China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Bessent Says U.S. Must Strengthen Supply Chains and Economic Security 
South Korea’s KOSPI Rebounds as Samsung and SK Hynix Lead Tech Stock Recovery 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
Wall Street Ends Mixed as Alphabet Slumps, Middle East Developments and Fed Outlook Weigh on Markets 
Wall Street Slides as AI Stocks Tumble Following South Korea Tech Sell-Off 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum 
Gold Prices Mixed as Stronger Dollar Offsets Safe-Haven Demand Amid U.S.-Iran Peace Talks 
Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low 
100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth 
Japan, U.S. Discuss Yen Weakness as Currency Intervention Concerns Grow 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns 
Gold Falls Below $4,000 as Strong Dollar and Fed Rate Hike Expectations Weigh on Prices 
South Korea Remains MSCI Emerging Market Despite Reform Progress 
U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand 
Nonfarm employment rose by 254,000 in September, exceeding the average expectation of 150,000. Revisions for employment growth in the prior two months added another 72,000. Over the latest three months, average payroll gains were 186,000, somewhat lower than the previous year's average of 203,000.
Private payrolls increased by 223,000, with the most significant increases in leisure and hospitality (+78,000), health care and social assistance (+71,700), construction (+25,000), and professional and business services (+17,000. Last month, government employment added 31,000 new jobs.
Positively, the hiring breadth increased to 57.6 in September, which is the highest number in the previous eight months.
The household survey showed a 430k increase in civilian employment, significantly surpassing the labor force's more moderate growth of 150k, resulting in a tenth of a percentage point decrease in the unemployment rate to 4.1%. For the third consecutive month, the labor force participation rate remained constant at 62.7%.
The average hourly earnings (AHE) showed a slight decline from August's upwardly revised estimate of 0.5% m/m, rising by 0.4% month over month (m/m).
