Forexlive European FX news wrap 8 Nov || Calm before the Powell

<p>Holding pattern vibes persist, ahead of Powell speaking in just over an hour – Odds on that after all the hype he says bugger all on Monetary Policy.</p><p>Wishing you all the best for the U.S. session ahead – <a href="https://twitter.com/PiQSuite" target="_blank" rel="nofollow">Ryan (PiQ)</a></p><p>Roundup of European Session Headlines:</p><ul><li><a href="https://www.forexlive.com/news/futures-subdued-ahead-of-powells-remarks-20231108/">Futures subdued ahead of Powell's remarks</a></li><li><a href="https://www.forexlive.com/news/pboc-china-faces-challenges-from-slowing-economic-drivers-incl-property-infra-and-export-20231108/">PBOC: China faces challenges from slowing economic drivers incl property, infra and export</a></li><li><a href="https://www.forexlive.com/news/united-states-mba-30-year-mortgage-rate-usd-actual-761-previous-786-20231108/">United States MBA 30-Year Mortgage Rate $USD Actual: 7.61% Previous: 7.86%</a></li><li><a href="https://www.forexlive.com/centralbank/ecbs-nagel-dismisses-rate-cut-talk-calls-inflation-greedy-beast-20231108/">ECB's Nagel dismisses rate-cut talk, calls inflation 'greedy beast'</a></li><li><a href="https://www.forexlive.com/news/the-newsquawk-us-market-open-equities-in-the-red-usd-bid-gbp-lags-feds-powell-due-20231108/">The @Newsquawk US Market Open: Equities in the red, USD bid &amp; GBP lags; Fed's Powell due</a></li><li><a href="https://www.forexlive.com/centralbank/ecb-policymakers-keen-to-cool-euphoria-over-inflation-drop-20231108/">ECB policymakers keen to cool euphoria over inflation drop</a></li><li><a href="https://www.forexlive.com/centralbank/swiss-respond-to-removal-from-us-currency-manipulation-list-20231108/">Swiss respond to removal from US currency manipulation list</a></li><li><a href="https://www.forexlive.com/centralbank/ecbs-kazks-wont-keep-interest-rates-elevated-a-minute-longer-than-necessary-20231108/">ECB’s Kazāks: Won’t Keep Interest Rates Elevated a Minute Longer Than Necessary</a></li><li><a href="https://www.forexlive.com/news/feds-cook-we-must-remain-vigilant-to-potential-shocks-20231108/">Fed's Cook: 'We must remain vigilant to potential shocks'</a></li><li><a href="https://www.forexlive.com/news/eurozone-retail-sales-mom-sep-eur-actual-03-expected-02-previous-07-20231108/">Eurozone Retail Sales (MoM) (Sep) $EUR Actual: -0.3% Expected: -0.2% Previous: -0.7%</a></li><li><a href="https://www.forexlive.com/centralbank/ecbs-makhlouf-says-new-risks-emerging-as-others-fade-20231108/">ECB's Makhlouf says new risks emerging as others fade</a></li><li><a href="https://www.forexlive.com/centralbank/ecbs-lane-underlying-inflation-progress-not-enough-20231108/">ECB's Lane: underlying inflation progress not enough</a></li><li><a href="https://www.forexlive.com/centralbank/boes-bailey-openness-beats-fragmentation-20231108/">BoE's Bailey: Openness beats fragmentation</a></li><li><a href="https://www.forexlive.com/centralbank/euro-zone-consumers-raise-inflation-expectations-in-headache-for-ecb-20231108/">Euro zone consumers raise inflation expectations in headache for ECB</a></li><li><a href="https://www.forexlive.com/news/dollar-rebound-extends-for-third-day-before-feds-powell-speech-20231108/">Dollar rebound extends for third day before Fed's Powell speech</a></li><li><a href="https://www.forexlive.com/centralbank/ecbs-kazks-we-remain-determined-to-reach-our-price-stability-target-20231108/">ECB’s Kazāks: We Remain Determined to Reach Our Price Stability Target</a></li><li><a href="https://www.forexlive.com/news/italian-retail-sales-yoy-sep-eur-actual-13-previous-24-20231108/">Italian Retail Sales (YoY) (Sep) $EUR Actual: 1.3% Previous: 2.4%</a></li><li><a href="https://www.forexlive.com/technical-analysis/usdjpy-technical-analysis-20231108/">USDJPY Technical Analysis</a></li><li><a href="https://www.forexlive.com/news/french-trade-balance-sep-eur-actual-89b-expected-81b-previous-83b-20231108/">French Trade Balance (Sep) $EUR Actual: -8.9B Expected: -8.1B Previous: -8.3B</a></li><li><a href="https://www.forexlive.com/news/german-cpi-yoy-oct-eur-actual-38-expected-38-previous-45-20231108/">German CPI (YoY) (Oct) $EUR Actual: 3.8% Expected: 3.8% Previous: 4.5%</a></li><li><a href="https://www.forexlive.com/news/oil-prices-sputter-near-3-month-lows-as-demand-concerns-mount-20231108/">Oil prices sputter near 3-month lows as demand concerns mount</a></li><li><a href="https://www.forexlive.com/news/the-newsquawk-europe-market-open-contained-apac-trade-ahead-of-central-bank-speakers-20231108/">The @Newsquawk Europe Market Open: Contained APAC trade ahead of Central Bank speakers</a></li><li><a href="https://www.forexlive.com/news/china-authorities-ask-ping-an-to-take-controlling-stake-in-country-garden-20231108/">China authorities ask Ping An to take controlling stake in Country Garden</a></li></ul>

This article was written by Ryan Paisey at www.forexlive.com.