Global stock markets kicked off November with gains, U.S. stock futures continued to rise, gold and silver rebounded, oil prices climbed, and Bitcoin fell nearly 3%.

``` Global stock markets continued the strong rally that began in April this year into November, as solid earnings reports from tech giants and easing trade tensions injected confidence into the markets. The MSCI World Index posted gains for the seventh time in eight sessions, while futures for all three major U.S. indices rose with some volatility. OPEC+'s decision to pause production increases pushed up oil prices. Gold rebounded near $4,020 after dropping to $3,962 during Asian trading hours. Cryptocurrencies continued to decline, with Ethereum down 4%, extending recent losses. Core Market Moves: S&P 500 futures rose 0.2%, Nasdaq 100 futures up 0.10%; Euro Stoxx 50 futures up 0.2%; Japan's 10-year government bond yield rose 1 basis point to 1.655%; Australia's 10-year bond yield rose 4 basis points to 4.34%; Spot gold rose 0.3% to $4,017.49 per ounce; spot silver's gains expanded to 1%, now at $49.058 per ounce; WTI crude rose 0.6% to $61.37 per barrel; Bitcoin fell 2.2% to $107,608.33; Ethereum fell 4% to $3,710. Asian stocks rose 0.6% on Monday, and S&P 500 futures continued to climb 0.2% after last Friday's gains, as optimism about earnings overshadowed concerns of gains being too concentrated in tech giants. European stocks are also set to open higher. Japanese markets and the U.S. Treasuries spot market were closed for holidays. Lombard Odier Singapore Senior Macro Strategist Homin Lee said, "Powell's FOMC press conference last week surprised the markets, but the backdrop of easing trade tensions and the global AI boom should keep investors upbeat into early November, with market attention shifting to U.S. private sector data releases." This week, traders will focus on a dense series of global central bank policy meetings. Policymakers in Australia, Sweden, and Brazil are expected to keep rates unchanged, while Mexico may cut rates; the Bank of England is expected not to cut rates on Thursday. Meanwhile in the U.S., the ongoing federal government shutdown continues to disrupt key economic data releases, clouding the economic outlook. Gold briefly fell to $3,960 during early Asian trading before bouncing back above $4,000 and is now near $4,020, as investors watch the impact of China, one of the world's largest gold consumption markets, ending its tax incentives policy. News: On Saturday, two departments published an announcement to cancel the long-standing gold tax incentive policy. Analysts believe this may impact consumers in one of the world’s largest gold markets. Gold surged to a record high in early October, driven by a buying spree from retail investors, but then dropped sharply in the last two weeks of that month. BullionVault Research Director Adrian Ash said: "This tax change in the largest gold consumer nation will hit global sentiment. For traders and investors hoping for a deeper pullback after last month’s surge, this may be welcome news." In oil markets, OPEC+ decided to pause production growth after another minor increase scheduled for next month, pushing WTI crude up 0.6% to $61.37 per barrel. This move comes as the market faces the prospect of oversupply, with Brent crude down 10% over the past three months. Stronger U.S. sanctions against Russia have brought uncertainty to the supply outlook for this major exporter. The cryptocurrency market continued to weaken. Bitcoin fell nearly 3%, approaching $107,000, and Ethereum dropped 4% to $3,710. Bitcoin fell almost 5% in October, ending its streak of gains in October going back to 2018. Van Eck cross-asset strategist Anna Wu pointed out that the S&P 500 "will only stop going up in the case of a major negative surprise." She said strong earnings from Apple and Amazon have been leading the market, and this strength has carried into this week, supporting overall risk sentiment. Bloomberg strategists said that after three months of relative calm, the foreign exchange market will regain focus this week, with the dollar index likely to hit a six-month high, and the yen expected to remain under pressure. The dollar index was little changed on Monday as investors await comments from Federal Reserve officials for more clues on the central bank’s policy path. Risk Warning and Disclaimer Markets are risky and investments should be made with caution. This article does not constitute personal investment advice and does not take into account the specific investment objectives, financial situation, or needs of any individual user. Users should consider whether any opinions, viewpoints, or conclusions expressed herein are appropriate for their particular circumstances. Investment decisions based on this article are made at your own risk. ```