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Market News

Location American Market News for 7 October 2026

Australian Dollar-Yen May Have Reached Long-Term Ceiling

Wall Street Journal - 7 Oct 2026 05:05
The Australian dollar-the Japanese yen pair may have reached its long-term ceiling, Citi Research said.
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Gold Ticks Lower as Investors Await Fed Meeting Minutes

Wall Street Journal - 7 Oct 2026 00:40
Gold edged lower in Asian trade ahead of the Federal Reserves September meeting minutes due later in the global day.
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₹159.59 crore salary shortfall: Mizoram's autonomous councils say DA, pay revisions, increments straining finances Mizoram's three autonomous councils are facing a salary shortfall of ₹159.59-crore salary shortfall and appealed seeking intervention from the state government. They said successive pay revisions, DA, annual increm...
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Export bonanza: How this Bengaluru farmer makes ₹50,000 a day by growing baby bottle gourds for Qatar market Farmer Karigowda, who owns a 3.5-acre farm in Karlapura Palya in Bengaluru Urban district, grows bottle gourds that weigh around 500 grams each.
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EPFO shares security advisory: Here's how to safeguard your account, in simple steps The EPFO issued a security advisory urging members to protect personal and financial information. It warned against sharing sensitive data and warned of phishing attempts, emphasizing the use of official portals only whi...
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RBI hikes repo rate by 25bps: What it means and how it impacts you | All FAQs answered The RBI's 25-basis-point repo rate hike on 7 October is aimed at curbing inflation. This increase could raise borrowing costs for loans, affecting monthly repayments, while potential adjustments to deposit rates may ...
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WSJ Dollar Index Rises 0.26% to 97.40

Wall Street Journal - 7 Oct 2026 21:56
The WSJ Dollar Index rose 0.3% - up 14 of the past 18 trading days.
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Bipartisan Duo Asks Lawmakers to Pledge Theyll Accept Midterm Results Plus, big AI players are lining up blockbuster debt deals to pay for chips, and the FlyDubai co-pilot almost carried out his attack in July.
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What happens to FD interest rates after RBI MPC hikes interest rates? Calculation explains basis 25 bps The Reserve Bank of India raised the repo rate by 25 basis points to 5.50%, marking its first increase since February 2023. Here's a look at whether this could impact fixed deposit rates and what any transmission wou...
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U.S. Stocks Fall as Treasury Yields Test Multidecade Highs

Wall Street Journal - 7 Oct 2026 20:53
U.S. Stocks Fall as Treasury Yields Test Multidecade Highs U.S. stocks fell as volatility in Treasury yields sparked concerns about mortgage rates and corporate credit costs.
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Ripple, Cryptos Payments Giant, Breaks Into Wall Street

Wall Street Journal - 7 Oct 2026 20:52
Ripple, Cryptos Payments Giant, Breaks Into Wall Street The crypto firm is emerging as a serious player in financing leveraged ETFs, a lucrative business long dominated by big banks.
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Auction Action Calms Treasurys

Wall Street Journal - 7 Oct 2026 20:50
Auction Action Calms Treasurys Plus, stocks drop from records and Brent crude slips
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Oil Futures Relinquish Early Gains, Settle Lower

Wall Street Journal - 7 Oct 2026 20:34
Oil Futures Relinquish Early Gains, Settle Lower Oil futures gave up early gains and settled lower as the market remained optimistic about crude flows out of the Middle East, although continuing conflict in the region limits pullbacks.
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U.S. Stocks Fall as Treasury Yields Test Multidecade Highs

Wall Street Journal - 7 Oct 2026 20:20
U.S. Stocks Fall as Treasury Yields Test Multidecade Highs U.S. stocks fell as volatility in Treasury yields sparked concerns about mortgage rates and corporate credit costs.
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Want to withdraw money from your provident funds through UPI? Testing starts: Here are 3 things you should know | Report EPFO is testing a UPI withdrawal facility. This will allow subscribers to withdraw their balance more conveniently. Here are 3 things you should know.
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U.S. Treasury Pays Highest Borrowing Costs Since 2000

Wall Street Journal - 7 Oct 2026 19:45
U.S. Treasury Pays Highest Borrowing Costs Since 2000 The 10-year Treasury yield dropped following the governments sale of $39 billion in 10-year notes at a yield of 5.300%.
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U.S. Natural Gas Futures Gain Ahead of Storage Data

Wall Street Journal - 7 Oct 2026 19:35
U.S. natural gas futures settled higher for a fourth straight session as cooler weather forecasts favored early-season heating demand, which could limit storage builds for the remainder of the injection season.
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EPFO wage ceiling hiked to ₹25,000: Likely enhancements in social security coverage - pension, insurance, explained The Cabinet increased the EPF wage ceiling to ₹25,000, expanding coverage for 51 lakh employees. This change, the first in 12 years, raises employer contributions and enhances pension benefits for long-term subscribers...
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5 money lessons from international bestseller I Will Teach You to Be Rich by Ramit Sethi Ramit Sethi's I Will Teach You to Be Rich is an international bestseller. Here are 5 money lessons from the personal finance book.
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Five Things to Know About Tokenized Stocks

Wall Street Journal - 7 Oct 2026 18:53
Five Things to Know About Tokenized Stocks A recent SEC order sets in motion plans to bring stock tokens to the U.S.
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RBI removes Paytm Payments Bank from list of scheduled banks after cancellation of banking licence - What we know The Reserve Bank of India has removed Paytm Payments Bank from its list of recognised scheduled banks due to non-compliance with regulations. The bank's licence, cancelled in April 2023, was deemed detrimental to dep...
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Bajaj Finance raises FD rates by up to 40 bps; senior citizens can earn up to 8.15% - check details Bajaj Finance has raised FD interest rates by 15-40 basis points across 12-60 month tenures. Senior citizens can now earn up to 8.15% on fresh deposits and 8.25% on renewals, while regular depositors can earn up to 7.75%...
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