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Partner Center Oil had a monster day on Thursday, clocking its biggest one-day jump in more than four months. WTI crude popped 5.6% to hit $62 a barrel, while Brent climbed all the way to $66. And no, it’s not because Nobody Wants This Season 2 just dropped and everybody decided to Netflix and chill

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General Outlook Markets start the second week of October amid a U.S. government shutdown that has already delayed the September Non-Farm Payrolls and suspended weekly jobless claims. The ISM Services index for September slipped to 50.0 (from 52.0), signalling stalling momentum and keeping rate-cut e

Trump’s latest tariffs threaten Europe’s pharma sector.UK’s AstraZeneca is shielded from the worst.Further tariffs could be announced in the coming weeks, which could knock sentiment to risk.UK bond yields in focus, as Keir Starmer sees off threat from Andy Burnham.David Einhorn warns on AI risks. S

Japan trade negotiator Ryosei Akazawa said on Friday that US chip and pharma tariff rates won't exceed those to any other country. Akazawa added that he will continue to analyze impact of US tariff measures once they become clear. Key quotes No direct comment on Trump’s new tariff announcements. We’

Markets Yesterday’s European September PMIs were not bad on a headline level but details were unconvincing. More than anything else, they argue for a prolonged pause in the ECB’s normalization cycle to check how previous easing, coupled with the fiscal initiatives, will be filtering through. The mar