News
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EMERGING MARKETS-EM stocks drop as polarised Fed blurs rate outlook
EM stocks down 1.1%, FX down 0.13%Poland begins its two-day interest rate meeting on TuesdayCzech election winner Babis signs coalition deal with partnersNigerian dollar bonds extend declines on Trump military threatsBy Nikhil Sharma Nov 4 (Reuters) - Emerging Market stocks pulled back on Tuesday...Reuters
Tue, Nov 4
Swiss National Bank's Schlegel: inflation to rise slightly in coming quarters
BERLIN, Nov 4 (Reuters) - The Swiss National Bank chief Martin Schlegel said in presentation slides published online on Tuesday inflation should increase slightly in the quarters ahead after the bank kept its policy rate at 0% at its latest monetary policy assessment.Reuters
Tue, Nov 4
FOREX-Dollar gains as traders upgrade rate outlook, risk appetite wanes
Aussie wobbles after RBA stands pat, warns on inflationTraders lower chances of rate cuts from divided Fed Yen gains; investors wary of intervention risks Pound weakens on rare pre-budget speech by UK finance ministerBy Amanda Cooper LONDON, Nov 4 (Reuters) - The dollar hovered near a three-month...Reuters
Tue, Nov 4
AUD/USD: RBA opts for unchanged – Commerzbank
As expected, the Reserve Bank of Australia left its Cash Rate unchanged this morning at 3.6%. Until recently, most economists, including myself, had expected a cut in November. However, last week's inflation figures showed that the inflation problem is more serious than expected.Fxstreet
Tue, Nov 4
Sterling dips after Reeves makes rare pre-budget speech
By Amanda Cooper and Dhara RanasingheLONDON, Nov 4 (Reuters) - The pound and gilt yields fell on Tuesday after finance minister Rachel Reeves reiterated her commitment to sticking to her fiscal rules in her budget this month, ahead of one of the most uncertain Bank of England rate decisions in some ...Reuters
Tue, Nov 4
UK Chancellor Reeves: Will focus on lowering inflation in budget
United Kingdom (UK) Chancellor of the Exchequer Rachel Reeves expresses concerns during the European trading session over the rising cost of borrowing. Reeves added that progress in inflation towards normalization has remained slow.Fxstreet
Tue, Nov 4
USD/CAD Price Forecast: Tests seven-month highs near 1.4100
USD/CAD extends its gains for the fourth successive session, trading around 1.4060 during the European hours on Tuesday. The technical analysis of the daily chart indicates a prevailing bullish bias, with the pair moving upwards within the ascending channel pattern.Fxstreet
Tue, Nov 4
