Wolf Money(world market review 13-19 Oct 2025)
(Free image credit: freepik.com) Market Summary 13-19 Oct 2025 *USA* + Powell said central bank may soon end its balance sheet reduction process, marking a key shift in monetary policy ± Powell: economy may be on somewhat firmer trajectory than expected, but job market weak + Trump said his proposed 100% tariff on goods from China would not be sustainable -US economic activity little changed, employment stable in recent weeks: Fed + US retail sales excluding autos likely to increased again in Sept: Chicago Fed + US 10-year Treasury yield fell back below 4% to near 1-year lows + US govt recorded US$198bn budget surplus in Sept, vs US$80bn surplus same mth last year -US Treasuries held at NY Fed on behalf of global central banks has slumped to lowest in over a decade + US homebuilder sentiment jumped to 6-mth high in Oct amid hopes declining mortgage rates would stimulate demand + US builder confidence for newly built single-family ho...