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October in the Markets.

Bank of England Reports Published in October 2021

Monthly Decision Maker Panel data – October 2021 – Read the report

The Decision Maker Panel (DMP) is a survey of Chief Financial Officers from small, medium and large UK businesses.

PRA Regulatory Digest – October 2021 – Read the report

The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.

UK International Reserves – October 2021 – Read the report

The Bank of England manages the UK’s official reserves on behalf of the Government. They publish data on UK holdings of international reserves and foreign currency liquidity once a month.

UK firms will have to disclose climate impact

From: The BBC

Some large UK businesses will have to start disclosing their environmental impact, under new rules set to be brought in by the Treasury.

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Why a Rise in Retail Trading May Signal Another Mania

From: Daily FX

The coronavirus pandemic brought the global economy to its knees. The sudden stop of commerce rippled through all aspects of life, from travel to dining, and retail.

The premise of social distancing – avoiding close contact to reduce the spread of COVID-19 – also prove antithetical to another aspect of life: professional sports.

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Forex Today: US Inflation Overshoots at 5.4%

From: Daily Forex

US CPI data was released yesterday showing month-on-month inflation rose at 0.4%, higher than the 0.3% which had been expected by the market consensus. This equates to an annualized rate of 5.4% which is the highest rate seen in the US for many years.

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G20 leaders have reached deal on climate language in final communique – source

From: Reuters

The leaders of the Group of 20 major economies have reached an agreement on the wording of the final communique which will be released at the end of their two-day summit, a G20 official told Reuters on Sunday.

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U.S. consumer spending strong; robust wage gains hint at long spell of high inflation

U.S. consumer spending increased solidly in September, but was partly flattered by higher prices, with inflation remaining hot as shortages of motor vehicles and other goods persisted amid global supply constraints.

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FX Rates in October

GBP/EUR

 

Oct High: 1.1862
Oct Low: 1.1611
Oct End: 1.1812

 

 

GBP/USD

Oct High: 1.38
Oct Low: 1.3447
Oct End: 1.3791

 

 

EUR/USD

Oct High: 1.1653
Oct Low: 1.1547
Oct End: 1.1664