Global markets face turbulence as strong US GDP and inflation data bolster bets for a December Fed rate hike, pressuring Gold below $4,000. US equities, particularly the Nasdaq, slumped amid AI cash-burn fears. In Europe, strong Q3 GDP was overshadowed by French debt concerns, while Tokyo's inflation beat the BoJ's target. Geopolitical tensions escalated as a Strait of Hormuz tanker attack pushed Brent Crude higher, and European natural gas topped €100. Meanwhile, crypto markets crashed after a $6.3 billion Binance hack, sending Bitcoin tumbling.
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Saturday, October 31, 2026
The MoodVector engine's market summary for this day.