MARKET DAILY

Market 10/16: Signs of 2025 Banking Crisis

US-China shifts to consolidating trade war allies

Steve Le
Steve Le

Key highlights:

  • Statements from FED officials

  • US-China seeks trade war allies

  • Bank debt crisis, liquidity risks

  • Philly FED: Production drops sharply

  • Oil inventories down, gasoline recovers

  • EU trade surplus drops sharply

  • TSMC: Q3 revenue beats expectations

  • United Airlines: Record Q4 revenue guidance

  • Market: Market flooding fears

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