British Pound attracts significant bids against Japanese Yen on strong UK job data

The British Pound (GBP) reacts positively after the release of the strong United Kingdom (UK) labor market data for three months ending August. Against the Japanese Yen (JPY), the British currency has risen 0.12% to near 211.10.

Brent: Risk premium sustained as Middle East tensions persist – ING

ING strategists Warren Patterson and Ewa Manthey note that Oil and ICE Brent prices remain firmly supported around $110/bbl as markets focus on Middle Eastern supply risks. They highlight a significant risk premium driven by geopolitical volatility and record tanker freight rates.

WTI rises above $99.00 as Iran warns of wider blockade

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $99.15 during the early European trading hours on Tuesday.

Euro: Range-trading bias persists near recent lows against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang highlights that EUR/USD underperformed on Monday, slipping to 1.1210 as French political unrest and Ukraine-Russia tensions weighed on the Euro (EUR).

Indonesian Rupiah gains as Jakarta authorities launch stabilization measures

USD/IDR loses ground for the second consecutive day, trading around 18,040 during Asian hours on Tuesday. The Indonesian Rupiah (IDR) receives support as Bank Indonesia (BI) intensifies stabilization efforts under President Prabowo Subianto's directive.

EBA classifies Circle’s USDC as EU’s first ‘significant’ e-money token under MiCA

The EBA has classified Circle's USDC as the EU's first significant e-money token under MiCA, with joint EBA-ACPR supervision from 12 November 2026.

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BIS paper: banks can slow stablecoin growth by paying savers more

A BIS working paper finds a one basis point rise in bank deposit rates cut ten-week stablecoin growth from about 15% to about 12%, with USDC more sensitive than USDT.

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MSCI rules could drop Strategy and Metaplanet from indexes from 30 November

MSCI adopts rules that could remove Strategy and Metaplanet from its global indexes, with the final list of affected companies due on 11 November and removals effective 30 November.

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Japan’s megabanks complete first joint yen stablecoin payment test

MUFG, Mizuho and SMBC completed Japan's first joint yen stablecoin pilot, testing cross-border payments for Mitsubishi Corporation with real transactions targeted in fiscal 2026.

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Bitcoin Tests $81,300 as Hot CPI Revives Fed Hike Bets

Bitcoin slid toward $81,300 support after September CPI exceeded forecasts, liquidating more than $220 million in crypto positions.

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