It sees oil prices falling away - assuming we avoid a sudden supply-constrained geopolitical shock. In the current circumstances, they have a very sanguine outlook - with the usual caveats about unexpected shocks. In Germany, and with the help of easing food inflation, their October CPI inflation rate fell to 3.8%, sharply lower than the September 4.5% rate. The Australian 10 year bond yield is now at 4.97% and up a sharp +15 bps from yesterday. The bitcoin price starts today at US$34,473 and up just +0.2% from this time yesterday.

Source: Stuff October 31, 2023 03:46 UTC