{"id":33807,"date":"2025-11-03T14:42:38","date_gmt":"2025-11-03T06:42:38","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=33807"},"modified":"2025-11-03T14:42:38","modified_gmt":"2025-11-03T06:42:38","slug":"week-ahead-trade-truce-drives-november","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/","title":{"rendered":"Week Ahead: Trade Truce Drives November"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/Image_fx-2025-11-03T123320125-1024x559.jpg\" alt=\"\" class=\"wp-image-33815\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Overview<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The main theme is dollar resilience amid fading expectations of a December Federal Reserve rate cut.<\/li>\n\n\n\n<li>Traders will watch ISM manufacturing and services PMIs, as well as the Bank of England rate decision, for fresh direction.<\/li>\n\n\n\n<li>A rotation from growth to value and from euro\/dollar pairs into commodity-linked currencies may unfold.<\/li>\n\n\n\n<li>RBA expected to hold rates at 3.6%, with policy tone watched for signs of regional divergence.<\/li>\n\n\n\n<li>Key data: ISM (3 Nov), RBA cash rate and JOLTS openings (4 Nov), BoE rate decision (6 Nov), US non-farm payrolls (8 Nov).<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p class=\"wp-block-paragraph\">Markets face a week of hesitation rather than conviction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Federal Reserve\u2019s late-October message changed the tone: a December rate cut is no longer a certainty.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Chair Powell stressed that policy will depend on incoming data; yet a federal government shutdown means much of that data isn\u2019t even arriving.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Fed Chair Jerome Powell urged caution for investors betting on a December rate cut, while analyst Jeff Schulze from ClearBridge Investments told Reuters he still expects easing <a href=\"https:\/\/t.co\/8dPkqLocRB\">pic.twitter.com\/8dPkqLocRB<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1984330782190805215?ref_src=twsrc%5Etfw\">October 31, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Without clear visibility, the Fed is \u201cdriving in fog\u201d, and traders are reassessing how quickly easing might resume.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The result: a conflicted dollar, cautious equities, and traders leaning toward safety until the fog clears.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">The Fog Before the Cut<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Before October\u2019s FOMC meeting, futures markets were nearly unanimous in expecting a <strong>December rate cut<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After Powell\u2019s remarks, the mood flipped. The <strong>CME FedWatch tool<\/strong> shows cut odds plunging from roughly <strong>90% to 63%<\/strong>, while <strong>Polymarket odds<\/strong> echo a <strong>66% probability<\/strong> of a quarter-point cut and <strong>32% chance of no change<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"929\" height=\"645\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/3_image-5.png\" alt=\"\" class=\"wp-image-33814\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">In other words, the market still expects easing\u2014but no longer trusts it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This shift stems from Powell\u2019s emphasis on <strong>divided policymaker views<\/strong> and the <strong>data blackout<\/strong> caused by the federal shutdown.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Treasury yields edge higher as investors grapple with data blackout <a href=\"https:\/\/t.co\/axmGttK3wz\">https:\/\/t.co\/axmGttK3wz<\/a><\/p>&mdash; CNBC (@CNBC) <a href=\"https:\/\/twitter.com\/CNBC\/status\/1984204358683123762?ref_src=twsrc%5Etfw\">October 31, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">With no fresh economic numbers, policymakers are flying blind, and traders are hedging both sides of the trade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Volatility pricing suggests markets are preparing for a slower, messier glidepath into December rather than a clean rate-cut narrative.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">A Case for Patience<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If inflation continues its downward slide, the Fed will have the cover to cut\u2014but not the pressure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The September <strong>CPI rose 3.0% y\/y<\/strong>, up slightly from 2.9% due to energy prices, yet the underlying picture looks softer:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Core CPI<\/strong> held steady at <strong>0.3% m\/m<\/strong>, consistent with a gradual slowdown.<\/li>\n\n\n\n<li>The <strong>shelter <\/strong><strong>component<\/strong>\u2014the single biggest driver of inflation\u2014fell to <strong>0.16% m\/m<\/strong>, the lowest in over a year.