Daily Market Insight

• US service sector at five-month low in October • Euro zone recession fears harden as surveys show grim start to Q4 • German service sector activity contracts in October • Dollar rebounds, Fed officials take center stage

• US job growth slows down with unemployment rate hitting two-year high • Eurozone unemployment edges up as ECB maintains high interest rates • Japan service activity posts slowest growth this year • Dollar maintains strength amid global economic uncertainties

• Fed keeps rates unchanged, Powell hedges on possible end of tightening campaign • US job openings stay elevated, layoffs at nine-month low • US manufacturing sector slumps in October-ISM • US dollar falls as markets believe Fed is done hiking rates

• 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