{"id":5794,"date":"2025-10-14T12:44:41","date_gmt":"2025-10-14T04:44:41","guid":{"rendered":"https:\/\/www.bis.hk\/?p=5794"},"modified":"2025-10-14T12:44:41","modified_gmt":"2025-10-14T04:44:41","slug":"a-tale-of-two-markets","status":"publish","type":"post","link":"https:\/\/www.bis.hk\/zh-cn\/a-tale-of-two-markets\/","title":{"rendered":"A Tale of Two Markets"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\"> A Tale of Two Markets \u2013\u00a0<a href=\"https:\/\/www.bis.hk\/PDF\/2025-10-13_chart.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Chart of the week<\/a><\/p>\n\n\n\n<p><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\"> The Market Place \u2013&nbsp;<a href=\"https:\/\/www.bis.hk\/PDF\/2025-10-13_marketplace.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Market Data<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Political dysfunction (shutdown) and trade escalation with China materially raised market volatility and muddied the outlook for US growth and Fed signalling.<\/li>\n\n\n\n<li>The UK is juggling the twin challenges of managing fiscal prudence (amid rising borrowing costs) and defending exposed export sectors under increasingly protectionist European trade moves.<\/li>\n\n\n\n<li>The EU rolled out the Entry\/Exit System, advanced plans to phase out Russian energy, imposed steel tariffs, and reinforced industrial policy to boost demand and supply chain resilience.<\/li>\n\n\n\n<li>Middle East ceasefire eased oil risk, China warned of tariff retaliation pressuring markets, Japan faced political uncertainty impacting yen and equities, while gold surged on Fed-cut expectations and global political-market tensions.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global markets faced heightened volatility as US political dysfunction and China trade tensions, UK fiscal uncertainty, EU energy and trade reforms, Middle East ceasefire easing oil risk, and Japan\u2019s political instability combined with rising gold, reflecting broad economic and geopolitical uncertainty.  <\/p>\n<p class=\"customLink\"><a class=\"\" href=\"https:\/\/www.bis.hk\/zh-cn\/a-tale-of-two-markets\/\">\u66f4\u591a<\/a><\/p>\n","protected":false},"author":2,"featured_media":5118,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49],"tags":[],"class_list":["post-5794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-49"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/posts\/5794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/comments?post=5794"}],"version-history":[{"count":1,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/posts\/5794\/revisions"}],"predecessor-version":[{"id":5797,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/posts\/5794\/revisions\/5797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/media\/5118"}],"wp:attachment":[{"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/media?parent=5794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/categories?post=5794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/tags?post=5794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}