9th October 2023

  • Oil Surges as Hamas’ Attack on Israel Fans Middle East Tensions

WTI futures climb as much as 5%; more than 1,100 dead so far

War-risk premium returns as oil-producing region destabilized

https://blinks.bloomberg.com/news/stories/S28SEVT1UM0W

  • Global Markets Face New Geopolitical Risk, View Oil as Guide

Markets already unnerved by elevated rates, hawkish Fed

Middle East crises tend to push up oil, hurt stocks: Yardeni

https://blinks.bloomberg.com/news/stories/S28GX2DWX2PS

  • Fed’s Bowman Says She Expects Higher Rates Needed to Curb Prices

Renews warning that energy prices could reverse some progress

After hot jobs report, Fed policymakers next meet on Oct. 31

https://blinks.bloomberg.com/news/stories/S261Y8DWRGG0

  • US Hiring Surges, Bolstering Case for Another Fed Rate Hike

Payrolls jumped 336,000 in September, topping all forecasts

Unemployment rate held at 3.8%, wages rose less than estimated

https://blinks.bloomberg.com/news/stories/S23ZC3T1UM0W

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