News

BoE’s Bailey calls for stronger financial markets to absorb future shocks

Bank of England (BoE) Governor Andrew Bailey said on Thursday that financial markets need to be better prepared for future shocks and monetary policy must stay focused on bringing inflation back to target.

Source  Fxstreet1791463767
Euro: French debt risk weighs on EUR against US Dollar – ING

Chris Turner at ING highlights that EUR/USD remains fragile as French sovereign debt volatility drives the pair. A report suggesting the French Treasury may shorten issuance duration unsettled investors, who fear reduced pressure on politicians to deliver fiscal consolidation. ING continues to favor a dip in EUR/USD towards the 1.1100/1.1120 area, where stronger technical support may emerge, with French fiscal debates only starting mid-October.

Source  Fxstreet1791463399
Rentokil Initial's 2026 Outlook: Global Route Density Drives Recurring Revenue Expansion

Key PointsRentokil Initial leverages massive global scale to dominate essential pest control and hygiene markets.Integration of the Terminix acquisition continues to create operati

Source  The Motley Fool1791463382
ECB expected to pause in October before hiking rates in December – Reuters poll

The European Central Bank (ECB) is expected to leave interest rates unchanged in October before delivering another increase in December, according to a Reuters poll conducted October 5-8.

Source  Fxstreet1791463140
Data Centers Are Running Out of Transformers. Here's the Industrial Stock With a 3-Year Backlog.

Key PointsEaton's electrical global segment's backlog grew 103% year over year in the second quarter.Eaton's sales also hit a record $8.5 billion in the second quarter, a 21% incre

Source  The Motley Fool1791462900
US Initial Jobless Claims dropped to 197K last week

According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance decreased to 197K for the week ending October 3.

Source  Fxstreet1791462770
WTI and Brent Crude Prices Surge Over 4%: Why Are Oil Prices Rising?

TradingKey - On October 8, international oil prices surged intraday, with both WTI (USOIL) crude and Brent (UKOIL) crude rising by over 5% at one point. Middle East shipping security risks escalated a

Source  Tradingkey1791462155
Europe: Sovereign stress and China trade tensions – Rabobank

Rabobank’s RaboResearch Global Economics & Markets team underscores renewed pressure in European sovereign yields and rising political-economic tensions with China. The report notes sharp moves in French, Italian and Greek bonds and discusses Europe’s struggle with Chinese hybrid vehicle imports.

Source  Fxstreet1791462107
Bond Face-Off: Vanguard Total Bond Market ETF vs. iShares Treasury Bond ETF

Key PointsVanguard Total Bond Market ETF offers significantly lower expenses and higher assets under management than iShares 3-7 Year Treasury Bond ETF.iShares 3-7 Year Treasury Bo

Source  The Motley Fool1791462002
Here's What a $5,000 Investment in SpaceX Stock Could Be Worth in 3 Years

Key PointsSpaceX has a strong combination of both near-term and long-term opportunities. How SpaceX stock performs will come down to revenue growth and the valuation multiple it ca

Source  The Motley Fool1791462000
Euro slips against British Pound on France’s fiscal concerns, central bank signals

EUR/GBP struggles to attract buyers and edges lower on Thursday, remaining on the back foot for a tenth consecutive day as France’s political and budget concerns keep the Euro (EUR) under pressure against major currencies. Traders also assess central bank remarks from both sides of the Channel.

Source  Fxstreet1791461800
Here's What $5,000 Invested in IonQ Stock Could Be Worth by 2030 (Hint: There Could Be Huge Upside)

Key PointsIonQ is the quantum computing leader in accuracy. The company has projected $1 billion in revenue by 2030, but analysts are looking for a lot more. 10 stocks we like bet

Source  The Motley Fool1791461220
Canadian Dollar nears 18-month lows as risk aversion buoys the US Dollar

The Canadian Dollar (CAD) posts marginal losses on Thursday with the safe-haven US Dollar (USD) favoured by the risk-averse mood, as tensions in the Middle East boost Crude prices and the global bond selloff extends.

Source  Fxstreet1791460930
United Kingdom: GDP momentum seen slowing – Deutsche Bank

Deutsche Bank Research, led by Chief UK Economist Sanjay Raja and economist Maui Brennan, nowcasts UK GDP flat in August 2026 after a strong July. They expect services to rise slightly, with declines in production and construction.

