Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
This week is quite risk heavy. Focus is on NFP report from the Unites States.
What to watch for over the coming days:
- Vice Presidential dual:
After Trump-Clinton dual last week broke all records, the focus would be on Vice Presidential debates scheduled for 4th of October. Tim Kaine from the Democratic side would be battling Mike Pence of the Republican side. Next Presidential debate is on 9th.
- Central banks:
Reserve Bank of Australia (RBA) is scheduled to announce interest rate decision on Tuesday. Fed’s Evans and Mester are scheduled to speak this week on Wednesday and on Friday.
- US data:
Some key economic figures would be announced from the United States this week; ISM manufacturing PMI data on Monday, non-manufacturing PMI on Wednesday, ADP employment data on Wednesday, and finally the NFP data on Friday. If the payroll turns out to be weaker like last time along with weak wage growth, it could pose some doubt over hike from Fed in December.
In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.
