Silver futures fell to their lowest level since November 2025, extending the precious metal selloff. The US may remove tariffs on certain Canadian agricultural products.

J.P. Morgan Asset Management has expanded its money market funds MONY and JLTXX to Solana. Eligible U.S. investors can now manage subscriptions, redemptions, and token balances through the Morgan Money platform. Both funds were previously available on Ethereum.

South Korea plans to amend the Foreign Exchange Transactions Act this year so stablecoins fall under currency rules as payment tools, per a Bank of Korea report for the National Assembly audit. A related clause takes effect December 3, requiring cross border crypto transfers to be registered and reported. The Financial Services Commission says Digital Asset Basic Act talks are in their final stage.

Stock markets fell sharply this week, weighed down by mixed corporate earnings, growing skepticism toward AI-related stocks and another surge in oil prices fueled by repeated attacks in the Persian... -October 23, 2026 at 05:07 pm EDT - MarketScreener

The UK Financial Conduct Authority is consulting on draft guidance published Oct. 21 that could require crypto apps to obtain authorization when software picks trading venues or execution routes. DeFi aggregators comparing liquidity and prices may fall under arranging crypto deals rules effective Oct. 25, 2027. Responses are due Nov. 18 and final guidance is targeted for spring 2027.

Swiss regulator FINMA approved the country's first domestic spot Bitcoin ETF under Swiss fund law. Disclosed October 20, the alternative fund includes custody safeguards and investor disclosures. FINMA allowed an exception to risk-diversification rules, citing Bitcoin's long trading history and liquidity, but warns market risk remains very high. Investors should review fees and custody.

Consumer Staples Select Sector SPDR Fund gained 11% in October, its best month since 1998, while tech fell 6.9%. Walmart rose about 15%. Meta reported negative free cash flow of $2.12 billion, its first cash burn since its 2012 IPO. Meta's shares fell nearly 7% on Thursday. General Motors shares dropped over 10% this week, the worst since March 2023.

Earnings per share: 84 cents. Revenue: $74.1 million.

QatarEnergy and Cheniere Energy announced a deal for Qatar to buy US natural gas. The agreement arrives as the Iran war redraws global energy markets.