UK manufacturing is weighing on the GBP on the crosses (not so much GBPUSD). A gentle reminder that globally manufacturing is still slow.
The main event today remains the US CPI data wti has already told us that these numbers would be low, in addition much of the US data is screaming cooling of the economy.
Nothing new was said in the US presidential debate from the point of view of the markets and markets are getting more comfortable with the idea of a Kamala presidency (by all accounts she won the debate and there was no major reaction in markets thus far)
What did we miss ?
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