Market Snapshot

Desk notes 2026-10-06 13:30 SGT · Built Fri 09 Oct 2026, 09:45 SGT

Right now

Equities

Risk-on — NDX ATHs, SPX +0.66%

  • Brazil election (Bolsonaro 47% vs Lula 45%) driving EM re-rating
  • Taiwan testing 50K for first time
  • Nikkei back at 70K
  • HSI +80bps
Rates

US 10Y at 5.30% (new highs), 30Y near 5.70%

  • ISM Services 54.9, GDP tracking +4-5%
  • Fed patient — no urgency on further hikes
  • US L/S net leverage at 5Y lows (2nd percentile) → forced buyers if rally continues
FX

EUR at 17-month lows

  • French debt concerns, OAT-Bund spread +50bps
  • DXY +22bps
Commodities

Brent declined to $100 (−2%)

  • On Saudi Nov Asia pricing cut and improving Hormuz flows
  • Gold flat ~$4,141
  • Iron ore off 52-week lows, Brazil +13% on election
AI / Semis

NVDA ATHs, Hon Hai Sep sales beat

  • TSMC 3Q26 preview strong
  • MS TP NT$3,088, GS TP NT$3,300
  • Korea catching up post-holiday — Samsung buyback ending today, prelims Oct 8
  • SK Hynix buyback slowing
  • Mediatek −4% on Broadcom TPU staying
Deal flow

Schneider/PTC $22.6bn

  • CHRW/RXO $5.8bn, McKesson/CD&R near $5bn+ deal for infusion services

Key events next 5 days · SGT

  • Fri 09 Oct
  • —TWTaiwan National Day — market closed
  • —KRKorea market closed: Hangul Day
  • —USAug factory orders
  • —USDelta Air Lines results
  • —USNetApp ex-dividend ($0.52)
  • 21:30USFed's Schmid speaks
  • 22:00USPrelim UoM Consumer Sentiment (forecast 47.5 · previous 47.8)
  • 22:00USPrelim UoM Inflation Expectations (previous 4.6%)
  • Sat 10 Oct
  • —CNMainland exchanges closed (Saturday make-up working day)
  • Mon 12 Oct
  • —KR3-Year KTB auction
  • —JPTokyo market closed: Health-Sports Day
  • —USColumbus Day: NYSE open, US bond market closed
  • Tue 13 Oct
  • —CNSep trade data (date tbc, usually Oct 13–14)
  • 19:00USBank earnings: JPMorgan (~19:00 SGT), Goldman Sachs, Wells Fargo, Citi; also BlackRock, J&J, UnitedHealth
  • Wed 14 Oct
  • —USMorgan Stanley results
  • 09:30CNSep CPI (PPI likely same day)
  • 20:30USSep CPI (cons. 3.7% y/y vs 3.4% prior)

Macro tape Fri 09 Oct 2026 09:45 SGT

Indices
Hang Seng24,024.93+1.01%
HSCEI8,084.52+0.92%
HS TECH4,109.24+0.88%
Nikkei 22568,391.69-0.94%
KOSPI2026-10-086,625.93-2.62%
TAIEX2026-10-0849,313.44-0.99%
CSI 3004,310.28-1.09%
ASX 2008,697.90+0.43%
STI5,406.45-0.12%
Euro Stoxx 502026-10-096,126.73-0.87%
FTSE 1002026-10-0810,441.60-0.16%
DAX2026-10-0924,806.97-1.18%
S&P 5007,765.36-0.47%
Nasdaq 10030,725.81-1.39%
S&P 500 fut7,825.75+0.12%
Nasdaq fut30,993.25+0.08%
VIX15.41+2.19%
Commodities
Brent103.65-0.60%
WTI91.00-0.54%
Gold4,192.30+0.85%
Copper6.62+0.74%
Bitcoin81,919.80+0.28%
FX & rates
USD/JPY157.76-0.02%
USD/CNH6.70-0.04%
USD/KRW1,342.17-0.03%
USD/TWD31.90-0.05%
DXY102.00-0.14%
US 10Y yield5.23-0.87%