- Futures point to lower opening of today's session in Europe
- China cut annual and 5-year lending rates
- Fed bankers' speeches in the background
We are beginning a new week of trading on international financial markets. As a reminder, Friday's session saw sizable rallies in precious metals (gold and silver), which knocked out their historic or multi-year peaks. Moreover, Bitcoin broke out above $67,000, paving the way for a retest of psychologically important resistance near $70,000. On both classes of instruments, the observed movements are extended today.
We are beginning a new week of trading on international financial markets. As a reminder, Friday's session saw sizable rallies in precious metals (gold and silver), which knocked out their historic or multi-year peaks. Moreover, Bitcoin broke out above $67,000, paving the way for a retest of psychologically important resistance near $70,000. On both classes of instruments, the observed movements are extended today.
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After-session - SAP results for Q3
09:00 BST - Poland, labor market data for September.
- Wages. Forecast: 11.1% y/y. Earlier: 11.1% y/y.
- Change in employment. Forecast: -0.5% y/y. Previously: -0.5% y/y
13:55 BST - Speech by FED Logan
18:00 BST - Speech by FED Kashakri