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Stocks cautious in Asia as oil gains, yields rise
Rising oil prices and Treasury yields deepened pressure on equities as traders weighed inflation risks and the chance of further Federal Reserve tightening.
- Bitcoin rose 0.42 percent to $85,206 on Friday, October 2, 2026, the day the U.S. economy added just 29,000 jobs against a 90,000 forecast, triggering a liquidation wave that pushed the price toward $86,000.
- Softer-than-Expected payroll data shifted Federal Reserve rate expectations dramatically; markets priced an 18 percent October rate-hike probability down from 70 percent a week earlier, easing pressure on the central bank to tighten further.
- CoinShares reported $3.55 billion in digital-asset inflows for the week to September 29, including $2.52 billion into Bitcoin funds, following a nine-day streak before a $148.7 million outflow on September 30.
- Short sellers faced forced covering as Bitcoin surged, with liquidation data from exchanges showing incomplete but significant position closures, though analysts noted $82,000 as a downside marker and $87,500 as a squeeze-acceleration level.
- Citi raised its 12-month Bitcoin target to $113K and Ethereum to $3,028, citing ETF inflows and regulatory tailwinds, yet sustained momentum depends on Treasury yields remaining stable as the short-squeeze dynamics unwind.
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elnorte.com
elnorte.comThe dollar went back to $18,1561 this Friday, but the Mexican currency accumulated a loss of 2.7%, its worst weekly performance since March.
·Monterrey, Mexico
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Disappointing job growth in the US gives the Fed arguments not to rush into a new interest rate hike. According to analysts, moderate wage increases also indicate that inflation remains limited. Employment in the world's largest economy increased by 29,000 jobs. The initial drop in interest rates boosted stock prices, which are losing some of their gains halfway through the trading day.
·Amsterdam, Netherlands (Kingdom of the)
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Total News Sources361
Leaning Left51Leaning Right45Center94Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 27%
C 49%
R 24%
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