💨 Abstract

Global stock indexes were little changed on Wednesday following record highs this week, while the dollar hit a 14-month low against the euro due to expectations of a large interest rate cut by the Federal Reserve in November. China's yuan lost earlier gains after China's central bank announced its largest stimulus since the pandemic. The People's Bank of China cut medium-term lending rates to banks.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