With the US offline for Thanksgiving, global markets are taking their cues from Europe, where German consumer confidence improved slightly and euro area sentiment indicators firm modestly alongside a steady uptick in money supply.
The Fed’s latest Beige Book offers little new direction, noting broadly unchanged activity and softer consumer spending outside higher-end segments.
In FX, the pound continues to grind higher after the UK budget, pushing EUR/GBP to a one-month low, while BOJ board member Noguchi reiterates that both premature and delayed tightening carry risks, tempering speculation around near-term policy shifts.
Headlines also include Canada preparing a 25 percent tariff on steel derivatives from 26 December, and conflicting reports over US–Japan discussions on Taiwan.
Looking ahead, Canadian Q3 current account data, ECB meeting minutes, and remarks from the BOE’s Greene will guide today’s calendar.
LMAX Group bozor strategisti Joel Krugerning eksklyuziv FX tadqiqoti
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