However its still on the drop. JR

October just started. ..

Restrict to restrictions to avoid the crash.  Its now rates the key part or toy to politicians expectations on their road. Question is where is the road leading to while the highways are straight forward into illuminati already meet me point orchestrated. See the strength of Germany to upfront its losing moment on a silence moved of its industry.  Keeping the head up as proudly could be. HSBC is the controller room of the process to uncontrolled economy under its rules. Whom to dispute?
Other facts are on the chess game and bishops are leading the played.   JR

The Fed will publish the minutes of its September meeting later today, which may illuminate what it would take to raise rates in 2015. However, most market players feel reaction to the minutes will be limited, since a weak U.S. jobs report last week strengthened expectations a rate hike will be pushed off until next year. Speakers today also include St. Louis Fed President James Bullard, Minneapolis Fed President Narayana Kocherlakota and San Francisco Fed President John Williams.

What's the next stop for Treasury yields? HSBC just lowered its forecasts, stating the Fed won't be as aggressive in raising rates and bonds will be supported by accommodative policy from the ECB. The benchmark U.S. 10-year yield has already tumbled 26 basis points since September 16, the day before the Fed left its record low benchmark rate unchanged and stated recent global developments "may restrain economic activity...and are likely to put further downward pressure on inflation." HSBC now sees 10-year Treasury yields ending the year at 2.1% and falling to 1.5% by the end of 2016.

German exports have slumped the most since the height of the 2009 recession in another sign Europe's largest economy is losing momentum in Q3. Foreign sales slid 5.2% to €97.7B M/M and imports tumbled 3.1% to €78.2B, narrowing the trade surplus to €19.6B. The data follows sharp declines in industrial orders and output in August, suggesting waning demand from abroad may be leaving its mark on Germany.

Deepening the country's political and economic crisis, Brazil's Federal Accounts Court has ruled President Dilma Rousseff manipulated government budget figures in 2014, just a day after the nation's highest court permitted a lawsuit to annul last year's presidential election. The move paves the way for a potential impeachment against the embattled leader, although any ouster would likely take months and has no guarantee of succeeding.

Chinese stocks reopened with a bang today after the market came back online for the first time since last Wednesday. "China is back from its week-long National Day celebrations and has plenty to catch up on," said Evan Lucas, market strategist at IG. Since the market closed on October 1, Hang Seng has risen 8%, while H-shares (Chinese companies that trade on the Hong Kong stock exchange) have gained 10.5%. Shanghai +3% to 3,143.

However, Japanese shares snapped a six-session winning streak as main indexes were hit by weak data and profit taking. The country's core machinery orders unexpectedly dropped 5.7% in August from the previous month, casting doubt on the strength of capital expenditure. The data is also the latest in a series of signs surrounding Japan's troubled economy. Nikkei -1% to 18,141.

Data FROM SAlpha and other economic sources.  JR