{"id":128593,"title":"What happened overnight – Monday 27th October 2025","publisher":"Share Talk","author":"sharetalk","published":"2025-10-27T09:14:26+00:00","modified":"2025-10-27T09:14:26+00:00","canonical_url":"https://www.share-talk.com/what-happened-overnight-monday-27th-october-2025/","markdown_url":"https://www.share-talk.com/what-happened-overnight-monday-27th-october-2025.md","json_url":"https://www.share-talk.com/what-happened-overnight-monday-27th-october-2025.json","category":"Blogs","categories":["Blogs","Technology","Technology, Media & Telecoms"],"tags":["AI-focused","Asia","Asia-Pacific index","Asian market","Asian markets","Asian trading","Bank of England","Bank of Japan","Bank of New York","Beijing","bond market","Brent Crude","china","chips","currency","Dow Jones","European Union","Federal Reserve","Hong kong","India","Jakarta","Japan","JP Morgan","Manila","Nikkei","Nvidia","Russia","semiconductor","Sensex","Seoul","shanghai","Shenzhen Composite Index","Singapore","South Korea","Sydney","Taipei","Treasury yields","U.S. bond market","U.S. dollar","U.S. stocks","U.S. Treasury","US dollar","US recession","US treasuries","USA","Wall Street","Wellington","White House"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/09/overnight-1-1.webp?fit=750%2C406&quality=80&ssl=1","format":"news","language":"en-GB","content":"#### **Asian Markets Rally as US–China Trade Deal Optimism Builds**\n\nAsian stock markets surged on Monday after **Donald Trump** signalled that the **US and China** are on track to reach a **trade agreement**, boosting hopes that the current truce, due to expire on **1 November**, will be extended.\n\nUS officials also indicated that **Beijing may postpone export controls on rare earths**, following trade discussions in Malaysia over the weekend. **U.S. Treasury Secretary Scott Bessent** said both sides had drawn up a **“very substantial framework”** for a deal.\n\nJapan’s **Nikkei** led gains, jumping **2.5%** to break **50,000** for the first time. South Korea’s **Kospi** rose **2.6%** to a **record high**, while Hong Kong’s **Hang Seng** climbed **1%**, and China’s **Shanghai** and **Shenzhen** indices advanced **1.2%** and **1.5%** respectively.\n\nUS stocks surged to new **record highs** on Friday after inflation data came in slightly softer than expected, boosting hopes that the Federal Reserve may soon cut interest rates.\n\nThe **S&P 500** rose **0.8%** to close at **6,791.69**, surpassing its previous record set earlier this month. The **Dow Jones Industrial Average** gained **1%** to **47,207.12**, also a new all-time high.\n\nThe **Nasdaq Composite** climbed **1.1%** to finish at a record **23,204.87**, led by gains in major technology names.\n\n**Trump is expected to meet Xi Jinping later this week** during his Asia tour."}