FISG Daily Market Wrap 1st October en

Tech Stocks Rebound as Oil and Treasury Yields Ease

US stock futures advanced as Micron’s stronger-than-expected outlook lifted technology shares, while Treasuries recovered some of their recent losses and the Dollar strengthened. Nasdaq 100 futures rose around 1%, while S&P 500 futures gained 0.6% following a late Wall Street selloff. Technology stocks also led gains across Asia, with Japan’s Nikkei 225 rising 2.9% and South Korea’s Kospi gaining 1.3%. Micron edged higher after forecasting stronger-than-expected results, while Alphabet gained as Google began rolling out its Gemini 4 Argon AI model. Treasuries stabilized as oil prices eased. The US 10-year yield remained near 5.28% after reaching its highest level since 2002, while the 30-year yield stood around 5.62%. Japan’s 30-year yield also climbed around 5 basis points to 4.20%, while Australian and New Zealand bonds weakened. Oil prices remained in focus as the US urged France and Germany to release emergency diesel stocks or potentially face a US diesel export ban, according to sources close to the discussions. President Trump later signalled that his appetite for restricting US diesel exports had cooled amid concerns that the move could trigger unintended price increases. US crude fell 1.4% to around $89.20 a barrel, while Brent dropped below $97 as traders continued to monitor Middle Eastern energy flows. Markets now turn to Friday’s US payrolls report, with investors watching for further clues on inflation and the outlook for Federal Reserve rate hikes. The recent rise in oil prices and elevated Treasury yields continue to keep monetary policy firmly in focus. Gold edged higher toward $4,175 an ounce, while silver gained 1.2%. In Japan, confidence among the country’s largest manufacturers rose to its highest level in more than eight years, supporting expectations that the Bank of Japan can continue raising interest rates without undermining corporate sentiment. The BOJ also reiterated that its policy focus has shifted toward preventing inflation from overshooting its target. FISG Daily Market Wrap provides a concise view of the forces moving global markets, helping investors stay informed and better prepared for what comes next. FISG — Interstellar Group