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Dollar extends gains before Fed minutes

Today's press

  • Dollar extends gains before Fed minutes; pound tanks

    LONDON (Reuters) - The dollar rose for a second consecutive day on Wednesday as firmer stock markets fuelled demand for the greenback, though the release of U.S. Federal Reserve minutes later in the day kept gains in check.

  • World stock recovery loses steam as European auto sector takes beating

    LONDON (Reuters) - A recovery by global stocks proved short-lived as warnings over a slowing European auto sector soured an upbeat mood, while Wall Street was set for a slightly lower open after enjoying its best session in eight months the previous day.

  • Bank of England raises alarm over surge in high-risk lending

    The Bank of England has issued a stark warning over the rapid growth in lending to indebted companies around the world, drawing parallels with the US sub-prime mortgage market that triggered the 2008 financial crisis.

  • Inflation rate rises again, now 11.28%

    The National Bureau of Statistics on Tuesday released the Consumer Price Index, which measures inflation, with the rate rising from 11.23 per cent in August to 11.28 per cent in September 2018.

Next trading day's important events

Forex quotes:

  • USDJPY: 112.06
  • EURUSD: 1.1528

Indices:

  • S&P 500: 2785.37
  • NASDAQ: 7579.87

 


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