Minutes from the September FOMC meeting will be released at 7:00 pm (BST) and unveil reasons behind the second consecutive rate cut this year and may hint about further policy action. The last vote was divided with three votes against the decision (two votes against cut and one calling for more aggressive rate reduction). However, it is worth to note that the attitude from bankers could have changed dramatically after recent poor ISM readings. It causes that minutes may not give a fresh picture of the current situation. Nevertheless, the US dollar slightly loses a few hours before publication. EURUSD is approaching important level of 1.1000.
Pound slumps as Burnham enters the race to be PM, as Cerebras has stunning IPO
Daily Summary: Market euphoria shows no signs of letting up 🚀
Market Wrap: What does Trump's Beijing visit mean for the markets?
UK bonds recover as GDP surges, and market mood remains upbeat
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
