Eva Daily Market Brief — Tuesday 20 October 2026

🇦🇺 AU

• XJO closed Monday at 8845.70, up 0.4% — a green start after Friday's firm finish
• Uranium faded: DYL 0.77 down 6.1%, BOE 1.33 down 1.1%, PDN 7.29 down 0.4%
• ASX opens 10am with a strong Wall Street tech lead behind it
• Watch whether the US chip rebound pulls uranium back up Tuesday

🌏 HK

• HSI 24186.83, up 0.5% Friday — Asia stood apart from the US selloff
• 9988.HK 108.80 up 2.3% led the desk names; 3690.HK 75.70 up 0.3%
• 0700.HK 417.80 flat; 1810.HK 26.66 down 1.6%
• HK reopens Tuesday into a firm US tech tape after the Monday rebound

🇺🇸 US

• SPX 7690.73 up 0.4%, Nasdaq 26430.89 up 1.1% — tech snapped back Monday
• Chips broke a nine-session losing streak as AI-credit fears eased into earnings
• SPY 766.48, QQQ 718.36, TSLA 368.06 up 3.8%, NVDA 217.09 up 1.4%
• GLD 379.69 down 0.6%, TLT 79.46 down 0.7% — no haven bid on the bounce

📊 Context

• 10-year 5.14%, VIX 18.44 down 7.8%, WTI 98.38 down 3.0% — fear drained fast
• Monday was the 39th Black Monday anniversary; buyers stepped in, no repeat
• Big earnings this week will test the AI trade again
• AUDUSD 0.7000, gold 4157, BTC near 81940 — calm across the board

🎯 Eva's Read

• Monday flipped the script: US tech bounced while AU uranium lagged
• Tuesday setup favours risk-on — ASX and HK open with a Nasdaq tailwind
• No new desk action pre-open — reassess after the first hour