PMI data to move things along in European trading today ...Middle East

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The dollar is sitting more mixed on the day with light changes for the most part. The notable mover in Asia has been the aussie, which pushed lower after the more disappointing Q3 GDP report here. That saw AUD/USD drop briefly to its lowest since August before holding at the key support region of 0.6433-50 for now.In terms of RBA pricing, the first 25 bps rate cut is now seen in April next year instead of May. But either way, it doesn't change anything for the immediate policy decisions in December and February.In overnight trading, South Korea caused a bit of a stir as lame duck president Yoon declared martial law. That led to a burst of volatility in markets but ultimately settled down onc

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Last updated : 04 Dec 2024 clock 08:45 AM

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PMI data to move things along in European trading today ...Middle East

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