Goldman Sachs FICC Revenue Falls 10% Amid Iran War Market Volatility 
Strait of Hormuz: why even neutral and distant countries like Switzerland can’t escape the fallout 
BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook 
Energy Price Spike Won't Trigger Lasting Inflation, Analysts Say 
Food prices are already high in Canada. Will the Iran war make them worse? 
Want to cut your energy bills? Here’s how five experts are doing it 
Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks 
Though US manufacturing sector grew for 68th consecutive month growth slowdown was larger than expected at 56.9% compared to 59% in August. Headline reading is weakest since June 2015.
Key highlights -
- New orders index growth stands at 56.7%, down 6.7 points from August.
- Business activity index came at 60.2%, 3.7 points lower than August.
- Employment index rose to 58.3%, 2.3% higher from August.
Highlights from industry -
- Information services broadly unaffected.
- Education sector seeing improvement in outlook and stabilization.
- Retail sales sector suffering over recent shock and sales drop but still optimistic over this to be temporary.
- Wholesale traders concerned over Consumer confidence impact from market turmoil.
- Mining suffering from commodity rout.
- Health care business are strong and growing.
- Egg producers are worried over impact of avian flu.
Dollar index, able to make some gains despite drop in services PMI. FXCM Dollar index is currently trading at 12053, up 0.04% for the day so far.
