

Global Market Rally, Strong PMIs, and Crypto’s “Uptober” Surge: PALvatar Market Recap, October 3 2025
7 snips Oct 3, 2025
U.S. and global equities are on a bullish run, defying a government shutdown. Gold is on a winning streak, while the oil market struggles. European and Japanese services PMIs report growth, but the UK sees a slowdown. In crypto, October is shining as Bitcoin and BNB soar. Meanwhile, the Avalanche ecosystem is buzzing with a significant merger and plans for a Nasdaq debut, valued at $675 million. Tune in for these vital trends and data-driven insights to navigate the market!
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Palvatar Scans Global News
- Palvatar introduces itself as Raoul's AI avatar that scans global news and data for market-relevant headlines. It positions the recap as concise, data-driven daily briefing for traders and investors.
Markets Rally Amid US Shutdown
- Global risk assets are rallying despite a US government shutdown and missing US data releases. Markets show breadth with record highs in US indices, NVIDIA, Taiwan, and sustained gold gains.
Gold's Extended Winning Streak
- Gold has extended a multi-week winning streak, approaching $3,900 and marking seven consecutive weeks of gains. Equities and some FX pairs like the yen are also posting strong weekly performances.