In today's Reserve Bank of Australia's monetary policy decision, as widely expected, the Central Bank decided to keep its interest rate unchanged at 1.5%, with the policy statement being interpreted as neutral.
Mario Draghi has called on banks to cut costs instead of blaming the European Central Bank’s monetary policy for poor profitability.
LONDON, Nov 7 (Reuters) - British retail spending fell last month at the fastest pace for any October since 2008 as consumers curbed purchases of non-food goods in the face of rising inflation, a survey showed on Tuesday.
Global oil benchmark, Brent crude, hit a 28-month high on Monday as Saudi Arabia’s crown prince cemented his power over the weekend with an anti-corruption crackdown.
The break-neck speed rally of Bitcoin has left investors wondering where Bitcoin would finally stabilize. Goldman Sachs believes that $8,000 would be the consolidation level for the current rally.
Next trading day's important events
- USDJPY: 114.10
- EURUSD: 1.1573
- S&P 500: 2591.13
- NASDAQ: 6786.44