# US Futures Rise as Bank of America and Morgan Stanley Deliver Strong Earnings Amid Ongoing Market Volatility
**Note**: This analysis is generated during US premarket, markets closed but futures trading. Event times in US Eastern Time.
## Major News
Global markets exhibited mixed sentiments today, buoyed by strong earnings from major banks while navigating geopolitical tensions. U.S. futures showed positive momentum, with S&P 500 Futures up 0.55%, Dow Futures rising 0.39%, and Nasdaq Futures increasing by 0.74%. Bank of America reported a 23% profit increase, driven by a 43% surge in investment banking revenue, while Morgan Stanley also posted significant earnings, benefiting from favorable market conditions.
In Europe, the Euro Stoxx 50 gained 1.05%, reflecting optimism, while the DAX and FTSE 100 faced slight declines, down 0.09% and 0.35%, respectively. The CAC 40 rose 0.87%. The Nikkei in Japan climbed 1.45%, indicating a positive outlook in Asian markets.
Geopolitical tensions were highlighted by Treasury Secretary Scott Bessent’s comments reaffirming U.S. resolve against China despite market volatility, and President Trump’s threats of a cooking oil embargo in retaliation for China’s soybean purchasing decisions. Additionally, ASML reported booming orders for AI-driven chip-making machines, signaling robust demand in the tech sector. Overall, market sentiment appears cautiously optimistic amid strong earnings and ongoing geopolitical
## Performances
### US Futures
US futures indicate opening sign for cash market.
| Future | Price | Daily Change (%) |
|---|---|---|
| S&P 500 Futures | 6735.75 | 0.55 |
| Dow Futures | 46742.00 | 0.39 |
| Nasdaq Futures | 24999.25 | 0.74 |
### FX Performance
| Currency Pair | Price | Daily Change (%) |
|---|---|---|
| EUR/USD | 1.16 | 0.16 |
| USD/JPY | 151.54 | -0.17 |
| GBP/USD | 1.33 | 0.23 |
| USD/CHF | 0.80 | -0.09 |
| USD/CAD | 1.40 | 0.04 |
| AUD/USD | 0.65 | 0.32 |
| NZD/USD | 0.57 | 0.10 |
## High-Importance Economic Events
On October 15, 2025, several significant economic events are poised to influence currency markets.
At 00:30 ET, Japan’s industrial production data for August showed a sharper decline than expected, with a monthly change of -1.5% against a forecast of -1.2%. This unexpected drop may exert downward pressure on the JPY as it reflects ongoing economic challenges.
In Europe, the release of Spanish CPI at 03:00 ET revealed a YoY increase of 3.0%, surpassing the forecast of 2.9%. This could bolster the EUR, signaling stronger inflationary pressures in the Eurozone. Concurrently, French CPI and HICP figures, both reported at 02:45 ET, aligned with expectations at -1.0% and -1.1%, respectively, suggesting stable inflation trends in France.
The NY Empire State Manufacturing Index, released at 08:30 ET, reported a significant surprise at 10.70, compared to a forecast of -1.80. This positive data could strengthen the USD as it indicates robust manufacturing sentiment.
Additionally, the API Weekly Crude Oil Stock report at 16:30 ET will provide insights into energy sector dynamics, potentially impacting the USD
| Date | Time | Cur | Imp | Event | Actual | Forecast |
|---|---|---|---|---|---|---|
| 2025-10-15 | 00:30 | 🇯🇵 | Medium | Industrial Production (MoM) (Aug) | -1.5% | -1.2% |
| 2025-10-15 | 02:00 | Medium | CPI (MoM) (Sep) | 0.0% | 0.0% | |
| 2025-10-15 | 02:00 | Medium | CPI (YoY) (Sep) | 0.9% | 0.9% | |
| 2025-10-15 | 02:45 | 🇪🇺 | Medium | French CPI (MoM) (Sep) | -1.0% | -1.0% |
| 2025-10-15 | 02:45 | 🇪🇺 | Medium | French HICP (MoM) (Sep) | -1.1% | -1.1% |
| 2025-10-15 | 03:00 | 🇪🇺 | Medium | Spanish CPI (YoY) (Sep) | 3.0% | 2.9% |
| 2025-10-15 | 03:00 | 🇪🇺 | Medium | Spanish HICP (YoY) (Sep) | 3.0% | 3.0% |
| 2025-10-15 | 03:40 | 🇪🇺 | Medium | ECB’s De Guindos Speaks | ||
| 2025-10-15 | 04:00 | 🇬🇧 | Medium | MPC Member Ramsden Speaks | ||
| 2025-10-15 | 04:00 | 🇪🇺 | Medium | German Buba Vice President Buch Speaks | ||
| 2025-10-15 | 05:00 | 🇨🇳 | Medium | New Loans (Sep) | 1,290.0B | 1,460.0B |
| 2025-10-15 | 05:00 | 🇪🇺 | Medium | Industrial Production (MoM) (Aug) | -1.2% | -1.6% |
| 2025-10-15 | 07:30 | 🇮🇳 | Medium | RBI MPC Meeting Minutes | ||
| 2025-10-15 | 08:00 | 🇧🇷 | Medium | Retail Sales (YoY) (Aug) | 0.4% | |
| 2025-10-15 | 08:00 | 🇧🇷 | Medium | Retail Sales (MoM) (Aug) | 0.2% | 0.2% |
| 2025-10-15 | 08:30 | 🇺🇸 | Medium | NY Empire State Manufacturing Index (Oct) | 10.70 | -1.80 |
| 2025-10-15 | 08:30 | 🇨🇦 | Medium | Wholesale Sales (MoM) (Aug) | -1.2% | -1.3% |
| 2025-10-15 | 12:10 | 🇺🇸 | Medium | FOMC Member Bostic Speaks | ||
| 2025-10-15 | 13:00 | 🇺🇸 | Medium | Fed Waller Speaks | ||
| 2025-10-15 | 14:00 | 🇺🇸 | Medium | Beige Book | ||
| 2025-10-15 | 14:00 | 🇪🇺 | Medium | ECB’s De Guindos Speaks | ||
| 2025-10-15 | 16:30 | 🇺🇸 | Medium | API Weekly Crude Oil Stock | 0.120M | |
| 2025-10-15 | 17:50 | 🇦🇺 | Medium | RBA Assist Gov Kent Speaks | ||
| 2025-10-15 | 20:30 | 🇦🇺 | Medium | Employment Change (Sep) | 20.5K | |
| 2025-10-15 | 20:30 | 🇦🇺 | Medium | Full Employment Change (Sep) | ||
| 2025-10-15 | 20:30 | 🇦🇺 | Medium | Unemployment Rate (Sep) | 4.3% |
