Daily Market Insight

• Wages boost US labor costs; house price inflation picks up • Euro zone Q3 GDP growth weaker than expected • Euro zone inflation drops to lowest in over two years • Yen on intervention watch after hitting 1-year low on BOJ disappointment

• U.S. new vehicle sales forecast to rise 4% despite October strikes • German inflation eases in October to lowest level in two years • China manufacturing PMI shrinks in Oct, services growth slows • Japanese yen rises to two-week high vs dollar on talk of BOJ policy tweak

• US consumer spending exits third quarter on strong note; monthly core inflation rises • US Treasury seen boosting auction sizes as budget deficit worsens • China's Sept industrial profits extend gains helped by policy support • Dollar eases as month-end flows weigh; eyes on Fed and BOJ

• U.S. economic growth exceeds expectations despite potential threats • Mortgage rates in the U.S. hit seven-week surge • Core inflation in Japan's capital unexpectedly accelerates, BOJ in spotlight • Asia FX weakens, yen on intervention watch after breaching 150

• US new home sales scale 19-month high as median price drops • German business sentiment edges up but recession fears undimmed • South Korea's economic growth beats estimates, backing rate pause • Dollar up as risk sentiment sours, Treasury yields rise

• US business activity ticks up while euro zone gauge fans recession fears • Euro zone October PMI at near 3-year low, stirring recession worries • Japan's price trend gauge hits record, signals broadening inflation • Dollar bounces, euro heavy on US/euro zone growth outlook divergence

• Fed's hawkish stance signals extended restrictive monetary policy • German producer prices post biggest decline on record in September • Japan's core inflation slows below 3% for first time in over a year • Dollar falls as Treasury yields retreat

• US Jobless Claims Hit Nine-Month Low, Putting Pressure on Fed • US existing home sales drop to 13-year low in September • Japan CPI inflation beats estimates in Sept, core CPI remains sticky • Dollar dips on dovish Powell comments

• Foreign holdings of US Treasuries in August hit highest since December 2021 • Japan exports rise for the first time in three months • China's Q3 GDP growth, Sept activity show economic recovery gaining traction • Dollar gains as Fed, Middle East in focus

• US retail sales beat expectations in boost to third-quarter GDP growth expectations • US manufacturing output rises solidly in September • China's Q3 GDP seen slowing as Beijing races to revive growth • Dollar mixed after earlier bounce on strong US retail sales