Financial Market Preview - Friday 9-Oct

US equity futures are firm, with S&P higher. Treasury moves were mixed: the 10‑year yield ticked up 1bp to 5.2% after Treasuries tightened across the curve on Thursday. Gilts and Bunds were weaker, falling about 5bps and 4bps to 5.4% and 3.5% respectively. The dollar softened against major European currencies and the Australian dollar but strengthened versus the Japanese yen. Oil slipped—the WTI benchmark was down roughly 0.6%, trading near $91/bbl—while gold advanced and industrial metals rose. Bitcoin moved lower. Equity market sentiment is benefiting from stabilization in bond markets. Treasury rally coincided with pullback in oil after comments from Trump on diplomatic progress with Iran. Well-received auctions in US and Japan are helping to dampen upward pressure.

Companies mentioned: Blackstone, Starbucks, CIRSA Enterprises