October 7, 2025 \u2014 Global markets on Monday were dominated by two key events: the sudden resignation of France\u2019s Prime Minister, which sparked a political crisis, and a blockbuster deal between AMD and OpenAI that fueled a rally in tech stocks. European markets suffered a sharp selloff in both equities and bonds, with France\u2019s CAC 40 Index dropping more than 2% intraday. In contrast, U.S. tech shares surged, led by AMD\u2019s nearly 40% jump, while safe-haven demand sent gold prices to record highs above $3,940.<\/p>\n\n\n\n
Europe: French Political Turmoil Becomes the Latest Black Swan<\/p>\n\n\n\n
French Prime Minister Gabriel Attal resigned just three weeks after taking office, marking the fifth change in leadership in less than two years. The move signaled a breakdown in President Macron\u2019s efforts to push through the 2026 budget plan and deepened political gridlock.<\/p>\n\n\n\n
The CAC 40 Index slid as much as 2.1%, with bank stocks leading the decline. Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, Cr\u00e9dit Agricole, and BNP Paribas all dropped sharply.<\/p>\n\n\n\n
France\u2019s 10-year government bond yield jumped 11 basis points to 3.61%, while the yield spread between French and German 10-year bonds widened to 89 basis points \u2014 the highest since January.<\/p>\n\n\n\n
The euro fell about 0.8% against the dollar to 1.1675, a one-week low.<\/p>\n\n\n\n
U.S. Market: Tech Stocks Take the Lead, AMD Steals the Show<\/p>\n\n\n\n
The S&P 500 and Nasdaq opened higher, while the Dow turned negative. If the rally holds, the S&P 500 will log its seventh consecutive gain.<\/p>\n\n\n\n
AMD shares soared as much as 37.7% at the open before paring gains to below 30%. The company announced a major deal with OpenAI involving up to 6GW of computing power in chips.<\/p>\n\n\n\n
Nvidia initially fell 2.3% but later trimmed losses to about 1%. The Philadelphia Semiconductor Index gained more than 4.5% in early trading.<\/p>\n\n\n\n
Explosive AI computing demand and OpenAI\u2019s $500 billion valuation boosted sentiment across the AI supply chain.<\/p>\n\n\n\n
Asia-Pacific: \u201cSanae Takaichi Trade\u201d Dominates Japanese Assets<\/p>\n\n\n\n
Sanae Takaichi\u2019s victory in the Liberal Democratic Party leadership race raised expectations of a return to \u201cAbenomics.\u201d Markets are betting that the Bank of Japan is less likely to raise rates this month.<\/p>\n\n\n\n
The Nikkei 225 Index jumped 4.8%, hitting a record high.<\/p>\n\n\n\n
The U.S. dollar rose 2% against the yen to 150.50, the highest since early August.<\/p>\n\n\n\n
Japan\u2019s 10-year government bond yield climbed to 1.70%, the highest since 2008, while the 30-year yield hit an all-time high of 3.30%.<\/p>\n\n\n\n
Commodities: Safe-Haven Demand Lifts Gold<\/p>\n\n\n\n
Gold performance: Spot gold surged past $3,940 per ounce, up 1.38% on the day and more than 50% year-to-date.<\/p>\n\n\n\n
Drivers: Ongoing geopolitical risks (French political turmoil) combined with continued expectations of monetary easing supported gold prices.<\/p>\n\n\n\n
Today\u2019s focus<\/p>\n\n\n\n
Fed\u2019s Bostic speaks on the economic outlook<\/p>\n\n\n\n
Fed Governor Milan participates in a fireside chat<\/p>\n\n\n\n
Fed\u2019s Kashkari gives remarks<\/p>\n\n\n\n
Germany\u2019s August industrial production (MoM, seasonally adjusted)<\/p>\n\n\n\n
U.S. EIA crude oil inventories for the week ending October 3<\/p>\n\n\n\n
Developments in the French political crisis<\/p>\n\n\n\n
Progress of the U.S. government shutdown (Day 7)<\/p>","protected":false},"excerpt":{"rendered":"
October 7, 2025 \u2014 Global markets on Monday were dominated by two key events: the sudden resignation of France\u2019s Prime Minister, which sparked a political crisis, and a blockbuster deal between AMD and OpenAI that fueled a rally in tech stocks. European markets suffered a sharp selloff in both equities and bonds, with France\u2019s CAC […]<\/p>\n","protected":false},"author":4,"featured_media":2506,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[8],"tags":[],"class_list":["post-2505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/posts\/2505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/comments?post=2505"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/posts\/2505\/revisions"}],"predecessor-version":[{"id":2507,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/posts\/2505\/revisions\/2507"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/media\/2506"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/media?parent=2505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/categories?post=2505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/tags?post=2505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}