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"Can I stil join that Palantir stock short?"
When Everyone Wants In: The Hard Truth About Late EntriesSomeone asked if it still makes sense to join Palantir now after we had a nice short trade idea on PLTR stock yesterday. That question opens a bigger lesson that applies to every market and every asset: late entries can work, but they demand stricter discipline and, many times, surprising re-entry prices (more distant than you initially imagine or see on your chart).You see a clean move. You feel the pull to jump aboard. That is exactly when trades become harder. Crowded trades get messy. Market makers shake late entrants. The easy part is often already priced in.Why late entries are difficultCrowded trades are hard trades. When many traders try to join, clean fills vanish. Price will often whip around key levels, take obvious stops, and only then move again.Late shorts become liquidity. A stock that already fell in pre market lures reactive shorts. Smart money often drives price back into their entries to force covers. That buying becomes fuel against you.Professionals take profits into chasers. Systematic desks scale out near liquidity. If you are buying or selling at those same levels, you are likely providing their exit.The late entry framework that actually helpsWait for a trap or retest. Look for a stop sweep, a reclaim or loss of VWAP, a break then a clean retest, a quick fake through a prior high or low. You want others trapped, not yourself.Demand a fresh signal. Enter only when your timeframe shows new information, not just a big candle. Examples include a decisive reclaim or loss of a key level with immediate follow through and volume, or a clear rejection confirmed by tape and order flow.Stagger entries. Cast a net at two or three prices clustered around a level that pros care about. Equal size is fine. Do not go all in at one price.Place a professional stop. Stops sit beyond invalidation with a small buffer. Never on the line. Never beyond the opposite threshold of your plan.Manage on rails. Take partial profit at the first clean target. Move the stop to entry after TP1 so the remainder is protected. Let statistics and levels, not feelings, decide what stays on.A word on shorts and timeOver the horizons most people trade, equities tend to rise over time. Shorting can be profitable, but pullbacks against you are often sharper than expected. That is even more reason to demand better entry prices, clearer signals, and disciplined risk control.Palantir as the live exampleContext at publish time: PLTR finished yesterday roughly minus zero point eight percent and is up about three point five percent in pre market today. Today’s intraday VWAP has been acting as resistance near the mid one seventy fours. The goal is not to chase red or green candles. The goal is to sell strength into levels that matter after weaker hands are flushed.Late entry map for PLTR shortsEntries focus only. If you choose to trade, adapt the risk settings to your plan.First sell at 176.03
Rationale: above a VWAP reclaim and near the value area low from October 15 where supply can reappear.Second sell at 178.06
Rationale: deeper into the supply pocket where short covers exhaust.Third sell at 180.33
Rationale: final tier into a higher liquidity shelf.Equal size across all three entries. If all three fill, the average entry is 178.14.Now, that 3rd sell order is high, perhaps too high, and is mainly there, in this specific case, as a low probability fill backup. Traders can easily decide, at their discretion to set sell orders at the 2 of the 3 sell orders above. Some would even just join the $176 zone sell and manage their trade from there (power tip for traders: set a price where you would move the stop to the entry)Suggested invalidation
Place the stop a small buffer above the highest entry. A practical example is above 181.00. This keeps the stop beyond the supply band yet tight enough to keep the plan attractive.Management suggestion
After your first target is achieved, move the stop on the remainder to your average entry to protect the position. For targets, you can reference yesterday’s investingLive.com PLTR short plan. At minimum, consider using the furthest target from that plan as one of your take profit references. If momentum weakens earlier around intraday supports near the mid one seventies, take a first partial there and let the rest seek the deeper levels only if price continues to confirm.Why wait this high
You want late shorts to be forced out first. When those covers exhaust, the buy pressure fades, and supply can take over again. Selling into that exhaustion gives you a better location and a cleaner risk reward than chasing weakness.Important housekeeping
If you use good till canceled orders, review them regularly. If the larger premise changes or your timeframe expires, cancel the orders so you do not get a fill weeks later under a different regime.Concise answer to the PLTR questionIf you want in after yesterday’s small drop and today’s pre market pop, do not chase. Let PLTR reclaim and test above intraday VWAP, then stage equal size sells at 176.03, and 178.06. This is not a full trade idea like yesterday's so setting your stop is up to you. If you want to practice and see ideas around that and more trading elements, you are welcome to join us at https://t.me/investingLiveStocks (it's free).After your first take profit is hit, move the stop to your average entry and manage the rest toward the deeper targets from the prior trade idea if momentum continues to confirm.Closing thoughtYou do not need more trades. You need better trades. Late entries are not forbidden. They are earned. Wait for the trap, demand a fresh signal, scale with intent, and manage by rules. If you are not filled, that is fine. The market will always offer another clean chance.
