News

Sources say that the trade ministers of Canada and Türkiye reached an agreement this week to accelerate the trade negotiations.

Canadian Prime Minister Mark Carney will become the first Canadian leader to make a special trip to Turkey.

Russia's final GDP figure for the second quarter showed a year-on-year growth of 1.3%, consistent with the preliminary estimate.

Pakistani security sources say two unarmed Pakistani civilians were killed when Indian border security forces opened fire.

International Energy Agency Executive Director Fatih Birol: Oil prices have begun to fall.

The UK Maritime Trade Operations Office reports that an oil tanker was struck by an unidentified projectile while departing from the Strait of Hormuz. A small fire broke out on board, and power was lost. There are no reports of injuries or environmental impact.

The German DAX 30 index closed up 301.79 points, or 1.21%, at 25241.14 on Friday, October 2nd; the UK FTSE 100 index closed up 31.68 points, or 0.30%, at 10459.95 on Friday, October 2nd; and the FCHI index closed up 61.88 points, or 0.79%, at 7897.19 on Friday, October 2nd. The Euro Stoxx 50 index closed up 64.30 points, or 1.04%, at 6239.75 on Friday, October 2nd; the Spanish IBEX 35 index closed up 76.03 points, or 0.40%, at 19081.33 on Friday, October 2nd; and the Italian FTSE MIB index closed up 252.64 points, or 0.50%, at 50490.50 on Friday, October 2nd.

According to Interfax news agency: Russian President Vladimir Putin observed military exercises in the Chelyabinsk region of Russia.

U.S. Secretary of State Marco Rubio and the King of Jordan discussed the issues of Lebanon, Hezbollah, and Syria.

U.S. Secretary of State Marco Rubio spoke with King Abdullah II of Jordan.

U.S. Treasury yields reversed earlier losses; the 10-year yield was last up 0.91 basis points to 5.243%, and the 2-year yield was last up 2.52 basis points to 4.812%.

TD Securities: The Federal Reserve is expected to raise interest rates in December and March, up from previous expectations of October and January.

According to Interfax news agency, Russia is seeking to seize the assets of FIDE President Turlov.

According to Yonhap News Agency, an official from South Korea's Ministry of Trade, Industry and Energy stated that the $8.4 billion oil project mentioned by US President Trump is not part of the South Korea-US agreement.

Pakistan's Energy Minister stated that Pakistan possesses abundant water resources with hundreds of exploitable sites. Pakistan is inviting Russian companies to assist in developing these sites for hydroelectric storage and power generation.

G7 leaders issued a statement: We will continue to impose sanctions on Russia.

The French presidential palace stated that the possibility of further releasing reserves will be discussed in the coming days.

The French presidential palace announced that a large amount of diesel reserves will be released within the first 20 days.

The yield on German 2-year government bonds fell less, closing almost flat at 3.0532%.

The yields on 2-year and 5-year U.S. Treasury bonds have returned to levels seen before the release of the non-farm payroll data.