Daily Market Insight

• U.S. inflation pressures continued to moderate despite some mixed signals • U.S. Q3 GDP increases better-than-expected • U.S. Initial Jobless Claims drop to lowest level in months • ECB kept rates steady but points to mounting inflation risk • Euro-area economic sentiment softened for a second consecutive month in October • Strong Japan macro data keeping pressure on BOJ’s decision to tighten further • Dollar slipped after strong US data; Yen held steady ahead of BoJ’s meeting

• Fed held rates steady despite sticky inflation but keeps door open to further tightening • Bank of Canada raised the policy rate as market expected; another hike possible • Reserve Bank of New Zealand held the rate unchanged despite hawkish stance • MPC maintained the key rate as uneven growth amid rising inflation risks • Thailand overhauls its oil pricing structure, lowering ex-refinery prices • A less-hawkish Fed weighed on dollar, while sticky inflation kept upward pressure on long-term U.S. yields

• U.S. weekly job creation cooling in early October • U.S. confidence rebounds, but expectations stay below recession threshold • U.S. house price indices showed continuing gain in August • Australia inflation strengthens, fueling fears of fifth interest rate hike this year • Korea’s GDP Q3 growth beat expectation, propelled by high-tech activities • Dollar volatile, gold struggling, treasury yields edged lower ahead of Fed decision; Iran diplomacy hopes in focus

• Oil retreats from six-month highs, but geopolitical supply risks keep inflation concerns elevated • US activity returns above trend, supporting a firm dollar and limiting the case for near-term easing • German confidence beats expectations, offering near-term support to the euro • Thailand’s import surge overshadows robust export growth, driving a sharp trade deficit

• Trump prepares for potential Iran escalation after US and Israeli elections • Trump targets mortgage insurance and refinancing costs to ease housing burden • US consumer confidence weakens even as business activity remains strong • French unrest introduces a new fiscal and confidence shock for Europe • Euro area growth loses momentum as France contracts

• UK producer price pressures intensified in September • UK inflation surprises to the upside, reinforcing expectations that the BoE may resume tightening in November • Japan’s export growth stays robust, supported by chips and cars • China defended its rare-earth export controls on Japan • Indonesia's central bank keeps key rate unchanged, delivering policy mixed • Dollar held near 3-week low ahead of next week’s Fed meeting

• U.S. private-sector hiring cooled in early October • German producer prices hit highest in years, fueling inflation worries • French bond yields near 24-year high as new protests loom • China leaves loan rates unchanged as PBOC weighs reforms • BI under pressure to tighten further as MSCI downgrade risks • Dollar slipped as lower oil prices eased inflation and rate-hike concerns

• US housing sends a sharper high-rate warning • French fiscal and political risks pressure the euro and sovereign bonds • BoJ sees underlying inflation near target, leaving room to tighten • China’s growth accelerates as exports and industrial production remain resilient • China’s consumption and property sectors remain key drags on domestic demand

• US import prices accelerate while industrial output beats • US Producer inflation accelerates as energy costs spread across the economy • US Retail sales beat expectations, but underlying spending softens • Warsh stresses price stability without committing to another hike • IMF sees further ECB tightening as energy inflation persists

• U.S. CPI accelerated in September as gasoline prices surged • ECB President signals no intervention in France’s fiscal crisis • China’s PPI rose at fastest pace over four years, while CPI remained subdued • China's trade surplus widened more than expected in September as exports surged • Thailand’s Cabinet approved THB 50 billion housing loan scheme to boost homeownership • Dollar swung on renewed inflation concerns