🇺🇸 The Chicago Fed’s CFNAI rose to +0.07 in September from -0.08 in August, signalling stronger economic activity. The index tracks 85 indicators, adding to evidence of resilient US growth ahead of Q3 GDP. #USData #FederalReserve #FOMC #Powell #inflation #inflation #PMI

Germany’s Ifo expectations rose for a 6th month to 91.6 vs 90 expected, but current conditions worsened to 88.8 The headline edged up to 90.2, still below its long-run average. The “hope gap” widened to 2.8 from 0.9 in September #Germany #ECB #InterestRates #TradersKE #Eurozone

@neilsethinew: US Q3 GDP estimates remain strong ahead of Thursday’s release. The average forecast edged up to 3.28% from 3.25%, while the median held at 3.30%. A St. Louis Fed upgrade lifted estimates, with only the NY Fed below 3.1%—signalling resilient growth #GDP #USEconomy

Japan’s life insurers are rotating out of lower-yielding bonds into higher-yielding debt as elevated yields create opportunities to boost returns => With ¥386T in invested assets, their shift could reshape demand for Japanese government bonds and overseas debt #Japan #Bonds #BOJ

Japan’s UA Zensen union will seek 6% wage hikes for full-time workers in 2027, including 4% base-pay growth, matching its 2026 target after securing 4.72%. It also seeks 7% for part-timers, reinforcing wage-push inflation and the BOJ’s tightening case #Japan #BOJ

Japan’s services inflation accelerated to 3.7% YoY in September from a revised 3.5% in August, signalling stronger wage-cost pass-through => With underlying inflation also rising, the BOJ may hold at 1.25% Fri but reinforce expectations for a Dec hike #Japan #BOJ

US durable goods orders are expected to rise 1.9% in Sept, boosted by Boeing; ex-transport, +0.6% is the cleaner signal => Empire State jumped to 25.5 vs 12 expected, while Philly Fed eased to 20.9 => Watch Richmond Fed, ISM and prices paid for Q4 factory momentum #USData

US labor-market sentiment is weakening: the Conference Board jobs differential rose to -1.7 in September, its weakest since Feb 2021 Confidence is expected to slip to 81. A further deterioration could challenge 78% odds of a Dec Fed hike, despite unemployment holding at 4.1–4.3%

Japan’s inflation is broadening ahead of Friday’s BoJ meeting. Services producer prices rose 3.7% YoY in September; ocean freight surged 97.7%. UA Zensen seeks 6% wage hikes for 2027. Markets price 20bp of tightening by December, but 25bp may be warranted. #BOJ #JPY #Inflation

🇯🇵 Japan’s Fin Min Katayama says the govt is ready to take decisive action in FX markets and is monitoring moves with heightened urgency =>Tokyo aims to support confidence in the #yen through clear, consistent communication on Takaichi’s fiscal policy Yen gains 0.2% vs USD

South Korea’s KOSPI surged nearly 3%, its biggest one-day gain since early Sept, led by AI chip giants Samsung Electronics (+3.53%) and SK Hynix. Yet the index remains on track for a 17% October drop as AI jitters persist. Hyperscaler earnings and central banks loom.

#Anthropic’s IPO faces a #SpaceX comparison: both mega-listings test investors’ appetite for AI and transformative tech. But day-one volatility may mislead; sustained demand matters more Anthropic’s reception could reveal cracks in the #AI boom—or reinforce investor conviction

🇧🇷 Foreign investors hold just ~10% of Brazil’s local-currency debt, limiting the risk of a 1990s-style sudden-stop crisis. After the rout, 12.8% bond yields and a battered real may offer opportunities as higher rates support the currency #Brazil #BRL #Bonds #FX #EmergingMarkets