top stories of 20 October
every morning: the most covered market stories of the past day. by email, on telegram and here.
Oil Slips as U.S. Waives Some New Russia Sanctions
Oil futures eased after Trump waived part of new Russia sanctions, though Middle East supply risks kept prices supported.
Futures — 2 sources
Canadian Inflation Rises to 3.1% in September on Higher Gasoline Prices
Canada's annual inflation reached 3.1% in September on a sharp jump in energy costs, while core measures slowed to a six-year low.
Economy · Inflation · Fiscal Budget · Labor — 2 sources
Brent holds near five-month high as Middle East tensions weigh on supply
Brent trades near $110 a barrel, its highest since May 20, as Houthi attacks on Saudi facilities and vessel incidents in the Gulf lift the risk premium.
Futures — 1 source
Oil slips as traders weigh possible Russia sanctions waiver and Middle East supply risks
Brent fell 0.45% to $109.06 a barrel as markets assessed a Trump order easing some Russian energy sanctions and Houthi attacks on Saudi Arabia.
Futures — 1 source
Crude closes mixed as Houthis claim new attacks on Saudi energy sites
Oil futures finished Monday mixed after Iran-aligned Houthis said they hit Saudi energy, airport and military facilities, claims Riyadh has not confirmed.
Futures — 1 source
Treasury yields climb as investors worry over US financing plans
Long-dated US Treasury yields rose again as markets weigh possible auction cuts against deficit, inflation and AI credit concerns.
Bond · Treasury Notes — 1 source
Nasdaq climbs as chip and AI-linked stocks rebound from heavy selloff
The Nasdaq Composite led Wall Street gains as investors returned to chipmakers and AI-linked shares after last week's sharp selloff, Reuters reports.
Analyst Rating — 3 sources
Roche and Hansoh agree cancer drug deal potentially worth over $15 billion
Swiss drugmaker Roche and China's Hansoh Pharmaceutical agreed a licensing collaboration on antibody-drug conjugates, with $400 million paid upfront to Hansoh.
Stock · China · Switzerland — 3 sources
Asian stocks slide and oil climbs as traders await AI earnings and Russia sanctions news
Asian equities fell while Brent rose as French unrest and a Trump order easing Russia-related sanctions kept markets cautious, Reuters reported.
Currency · Futures · IPO — 2 sources
Jio Platforms lands 8,110 crore rupees from anchor investors before IPO
Jio Platforms allotted shares worth 8,110 crore rupees to 212 anchor investors at the top of its price band ahead of its public offering.
IPO · Stock · India — 2 sources