2nd October 2024

  • US Treasuries Rally as Risk of Iran Conflict Fuels Haven Demand

US has indications Iran is prepping to launch attack on Israel

Global bonds are gaining with focus on monetary policy paths

https://blinks.bloomberg.com/news/stories/SKOJKMT0G1KW

  • US Manufacturing Activity Contracts for a Sixth Straight Month

ISM’s factory index was unchanged in September at 47.2

Orders, output shrink; prices-paid index lowest this year

https://blinks.bloomberg.com/news/stories/SKOM61T1UM0W

  • US Job Openings Climb to Three-Month High, Exceeding Forecasts

Construction, state and local government led rise in openings

Rates of hiring, layoffs and quits all edged lower in August

https://blinks.bloomberg.com/news/stories/SKOKVJT1UM0W

  • Euro-Zone Inflation Drops Below 2%, Backing ECB Cut Bets (2)

September consumer prices rose 1.8% from year ago, as expected

Investors are increasingly certain of another cut this month

https://blinks.bloomberg.com/news/stories/SKOCK3T0G1KW

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