Key Takeaways:

Exchange Rate Market Snapshot
The USD Dollar Index (DXY) closed the week 0.17% lower at 106.044.
EUR/USD closed the week 0.15% higher at 1.0586.
USD/JPY closed the week 0.02% lower at 149.32.
AUD/USD closed the week 0.79% lower at 0.6383.

RMB Interest Rate Market Snapshot
Money market: The overnight Shanghai Interbank Offered Rate (Shibor) and the overnight fixing repo rate closed at 1.60% and 1.56%, respectively. The 7-day Shibor and the 7-day fixing repo rate closed the week at 1.76% and 1.80%, respectively.
Secondary market: The yield on the 10-year China Government Bond (CGB) remained flat W-o-W, closing the week at 2.73%. The yield on the 5-year China Development Bank (CDB) bonds fell 1 bp to close at 2.55%.
Primary market: There were no CGBs or policy bank bonds auctioned during the week.

RMB Credit Bond Market Snapshot
Primary market: A total of seven super & short-term commercial papers (SCPs) were issued with an aggregate size of RMB7 billion.
Secondary market: The yields on commercial papers (CPs) and mid-term notes (MTNs) fell in choppy trading, with the enterprise bond yields moving sideways within a narrow band.

FCY Interest Rate Market Snapshot
The price of US Treasuries went down, with the 10-year US Treasury yield closing the week 23.0 bps higher at 4.801%.
The price of German Government Bonds was range-bound, with the 10-year yield closing the week 4.5 bps higher at 2.884%.

Precious Metals Market Snapshot
The gold price fell 0.87% to close the week at USD1,832.26 an ounce.
The silver price fell 2.57% to close the week at USD21.59 an ounce.
The platinum price fell 3.04% to close the week at USD876.93 an ounce.
The palladium price fell 7.05% to close the week at USD1,157.91 an ounce.
Crude Oil Market Snapshot
The WTI crude oil futures fell 8.77% for the most-active contracts, closing the week at USD82.81 per barrel.
The Brent crude oil futures fell 8.34% for the most-active contracts, closing the week at USD84.43 per barrel.
Base Metals Market Snapshot
The LME 3-month copper price fell 2.78% to close the week at USD8,045.00 per tonne.

Agricultural Products Market Snapshot
The CBOT soybean futures fell 0.88% for the most-active contracts to close the week at 1,263.75 US cents a bushel.

Natural Gas Market Snapshot
NYMEX natural gas futures climbed 13.65% for the most-active contracts, closing the week at USD3.330 per million British thermal units.

Please see attached.
ICBC Markets Weekly - October 2-8, 2023.pdf