Instant View: Soft September jobs report sends markets higher By Reuters

• Wall Street stocks opened higher on Friday following the release of softer payrolls data and a decline in Treasury yields. • Lower yields and employment figures lifted investor sentiment during the morning trading session.

• Oil prices decreased recently as traders balanced geopolitical tensions between the U.S. and Iran against a recovery in global supply. • Shares of Seagate and Western Digital fell following news that Toshiba is expanding its hard disk drive production.

• US stocks rose on Friday after weak jobs data lowered expectations that the Federal Reserve will raise interest rates at its upcoming policy meeting. • The Dutch eyewear chain Hans Anders suspended sales of Meta's Ray-Ban smart glasses in the Netherlands and Belgium due to privacy concerns.

• European stock markets closed higher on Friday, October 2. • The pan-European STOXX 600 index rose 0.7% to 630.95 points, while Germany's DAX index gained 1.12% to 25,222.06 points.

• Group of Seven countries agreed to release tens of millions of barrels of diesel fuel and crude oil to lower rising gas prices. • This action follows a previous release of 400 million barrels in March intended to stabilize global energy costs.

• European Central Bank Vice President Boris Vujcic recently called for the simplification of banking regulations across Europe rather than a reduction in capital requirements. • Vujcic argued that maintaining robust capital requirements—the amount of liquid assets banks must hold to ensure stability—is essential for supporting long-term economic growth.

• France unveiled a €43 billion austerity package on October 1 to address its rising national debt. • The OAT/Bund spread, which measures the difference in yield between French and German government bonds, surpassed 130 basis points as debt reached 121.7% of GDP.

• Global financial markets are currently facing rising borrowing costs while France manages political instability regarding its national budget. • The euro is experiencing notable fluctuations against the U.S. dollar as Europe continues to struggle with broader economic challenges.

• European Union house prices rose 4.7% year-on-year during the second quarter of 2026. • Portugal, Bulgaria, and Spain recorded double-digit price gains, while prices decreased in Finland, Luxembourg, and France.

• European Union diesel prices reached a record €2.24 per litre on October 1, 2026. • This price represents a 41% increase from pre-war levels and has pushed costs above $10 a gallon in countries like France, Germany, and Denmark.

• Emerging Asia policymakers excluding China are facing economic pressure in October 2026 due to a strong US dollar and a lingering energy shock from the first quarter. • Malaysia and Indonesia currently hold a 200 basis point premium in 10-year real yields, which are the returns on bonds after adjusting for inflation.