Saturday, October 31, 2026
About  ·  Contact  ·  RSS
Forex

investingLive Americas FX news wrap 30 Oct: It’s a wrap: Nasdaq tumbles as AI costs worry investors; Fed speakers keep h

Sentiment: Neutral ⚖️
By Funded4Trading  ·  October 31, 2026  ·  1 min read  ·  1 views
Advertisement

Nasdaq suffers worst month since March 2025 as technology stocks tumbleBitcoin tests key support as Binance security fears weighWeek ahead: Elections, rate decisions and jobs take center stageEarnings next week: Can Apple, Palantir and AMD restore confidence?Fed’s Logan: At least two more quarter-point rate hikes neededCarney: Canada, EU working toward deepest possible partnership, short of accessionFed’s Daly: AI matters for near- and medium-term policyFitch on UK Budget: Policy continuity leaves a tough delivery challengeFed's Barkin: Direction of travel is straightforward for the FedCanada GDP for August 0.0% vs 0.2% estimateUS employment cost index for Q3 +0.8% vs +0.8% expectedMorning Kickstart: Tech hammered as Amazon and Intel tumble; oil rises despite peace talkinvestingLive European session wrap: AI spending fears spook tech stocks; dollar falls alongside yields, goldOctober ended with investors taking a harder look at the cost of the AI boom.

Technology led a broad stock-market decline as disappointing reactions to Amazon and Intel earnings reinforced concerns about spending, profitability and cash flow.

Strong demand remains part of the story, but investors are becoming more demanding about when that demand translates into returns.The cross-market moves were revealing.

Treasury yields declined even as several Fed officials argued for further tightening.

▸ Read Next

Why Do Most Forex Traders Lose Money?

Forex · October 30, 2026
Advertisement