Financial Markets Update 7 October 2025
Non-sovereign assets jump again but may be running out of steam
Breaking
France’s prime minister resigns less than a month after appointment [FT]
Takaichi Win Jolts Yen and Japanese Bonds, Triggers Stock Surge [Bloomberg]
BOJ keeps cautiously upbeat economic view, warns of wage uncertainty [Reuters]
Rising risk of undershooting would support slight cut in ECB rates, Lane says [Reuters]
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USD/CAD Update 7 October 2025
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Price hasn’t confirmed yet but the third bounce off midline of trend is a strong suggestion of trend being about to break. Now we’re hanging around resistance.