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Global Daily: High Hopes

24 October 2025 5:14 RaboResearch

US and European equities closed higher yesterday, oil prices rose more than 5%, the Dollar gained, 10-year Treasury yields lifted by 5bps and Bitcoin rose slightly following news that President Trump will pardon Binance founder Changpeng Zhao. Equity markets were buoyed by an announcement from the White House that Presidents Trump and Xi will meet next Thursday on the sidelines of the APEC conference in South Korea.

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Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more