ProLogis reports EPS above expectations
ProLogis (PLD) reported earnings per share of USD 0.86, compared with market expectations of USD 0.78.
Market Context archive
China’s September PPI rises 5% year over year, above 4.5% poll
China’s producer price index rose 5% year over year in September, exceeding the poll forecast of 4.5%.
Sheinbaum says Mexico is addressing US trade-deficit concerns to reach a bilateral deal
Mexican President Claudia Sheinbaum said Mexico is addressing Trump administration concerns about the growing US trade deficit with Mexico to reach a bilateral deal, primarily by buying more American goods.
US steel prices reach a more-than-four-year high
US steel prices climbed to their highest in more than four years as President Donald Trump’s tariffs restricted foreign supplies.
IMF official flags surging government bond yields as biggest emerging risk
A top IMF official said a surge in government bond yields is the biggest emerging risk to the global financial system as the IMF presented its twice-yearly financial stability outlook report.
RBI rolls out dollar-supply window for state-run oil companies
India’s central bank rolled out steps, including a special window to supply dollars to state-run oil companies, to support the rupee.
ASML Says 2027–2028 Supply Won’t Fully Meet Demand
ASML said its current 2027–2028 supply will not fully meet demand.
Fast Retailing EPS exceeds market expectations
Fast Retailing (9983) reported earnings per share of 379.46 JPY, above market expectations of 339.04 JPY.
Sources: Trump directive would seek to control diesel costs and bypass regulations
Three sources report that a Trump directive on diesel would push U.S. department heads to find ways to bypass local and state regulations blocking energy production.
China’s aluminium exports rise to 656,000 tonnes in September
China’s customs data showed unwrought aluminium and aluminium product exports rose to 656,000 tonnes in September from 626,000 tonnes in August.
Palliser urges Samsung to list shares in the US and repurchase preferred stock
Palliser Capital urged Samsung Electronics Co. to list shares in the US and use the proceeds to repurchase preferred stock.
India secures less than 25% of urea sought in tender
India secured less than 25% of the urea it sought in a tender last month.
Japan’s 10-year yield falls to five-week low as BOJ member signals possible rate hikes
Japan’s 10-year government bond yield fell around 7 basis points to 2.93% on Thursday, a five-week low.
US Approves Emergency Swap of Up to 4 Million Barrels of Strategic Reserve Crude
The US energy department approved an emergency swap of up to 4 million barrels of crude oil from the Strategic Petroleum Reserve.
Eurozone Industrial Production Falls More Than Forecast
Eurozone industrial production fell 1.1% year over year, versus a forecast decline of 0.1% and a previous reading of 0.0%.
Ivory Coast weather agency warns of rainfall deficit through early 2027
Ivory Coast’s state weather agency warned of a rainfall deficit through early 2027, as a strengthening El Niño threatens the fragile outlook for cocoa supplies.
China to Pay for Some Zambian Copper Shipments in Yuan
China is set to begin paying in yuan for some copper shipments from Zambia.
Cleveland Fed’s Hammack says more aggressive rate rises may be needed if inflation expectations worsen significantly
Cleveland Fed President Beth Hammack said the Federal Reserve may need to raise interest rates more aggressively if public inflation expectations deteriorate significantly. Her remark was conditional, not an announcement of a rate decision.
Chinese Stocks Fall: Shanghai Near Three-Month Low, Shenzhen at More Than One-Year Low
On Tuesday, the Shanghai Composite fell 1% to 3,761, near a three-month low, while the Shenzhen Component dropped 2.2% to 12,109, a more than one-year low.
China buys additional US soybean cargoes after late-September summit
China purchased more US soybean cargoes, extending this week’s buying spree and marking its first acquisitions since the leaders’ late-September summit.