Remarks by China’s cabinet via state media
That is a bit of a mouthful but essentially China is just reaffirming that they will be there to address the power crunch, after having earlier sought to increase coal output . This doesn’t put an end to the energy crisis but at least it alleviates some pressure for

Remarks by the BOE financial policy committee in its latest focus summary
They note that there is „heightened risk-taking in some financial markets“ before elaborating on that as per the below:

Inflation worries mount in the UK
With the economy already seeing the reopening demand moderate and supply bottlenecks as well as labour shortages weighing, inflation worries are adding to concerns of a further slowdown towards the year-end.

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.

The ECB releases the accounts of its September monetary policy meeting
The full accounts can be found . There isn’t anything that we don’t already know from the ECB and I’m just highlighting in what is most relevant at this point.

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

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.

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?).

Putin to the rescue

Forex news from the European trading session – 6 October 2021
Headlines:
Markets:
– JPY leads, NZD lags on the day
– European equities lower; S&P 500 futures down 1.2%