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Gold consolidates below record highs amid safe-haven flows and dovish Fed expectations
Gold extends its record-breaking rally as the US shutdown drives safe-haven flows.Fed rate-cut bets strengthen, with markets pricing a 96% chance of a 25 bps…
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Canadian Dollar under pressure as USD steadies, weighed by soft PMI and lower Oil prices
USD/CAD edges higher near 1.3950 as the US Dollar rebounds despite earlier losses on soft data and shutdown worries.The Greenback’s recovery gains support…
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EUR/GBP weakens as Eurozone inflation steady, UK PMI stabilizes
Eurozone inflation rose 2.2% YoY in September, core HICP steady at 2.3%, both aligned with economists’ forecasts.EZ manufacturing PMI improved to 49.5,…
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Oil slips as Iraq exports resume and OPEC+ plans output hike – Commerzbank
Oil prices dropped early this week as northern Iraq resumed exports and OPEC+ signals a modest production increase for November, raising concerns of a widening…
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