Author: admin

Auto executives, insiders and analysts told CNBC things aren’t as bad as they once feared, and some of the most dire predictions haven’t come to pass.

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

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.

As mentioned before, don’t hold your breath on meetings such as this one. It’s clear that China played this ace card as a way to control the narrative before the upcoming meeting between Trump and Xi in South Korea. That sets the tone for measured optimism and not for the Trump to bully his way out of this one.

The EU and other countries are caught in the crossfire of it all and Beijing definitely knows that. However, that’s the price to pay as the trade conflict continues to brew between the US and China – no matter what “deal” they claim to be making.

This article was written by Justin Low at investinglive.com.

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%.

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.

With Europe battling fiscal fragility, the US facing valuation risks, and China confronting disinflation, the Swiss franc may again prove resilient.

The Indian Rupee (INR) trades higher against the US Dollar (USD) at the start of the holiday-shortened week on Monday. Indian currency markets will remain closed on Tuesday and Wednesday on account of Diwali Laxmi Pujan and Balipratipada, respectively.

Kalshi, which allows users to bet on real-world events, experienced sporadic delays on Saturday, with some bettors unable to process orders.

If today’s outage at AWS (Amazon Web Services) has shown us anything it’s how reliant we all are on the likes of Amazon, as well as Microsoft and Alphabet for many of the online services we more or less take for granted.