Global Markets - Current News and Related Instruments (November 14, 2025)

Market Overview

Global markets opened the week with broad optimism, driven by rising metals, stronger equity indices, and a weakening Japanese Yen. The risk-on sentiment is supported by a 90-day trade truce between the US and China, which has eased tariff tensions and boosted pro-cyclical commodities and equities. However, U.S. equities experienced a notable decline on November 14, 2025, with major AI-related stocks like Nvidia falling amid investor concerns over Federal Reserve rate cut expectations and inflation pressures.

European markets faced pressure due to disappointing US interest rate outlooks, with indices like Germany's DAX and Spain's markets declining. Meanwhile, Asian markets showed mixed performance with the Nikkei and Hang Seng rising, but Shanghai slightly down. The Eurozone is expected to report stable Q3 GDP growth around 1.3%, indicating a steady recovery path.

Key Market Instruments and Their Status

Equity Indices

• Dow Jones Industrial Average: Mixed performance with recent gains but a 1.6% drop on November 14 due to tech stock weakness.
• S&P 500: Experienced a 1.66% decline on November 14, despite a weekly rally earlier in the month.
• Nasdaq Composite: Fell 2.29% on November 14, reflecting pressure on AI and tech sectors.
• European Indices: DAX down over 1%, CAC40 slightly down, with industrial sectors showing some resilience.
• Asian Markets: Nikkei and Hang Seng up, Shanghai Index slightly down.

Commodities

• Oil: Prices remain volatile amid geopolitical tensions and supply concerns. WTI oil rose 1.7% recently due to US sanctions on Russian oil and optimism over US government reopening, but oversupply concerns persist. Brent and WTI crude are trading within a $10 range.
• Gold: After reaching a three-week high, gold prices retreated by 0.65% on November 14, influenced by risk-asset selling and a stronger dollar.
• Silver: Surged back above $50, showing strong bullish momentum driven by industrial demand and fiscal stimulus expectations.
• Copper: Rebounding from lows due to supply tightness and increased US stockpiles, though tariffs and trade tensions remain a concern.
• Platinum: Range-bound with potential for breakout if market conditions improve.

Currency Markets

• USD: Slight recovery with the US Dollar Index at 99.14, influenced by Federal Reserve policy uncertainty.
• JPY: Fell to a nine-month low against USD, prompting intervention attempts by Japanese officials.
• GBP/USD and EUR/USD: Both pairs are recovering from recent lows, supported by easing trade tensions.
• Commodity-linked Currencies: Canadian and Australian dollars strengthened, reflecting rising commodity prices.

Fixed Income

• US Treasury Bonds: The 5-year bond shows bearish short-term signals but mixed technical indicators; the 10-year bond is neutral to bullish in sentiment with key support and resistance levels noted around 113.0.
• 30-Year Bonds: Last closed at 117.75 with mixed technical signals, showing short-term bearish momentum but longer-term bullish indicators.

Recent Economic and Corporate Highlights

• The US government reopening has eased some market uncertainties, but inflation concerns and Fed policy divisions remain key factors.
• Applied Materials shares dropped 6% after weaker spending guidance from China due to export controls.
• Apple reported a 22% increase in iPhone sales in China following the launch of the iPhone 17 series.
• Energy sector impacted by US sanctions on Russian oil company Lukoil, affecting production in Iraq and contributing to supply concerns.
• Eurozone manufacturing and GDP data indicate moderate growth, with the ECB expected to maintain current policy.
• Cryptocurrency markets show early signs of recovery, with Bitcoin stabilizing around $96,000 after recent declines.

Outlook and Key Events to Watch

Market participants are closely watching upcoming US inflation data, expected later this week, which could influence Federal Reserve rate decisions. The Eurozone's Q3 GDP revision and manufacturing data will also be key indicators of economic health. Geopolitical risks, particularly related to oil supply disruptions and trade relations, remain significant factors.

Investors are advised to monitor technical signals on major indices and commodities, as well as corporate earnings reports, for signs of market direction in the near term.