US payrolls rise by only 29,000 as October rate-hike odds slip and oil falls (Markets)

Generaldesk view

US payrolls rise by only 29,000 as October rate-hike odds slip and oil falls (Markets)

US nonfarm payrolls increased by 29,000 in September after a downwardly revised gain of 133,000 in August, the Labor Department said Friday, Reuters reported. E…

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Financedesk view

Softer jobs data cools hike bets and the Nasdaq sets an intraday record (Indexes)

A Reuters afternoon update said U.S. stocks rose on October 2, with the Nasdaq Composite climbing to an intraday record. Nonfarm payrolls increased by 29,000, b…

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Financedesk view

European stocks close higher as eurozone inflation hits 3.8% and the France-Germany spread is the widest since 2011 (Indexes)

Sharecast said the STOXX 600 closed up 0.7% at 630.95 on October 2, the DAX rose 1.2% to 25,231.20, and the CAC 40 rose 0.8% to 7,897.19. Eurostat's flash readi…

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Financedesk view

September payrolls miss, unemployment rises to 4.2%, and the morning odds of an October hike fall to about 17% (Macro)

Sharecast, citing the Bureau of Labor Statistics, said September nonfarm payrolls rose by 29,000 against an expected gain of 84,000, while unemployment had been…

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Financedesk view

The EU agrees to release diesel stocks, Brent is back at $102.77, and WTI is still down (Energy)

Channel NewsAsia, citing Reuters, said EU governments agreed to a French proposal to release additional diesel stocks after U.S. pressure for more European supp…

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Cryptodesk view

September Payrolls Rise Only 29,000; Bitcoin Trades Through $87,000 on Friday (Market)

The Block reported on October 2 that bitcoin topped $87,000 earlier on Friday and was changing hands near $86,700 at the time of writing, its highest level sinc…

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