Microsoft offers voluntary exits to roughly 27% of its workforce amid AI investment push
🏢 Around 60,000 Microsoft employees are eligible for voluntary exit packages. This is the pool of eligible staff, with actual departures yet to be determined. Employees have until early December to decide, with exits expected at year-end.
🤖 The move comes as Microsoft manages operating costs while projecting about $175 billion in capital spending for 2026, focused on AI infrastructure and data centers.
📊 The program highlights the challenge of balancing AI expansion with workforce efficiency. Actual savings will depend on participation, while severance packages could create upfront costs.
🔎 Participation rates, cloud revenue growth and profit margins will help clarify the financial impact of this workforce adjustment.
FTSE 100 rebounds as oil eases and defence stocks lead gains
📈 The FTSE 100 closed October 26 up 0.72% at 10,767.33, recovering after a 1.8% decline the previous week. The FTSE 250 gained 1.09%, showing the rebound extended to mid-cap stocks.
🛢️ Lower oil prices eased energy concerns and supported sentiment. However, Brent remained near $115.8 a barrel around the London market close, keeping cost pressures in focus.
🏭 Rolls-Royce rose about 6.1% and BAE Systems gained 4.1%, supported by expectations of higher defence spending ahead of the UK Budget. Banks also recovered, while Shell and BP fell alongside oil.
🔎 This week’s UK Budget and Fed rate decision will test the rally’s durability. Sentiment has improved, but one positive session offers limited evidence of a lasting uptrend while Middle East developments remain uncertain.
Saudi Arabia plans to store crude oil in Singapore from the second half of 2027
🛢️ Saudi Arabia and Singapore have announced plans to store Saudi crude at Jurong Rock Caverns. Aramco has exchanged an MoU with Singapore agencies, while detailed terms remain to be finalised.
🌏 Holding oil closer to Asian customers would improve supply flexibility when shipments from the Middle East face disruption, while providing a buffer for Singapore.
🏗️ Jurong Rock Caverns can hold around 9 million barrels of liquid hydrocarbons. This is the facility’s total capacity; Saudi Arabia’s planned storage volume and specific terms have yet to be disclosed.
⚖️ The arrangement could cushion regional supply disruptions. However, stored oil offers temporary support and still requires reliable transport routes for replenishment.
🧭 TSLA favors an upside short sweep first. Although cumulative long liquidations are larger, their heaviest concentration sits farther away at 350–369. The short cluster at 398.5–403.5 is closer, with a prominent liquidation spike near 400.
🔺 The first target is 398.5–403.5. Short liquidations could amplify the advance as price approaches 400. Holding above 403.5 opens the next target at 405–408.5.
🎯 A break and hold above 408.5 shifts attention to 412–414. Liquidation density drops noticeably beyond this zone, reducing further squeeze fuel. The reaction there matters more than chasing the move.
⚖️ The upside scenario uses 392.5 as its key reference. Losing it without a reclaim shifts priority to 388–390, then 378–384. A sweep near 400 followed by a drop below 398.5 would also weaken the case for further upside.
SC02 M1 - pending Short order. Entry lies within LVN + not affected by any weak zone, the current resistance zone is approximately 3.25% wide. The downtrend has lasted 1 hour and 30 minutes, with the largest recorded price decline of 15.98%. If price breaks above this resistance zone, the trend is likely to reverse upward.
SC02 H1 - pending Short order. Entry contains POC + not affected by any weak zone, the current resistance zone is approximately 1.38% wide. The downtrend has lasted 4 days and 15 hours, with the largest recorded price decline of 6.83%. If price breaks above this resistance zone, the trend is likely to reverse upward.
Gold edges higher as oil eases, with markets awaiting Fed signals
🟡 Spot gold rose around 0.4% to $4,010/oz during the Asian session on October 26, following a weekly decline of roughly 4%. The rebound lifted prices above $4,000 but remains insufficient to confirm a trend reversal.
🛢️ Lower oil prices helped ease inflation concerns, offering gold some relief from expectations of tighter monetary policy. A renewed rise in oil could revive inflation risks and weigh on gold through the interest-rate outlook.
🏦 Attention turns to the Fed decision at 01:00 WIB on October 29, followed by September PCE inflation and Q3 GDP at 19:30 WIB that day. Guidance on December interest rates will be closely watched.
📊 The $4,000 level remains a near-term reference point. Whether gold sustains its rebound will depend on oil prices and whether US data reinforce or soften expectations of another rate hike.
🧭 HBAR favors an upside short sweep. Estimated cumulative short liquidations reach roughly $10.8M, more than twice the nearly $5M in longs across the displayed range. Successive overhead clusters stand out, particularly at 0.0821–0.0833.
🔺 The first target is 0.0785–0.0794, with a concentration near 0.0791. A break and hold above 0.0794 shifts attention to 0.0805–0.0808, followed by 0.0814–0.0818.
🎯 The main extended target is 0.0821–0.0833. Several large liquidation spikes sit close together here, potentially amplifying an advance as price enters the zone. Density drops noticeably beyond it.
⚖️ A substantial long cluster remains below at 0.076–0.0774. Losing 0.0774 without a reclaim shifts priority toward sweeping that cluster, then 0.0743–0.0755. Avoid chasing if price sweeps 0.0791 and falls back below 0.0785.
SC02 M1 - pending Long order. Entry lies within LVN + meets positive simplification with 2 consecutive previous Long orders that delivered very good returns, 2.01%. The uptrend has lasted 1 hour and 25 minutes, with the largest recorded price increase of 9.47%. If price breaks below this support zone, the trend is likely to reverse downward.
