US Markets 25 Oct 25

The Daylight Saving Time Ends on 02 Nov 2025.

The US market closed at a historic high.

BDI reversed to close lower from 2,069 (17 Oct) to 1,991 (24 Oct)

Harpex closed lower from 2,185 (17 Oct) to 2,182 (24 Oct)

CDFI reversed to close lower from 1,167.52 (17 Oct) to 1,135.85 (24 Oct)

CCFI reversed to close higher from 973.11 (17 Oct) to 992.74 (24 Oct)

The dollar index closed lower with an inside day on the weekly chart again.

Watch out for

• GDP and CPI data from multiple countries
• Interest rate decisions by Canada, the US, Japan and Europe.

There will be no COT update due to the US government shutdown.

Dow
Daily UT, Weekly UT
Potential resistance around 48,273

Potential support around 46,144, 44,014, 41,884

S&P
Daily UT, Weekly UT

Potential resistance around 6,987

Potential support around 6,751, 6,516, 6,280, 6,045

Nasdaq
Daily UT, Weekly UT

Potential resistance around 25,766

Potential support around 25,043, 24,321, 23,598

Russell
Daily UT, Weekly UT
Potential resistance around 2,561, 2,691

Potential support around 2,430, 2,300, 2,170, 2,040

Key event to watch out for (SG Time, GMT+8)

27 Oct, Mon

• New Zealand on holiday
• 1700 Germany Ifo Business Climate Index (Oct)
• 2030 US Durable Goods Orders (MoM) (Sep)
• 2030 US Core Durable Goods Orders (MoM) (Sep)

28 Oct, Tue

• 1300 Japan BoJ Core CPI (YoY)
• 2200 US CB Consumer Confidence (Oct)

29 Oct, Wed

• Hong Kong on holiday
• 0830 Australia CPI (YoY) (Q3)
• 2145 Canada BoC Interest Rate Decision
• 2230 US Crude Oil Inventories

30 Oct, Thu

• 0200 US FOMC Statement
• 0200 US Fed Interest Rate Decision
• 0230 US FOMC Press Conference 
• 1100 Japan BoJ Interest Rate Decision
• 1700 Germany GDP (QoQ) (Q3) 
• 1800 Europe GDP (QoQ) (Q3) 
• 2030 US GDP (QoQ) (Q3) 
• 2030 US Initial Jobless Claims
• 2100 Germany CPI (MoM) (Oct)  
• 2115 Europe ECB Interest Rate Decision (Oct)

31 Oct, Fri

• 0930 China Manufacturing PMI (Oct)
• 1500 UK Nationwide HPI (MoM) (Oct)
• 1800 Europe CPI (YoY) (Oct) 
• 1800 Europe Core CPI (YoY) (Oct) 
• 2030 US Core PCE Price Index (MoM) (Sep)
• 2030 US Core PCE Price Index (YoY) (Sep)
• 2030 Canada GDP (MoM) (Aug)
• 2030 Canada GDP (MoM) (Sep)
• 2145 US Chicago PMI (Oct)