<p>ECB’s Villeroy- We Will Raise Interest Rates As Much As Necessary</p>

This article was written by Ryan Paisey at forexlive.com.

<p>UK’s Medium-Term Fiscal Plan Will Be Published On Nov 23rd As Planned – Not Bought Forward</p><p>There was plenty of chatter (and hope) that this would be brought forward, but it seems that the retracements seen in GBP and UK Govt Bond Yields has been enough to avert the panicked/rushed release of any plan (assuming they have one!)</p><p>Hold up… maybe not. – FWIW it was GB News reporting originally – FT reporting that it will be released in October</p>

This article was written by Ryan Paisey at forexlive.com.

<p>A Reuters Exclusive Reveals That -The White House has ruled out any ban or curbs on natural-gas exports this winter, in a bid to help alleviate energy shortages in Europe, according to two people directly involved in the discussions.</p><p>In March, U.S. President Joe Biden committed to deliver 15 billion cubic metres (bcm) more of liquefied natural gas (LNG) to Europe following Russia’s invasion of Ukraine and has already surpassed that goal.Further White House analysis has only cemented support for ongoing exports, the sources said, although rising energy costs and a colder-than-expected winter could test Biden’s commitment. A ban has not been seriously considered, said a U.S. official.</p><p><a target=“_blank“ href=“https://twitter.com/PriapusIQ/status/1577252747539161088?s=20&t=5bz0cgxQUxe0XQcuWaJ06w“ target=“_blank“ rel=“nofollow“>Full Story (follow the link on the Tweet to PiQ Suite)</a></p><p>Not sure a ban was EVER a serious possibility, but, as we mentioned earlier, market pundits are looking for anything and everything to get frothy over right now.</p>

This article was written by Ryan Paisey at forexlive.com.

<p>Newsquawk’s US Market Open: Broadly constructive risk tone after a RBA tightening slowdown & ahead of Fed speak</p><p><a target=“_blank“ href=“https://newsquawk.com/daily/article/?id=2667-us-market-open-broadly-constructive-risk-tone-after-a-rba-tightening-slowdown-ahead-of-fed-speak&utm_source=newsquawk&utm_medium=email&utm_campaign=newsletter&utm_content=us-open“ target=“_blank“ rel=“nofollow“>Full Note (incl Podcast)</a></p><p>European bourses have commenced the session on the front foot as broader sentiment remains constructive largely in a continuation of yesterday’s recovery.</p><p>Stateside performance is very in-fitting, ES +1.5%, ahead of Fed speak and after a constructive update from Foxconn.</p><p>USD continues to pullback to the broad benefit of peers, DXY sub-111.00 at worst while Cable reclaims 1.14</p><p>Core debt is bid across the board, though has since dipped from best levels, with Gilts back above 100.00 but still multiple points shy of pre-Kwarteng levels.</p><p>Crude benchmarks are modestly bid this morning, taking the lead from broader sentiment and associated FX action awaiting OPEC+</p><p>Looking ahead, highlights include US Factory Orders Speeches from Fed’s Williams, Logan, Daly, Mester & Jefferson, ECB’s Lagarde, UK Chancellor Kwarteng.</p>

This article was written by Ryan Paisey at forexlive.com.

<p>Kremlin comments hitting the wires:</p><p>Putin likely to sign laws incorporating annexed regions today.</p><p>We will wait for a change of Kyiv“s position (on negotiating) or a change of president.</p><p>From the very beginning, Russia has wanted to solve the conflict through negotiations.</p><p>We do not want to take part in the West’s rhetoric on nuclear weapons.</p><p>Been a definite shift over past 48hrs from the Kremlin, with regards to claiming they want to negotiate.</p>

This article was written by Ryan Paisey at forexlive.com.