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European Central Bank President Christine Lagarde told staff that she plans to step down on February 7.

2026-10-29

European Central Bank President Christine Lagarde told staff that she plans to step down on February 7.

Other News
2026-10-29

CITIC Securities says the Fed held in October as expected; the statement was more upbeat on growth while policy guidance was more circumspect. Post-meeting remarks from Fed officials were milder than in September, noting tighter credit conditions, in

CITIC Securities says the Fed held in October as expected; the statement was more upbeat on growth while policy guidance was more circumspect. Post-meeting remarks from Fed officials were milder than in September, noting tighter credit conditions, inflation expectations moving in the right direction, and flagging changes to the FOMC meeting schedule over the next two years. CITIC continues to expect a 25bp hike in December and judges the terminal rate in this tightening cycle is likely to remain close to current levels. New developments in the Middle East is not yet sufficient to create a clear, durable de-escalation path between the US and Iran; oil prices could stay elevated until the picture clarifies, and further improvement in USD liquidity will need a fresh catalyst.
2026-10-29

Conflict Status: 1. Zelensky: The energy ceasefire has not worked; Russia is still launching attacks. 2. Zelensky: Ukraine will not attack Russian ships carrying diesel fuel for the US. Peace Negotiations: 1. The date for trilateral negotiations

Conflict Status: 1. Zelensky: The energy ceasefire has not worked; Russia is still launching attacks. 2. Zelensky: Ukraine will not attack Russian ships carrying diesel fuel for the US. Peace Negotiations: 1. The date for trilateral negotiations between Russia, the US, and Ukraine will be announced; Russia stated it will not invite Europe to participate. 2. Kremlin Spokesperson: Negotiations on the Ukraine issue will be held in Abu Dhabi after November 4th. Other Developments: 1. Russian nuclear submarine test-fires intercontinental ballistic missile underwater. 2. Britain announces an additional £10 billion in aid to Ukraine. 3. The Netherlands pledges €1.2 billion in aid to support Ukraine's reconstruction. 4. According to the Middle East News Agency (MENA): Egyptian President and Russian President Putin hold talks in Moscow. 5. According to TASS: Russian Deputy Prime Minister Novak stated that Russia has not negotiated with the US on resuming oil projects.
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