Asian Markets Surge on Earnings; US-China Trade Talks in Focus
Key Takeaways
- Markets eye US-China trade talks, CPI, PMI, and key earnings this week.
- Asian markets surged on earnings and US Federal Reserve rate cut hopes.
- Segue Group's H1 2025 sales hit ¥10,000M, with record gross and operating profit.
- Winvia Entertainment plans £40M London IPO on AIM for acquisitions.
- US, India copper demand to surge; China's growth decelerates over next decade.
Top Stories
Markets eye US-China trade talks, CPI, PMI, and key earnings.
During the week of October 19, 2025, markets are focused on US-China trade negotiations and economic data releases. Corporate earnings from Tesla, Netflix, GM, Intel, and Ford are also anticipated.
Asian markets surge on earnings, US rate cut hopes.
On October 20, 2025, Asian share markets rose, led by Japan's Nikkei, amid optimism about corporate earnings and expectations of U.S. Federal Reserve rate cuts.
Segue Group's H1 2025 sales and profit hit record highs.
On October 20, 2025, Segue Group (TYO:3968) reported record-high sales of ¥10,000 million, gross profit of ¥2,558 million, and operating profit of ¥685 million for H1 2025, driven by the VAD business.
Winvia Entertainment plans £40M London IPO for acquisitions.
On October 20, 2025, Winvia Entertainment PLC announced plans to IPO on the London Stock Exchange's AIM market in early November 2025, seeking to raise £40 million.
US, India copper demand to surge; China's growth decelerates.
On October 20, 2025, a report indicates that copper demand in the United States and India is set to increase over the next decade as China's growth slows.
Analyst's Take
JPMorgan: US earnings to lead eurozone in Q3, tech drives growth.
On October 20, 2025, JPMorgan strategists projected that U.S. corporate earnings would lead those in the eurozone for Q3 2025, with the S&P 500 expected to grow 6% year-on-year.
JPMorgan starts Allient Inc. (ALNT) coverage at Neutral, $60 target.
On October 20, 2025, JPMorgan initiated coverage of Allient Inc. (NASDAQ:ALNT) with a 'Neutral' rating and a target price of $60.00.
Analysts upgrade Palo Alto, AMD, NVIDIA, T-Mobile, and Deere.
During the week ending October 19, 2025, Wall Street analysts upgraded Palo Alto Networks, AMD, NVIDIA, T-Mobile, and Deere, citing factors like cloud growth, OpenAI deal, datacenter revenue, spectrum advantages, and anticipated rebound.
AI stocks: NVIDIA, Samsung, AMD, ASML get bullish analyst notes.
On October 19, 2025, analysts presented key forecasts for AI-related stocks, including HSBC upgrading NVIDIA to Buy with a $320 target and Wolfe Research upgrading AMD to Outperform with a $300 target.
BofA: Stablecoins won't significantly boost RMB internationalization.
As of October 19, 2025, Bank of America analysts concluded that stablecoins are unlikely to be a significant driver for the internationalization of China's Renminbi (RMB).
Investment Radar
Neinor Homes increases green bond to €325M for AEDAS acquisition.
On October 20, 2025, Neinor Homes expanded its existing green bond by 100 million euros, reaching a total of €325 million, to finance the acquisition of AEDAS Homes and green projects.
Starboard Value to discuss changes at Tripadvisor, holds 9% stake.
On 2025-10-21, activist investor Starboard Value plans to address the need for changes at Tripadvisor, where it holds a 9% stake, during the 13D Monitor Active Passive Investment Summit in New York.
Marfrig shares plunge 37.5% after InvestingPro's overvaluation alert.
On October 19, 2025, Marfrig shares fell 37.5% following an overvaluation alert issued by InvestingPro in May 2025, aligning with the calculated fair price.
Kingsoft Cloud drops 40% after InvestingPro's overvaluation warning.
On October 19, 2025, Kingsoft Cloud (NASDAQ:KC) shares dropped approximately 40% over eight months following an overvaluation alert issued by InvestingPro on February 23, 2025.
Vivara shares jump 55% after Investing.com flags undervaluation.
Investing.com's Fair Value model validated its effectiveness by identifying Brazilian jeweler Vivara (VIVA3) as undervalued in February 2025, leading to a 55% return by October 2025.
Market Outlook
Global markets face tech euphoria, political risks, trade tensions.
For the week of October 20, 2025, global markets face a mix of tech euphoria, political risks in France and the U.S., trade tensions with China, and the crucial corporate earnings season.
Market Snapshot
Australian stocks rise, financials and IT sectors lead gains.
On October 20, 2025, Australian stocks closed higher, with the S&P/ASX 200 index rising 0.41%, led by the Financials, A-REITs, and IT sectors.
Plus500 Q3 revenue dips 2.5%, EBITDA rises with margin at 45%.
On October 20, 2025, Plus500 reported Q3 2025 revenue of $182.7 million, a 2.5% year-over-year decrease, but EBITDA increased slightly to $82.7 million with a 45% margin.
European stocks poised to open higher on easing US-China tensions.
European stock markets are expected to open positively on Monday, October 20, 2025, as tensions between the U.S. and China ease, boosting global sentiment.
HDFC Bank ADR Q3 EPS matches, revenue misses; stock down.
On October 19, 2025, HDFC Bank ADR reported third quarter earnings with EPS at $0.38, matching estimates, and revenue of $4.95 billion, slightly below expectations, causing the stock to decline.
Nikkei jumps 2.9% on coalition; Tesla, Ford, GM earnings eyed.
On October 20, 2025, the Nikkei surged 2.9% following the Liberal Democratic Party's coalition with the Japan Innovation Party, while key companies like Tesla, Ford, and GM are set to release earnings.
Asia's economic data: NZ inflation, China GDP, PBOC rate decision.
On October 20, 2025, Asia's economic calendar includes New Zealand's Q3 inflation data, China's September economic activity and Q3 GDP data, and the People's Bank of China's rate setting.
Bank Indonesia likely to cut rate to 4.50% amid growth concerns.
On October 22, 2025, Bank Indonesia is expected to cut its key interest rate by 25 basis points to 4.50% in its fourth consecutive reduction to support economic growth.
ICICI Bank ADR Q2 EPS and revenue fall short; stock dips.
On October 19, 2025, ICICI Bank ADR announced its Q2 results, reporting EPS of $0.38 and revenue of $3.26B, both slightly below analyst expectations.
Saudi stock market dips slightly, consumer and telecom sectors down.
On October 19, 2025, Saudi Arabia's stock market closed lower, with the Tadawul All Share index down by 0.05%, influenced by losses in the Consumer Durables & Apparel, Food and Beverages, and Telecommunication services sectors.