Trading news

ICE Brent settled a little more than 1% higher yesterday, with the market moving closer to the $65/bbl level. Market participants appear more concerned about supply risks than the odds of a surplus going forward, ING's commodity experts Ewa Manthey and Warren Patterson note.

Shelter inflation measured by out-of-pocket expenses is likely to have remained elevated. OER likely understates mortgage costs but overstates costs for those without mortgages in recent years.

Silver (XAG/USD) appreciates for the second consecutive day on Wednesday, reaching intraweek highs above $51.50, as the risk-averse sentiment underpins support for safe assets like precious metals amid the global equity markets’ sell-off.Investors’ concerns about an AI bubble have been weighing on e

Austria HICP (YoY) meets forecasts (4%) in October

Austria HICP (MoM) meets expectations (0.5%) in October

Gold prices rose in India on Wednesday, according to data compiled by FXStreet.

South Africa Consumer Price Index (MoM) fell from previous 0.2% to 0.1% in October

South Africa Consumer Price Index (YoY) climbed from previous 3.4% to 3.6% in October

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after a three-day winning streak and trading around 99.60 during the European hours on Wednesday.

Indonesia Bank Indonesia Rate in line with expectations (4.75%)

Here is what you need to know on Wednesday, November 19:

EUR/JPY moves little after two days of gains, maintaining its position around 180.20, near a fresh all-time high of 180.29, during the early European hours on Wednesday.

The EUR/GBP cross gains ground to near 0.8815 during the early European session on Wednesday. The Pound Sterling (GBP) edges lower against the Euro (EUR) after the UK Consumer Price Index (CPI) inflation report.

United Kingdom PPI Core Output (YoY) n.s.a remains at 3.6% in October

United Kingdom PPI Core Output (MoM) n.s.a rose from previous 0% to 0.1% in October

United Kingdom Producer Price Index - Input (YoY) n.s.a came in at 0.5% below forecasts (0.7%) in October

United Kingdom Producer Price Index - Output (YoY) n.s.a: 3.6% (October) vs 3.4%

United Kingdom Producer Price Index - Output (MoM) n.s.a meets forecasts (0%) in October

United Kingdom Retail Price Index (MoM) in line with forecasts (0.3%) in October

United Kingdom Consumer Price Index (YoY) meets forecasts (3.6%) in October