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2013.10.3016:58:00UTC+00Fx Market News Roundup

  • US Fed funds target rate, 0.25%, f/c 0.25%, 0.25%-prev
  • Fed makes no changes to forward guidance, to keep buying USD 85bn in bonds, data suggests economy showed further improvement but unemployment remains elevated, fiscal policy restraining growth, recovery in housing slowed in recent months
  • Conspicuously absent from the Fed's statement was any reference to higher rates potentially derailing the recovery, which may have fueled speculation of a possible December taper
  • US ADP national employment Oct, 130k, f/c 150k, 145k-prev
  • US CPI m/m, sa Sep, +0.2%, 0.2%, 0.1%-prev
  • US CPI y/y, nsa Sep, +1.2%, f/c 1.2%, 1.5%-prev
  • US Core CPI m/m, sa Sep, +0.1%, f/c 0.2%, 0.1%-prev
  • US Core CPI y/y, nsa Sep, +1.7%, f/c 1.8%, 1.8%-prev
  • US Real weekly earnings m/m Sep, -0.1%, f/c 0.2%, +0.5%-prev
  • ECB's Costa Portugal needs to deliver on its programme and needs to rely on solidarity of European partners,
  • Portuguese banking system still facing domestic and external challenges
  • Portugal's banking outlook remains negative (Moody's)
  • Spanish banks would get eur 28bn core capital boost thanks to state guarantees on tax credits
  • Italy's Saccomanni says Italy mustn't let political instability ruin chance of economic recovery
  • Brazil's OGX files for bankruptcy lists liabilities of BRL 11.2bn
  • Brazil's Mantega says no date set for gasoline price hike
  • CFTC's Gensler says will try to schedule vote on Volcker rule in second week of December
  • US Mortgage market index, w/e, 483.7, 454.5-prev
  • US MBA purchase index, w/e, 184.5, 180.3-prev
  • US Mortgage refinance index w/e, 2211.3, 2034.4-prev
  • US MBA 30-yr mortgage rate w/e, 4.33%, 4.39%-prev
  • CL Jobless rate Sep, +5.7%, f/c +5.7%, 5.7%-prev
  • DE HICP prelim y/y Oct, 1.3%, f/c 1.5%, 1.6%-prev
  • DE HICP prelim m/m Oct, -0.2%, f/c 0.0%, 0.0%-prev
  • DE CPI prelim m/m Oct, -0.2%, f/c 0.0%, 0.0%-prev
  • DE CPI prelim y/y Oct, 1.2%, f/c 1.4%, 1.4%-prev
  • US Cleveland Fed CPI Sep, +0.2%, 0.2%-prev
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