US Dollar: 1. The US Treasury lowered its fourth-quarter borrowing forecast to $618 billion. Pound Sterling: 1. The final UK October manufacturing PMI report showed accelerated growth in output and new orders, with both input cost and sales price

2026-11-03

US Dollar: 1. The US Treasury lowered its fourth-quarter borrowing forecast to $618 billion. Pound Sterling: 1. The final UK October manufacturing PMI report showed accelerated growth in output and new orders, with both input cost and sales price inflation accelerating. 2. A 25 basis point rate hike to 4% by the Bank of England on Thursday was widely expected, but market and economists are increasingly diverging on the subsequent path. Euro: 1. ECB Governing Council member Machlouf: Action is possible at every monetary policy meeting. 2. ECB Governing Council member Mourinho: France may pass a budget, and the market reaction may be excessive. 3. ECB Governing Council member Eskres: Maintaining interest rates at 2% to keep inflation around 2% is reasonable. Japanese Yen: 1. The AI funding race has spread to Japan, with yen bond issuance reaching a record $16 billion. Korean Won: 1. South Korean President Lee Jae-myung: It's time to shatter the myth that South Korean housing prices only rise and never fall. Other: 1. Reuters poll: The Russian ruble is expected to weaken to 87.75 rubles to the US dollar in 12 months. 2. South African Reserve Bank Governor Lesetja Kganyago: South Africa needs to effectively implement microeconomic reforms to achieve faster economic growth. 3. The Reserve Bank of Australia raised interest rates by 25 basis points as expected, increasing the cash rate to 4.85%, an 18-year high. 4. The People's Bank of China: Conducted a 100 billion yuan SFISF operation today, with a winning bid rate of 10 basis points. 5. Indian Finance Minister Nirmala Sitharaman: India will consider adjusting stock taxes to boost investor confidence.