Wolf Money(world market review 29 Sept - 5 Oct 2025)
Image credit: GRACIOUSQUOTES.COM) Market Summary 29 Sept – 5 Oct 2025 *USA* -White House: mass layoffs of US federal workers are “imminent” and could result in ppl permanently losing their jobs within days -Trump: there would be firings and project cuts if US shutdown continues -US federal shutdown will cut off vital economic data -Fed Vice chair pointed out a significant slowdown in economic growth for H1; US GDP annual growth stood at 1.6% vs 2.4 in 2024 -US Consumer Confidence Index slid 3.6 pts in Sept to 94.2 on labour market worries, lowest level since Apr 2025 + US Composite PMI Output at 53.9 in Sept, vs 54.6 in Aug ± US ISM Services PMI fell to 50 in Sept from 52 in Aug -US Business Activity Index declined from 55 to 49.9 in Sept; employment index at 47.2 vs 46.5 in Aug ± US New Orders Index down from 56 to 50.4 in Sept; Supplier Deliveries index up from 50.3 to 52.6 -US report shows hiring at lowest since 2009, jobless level bar...