EUR/USD
1.15589
0.019%
Gold
4129.40
0.330%
Oil
59.659
-0.470%
USD/JPY
154.189
0.042%
GBP/USD
1.31240
-0.384%
GBP/JPY
202.362
-0.331%
Real-time News
Interest rate futures are pricing in a 65 basis point rate cut by the Bank of England by the end of 2026, up from 57 basis points before the release of UK employment data.On November 11, Guan Peng, deputy director of the Fixed Asset Investment Department of the National Development and Reform Commission, said that as of October 29, all 500 billion yuan of new policy-based financial instruments had been disbursed, with a certain amount allocated to support private investment projects in key areas that meet the criteria, effectively promoting the implementation of these projects.Traders are increasing their bets on a Bank of England rate cut; the market expects a 20 basis point cut in December.On November 11th, economists at Bank of America Securities pointed out that while the Bank of Thailand may continue to cut interest rates, the threshold for such cuts has increased compared to the past. Given the current low inflation and weak recovery, the market has almost fully priced in a December rate cut. However, Bank of America believes that unless subsequent data falls short of expectations, the widely anticipated December rate cut may be delayed. Although the new governor is considered more dovish, he cannot guide the Monetary Policy Committees decisions alone. Economists stated that "the committee continues to maintain a data-driven and consensus-oriented decision-making model" and expect the final policy rate to reach 1%. Bank of America predicts that the Bank of Thailand is more likely to implement a rate cut in the first quarter of 2026.On November 11, Lu Dongsen, Deputy Director of the Digital Economy Department of the National Data Administration, stated that the next steps are: First, to support leading companies in various industries in building comprehensive digital empowerment platforms, enabling SMEs to enter the transformation ecosystem through collaborative transformation across the industrial chain, and achieving tangible transformation benefits in areas such as order acquisition, loan financing, and sales expansion; Second, to leverage the role of third-party service providers such as internet platforms and data companies, cultivating more service providers who understand both industry and digitalization, focusing on maximizing the spillover effects of transformation empowerment, and driving more companies to transform and attracting more investment.
