Daily Market Insight

• The Fed remains divided over a potential December rate cut • White House says Trump hopes to sign bill Wednesday night to end shutdown • Hassett opens to Fed chair, backs rate cut • Japan finance chief warns as yen nears 155 • Dollar steadies ahead of house vote on government shutdown

• ADP report shows US firms cut jobs in late October • German investor confidence slides, clouding recovery hopes • UK unemployment rose in September, but wage growth slowed • Thailand opens door to US corn under its zero-tariff pledge • Dollar slips after weak ADP jobs data

• US government shutdown shows progress • US formally delays affiliates rule for one year in US-China pact • Fed policymakers divided over need for more rate cuts • Euro zone investor morale worsens further than expected • Dollar falls on optimism over potential end of government shutdown

• US Consumer Sentiment declines to near lowest on record • US household debt hits a new record, NY Fed finds • UK house price growth hits new high for 2025 • China consumer prices exceeded market expectation in October • Dollar edged up slightly, keeping eyes on shifting policies and weakening consumer confidence

• Fed right to cut rates to support job market • Euro zone retail sales unexpectedly fall in September • BoE holds rates steady in narrow vote • Japan services activity remains strong despite slower new order growth • Dollar corrects lower, while Sterling gained

• US ADP private sector jobs rose 42,000 in October, surpassing the market forecast • US ISM non-manufacturing PMI backed on track, employment indicator remained weak • US Supreme Court casts doubt on legality of Trump's global tariffs • Eurozone Producer Price Index slipped in September but beat expectations • Thailand’s inflation marked seventh consecutive month decline • Dollar slips from highs; ADP data looms large

• Government shutdown set to become longest ever after latest Senate vote fails • Trump finalized fentanyl, reciprocal tariff cuts in Xi deal • UK signals tax rises to tackle fiscal shortfall in November budget • Cabinet approves Thailand’s bid to host MotoGP for another 5 years • Dollar up on rate cut doubts and safety play, Pound dips

• US manufacturing shrinks for eighth month • Fed officials signal diverging views before December rate call • China’s October manufacturing PMI misses forecast • Thailand finalizes plan to buy bad debt • Dollar resilient despite weak ISM manufacturing data

• Fed talk overall stays hawkish • Eurozone inflation eases slightly in October, core holds steady • Tokyo inflation accelerates, strengthening BOJ hike case • China PMI hits longest slump in nearly a decade • Dollar firms broadly against peers on Friday

• Trump–Xi meeting eases tensions with trade and tariff breakthroughs • The ECB left its policy rates and guidance unchanged • Eurozone economy grew slightly faster than expected in third quarter • BoJ holds rates, stays cautious • Dollar gains broadly as markets reassess Fed’s December outlook