German health minister says no further COVID-19 measures necessary in autumn, winter 0 (0)

Remarks by German health minister, Jens Spahn
He is noting that no further measures would be needed to curb the spread of the virus as vaccinations are at a good level, with the current rate being 5% higher than what the government had projected at this point in time.

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US September Challenger layoffs 17.9k vs 15.7k prior 0 (0)

Latest data released by Challenger, Gray, and Christmas Inc
US-based employers announced 17,895 job cuts last month, a 14% rise from August (which was a 24-year low). That said, the total job cuts for Q3 amounted to 52,560 which marks the lowest quarterly total since 1997 – reaffirming improved conditions in the labour market as the pandemic

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The bond market remains tentative ahead of the US jobs report tomorrow 0 (0)

No clear cut moves in Treasuries for the time being
10-year yields are higher relative to opening levels to start the week but the highs this week were capped by the late-September high around 1.567% and we are seeing more tepid conditions now awaiting the US jobs report tomorrow.

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A snoozefest for major currencies so far on the session 0 (0)

Dollar pairs keeping within 10 pips of one another
I reckon that pretty much says it all about how FX is performing so far today. There were some slight gains in commodity currencies early but they didn’t amount to much as trading conditions appear to be rather light (pre-NFP lull perhaps?).

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