- Reports suggesting that the possibility that the US and China coordinate the drawdown of strategic oil reserves are light on details, but the suggestion itself is enough to weigh on prices.
- UK house prices rose 11.8% year-over-year in September, up from a revised 10.2% in August. The recent peak was 12.6% in June, which was the highest since 2004.
- The Los Angeles port has reportedly reduced the number of empty containers by around a quarter this month as six news sweeper ships have been brought into operation.
- The Deputy Governor of the Bank of Canada cautioned about the high degree of uncertainty around potential structural shifts in the labor market that make it challenging to gauge full employment with any degree of confidence.
For further details see:
European Gas Jumps, While The Euro And Yen Slump