China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
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).
