On Tuesday morning (7 October, 9:19 AM, GMT+7, Bangkok time), most indices in Asia Pacific increased following the second consecutive gain on Japan’s Nikkei, which saw the index hit another record high.
This came after the U.S. tech giant OpenAI had finalized a substantial agreement with Advanced Micro Devices (AMD), securing up to 6 gigawatts of the chipmaker’s advanced graphics processing units (GPUs) over several years. The multi-phase rollout—scheduled to commence in the latter half of 2026—comes as OpenAI intensifies its trillion-dollar infrastructure effort amid escalating competition in the artificial intelligence sector.
Meanwhile, markets in China, Hong Kong, and South Korea were closed for holidays.
Among major indices, Japan’s NIKKEI rose by 0.59% to 48,228.28, while Australia’s ASX 200 declined by 0.17% to 8,966.4.
The U.S. stock markets edged up on Monday as NASDAQ grew by 0.71% to 22,941.66. S&P 500 surged by 0.36% to 6,740.28, while the Dow Jones Industrial Average (DJIA) contracted by 0.14% to 46,694.97. VIX dropped by 1.68% to 16.37.
As for commodities, oil prices settled higher on Monday as OPEC+ announced a smaller-than-anticipated production increase for November, easing worries about a potential surge in supply. Despite this, expectations of sluggish demand are expected to limit further gains in the near term. Brent crude futures closed up 94 cents, or 1.46%, at $65.47 per barrel, while U.S. West Texas Intermediate (WTI) crude climbed 81 cents, or 1.33%, to settle at $61.69 a barrel.
This morning, Brent futures gained 11 cents, or 0.17%, to $65.58 a barrel, and the WTI expanded 8 cents, or 0.13%, to $61.77 per barrel.
Meanwhile, gold futures climbed by 0.1% to $3,980.4 per Troy ounce.