This article was written by Itai Levitan at investinglive.com.
PBOC governor says will continue to implement appropriately loose monetary policy
The Chinese central bank will announce their next decision on the benchmark lending rates next Monday but are expected to keep them unchanged. That will mark the fifth straight month that rates stay on hold with policymakers having to keep a watchful eye on US-China trade tensions.Amid worries that the trade conflict could blow up at any time, Beijing will want to keep monetary policy accommodative. So, don't expect too much of a change in stance as they have been doing their job on this front for a while now. It's the fiscal side that has been the real issue for China.
This article was written by Justin Low at investinglive.com.
B2PRIME Accelerates Institutional Expansion with Strategic Hires from iSAM Securities
B2PRIME Group, a global financial services provider for institutional and professional clients, has announced the appointment of James Wale and Aaron Brown as Managing Executives, marking a significant step in the company’s ongoing expansion across Europe and the Middle East & North Africa (MENA) regions.James Wale joins B2PRIME with more than 15 years of experience in institutional trading, liquidity management, and business development. Most recently, he served as Head of Institutional Sales at iSAM Securities, where he managed relationships with hedge funds, brokers, and proprietary trading firms throughout EMEA. His career also includes senior roles at CMC Markets, Varengold Bank, and FIXI, where he was instrumental in building institutional sales pipelines and forging strategic liquidity partnerships.Aaron Brown, also joining from iSAM Securities, previously held the position of Sales Director, overseeing business development across MENA. With a strong background in institutional sales and operations, Aaron has held leadership roles at ADSS, INFINOX, Finalto, and Global Market Index, in addition to early experience with the London Metal Exchange and FXCM. His understanding of the regional landscape and proven ability to drive business growth will support expanding B2PRIME’s institutional footprint in key emerging markets.“We’re thrilled to welcome James and Aaron to the B2PRIME family,” said Eugenia Mykuliak, Founder & Executive Director at B2PRIME Group. “Their extensive institutional experience and client-focused approach align with our mission. Strengthening our institutional team reinforces our commitment to providing reliable services as we continue to expand our global presence.”Commenting on his appointment, James Wale said: “Joining B2PRIME offers an opportunity to be part of a company that’s focused on innovative solutions in institutional liquidity and technology. The firm’s established reputation and innovative approach provide a solid foundation to deliver enhanced value to institutional clients.”Aaron Brown added: “B2PRIME’s ambitious growth strategy and expanding global reach make this an ideal time to come on board. I look forward to helping strengthen our presence in the Middle East and enhancing our services for institutional partners.” About B2PRIME GroupB2PRIME Group https://b2prime.com is a global financial services provider for institutional and professional clients. Regulated by reputable authorities—including CySEC, SFSA, FSCA, FSC Mauritius, DFSA (Dubai) —the group of companies offer access to competitive liquidity across multiple asset classes. Committed to the highest compliance standards, B2PRIME provides institutional-grade trading solutions with a focus on reliability, transparency, and operational excellence.
This article was written by IL Contributors at investinglive.com.
