Globálny rast, ropa a dlhopisy pod tlakom

WORLD

• Bond yields on global markets hit the highest levels since 2022. Yields in the USA, Germany, and Slovakia are rising, while the Czech yield remains slightly below its historic high.
• Gold and silver prices weakened, as the market watches inflation data and a potential Fed move in December. The precious metals market is less affected by an immediate Fed move and more by expectations of whether Wednesday’s inflation data will revive the path to a December interest rate hike.

EUROPE

• The EU and China have preliminarily agreed to limit the export of hybrid cars and facilitate licenses for rare earths on October 9, 2026. Brussels, however, expresses concern that this agreement may weaken pressure on China in the area of trade policy.

SLOVAKIA

• MP Marián Viskupič warned of rapidly growing state debt and exhaustion of fiscal space. The government plans a deficit of 4.94 percent of GDP with gradual reduction.

GOLD

• Kazakhstan has begun selling gold from its reserves. The National Bank of Kazakhstan plans to reduce the share of gold in reserves from 78 percent to 75 percent, despite expectations of a slight increase in the price of gold.
• Spot gold fell to around USD 4,156. Weak consumer sentiment and labor market data would normally support the rise in the price of gold, but persistent inflation, a strong dollar, and high bond yields above 5 percent are complicating it.

STOCKS

• Broadcom and Intel CEOs warned of a possible brake on the boom in artificial intelligence in the form of a lack of capital. Nevertheless, they do not expect a significant slowdown in the short term, as demand for computing infrastructure exceeds supply.
• The American bull market has lasted four years and the S&P 500 index is near records. However, market breadth is deteriorating and a Deutsche Bank strategist considers the rotation into the technology sector to be excessive.
• Meta claims its Wonder Full model leads compared to competing models, but an independent ranking gives first place to Opus 5.5. Meta released the Muse Wonder and Muse Wonder Full models, which outperform GPT-6 Astra and Claude Opus 5.5 in its own tests.
• DeFi Development is buying Solana and its CHAD shares have reached a record. SOL is, however, 62 percent below its peak.

CRYPTO

• The crypto market fear and greed index fell to a neutral 56 points on October 12, 2026. This decline signals a change in investor sentiment, as Bitcoin faces pressure from macroeconomic factors and outflows from ETFs.
• Standard Chartered has launched custody of the RLUSD stablecoin on the XRP Ledger. The use of the token as collateral at LMAX is conditional on documentation, testing, and regulatory approvals.

Translated from the Slovak original and checked automatically: every figure must match the source, or this version is not published.