Wall St Ends Mixed; Global Equities Slip, FX Steady

Welcome to our daily market update. If you have any questions or would like anything further explained, please don’t hesitate to reach out to your account manager or email info@cafx.com

 

Forex Market 

USD: Mixed as Wall St Ends the Week Softer; AUD Holds Range Ahead of Key Data
Wall Street ended the week mixed as the Bureau of Labour Statistics announced its updated data release schedule following the reopening of the U.S. Government. The Dow Jones fell -0.7%, the S&P 500 slipped -0.1%, while the Nasdaq rose +0.1%. U.S. 10-year yields climbed to 4.14% and Brent crude gained 2% to $64.31/bbl. AUD/USD traded between 0.6504–0.6551, closing the week at 0.65365.
Asian equities followed Wall St lower: Hang Seng -1.9%, Nikkei -1.8%, and Shenzhen -1.6%. The ASX dropped -1.4% with IT leading declines, down -4.4%. AUD/USD held a 0.6522–0.6549 range, offered into the London session.
Europe opened choppy with GBP/USD trading a 1.3109–1.3199 range as 10-yr gilts opened 13bps lower amid expectations that the UK budget may lower income tax thresholds. Eurozone Q3 GDP printed in line at 0.2% q/q. The greenback firmed, sending EUR/USD to 1.1613 and AUD/USD to 0.6513.
European equities were weaker in early trade: FTSE -1.4%, Stoxx -1.0%, DAX -1.0%. Brent inched higher to $64.50/bbl while gold eased -0.1% to $4,165/oz.
Mixed flows ahead of NY open saw AUD/USD slide to 0.6504, EUR/USD dip to 1.1609, USD/CAD fall to 1.4015, and USD/JPY drop to 153.62 before recovering. Canadian Manufacturing Sales rose 3.3% (vs 2.8% exp), though USD/CAD showed little reaction.
Into the London fix, AUD/USD climbed to 0.6551 while EUR/USD fell to 1.1606. Wall St opened red but later pared losses: Nasdaq +0.7%, S&P 500 +0.4% while the Dow remained -0.3%. European markets also trimmed declines but still closed lower: FTSE -1.1%, CAC -0.8%, DAX -0.7%.
Late NY trade was subdued as BLS confirmed September jobs data will be released on November 20. AUD/USD eased from highs to settle at 0.6537.

General Market

Wall Street

  • Dow Jones: -0.7% to 47,147
  • S&P 500: -0.1% to 6,734
  • Nasdaq: +0.1% to 22,901
  • VIX: -0.9% to 19.83

Asia-Pacific

  • ASX 200: -1.4% to 8,635
  • Shanghai Composite: -1.0% to 3,990
  • Nikkei: -1.8% to 50,377

Europe

  • FTSE: -1.1% to 9,698
  • DAX: -0.7% to 23,877
  • CAC: -0.8% to 8,170

 

Headlines to Watch 

United States
  • BLS confirms September Jobs Report release on November 20.
  • Empire Manufacturing (Nov) due — first major data since government reopening.
  • Updated economic release schedule expected from BLS, BEA, and Census Bureau.
Canada
  • CPI (Oct) in focus — final inflation print before BoC’s December policy meeting.
  • Existing Home Sales (Oct) and Housing Starts data due.
  • September International Securities Transactions dataset expected.
Europe / UK
  • ECB’s Guindos to speak — potential clues on policy bias.
  • UK’s BOE policymaker Mann to speak on inflation and rate outlook.
Japan
  • Q3 GDP release expected to show contraction as consumption and exports weaken.
  • September Capacity Utilisation data due.
New Zealand
  • October Food Prices m/m to provide a read on near-term inflation pressures.

Mid-market rates

Currency PairMid-market Rate
AUD/USD0.6533
AUD/NZD1.1506
AUD/JPY101.00
AUD/CNY4.6396
AUD/EUR0.5622
AUD/GBP0.4963
AUD/HKD5.0779

 

 

 

Disclaimer:

The market update provided by Corporate Alliance FX (CAFX) is for reference only and does not constitute a bid, levy, offer or invitation to offer for the financial product, the basis for any contract or commitment, a recommendation for the purchase or sale of any investment instruments, financial, legal, tax, investment advice, investment advice or other opinions. It will not be legally liable for any consequences or losses caused by the information or content involved.
Corporate Alliance Group Pty Ltd T/A Corporate Alliance FX (CAFX) (ABN 58 167 119 226, AFSL 523351) (i.e. CAFX), CAFX independently holds the Australian Financial Services licence no. 523351 (AFSL), so CAFX is regulated by the Australian Securities and Investment Commission (ASIC) and, and although ASIC is a strictly regulatory body, it does not endorse a specific financial product. ASIC’s regulation of CAFX applies to all services under the financial licence held by CAFX, including the issuance of foreign exchange settlement, foreign exchange payments, foreign exchange risk control, hedging, market making and providing financial advice.3

Facebook
LinkedIn

Corporate Alliance Group Pty Ltd (ABN: 58 167 119 226) trading as Corporate Alliance FX (“CAFX”) holds an Australian Financial Services License (AFSL No: 523351) issued by the Australian Securities and Investments Commission, and is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as an independent remittance dealer (Registration No – IND100697688-001).

Corporate Alliance Payments Pty Ltd (ABN: 66 650 245 382) trading as CAPAY is an ASIC AR 001295931 of Corporate Alliance Group Pty Ltd (ABN 58 167 119 226), and is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as a remittance dealer (Registration No IND100792739-001), and a Remittance Network Provider (RNP) (Registration No. RNP100792739-001).

Corporate Alliance Pty Ltd (ABN: 51 644 169 148) trading as Corporate Alliance Finance (“CAFIN”) is an ASIC AR 001297733 of Corporate Alliance Group Pty Ltd (ABN 58 167 119 226), which holds an Australian Financial Services Licence issued by the Australian Securities and Investments Commission (AFSL No: 523351).

DISCLAIMER:  The information contained on this website and in any accompanying documents or communications is provided for general information purposes only. It is not intended as a solicitation for funds, nor should it be considered a recommendation or advice to trade.  The contents do not consider your personal objectives, financial situation, or individual needs. You should seek independent financial advice before making any investment or trading decisions.

Corporate Alliance Group, along with its associated or related entities, accepts no liability for any loss or damage—whether direct, indirect, consequential, or otherwise—arising from any action taken or not taken based on the information provided on or through this website.

©2025. Corporate Alliance Group. All Rights Reserved.

Security & Regulation
Legal & Compliance
Privacy Policy
Support SLA