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Stocks down though NQ holds gains; DXY weaker & JPY soars post-Ueda; US IJC due - Newsquawk US Market Open

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Stocks gain on AI optimism while Yen surges on BoJ speculation - Newsquawk US Market Wrap

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Lending rates rise faster than deposit rates in October

On the deposit side, the weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits went up to 6.75 percent in October 2023 from 6.69 percent in September 2023. The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits moved to 6.31 per cent in October 2023 from 6.32 per September 2023. ....

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Overall sentiment tentative ahead of US CPI; Fed speak due - Newsquawk US Market Open

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ECB: Monetary easing still some way off – Wells Fargo

Regardless of whether the Eurozone falls into recession, economists at Wells Fargo see enough growth headwinds to suggest that the European Central Bank's (ECB) monetary tightening is done. ....

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