US September Challenger layoffs 119k vs 116k prior 0 (0)

Latest data released by Challenger, Gray, and Christmas Inc
– 116k
US-based employers announced an additional 118,804 job cuts in September, up 2.6% from August with bars, restaurants, hotels and amusement parks i.e. entertainment and leisure sectors, the bulk that drove layoffs last month.

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Brexit: ‚Landing zone‘ on state aid said to be identified, but fishing is the last sticking point 0 (0)

FT reporter, Sebastian Payne, tweets
Officials with knowledge of the talks say a landing zone on state aid has been identified but „fishing is the last sticking point. We both have to jump together.“

The mood in Whitehall as „cautiously optimistic“ but insiders warn „it’s going to go to the brink.“
report

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ECB’s de Guindos: ECB is not running out of ammunition at all 0 (0)

ECB vice president, Luis de Guindos, says that there is no need to decide on adjusting PEPP immediately
– We are totally open to recalibrating measures
– But no need to decide on adjusting PEPP immediately
This mainly just reaffirms their current policy stance i.e. they still see no urgency to pursue further action just yet despite inflation

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US MBA mortgage applications w.e. 25 September -4.8% vs +6.8% prior 0 (0)

Latest data from the Mortgage Bankers Association for the week ending 25 September 2020
–  +6.8%
– Market index 769.6 vs 808.5 prior
– Purchase index 320.9 vs 327.0 prior
Despite the long-term rate falling to the lowest in the survey’s history, mortgage activity is seen moderating after a robust lift in the week prior. Both refinancing and purchases

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Singapore to lift border restrictions with Australia, Vietnam 0 (0)

Singapore announces that it will lift border restrictions for visitors from Australia and Vietnam from 8 October
This adds to travelers from Brunei and New Zealand, which were already approved to enter Singapore in early September. But there will still be a travel restriction applied to Australians from the state of Victoria at this point in

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