Headlines:Crude oil falls on de-escalation hopes as focus shifts to the US General Assembly. What's next?Brent crude cools from recent highs, but $100 oil keeps bond markets on edgeUSD/JPY intervention risk grows as Japan holiday leaves yen exposed in thin liquidityGold (XAU/USD) analysis: Consolidation ahead of key talks on the Iran war at the UN General AssemblyChina holds its ground as markets eye trade truce ahead of Trump-Xi summitChina’s fifth plenum set for October 26-29 as markets watch for economic signalsFed policymaker Goolsbee warns strong demand may be fueling US inflation as rate hike outlook hardensECB inflation headache could worsen as gas prices feed through faster than beforeMarkets:Brent crude down 2.5% to $101.30US 10-year Treasury yields down 4.7 bps to 4.95%AUD leads, JPY lags on the dayGold down 0.3% to $4,362Bitcoin up 4.5% to $84,777European indices higher; S&P 500 futures up 0.7%It was an eventful start to the new week as markets continue to take in a calmer mood.With watchful eyes on the upcoming UN General Assembly, there is talk that the US could use the opportunity to try and work something out with Iran. Oil prices may have opened with a gap higher today but quickly fell back with Brent crude now dropping over 2% to $101.30 on the day.As oil prices come off the boil, we're seeing bond yields also pull back in Europe and the US. 10-year German bond yields are seen down by over 6 bps to 3.45% while 10-year Treasury yields are also down nearly 5 bps to 4.95%.The fall in yields is helping to give risk appetite a bit of a lift, as equities are pushing higher to start the new week. Major indices in Europe are off to a positive start, posting just over 1% gains in the morning session. That is helped by a better mood in US futures, underpinned by a better showing in tech shares. S&P 500 futures are up 0.7% and Nasdaq futures up 1.0%.Looking to major currencies, the dollar is trading more mixed but generally little changed overall. With Japanese markets closed, there are plenty of watchful eyes on USD/JPY with the pair trading higher just above the 157.00 level today.In other markets, gold is trading lower by 0.3% to $4,362 while Bitcoin is also making some waves in briefly touching $85,000 as it eyes a technical break to the upside. The cryptocurrency is defying the odds as it climbs to the highest since January, shrugging aside the negative setbacks from last week. This article was written by Justin Low at investinglive.com.