The British pound is steady on Tuesday. In the North American session, GBP is trading at 1.2678 at the time of writing, unchanged on the day. On Monday, the pound ended a six-day slide, during which the currency lost 2.8%. Markets brace for higher UK inflation The Bank of England has done an excellent job […]
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Australia’s Westpac Leading Index moved decisively into positive territory in October, rising from -0.20% in September to +0.26%. This marks a significant shift, as the index had been hovering in slight negative territory, between -0.3% Read more…
Japan’s exports rose 3.1% yoy in October, reaching JPY 9,427B, a strong recovery from the -1.7% yoy decline in September, which marked a 43-month low. This rebound was primarily driven by a 1.5% yoy increase Read more…
Kansas City Fed President Jeffrey Schmid highlighted in a speech overnight the decision to lower rates this year as a reflection of the “growing confidence” in inflation’s moderation. This optimism, he explained, stems from signs Read more…