PRESS DIGEST- Wall Street Journal - October 6
Oct 6 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- OPEC+ agreed to raise oil output by 137,000 barrels per day in November, matching October's increase, as the Saudi-led group seeks to maximize revenue without triggering a price crash.
- A federal judge in Oregon temporarily blocked the Trump administration's deployment of any National Guard troops under its control within the state in an emergency hearing on Sunday night.
- U.S. President Donald Trump praised a Kremlin proposal to extend by one year the limits on long-range nuclear weapons that would preserve the last major U.S.-Russia arms-control pact.
- Delegations from the U.S., Israel, Hamas, and Middle Eastern countries will meet in Cairo on Monday to negotiate a potential Gaza cease-fire and hostage release.
- President Trump on Saturday pushed forward with plans to deploy 300 federalized Illinois National Guard members to Democrat-led cities, despite Gov. JB Pritzker's objections.
Related Articles
UK August GDP: Economy & Assets—Set to Collapse?
TradingKey - The UK is scheduled to release its August GDP figures on 16 October, with the market widely anticipating a 0.1% month-on-month increase in real GDP (Figure 1). If this expectation is fulfilled, it will represent the UK economy’s third consecutive month of recovery, following two straigh
U.S. Banks Q3 Earnings Preview: Big 5 Banks See Double-Digit EPS Growth, Investment Banking Hits 4-Year High
TradingKey - The 2025 U.S. earnings season kicks off this week with results from major banks. Amid elevated investor sentiment and the Trump administration pushing for deregulation, analysts expect another strong quarter for the banking sector — driven by booming trading activity and a resurgence
U.S.–China Tariff Easing Sparks Crypto Rebound — Can Bitcoin Reclaim Its Peak?
The U.S. signals a softer stance on tariffs, helping Bitcoin reverse losses. Rate cut expectations may push BTC back toward $126,000.
FOMC October Meeting Minutes: How Should Investors Respond?
In the context of the U.S. government shutdown and a period of limited economic data, the Federal Reserve’s release of its latest monetary policy meeting minutes and officials’ statements on 8 October will be particularly significant.
Broadcom Q3 FY2025 Earnings Review: AI Surge and VMware Synergy Fuel Record Performance
TradingKey - Broadcom Inc. (NASDAQ: AVGO) delivered a strong fiscal Q3 2025, with results driven by AI networking strength and continued VMware integration. Revenue and EPS both topped expectations, reinforcing the company’s role as an essential player in the AI infrastructure buildout.
