Daily Market Insight

• US manufacturing shrinks for eighth month • Fed officials signal diverging views before December rate call • China’s October manufacturing PMI misses forecast • Thailand finalizes plan to buy bad debt • Dollar resilient despite weak ISM manufacturing data

• Fed talk overall stays hawkish • Eurozone inflation eases slightly in October, core holds steady • Tokyo inflation accelerates, strengthening BOJ hike case • China PMI hits longest slump in nearly a decade • Dollar firms broadly against peers on Friday

• Trump–Xi meeting eases tensions with trade and tariff breakthroughs • The ECB left its policy rates and guidance unchanged • Eurozone economy grew slightly faster than expected in third quarter • BoJ holds rates, stays cautious • Dollar gains broadly as markets reassess Fed’s December outlook

• Fed cuts rates as expected; Powell signals December move uncertain • Trump expects to cut fentanyl tariff, discuss Nvidia in Xi talks • Spain Q3 GDP growth driven by domestic demand • Dollar rises on Powell’s hawkish tone

• US-Japan sign agreement for minerals and rare earths • US consumer confidence dips slightly, remains above forecast • ADP will publish weekly US private payrolls data • ECB says consumers’ inflation expectations broadly unchanged • Dollar dips ahead of FOMC

• Trump, Takaichi to discuss trade, security • German business confidence hits 2022 high • South Korea’s Q3 GDP hits 18-month high • Thai exports soar 19% despite Trump tariffs • Dollar opens the week on the back foot

• Trump strikes Asia trade deals ahead of Xi talks • US inflation softer than expected, boosting case for Fed cuts • US PMI expands at second-fastest pace this year • Eurozone PMI surges to highest level since May 2024 • Dollar flats amid soft US CPI report

• US sanctions Russian oil producers to pressure Moscow toward Ukraine peace • Japan inflation accelerates, BOJ hike expectations persist • UK Inflation holds below forecast as food prices fall • BOK keeps rate steady in October meeting • Thailand faces deeper slump as BOT signals Q3 GDP contraction • Dollar holds steady ahead of US CPI release

• Trump eyes ‘good deal’ with Xi, but says meeting not guaranteed • EU to propose delay in enforcement of deforestation law • Takaichi becomes Japan’s first female PM • Thai cabinet approves measures to boost domestic tourism • Dollar edges higher as banking concerns ease

• Trump and Australia’s Albanese sign critical minerals deal to reduce China reliance • BOJ board member Takata keeps call for more rate hikes • China Q3 GDP tops forecasts but hits year-low pace • China home prices slide faster despite easing in major cities • China leaves loan prime rate unchanged in October • Dollar edges up on light trade, shutdown data void