INT
Seabed mining to advance despite climate risks
The green transition and geopolitical risks to mineral supply chains will intensify seabed mining
InternationalUS rates have likely peaked but risks could alter this
The Federal Reserve (Fed) left interest rates on hold yesterday, as widely expected
United StatesLocal and global politics cast shadow on UK AI summit
The AI Summit started today amid Western-Chinese geopolitical friction, and warnings about AI risks and private control
United KingdomChina’s stimulus to have less impact than in the past
The official manufacturing and non-manufacturing PMI weakened in October and FDI fell last month
ChinaOil price moves have limited impact on wider inflation
Geopolitical risks fuel fears of renewed rises in energy prices and headline inflation, and more monetary tightening
InternationalCPI backs ECB holding rates but no scope for stimulus
Euro-area GDP contracted by 0.1% in the third quarter after little April-June growth, but inflation is slowing steadily
EUSoft US core PCE raises chance that rates have peaked
Core PCE inflation slowed to 3.7% in September, shifting the probability that rates have peaked to highly likely
United StatesGap between US and euro-area rates pressures the euro
Citing growth concerns and inflation progress, the ECB left interest rates on hold for the first time since mid-2022
EU
