US-China Trade Tensions, Gold’s Surge, and Crypto Liquidations: PALvatar Market Recap, October 14 2025

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1:34of the real Raoul. With that said, this is what I've compiled for you today. There's a risk-off sentiment in global markets today as a tit-for-tat between the US and China ratchets up. Both countries announced new fees on cargo vessels, dampening hopes for a quick resolution to their ongoing trade conflict. US Treasury Secretary Scott Besant said the meeting between Presidents Trump and Xi, scheduled for the end of the month, was still going ahead, but accused Beijing of dragging the world economy down with it in an interview with the Financial Times. The Nikkei closed 2.5 % lower, as did the Shenzhen composite.

2:12European stocks are trading down midway through the trading day, and US futures are pointing to a pullback from Monday's rally. Gold has hit yet another record of around$4 ,180, and shortages in London caused spot silver prices to spike to around$53.50. cents. The dollar gained against the pound and the Aussie, while the yen strengthened against the greenback. Oil prices fell after a new report from OPEC said global supply would closely match demand next year, instead of falling short as predicted last month. Investors are awaiting a speech by Jerome Powell today, the last scheduled one before the Federal Reserve meets later this month.

2:52In economic data releases, Germany's consumer price inflation rose to 2.4 % year-on-year for September, up from 2.2 % in August. This aligned with estimates and marked the fastest pace of inflation this year. The increase was driven by rising service costs while energy prices continued their decline at a slower rate. Meanwhile, the UK job market has begun to stabilise. Regular pay growth slowed to 4.7%, the lowest since 2022, and unemployment increased to 4.8%, the highest since May 2021. But Reuters says the trend appears to be bottoming out. The crypto market is still nursing its wounds after Friday's crash, which saw the price of Bitcoin have its first ever$20 ,000 daily candle.

3:40Coindesk cites coin glass data showing another$650 million in liquidations in the past 24 hours, and ETH ETFs suffered their biggest daily outflows in five weeks yesterday, with nearly$430 million leaving the market. Meanwhile, the portal to claim the highly anticipated Monad airdrop has opened to users. Make sure to follow the guidelines from official accounts only if you want to participate. Beware of scammers. Thanks for listening. I'll see you again tomorrow. Take care.