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Eurozone Construction Output s.a (MoM): -0.5% (September) vs previous -0.1%

Eurozone Construction Output s.a (MoM): -0.5% (September) vs previous -0.1%
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USD breaks above 200-DMA amid lower rate cut odds – BBH

US Dollar (USD) has powered above its 200-day moving average as Fed funds futures slashed rate cut bets. The US employment data void and hawkish FOMC October meeting minutes led markets to reduce odds of a December 25bps rate cut by more than 15pts to as low as 27%.
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