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ECB's Visco: ECB must closely monitor situation regarding bond acquisitions

European Central Bank Governing Council member Ignazio Visco recently crossed the wires, via Reuters, saying that the ECB has to closely monitor the situation regarding the bond acquisitions. Visco further added that any policy action needed to strike a balance between speeding up the resolution of non-performing loans and preserving the financial stability.

Canada: Ivey PMI eases to 63.5 from 68.6 in October

"The Ivey Purchasing Manager's Index (not seasonally adjusted) for October stands at 63.5, indicating that purchases were less than the previous month
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USD/JPY bullish on a close above 114.50 – UOB

USD/JPY should close above 114.50 in order to shift the current neutral bias to bullish, suggested FX Strategists at UOB Group. Key Quotes 24-hour v
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