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%

Latest data from the Mortgage Bankers Association for the week ending 1 October 2021
–  -1.1%
– Market index 684.5 vs 734.9 prior
– Purchase index 275.7 vs 280.4 prior

European indices bordering on being down by 2%
The pressure on equities is not letting up so far in European morning trade as the DAX is now down by 2% on the day with other major indices in the region holding losses thereabouts on the session at the moment.

Things are looking really ugly out there
Meanwhile, Dutch gas futures are seen up over 60% in just two days this week and briefly clipping above €130 today as the energy crisis in Europe deepens.