ECB cuts key rates by 25 bps in October monetary policy decision, as expected

Prior decisionDeposit facility rate 3.25% vs 3.25% expectedPrior 3.50%Main refinancing rate 3.40% vs 3.40% expectedPrior 3.65%Marginal lending facility 3.65%Prior 3.90%Incoming information shows that the disinflationary process is well on…

AUDUSD Technical Analysis – Breakout or fakeout?

Fundamental OverviewThe US Dollar has been gaining ground across the board this week despite the lack of economic data and lower Treasury yields, essentially moving forward by inertia.Stanley Druckenmiller said in an interview yesterday that…

USDCAD Technical Analysis – Testing a key resistance

Fundamental OverviewThe US Dollar has been gaining ground across the board this week despite the lack of economic data and lower Treasury yields, essentially moving forward by inertia.Stanley Druckenmiller said in an interview yesterday that…

Copper Technical Evaluation – The market calls for extra from China

Elementary OverviewCopper erased most of the beneficial properties from final month’s robust Chinese language easing measures because the market acquired dissatisfied on the dearth of comply with by means of. In truth, that is one thing…

USDJPY Technical Analysis – Lack of bearish catalysts keeps the USD supported

Fundamental OverviewThe US Dollar has been gaining ground across the board this week despite the lack of economic data and lower Treasury yields, essentially moving forward by inertia.Stanley Druckenmiller said in an interview yesterday that…

European equities lightly higher at the open today

Eurostoxx +0.3%Germany DAX +0.3%France CAC 40 +0.3%UK FTSE +0.1%Spain IBEX +0.3%Italy FTSE MIB +0.5%It's a mild recovery for French stocks after the decline yesterday as budget concerns cropped up. While the DAX is still lingering near record…

Switzerland September commerce steadiness CHF four.95 billion vs CHF four.58 billion prior

Prior CHF four.58 billion; revised to CHF four.74 billionThe Swiss commerce surplus grew barely in September with the breakdown as per under: This text was written by Justin Low at www.ubaidahsan.com. Source link

AUD/USD advance after jobs information held again by key technicals for now

The upside push within the aussie got here after the recent jobs report earlier within the day right here. With inflation nonetheless holding up, it isn't making it simpler to purchase into the RBA fee lower story because the financial system…

ForexLive Asia-Pacific FX information wrap: Sensational Australian jobs report boosts AUD

Federal Reserve Financial institution of Chicago President Austan Goolsbee speaks ThursdayJapan September drop in exports was the primary in ten monthsAxios on Trump's refusal to launch medical dataFolks's Financial institution of China …

Individuals's Financial institution of China dep. governor says fee reduce applies to 90% of present mortgages

Individuals's Financial institution of China dep. governor: On present mortgage fee cutsmost inventory of present mortgage loans rates of interest will likely be adjusted October 25Accounts for 90% of present mortgages On decreasing…