10YT=X
• US2YT=X
• US30YT=X
• US5YT=X

PIMCO bullish on stocks on US soft landing hopes, cautious on inflation

• AAXJ
• MIEU000M0PEU
• MIEU000S0PEU
• NDX
• US10YT=X
• US500

Equities can withstand recent rise in yields, says UBS

• US10YT=X

US single-family housing starts tumble in October

U.S. homebuilding fell significantly in October due to hurricanes and rising mortgage rates, despite a slight increase in future construction permits and improved builder sentiment.

• APO
• DXY
• GS
• KEYS
• LOW
• MDT
• MS
• NVDA
• US10YT=X
• US2YT=X
• US500
• WMT

Morning Bid: Treasuries pop on US Secretary race, Russia warning

U.S. Treasuries rose amid speculation over Trump's Treasury Secretary pick and geopolitical tensions, while global markets faced a risk-off mood due to trade and economic concerns.

• US10YT=X
• US500

Goldman Sachs forecasts S&P 500 to hit 6,500 by 2025 end, joining Morgan Stanley

• GC
• US10YT=X

Gold prices extend recovery on Russia-Ukraine tensions, softer dollar

Gold prices rose as the dollar weakened and tensions between Russia and Ukraine increased, boosting safe haven demand. Other precious metals and copper also showed positive movement.

• DXY
• US10YT=X
• US2000
• US500

Time to fade the Trump trade, says BCA

BCA Research warns that investors misjudge Trump's return's economic implications, highlighting differing macro conditions and questioning political feasibility of fiscal stimulus, suggesting caution in risk assets.

• US10YT=X
• US2000
• US500

Pullback in the S&P 500 may have already started, RBC says

RBC strategists predict a 5-10% pullback in the S&P 500, citing overextended futures, stretched valuations, and rising Treasury yields, amid positive GDP forecasts easing concerns.

• BTC/USD
• GD
• LDOS
• MRNA
• PFE
• TSLA
• US10YT=X
• US500

Analysis-Headwinds hit Trump-fueled rally in US stocks

The article discusses the decline of U.S. stock markets following Trump's election due to inflation fears and policy uncertainty, despite overall positive performance in 2023.

• BARC
• MIAP00000PUS
• MIWO00000PUS
• MUFG
• US10YT=X
• USD/JPY

Morning Bid: EM conditions tighten, outflows heighten

Asian markets struggle amid rising U.S. bond yields, a strong dollar, and Wall Street declines, while Thailand's GDP and other economic indicators remain in focus on Monday.