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S2E585: Asian stocks rally as Fed rate hike bets cool while Euro hits 17-month low

Published on 5 Oct 2026
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Market news for October 5 2026: Asian stocks rallied as Fed rate hike expectations cooled, while the euro hit a 17-month low amid French fiscal concerns. US Treasury yields held steady, oil prices eased, and Foxconn posted robust third-quarter revenue driven by strong artificial intelligence demand.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written by: Howie Lim (howielim@sph.com.sg)

Produced and edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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