Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
The UK. Consumer Price Index (CPI) data is set to be released today, and it’s an important indicator for understanding inflation trends and potential changes in the BOE monetary policy.
- Headline CPI: Expected to rise to 2.3% YoY, up from 1.7% in September. This increase would bring inflation back above the Bank of England's (BoE) target of 2.0%.
- Core CPI: Forecasted to ease slightly to 3.1% YoY, compared to 3.2% reported in September.
- Monthly Change: A monthly increase of 0.5% is anticipated, reflecting ongoing inflationary pressures.
The increase in headline inflation is mainly due to base effects and higher utility prices. This could mean that the Bank of England might pause its plans to cut interest rates in December. As a result, we might see more ups and downs in the value of the Pound Sterling as traders respond to this information.
