Financial Markets Update 28 October 2025
Stock markets gap higher
News Overnight
Equity markets cheer as a potential deal with China emerges and the FED meets tomorrow. Bitcoin has tried to rally and failed. Gold and Silver fall further.
Breaking
‘End in tears’: Bullock warns of risks to financial stability [AFR]
As Trump shuns Canada, Carney must mend fences and make his case in Asia [FT]
Bessent Says Japan’s Expansionary Policy Helping Stocks [Bloomberg]
Countdown to Fed cut: Bond investors scale back on longer-dated Treasuries [Reuters]
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Bitcoin Update 28 October 2025
BTC higher but has lost momentum as price fails at the first hurdle, 115.25. With equities gapping higher and closing at all time highs, Bitcoin should be higher. Bulls can put it down to position squaring in front of the FED, but they’d be deluding themselves.
US 10 Year Yield Update 28 October 2025
Let’s check where we are with the US 10 year as we get into the FED meeting. Since Trump was inaugurated, red vertical line, yield has fallen by a relatively small amount, and would have fallen further if the FED hadn’t cut already.




