Gold & silver surge 86%/60% vs. Bitcoin's -1.2% as Fed decision looms. Traders eye inflation risks & policy error.
The RBI cut its repo rate by 25bps to 5.25%, citing subdued inflation and room to support growth. Liquidity steps accompanied the move, and policymakers left open the possibility of another cut, with markets eyeing a terminal rate near 5%.
China's exports rebound 3.8% on US truce, but factory activity shrinks. Trade surplus widens to $100B.
BOJ likely to hike in December, Bloomberg says; yen jumps on report The report boosts market conviction that the BOJ will resume tightening at the December meeting.
PBOC reins in yuan strength, signalling comfort with current level before key policy event The PBOC’s shift toward a neutral fixing bias implies limited yuan upside in the near term
Reserve Bank of India rate cut by 25bp The cut was expected, but not unanimously due to recent better data.
USD/INR eases from record highs as markets await RBI decision and guidance A rate cut or dovish liquidity signals could weaken the rupee and push USD/INR back through 90.
Sponsored
Must Read