MUFG’s Derek Halpenny notes that rising rates volatility is driving a broader unwind of EM FX carry trades, with LatAm currencies under particular pressure. USD/MXN has surged and MXN long leveraged positions are being squeezed as implied volatility jumps.

The Euro (EUR) is practically flat against the US Dollar (USD) on Friday, with the EUR/USD pair trading at the mid-1.1200s, still close to the 16-month low of 1.1210 hit on Thursday.

Bitcoin (BTC) extends its gains, trading near $86,000 at the time of writing on Friday after closing September 6.33% up, reversing its seasonal weakness. Historical data suggest October could be a strong month for BTC, especially after a positive September.

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $61.24 per troy ounce, up 0.43% from the $60.98 it cost on Thursday.

ING’s Chris Turner argues that the French debt sell-off has broken the narrative of ever-higher short-term rates and raised doubts about further European Central Bank (ECB) tightening.

Eurozone’s preliminary Harmonized Index of Consumer Prices (HICP) data for September arrives at 3.8% Year-on-Year (YoY), higher than 3.6% estimates and August’s final reading reading of 3.2%. On a monthly basis, inflationary pressures grew at a faster pace of 0.6% against the prior release of 0.4%.

The Japanese Yen (JPY) trades higher against the US Dollar (USD) ahead of the United States (US) Nonfarm Payrolls (NFP) data for September, which will be published at 12:30 GMT.

Deutsche Bank’s Early Morning Reid team reports that the S&P 500 broke a three-day losing streak, helped by a pullback in US Treasury yields and more dovish FOMC commentary. Despite strong US data and earlier upward pressure on yields, markets now price a much lower probability of an October Fed hike, supporting US equities into the upcoming jobs report.

The British Pound (GBP) shows marginal gains against the US Dollar (USD) on Friday, with the GBP/USD pair trading just above 1.3200, yet unable to take any significant distance from the four-week lows at 1.3180 hit on Thursday.

ING’s Chris Turner notes that the French debt sell-off triggered a reassessment of global rate expectations, but US short-dated yields only corrected modestly.

The United States (US) Bureau of Labor Statistics (BLS) is set to release September Nonfarm Payrolls (NFP) data on Friday at 12:30 GMT. 

Commerzbank’s Michael Pfister argues that rising global bond yields and mounting government debt concerns are increasingly supporting the Swiss Franc over the Euro. He notes Switzerland’s debt brake and relatively sound public finances as key advantages.

The Australian Dollar (AUD) turns flat at around 109.50 against the Japanese Yen (JPY) during the European trading session on Friday after recovering early losses.

브렌트 선물 (UKOIL-F) 종목은 10월2일 04:10(ET)에 2.56% 하락하여, 현재 가격은 $99.59이고, 최근 7일간 2.01% 상승했습니다.오늘 브렌트 선물(UKOIL-F) 주가 하락의 요인은 무엇인가요?브렌트유 선물의 가격 하락은 실물 공급 우려가 완화되고 공식 비축유 방출 논의가 탄력을 받으면서 글로벌 원유 수급 전망에 대한 전반적인 재

브렌트 원유 (UKOIL) 종목은 10월2일 04:00(ET)에 2.03% 하락하여, 현재 가격은 $99.57이고, 최근 7일간 2.20% 상승했습니다.오늘 브렌트 원유(UKOIL) 주가 하락의 요인은 무엇인가요?브렌트유 가격 하락은 주로 당장의 현물 공급 병목 현상 완화와 단기 지정학적 리스크 프리미엄 재조정에 따른 것이었습니다. 주요 지역 요충지를 통과

European Central Bank (ECB) official and Finnish Central Bank Governor Olli Rehn said during the European trading session on Friday that elevated energy prices bring us closer to the central bank’s adverse scenario for inflation.

WTI 선물 (USOIL-F) 종목은 10월2일 03:45(ET)에 2.19% 하락하여, 현재 가격은 $90.82이고, 최근 7일간 2.06% 하락했습니다.오늘 WTI 선물(USOIL-F) 주가 하락의 요인은 무엇인가요?서부텍사스산원유(WTI) 선물 가격의 하락은 몇 주간 이어진 강한 상승세 이후 나타난 차익 실현과 함께 미국 상업용 원유 재고가 예상치 못

US 10-year Treasury note yield holds around 5.25% on Friday, pulling back from multi-decade highs as mounting concerns over France’s fiscal and political stability spurred demand for safe-haven assets. Despite this slight retreat, US yields remained near levels not seen since 2002.

미국 원유 (USOIL) 종목은 10월2일 03:35(ET)에 2.01% 하락하여, 현재 가격은 $90.154이고, 최근 7일간 2.33% 하락했습니다.오늘 미국 원유(USOIL) 주가 하락의 요인은 무엇인가요?서부텍사스산원유(WTI) 가격의 하락세는 주로 실물 공급 제약 완화 신호와 중동 산유국들의 해상 원유 수출 물량의 뚜렷한 회복세에 기인했습니다. 걸

Deutsche Bank analysts describe EUR/USD weakness as European spreads widened and bank stocks sold off. The Euro fell sharply against the Dollar, while markets questioned whether the European Central Bank could deliver another rate hike this year.

Commerzbank’s Michael Pfister and Volkmar Baur highlight that the Japanese Yen is struggling as a safe haven despite risk-off conditions. Rising Japanese debt concerns and the Bank of Japan’s (BoJ) rate hikes are seen eroding its traditional crisis appeal.

Deutsche Bank notes that Gold prices edged higher alongside broader risk-off moves and rising financial stress in Europe. While the report focuses more on bonds, equities and energy, Gold’s advance came as volatility ticked up and investors digested geopolitical risks and shifting central bank expectations ahead of key US and Euro Area data releases.

Crude Oil prices show a moderate pullback on Friday as news of increased exports from Gulf countries offsets concerns about stalled US-Iran peace negotiations.

Here is what you need to know on Friday, October 2:

EUR/CAD rises after posting modest losses in the previous day, trading around 1.6010 during the early European hours on Friday. Traders are turning their attention to the upcoming preliminary Eurozone Harmonized Index of Consumer Prices (HICP) data for September, set to be released later in the day.

The British Pound (GBP) consolidates against the Japanese Yen (JPY), which is outperforming its currency peers on Friday. At press time, GBP/JPY is flat at around 208.55.

The AUD/USD pair gathers strength to around 0.6940 during the early European trading hours on Friday. Markets might turn cautious later in the day ahead of the key US economic data and escalating conflicts in the Middle East.