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European Morning Brief · Wednesday 7 October 2026

The Trade Academy Team

Oct 7

1 min read

Wall Street extends its records — as India joins the tightening wave
The S&P 500 and the Nasdaq closed at fresh records on Tuesday as Treasury yields and oil eased, and Europe rose for a third session. Overnight the Reserve Bank of India raised rates for the first time since 2023, adding another economy to a global tightening cycle, while oil climbed again as the first Atlantic hurricane of the season threatens the US Gulf Coast and fighting between Saudi Arabia and the Houthis escalates. In Paris, the government is prepared to bypass parliament to force through billions in cuts. Tonight's Fed minutes are the day's main event. — Wall Street extends its records — as India joins the tightening wave

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