01 | US GDP growth at 3.4%
US GDP grew at an annualized rate of 3.4% in the third quarter, above expectations. Consumption and investment supported the economy, but strong growth may limit room for the Federal Reserve to ease.
02 | US PCE inflation heats up
PCE in September rose 3.6% year over year, while core PCE rose 3.1%. Inflation remains above the 2% target, and the Federal Reserve faces a test in December policy.
03 | US consumer income shows divergence
Nominal consumer spending rose 0.5% in September, but real disposable income fell 0.3%, and the savings rate declined to 3.8%.
04 | The US labor market remains resilient
Initial jobless claims fell to 194,000 last week, below market expectations. Low layoffs support the economy, but that does not mean hiring is accelerating broadly.
05 | European Central Bank keeps rates unchanged
The ECB’s deposit facility rate remains at 2.50%, with continued attention to energy prices and inflation risks.
06 | Lagarde announces early departure
ECB President Christine Lagarde will step down on February 7, 2027, marking a significant change ahead for the leadership of European monetary policy.
07 | Samsung profits surge, but shares are sold off
Samsung Electronics reported third-quarter operating profit of 107.4 trillion won, yet its share price fell about 4%. Profit growth diverged from valuation expectations.
08 | South Korean stocks fall below 6,000
The KOSPI closed down 1.24% at 5,937.66. Samsung Electronics fell while SK Hynix rose against the trend, highlighting a clear split within the memory-chip sector.
09 | Japanese stocks rise as A-shares retreat
The Nikkei 225 closed up 1.10%, while the Shanghai Composite closed down 0.82%. Risk appetite continued to diverge across Asian markets.
10 | Alphabet weighs on U.S. tech stocks
The Nasdaq opened down 1.31%, with Alphabet under pressure over massive AI spending and cash flow concerns. Markets are scrutinizing returns on AI investment more closely.
11 | Eli Lilly raises full-year revenue guidance
Eli Lilly’s third-quarter revenue was $24.4 billion, up 39% year over year, with weight-loss and diabetes drugs continuing to drive growth.
12 | Caterpillar earnings grow, but shares remain under pressure
Quarterly revenue grew 17%, but the full-year sales outlook was not raised. Strong demand for AI-related equipment does not guarantee a rise in the share price.
13 | European energy giants post sharp profit growth
Shell reported quarterly adjusted profit of $10.81 billion, while TotalEnergies reported $9.1 billion. High energy prices and refining margins supported results.
14 | Brent crude pulls back, gold under pressure
At 21:14 Beijing time, Brent was at $113.77 per barrel; gold was around $4,035 per ounce in earlier reports that day. These are not simultaneous quotes.
15 | BTC ETF inflows
On October 28, U.S. spot BTC ETFs saw net inflows of $137.3 million, while ETH and SOL ETFs saw net outflows of $21.4 million and $5.7 million, respectively.
📊 Market overview for this period
The U.S. economy is growing strongly, but inflation remains high; the ECB kept rates unchanged. Asian stocks were mixed, U.S. tech stocks opened lower, and oil and gold came under pressure. Crypto ETF flows favored BTC. Watch Treasury yields, AI cash flows, memory chips, and Middle East supply risks.