EURUSD Technical Analysis: The dollar stays on the backfoot as rate cut bets increase
Fundamental
OverviewThe USD weakened across the
board on renewed risk-off sentiment apparently caused by concerns around bad regional
bank loans and some stress in money market rates. Moreover, the weakness in US
equities contributed to depress Treasury yields as markets increased rate cut
bets. The US government shutdown
continues to delay many key US economic reports. The dollar “repricing trade”
needs strong US data to keep going, especially on the labour market side, so
any hiccup on that front is likely to keep weighing on the greenback. The BLS announced last week
that despite the shutdown, it will release the US CPI report on October 24, so
that’s going to be a key risk event. That will need to be seen in the context
of US-China relations and any negative shock by that time though. If things go
south, then the CPI will not matter much as growth fears will trump everything
else. On the EUR side, the single
currency found support this week as the French political risk eased after Lecornu
survived the no-confidence vote. On the monetary policy side, nothing has
changed. The ECB is not expected to adjust rates for a long time unless we get
significant deviation from their inflation target. In fact, the vast majority
of ECB members is comfortable with the current rate setting and will not
respond to small or short-term deviations from their target barring a clear
shock in the economy.EURUSD Technical
Analysis – Daily TimeframeOn the daily chart, we can
see that EURUSD broke above the major trendline and extended the rally as the
buyers piled in more aggressively. The target for the buyers should be around
the 1.1831 level with a break above that resistance opening the door for a new cycle
high. If the price gets there, we can expect the sellers to step in with a
defined risk above the 1.1831 level to position for a drop back into the 1.16
handle. EURUSD Technical
Analysis – 4 hour TimeframeOn the 4 hour chart, there’s
not much we can glean from this timeframe, so we need to zoom in to see some
more details.EURUSD Technical
Analysis – 1 hour TimeframeOn the 1 hour chart, we can see that we have a minor upward trendline
defining the current bullish momentum. The buyers will likely lean on the trendline
to keep pushing into new highs, while the sellers will look for a break lower
to pile in for a drop back into the 1.16 support. The red lines define average daily range for today. Upcoming
CatalystsWe don’t have anything
on the agenda today with the focus remaining on US-China developments and now
on regional banks and money market rates.
This article was written by Giuseppe Dellamotta at investinglive.com.
BoE's Pill: A more cautious withdrawal of monetary policy restriction may be appropriate
There is a risk that self-sustaining inflationary dynamics embed in expectationsMust guard against cutting too far or too fastVote to maintain rates is a skip rather than a haltContinue to see rate cuts if the economy evolves as forecastNeed to recognise CPI stubbornness as more pressingShocks could prompt policy changes either wayPill has made similar comments recently, so these are not new. There's been a slow but clear shift of focus in the MPC towards inflation recently. That shouldn't be too surprising given the elevated inflation and wage growth, and rising consumer inflation expectations.
This article was written by Giuseppe Dellamotta at investinglive.com.
Eurozone September final CPI +2.2% vs +2.2% y/y prelim
Prior +2.0%Core CPI +2.4% vs +2.3% y/y prelimPrior +2.3%The final revision sees core annual inflation tick a little higher in September. Once again, this just reaffirms the current stance by the ECB to keep policy on hold through to year-end at least.
This article was written by Justin Low at investinglive.com.
Gold's parabolic surge continues: Everyone's chasing this train now
Fundamental
OverviewGold continues its
parabolic surge amid the lack of bearish catalysts. Right now, it’s just a
momentum play. The uncertainty around the renewed US-China trade war,
some concerns around regional bank loans and money markets stress, continues to
add support for the market. If financial conditions tighten
because of these concerns though, we could see gold actually falling. This is
what generally happens in extreme conditions as inflation expectations crumble.
Nevertheless, the buyers
might want to decrease risk here or at least bet with lower size as such quick
spikes into a parabolic surge like we’ve seen tonight generally precede tops. In the bigger picture, gold
should remain in an uptrend as real yields will likely continue to fall amid
the Fed’s dovish reaction function.Gold
Technical Analysis – Daily TimeframeOn the daily chart, we can
see that gold extended into yet another all-time high as the lack of bearish
catalysts keeps the bullish momentum intact. This rally went so much parabolic
that it’s basically useless to look at the daily timeframe at the moment, so we
need to zoom in to see some more details. Gold Technical Analysis
– 4 hour TimeframeOn the 4 hour chart, we can
see that we have an upward trendline defining the bullish momentum on this
timeframe. If we were to get a pullback into it, we can expect the buyers to
lean on the trendline with a defined risk below it to position for a rally into
new highs. The sellers, on the other hand, will want to see the price breaking
lower to extend the drop into new lows.Gold Technical Analysis
– 1 hour TimeframeOn the 1 hour chart, we can
see that we have another minor upward trendline defining the bullish momentum
on this timeframe. The buyers will likely lean on the trendline to keep pushing
into new highs, while the sellers will look for a break lower to target the
next trendline around the 4,050 level. We have also a minor resistance around
the 4,380 level. If the price breaks above it, we could see the buyers increasing
the bullish bets again to target new highs. The red lines define the average daily range for today. Upcoming
CatalystsWe don’t have anything
on the agenda today with the focus remaining on US-China developments and now
on regional banks and money market rates.
