Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts 
EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls 
Canada’s Ivey Purchasing Managers’ Index (PMI) soared to 10-month high during the period of September, remaining well above the 50-point neutral mark that pointed towards an improvement in the economic activity of the country’s business sector.
Canada’s Ivey Purchasing Managers Index (PMI) jumped to 58.4 in September on a seasonally adjusted basis from 52.3 in August, indicating a strengthening Canadian economy. This is the highest reading since January when the PMI stood at 66, data released by the Ivey Business School showed Friday.
The Employment Index rose sharply to 54 from 46.9 in August. This is the highest level since July when it was recorded at 59.5. Inventories fell dramatically to 46.7 from 61.2 prior, the lowest level since October 2015, data showed.
Further, the Supplier Deliveries Index rose for a consecutive month, now at 51.7 from 46.1. The Prices Index edged higher to 56.8 in September from 56.7 in August. Prices have been relatively stable over the past three months.
Meanwhile, Canada’s net employment change in September was 67.2k, well above the 10k analysts were anticipating, according to a Reuters survey, and above the 26.2k jobs added in August.
