Will the October FOMC meeting be the end of QT?

The ongoing trade war between the U.S. and China has revealed a 'sleeper issue' that could have significant implications for both economies. This issue, often overlooked, highlights the complexities of international trade relations and the potential long-term effects on global markets. Understanding this dynamic is crucial as it may influence future negotiations and economic policies.

On October 25, the ongoing conflict between Russia and Ukraine marks Day 1,340, highlighting the prolonged nature of this war. This situation continues to draw international attention as it impacts regional stability and global politics. Understanding the developments in Ukraine is crucial for grasping the broader implications of the conflict.

Gold prices have experienced significant fluctuations recently, reaching record highs of nearly $4,400 per ounce before a sharp decline of over 6% on October 21. This volatility has led to discussions among investors and analysts about the future of gold in the market. Goldman Sachs has revisited its price target for 2026, indicating that despite the recent downturn, there may still be potential for growth in the long term. Understanding these trends is crucial for investors looking to navigate the precious metals market.

The NYT Connections game for October 26 has provided players with helpful hints and answers, making it easier for fans to engage with the puzzle. This is significant as it enhances the gaming experience, allowing more people to enjoy and participate in the challenge, fostering a sense of community among players.

China's growing influence in Latin America has raised concerns in the United States, highlighting the geopolitical tensions in the region. While China's economic presence is significant, recent analyses suggest that its grip may not be as strong as previously thought. This matters because it reflects the shifting dynamics of international relations and the ongoing competition between major powers for influence in emerging markets.

Markets are buzzing with optimism as they speculate that the Federal Reserve might cut interest rates in its upcoming October meeting. This potential move is seen as a response to current economic conditions, aiming to stimulate growth and support consumers. If the Fed decides to lower rates, it could lead to increased borrowing and spending, which would be a positive sign for the economy. Investors are closely watching these developments, as they could significantly impact financial markets and consumer confidence.

China, the world's second-largest economy, is seeing a surge in private investments, which is crucial for its growth and innovation. This trend not only boosts the domestic market but also enhances China's position in the global economy. As private sector contributions increase, they are expected to drive technological advancements and create job opportunities, making this a significant development for both China and the international community.

UBS is closely monitoring the European Central Bank's policy as the next meeting approaches. This is significant because any changes in the ECB's stance could impact financial markets and economic stability in the Eurozone. Investors and analysts are keen to see if the ECB will maintain its current course or make adjustments that could influence interest rates and inflation.

Former President Donald Trump is set to headline the ASEAN summit, bringing significant attention to the region's diplomatic efforts. This summit is particularly important as Thailand and Cambodia are expected to sign a ceasefire deal, which could pave the way for improved relations and stability in Southeast Asia. The outcome of these discussions could have lasting impacts on regional security and cooperation.

President Donald Trump made a lively entrance in Malaysia for the ASEAN summit, greeting officials with enthusiasm and even dancing. This visit is significant as it highlights the importance of U.S. engagement in Southeast Asia, fostering relationships and cooperation among nations in the region.

President Donald Trump's arrival in Malaysia marks a significant moment for ASEAN relations, as he is welcomed by Malaysian Prime Minister Anwar Ibrahim. This visit highlights the importance of diplomatic ties in the region and sets the stage for discussions on various collaborative efforts.

The US Department of Agriculture has announced that no food aid benefits will be issued next month, which is concerning for many families relying on this support. This decision could lead to increased food insecurity for vulnerable populations, highlighting the ongoing challenges in addressing hunger in the country.

President Trump has announced a 10% increase in tariffs on Canada, a move sparked by a controversial advertisement from Ontario that quotes former President Reagan criticizing import levies. This decision highlights ongoing tensions between the U.S. and Canada and raises concerns about the potential impact on trade relations and the economy. As tariffs can lead to higher prices for consumers and strain diplomatic ties, this development is significant for both countries.

U.S. stocks are hitting record highs, but what's even more exciting is that international equities are set to outperform the S&P 500 by the largest margin since 2009. This trend highlights a growing global market recovery, suggesting that investors might find better opportunities outside the U.S. It’s a significant moment for those looking to diversify their portfolios and capitalize on international growth.