News

The yield on Japan's 30-year government bonds fell 2.5 basis points to 4.185%.

On Thursday, October 8, the NI225 index opened down 156.73 points, or 0.22%, to 69,878.98.

According to Business Insider, Amazon's (AMZN.O) latest round of layoffs involves fewer than 1,000 jobs.

Japan's unadjusted current account balance for August was 4,062 billion yen, compared to a forecast of 3,194.6 billion yen and a previous reading of 2,988.9 billion yen.

Japan purchased 1.3246 trillion yen worth of foreign stocks in the week ending October 2, compared with 225.8 billion yen in the previous week.

Foreign investors bought ¥585.7 billion in Japanese bonds in the week ending October 2, compared with a net outflow of ¥1,341.8 billion in the previous week.

Japan's trade balance in August was -687.7 billion yen, compared to a forecast of -803.1 billion yen and a previous reading of -399.9 billion yen.

Japan's seasonally adjusted current account balance for August was 2,523.095 billion yen, compared with an expected 2,136.5 billion yen and a previous value of 2,523.1 billion yen.

Japan's purchases of foreign bonds in the week ending October 2 were -¥347.6 billion, compared to a revised -¥682.3 billion in the previous week (originally -¥684.5 billion).

Foreign investors bought 2.1919 trillion yen worth of Japanese stocks in the week ending October 2, compared with a revised figure of -354.2 billion yen in the previous week (originally -362 billion yen).

Chevron (CVX.N): In response to the tropical storm, production has been halted at four of Chevron's facilities in the Gulf of Mexico, and some additional personnel are being evacuated ashore. Production at the other five facilities in the Gulf of Mexico remains at normal levels. Onshore facilities will continue to follow established storm response procedures.

Japan's August trade balance will be released in ten minutes.

XPeng Motors (XPEV.N): The XPeng G9L has completed its first production trial in Europe.

U.S. Treasury Secretary Bessant: I think the Federal Reserve should remain open-minded, which is exactly what Greenspan did during the dot-com boom of the 1990s. The 1990s were a great era... and we can absolutely recreate that.

Australia's S&P/ASX 200 index opened down 37.10 points, or 0.43%, at 8690.60 on Thursday, October 8.

The Reserve Bank of New Zealand has begun recruiting for two new positions – Assistant Governor for Monetary Policy and Assistant Governor for Payments and Cash.

A Reuters poll indicates that more Japanese companies expect second-half earnings to fall short of initial forecasts, rather than exceed them.

A Reuters poll shows that Japanese companies also view the sustainability of their AI-related investments as a risk factor.

A Reuters poll indicates that Japanese companies believe oil price risks outweigh currency volatility and rising interest rates.

A Reuters poll found that more than a third of Japanese companies consider oil prices to be the biggest risk to their profits.