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GBP: A surprise Reeves resignation would be bad for markets – ING
Markets have largely priced in Chancellor Reeves’ expected mix of tax hikes and fiscal restraint, pushing gilt yields and the pound lower. While political noise around her rental license lapse briefly weighed on sentiment, PM Starmer’s backing eased concerns.
FOREX-Yen gets a boost from finance minister, pound wilts
U.S.-China trade deal, tech sector earnings cloud currency pathTokyo CPI hotter than expected at 2.8% Euro nudges higher after ECB holds interest ratesPound under pressure as worries over UK finances growBy Amanda Cooper LONDON, Oct 31 (Reuters) - The yen rose on Friday after Japan's new ...Reuters
Fri, Oct 31
NZD/USD dives further, nears 0.5700 on weak Chinese data, risk aversion
The New Zealand Dollar (NZD) is trading lower for the third consecutive day on Friday, trading at 1.1720 at the time of writing and on track for a 0.45% weekly decline, after having been rejected at 0.5800 earlier in the week.
Fxstreet
Fri, Oct 31
South Korea says Nvidia, Hyundai Motor to create $3 billion AI joint venture
GYEONGJU, South Korea, Oct 31 (Reuters) - U.S. chipmaker Nvidia NVDA.O and South Korean automaker Hyundai Motor Group 005380.KS plan to invest $3 billion to create a joint venture on "physical" artificial intelligence, South Korea's presidential office said at a briefing on Friday.Reuters
Fri, Oct 31
Global central banks converge towards rate cut caution
Most non-US cbanks hold rates on inflation, trade challengesSNB maintains 0% rate, inflation exceeds forecastBank of Canada cuts rates, signals end to easingBy Naomi Rovnick and Alun John LONDON, Oct 31 (Reuters) - The U.S. Federal Reserve has moved back into line with other major rate setters af...Reuters
Fri, Oct 31
