Forex news from the European trading session – 1 November 2021
Headlines:
Markets:
– NZD leads, GBP lags on the day
– European equities higher; S&P 500 futures up 0.4%

Remarks by US Treasury secretary, Janet Yellen

The new deadline is 3 December
There’s going to be a lot of hooblah on this as per the usual but at the end of the day, the can is just going to be kicked down the road again.

The market has been bullying central banks again as of late, so will policymakers fight back this time around?
The key ones to look out for this week are the RBA, Fed, and BOE meetings. So, let’s cut right to the chase, shall we?

WTI trades back up to above $84 on the day
The $85 mark still poses a modest resistance point on the daily chart but the fundamentals continue to look solid for oil as we look towards next year.