📈BEFORE THE BELL 🔔 08-Oct-25

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BEFORE THE BELL

🟢Economic and geopolitical uncertainty, along with expectations of additional interest rate cuts by the Federal Reserve, pushed gold above $4,000 per ounce for the first time, as investors flocked to the safe-haven asset.

🟢The dollar also found support from risk-off sentiment, as fears escalated following U.S. President Donald Trump’s threat to fire large numbers of federal workers during the ongoing standoff.

🟢Wall Street futures inched higher ahead of the release of minutes from the Fed’s latest policy meeting, with market participants scanning for clues on growth, inflation, and rate direction amid delayed economic indicators and the looming earnings season.

🟢In Europe, shares hit record highs, led by steel stocks after the EU announced plans to cut import quotas, while a bank rally offset weakness in automakers following BMW’s forecast cut.

🟢 Japan’s Nikkei snapped a four-day winning streak on profit-taking, and Hong Kong tech stocks declined in light trading ahead of China’s market reopening.

🟢Oil prices jumped after OPEC+ announced a smaller-than-expected output hike, though oversupply concerns capped gains.