US Dollar:
1. Chicago Fed: Real-time models show the US unemployment rate was 4.35% in October, essentially unchanged from the official August report.
2. Morgan Stanley: The Federal Reserve is expected to cut interest rates by 25 basis points for the second time this week, bringing the federal funds rate to a range of 3.75%-4.00%.
3. BlackRock CEO Fink: Capital has been flowing back to the US over the past two months, and the bank will be overweight US equities over the next 18 months.
4. Goldman Sachs CEO Solomon: We don't see a US economic slowdown in the near term. The vast majority of capital allocation will flow into US assets.
Major Non-US Currencies:
1. People's Bank of China Governor Pan Gongsheng said on the 27th that the central bank will resume open market Treasury bond trading.
2. ECB survey: Eurozone businesses are optimistic about the future outlook, but are concerned about inflation risks.
3. Reserve Bank of Australia Governor Bullock: A decision needs to be made on whether to cut interest rates to boost employment.
4. Japanese Finance Minister Katayama Satsuki: No detailed discussions were held with US Treasury Secretary Benson. Exchange rates should fluctuate in a stable manner, reflecting fundamentals. Bessant may not be urging the Bank of Japan to raise interest rates.
5. U.S. Treasury: Treasury Secretary Bessant emphasized in a meeting with Japan's Finance Minister that sound monetary policy and enhanced communication play an important role in stabilizing inflation expectations and preventing excessive exchange rate volatility.
Other:
1. The Central Bank of Ukraine set the official hryvnia exchange rate at 42.07 to the dollar on Tuesday, a new record low.
2. The Central Bank of Pakistan kept its benchmark interest rate unchanged at 11.00%, in line with market expectations.
3. Polish Central Bank member Kotecki: We currently support holding off on further rate cuts.
4. Traders say the Reserve Bank of India may be selling dollars to support the rupee.
5. The Bangko Sentral ng Pilipinas: We will continue to maintain ample reserves. When we do participate in the market, it is primarily to mitigate inflationary fluctuations in the exchange rate over time, rather than to prevent short-term intraday volatility.
6. Polish Central Bank official Litvinyuk: We cannot rule out the possibility of another rate cut, possibly in November.
