According to the Associated Press: The U.S. Department of Defense told Congress that Ukraine is short of funds.

Fed Chairman Powell: As the economic expansion gets longer and longer, wage growth flows more to the lower part of income.

Fed Chairman Powell: In order to achieve this goal, price stability needs to be maintained, and the Fed is very focused on achieving this goal.

Italy’s new car sales in September increased by 22.78% year-on-year.

Spot platinum fell 2.9% on the day to its lowest level since October 2022.

Fed Harker: The Fed is committed to "stabilizing prices and maximizing employment."

The inversion in the U.S. 2-year and 10-year Treasury yields narrowed to the lowest level since May, at negative 43 basis points.

Spanish Energy Minister: I support the Netherlands’ call to phase out fossil fuel subsidies.

The U.S. 30-year Treasury bond yield rose 10 basis points to 4.80% during the day.

Belarusian President Lukashenko: GDP is expected to grow by 3.8% in 2024.

Market news: The President of Belarus has instructed to control inflation at 6% in 2024.

The Central Bank of Ukraine: Estimates the current hard currency deficit to be below $3 billion and is prepared to intervene in the foreign exchange market.

S&P: France maintains huge deficit target for 2024 amid slow fiscal consolidation plan.

The UK 10-year government bond yield rose to 4.572%, the highest level since August 23, rising 13 basis points during the day.

Mann, a member of the Bank of England’s monetary policy committee: Real interest rates have only recently turned positive. Monetary policy has only recently become tighter.

The Nasdaq Composite rose 1% and the S&P 500 rose 0.24%.

Mann, a member of the Bank of England’s monetary policy committee: I am a hawk on interest rate policy.

Fed Chairman Powell: The Fed’s focus is a healthy economy.