7th October 2024

  • Bond Traders Buckle Up for ‘No Landing’ After Jobs Surprise

Strong growth in payrolls sends Treasury yields surging

Risk is that growth, inflation keep Fed cuts in check

https://blinks.bloomberg.com/news/stories/SKUFPPT0G1KW

  • US Hiring Tops All Estimates, While Jobless Rate Falls to 4.1%

Payrolls rose 254,000 in September, most in six months

Annual wage growth picked up to 4%, the most since May

https://blinks.bloomberg.com/news/stories/SKU17ADWX2PS

  • EU to Impose Tariffs Up to 45% on Chinese Electric Vehicles (1)

The new tariffs will be in effect for a period of five years

China has threatened tariffs on Europe’s car and dairy sectors

https://blinks.bloomberg.com/news/stories/SKTRKGDWRGG0

  • German Factory Orders Drop in Yet Another Sign of Industry Woe

Outcome for August follows two consecutive months of increases

Government is set to abandon hope of any growth this year

https://blinks.bloomberg.com/news/stories/SKU1MZT1UM0W

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