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Eurozone Sentix Investor Confidence Index edges higher to -12.8 in November vs. -13.8 previous

  • Eurozone investors’ morale improves further in November.
  • EUR/USD holds the recovery near 1.0900 after the encouraging Eurozone data.

The Eurozone Sentix Investor Confidence Index improved slightly to -12.8 in November from -13.8 in October, the latest survey showed on Monday.

US: A big October NFP miss solidifies November FOMC rate cut expectations – UOB Group

The latest US Employment Situation report by the Bureau of Labor Statistics (BLS) last Friday (1 November) turned in a much weaker jobs creation and an unchanged unemployment rate, as weather events (Hurricanes Helene and Milton) and strike activity in manufacturing peppered the US labor market outlook, UOB Group’s Senior Economist Alvin Liew notes.
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