This article was written by Giuseppe Dellamotta at investinglive.com.
Japan's Nippon Ishin party co-leader says made big progress in talks with LDP today
That should put a smile on Sanae Takaichi's face as it likely reflects better odds now of her becoming the next prime minister. Any pact/alliance is still yet to be formalised though but with the LDP pushing for a vote on 21 October, one can believe that the talks today are merely to finetune an agreement between both sides.Fujita also says that they will stop any discussions with opposition parties as talks with the LDP now enters into the stage of finalising details. As for the overall backdrop, I summarised the situation here: Japan's LDP and Nippon Ishin parties set for second round of talks today
This article was written by Justin Low at investinglive.com.
Dollar stays under pressure to start the session
We're seeing a risk selloff as equities slump but so is the dollar at the moment. Instead, bonds are finding more bids while the Japanese yen and Swiss franc are the preferred plays in the major currencies space. USD/JPY is down 0.6% on the day now to 149.48 and is it time to close the gap from last Monday's open?A hold below the 150.00 mark will certainly keep sellers very much interested. That especially with price action also tripping below the 50.0 Fib retracement level of the swing higher to start October trading.This is all coming as 10-year Treasury yields are sticking with the break under 4%, falling further to 3.93% on the day.Elsewhere, EUR/USD is up 0.1% to 1.1700 with large option expiries offering up some pull while USD/CHF is down 0.5% to 0.7890 on the day. Even as the dollar struggles though, commodity currencies are worse off amid the risk-off mood in markets today with AUD/USD down 0.5% to 0.6453 currently.S&P 500 futures are now down 1.2% while in Europe, the DAX is posting 2% losses so far to start the session.
This article was written by Justin Low at investinglive.com.
What are the main events for today?
In the European session, we don't have much on the agenda other than the Eurozone final CPI which is not going to change anything for the ECB at this point. In the American session, we will just hear from some more central bank speakers who keep on repeating the same stuff over and over again. The focus for now remains on US-China developments but two new concerns were added to the list. On one hand we have some concerns around bad loans made by some regional US banks. On the other hand, we have some stress in money market rates. The money market rates part is what matters the most as it's a tightening in financial conditions and can have serious impacts on the economy, especially with the US-China uncertainty. Powell recently said that they are "approaching the end of QT as some signs have begun to emerge that liquidity conditions are gradually
tightening, including a general firming of repo rates". Market participants will focus on this stress as the 2019 repo rate spike prompted the Fed to intervene. Central bank speakers:09:35 GMT/05:35 ET - BoE's Pill (neutral - voter)11:00 GMT/07:00 ET - BoE's Greene (hawkish - voter)12:35 GMT/08:35 ET - ECB's Nagel (neutral - voter)16:15 GMT/12:15 ET - Fed's Musalem (hawkish - voter)16:20 GMT/12:20 ET - BoE's Greene (hawkish - voter)16:30 GMT/12:30 ET - BoE's Breeden (neutral - voter)17:00 GMT/13:00 ET - ECB's Rehn (dovish - voter)
This article was written by Giuseppe Dellamotta at investinglive.com.
