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The Euro (EUR) accelerates its recovery against the US Dollar (USD) on Wednesday, favoured by the combination of a sound Democratic win in the US midterm Elections and hot Eurozone inflation data.
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The financial markets are banking on the Riksbank raising Sweden's key interest rate at least four times – possibly even five – within the space of a single year.
Leaders say result should continue moves to de-risk reliance on Washington
It was driven by energy inflation, which surged above 20% in October.
These prices are effective until Nov 11.
The Reserve Bank of India (RBI) has constituted a Technical Consultative Committee for Financial Markets (TCCFM) to seek expert recommendations on policy and operational matters affecting India's…
Eurozone inflation rose to 4% in October, a three-year high, as energy costs surged. Italy saw the biggest jump, while Germany bucked the trend.
