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PRECIOUS-Gold hits record high, set for best month in 16 years on safe-haven rush
Gold up 12.3% so far this monthSPDR Gold Trust holdings at over three-year highSilver on track for best month since July 2020By Brijesh Patel Sept 30 (Reuters) - Gold prices hit a fresh high on Tuesday and were poised to log their best month in nearly 16 years, as fears of a potential U.S. govern...Reuters
Tue, Sep 30
Bitcoin Skeptic & Strategy’s Top Holder — Vanguard Plans to Enter Bitcoin ETF Race, Challenging BlackRock
TradingKey - Once a vocal “bitcoin skeptic” and currently the largest shareholder of Strategy (MSTR), Vanguard is taking a significant step into crypto: it plans to offer bitcoin and ether ETFs to clients.
TradingKey
Tue, Sep 30
Japan's 2-year bond yield climbs after weakest auction in 16 years
By Junko Fujita TOKYO, Sept 30 (Reuters) - Japan's two-year bond yield edged up on Tuesday after an auction witnessed the weakest demand in 16 years, as hawkish comments from the central bank stoked bets on interest rate hikes. The two-year JGB yield JP2YTN=JBTC rose 1 basis point to 0.935%, ...Reuters
Tue, Sep 30
Trump sets 10% tariff on lumber imports, 25% on cabinets and furniture
Trump order says cabinet tariffs to double to 50% on January 1Start of timber, furniture tariffs delayed two weeks until October 14Trump says timber imports threaten US production of defense materiel By David Lawder and David Shepardson WASHINGTON, Sept 29 (Reuters) - U.S. President Donald TrumpReuters
Tue, Sep 30
China factory activity shrinks again as firms watch for stimulus, US trade deal
China's manufacturing PMI remains below growth threshold at 49.8Non-manufacturing PMI slows to 50.0 from 50.3 in AugustSeparate private sector factory activity PMI at 51.2 from 50.5Overall economic impulse still points to soft underbellyMarkets waiting for clarity on trade deal with U.S. By Joe ...Reuters
Tue, Sep 30
Australia dollar pops higher as RBA takes hawkish tack
By Wayne Cole SYDNEY, Sept 30 (Reuters) - The Australian dollar popped higher on Tuesday after the country's central bank held interest rates steady as expected while sounding a hawkish note on inflation, encouraging market wagers that a near-term cut might be a close call.The Reserve Bank of...
Reuters
Tue, Sep 30
From Crypto Native to Wall Street Giant, IBIT Dethrones Deribit as Top Bitcoin Options Venue
TradingKey - BlackRock’s iShares Bitcoin Trust (IBIT) has overtaken Deribit, the long-time favorite among crypto-native traders, to become the world’s largest bitcoin options venue. As the Bitcoin-led crypto market integrates deeper into traditional Wall Street finance, institutional investor
S&P 500 Rides 5-Month Winning Streak Into the Seasonal Golden Window Q4
With only one trading day left in the third quarter, the S&P 500 is on track for its fifth consecutive monthly gain. Having weathered the historically weak Q3, Wall Street now turns to what Bank of America calls “the most wonderful time of the year for equities” — the fourth quarter.
TradingKey
Tue, Sep 30
China's NBS Manufacturing PMI rises to 49.8 in September, Non-Manufacturing PMI falls to 50
China’s official Manufacturing Purchasing Managers' Index (PMI) rose to 49.8 in September, following August’s 49.4. The reading came in above the market consensus of 49.6 in the reported month.Fxstreet
Tue, Sep 30
Trump sets 10% tariff on lumber imports, higher rates on wooden products
WASHINGTON, Sept 29 (Reuters) - U.S. President Donald Trump signed a proclamation on Monday to set a 10% tariff rate on imports of lumber and 25% on vanities, kitchen cabinets and upholstered wooden products, the White House said.Reuters
Tue, Sep 30
South Korea's Lee, outgoing Japan PM Ishiba hold talks on better ties, US trade deals
SEOUL, Sept 30 (Reuters) - South Korean President Lee Jae Myung hosts outgoing Japanese Prime Minister Shigeru Ishiba on Tuesday on a goodwill visit aimed at highlighting the two countries' commitment to improve once-frosty ties and cooperate more closely on trade.Reuters
Tue, Sep 30
EXCLUSIVE-Ford, GM launch programs to extend use of $7,500 EV lease credit
DETROIT, Sept 29 (Reuters) - Ford F.N and General Motors GM.N are racing to sign up car dealers for programs that would effectively extend the use of a $7,500 U.S. tax credit on leases of electric vehicles beyond the Tuesday expiration of the federal subsidy, according to dealers and documents.Reuters
Tue, Sep 30
Wall Street indexes climb as investors brush off government shutdown uncertainties
Sept 29 (Reuters) - Wall Street indexes closed up on Monday with the Nasdaq leading gains as investors bought heavyweight technology stocks and shrugged off the uncertainty of a potential U.S. government shutdown and hawkish remarks from Federal Reserve officials.Reuters
Tue, Sep 30
