TheTrendrix

🇺🇸 FED SPEAKERS — TUESDAY, OCTOBER 6

🔸9:05 AM ET — NY Fed’s John Williams (voter, dove) — Moderates panel

🔸10:45 AM ET — St. Louis Fed’s Alberto Musalem (non-voter, hawk) — Banking research conference

🔸10:46 AM ET — Fed Vice Chair Michelle Bowman (voter, dove) — Banking regulation & supervision + Q&A

🔸1:15 PM ET — Kansas City Fed’s Jeff Schmid (non-voter, hawk) — Fireside chat

🔸7:00 PM ET — Dallas Fed’s Lorie Logan (2026 voter, hawk) — Q&A with Agustín Carstens

🔸Tomorrow: FOMC minutes — potentially the more market-moving Fed event.

🇺🇸 WHAT TO WATCH TODAY — U.S. MARKETS

🔸9:20 AM ET — 🇺🇸 NY Fed Bill Purchases, 4–12 months
🔸9:45 AM ET — 🇺🇸 S&P Global Services PMI — Final
🔸9:45 AM ET — 🇺🇸 S&P Global Composite PMI — Final
🔥 10:00 AM ET — ISM SERVICES PMI Consensus: 55.7 | Previous: 55.4

Key components to watch: • Employment — Previous 47.8 • New Orders — 60.9 • Prices Paid — 72.6

🔸11:30 AM ET — 🇺🇸 3-Month Treasury Bill Auction
🔸11:30 AM ET — 🇺🇸 6-Month Treasury Bill Auction

🏦 FED: No scheduled Fed policymaker speeches today.

🏮BREAKING:

🇺🇸 US unemployment rate: 4.2%

Expectations: 4.1%

The US economy added 29K jobs in September vs 89K expected.

JUST IN: $110,000,000 worth of shorts liquidated from the crypto market in the past 10 minutes.

JUST IN: 🇺🇸 US mortgage rates surge to highest level since 2023.

• The average 30-year fixed mortgage rate has risen to 7.6%, the highest level since 2023, making homeownership very expensive for buyers.

• The 10-year Treasury yield surged to its highest level since 2002 after recording its largest quarterly increase since 1994.

• The 30-year Treasury yield also increased to 5.69% as investors continued selling US government bonds.

U.S. S&P 500 E-MINI FUTURES UP 0.3%, NASDAQ 100 FUTURES UP 0.29%, DOW FUTURES UP 0.26%

JUST IN: 🇺🇸 Coinbase receives CFTC approval to launch its own US crypto derivatives clearinghouse.

JUST IN : 💰 Strategy buys 1,665 BTC for $143M, total holdings reach 847,666 BTC.

OIL JUMPS 2% AS U.S.-IRAN TALKS STALL

Brent surged 2.5% to $106.92, while WTI climbed 2.3% to $94.49 after President Trump rejected Iran’s proposal to end the conflict and reopen Hormuz.

Further U.S.-Iran talks are expected this week, while Houthi attacks on Saudi Arabia add to regional risks.

Middle East exports are recovering, but analysts say the oil market remains in deficit, keeping upward pressure on prices.

it’s Moneyday guy🤑📊

OPN

TRUMP TELLS AXIOS THAT HE EXPECTS US NEGOTIATORS TO ENGAGE IN MORE TALKS WITH IRAN THIS WEEK

BTC 86k

BTC#

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JUST IN: 🇮🇷🇺🇸 Iran's President Pezeshkian says Iran no longer trusts talks with United States.

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