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Unclassified
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US authorizes SPR exchange to support fuel supply stability
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French Foreign Minister Barrot: New escalation between Iran and the United States would only have losers and would raise oil prices.
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US S&P PMI October Flash Report
Market news
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US S&P Composite PMI Flash Actual 57.6 (Forecast 57.6, Previous 58.4)
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US S&P Manufacturing PMI Flash Actual 56 (Forecast 55.5, Previous 55.9)
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US S&P Services PMI Flash Actual 57.9 (Forecast 58, Previous 58.8)
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Trump Administration's $8 billion in diesel aid for farmers will not arrive before the November 3rd election - Administration Official
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MOO Imbalance
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Meta: the extension will allow it to explain to partners. Stakeholders about changes Meta Platforms, will extend the implementation date of updated commercial terms to November 20th from October 30th. $META
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China's Foreign Minister Wang Yi: China and the US have the responsibility of managing AI.
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Anthropic: Newer models are less likely to begin an attack
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White House on the localised ceasefire between Ukraine and Russia: Ceasefire will begin on October 29th
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Melania Trump secures Russia-Ukraine ceasefire localized to Oleshky
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Effective fed funds rate 3.88% October 22nd vs 3.88% October 21st
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US proposes further suspension of section 301 investigation into China's targeting of maritime, logistics, and shipbuilding sectors for dominance through January 9th, 2027 - Office of USTR
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American Express to cut 5% of jobs, about 3,500 employees $AXP
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Canadian Retail Sales August Report
Market news
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Canadian Core Retail Sales MoM Actual 1.2% (Forecast 1.1%, Previous -0.7%, Revision -0.8%)
Revised
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Canadian Retail Sales MoM Actual 1.2% (Forecast 1.3%, Previous -0.7%, Revision -0.8%)
Revised
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Passengers are being evacuated from Sheremetyevo Airport near Moscow - RIA
Revised
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Morning Juice – US Session Prep (23rd October)
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Secured Overnight Financing rate 3.90% October 22nd vs 3.88% October 21st.
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Tech Rout Eases & Oil Strength Caps Relief - Europe Market Wrap
Market news
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Russian Interest Rate Decision Actual 14% (Forecast 14%, Previous 14.00%)
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China crude steel output rises 0.1% to 73.6 mln t in Sept 2026 vs Sept 2025 - Worldsteel
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Global crude steel output falls 0.2% to 142.4 mln t in Sept 2026 vs Sept 2025 - Worldsteel
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German ministry spokesperson: electricity tax cut would mean a reduction of about €5 billion in annual tax revenues.
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German government spokesperson: Electricity tax cut is clearly on the agenda, but will be contingent on sufficient budget financing
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Kremlin: Ukraine talks in Abu Dhabi set for early November. Ukraine talks will be in a three-party format - IFX
Revised
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German Chancellor Merz to visit Japan October 28-29th
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China to reduce AI's negative impact on employment - Xinhua
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UK Flash PMI October 2026 Report
Revised
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UK Composite PMI Flash Actual 53.1 (Forecast 51.7, Previous 52.0)
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UK Manufacturing PMI Flash Actual 52.8 (Forecast 51.8, Previous 51.9)
Revised
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UK Services PMI Flash Actual 53.1 (Forecast 51.8, Previous 52.1)
Revised
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UK Treasury Minister Murray: Period of unprecedented global economic unstability
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UK Treasury Minister Murray: The UK is focused on entrepreneurs and helping businesses grow
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UK Treasury Minister Murray: UK budget takes place in an uncertain world
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UK Treasury Minister Murray: UK fiscal rules underpin the economy's stability
Revised
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