US Dollar: 1. Discussions surrounding the length of New York Fed President Williams' term have sparked debate, potentially impacting the regional Fed landscape again due to White House influence. 2. AI trading reignites, with the Nasdaq 100 recover

2026-11-12

US Dollar: 1. Discussions surrounding the length of New York Fed President Williams' term have sparked debate, potentially impacting the regional Fed landscape again due to White House influence. 2. AI trading reignites, with the Nasdaq 100 recovering all losses since the US midterm elections. 3. A Reuters poll predicts the 2-year Treasury yield will fall to 4.66% in the next three months and to 4.59% in six months. The 10-year yield is expected to remain unchanged at 5% and fall to 4.96%, respectively. Euro: 1. The EU and UK will postpone the 10% tariff on electric vehicles. 2. ECB Governing Council member Machlouf: Price pressures are primarily confined to the energy sector. 3. France signals support for Spanish candidate De Cos to become ECB President. Japanese Yen: 1. Japanese Prime Minister Sanae Takaichi: The government and central bank will continue to coordinate and cooperate to achieve price stability and economic growth. 2. Bank of Japan dovish board member Asada Toshiro calls for caution regarding the pace of interest rate hikes, but currently does not consider proposing rate cuts. Other: 1. The Swiss National Bank informed the government that it is prepared to take proactive measures in the foreign exchange market. 2. South Korean financial authorities denied rumors of stimulus measures for the KOSDAQ market. 3. Fuel supply shocks exacerbated inflation, prompting Vietnam to shelve its plans to issue dollar-denominated sovereign bonds. 4. The UK economy grew at its fastest pace in two and a half years in the third quarter, with investors betting on a December rate hike. 5. Demand for New Zealand's 10-year bond auction reached its highest level since 2013, as preliminary election results eased fiscal concerns. 6. The Bank of Korea: Net foreign investment in South Korean bonds in October was $5.61 billion (compared to a net withdrawal of $5.81 billion in September), while net outflows from stocks widened to $19.31 billion.