Financial Market Newsletter

The U.S labor market in September showed stronger-than-expected job growth, adding 119.000 positions according to a report released last night after being delayed nearly 7 weeks due to the Government shutdown.

The divide over whether the U.S Federal Reserve should cut interest rates in December widened at last month’s meeting, with a larger number of policymakers opposing an additional rate cut.

The increase in U.S import tariffs has had a milder impact on the global economy than many policymakers and businesses had feared, though the effects are likely to persist into next year and beyond.

Liên minh châu Âu đã nâng kỳ vọng về tăng trưởng kinh tế tại khu vực đồng euro trong năm nay nhờ sự phục hồi của các hoạt động kinh tế, mặc dù mức thuế quan cao hơn từ Mỹ dự kiến sẽ gây áp lực lên Khối này vào năm 2026.

The White House announced on Friday that President Donald Trump had issued an order reducing import tariffs on beef, tomatoes, coffee, and bananas - an effort aimed at lowering grocery prices amid growing pressure from voters demanding relief on essential consumer goods.

The International Monetary Fund (IMF) is observing signs of cooling in the U.S economy, with fourth-quarter growth likely to fall short of the earlier forecast of +1,9%.

The White House stated late Tuesday that two key Government reports on inflation and the labor market for October may not be released due to difficulties in data collection.

The USD weakened against the euro (-0,22%) on Tuesday amid concerns over a slowdown in the U.S labor market, following reports that private-sector hiring had declined again last month.

The European economy appears to have weathered the latest wave of U.S tariff increases without falling into recession. From 2026 onward, GDP growth is expected to gain momentum, supported by Germany’s plans to expand defense spending and invest in infrastructure renewal.