News
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U.S. STOCKS ON THE MOVE-AMD, Occidental Petroleum, Tesla
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Oct 2 (Reuters) - The benchmark S&P 500 index is on track to open at a record high on Thursday, on the back of renewed expectations for interest rate cuts, while traders brace for a data...Reuters
Thu, Oct 2
IMF sees mixed global inflation picture in the face of higher tariffs
Oct 2 (Reuters) - The International Monetary Fund sees a mixed inflation picture globally as companies in the U.S. and other tariff-raising countries have so far absorbed much of the higher duties, while demand remains suppressed in major exporting countries like China, IMF spokesperson Julie Kozack...Reuters
Thu, Oct 2
Fed's Logan says US central bank must be 'very cautious' on rate cuts
Oct 2 (Reuters) - Federal Reserve Bank of Dallas President Lorie Logan on Thursday said the U.S. central bank appropriately took out some insurance against any sharp deterioration in the labor market with its interest-rate cut last month, but needs to be "cautious" with any further rate cuts...Reuters
Thu, Oct 2
TREASURIES-US yields edge higher in thin trading as shutdown halts key data
By Davide Barbuscia NEW YORK, Oct 2 (Reuters) - U.S. Treasury yields were slightly higher on Thursday amid thin volumes and a dearth of economic data caused by the U.S. government shutdown.The closure, the 15th since 1981, entered its second day on Thursday with no sign of an imminent agreement b...Reuters
Thu, Oct 2
TABLE-US light-vehicle sales volumes in Q3 2025
Oct 2 (Reuters) - The following are the U.S. light-vehicle sales volumes for Q3 2025: AUTOMAKERQ3 2025Q3 2024PCT CHNG1General Motors710,347659,6017.7%2Toyota Motor^^629,138542,87215.9%3Ford Motor545,522504,0398.2%4Honda Motor Co^^^358,848366,214-2.0%5Fiat Chrysler324,825305,2946.4%6Hyundai23...Reuters
Thu, Oct 2
US unemployment rate likely steady at 4.3% in September, Chicago Fed says
Oct 2 (Reuters) - The U.S. unemployment rate likely was 4.3% in September, unchanged from August, according to a new "real-time" estimate from the Federal Reserve Bank of Chicago published on Thursday.It was only the second time the regional Fed bank has published its new metric, which is ba...Reuters
Thu, Oct 2
Bessent expects first round of Fed chair interviews completed next week
Oct 2 (Reuters) - U.S. Treasury Secretary Bessent said on Thursday the first round of Federal Reserve chairman interviews will be completed next week and that he will present President Donald Trump with three to five strong candidates. Bessent also told CNBC in an interview that he had reached the h...Reuters
Thu, Oct 2
US layoffs fall in September but year-to-date planned hiring at lowest in 16 years
Planned layoffs drop 37% in SeptemberGovernment shutdown delays key economic reportsPolicy and technology advances influence labor market dynamics WASHINGTON, Oct 2 (Reuters) - U.S. employers announced fewer layoffs in September but hiring plans so far this year were the lowest since 2009, a repo...Reuters
Thu, Oct 2
Euro zone bonds echo firm Treasuries; US shutdown rumbles on
Bund yields ease, in line with strong TreasuriesUS private sector jobs report flags weakening labour marketUS government shutdown stirs up uncertaintyItaly set to deficit targets early, minister saysBy Amanda Cooper LONDON, Oct 2 (Reuters) - Euro zone government bond yields edged lower on Thursda...Reuters
Thu, Oct 2
USD/CNH is expected to consolidate between 7.1200 and 7.1380 – UOB Group
US Dollar (USD) is expected to consolidate between 7.1200 and 7.1380. In the longer run, for the time being, USD is likely to trade in a range between 7.1000 and 7.1480, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Oct 2
