US Import Prices Rise More Than Expected in September
US import prices climbed 1.1% in September, and the 12-month rate hit 8.1%, the highest since July 2022, according to the Labor Department data.
2 sources · Reuters, Seeking Alpha
market news: Economy, «Fed»
energy, macro and geopolitical news for traders, with market context and links to the original sources.
stories appear as soon as they are checked. for bots and dashboards — the api connect the api →
91 stories · page 5 / 5
Investors Pull Back on Fed October Hike Bets After Warsh Remarks
CME Group data show odds of a Fed rate hike at the October 27-28 meeting fell to 15% from 28% a day earlier, the Wall Street Journal reports.
1 source · WSJ
BOJ may speed up rate hikes as global inflation debate intensifies
Global inflation worries from the Iran war and AI-driven demand are pushing the Bank of Japan toward faster rate increases ahead of its October review.
1 source
Analysts see Treasuries regaining appeal if AI stock correction deepens
Market Talk reports analysts see Treasuries regaining their defensive role if AI-linked stocks slide further, while Bitcoin steadies after a four-week low on Thursday.
1 source · Market Talk
SMBC's Lavorgna expects more Fed hikes after October meeting
SMBC Americas economist Joe Lavorgna says inflation is not easing quickly enough, expecting further Fed hikes with December the likelier timing, per Seeking Alpha.
1 source · Seeking Alpha
Philly Fed Manufacturing Index Falls to 20.9 in October, Still Signaling Growth
The Philly Fed manufacturing index dropped to 20.9 in October from 37.8 in September, missing the 30.0 forecast but staying above zero.
2 sources · Seeking Alpha
New York Manufacturing Activity Jumps in October, Well Above Forecasts
The New York Fed's business conditions index rose to 25.5 in October from 7.6, far above the 10.3 forecast and the highest since December 2021.
2 sources
New York Fed Empire index shows prices paid easing to 59.5 in October
The New York Fed's regional manufacturing survey showed prices paid falling in October, while new orders jumped to 23.2 from 2.0 in September.
2 sources
Initial US jobless claims tick up slightly as layoffs stay low
New US unemployment claims rose by 1,000 to a seasonally adjusted 199,000 in the week to October 10, slightly below economists' expectations of 200,000.
1 source
New York Fed's Empire State manufacturing index jumps to 25.5 in October
The Empire State manufacturing index rose to 25.5 in October from 7.6 in September, while the employment index eased to 10.3 from 10.6.
2 sources
Recent Bitcoin Buyers Cap Gains as Hot US Inflation Weighs on Gold and Silver
Glassnode says buyers from the past two years are capping Bitcoin below $88,000, while hotter US inflation pushed gold and silver lower, per WSJ market reports.
1 source · Market Talk