In the United States, mortgage applications increased by 8% in early October. This marks an improvement from the previous decrease of 12.7%.

In currency markets, GBP/JPY rose to 205.00 as expectations for a Bank of Japan rate hike subsided. USD/CHF gained strength due to a firm US Dollar amidst US shutdown concerns and speculation of an SNB rate cut.

 

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Mortgage applications in the United States rose to -4.7%, up from -12.7% previously