In the week ending September 29, the European Central Bank’s Emergency Anti-Epidemic Purchase Program (PEPP) holdings decreased by a net 3.186 billion euros, compared with a decrease of 962 million euros in the previous week.

Market news: Yahoo will spin off its enterprise-grade AI scaling engine Vespa into an independent company.

Government of India Notification: Certain provisions of the insolvency regulations are not applicable to transactions related to aircraft, aircraft engines, airframes and helicopters.

U.S. natural gas futures extended gains, rising to their highest since March 2023.

The Stoxx Europe 600 index expanded its gains to 0.5%, reaching its highest point of the trading day.

Sales of light vehicles and sedans in Russia increased by 120.5% year-on-year in September.

Market news: Peter Hayes, head of BlackRock’s municipal debt unit, will retire in 2024.

Average daily contract trading volume on Intercontinental Exchange increased 6% in September.

International Copper Research Group: Global explicit refined copper use is expected to grow by approximately 2% in 2023 and 2.7% in 2024. The world is expected to experience a deficit of approximately 27,000 tons in 2023 and a surplus of approximately 467,000 tons in 2024.

International Copper Research Group: Global refined copper production is expected to grow by approximately 3.8% in 2023 and 4.6% in 2024.

Russian Deputy Prime Minister Novak: We will continue to monitor fuel prices in Russia.

Russian Deputy Prime Minister Novak: OPEC+ may adjust its decision-making if necessary.

U.S. automated data processing company ADP: Wage growth slowed again in September. Wages for employed people increased by 5.9% year-on-year, marking the 12th consecutive month of slowing growth. Salary increases for those changing jobs also fell to 9% from 9.7% in August.

Russian Deputy Prime Minister Novak: The global oil market is balanced and supply and demand are consistent.

Russian Deputy Prime Minister Novak: We have seen stable fuel prices.

Russian Deputy Prime Minister Novak: Russia has fully fulfilled its obligations to the oil market.

Russian Deputy Prime Minister Novak: The ban on Russian fuel exports has had a positive effect.

U.S. automated data processing company ADP: Growth in September was the slowest since private employers cut jobs in January 2021. Large businesses were blamed for the slowdown, losing 83,000 jobs, erasing growth in August.

ADP chief economist Nela Richardson: The decline in employment this month has increased. Additionally, we have seen wages steadily decline over the past 12 months.