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Eurozone annual HICP inflation rises to 2% in October vs. 1.9% expected
The Harmonized Index of Consumer Prices (HICP), the European Central Bank's (ECB) preferred gauge of inflation, rose 2% on a yearly basis in October's flash estimate, Eurostat reported on Thursday.
BoJ October decision: Ueda keeps December BoJ rate hike hopes alive - TDS
The BoJ's statement didn't present many changes with the fireworks mainly happening during Governor Ueda's press conference, TDS' FX and Macro Strategist Alex Loo notes.
ECB's Panetta: Must avoid risk of pushing inflation well below target
European Central Bank (ECB) Governing Council Member Fabio Panetta argued on Thursday that monetary conditions in the Eurozone remain restrictive, adding that rates need to come down, per Reuters.
GBP volatility when the budget was presented - Commerzbank
Yesterday, when the British Chancellor of the Exchequer, Rachel Reeves, delivered her budget speech, there was visibly a lot of volatility in the gilt market, the market for British government bonds, and in the foreign exchange market in GBP rates.
BRICS+ meeting, tensions in Horn of Africa - Danske Bank
The expanded BRICS - composition now also including Egypt, Ethiopia, Iran and the UAE - met in October in Kazan, Russia, Danske Bank macro analysts report.
Pound Sterling rebounds as trades pare back BoE dovish bets
The Pound Sterling (GBP) outperforms its majority of peers on Thursday as traders have pared back bets that the Bank of England (BoE) will cut interest rates aggressively after the United Kingdom (UK) Labour government announced its first Autumn Forecast Statement on Wednesday.
A peek at the hedonism of US consumers - UBS
After the excitement of yesterday's GDP data, today investors are granted another peek into the hedonistic lifestyle of the US consumer.
BoJ: No news from Tokyo - Commerzbank
As expected, the Bank of Japan left its key interest rate unchanged at 0.25% at the end of its meeting this morning.
CEE: Region remains under pressure - ING
Yesterday's GDP data for the third quarter disappointed, especially in Hungary, confirming a return to technical recession, but the data in the Czech Republic was also slightly weaker, below central bank expectations, ING's FX analyst Frantisek Taborsky notes.
Eurozone inflation data - another argument for the EUR recovery? - Commerzbank
Today, Eurostat will release the eurozone inflation figures for October, Commerzbank's Head of FX and Commodity Research Ulrich Leuchtmann notes.
USD/CAD sticks to modest gains above 1.3900 ahead of US PCE data, Canadian GDP
The USD/CAD pair attracts fresh buying on Thursday and for now, seems to have stalled its corrective pullback from the 1.3940 area, or the highest level since August 5 touched the previous day.
Mexican Peso rebounds slightly after four-day decline on Trump tariff fears
The Mexican Peso (MXN) trades mixed in its key pairs - USD/MXN, EUR/MXN and GBP/MXN - on Thursday after weakening for four days running.
GBP: Sterling a little weaker as the dust settles on the budget - ING
Labour's large tax-and-spend budget - described by some as an 'old Labour' policy - is still reverberating across UK asset markets, ING's FX analyst Chris Turner notes.
China: PMI shows signs of improvement - Commerzbank
China's official PMIs improved in October, probably as a first sign that policy stimulus is having an impact on the economy.
US GDP in line with expectations - Commerzbank
In contrast to the ADP figure, the publication of the US GDP data (for Q3) did not come as any major surprise.
EUR: 50bp from the ECB in December is not a done deal after all - ING
Yesterday was a day for the ECB hawks, ING's FX analyst Chris Turner notes.
A surprisingly good ADP figure - Commerzbank
The published ADP data on employment changes really doesn't have much to do with the data from the Bureau of Labor Statistics (BLS), which is always published two days later.
NZD/USD Price Forecast: Remains below 0.6000, upper boundary of the descending channel
The NZD/USD pair extends gains for the second consecutive session, trading near 0.5980 during Thursday's European session.
USD: Dollar takes a back seat to overseas events - ING
The Dollar Index (DXY) has softened a little this week - largely in response to overseas events.
EUR/GBP edges lower toward 0.8350 ahead of Eurozone HICP inflation data
EUR/GBP trades slightly lower during early European hours on Thursday near 0.8360, following strong gains in the previous session.
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