South Korea Posts Stronger-Than-Expected 1.3% Economic Growth in Q3 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Oil Prices Rise as Geopolitical Tensions and Supply Risks Intensify 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Trump Administration Plans Major Rollback of Biden-Era Fuel Economy Standards 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
U.S. May Withhold $30.4 Million From Minnesota Over Improper Commercial Driver Licenses 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
U.S. Soybean Shipments to China Gain Momentum as Trade Tensions Ease 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Dollar Slips as Weak U.S. Manufacturing Data Increases Pressure for Fed Rate Cuts 
Tech Stocks Lift S&P 500 as Fed Rate-Cut Expectations Rise 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Nonfarm employment rose by 254,000 in September, exceeding the average expectation of 150,000. Revisions for employment growth in the prior two months added another 72,000. Over the latest three months, average payroll gains were 186,000, somewhat lower than the previous year's average of 203,000.
Private payrolls increased by 223,000, with the most significant increases in leisure and hospitality (+78,000), health care and social assistance (+71,700), construction (+25,000), and professional and business services (+17,000. Last month, government employment added 31,000 new jobs.
Positively, the hiring breadth increased to 57.6 in September, which is the highest number in the previous eight months.
The household survey showed a 430k increase in civilian employment, significantly surpassing the labor force's more moderate growth of 150k, resulting in a tenth of a percentage point decrease in the unemployment rate to 4.1%. For the third consecutive month, the labor force participation rate remained constant at 62.7%.
The average hourly earnings (AHE) showed a slight decline from August's upwardly revised estimate of 0.5% m/m, rising by 0.4% month over month (m/m).
