Daily Market Insight

• 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

• German wholesale prices fall for sixth month in a row • Bank of England chief economist advocates for sustained high interest rates • Oil prices extend losses amid Middle East uncertainty, Venezuela deal talk • Dollar drifts as investors eye Powell speech, yen wobbles near intervention zone

• US consumer sentiment sours; dollar aiding inflation fight • Persistent US services inflation dampens oil outlook • Euro industrial output up in August, but sharply down year-on-year • Dollar steady on underlying moderate PPI data, dovish Fed officials

• Fed officials hint at cautious approach to rate hikes amid tightening markets • Euro zone consumers see inflation slightly above ECB target for years • Chinese vehicle sales rise 5% in September, new-energy cars sector sees 10.7% YoY growth • Dollar steady on underlying moderate PPI data, dovish Fed officials

• Asia stocks hit 2-week high as Fed talk turns dovish • Rising Borrowing Costs Strain Households in the UK and US • Drop in euro zone investor mood slows in October • Dollar index weakens amid stock market rally and dovish Fed stance

• Rising treasury futures amid inflation warnings and Middle East conflict • Central banks anticipate rate cuts in 2024 amid controlled inflation • German industrial output falls in August, spurring recession fears • Dollar gains versus euro as Israel-Palestinian conflict spurs safety bid