Financial Markets Update 21 October 2025
China spinning it's wheels in quicksand
News Overnight
Some data finally but not from the US. In China the stronger Industrial Production supports yesterday’s strongly higher trade numbers but the rest of the data tells us that spinning the wheels quicker doesn’t work in quicksand.
Those industrial and resource price increases in Canada aren’t a good look, let’s see where CPI comes in later today.
The buy all hard assets trade continues with equities surging and Vix going lower
Breaking
PrimaLend creditors consider bankruptcy push as payments stall - Bloomberg [investing.com]
Albanese and Trump commit to $13b in critical minerals projects [AFR]
Europeans rush to Zelenskyy’s defence after tense Trump meeting [FT]
JPMorgan warns First Brands fallout driving up banks’ funding costs [FT]
S&P 500 Climbs 1% as Earnings Kick Into High Gear [Bloomberg]
Amazon Outage Still Hampers AWS Service as Recovery Drags On [Bloomberg]
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Bitcoin Update 21 October 2025
Economic Indicators Today
