Poland's New Foreign Minister in Kyiv for First Visit Abroad
The visit signals the new Polish government's promises of support for Ukraine, after signs of tensions recently emerged under the previous governing party.
Source: kyivpost.com
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Top News In Key Rate Today - Breaking & Trending Today
Rally from surprise dovish Fed pivot reverberates through global markets
- Risk appetite was on following the great monetary pivot, further dovish international central bank commentary in session.
Source: fxstreet.com
Romanian Central Bank Further Holds Benchmark Rate At 7%
Romania's central bank has decided at its board meeting on Wednesday (November 8, 2023) to keep its benchmark interest rate on hold at 7%.
Source: zfenglish.com
Week Ahead - ECB set to pause tightening cycle, a big week for earnings
US Now that Fed Chair Powell signaled that the Federal Open Market Committee will keep rates on hold at the next policy meeting, Wall Street will look to see
Source: marketpulse.com
Week Ahead – ECB Set to Pause Tightening Cycle, a Big Week for Earnings
The ECB is expected to leave interest rates unchanged next week, as per the communication following its last meeting in September. The question for many traders is whether the central bank is in fact done or if it can be tempted into another increase. Recent moves in bond yields suggest investors are increasingly coming around to the idea of higher for longer. It will be interesting to see if the ECB addresses this or welcomes the recent moves. Flash PMIs will also be of interest considering the risk of recession going into next year.
Source: actionforex.com