BOE’s Mann: Rates May Remain Permanently Higher

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🇬🇧 🇬🇧 BOE’s Mann says UK interest rates may remain permanently higher. Mann says that interest rates have only just reached restrictive territory after the BOE halted its hiking cycle last month

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EURUSD: Get Ready For Par

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🇪🇺 🇪🇺 EURUSD Technical Analysis – The pair remains in a strong downtrend

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USDJPY: Get Ready For ¥152

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🇯🇵 🇯🇵 BREAKING: USD/JPY – Chart Shows A Market Set To Soar Through 150

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UBS: Market Bottom In Oct

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🚨 🚨 UBS/Art Cashin: “October is the month of bottoms, and usually they come after some kind of climactic sell-off. … Somewhere in October, we are going to get a bottom”

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Fed’s Mester: One More Rate Hike

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🚨 🚨 Fed’s Mester says its likely the FOMC will need to raise rates one more time this year
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Goldman: China’s Oil Demand Is Sustainable

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🇨🇳 🇨🇳 Goldman: China’s oil demand supported by record internal mobility and is sustainable

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Tesla Deliveries Missed

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🚗 🚗 Tesla reported 435,059 deliveries for the third quarter, and production of 430,488 vehicles

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UK PMI Rises

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🇬🇧 🇬🇧 Manufacturing PMI in the United Kingdom increased to 44.30 points in September from 43 points in August

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China Is Still Consuming

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🇨🇳 🇨🇳 China’s demand for copper has risen 8% year on year, while appetite for iron ore and oil are up by 7% and 6%, respectively

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