News
US September Average Hourly Earnings YoY (Previous: +3.1%; Reuters Forecast: +3.2%)1. Regional Banks: +3.0%; TD Securities: +3.0%; ANZ: +3.1%; DAJADAN Group: +3.1%;2. Citigroup: +3.1%; HSBC Holdings: +3.1%; JPMorgan Chase: +3.1%; Morgan Stanley: +3.1%;3. Pansen Macro: +3.1%; Nikko Securities: +3.1%; UBS Group: +3.1%; Bank of Montreal: +3.2%;4. BNP Paribas: +3.2%; Capital Economics: +3.2%; Berenberg: +3.2%; Barclays: +3.2%; Scotiabank: +3.2%; DekaBank: +3.2%; Jefferies Group: +3.2%; Lloyds Banking Group: +3.2%. US September Average Hourly Earnings MoM (Previous: +0.3%; Reuters Forecast: +0.3%) 1. TD Securities: +0.1%; Citigroup: +0.2%; Goldman Sachs: +0.2%; HSBC Holdings: +0.2%; 2. JPMorgan Chase: +0.2%; Moody's Analytics: +0.2%; Morgan Stanley: +0.2%; Nomura Securities: +0.2%; 3. Pansen Macro: +0.2%; Regional Banks: +0.2%; Royal Bank of Canada: +0.2%; UBS: +0.2%; 4. ANZ: +0.3%; BNP Paribas: +0.3%; Barclays: +0.3%; Bank of America: +0.3%; 5. Capital Economics: +0.3%; Commerzbank: +0.3%; Danske Bank: +0.3%; DekaBank: +0.3%; 6. Mizuho Securities: +0.3%; Nikko Securities: +0.3%; Deutsche Bank: +0.3%; Scotiabank: +0.3%; 7. Oxford Economics: +0.3%; Wells Fargo: +0.3%; Lloyds Banking Group: +0.3%; Jefferies Group: +0.4%.
Euro Stoxx 50 futures rose 0.1%, German DAX futures rose 0.15%, and UK FTSE 100 futures rose 0.28%.
German government bond futures rose 0.34%, while French government bond futures fell 0.1%.
French Finance Minister: Bond issuance is going well, but interest rates are too high. The budget proposal will help push interest rates down.
French Finance Minister: All measures in the budget proposal are negotiable.
Following Nike's earnings report and forecast of a significant revenue decline, pre-market indicators suggested that Adidas and Puma shares were expected to fall by 1.2% to 2.2%.
Morgan Stanley lowered its price target for Nike (NKE.N) from $31 to $27.
The yield on Japan's 40-year government bonds rose 5 basis points to 4.270%.
According to Interfax news agency, citing the Russian Ministry of Defense, Russia attacked a power substation in the Kyiv region.
According to Interfax news agency, citing the Russian Ministry of Defense, Russia hit a ship in the Black Sea.
According to Interfax news agency, citing the Russian Ministry of Defense, Russia launched a nighttime attack on an industrial production complex in the port of Izmail, Odessa Oblast, Ukraine.
According to Interfax news agency, citing the Russian Ministry of Defense, Russia attacked a bridge across the Dnieper River in Kyiv at night.
Li Auto (02015.HK) shares fell more than 5% in Hong Kong.
The yield on Japan's 40-year government bonds rose 3.0 basis points to 4.250%.
The Kyiv City Government of Ukraine reports that a Russian airstrike killed one person and injured two others.
According to the Financial Times, Amazon (AMZN.O) is seeking to sell $8 billion worth of Nvidia (NVDA.O) chips to investors.
Jefferies: Raised Pfizer (PFE.N) price target from $34 to $35.
According to the European-Mediterranean Seismological Centre, a 5.1-magnitude earthquake struck the Santa Cruz Islands in the South Pacific Ocean at 7:00 a.m. local time on October 1, with a focal depth of 10 kilometers. No tsunami warning has been issued so far.
Piper Jaffray: Lowered its target price for Nike (NKE.N) from $38 to $28.
Hong Kong-listed property stocks weakened, with Sino-Ocean Group falling nearly 12%, Country Garden falling 7.61%, Ronshine China falling 7.61%, and CIFI Holdings Group falling 5.88%.