Euro zone inflation hits 4% in October as energy costs surge and ECB hike odds rise
Euro zone inflation rose to 4% in October, its highest level in three years, driven mainly by energy costs. Core…
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UK services PMI hits eight-month high of 52.8 as hiring returns and costs climb
UK services activity grew at its fastest pace in eight months in October, with the services PMI at 52.8 and…
Riksbank raises policy rate to 2% as inflation pressures build
The Riksbank raised its policy rate by 0.25 percentage points to 2%, citing rising inflation and stronger economic activity. It…
Dollar falls to one-month low as Democratic midterm gains raise AI regulation fears
The US dollar fell to a one-month low after Democrats captured Congress in the midterm elections. Investors worried about tougher…
Aussie slips to near three-week low despite RBA rate hike
The Australian dollar fell to its lowest since October 16 even after the Reserve Bank of Australia raised its cash…
