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.
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.
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.
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
- USDJPY: 112.06
- EURUSD: 1.1528
- S&P 500: 2785.37
- NASDAQ: 7579.87