Daily Global Forex Market Highlights (November 1)

< br > < span class = "section-news" > 1. The Central Bank of Ukraine left interest rates unchanged at 13%. < br > < span class = "section-news" > 2. ECB-Executive Committee Schnabel: A gradual approach to rate cuts is still appropriate. There is a high level of uncertainty in the neutral rate; Executive Committee Panetta: Monetary conditions in the euro area remain tight and interest rates need to be lowered. < br > < span class = "section-news" > 3. Traders cut their bets on a rate cut by the Bank of England, expecting a 25 basis point rate cut during the year. < br > < span class = "section-news" > 4. Traders trimmed expectations of a 50 basis point ECB rate cut in December, with the probability down to 22% from around 45%. < br > < span class = "section-news" > 5. U.S. short-term interest rate futures expect the Federal Reserve to cut rates by 25 basis points each in November and December. < br > < span class = "section-news" > 6. Reuters survey: All 30 economists surveyed expect the Reserve Bank of Australia to keep interest rates unchanged at 4.35% on November 5; the median estimate shows that the Reserve Bank of Australia will cut interest rates by 25 basis points to 4.10% in the first quarter of 2025 and 3.60% by the end of 2025. < br > < span class = "section-news" > 7. Reuters survey: EUR/USD one-month forecast remains at 1.09 (1.11 in October); three-month forecast is up about 1% to 1.10 (1.11 in October).