Source  Fxstreet1791460853
【US Pre-Market】Oil Surges Over 4%, Three Major Stock Index Futures Fall as Broadcom's $50 Billion AI Chip Financing and Micron Strike Draw Focus

TradingKey - On Thursday (October 8) Eastern Time, surging oil prices and rising US Treasury yields jointly weighed on risk appetite, causing futures on the three major US stock indexes to fall across

Source  Tradingkey1791460800
Amgen Stock Forecast: Pipeline Wins Strengthen Growth Story as MariTide Phase 3 Advances

TradingKey - Amgen (AMGN) has multiple pipeline programs in October that should advance the programs, while newer products help replace the biosimilar and price competition erosion on older products.

Source  Tradingkey1791460800
Tesla Stock Price Forecast: TSLA Faces Resistance at $380, Is the Rally Over or Gathering Momentum?

TradingKey - Tesla Struggles Repeatedly at $380 Resistance: Bullish Continuation or Pullback Ahead?On October 8, Eastern Time, Tesla (TSLA) shares continued to face downward pressure, falling over 1%

Source  Tradingkey1791460636
Nebius Could Become a Global AI Cloud Giant. Here's What Has to Go Right.

Nebius (NASDAQ: NBIS) is scaling rapidly as AI demand accelerates, but the bigger opportunity depends on turning customer commitments into productive capacity with strong capital e

Source  The Motley Fool1791460380
Elon Musk Just Shared Bad News for Intel Shareholders

Key PointsSpaceX and Tesla planned to use Intel's technology for their Terafab joint venture.A report, confirmed by Musk, says Terafab is in talks with Taiwan Semiconductor Manufac

Source  The Motley Fool1791460140
ECB Accounts: Upside risks surrounding inflation outlook

The accounts of the European Central Bank's (ECB) September policy meeting showed that all members viewed the risks surrounding the inflation outlook as being to the upside, as reported by Reuters.

Source  Fxstreet1791459731
ECB officials agree: Eurozone is still saved from second-round inflation effects

The Euro (EUR) is down 0.16% to near 1.1178 against the US Dollar (USD) during the European trading session on Thursday. The major currency pair faces selling pressure as the US Dollar outperforms due to surging United States (US) bond yields.

Source  Fxstreet1791459720
Romanian Leu: Policy on hold as politics weigh – Societe Generale

Societe Generale expects no change from the NBR, keeping the policy rate at 6.50% as political deadlock in Bucharest and Romanian Leu weakness offset the sharp fall in inflation. The bank notes Headline CPI has dropped markedly on base effects. It highlights ongoing government formation uncertainty and warns that prolonged turmoil could jeopardize Romania’s Investment Grade rating.

Source  Fxstreet1791459534
$10,000 in 10-Year Treasuries vs. $10,000 in SCHD -- Which Pays More Passive Income By 2036?

Key PointsThe 10-year Treasury is currently offering its highest rate since 2002. Investors can bank on receiving this fixed-income payment for the next 10 years. SCHD has historic

Source  The Motley Fool1791459302
Polish Zloty: Dovish hold with limited tightening – ING

ING economists Rafal Benecki and Adam Antoniak note that the National Bank of Poland kept its reference rate at 3.75% in October, as expected, with inflation driven mainly by fuel prices.

Source  Fxstreet1791459254
Prediction: These 2 Stocks Will Be Worth More Than Palantir 5 Years From Now

Key PointsCelestica's revenue jumped 62% last quarter as its role in AI infrastructure and AMD's Helios platform expanded rapidly.Growing from nearly nothing, Marvell's custom AI c

Source  The Motley Fool1791458880
Crypto Today: Bitcoin, Ethereum, XRP extend sell-off amid ETF outflows

Bitcoin (BTC) extends its decline below $83,000 on Thursday as heightened selling pressure weighs on the market. Leading altcoins, including Ethereum (ETH) and Ripple (XRP), mirror the sector-wide pullback, with ETH dipping under $2,600 and XRP challenging support at $1.40.

Source  Fxstreet1791458839
British Pound: Euro weakness drives Sterling gains - MUFG

Lee Hardman at MUFG highlights that the Pound has rallied sharply against the Euro as Euro-zone fiscal concerns intensify, driving EUR/GBP to fresh year-to-date lows.

Source  Fxstreet1791458739
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