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Asian Open: China’s GDP in focus today
The consensus view is for growth to have slowed in China’s GDP report today, leaving some to speculate that more stimulus could follow.
Risk-off in stocks flows into safe haven currencies
The Swiss Franc and the Japanese Yen are considered safe haven currencies
Asian Open: Fed Chair Announcement Pushed Back
Whilst Joe Biden did not announce his decision for the Fed Chair “within four days”, a Whitehouse spokesman says it will be announced before Thanksgiving on Thursday.
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Asian Open: Pound Sinks Post-BOE, AUD/CHF Falls to 4-week Low
The Bank of England (BOE) became the second central bank to catch out hawkish bets this week, behind the RBA – and both events continue to weigh on their respective currencies.
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