#industrial-sector

#industrial-sector

The index's rebound from its intraday lows during the Asian session does not reflect genuine strength, but rather a temporary attempt to withstand mounting pressures from economic and political factors. In my view, this consolidation resembles a "waiting phase" before the next clear direction is defined, which makes caution the prevailing theme for now. The latest U.S. private-sector jobs report revealed an unprecedented sharp decline not seen since 2023, with a loss of 32,000 jobs in September, coupled with a downward revision of August's figures.