Global markets rebound on Fed dovish pivot and bank earnings

Global equities rallied midweek as dovish cues from the U.S. Fed reignited rate-cut expectations, while strong bank earnings reinforced investor confidence. Asian and Gulf markets surged on optimism, with financials and growth names leading. Currency markets reacted, pushing the dollar lower and boosting risk assets globally. The combined macro and earnings backdrop revived momentum after prior weakness. Watch moves in China, rates, and flow direction. Source URL: https://www.reuters.com/world/china/global-markets-wrapup-1-2025-10-15/