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Russian air defence unit destroys drone heading for Moscow, mayor says
Oct 6 (Reuters) - Russia's air defence unit destroyed a drone heading for Moscow, the mayor of the capital said on Monday. Emergency services were despatched to the site where the debris fell, Mayor Sergei Sobyanin said on the Telegram messaging app.Reuters
Mon, Oct 6
Stocks
HK Movers | Gold Stocks Shine. SD Gold up 6%; Zijin Gold up over 5%; Persistence Res, Taung Gold up around 4%; Tongguan Gold, Zhaojin Mining, Chifeng Gold up over 3%
SD Gold up 6%; Zijin Gold up over 5%; Persistence Res, Taung Gold up around 4%; Tongguan Gold, Zhaojin Mining, Chifeng Gold up over 3%.Tiger News
Mon, Oct 6
Other
INSIGHT-How China waged an infowar against U.S. interests in the Philippines
China hired Philippine firm that ran fake social media accounts Accounts posted content aiming to disparage Western vaccines, Philippine maritime claims and its U.S. allianceChinese embassy gave out cash awards to prominent Filipino officials and media personalitiesBeijing says it doesn't interf...Reuters
Mon, Oct 6
Forex
Japanese Yen sinks as Takaichi's win sparks fiscal easing bets, tempers BoJ rate hike bets
The Japanese Yen (JPY) slumps across the board at the start of a new week in reaction to the outcome of Japan's ruling Liberal Democratic Party (LDP) leadership election, which positions Sanae Takaichi to become the first female Prime Minister.
Fxstreet
Mon, Oct 6
Commodities
WTI climbs above $61.50 on lower-than-expected OPEC+ output hike
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.55 during the Asian trading hours on Monday. The WTI jumps after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to raise production by a modest amount in November.
Fxstreet
Mon, Oct 6
Stocks
Australia's Symal Group hits 7-month high on $41.4 million contract
** Shares of Symal Group SYL.AX rise as much as 6.1% to A$2, their highest level since February 27** Biggest intraday pct rise since September 26** The construction firm receives an A$62.6 million ($41.35 million) contract to upgrade the Ballan Road intersection in Wyndham Vale, Australia by Victori...Reuters
Mon, Oct 6
Commodities
GRAINS-Soybeans fall for second session on supply pressure, wheat eases
Rapidly advancing U.S. harvest weighs as China remains absentWheat falls after gains driven by bargain-buying, corn firms SINGAPORE, Oct 6 (Reuters) - Chicago soybean futures lost more ground on Monday, as an advancing U.S. harvest and a lack of Chinese buying continued to weigh on the market.Cor...Reuters
Mon, Oct 6
Forex
Australian Dollar holds gains following TD-MI Inflation Gauge report release
The Australian Dollar (AUD) gains ground against the US Dollar (USD) following the release of the TD-MI Inflation Gauge data, suggesting that inflation may come in hotter than anticipated in the third quarter, despite the Reserve Bank of Australia's (RBA) efforts to keep inflation within its 2–3% ta
Fxstreet
Mon, Oct 6
Commodities
PRECIOUS-Gold sails past $3,900/oz for first time on safe-haven bids
Gold hits all-time high of $3,924.39/ozYen sinks as Takaichi win spurs bets of fiscal easingFed's Miran wants aggressive rate cutsBy Brijesh Patel Oct 6 (Reuters) - Gold surged past the $3,900-an-ounce level for the first time on Monday, driven by safe-haven demand following a fall in the yen...Reuters
Mon, Oct 6
Stocks
EMERGING MARKETS-Philippine peso turns top loser among tepid Asian currencies
Oct 6 (Reuters) - The following table shows rates for Asian currencies against the U.S. dollar at 0227 GMT. CurrencyLatest bidPrevious dayPct Move Japan yen149.850147.44-1.61 Sing dlr1.2911.2886-0.19 Taiwan dlr--30.415-- Korean won--1403-- Baht32.36032.36+0.01 Peso58.05057.891-0.27 Rupiah16585.00016...Reuters
Mon, Oct 6
Forex
FOREX-Yen, bonds selloff as Takaichi win spurs bets of fiscal easing
Takaichi set to become Japan's first female prime ministerTakaichi's policies may cause delay to BOJ's rate hike plansEuro hits strongest level against yen since single currency's creationFed funds futures imply 94.6% chance of October U.S. rate cutBy Gregor Stuart Hunter SINGAPOR...Reuters
Mon, Oct 6
Commodities
Freeport confirms all seven missing workers dead after Indonesia mine disaster
Oct 5 (Reuters) - Miner Freeport FCX.N said on Sunday that all seven workers who went missing after a mud-flow disaster at Indonesia's Grasberg copper and gold mine have been confirmed dead, following the discovery of five more bodies.Around 800,000 metric tons of wet material flooded the mine o...Reuters
Mon, Oct 6
Stocks
Australian gold stocks hit record high as bullion surges; Morningstar lifts valuations
** Australian gold sub-index .AXGD rises as much as 1.5% to record high ** Gold surged past $3,900/ounce for first time, driven by safe-haven demand amid U.S. government shutdown GOL/** Morningstar raises near-term gold price assumptions, hikes valuations for Northern Star Resources NST.AX, Evolu...Reuters
Mon, Oct 6
Cryptocurrencies
Bitcoin Steadies After Rally – Is Another Powerful Breakout Just Ahead?
Bitcoin price started a strong increase and traded above $124,000. BTC is now consolidating gains and might aim for a fresh rally in the short term. Bitcoin started a major increase above the $123,500 zone. The price is trading above $122,000 and the 100 hourly Simple moving average. There is a shor...NewsBTC
Mon, Oct 6
Commodities
METALS-Copper hits more than 16-month high on supply worries
By Brijesh Patel Oct 6 (Reuters) - Copper rose to a more than 16-month high on Monday, supported by concerns about supply from top producer Chile and major supplier Indonesia.Three-month copper on the London Metal Exchange CMCU3 was up 0.7% at $10,792 per metric ton by 0147 GMT, hitting its highe...Reuters
Mon, Oct 6
Other
Trump seeks Texas National Guard deployments to Illinois, Oregon, other locations, Illinois Gov. says
Oct 5 (Reuters) - Illinois Governor JB Pritzker said on Sunday that President Donald Trump was "ordering 400 members of the Texas National Guard for deployments to Illinois, Oregon, and other locations within the United States." In a social media post, Pritzker called on Texas Governor Greg ...Reuters
Mon, Oct 6
Stocks
Is IonQ a Buy?
Quantum computing holds a lot of promise to impact fields such as climate science, pharmaceuticals, artificial intelligence (AI) modeling, and much more. Many investors are keen on getting in on the ground floor of new tech trends because, as artificial intelligence stocks have proven, buying earlyThe Motley Fool
Mon, Oct 6
Stocks
24H | Plug Power Gains 9%; Archer Aviation, UiPath Soar 8% Each; Quantum Shares Rally With SEALSQ, QUBT up over 3%
Plug Power stock soared about 9% in overnight trading after the country's largest producer of clean hydrogen got a new highest price target on Wall Street. H.C. Wainwright analysts raised their price target on Plug Power to $7 from $3 and kept a Buy rating on the shares on Friday, pointing to rising...Tiger News
Mon, Oct 6
Commodities
Gold edges higher to record high above $3,900 as US shutdown continues
Gold Price (XAU/USD ) attracts some buyers to a fresh record high around $3,920 during the early Asian session on Monday. Uncertainty surrounding a US government shutdown and expectations of the Federal Reserve (Fed) interest rate cuts support the precious metal.
Fxstreet
Mon, Oct 6
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