EUR/USD
1.15507
0.031%
Gold
4008.59
0.795%
Oil
59.888
0.827%
USD/JPY
153.284
0.148%
GBP/USD
1.31076
-0.227%
GBP/JPY
200.922
-0.062%
Real-time News
The European Commission has adopted stricter visa rules for Russian citizens.Indian government: Indias fuel sales in October fell 0.4% year-on-year to 20.17 million metric tons; diesel sales fell 0.3% year-on-year; and gasoline sales rose 7.4% year-on-year.On November 7, local time, Russian Presidential Press Secretary Dmitry Peskov stated at a daily briefing that the Kremlin would not comment on US President Donald Trumps remarks regarding so-called progress in resolving the Russia-Ukraine conflict. Peskov pointed out that the lack of mutual trust between Russia and Ukraine is one of the factors hindering the resolution of the Ukrainian crisis. Peskov stated that both Russia and the US remain interested in holding a summit between their leaders in Budapest, but such a meeting requires careful preparation.U.S. stock index futures all turned lower, with S&P 500 futures down 0.1%, Nasdaq 100 futures down 0.1%, and Dow Jones futures down 0.1%.On November 7th, the Bank of England voted by a narrow 5-4 majority to keep interest rates stable at 4%, putting pressure on the pound. Five of the nine members of the Monetary Policy Committee (MPC) voted to maintain the current rate level, compared to expectations of six. Deputy Governor Briden voted against it for the first time, joining members Dinglar, Deputy Governor Ramsden, and Taylor in supporting a 25 basis point cut. In its monetary policy statement, the Bank of England warned that "weak demand could drag on inflation over the medium term," and that "the risks of persistently high inflation have recently become less apparent." Meanwhile, Governor Bailey reiterated that the monetary policy path remains tilted to the downside. However, he emphasized that officials need to see "a more solid downward path for inflation before cutting rates again." Signs that UK price pressures have peaked are expected to increase expectations of another rate cut by the central bank this year.
