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Brazil’s central bank held its steep interest rates unchanged after five consecutive cuts as inflation drifted away from target amid growing concern around government spending.
We haven't written up this one. WSJ Economy has the full story — the link below goes straight to it.
Oil steadied after tumbling around 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the months-long Iran war.
Travel disruptions to and from the Middle East and high airfares continue to drag on earnings
The USD/JPY edges lower but trims some of its earlier losses, down 0.20% in the aftermath of the US midterm election results. However, the pair seems to form a tilted bullish ‘pin bar ’, yet it remains consolidated within the 50- and 200-day SMAs, each at 157.39 and 158.62.
Rupee on Wednesday appreciated by 1 paisa against the US Dollar in interbank trading and closed at Rs 276.70, compared to the previous day’s closing of Rs 276.71. According to the Forex Association of Pakistan (FAP), the dollar’s open-market buying and selling rates were Rs 277.25 and Rs 279.50, respectively. The price of the Euro […]
