Global Markets in Focus: GBP/USD Dips, Tech Giants Face EU Scrutiny, PBOC Holds Steady

Currency Market - The GBP/USD currency pair has declined by 0.2%, trading at 1.3274, influenced by a stronger U.S. dollar and concerns regarding the UK economic outlook [3][8]. Technology Sector - The EU Commission is formally scrutinizing major tech platforms, including Snapchat, YouTube, Apple App Store, and Google Play, under the Digital Services Act (DSA) for their safeguards for minors [4][8]. Monetary Policy - The People's Bank of China (PBOC) did not engage in any government bond trading throughout September, indicating a specific stance on monetary policy and market liquidity management [5][8].