⁍ Profits at China’s industrial firms rose for a fifth straight month in September.

---

⁍ South Korea’s economy roared back to growth, official data showed.

---

⁍ Growing wariness about the U.S. presidential election kept a lid on large currency movements.

---

– The dollar was little changed against most major currencies today, thanks in part to a rebound in Asian markets, Reuters reports. But the dollar was lower against the euro, yen, and pound, and slipped a little against the Aussie and kiwi. “Trade numbers in Asia have been improving. Most countries are now reporting positive year-on-year export growth,” one analyst says. “For now, that is helping to offset nervousness about the COVID outbreaks in Europe.” Still, investors were keeping an eye on the US presidential election, with data showing that long bets on a victory for Joe Biden shrank for a fourth straight week. “People are wary of putting on fresh positions given the event risk,” one strategist says. “Price action over the next one week may remain choppy. The view we’ve taken is that the medium-term dollar bearish dynamics remain in place, irrespective of who comes to the White House. The short-term part may be affected by the outcome, and we believe that a Biden win is likely to accelerate the dollar downside.”