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US: Philly Fed Nonmanufacturing Index Rises to 8

The headline Diffusion Index of the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey rose to 32.3 in October from 15. This reading beat analysts’ estimate of 14 by a wide margin.

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RBA

RBA Holds Rates Steady, Signals Prolonged Tight Monetary Policy Amid Persistent Inflation

The Reserve Bank of Australia (RBA) maintained its benchmark interest rate at 4.35% on Tuesday, …