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New Zealand Dollar weakens in Asian session after RBNZ rate hike, and leads other commodity currencies lower. Dollar firms up mildly as it’s ready to extend recent rally, except versus Yen for now. European majors are mixed, with Sterling have a mild upper hand against Euro and Swiss Franc. Gold is treading water below 1800
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It’s a greek letter  So the rumours was it was going to be called Nu (another greek letter that looks like this ‘v’) . The next letter after Nu would be Xi. It looks weird, and I don’t know the unicode for the keyboard, but here is a picture of it. The left hand letter
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SINGAPORE: prices slid more than 1% on Friday on concerns that a global supply surplus could swell in the first quarter following a coordinated release of crude reserves among major consumers, led by the United States. Brent crude futures extended declines for a third session, falling 96 cents, or 1.2%, to $81.26 a barrel by
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Federal Reserve Chairman Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30, 2021. Al Drago | Reuters Expect more tough talk from the Federal Reserve, as it may consider winding down its bond program sooner than expected. Based on comments from a number of Fed officials, market
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European Central Bank Governing Council member Hernandez de Cos said the PEPP should, in theory, end in March 2022, according to Reuters. He added that other programmes or instruments at ECB’s disposal are linked to hitting to sustained 2% inflation target and that the conditions for interest rate hikes had not yet been met by
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