Bitcoin trade idea as bears regain control (join the short)
Bitcoin Futures Analysis for the End of the Week with tradeCompassYesterday’s Ethereum tradeCompass was a success. The bullish threshold was activated, two profit targets were reached, and as per our methodology, the stop was moved to the entry after the first or second target. When Ethereum reversed later, the second half of the position was stopped at breakeven — the first half secured profit, the second was neutral, resulting in a winning trade overall.This highlights how tradeCompass operates. It’s primarily designed for short-term traders but is also suitable for swing and even long-term traders in cases where major reversal zones are identified. Most of the time, however, it focuses on key technical levels during the week or even within the day, helping traders engage around the most active price zones.Those following our trade ideas on the investingLive.com Stocks Telegram Group know that we typically move the stop to entry after taking partial profits — often after the first or second target. This structured approach allows the strategy to secure wins even if the move turns out to be a retracement rather than a full trend continuation. Another key principle: one trade per compass. Once a bullish or bearish side is triggered, that’s the only direction traded for that setup.Ethereum Follow-UpEthereum futures continue to lean bearish. If price sustains below $3,800, there’s room for further downside toward $3,555, signaling a potential continuation of the broader crypto cooling phase.Bitcoin Futures Short SetupFollowing that temporary crypto rebound, Bitcoin remains within a bearish structure. The goal of this setup is to align with the potential continuation of that broader decline if the price retraces into our predefined sell zone. These are not random levels — they’re derived from our analysis of VWAP deviations, value area dynamics, and liquidity pools.Setup details:1st Sell: 107,6452nd Sell: 108,2753rd Sell: 108,800Average Entry: 108,240Stop: 110,225 (+1.83%)TP1: 105,885 → take one-third off (+2.18%)TP2: 103,380 → take another third (+4.49%)TP3: 93,590 → leave the final third open (+13.54%), targeting a potential breakdown below $100,000Blended Reward: ~3.7RAll entries and exits are equal in size. Once TP1 is reached, move the stop to entry to protect the rest of the position. The last third aims to capture an extended bearish leg if a liquidity flush occurs under the 100K zone.Bitcoin Technical Analysis on the Daily Chart: Bears are in Control after Anchored VWAP was not ProtectedOn the daily chart above, Bitcoin is currently trading around $106,430 and testing a critical technical structure:The purple line marks the anchored VWAP from the April low — an important pivot point that previously attracted strong buyers.At Point 1, after touching this anchored VWAP, price reacted strongly to the upside.At Point 2, however, buyers failed to defend that same VWAP, suggesting weakening demand.The yellow channel illustrates the broader trading range that has contained Bitcoin since May. With the VWAP defense broken, the next logical destination could be the lower boundary of this channel, aligning with roughly the $100,000 area. This level is also a psychological round number, where many stop orders and pending liquidity are concentrated.If price approaches this level, we could see one of two outcomes:A liquidity run — market makers triggering stops and reversing upward, orA bear flag breakdown, confirming deeper downside momentum below 100K.Either way, it’s a zone where large players are likely to engage, making it a crucial area to monitor over the coming sessionsEducational Corner – Understanding the Tools Behind tradeCompassVWAP (Volume Weighted Average Price)
VWAP reflects the average traded price weighted by volume. It’s widely used as a real-time fair value benchmark. When price trades above VWAP, it indicates relative strength; when below, relative weakness. Standard deviation bands around VWAP highlight how far price has stretched, helping traders spot potential exhaustion zones for reversals or breakouts.Value Area (VAH & VAL)
The Value Area High (VAH) and Low (VAL) define where approximately 70% of the total traded volume occurred during a session. These levels reveal where most traders agreed on price value. Breaks outside these areas often precede either strong directional trends or false breakouts that quickly reverse once large orders are absorbed.Liquidity Pools
Liquidity pools are clusters of stop orders or pending orders around psychologically or technically significant prices — like previous highs/lows, VWAP deviations, or round numbers such as 100,000 in Bitcoin. Market makers often drive price toward these pools to trigger liquidity events before reversing. Identifying these zones allows traders to anticipate where large participants — the “strong hands” — are most likely to act.Together, VWAP, the value area, and liquidity mapping form the analytical backbone of tradeCompass. These tools help detect where high-probability opportunities exist and where the market might pivot due to the behavior of major participants.Final Note for Crypto Traders Today (17 Oct, 2025)This analysis is for educational purposes only and not financial advice. The purpose is to help traders understand how price interacts with volume, liquidity, and key technical structures — and how to manage trades with discipline.To follow our daily tradeCompass updates and market insights, join our Telegram group at https://t.me/investinglive_stocks, where you will find, among education, trade ideas on a variety of tradable assets - futures, stocks, commodities, FX pairs, crypto. Always at your own risk only, we never provide financial advice.
