Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
The United States April retail sales is expected to surge by around 8 pct m/m on an anticipated rise in monthly auto sales and pump prices, rising by around 7 pct on an average. However, retail sales growth has been a matter of concern in the recent past, with control group sales rising 2.8 pct on year.
The retail sector seems to be growing on sales in the internet sector and home building materials. The former continues to rise at an average trend pace of 6-7 pct on year.
"Meanwhile, low mortgage rates – current 15Y fixed rates are 2.70%, essentially their lowest since WWII – have lit a fire under the housing market and sales growth in home building materials has shot up to 12% YoY. Not much is sizzling in the US economy but housing probably counts as an important exception," DBS said in a research piece.
