Bailey in focus: GBP/AUD tops sterling movers
Bank of England Governor Bailey speaks at 06:45 UTC on 17 October. GBP/AUD leads sterling pairs, up 1.03%, as markets watch the BOE tone.
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Bank of England Governor Bailey speaks at 06:45 UTC on 17 October. GBP/AUD leads sterling pairs, up 1.03%, as markets watch the BOE tone.
Bitcoin Cash leads a green crypto board while the Australian dollar sags across every major cross; silver, oil and European indices also climb.
Uniswap led a crypto slip after Fed Chairman Warsh spoke on 16 October, while silver and palladium held flat and Tezos edged higher in our feed.
BOE Gov Bailey's remarks drew a muted sterling reaction on our feed: GBPAUD led with a 0.08% slip while GBPUSD edged up and crosses barely moved.
Silver sank 5.7% to lead a metals rout into the New York close, while the Nasdaq 100 shed 2% and crypto turned broadly red across the board.
Silver led a broad metals selloff, sinking 5.7% as platinum and palladium slid; the dollar firmed and the Nasdaq 100 fell 2% into the London close.
US Retail Sales and PPI landed at 12:30 UTC; Polygon led a mild crypto slip against the dollar, silver eased and platinum alone edged higher.
U.S. Core PPI is due at 12:30 UTC, forecast 0.3% vs 0.2% prior, as silver, platinum and altcoins trade broadly lower across our feed.
UK GDP m/m landed at 06:00 UTC and the pound's reaction clustered in GBPNOK, up 0.27%, while most other sterling crosses barely moved.
Silver tumbles 5.7% and the dollar firms across the majors at the open, while Bitcoin slips to $81,782 and the Nasdaq 100 sheds 2% into the session.
US producer prices and retail sales headline a packed Thursday, bracketed by UK GDP at 06:00 UTC and overnight speeches from Bailey, Warsh and Macklem.
Australia's jobs data landed at 00:30 UTC on Oct 15. The Aussie barely moved β AUDJPY led a slim slide while AUDUSD held completely flat.