Global TradFi & Macroeconomics

French and Italian government bond spreads are expected to narrow this week following a sharp rise in late September, as investors await further developments before demanding higher compensation for fiscal and political risks. The spread between French and German bonds, which jumped 34 basis

According to ING strategists, Italian government bonds led a rally in eurozone government debt spreads on Thursday (October 8), as the market responded to Prime Minister Giorgia Meloni's electoral reform securing a final parliamentary vote. The reform grants additional parliamentary seats to

The three major U.S. stock indexes traded higher on October 10. The Nasdaq Composite rose 0.55% from the previous close to 27,342.42. The Dow Jones Industrial Average gained 0.46% to 51,466.12, while the S&P 500 advanced 0.44% to 7,799.69. FAQ What were the closing values of the major U.S. stock

According to PR Newswire, SpaceX agreed on October 8 to acquire Grain Management's nationwide 800 MHz spectrum portfolio under a definitive agreement. The transaction requires FCC approval and other customary conditions. SPCX Nasdaq Class A shares closed Thursday at $160.57, down 4.19% from

According to Guru Club, Saudi Aramco will provide all of its oil supplies to European customers in November.

China's commodity futures market closed higher overnight on October 9, with natural rubber (20-year-rubber contract) rising 4.71%, rubber jumping 3.76%, and thermal coal gaining 3.39%. Methanol and coke increased by at least 2.81%, while synthetic rubber, soybeans, polypropylene, plastic, and LPG

On October 9, Brent crude rose 0.5% to $104.82 per barrel, while WTI crude climbed more than 0.5% to touch the $92 per barrel mark intraday.

According to China's Ministry of Agriculture on October 9, the 2026/27 soybean production forecast was cut to 20.36 million tons, down 590,000 tons from the previous month's estimate, due to lower-than-expected planted area and yield. The forecast remains above 20 million tons. Meanwhile, data from

According to Yicai, on the evening of October 9, spot gold fell below the $4,100 per ounce level, marking its lowest point since August 5 and declining 2.26% for the day. Spot silver dropped below $60 per ounce with a 3.50% loss. The cryptocurrency market accelerated its decline, with Bitcoin

Brazil's Planning and Budget Minister announced the government will implement a subsidy for diesel imports, with a cost of 1.6 billion Brazilian reais over a 30-day period. The measure aims to address fuel supply and pricing

According to Bloomberg, Firmus Grid Ltd.'s $30 billion Australian IPO collapsed within 48 hours after U.S. fund managers deemed the valuation too high. The company had been considered a standout in the AI data center boom, but bankers failed to convince American investors to subscribe even after

According to KPMG economist Daniel Hyun, Canada's employment declined for a second consecutive month on September data, complicating the central bank's policy outlook. Despite the weak jobs data, KPMG still expects the Bank of Canada to raise rates by 25 basis points in December, citing persistent i

Fusionex (03738) announced on October 9 that its wholly-owned subsidiary Vobile Investment Holdings Limited will acquire 100% of Anqing International Limited from Li Ye for HK$75 million. The purchase consideration will be settled through the issuance of approximately 20.55 million shares at HK$3.65

According to Bloomberg, Italy and the EU are close to reaching an agreement allowing Italy to implement a natural gas price cap framework. The deal aims to help Prime Minister Meloni secure voter support amid rising energy

Statistics Canada reported on October 9 (local time) that Canadian employment fell by 68,000 in September, sharply missing market expectations of a 7,000 increase. The decline marked the second consecutive monthly decrease following a 42,000 drop in August, reversing a four-month growth streak

The Iranian Revolutionary Guard Navy announced today (October 9) that future operations against unauthorized vessels will extend beyond the Strait of Hormuz, with any ships traversing unauthorized routes facing severe punishment. The Navy said it struck a large liquefied petroleum gas tanker

According to Oxford Economics economist Tony Stillo, Canada's weak September labor market data has lowered the probability of a rate hike by the Bank of Canada in late October, though the option remains possible. Stillo still expects the central bank to raise rates by 25 basis points each in October

According to an official announcement, Qingling Automobile (01122) and Qingling Group signed a share purchase agreement on October 9, 2026, under which Qingling Automobile will acquire all approximately 30.43% equity stake in Isuzu Engine held by Qingling Group for approximately 659.9 million

US Stock Market News showed positive momentum on Friday as the Dow Jones Industrial Average jumped 121.12 points to 51,352.76, a gain of 0.24%, while the S&P 500 rose 16.05 points to 7,781.41, up 0.21%, and the Nasdaq Composite gained 73.10 points to 27,266.44, up 0.27%. Technology stocks managed to