NY Fed explains the latest WEI increase to 2.48% from 1.74% the week prior is "due to rises in steel production, tax withholding, railroad traffic, electricity output, and fuel sales, which more than offset falls in retail sales and consumer confidence and an increase in initial unemployment claims."
NY Federal Reserve/MNI
Find more articles and bullets on these widgets:
ERM4 96.375/96.25/95.875 put ladder bought for 3 in 3k
Italy to sell the following at the Nov 10 M-T/L-T auction:
Larger options rolling off at Wednesday's NY cut could define the spot range for EUR/USD, with over $4bln notional tied to strikes layered between $1.0600-1.0720. Meanwhile the AUD/USD pipeline includes sizeable interest at $0.6380-00, which may limit any recovery rally in spot after the dovish RBA: