BoE’s Bailey warns inflation risks tilted to the upside

Bank of England (BoE) Governor Andrew Bailey said that the central bank is “watching the extent of inflation pass-through,” while acknowledging that inflation risks are tilted to the upside, after the BoE raised interest rates to 4% on Thursday.

The US Dollar's September buyers are now underwater

Speculators rebuilt a $45 billion bet on the US Dollar in the four weeks after the Federal Reserve's September hike, and the Dollar Index is back at the average price they paid. A Democratic Congress, cheaper Oil and falling yields now work against that crowd.

Neither the election nor the US Dollar: Why Friday's payrolls hold the key to Gold's next move

Gold (XAU/USD) has climbed back above $4,000 as the US Dollar (USD) weakened following a Democratic sweep in the US midterm elections.

ECB’s Lagarde warns inflation risks persist as energy and AI trends diverge

European Central Bank (ECB) President Christine Lagarde crossed the wires on Thursday and said that “the current situation is made hard by the energy shock and AI pulling in opposite directions.”

NASDAQ 100 leads Wall Street lower as the AI trade comes apart

A fresh wave of selling in AI-linked stocks is pulling Wall Street into one of its worst days in recent memory. A Democratic win in both the upper and lower houses has added fresh worries that AI data center projects could face renewed moratoriums and regulatory pressures.

Bhutan’s Gelephu central bank cleared to hold crypto in reserves

A royal decree has given the Gelephu Central Bank explicit legal permission to hold crypto in reserves, though no purchase is confirmed.

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CFTC clears ‘Equity Perps’ on individual US stocks

Perpetual futures on individual US stocks are deemed approved under Regulation 40.3, with CFTC Chairman Michael S. Selig framing the move as bringing the product onshore.

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Binance routes withdrawals through new wallets, but a tenth of the breach remains uncovered

Binance's updated Proof of Reserves shows new withdrawal wallets and reserve ratios above 100%, yet roughly 10% of breach-affected assets remain un-replenished by its own figures.

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ICE’s Hyperliquid perps deal is the first real test of the CFTC’s onshore perp pathway

ICE and Trade[XYZ] will build a regulated U.S. market for Hyperliquid-based perpetual futures, pending CFTC approval, with ICE taking a minority stake in Trade[XYZ].

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Binance reopens withdrawals Sunday with 90% of stolen crypto replenished

Binance says 90% of the stolen crypto is replenished and withdrawals reopen Sunday, 1 November, with full proof of reserves due 3 November.

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