SC02 M1 - pending Long order. Entry lies within HVN + not affected by any weak zone, the current support zone is approximately 2.17% wide. The uptrend has lasted 6 hours and 20 minutes, with the largest recorded price increase of 22.20%. If price breaks below this support zone, the trend is likely to reverse downward.
Germany prepares to buy Ukraine’s Bars missiles for military trials
📰 Berlin is expected to sign an initial purchase agreement in the coming weeks. Bundeswehr technical trials are planned for early 2027, with a potential order for several hundred missiles if testing succeeds.
🚀 Bars is a low-cost cruise missile with a range of up to 1,000 km, depending on the variant. A Ukrainian–German joint venture already manufactures it in Germany and delivered its first batch to Ukraine in October.
🇩🇪 If completed, the deal would mark the Bundeswehr’s first known purchase of Ukrainian-developed offensive weapons for its own use.
🔎 The plan highlights opportunities for Ukrainian defence technology as Europe expands its long-range strike capabilities. Further purchases remain conditional on trial results.
🧭 XPL favors an upside short sweep. Estimated cumulative short liquidations total roughly $5.2M versus nearly $3M in longs across the displayed range. Successive overhead clusters provide several upside targets.
🔺 The first target is 0.0742–0.0755, particularly 0.0744–0.0747. A break and hold above 0.0755 shifts attention to 0.0765–0.0770, with a prominent liquidation spike around 0.0768.
🎯 The extended target is 0.0793–0.0812, with a strong concentration near 0.0800. Liquidation density thins across 0.0773–0.0788, making the reaction after the 0.0768 cluster key to continuation.
⚖️ The upside scenario retains priority above 0.0720. Losing that level without a reclaim shifts attention to the long cluster at 0.0703–0.0717. Avoid chasing if price sweeps the first cluster and falls back below 0.0742.
SC02 M1 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is approximately 3.64% wide. The uptrend has lasted 5 hours and 8 minutes, with the largest recorded price increase of 31.97%. If price breaks below this support zone, the trend is likely to reverse downward.
SC02 H1 - pending Short order. Entry contains POC + not affected by any weak zone, the current resistance zone is approximately 0.83% wide. The downtrend has lasted 4 days and 6 hours, with the largest recorded price decline of 4.10%. If price breaks above this resistance zone, the trend is likely to reverse upward.
🧭 ZRO favors an upside short sweep. Cumulative short liquidations reach roughly $7M versus $4M in long liquidations within the displayed range. Several liquidation clusters sit overhead, particularly from 1.78 onward.
🔺 The first target is 1.78–1.80. A break and hold above 1.80 shifts attention toward 1.81–1.85, followed by the larger cluster around 1.87–1.88.
🎯 The extended target is 1.90–1.935, with concentrated liquidation spikes around 1.918–1.933. Sustaining the move requires holding reclaimed levels; short liquidations alone do not establish a lasting uptrend.
⚖️ The nearest reference level is 1.705. Losing it without a reclaim shifts the preferred scenario toward the long clusters at 1.68–1.69, then 1.635–1.65. That lower concentration could amplify a decline as price enters the zone.
Oil eases on diplomatic signals as markets start the week cautiously
🛢️ Brent fell around 1% to $115.48 a barrel in early Asian trading on October 26, following reports that Qatari mediators visited Tehran to help ease regional tensions in coordination with the United States.
🌏 The decline suggests markets welcomed the diplomatic signals, though supply risks remain unresolved. Oil above $115 continues to put pressure on business costs and the inflation outlook.
🏦 Investors also await meetings of the Fed, ECB and BOJ, alongside earnings from Microsoft, Amazon and Alphabet this week.
🔎 Concrete progress in mediation will be key. Renewed escalation could push oil higher again, making a sustained improvement in market sentiment harder to achieve.
SC02 H1 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is approximately 2.88% wide. The downtrend has lasted 13 days and 10 hours, with the largest recorded price decline of 26.88%. If price breaks above this resistance zone, the trend is likely to reverse upward.
SC02 M5 - pending Long order. Entry lies within HVN + not affected by any weak zone, the current support zone is approximately 3.18% wide. The uptrend has lasted 1 day, 14 hours and 15 minutes, with the largest recorded price increase of 65.77%. If price breaks below this support zone, the trend is likely to reverse downward.
Brazil extends runoff voting, interrupting presidential result reporting
🗳️ The October 25 race between Lula and Flávio Bolsonaro saw a last-minute change as Justice Cristiano Zanin extended voting by two hours following transport and weather concerns raised by both campaigns.
⏳ The TSE clarified that only polling stations still open at 17:00 Brasília could continue voting. Closed stations would remain shut. The new deadline was 19:00, equivalent to 05:00 WIB on October 26.
📊 Before tabulation paused, Lula led with 57.66% against Flávio’s 42.34%, with just 0.25% reported. This small, unrepresentative share was insufficient to indicate a nationwide winner.
🔎 The TSE said tabulation and result reporting would resume after the extended deadline. Attention now turns to fuller results and both candidates’ responses.
🧭 XLM favors an upside short-liquidation sweep first. Cumulative shorts are nearly three times longs, with major concentrations at 0.1722–0.1758 and 0.1795–0.1818, providing successive upside targets.
🔺 Liquidation density is relatively thin through 0.169–0.1715. The nearest main target is 0.1722–0.1758, with prominent peaks near 0.1728 and 0.1734. Short liquidations within this band could amplify the rally.
🎯 Clearing and holding above 0.1758 shifts focus to 0.1795–0.1818. Density drops around 0.1775–0.178 before building sharply again, making the reaction after the first cluster key to an extended sweep.
⚖️ The upside scenario retains its edge above 0.1665. Losing that level without reclaiming it shifts attention to longs at 0.165–0.166, then 0.162–0.1644. Avoid chasing if price sweeps the first cluster and falls back below 0.1722.