Financial Market Newsletter

According to a White House statement released last night, the Trump Administration is considering new export restrictions on China, which would prohibit the sale of a wide range of critical technology software and engine components in coordination with G7 member nations.

Global gold prices recorded their steepest single-day drop in decades, while silver posted its sharpest decline since February 2021 on Tuesday evening, as markets underwent a correction following weeks of relentless gains that had repeatedly driven precious metals to record highs.

China reported that its Gross domestic product (GDP) grew 4,8% year-on-year in Q3 2025, down from 5,2% in the previous quarter.

Gold prices fell more than 2% on Friday after reaching a record high of USD 4.378,69 per ounce, pressured by a 0,2% rebound in the USD Index and comments from U.S President Donald Trump, who said that the comprehensive tariffs on China would not last long.

Bank of Japan (BoJ) Governor Kazuo Ueda stated that the Central bank would continue to tighten monetary policy should the economic outlook improve - signaling the possibility of further rate hikes in the near term.

The USD fell against the euro and Japanese yen on Wednesday as market sentiment deteriorated amid escalating trade tensions between the United States and China.

Federal Reserve Chair Jerome Powell signaled that the FED is almost certain to deliver another 25-basis-point rate cut later this month, even as the ongoing U.S Government shutdown significantly dampens the policy’s near-term impact on the economy.

China’s exports to the United States declined for the sixth straight month in September, reflecting escalating trade frictions between the world’s two largest economies. According to data released by the General Administration of Customs on Monday, shipments to the U.S fell 27% year-on-year, while imports from the U.S

U.S President Donald Trump on Friday announced an additional 100% tariff on Chinese goods and imposed export controls on all critical technologies, effective November 1.