Forex Today: Market mood improves slightly to start the new week

this week’s key macroeconomic data releases. Later in the session, Germany’s Bundesbank will publish its monthly report and the European Commission will release the preliminary Consumer Confidence data for October. The Federal Reserve Bank of Chicago’s National Activity Index will be featured in the US docket in the American session. US Dollar price today The table below shows the percentage change of US Dollar against listed major currencies today.

Following Jim Jordan’s third failed vote on Friday, 9 Republican lawmakers announced their candidacies for speaker. Republicans will reportedly meet on Monday to discuss the candidates and have an internal vote Tuesday morning. Meanwhile, Israel’s military said that it will ramp up aerial bombardment of Gaza and called for civilians to evacuate to northern parts of the region.

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Monday pre Asia open: Digesting the bond market turmoilEquity markets faced a challenging week, influenced mainly by the ongoing sell-off in the Treasury market. The S&P 500 declined by 2.4%, with notable
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Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yieldsAsian shares have started the week lower, as higher risks of broader conflict in the Middle East cloud market sentiment and bond yields continue to rise.
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