There were few data issued on Tuesday, but some releases are worth your attention:
The head of the Bank of Japan has confirmed that the policy of low rates is still actual for the nearest future. This measure is going to help to reach the inflation target.
The RBA head Lowe has mentioned on Tuesday that the Reserve Bank of Australia is going to stick to the current monetary policy for some time. He has underlined that he was following the situation attentively.
The Producer prices has reached their maximum on October. They have shown the most significant growth for the past 18 months and reached 3,3% against 3,2% on September.
Experts from Credit Agricole think that Friday’s PMI will have significant impact on fluctuations. If higher than expected, they may give a significant support to the quotes
The head of Bank of England has commented Brexit again. He thinks that the deal on Brexit will have positive impact on British economy. However, Brexit without deal will negatively affect it. In addition, Mark Carney has mentioned that the UK economy is likely to slow down in the final quarter of the year.
Some positive news is coming from the White House. The representative has mentioned that the negotiations on US-China trading deal are still going on. The US president is optimistic on them. The White House representative has also mentioned that the next stage of fiscal reform will take place next year.
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