Daily Market Insight

• U.S. producer prices unchanged; core inflation expected to rise in September • China flags more fiscal stimulus for economy, leaves out key details on size • China's deflationary pressures rise in September as consumer inflation slows • China's September export growth fell to a five-month low amid declining global demand • US dollar climbs to 10-week high

• US consumer prices rise above expectations in September • US Initial jobless claims surge, highest in more than a year • BOK cuts rates as slumping economy slows inflation • China to lift ban on Australian lobster imports by year-end • Dollar trades flat in the messy US CPI and labor data release aftermath

• Fed officials were divided oversize rate cut by half a point in September • German exports rise in August, defying expectations of decline • India central bank holds rate steady for 10th time in a row • Oil prices slip lower; declining Middle East risk premia • Dollar edges higher ahead of Fed minutes; euro weakens

• German industrial output surges unexpectedly in August • China confident on growth goal, markets await more stimulus • Japan real wages down again after summer bonus bump, spending falls • Asia FX weakens as yuan slides; Dollar firm amid bets on smaller rate cut

• US consumer credit growth slows on drop in revolving credit • Retail sales slightly up in eurozone • UK house prices index rise for third straight month, beating expectations • Thailand’s inflation accelerated but below expectations in September • Dollar stable; euro slips on weak data

• Global supply chain pressures easing, said by the New York Federal Reserve • UK Construction PMI signaling a solid upturn in September • Oil prices rose on the mounting threat of a region-wide war in the Middle East • Vietnam quarterly growth hits two-year high due to exports and investment • Dollar seen a strong rally amid rising Middle East tensions

• US service sector activity reaches a 1.5-year high, but employment declines • Initial jobless claims climb to 225,000 • US factory orders unexpectedly fall in August • Dollar rises ahead of key payrolls report, supported by Middle East turmoil

• US private employers added more jobs than anticipated in September • Barkin says progress has been made, but the Fed can't claim victory yet • Japan's service sector grows for the third month, but confidence falls • Japan's new PM urges the BOJ to be cautious with future rate hikes • Dollar rises on better-than-expected ADP job growth

• Job openings unexpectedly rose slightly in August • ISM Manufacturing PMI holds steady, falling short of the anticipated increase • Euro zone inflation dips below 2%, strengthening rate cut case • Iran's missile strike on Israel prompts quick vows of retaliation • Safe havens rise as Iran launches missiles at Israel

• Fed Chair Powell says there's no rush to cut rates as economic confidence grows • German inflation eases, spurring hopes for another ECB cut • China's weak factory activity highlights urgent need for stimulus • Dollar rises as Fed's Powell takes a hawkish stance on the economy