<\/li>\n\n\n\n<li>More than <strong>51% of CPI components are now deflating<\/strong> from their peaks, compared with a long-term average of 32%.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This breadth of disinflation suggests the fight against inflation is largely won.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fed staff still projects <strong>core PCE<\/strong> to end the year near <strong>3%<\/strong>, but the overall tone of price pressures has turned decisively lower.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The takeaway: inflation is cooling \u201clike a rock\u201d, yet the Fed remains wary of cutting too soon and risking a rebound.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">From Euphoria to Hesitation<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The market\u2019s behaviour after Powell\u2019s comments says it all.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Equities<\/strong> pulled back from recent highs as traders priced in fewer cuts and slower growth.<\/li>\n\n\n\n<li>The <strong>US Dollar Index (USDX)<\/strong> rebounded toward the <strong>99.00\u2013100.00<\/strong> zone, reflecting a defensive bias.<\/li>\n\n\n\n<li><strong>Gold<\/strong> stalled near <strong>$4,070<\/strong>, trapped between softer inflation and a stronger dollar.<\/li>\n\n\n\n<li><strong>Yields<\/strong> edged lower but not enough to trigger renewed equity momentum.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, on prediction platforms like <strong>Polymarket<\/strong>, the sharp decline in certainty mirrors broader investor sentiment\u2014still leaning dovish but hedged aggressively.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The total wagering volume of <strong>over $9 million<\/strong> on the Fed\u2019s December market shows how crucial this decision has become to global positioning.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Cautious Easing Ahead<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The path forward likely depends less on one data print and more on how long the uncertainty lasts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the shutdown drags on beyond mid-November as current betting odds suggest, the Fed could enter December with incomplete data.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That scenario argues for <strong>a 25 bps cut<\/strong> as the base case, but with <strong>low conviction<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In essence, markets are confronting a split narrative:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Macro data<\/strong> support a cut.<\/li>\n\n\n\n<li><strong>Policy caution<\/strong> delays it.<\/li>\n\n\n\n<li><strong>Risk assets<\/strong> drift sideways in the meantime.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Key Symbols to Watch<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>BTCUSD | <a href=\"https:\/\/www.vtmarkets.com\/precious-metals\/\">XAUUSD<\/a> | <a href=\"https:\/\/www.vtmarkets.com\/indices\/\">USDX<\/a> | <a href=\"https:\/\/www.vtmarkets.com\/forex\/\">GBPUSD<\/a> | <a href=\"https:\/\/www.vtmarkets.com\/indices\/\">SP500<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\" id=\"keyevents\">Upcoming Events<\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td>Date<\/td><td>Currency<\/td><td>Event<\/td><td>Forecast<\/td><td>Previous<\/td><td>Analyst Remarks<\/td><\/tr><tr><td>3 Nov 2025<\/td><td>USD<\/td><td>ISM Manufacturing PMI<\/td><td>49.4<\/td><td>49.1<\/td><td>A print above 50 would signal sector stabilisation and reinforce USD strength.<\/td><\/tr><tr><td>4 Nov 2025<\/td><td>AUD<\/td><td>RBA Cash Rate<\/td><td>3.60%<\/td><td>3.60%<\/td><td>The RBA is set to hold; tone on inflation and growth may guide AUD volatility.<\/td><\/tr><tr><td>4 Nov 2025<\/td><td>USD<\/td><td>JOLTS Job Openings<\/td><td>7.21 M<\/td><td>7.23 M<\/td><td>Persistent declines in openings would point to cooling labour demand and weigh on the dollar.<\/td><\/tr><tr><td>5 Nov 2025<\/td><td>USD<\/td><td>ISM Services PMI<\/td><td>50.8<\/td><td>50<\/td><td>Service-sector momentum remains crucial for growth outlook; above 51 favours USD rebound.<\/td><\/tr><tr><td>6 Nov 2025<\/td><td>GBP<\/td><td>BoE Official Bank Rate<\/td><td>4.00%<\/td><td>4.00%<\/td><td>No policy change expected; forward-guidance language will determine GBP bias.<\/td><\/tr><tr><td>8 Nov 2025<\/td><td>USD<\/td><td>Core PCE m\/m (Tentative)<\/td><td>\u2014<\/td><td>\u2014<\/td><td>The Fed\u2019s preferred inflation gauge; soft reading may revive December cut hopes.<\/td><\/tr><tr><td>8 Nov 2025<\/td><td>USD<\/td><td>Non-Farm Payrolls<\/td><td>\u2014<\/td><td>\u2014<\/td><td>Jobs and wage data will define rate-cut probability and short-term USD direction.<\/td><\/tr><tr><td>8 Nov 2025<\/td><td>USD<\/td><td>Unemployment Rate<\/td><td>\u2014<\/td><td>\u2014<\/td><td>Any uptick above 4 % could tilt sentiment dovish and pressure yields.