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In Recession and Uncertainty: The Bank of England Raises Interest Rate to a 30-Year High | Daily Market Analysis
Key events: UK – Construction PMI (Oct) Eurozone – ECB President Lagarde Speaks USA – Nonfarm Payrolls (Oct) USA – Unemployment Rate (Oct) Canada – Employment Change (Oct) Canada – Ivey PMI (Oct) Bank of England (BoE) aggressively raised its policy rate by 75 basis points to 3.00% in yesterday's monetary policy announcement.
Markets On the Eve of Fed`s Interest Rate Decision | Daily Market Analysis
Key events: USA – ADP Nonfarm Employment Change (Oct) USA – Crude Oil Inventories USA – FOMC Statement USA – Fed Interest Rate Decision USA – FOMC Press Conference U.S. stock indices, which began an active growth in trading on Tuesday, ended the session in the red after the publication of strong macroeconomic statistics, which increased the likelihood of a more aggressive tightening of monetary policy by the U.S. Federal Reserve (Fed).