Breaking news today: LiveBytes recap from investingLive.com

Breaking news today: LiveBytes recap from investingLive.com

• What’d You Miss? Catch our exclusive market recap: Gold, Bitcoin, oil, stocks, and policy moves from our editors.

LiveBytes is the rolling tape of bite-sized market updates at the top right of the investingLive.com homepage (formerly ForexLive). Pop in during the day - your next investing or trading opportunity may be there!

• Risk tone held up through Asia

  • Nikkei printed another record high while the USD eased.

  • Gold first pushed above 3,650 and later pressed the 3,700 psychological test.

  • Oil hovered near 63, with bulls still in control.

  • Bitcoin futures climbed toward 114k, with some bulls eyeing 117,055 as a monthly magnet.

  • NVDA closed +0.77% at 168.31, keeping the dip-buy vs trap debate alive.

• Policy and macro narratives

  • Goldman Sachs CEO David Solomon argued there is no need for rapid Fed cuts, noting risk appetite remains firm.

  • Morgan Stanley’s Mike Wilson framed near-term volatility as a possible springboard for a stronger year-end rally.

  • MUFG projected EURUSD above 1.20 by year-end on Fed easing with the ECB on hold.

  • The Long-Term Stock Exchange floated shifting US earnings disclosures from quarterly to semiannual.

• FX and central banks

  • The PBOC set a stronger-than-expected USD/CNY fix at 7.1008 vs a 7.1225 estimate, the firmest since Nov 6, 2024.

  • Asia-Pacific FX wrap: USD down as gold and Japan equities firmed.

  • Japan set an Oct 4 LDP leadership vote, with local media flagging a full spec format.

• Data and sector signals

  • US labor: survey showed the probability of finding a job at a record low.

  • Australia: consumer sentiment fell 3.1% m/m, while business conditions edged back to long-run averages.

  • New Zealand: manufacturing sales declined in Q2.

  • UK: like-for-like retail sales up 3.1% y/y in August.

  • Lumber futures slumped about 24% from August highs, flashing a housing risk warning.

  • ANZ outlined roughly 3,500 job cuts by Sep 2026.

• Politics and headlines to watch

  • Trump chatter looked more noise than market-moving as of this feed.

  • Earthquake of magnitude 5.2 was reported near Athens.

  • China and Canada held in-depth talks focused on economic cooperation.

Taken together, the tape leaned risk-on into the Asian session, supported by a softer USD, records in Japan, and fresh highs in gold, while cracks in labor data and a lumber slide kept a check on euphoria.

This is not financial advice. LiveBytes is actionable news where you may find your next trading and investing opportunity. Please come and check it out on the top right of the investingLive.com homepage. And see you on our next LiveBytes recap!