Prop firm news

US labor market report on Friday: the Fed rate is already 4%, 10-year yields are heading toward 5.20%

On Friday, October 2, at 15:30 Moscow time, the US employment report is released. This week this is the main macro event: the bond market has already repriced levels, and the Fed raised rates for the first time in more than three years. The Employment Situation release is indeed scheduled for October 2 at 08:30 ET, that is, 15:30 Moscow time.

Gold fell below $4,200 - lowest since August 5

XAU/USD dropped below $4,200 and hit a nearly two-month low. Gold is under pressure from expectations of further Fed rate hikes, high US Treasury yields and a stronger dollar.

Williams from the Fed: the main challenge is inflation

New York Fed President John Williams said that risks to employment have decreased, and inflation remains the key problem. The dollar responded with growth.