The world's three major central banks are expected to raise interest rates this week, with oil prices hitting a six-month high
2026-11-01 21:21:50
According to CoinMeta, as reported by coinbureau, three major central banks are expected to raise interest rates this week, namely those of Australia, Sweden, and the UK. The mid-term elections in the United States will take place on Tuesday, with voting for all 435 House of Representatives seats and 35 Senate seats. In terms of oil prices, Brent crude oil rose by 13.6% in October, reaching a six-month high of $117.64, due to the possibility of new sanctions against Iran by the US after the mid-term elections. On Monday, the ISM manufacturing index, financial reports from Apple and Palantir, as well as Australia's interest rate decisions, will be announced. The mid-term election voting will begin on Tuesday. Additionally, there will be JOLTS job vacancies and AMD financial reports. On Wednesday, Sweden's interest rate decisions, eurozone inflation, ADP employment, ISM services index, and Circle financial reports will be released. On Thursday, the Bank of England will announce its interest rate decision at 7 a.m., with an expected interest rate hike in this round. On Friday, the US October employment report will be released, with an estimated addition of about 55,000 jobs.
Source:X
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