Daily Global Forex Market Highlights (October 28)

< br > < span class = "section-news" > 1. The ruling coalition did not win more than half of the seats in the Japanese House of Representatives election, monetary policy was normalized or blocked, and the yen was under pressure. < br > < span class = "section-news" > 2. The Russian central bank raised interest rates by 200 basis points to 21% above expectations. The governor of the Russian central bank, Nabiulina, said that there is no upper limit to raising the base rate. < br > < span class = "section-news" > 3. The governor of the Bank of Korea said that he will pay attention to exchange rate fluctuations rather than set specific exchange rate targets. < br > < span class = "section-news" > 4. South Korean Finance Minister: Will respond quickly to any excessive foreign exchange market volatility. < br > < span class = "section-news" > 5. European Central Bank President Lagarde: Trade fragmentation may reignite inflation. Management Committee Nagel: The December meeting will take a wait-and-see attitude. Management Committee Nott: If there is an upside inflation risk, policy tightening may be slower. < br > < span class = "section-news" > 6. Reuters survey: Brazil's central bank is expected to raise its benchmark interest rate by 50 basis points in November.