Prop firm news

Lagarde speaks of pro-inflationary risks: ECB rate remained at 2.65% today

The European Central Bank on 29 October at 16:15 MSK kept its key rate at 2.65% - exactly as the market expected and as at the previous meeting. No changes to any of the three rates.

Bank of Canada raised its key rate to 2.5% and allowed for another hike

On October 28 at 16:45 MSK, the Bank of Canada raised its key rate from 2.25% to 2.5% - exactly what the market expected. The main surprise was not the move itself, but the signal: the regulator allowed that another hike may be needed.