S&P 500 Futures pare weekly gains as yields dribble around multi-year high
Global markets remain sluggish amid light calendar, early week optimism defends buyers. S&P 500 Futures
USD/INR Price News: Indian rupee extends RBI-led gains below 83.00 despite firmer yields
USD/INR remains pressured after reversing from record high. RBI’s so-called meddling in spot, forward markets
US: Philadelphia Fed Manufacturing Index comes in at -8.7 for October vs. -5 expected
Philadelphia Fed Manufacturing Index remains in negative territory for the second straight month. The USD
US: Weekly Initial Jobless Claims fall to 214K vs. a rise to 230K expected
Initial Jobless Claims in the US fell by 12K in the week ending October 14.
UK Retail Sales decline 1.4% MoM in September vs. -0.5% expected
The UK Retail Sales came in at -1.4% MoM in September, a big miss. Core
US: Existing Home Sales decline by 1.5% in September
Existing Home Sales in the US declined slightly less than expected in September US dollar
GBP/USD: A neutral stance is appropriate – TDS
Liz Truss resigned as UK prime minister after only 44 days in office. Economists at
GBP/USD still looks range bound near term – UOB
GBP/USD is expected to navigate the 1.1050-1.1370 range for the time being, suggest Markets Strategist
EUR/GBP Price Analysis: Downbeat UK Retails Sales opens doors for further upside
EUR/GBP has advanced to 0.8740 amid downbeat UK Retail Sales data. A negative divergence formation
BOJ Semi-Annual Financial Report: The creditworthiness of highly leveraged firms could deteriorate
“With overseas interest rates rising quickly, there is a risk the creditworthiness of highly leveraged