As Tesla's earnings report approaches, mixed investor sentiment and elevated leverage create uncertainty around its stock performance amidst strong growth metrics and industry volatility.

Neither the US nor China have backed away from the brink approached before the weekend, but the many market participants have concluded that this is an "escalation to de-escalate".

The trading week ending on Friday, 10 October 2025, saw the S&P 500 drop over 2.4% from its previous week's close. The index closed the week at 6,552.50.

The euro remains under pressure as escalating trade risks fuel market anxiety. A sharp sell-off was triggered by Donald Trump's announcement of a potential 100% tariff on Chinese goods

Crypto market declined, but Bitcoin dominance breakdown could trigger the final Altcoin rally of this bull cycle from a technical and Elliott wave perspective.

The Dollar bounced at 98.80, but is struggling to consolidate above 99.00.

Nvidia's stock rose nearly 4% premarket after Trump eased his China tariff stance, boosting chipmakers and big tech stocks.

Gold managed to rebound towards a record high as the advance wave is still ongoing.

China trade tensions, the Middle East, and US fiscal uncertainty have pushed gold towards $4,050.

US equity-index futures rose after Trump indicated an openness to a deal with China, boosting morale after markets were unnerved by a rapid escalation in trade tensions.

As the new week unfolds, global FX markets wrestle with the uncertainty from the ongoing U.S. government shutdown, which has disrupted key data issuance and left investors “flying blind.”

The last year has been good for automobile sales thanks to looming tariffs and current tax credits. Tariffs in place will trigger lower sales in the coming year.

US stocks fell sharply on Friday, retreating from recent highs after President Donald Trump shocked markets with threats of a “massive” increase in tariffs on Chinese goods.

The First Brands Group, manufacturer of auto parts, including Raybestos brakes and FRAM, filed for bankruptcy on September 29th. This bankruptcy is troubling in two ways.

Investor confidence in the US dollar as a safe-haven asset was renewed following Trump's threat to impose harsh tariffs on China starting next month.

Trump's new China tariffs threaten the AI and key stocks like Nvidia and ASML, adding pressure to an already fragile market.

Precious metals are in strong focus as they all continue to rise with strong bullish momentum.

The dollar revealed its vulnerability during Friday afternoon’s FX trading.

Pound’s reversal against the Yen found support near the 38.2% Fibonacci retracement, right below the 202.00 line, and is trading higher again on Monday.

The GBP/USD exchange rate has pulled back and reached its lowest level since August 1 as traders braced for a renewed trade war between the United States and China.