Lagarde : ECB has tools to act on bonds / China to resume Oct fuel exports / PIMCO 10's could go to 6%

Markets : Inflation on many everyday items was entirely due to tariffs, NY Fed says, They risk hitting 6% for the first time since 2000, according to Pimco. (FT), OpenAI’s revenue is reportedly $20 billion less than previously projected (cracks start appearing), Apple cuts iPhone 18 Pro orders due to soft demand, THE EUROPEAN UNION trade chief began his mission to China yesterday—but soon got a shock, and it now starts of course 'Lagarde signals ECB ready to counter unwarranted market dynamics'.... (might well calm things down for a while mind...) >>> look for risk of USD peak, Yields 'topping', GOLD, Silver, PALL, XPT lows and likely, possible decent rally from here, BTC etc...reversal of what's been going on last 4-6 weeks in particular..
PIMCO - The world's biggest bond fund just said the US 10yr yield could hit 6%
Trump said the US would “not be attacking Iran” before November’s midterms, citing productive talks between the two countries. Oil fell, Iran reiterates it has "full control" of the Strait of Hormuz
China is set to resume exports of petroleum refined products after a brief halt during its Golden Week holiday, a move that will help ease tight global diesel, gasoline and jet fuel markets.
UK fiscal strategy faces pressure as O’Neill urges smaller budget buffer over tax rises
BMW withdraws its offer of company cars to AfD politicians
FT: SoftBank is in talks with senior Gulf figures, including in the UAE, to raise up to $100B for a fund that would buy companies and apply AI and robotics to their operations.
This doesn't sound too rosy either Nvidia-backed Firmus eyes $3B funding after scrapping $5B IPO: report (NVDA:NASDAQ) | Seeking Alpha
Nury Vittachi on X: "THE EUROPEAN UNION trade chief began his mission to China yesterday—but soon got a shock. It started well enough, with Maroš Šefčovič meeting EU companies in the Asian country. “Day one in China, with one goal: begin rebalancing our EU-China unsustainable trade deficit,” the EU https://t.co/Sv40RZ2HHq" / X
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