ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Lots of economic data and events scheduled for today and all with high volatility risks associated.
Data released so far:
- China: Trade balance declined to $28.74 billion in September as exports grew by 8.1 percent y/y and imports grew by 18.7 percent y/y.
Upcoming:
- Germany: CPI inflation report will be released at 6:00 GMT.
- Switzerland: Producer and import price report will be released at 7:15 GMT.
- Italy: Consumer price inflation report will be released at 8:00 GMT.
- United States: CPI inflation report will be released at 12:30 GMT, along with September retail sales report. Fed’s Rosengren is set to speak at 12:30 GMT, Evans at 14:25 GMT, Kaplan at 15:30 GMT, and Powell at 17:00 GMT. Michigan consumer sentiment report will be released at 14:00 GMT.
- Eurozone: ECB’s Vitor Constancio to speak at 14:15 GMT.
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