This article was written by Itai Levitan at investinglive.com.
investingLive Asia-Pacific FX news wrap: Gold’s wild swings; Kautious Kashkari; EUR up
Westpac says RBA’s November meeting remains "well and truly" live after jobs dataFederal Reserve Bank of St. Louis President Alberto Musalem speak on FridayBank of England Chief Economist Huw Pill speaks on FridayJapan LDP, opposition CDP, agree to hold vote to decide next prime minister on Oct 21MUFG: ECB may cut again by mid-2026 but euro seen firm as Fed eases fasterGold washing out from its record high, back under US$4290Seoul warns of FX risks as Trump pushes for US$350 bn upfront paymentPBOC sets USD/ CNY reference rate for today at 7.0949 (vs. estimate at 7.1154)China’s Canadian oil imports hit record as Beijing shuns US crudeSeptember Singapore Non-oil Domestic Exports (NODX) +6.9% y/y (vs. expected -2.1%)Standard Chartered say global reserve managers are trading the US dollar countercyclicallyKashkari: Fed may be overstating slowdown, backs more insurance rate cutsUS jobless claims seen falling, but labour market remains sluggish - previewWestpac: US dollar strength driven by yen weakness and global policy divergenceNomura: China likely to drop specific growth target in 15th Five-Year PlanS&P: Trump’s tariffs to cost $1.2 trillion, consumers bear most of burdenReports that the US military have struck another drug boat in the CaribbeanECB's Scicluna says the Bank must not rush into further rate cutsFed's Kashkari says its too soon to know the impact of tariffs on inflationSOFR rise above Fed Funds signals emerging US funding tightness (**** could hit the fan)ICYMI: China accuses US of fuelling global panic over rare earth export curbsOn & on it goes. HSBC see gold rally extending in 2026: fiscal fails, central bank demandPharma giants NVO and LLY stock prices slammed lower after hours - Trump comments weighingTrump says he thinks the price of fat loss drugs will fallMiran talking down tariff inflation impactUS stocks close lower. Russell 2000 tumbles by over 2%investingLive Americas market news wrap: Waller signals 25 bps rate cut this monthGold staged another volatile session, surging to a record high above US$4,370 late in the U.S. day and into the Asian morning. The near-parabolic rally was followed by a swift plunge, reversing sharply below US$4,290, and followed then by a recovery, with prices stabilising around US$4,260 later in the session. There was no clear catalyst behind the move(s). Silver also hit a record high above US$54.30.In equities, regional markets slipped, tracking Thursday’s weak Wall Street close, as concerns over risky bank lending continued to weigh on sentiment.Among corporates, Novo Nordisk and Eli Lilly fell in after-hours trading after President Trump remarked on a push for price cuts on weight-loss drugs, pressuring the sector.From the Federal Reserve, Minneapolis Fed President Neel Kashkari said he expects two more “insurance” rate cuts before year-end, describing the economy as stronger than perceived. His balanced remarks reinforced expectations for measured, rather than aggressive, policy easing.In currencies, the euro outperformed, with EUR/USD climbing back above 1.1710, while USD/CHF drifted lower toward 0.7900 as the Swiss franc firmed.
Asia-Pac
stocks:Japan
(Nikkei 225) -1.28%Hong
Kong (Hang Seng) -1.59%Shanghai
Composite -1.00%Australia
(S&P/ASX 200) -0.75%
This article was written by Eamonn Sheridan at investinglive.com.
Westpac says RBA’s November meeting remains "well and truly" live after jobs data
Australia’s unemployment rise in September has kept the Reserve Bank of Australia’s November policy meeting “well and truly live,” according to Westpac.The bank said that a stronger participation rate coupled with softer hiring has introduced slightly more slack into the labour market, signalling the economy is cooling but not sharply.Westpac maintains that a 25-basis-point rate cut remains a real possibility, though the Q3 CPI release on 29 October will be decisive. A benign inflation print would likely give the RBA confidence to begin its easing cycle, while a stronger result could delay the first move until early 2026.
This article was written by Eamonn Sheridan at investinglive.com.
Federal Reserve Bank of St. Louis President Alberto Musalem speak on Friday
1615 GMT / 1215 US Eastern time:Federal Reserve Bank of St. Louis President Alberto Musalem discusses the U.S. economy and monetary policy before the Institute for International FinanceWe heard from Musalem earlier in the week, more dovish than hawkishFed's Musalem: Feds goals are in tension
This article was written by Eamonn Sheridan at investinglive.com.
