Markets focus today on PMI readings in Europe and the US and on US consumer sentiment, with a string of central bank speeches from Fed and ECB officials also on the calendar. These soft data will provide important market signals ahead of the December Fed meeting. #PMI #Sentiment #ECB #Fed #FiatNews
#EURUSD remains confined to 1.150–1.155 as markets largely do not expect a Fed rate cut in December. Kevin Hasset, chief economic advisor to President Trump and a leading candidate to head the Fed, said it would not be good to interrupt a cycle of rate reductions in a dovish intervention. #EURUSD #USD #Fed #FiatNews
#CZK The Czech koruna eased some previous gains and is trading near 24.20 EUR/CZK. A strong wave of risk aversion on Wall Street yesterday could keep the currency under pressure today. The domestic macro calendar is empty, so the koruna awaits a more substantive impulse. #CZK #EUR #FiatNews
Mixed September US labor data complicate the Fed's December decision: payrolls rose by 119,000 while the unemployment rate climbed to 4.4% — the highest in over four years. Due to the recent federal government shutdown, this payrolls report is the last release before the Fed meeting on 10 December; October and November figures will be published together on 16 December. Fed officials must therefore weigh other indicators as hawkish voices citing inflation around 3% gain influence. #Fed #USD #FiatNews
European futures opened lower: Euro Stoxx 50 -1.4%, FTSE 100 -1.1%, DAX -1.3%, following US weakness and declines in Asian trading. The moves reflect global risk-off sentiment after tech-led selling in the US and concerns over liquidity and credit stress. #EuroStoxx #FTSE100 #DAX #FiatNews