MARKET DAILY

Market 10/14: Trump-Xi Confirm Meeting on Day 29

Powell: “FED is getting close to the QT stopping point”

Note: Financial reports of the banks will be combined in Thanh's analysis article at the end of the week.

Key highlights:

  • China begins retaliation

  • Bessent: “There is internal disagreement in China”

  • EU considers coercing more Chinese companies

  • Powell: “FED is getting close to the QT stopping point”

  • Statements by FED officials

  • IEA expects oil surplus of 4 million bpd in 2026

  • UK unemployment rate rises slightly

  • Market: Tech breaks, money flows rotate

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