News

T. Rowe Price (TROW) came out with quarterly earnings of $2.81 per share, beating the Zacks Consensus Estimate of $2.55 per share. This compares to earnings of $2.57 per share a year ago. These figures are adjusted for non-recurring items.

United States Chicago PMI registered at 43.8 above expectations (42.3) in October

As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online … prices are liable to swing around, so take care out there.

pre-ps:

• OPEC+ agrees to raise output by 137K bpd, as expected
• then they’ll do a TACO (but for OPEC) and pause hikes for Q1, 2026, or so they say. Their cocnern is over supply.

Indicative rates only:

• EUR/USD 1.1532
• USD/JPY 154.01
• GBP/USD 1.3133
• USD/CHF 0.8039
• USD/CAD 1.4010
• AUD/USD 0.6547
• NZD/USD 0.5727

This article was written by Eamonn Sheridan at investinglive.com.

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 on Friday.

United States (US) Treasury Secretary Scott Bessent said on Friday that he thinks the Chinese leadership was 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.”

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 on Friday.

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.

United States (US) Treasury Secretary Scott Bessent said on Friday that he thinks the Chinese leadership was 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.”

Colombia National Jobless Rate registered at 8.2%, below expectations (8.5%) in September

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.