Prop firm news

China: all three business activity indices fell below 50

In October, China's economy slowed again: the manufacturing, services and composite business activity indices dropped into contraction territory. The composite indicator plunged from 50.7 to 49.3 - the worst combination in recent months.

AUD/USD broke through 0.7000 after RBA comments: inflation worse than forecast

Reserve Bank of Australia Deputy Governor Andrew Hauser said the inflation forecast looks worse than the bank's own calculations. AUD/USD rose about 0.45%, broke through the round 0.7000 level and reached 0.7017 - a two-week high and the fourth consecutive gain.