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US President Donald Trump blocks Nvidia's Blackwell AI chip sales to China
US President Donald Trump said that the United States (US) will prevent China from obtaining Nvidia's most advanced semiconductor technology, CBS News reported on Monday.

China's RatingDog Manufacturing PMI eases to 50.6 in October vs 50.9 expected
China's RatingDog Manufacturing Purchasing Managers' Index (PMI) declined to 50.6 in October from 51.2 in September, the latest data published by RatingDog showed on Monday.

PBOC sets USD/CNY reference rate at 7.0867 vs. 7.0880 previous
On Monday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0867 compared to the Friday's fix of 7.0880 and 7.1171 Reuters estimate.

EUR/USD holds losses below 1.1550 as Fed rate cut bets decrease
EUR/USD edges lower and continues its losing streak for the fourth successive session, trading around 1.1530 during the Asian hours on Monday.

GBP/USD hangs near its lowest level since April 14, seems vulnerable below mid-1.3100s
The GBP/USD pair remains depressed below mid-1.3100s at the start of a new week and languishes near its lowest level since April 14, touched on Friday.

Gold Price Forecast: XAU/USD tumbles to near $3,950 on Fed's hawkish comments, trade optimism
Gold price (XAU/USD) slumps to near $3,965 during the early Asian session on Monday. The precious metal extends the decline as a constructive US-China outcome reinforces global risk appetite.

US President Donald Trump: Not considering giving Ukraine Tomahawk missiles
US President Donald Trump said late Sunday that he's not really considering giving Ukraine Tomahawk missiles.

RBNZ says large banks well placed to withstand solvency, liquidity impact of severe scenario
The Reserve Bank of New Zealand (RBNZ) published its 2025 bank stress test results, saying that the country's five largest banks are well placed to withstand the solvency and liquidity impact of a severe scenario caused by worsening geopolitical risks.

OPEC+ agrees to pause output hikes next year amid glut fears
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday agreed to a modest oil output hike for December and a pause output increases in the first quarter (Q1) of next year, Reuters reported on Sunday.

USD/JPY holds positive ground above 154.00 on Powell's cautious remarks
The USD/JPY pair trades with mild gains near 154.05 during the early Asian session on Monday. The Japanese Yen (JPY) softens against the US Dollar (USD) as the Bank of Japan (BoJ) disappointed traders hoping for a more hawkish stance on future rate hikes.

Dow Jones Industrial Average week-long stall continues on Friday
The Dow Jones Industrial Average (DJIA) is poised to end the trading week near where it started, with price action churning familiar territory around the 47,500 region.

EUR/USD slides to three-month low as Fed's hawkish tone fuels US Dollar rally
The Euro (EUR) weakens further against the US Dollar (USD) on Friday, with EUR/USD slipping to a three-month low. The pair remains under pressure as the Greenback draws support from the Federal Reserve's (Fed) hawkish tone after delivering a widely expected 25-basis-point rate cut earlier this week.

GBP/USD falls to seven-month low amid UK fiscal concerns, Fed hawkish tone
GBP/USD extends its downward momentum, touching a new seven-month low at 1.3097 on Friday. The pair remains under persistent selling pressure as investors continue to favor the US Dollar (USD) amid reduced expectations of further Federal Reserve (Fed) easing.

WTI rises amid modest recovery, OPEC+ output increase caps gains
West Texas Intermediate (WTI) US Oil price rises to $60.50 per barrel on Friday, up 0.65% on the day, extending its rebound after two sessions of subdued trading.

Fed's Hammack: Would not have cut rates
Federal Reserve Bank of Cleveland President Beth Hammack is due to participate in a fireside chat at the Evolving Landscape of Bank Funding Conference hosted by the Federal Reserve Bank of Dallas on Friday.

Fed's Bostic: Mandates are in tension.
Federal Reserve Bank of Atlanta President Raphael Bostic is scheduled to participate in a fireside chat at the Evolving Landscape of Bank Funding Conference, hosted by the Federal Reserve Bank of Dallas.

US Treasury's Bessent: China made a real mistake by firing shots on rare earths.
United States (US) Secretary of Treasury Scott Bessent said on Friday that he thinks the Chinese leadership were slightly alarmed by the global backlash to their export controls and that "everything's ironed out in terms of the permissions, and we should see a transaction very soon."

USD/JPY Price Forecast: Uptrend shows fatigue as RSI divergence hints at short-term pullback
The Japanese Yen (JPY) steadies against the US Dollar (USD) on Friday, with USD/JPY pausing its two-day winning streak despite the Greenback's broader strength, as renewed verbal warnings from Japanese officials revive intervention concerns.

EUR/GBP reverts early gains as ECB holds rates, UK fiscal woes pressure
EUR/GBP trades slightly lower on Friday, around 0.8780 at the time of writing, down 0.13% on the day, reverting early daily gains, but maintaining a solid weekly uptrend of about 0.60%.

Canadian Dollar weakens as Fed's cautious tone boosts US Dollar demand
The Canadian Dollar (CAD) remains under pressure against the US Dollar (USD) on Friday, weighed down by renewed demand for the Greenback after the Federal Reserve's (Fed) cautious guidance tempered expectations of another rate cut this year.
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