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EMERGING MARKETS-EM stocks jump as global sentiment recovers; Poland cuts rate, Czech verdict awaited
EM stocks up 0.8%, FX up 0.1%Poland lowers interest rate by 25 basis pointsCzech Republic to announce rate decision later in the dayCzech industrial output up 0.4% in SeptemberBy Nikhil Sharma Nov 6 (Reuters) - Emerging market stocks jumped on Thursday as global risk sentiment improved following ...Reuters
Thu, Nov 6
Sterling steadies near multi-month lows ahead of BoE decision
LONDON, Nov 6 (Reuters)EURGBP= - Sterling steadied around its lowest in months on Thursday ahead of a key Bank of England rate decision, with markets pricing a one-in-three chance of a cut, while most analysts believe the central bank will likely hold fire.Sterling GBP= edged 0.1% higher to $1.3066 ...Reuters
Thu, Nov 6
ECB’s Schnabel: Quantitative normalisation is proceeding smoothly
European Central Bank’s (ECB) executive board member Isabel Schnabel said in the ECB Conference on Money Markets 2025 in Frankfurt on Thursday that the neutral monetary policy stance allows the central bank to tilt the new structural securities portfolio towards shorter-term securities.Fxstreet
Thu, Nov 6
Nissan Keeps Fy2025/26 Global Retail Sales Forecast At 3.25 Million Vehicles
Nov 6 (Reuters) - Nissan Motor Co Ltd 7201.T:NISSAN KEEPS FY2025/26 GLOBAL RETAIL SALES FORECAST AT 3.25 MILLION VEHICLESNISSAN: SEE FY2025/26 N.AMERICA SALES OF 1.3 MILLION VEHICLES VERSUS 1.3 MILLION PREVIOUSLYNISSAN: SEE FY2025/26 CHINA SALES OF 645,000 VEHICLES VERSUS 570,000 PREVIOUSLYNISSAN: A...Reuters
Thu, Nov 6
USD/CAD softens to near 1.4100 ahead of BoC’s Macklem speech
The USD/CAD pair declines to near 1.4100, snapping the five-day winning streak during the early European session on Thursday. A recovery in crude oil prices underpins the commodity-linked Canadian Dollar (CAD) against the Greenback.
Fxstreet
Thu, Nov 6
NZD/USD Price Forecast: Retains bearish bias near 0.5650 below the 100-day EMA
The NZD/USD pair posts modest losses near 0.5660 during the early European session on Thursday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) as the downbeat jobs report supported the case for a rate cut from the Reserve Bank of New Zealand (RBNZ) this month.
Fxstreet
Thu, Nov 6
USD/CHF struggles to extend rally above 0.8125, outlook remains bullish
The USD/CHF pair struggles to extend its over-a-week-long rally above the 11-week high of 0.8125 posted on Wednesday. During the late Asian trading session, the Swiss Franc pair trades marginally down to near 0.8095.
Fxstreet
Thu, Nov 6
FOREX-Dollar takes a breather, sterling waits on BoE
AUD, NZD bounce as stock market mood recoversUS yields higher on data and debt outlookBoE likely to strike a dovish tone at 1200 GMTBy Tom Westbrook SINGAPORE, Nov 6 (Reuters) - The dollar held just below multi-month highs on Thursday, with a recovery in appetite for riskier assets pulling it off...Reuters
Thu, Nov 6
Argentina's Milei defies calls to float Argentine peso freely, FT reports
Nov 6 (Reuters) - Argentina's President Javier Milei has rejected investor calls to allow the peso to float freely following his victory in midterm elections, the Financial Times reported on Thursday.In an interview to the Financial Times, Milei vowed to accelerate his free-market reforms and de...Reuters
Thu, Nov 6
EUR/GBP remains above 0.8800 ahead of Eurozone data, BoE interest rate decision
EUR/GBP rebounds and targets highs since May 2023, trading around 0.8810 during the Asian hours on Thursday. The currency cross gains ground ahead of German Industrial Production and Eurozone Retail Sales data for September due later in the day.
Fxstreet
Thu, Nov 6
GBP/JPY flat lines near 201.00 ahead of BoE; holds above one-month low set on Wednesday
The GBP/JPY cross struggles to capitalize on the previous day's solid recovery from the 199.00 neighborhood, or an over one-month low, and oscillates in a narrow band during the Asian session on Thursday.
Fxstreet
Thu, Nov 6
