{"id":31401,"date":"2026-10-30T17:07:35","date_gmt":"2026-10-30T15:07:35","guid":{"rendered":"https:\/\/caledonia.es\/?p=31401"},"modified":"2026-10-30T17:07:36","modified_gmt":"2026-10-30T15:07:36","slug":"markets-weekly-30-october-2026","status":"publish","type":"post","link":"https:\/\/caledonia.es\/en\/markets-weekly-30-october-2026\/","title":{"rendered":"Markets Weekly \u2013 30 October 2026"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">A tech earnings shock dominated the week. Disappointing results and spending guidance from Alphabet, Amazon and Intel triggered a sharp selloff in AI-linked stocks, while healthcare stood out as the defensive play, led by Eli Lilly\u2019s strong Q3. The S&amp;P 500 still gained 1.27% on rotation into healthcare and energy, and the Euro Stoxx 50 rose 1.27%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The big story was Brazil: Lula\u2019s surprise fourth-term victory sent the Ibovespa down 17.5% and the dollar up more than 12% against the real, with contagion hitting Argentine bonds. Elsewhere, investors moved from tech stocks into government bonds, and yields fell across developed markets. The US 10Y eased to 4.92%. The BoJ held rates but signalled inflation has reached its 2% target for the first time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Next week: Brazil\u2019s Selic decision, Banxico, and Chile\u2019s CPI.<\/p>\n\n\n\n\t\t<div class=\"wppdfemb-frame-container-1\" style=\"-webkit-overflow-scrolling:auto;\">\n\t\t\t<iframe class=\"pdfembed-iframe nonfullscreen wppdf-emb-iframe-1\"\n\t\t\t\tsrc=\"https:\/\/caledonia.es\/en\/?pdfemb-data=eyJwZGZJRCI6MzE0MDIsInVybCI6Imh0dHBzOlwvXC9jYWxlZG9uaWEuZXNcL3dwLWNvbnRlbnRcL3VwbG9hZHNcLzIwMjZcLzEwXC9DYWxlZG9uaWEtU1YtTWFya2V0cy1XZWVrbHktMzAtMTAtMjAyNi5wZGYiLCJ0aXRsZSI6IkNhbGVkb25pYS1TVi1NYXJrZXRzLVdlZWtseS0zMC0xMC0yMDI2IiwiaW5kZXgiOjF9\"\n\t\t\t\ttitle=\"Caledonia-SV-Markets-Weekly-30-10-2026\"\t\t\t\tdata-pdf-id=\"31402\"\n\t\t\t\tdata-pdf-index=\"1\"\n\t\t\t\tstyle=\"border:none;width:100%;max-width:100%;height:100vh;\"\n\t\t\t\tscrolling=\"yes\">\n\t\t\t<\/iframe>\n\t\t<\/div>\n\n\t\t\n    <div class=\"xs_social_share_widget xs_share_url after_content \t\tmain_content  wslu-style-1 wslu-share-box-shaped wslu-fill-colored wslu-none wslu-share-horizontal wslu-theme-font-no wslu-main_content\">\n\n\t\t\n        <ul>\n\t\t\t        <\/ul>\n    <\/div> \n","protected":false},"excerpt":{"rendered":"<p>A tech earnings shock and Lula\u2019s surprise victory in Brazil defined the week. The Ibovespa fell 17.5%, while developed-market bond yields declined as investors rotated out of tech.<\/p>\n","protected":false},"author":4,"featured_media":31380,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[274],"tags":[],"class_list":["post-31401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets-weekly"],"_links":{"self":[{"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/posts\/31401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/comments?post=31401"}],"version-history":[{"count":1,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/posts\/31401\/revisions"}],"predecessor-version":[{"id":31403,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/posts\/31401\/revisions\/31403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/media\/31380"}],"wp:attachment":[{"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/media?parent=31401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/categories?post=31401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/tags?post=31401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}