Ethereum Spot ETF Total Net Inflow of $20.1032 Million Yesterday, No Net Outflow from Nine ETFs

Reuters, October 8 – The EUR/USD monthly chart is currently forming two bearish signals, which may both be confirmed by the October closing price: first, a break below the lower bound of a range that has been maintained for more than a year; second, a close below the 100-month moving average. After rising from 1.0125 to 1.1830 between February 2025 and July 2025, EUR/USD consolidated sideways within a range of 1.1325 to 1.2084. Based on closing prices, the 200-month moving average (currently at 1.1825) constituted most of the upper resistance for this range, while the 100-month moving average (currently at 1.1194) provided support. Dragged down by fiscal concerns, the pair dropped from slightly above 1.1700 in August to a low of 1.1161 in October, with the euro hovering near a 17-month low. Key drivers include mounting fiscal and political risks in the Eurozone, rising global bond yields, and a resilient dollar supported by high energy prices and hawkish Federal Reserve expectations. Confirmation signals: The month has only just begun, and the trend remains uncertain; the spot price is currently almost exactly at the 100-month moving average (100-MMA). If the monthly closing price falls below 1.1325, it would confirm a range break; a close below 1.1194 would confirm the second signal. If both occur, deeper support levels could be tested before year-end. Key levels: Fibonacci retracements for the rally from 1.0125 to 1.2084 show the 38.2% retracement at 1.1336. This coincides with the range bottom, reinforcing its resistance role in any rebound. The 50% retracement is at 1.1105 and serves as the first target on the downside. The upper edge of the Ichimoku cloud on the monthly chart is at 1.0938, between the 50% and 61.8% retracement levels. The 61.8% retracement is at 1.0873, representing a deeper downside target. Momentum indicators: The monthly RSI is trending downward, and the 14-month momentum indicator is negative, both supporting a bearish outlook. Invalidation condition: If the exchange rate rebounds and the monthly close returns above 1.1325, the above signals will be invalidated and the pair will revert to range trading. For more, refer to FXBUZ EUR/USD Monthly Chart: https://fingfx.thomsonreuters.com/gfx/buzz/zdvxeqlxzpx/Pasted%20image%201791448056243.png (For the convenience of non-native English readers, Reuters provides automated translations of its reports into several other languages. As automated translations may be inaccurate or lack the required context, Reuters does not guarantee their accuracy and provides them solely for readers’ convenience. Reuters accepts no responsibility for any harm or loss arising from use of the automated translation function.)

Amid the sell-off of French government bonds, 215 billion euros worth of corporate bonds now yield less than government bonds, with the scale increasing 18 times this year as investors turn to high-quality corporate debt for risk aversion.

Samsung Electronics’ preliminary operating profit for the third quarter reached 10.74 trillion KRW, up 20% quarter-on-quarter and surging 782% year-on-year. Citi stated that the core driving force behind this explosive performance is the strong recovery of its semiconductor business, which is sufficient to offset the negative impact of unfavorable currency exchange rates, bonus expenses, and losses in the mobile division. With the ramp-up of HBM4 production and a significant increase in ASP, Citi is optimistic about Samsung’s earnings flexibility in 2027 and maintains its buy rating.

Republishing the BUZZ report released on Wednesday without modification: October 8 - PepsiCo (PEP.O) shares fell 1.4% on Wednesday, closing at $124.02. The company is set to release its quarterly earnings before the market opens on Thursday, with investors closely watching whether tighter consumer budgets are exerting pressure. According to data from London Stock Exchange Group (LSEG), Wall Street expects the carbonated drinks and snack giant’s third-quarter revenue to rise about 4% year-over-year to $24.96 billion, with adjusted earnings per share (EPS) at $2.29, flat compared to the same period last year. In the previous quarter, PEP’s revenue exceeded expectations, but the company warned that performance in North America would slow due to tighter consumer budgets. Facing cost pressures and the threat from GLP-1 weight loss drugs, PepsiCo is running out of time to meet the growth and profit margin targets set after activist investor Elliott Management invested approximately $4 billion a year ago. (link) So far this year, PEP’s share price has fallen about 14%, underperforming the S&P 500 Soft Drinks & Non-alcoholic Beverages Index (.SPLRCBEVS), which is up about 8%, and the S&P 500 Consumer Staples Index (.SPLRCS), up 6%. The stock’s recent price-earnings ratio is 14, below its five-year average of 21. Among 25 analysts, 7 recommend “strong buy” or “buy”, 17 recommend “hold”, and 1 recommends “sell”. The median target price is $152, down from $170 on July 7. (For the convenience of non-English speakers, Reuters provides automated translations of its reports into several other languages. As automated translations may be inaccurate or may not capture the required context, Reuters does not guarantee the accuracy of automated translation texts and provides them solely for readers’ convenience. Reuters accepts no liability for any damage or loss caused by the use of the automated translation feature.)