Gold battles $4,200 resistance amid bear flag signal: Live levels
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London Gas Oil stuck in no-trade zone at $1,412: Live levels
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Crude Oil WTI overbought at resistance with MFI 90: Live levels
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Silver hits resistance at $58.50-$59.00 cluster: Live levels
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Brent Oil coils in $104-$106 range as breakout looms: Live
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Aussie Dollar Falls to Lowest Since July as RBA Hike Bets Fade
The Australian dollar touched the lowest level since early July, extending its decline after domestic labor data pushed traders to scale back expectations of interest rate increases from the Reserve Bank of Australia.
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There’s Not Going to Be a Sharp Downturn in Jobs, Says Lakshman Achuthan
Initial jobless claims were little changed in early-October, reinforcing the view that the labor market is cooling through slower hiring rather than rising layoffs.
The report gives the Fed little reason to worry about an abrupt deterioration in employment, but it doesn’t ease broader concerns about weak job creation.
Lakshman Achuthan, COO and co-founder at ECRI, gives his outlook on employment and reacts to inflation data. (Source: Bloomberg)
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How the Houthis are helping Iran turn Saudi Arabia into a pressure point
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Investors are dumping AI stocks as ‘tech wreck’ worsens. Here’s where they’re turning now.
The continued selloff in the AI trade is forcing investors to ditch highflying tech for relative safety of government bonds, even as hot inflation threatens to make that trade complicated.
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2026 Bloomberg New Economy Forum Highlights
After decades of geopolitical stability and relative predictability, the rules of global engagement are being rewritten. From October 13–15, the Bloomberg New Economy Forum brought together public-and private-sector leaders from around the world in New Delhi to examine: A World in Play: Defining the New Levers of Power. (Source: Bloomberg)