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Overseas Headlines – October 1, 2025

October 1, 2025

United States:

US Firms Shed 32,000 Jobs in ADP Report After Data Adjustment

 

Payrolls at US companies unexpectedly dropped in September, due at least in part to issues with data analysis.

 

Private-sector payrolls decreased by 32,000 after a revised 3,000 decline a month earlier, according to ADP Research data released Wednesday.

 

https://www.bloomberg.com/news/articles/2025-10-01/us-firms-shed-32-000-jobs-in-adp-report-after-data-adjustment?srnd=phx-economics-v2

 

Europe:

Euro-Zone Inflation Quickens, Backing ECB Caution on Rates

 

Euro-area inflation accelerated in September, cementing the European Central Bank’s plans to keep interest rates steady for now.

 

Having matched the 2% goal in August, consumer prices rose 2.2% from a year ago on energy base effects and services costs.

 

https://www.bloomberg.com/news/articles/2025-10-01/euro-zone-inflation-quickens-backing-ecb-caution-on-rates

 

 

Asia:

Japan’s Manufacturer Sentiment Improves, Backing BOJ’s Hike Case

 

Confidence among Japan’s large manufacturers improved for a second straight quarter, supporting the case for the Bank of Japan to raise interest rates as early as this month.

 

The business sentiment index climbed to 14 from 13 in the three months ending September led by improvements in the ceramics and shipbuilding industries, according to the BOJ’s latest quarterly Tankan business survey Wednesday.

 

https://www.bloomberg.com/news/articles/2025-09-30/japan-s-manufacturer-sentiment-improves-backing-boj-s-hike-case?srnd=phx-economics-indicators

 

 

Disclaimer:

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