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">For full view of upcoming economic events, check out VT Market&#8217;s <a href=\"https:\/\/www.vtmarkets.com\/economic-calendar\/\">Economic Calendar<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\" id=\"keymove\">Key Movements of the Week<\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\">USDX (Dollar Index)<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"485\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-4-1024x485.png\" alt=\"\" class=\"wp-image-33811\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Still supported by reduced rate-cut certainty; consolidation near 99.00.<\/li>\n\n\n\n<li>Watch 98.50 as short-term support; resistance at 100.20.<\/li>\n\n\n\n<li>Break above 100 could extend toward 100.75; reversal signals near 98.50.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\">Gold (XAUUSD)<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"487\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-3-1024x487.png\" alt=\"\" class=\"wp-image-33810\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Stalled around $4,070 as traders balance cooling inflation with firmer yields.<\/li>\n\n\n\n<li>Resistance at $4,120; support near $3,930.<\/li>\n\n\n\n<li>Range-bound until clearer Fed direction.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\">SP500<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"543\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-2-1024x543.png\" alt=\"\" class=\"wp-image-33809\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pulled back after testing 6,950 as caution dominates.<\/li>\n\n\n\n<li>6,750 support remains critical; 7,000 psychological barrier caps upside.<\/li>\n\n\n\n<li>Sensitive to shifts in rate-cut probabilities and shutdown headlines.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\">BTCUSD<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"488\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-1-1024x488.png\" alt=\"\" class=\"wp-image-33808\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Consolidating above 106,000; upside targets 112,800\u2013114,650 if risk stabilises.<\/li>\n\n\n\n<li>Break below 106,000 exposes 103,500.<\/li>\n\n\n\n<li>Volatility may pick up as liquidity thins into mid-month.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Market Snapshot<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Markets have shifted from confidence to caution following Powell\u2019s recent remarks, which underscored the Federal Reserve\u2019s data-dependent stance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Although inflation continues to ease across key sectors, the path forward for policy remains uncertain. Traders are now positioning for a possible rate cut in December, but with no clear signal from the Fed, the U.S. dollar has held steady and broader risk sentiment remains subdued.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*5vyjdn*_gcl_au*Njc1MzM0NjY0LjE3NTEzNTM4MTc.*_ga*MjA5ODA0NDIzNC4xNzI3OTE1ODQ1*_ga_J26NL1ZVX7*czE3NTE4NzkxMDYkbzMwOCRnMSR0MTc1MTg3OTExOCRqNDgkbDAkaDA.*_ga_6XQ8153GYW*czE3NTE4NzkxMDgkbzU3JGcxJHQxNzUxODc5MTE4JGo1MCRsMCRoMA..*_ga_BG6LYEHPX1*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMTgkajUwJGwwJGgw*_ga_J8BRGZSREX*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_7CG6454YR5*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_69Z54R4H9N*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_CY2VCKFC3C*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_TXZ07R2C21*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_17TMGY9BBE*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_MWDVVSEVL5*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_2QCC3S2748*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_E7D2PCX624*czE3NTE4NzkxMjYkbzUkZzAkdDE3NTE4NzkxMjYkajYwJGwwJGgw*_ga_XJ4037XKK6*czE3NTE4NzkxMjYkbzUkZzAkdDE3NTE4NzkxMjYkajYwJGwwJGgw*_ga_EJCVQDC7VT*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjYkajQyJGwwJGgw\" target=\"_blank\" rel=\"noopener\" title=\"\">start trading<\/a> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets weigh Powell\u2019s cautious tone, BoE and RBA holds, and a strong US dollar as November begins. \u2013 vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":33815,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33],"tags":[32],"class_list":["post-33807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-week_ahead","tag-analysis"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Markets weigh Powell\u2019s cautious tone, BoE and RBA holds, and a strong US dollar as November begins. \u2013 vtmarkets.com\" \/>\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO Pro (AIOSEO) 4.9.10\" \/>\n\n\t\t<script type=\"text\/javascript\"> (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src=\"https:\/\/www.clarity.ms\/tag\/\"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, \"clarity\", \"script\", \"hvd42hy9tt\"); <\/script>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"VT Markets -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Week Ahead: Trade Truce Drives November - VT Markets\" \/>\n\t\t<meta property=\"og:description\" content=\"Markets weigh Powell\u2019s cautious