Bank of England Chief Economist Huw Pill speaks on Friday
0935 GMT / 0535 US Eastern time:Bank of England Chief Economist Huw Pill gives speech at Speech at the Institute of Chartered Accountants in England and Wales (ICAEW) Annual Conference--At its September 2025 meeting, the Bank of England’s Monetary Policy Committee (MPC) voted 7–2 to maintain Bank Rate at 4%, while also approving a £70 billion reduction in the stock of government bonds held for monetary policy purposes over the next year.Markets expect the BoE to tread cautiously ahead. Further rate cuts remain possible, but their timing will depend heavily on how inflation trends evolve and whether signs of sustained labour-market weakening emerge.
This article was written by Eamonn Sheridan at investinglive.com.
Japan LDP, opposition CDP, agree to hold vote to decide next prime minister on Oct 21
Intense negotiations continue in Japan in lobbying for the next prime ministership. The LDP elected Sanae Takaichi as its first female leader and likely next prime minister. She has had difficulty in gaining required coalition support though. The yen was trashed on her election, she is a supporter of further fiscal support and loose monetary policy. As her path to PM has become obstructed, though, the yen has recovered some ground.
This article was written by Eamonn Sheridan at investinglive.com.
MUFG: ECB may cut again by mid-2026 but euro seen firm as Fed eases faster
The European Central Bank could deliver another interest-rate cut by mid-2026, but that may not stop the euro from strengthening against the dollar, according to MUFG.Analysts at MUFG said the Federal Reserve is likely to be more active in easing policy over that period, with markets potentially pricing in additional Fed rate cuts, which would narrow yield differentials in the euro’s favour.While the ECB has signalled no immediate policy changes, MUFG said there remains scope for further easing if inflation continues to trend lower. He noted that energy prices could ease following OPEC+’s production increase and as China redirects exports away from the U.S., factors that could help bring eurozone inflation down further. ---MUFG’s outlook highlights potential divergence in policy momentum between the ECB and Fed. A faster U.S. easing cycle could limit dollar strength, keeping EUR/USD supported near medium-term highs even if eurozone rates edge lower.
This article was written by Eamonn Sheridan at investinglive.com.
Gold washing out from its record high, back under US$4290
"Gold is down because ..." Are y'all ready for the tedious hindsight narratives that'll arrive hours after the fact?That's a shame. 'Cause I don't have any. It's a wild session, slammed from its parabolic high. There will be more volatility to come.
This article was written by Eamonn Sheridan at investinglive.com.
Seoul warns of FX risks as Trump pushes for US$350 bn upfront payment
South Korean Finance Minister Koo said it’s uncertain whether Trump will accept Seoul’s opposition to a US$350 bn upfront investment.Seoul warns a one-time payment could destabilise FX markets, risking a crisis.Koo raised the issue with U.S. Treasury Secretary Bessent, who agreed to convey Korea’s concerns.The July trade deal remains pending amid disputes over investment funding. Info via Yonhap. ---South Korea’s Finance Minister Koo Yun-cheol said it remains uncertain whether President Donald Trump will accept Seoul’s opposition to a US$350 billion upfront investment tied to their July trade deal.Speaking in Washington, Koo said such a large one-off payment could destabilise Korea’s foreign-exchange market, potentially sparking financial stress similar to the 1997 Asian crisis.Koo raised the issue with U.S. Treasury Secretary Scott Bessent, who acknowledged Seoul’s concerns and pledged to relay them to senior officials including Commerce Secretary Howard Lutnick.He said U.S. officials “understand Korea’s position,” but it’s unclear if Trump will agree. The deal, which would lower U.S. auto tariffs to 15% in exchange for investment commitments, remains pending amid talks over funding terms and structure.
This article was written by Eamonn Sheridan at investinglive.com.
PBOC sets USD/ CNY reference rate for today at 7.0949 (vs. estimate at 7.1154)
The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%.The previous close was 7.1230The setting today at 7.0949 is the strongest for CNY since 15 October 2024.PBoC injects CNY 164.8bln via 7-day reverse repos, rate at unchanged 1.40%the net drain today is 244.2bn yuan
This article was written by Eamonn Sheridan at investinglive.com.
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