Here is what you need to know on Monday, October 2: Financial markets held steady during the Asian trading hours on Monday amid thin trading condition
Financial markets held steady during the Asian trading hours on Monday amid thin trading conditions, with stork markets in China, Hong Kong and India remaining closed for holidays. In the second half of the day, September ISM Manufacturing PMI survey will be featured in the US economic docket. Market participants will also pay close attention to comments from Federal Reserve officials, includingOver the weekend, US Congress passed a stopgap funding bill to avert a government shutdown.
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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.EUR/USD is consolidating in a narrow range below 1.0600 in early Europe on Monday. The pair keeps its calm amid a steady US Dollar, higher US Treasury bond yields and a cautious mood. US ISM PMI and Powell's speech in focus. GBP/USD is trading around 1.2200, struggling to gain any meaningful traction in the European trading on Monday.
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