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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

US COMMENTS
US COMMENTS: Consumed with speculation over who will be the next leader of the
Federal Reserve, markets are giving relatively little attention to the November
Federal Open Market Committee meeting, in which the Fed is widely expected to
stand pat on interest rates.
- Officials are likely to continue their vigorous debate over whether another
rate increase is needed this year even as inflation remains short of their 2%
goal. But with the economy evolving broadly as expected and labor markets
tightening further in the past six weeks, there is little reason why the 12 FOMC
members who in September said they were prepared to move forward with another
hike this year would change their minds.
- Analysts surveyed by MNI expect the economy to have grown 2.7% in the third
quarter though estimates range widely between 1.9% and 3.3% due to uncertainty
over forecasts on government spending in the wake of hurricanes Harvey, Irma and
Maria.