EUR/USD
1.15931
0.113%
Gold
4093.96
0.650%
Oil
60.279
-0.467%
USD/JPY
155.448
-0.042%
GBP/USD
1.31465
0.015%
GBP/JPY
204.368
-0.019%
Real-time News
November 19th - UK October inflation came in line with expectations, reinforcing market expectations that the Bank of England will cut interest rates in December. The pound fell slightly after the data release. "Signs that inflation has peaked should prompt the Bank of England to lean towards a rate cut in December," said Schroders economist George Brown in a report. However, whether further rate cuts will occur will depend on the content of the UK budget on November 26th. LSEG data shows that the market currently expects a 79% probability of a Bank of England rate cut in December.The Indonesian central bank kept its benchmark interest rate at 4.75%, in line with expectations.Indonesias 7-day reverse repo rate as of November 19 was 4.75%, as expected and unchanged from the previous rate.British Chancellor of the Exchequer Reeves: Premature disclosure of the budget is unacceptable.South Sudan announced on November 19th that oil shipments have resumed after attacks on energy facilities in neighboring Sudan disrupted its oil operations. “Operations at all South Sudanese oil fields have returned to normal export levels,” said Deng Lual Wol, Deputy Minister of Oil, on Wednesday. “All crude oil has been fully transported to the export terminal at Port Sudan.” Earlier this week, production was suspended due to attacks in Sudan affecting operators in both countries. As a landlocked country, South Sudan relies on pipelines to transport crude oil to terminals along the Red Sea coast for export to global markets.
