{"id":79811,"date":"2025-11-10T19:15:57","date_gmt":"2025-11-10T08:15:57","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=79811"},"modified":"2025-11-10T19:15:58","modified_gmt":"2025-11-10T08:15:58","slug":"monday-10th-november-2025-asian-markets-rise-as-traders-cheer-prospects-of-u-s-government-funding-deal","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/monday-10th-november-2025-asian-markets-rise-as-traders-cheer-prospects-of-u-s-government-funding-deal\/","title":{"rendered":"Monday 10th November 2025: Asian Markets Rise as Traders Cheer Prospects of U.S. Government Funding Deal"},"content":{"rendered":"\n<h3><br \/>Global Markets:<\/h3>\n\n\n\n<ul>\n<li>&nbsp;Asian Stock Markets : Nikkei up 0.93%, Shanghai Composite down -0.03%, Hang Seng up 0.47% ASX up 0.62%<\/li>\n\n\n\n<li>Commodities : Gold at $4,059.90 (1.26%), Silver at $49.165 (2.13%), Brent Oil at $64.06 (0.68%), WTI Oil at $60.21 (0.68%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.134, UK 10-year yield at 4.4680, Germany 10-year yield at 2.6676<\/li>\n<\/ul>\n\n\n\n<h3>News &amp; Data:<\/h3>\n\n\n\n<ul>\n<li>(CAD) Employment Change&nbsp; 66.6k&nbsp; to -5.0K expected<\/li>\n\n\n\n<li>(CAD) Unemployment Rate&nbsp; 6.9%&nbsp; to 7.1% expected<br \/><\/li>\n<\/ul>\n\n\n\n<h3>Markets Update:<\/h3>\n\n\n\n<p>Asian stock markets are trading mostly higher on Monday, tracking the mixed cues from Wall Street on Friday, as traders welcome reports that the U.S. Senate is nearing a deal to extend government funding after a record 40-day shutdown. Regional currencies also strengthened against the U.S. dollar. Asian markets closed mostly lower on Friday.<\/p>\n\n\n\n<p>In Australia, the S&amp;P\/ASX 200 Index is up 0.64 percent to 8,826.00, led by gains in mining and technology stocks. Mineral Resources is soaring nearly 6 percent, while tech names such as Block, Zip, and WiseTech Global are rallying over 4 percent each. Gold miners are also strong, with Evolution Mining and Northern Star up more than 3 percent. Monadelphous Group and DroneShield are both surging about 9 percent on upbeat revenue forecasts and new U.S. contracts.<\/p>\n\n\n\n<p>Japan\u2019s Nikkei 225 Index is also sharply higher, rising 0.98 percent to 50,766.89 amid gains in financial and tech stocks. Advantest and Tokyo Electron are up around 3 percent each, while Mercari and Olympus are soaring over 10 percent.<\/p>\n\n\n\n<p>Elsewhere, South Korea is up nearly 3 percent, and Hong Kong, Malaysia, Indonesia, and Taiwan are higher, while Singapore is slightly lower.<\/p>\n\n\n\n<p>On Wall Street, stocks ended mixed Friday after a volatile session, with the Dow and S&amp;P 500 posting modest gains, while the Nasdaq slipped 0.2 percent.<\/p>\n\n\n\n<h3><br \/><br \/>Upcoming Events:<br \/><\/h3>\n\n\n\n<ul>\n<li>09:30 AM GMT &#8211; EUR Sentix Investor Confidence<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asian stock markets are [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":77277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[196,215,339],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/79811"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=79811"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/79811\/revisions"}],"predecessor-version":[{"id":79812,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/79811\/revisions\/79812"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/77277"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=79811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=79811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=79811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}