Oct 222021
 
Pound Stuck in Limbo as Debate Rages on Timing of U.K. Rate Hike

Rates markets suggest any BOE action now could even be reversed within two years, which is further fueling the currency confusion.
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Kiwi outperforms, flightless bird takes flight, greenback’s slide extends

New Zealand's currency, often referred to by traders as the Flightless Bird … Against the Asian and Emerging Market FX, the US Dollar was mixed.
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Sale of Evergrande's property management unit failed

We expect a 100bp rate cut to 17.0% in line with market consensus. … FX: Reflation-sensitive currencies continue to perform.
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GLOBAL MARKETS-Stocks gain, Dow touches record; oil rises on EIA data

Bitcoin hits record high (sure Updates with U.S. market's closing … and money markets futures are pricing in one U.S. rate hike later next year.
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