The Australian dollar remained stable after wage growth aligned with the Reserve Bank of Australia's expectations, supporting current policy outlooks. The Westpac Leading Index increased by 0.11% in October 2025. Meanwhile, the People's Bank of China is anticipated to set the USD/CNY reference rate close to 7.112.
In Japan, core machinery orders for September rose by 4.2% month-on-month and 11.6% year-on-year, indicating strong capital expenditure. Investors are also focused on Nvidia's earnings report on November 19, which could impact AI-chip stock sentiment. Additionally, Deutsche Bank maintained a bullish view on gold, highlighting central-bank purchases and potential price increases toward $4,000 per ounce.
Australian Dollar Steady as Wage Growth Meets Expectations; PBOC to Fix Yuan Near 7.11
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