Market Overview
- Trump 2.0 continues to dominate market moves.
- Guidance around a Fed cut in December is becoming muddy. The Fed have two inflation reports to print prior to assess the situation.
- Australian Consumer Confidence prints up but still reflects a pessimistic vibe.
- New Zealand Retail Sales for October via debit, credit and store cards is down -1.1% y/y
- Global risks should keep the Pound supported against the crosses in the next while, especially if equity markets continue to rise.
- The United States Dollar (USD) was the best performing currency last week with the Euro (EUR) underperforming across the board.