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Gold edges higher after steep pullback, investors eye US-China talks
Gold (XAU/USD) edges higher on Monday, recovering modestly after Friday's steep decline from record highs near $4,380. At the time of writing, XAU/USD is trading around $4,280 during the European session, up over 0.50% on the day.

China: Q3 GDP slowed on weak domestic demand - Commerzbank
GDP growth eased to 4.8% yoy in Q3 but it would still put China's economy on track to meet the 5% official target. Growth was mainly supported by strong exports as household consumption slowed and fixed investment faltered, Commerzbank's economist Tommy Wu reports.

Risk-off sentiment drives selective equity positioning - BNY
Markets remain broadly risk-off amid elevated valuations and persistent geopolitical risks, prompting asset allocators to reassess country and sector exposures for potential corrections, BNY's FX analysts report.

USD/CAD holds firm above 1.4000 ahead of BOC survey - BBH
USD/CAD remains firm above 1.4000 as attention turns to the Bank of Canada's Q3 Business Outlook Survey.

USD/CAD rises amid US-China trade optimism, weaker Oil prices
USD/CAD trades slightly higher on Monday, up 0.10% for the day to around 1.4030 at the time of writing.

USD/JPY edges higher to near 150.80 on renewed hopes of BoJ's dovish outlook
The USD/JPY pair trades marginally higher to near 150.80 during the European trading session on Monday.

NZD/USD wavers below 0.5750 despite hot NZ inflation, China data
The New Zealand Dollar's recovery attempt seen after the release of hotter New Zealand inflation figures and upbeat Chinese data has been limited below 0.5750, and the pair trimmed gains shortly afterwards, returning to 0.5725 during Monday's European session.Price pressures accelerated to a 3% year

NZD/USD holds near cyclical lows after mixed Q3 CPI - BBH
NZD/USD is directionless just above last week's cyclical low of 0.5683. New Zealand Q3 CPI was mixed, BBH FX analysts report.

USD/CNH stable as China Q3 GDP beats expectations - BBH
USD/CNH is stable around 7.1260 and the Hang Seng China Enterprises Index rose 2.4%. The Central Committee of the Communist Party kicked off its four-day conclave - known as the Fourth Plenum - to set the nation's economic and technological goals over the next five years.

USD/JPY rebounds as Japan forms coalition - BBH
USD/JPY recovered to 150.75 after dropping briefly under 149.50 on Friday, BBH FX analysts report.

EUR: A landmark EU meeting for the euro? - Commerzbank
This week, the EU heads of state and government are gathering in Brussels. A central topic of discussion will be the European Union's rearmament efforts, aiming for Europe to be fully defense-capable, i.e. militarily independent from the United States by 2030.

Gold Price Forecast: XAU/USD wobbles around $4,250, awaits fresh cues on US-China trade outlook
Gold price (XAU/USD) trades in a tight range around $4,250.00 during the European trading session on Monday. The precious metal stabilizes after Friday's corrective move, which pushed it lower from the all-time high of $4,380 to near $4,200.

USD holds mid-range as markets price a dovish Fed path - BBH
The US Dollar (USD) is trading near the middle of its multi-month range as markets price a more dovish Fed easing trajectory.

USD: Still downside risks - ING
Concerns about the health of regional banks and the broader quality of credit in the US remain very central for FX markets, ING's FX analyst Francesco Pesole notes.

TRY: Inflation expectations worsen further - Commerzbank
The Central Bank of Turkey's (CBT's) latest monthly survey revealed a worsening picture of inflation expectations, with market participants now anticipating an end-2025 inflation rate of 31.8%.

GBP: Room to soften against EUR - ING
The pound could face renewed downside this week as UK services inflation is expected to undershoot the Bank of England's forecast, adding a dovish tilt to rate expectations.

As global growth falters, CHF stands out as a safe haven - Société Générale
With Europe battling fiscal fragility, the US facing valuation risks, and China confronting disinflation, the Swiss franc may again prove resilient.

EUR: At fair value - ING
The eurozone calendar is empty until Friday's PMI and EUR/USD moves will primarily depend on market sentiment about the US credit market. What is important to note is that EUR/USD is spot on its short-term fair value (1.167) despite the recent rally, ING's FX analyst Francesco Pesole notes.

EU members states agree to ban imports of Russian gas by the end of 2027 - Bloomberg
Energy ministers from the European Union (EU), in a meeting at Luxemburg on Monday, agree on a joint position to ban imports of gas supplies from Russia by the end of 2027, Bloomberg reported.

The budget showdown is likely to cause movement in GBP - Commerzbank
In retrospect, last week saw a continuation of the Pound Sterling (GBP) performance throughout the year. There was a wealth of interesting news, including new data, speeches by Bank of England officials and statements by the finance minister.
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