Eurozone inflation accelerates more than anticipated in September
Eurozone inflation rose 3.8% year-on-year in September, above the 3.6% forecast, driven by prior 3.2% reading.
Eurozone inflation rose 3.8% year-on-year in September, above the 3.6% forecast, driven by prior 3.2% reading.
Hong Kong's Hang Seng Index fell up to 3% as US yield surge transmitted through the dollar peg, with financials leading losses.
Dovish Fed remarks support gold above 4,140; all eyes on US NFP data.
ECB's Olli Rehn cites energy prices and AI risks as key uncertainties for inflation and the rate outlook.
European equities opened higher as Treasury yields eased from highs, with markets awaiting the US non-farm payrolls report.
A breakdown of how CPI, PCE and PPI inflation reports each influence markets and the Fed's policy outlook.
Jim Cramer expressed concern that the Federal Reserve's recent rate hike could pressure stocks further.
US payrolls forecast at 90K, but wage data seen as more critical amid bond market inflation concerns.
Asian trading was subdued as investors awaited US payrolls, the dollar stayed firm, and Tokyo's core CPI hit a 10-month high.
Citi Research questions if the Fed needs the aggressive rate hikes markets are pricing in, despite forecasting 3.5% inflation.
Dollar index touched May 2025 high ahead of US payrolls; Asian currencies weakened despite robust regional data.
30-year TIPS yield 3.35% real, cutting stock premium to 1.65 points; Siegel says Fed needs two more hikes.
UBS says markets have overpriced Fed hikes and outlines three catalysts—disinflation, energy flows, and policy—that could steady Treasuries.
The Treasury used its full $6 billion buyback limit while the 10-year yield hit 5.342%, a 24-year high, and bitcoin traded at $84,624.
India and mainland China markets are closed Friday. Hong Kong reopens without Stock Connect as the US jobs report looms.