US Chicago Fed National Activity Index (Oct) -0.04 (Prev. -0.21)
The Chicago Fed National Activity Index showing a slight improvement to -0.04 from the prior -0.21 suggests a modest stabilization in economic activity.
OHB SE (OHB GY) confirms talks on a potential cooperation with the Rheinmetall Group (RHM GY)
US President Trump says "I am sending Tom Homan to Minnesota tonight. He has not been involved in that area, but knows and likes many of the people there....Separately, a major investigation is going on"
US Chicago Fed National Activity Index (Oct) -0.04 (Prev. -0.21)
India Trade Secretary says India-EU have concluded talks over trade agreement and deal is to be announced tomorrow
Societe Generale says they've already hit the USD 5000/oz gold forecast and now see gold reaching USD 6000/oz by the end of the year, though it could go even higher
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While the index remains below zero, indicating that growth may be below trend, this change could temper concerns about the economy's slowdown and influence the Fed's outlook on policy normalization. Traders should monitor if this trend continues, as it may affect expectations for upcoming rate decisions and shifts in growth-inflation dynamics.
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