tone, BoE and RBA holds, and a strong US dollar as November begins. \u2013 vtmarkets.com\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/\" \/>\n\t\t<meta property=\"og:image\" content=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2025\/11\/Image_fx-2025-11-03T123320125.jpg\" \/>\n\t\t<meta property=\"og:image:secure_url\" content=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2025\/11\/Image_fx-2025-11-03T123320125.jpg\" \/>\n\t\t<meta property=\"og:image:width\" content=\"1408\" \/>\n\t\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2025-11-03T06:42:38+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2025-11-03T06:42:38+00:00\" \/>\n\t\t<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/vtmarketsglobal\/\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:site\" content=\"@vtmarketsglobal\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Week Ahead: Trade Truce Drives November - VT Markets\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Markets weigh Powell\u2019s cautious tone, BoE and RBA holds, and a strong US dollar as November begins. \u2013 vtmarkets.com\" \/>\n\t\t<meta name=\"twitter:creator\" content=\"@vtmarketsglobal\" \/>\n\t\t<meta name=\"twitter:image\" content=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2025\/11\/Image_fx-2025-11-03T123320125.jpg\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/week_ahead\\\/week-ahead-trade-truce-drives-november\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/week_ahead\\\/#listItem\",\"name\":\"Week Ahead\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/week_ahead\\\/#listItem\",\"position\":2,\"name\":\"Week Ahead\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/week_ahead\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/week_ahead\\\/week-ahead-trade-truce-drives-november\\\/#listItem\",\"name\":\"Week Ahead: Trade Truce Drives November\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/week_ahead\\\/week-ahead-trade-truce-drives-november\\\/#listItem\",\"position\":3,\"name\":\"Week Ahead: Trade Truce Drives November\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/week_ahead\\\/#listItem\",\"name\":\"Week Ahead\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#organization\",\"name\":\"VT Markets\",\"description\":\"Trading Made Easy. VT Markets is a reputable online broker making a strong offering for global traders interested in forex, CFDs, stocks, cryptocurrencies, and more, backed by solid regulatory oversight and comprehensive trading platforms. Its broad asset coverage and efficient trade execution, combined with educational and analytical resources, make it suitable for traders at different experience levels, particularly those looking for versatility and accessibility in global markets\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/\",\"telephone\":\"+27101412968\",\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/vtmarketsglobal\\\/\",\"https:\\\/\\\/x.com\\\/vtmarketsglobal\",\"https:\\\/\\\/www.instagram.com\\\/vtmarkets\\\/\",\"https:\\\/\\\/www.tiktok.com\\\/@vtmarketsglobal\",\"https:\\\/\\\/youtube.com\\\/@vtmarkets\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/vt-markets\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/#author\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/week_ahead\\\/week-ahead-trade-truce-drives-november\\\/#webpage\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/week_ahead\\\/week-ahead-trade-truce-drives-november\\\/\",\"name\":\"Week Ahead: Trade Truce Drives November - VT Markets\",\"description\":\"Markets weigh Powell\\u2019s cautious tone, BoE and RBA holds, and a strong US dollar as November begins. \\u2013 vtmarkets.com\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/week_ahead\\\/week-ahead-trade-truce-drives-november\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/#author\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/13\\\/2025\\\/11\\\/Image_fx-2025-11-03T123320125.jpg\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/week_ahead\\\/week-ahead-trade-truce-drives-november\\\/#mainImage\",\"width\":1408,\"height\":768,\"caption\":\"#image_title\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/week_ahead\\\/week-ahead-trade-truce-drives-november\\\/#mainImage\"},\"datePublished\":\"2025-11-03T14:42:38+00:00\",\"dateModified\":\"2025-11-03T14:42:38+00:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#website\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/\",\"name\":\"VT Markets\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO Pro -->\r\n\t\t<title>Week Ahead: Trade Truce Drives November - VT Markets<\/title>\n\n","aioseo_head_json":{"title":"Week Ahead: Trade Truce Drives November - VT Markets","description":"Markets weigh Powell\u2019s cautious tone, BoE and RBA holds, and a strong US dollar as November begins. \u2013 vtmarkets.com","canonical_url":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/","robots":"max-snippet:-1, max-image-preview:large, max-video-preview:-1","keywords":"","webmasterTools":{"miscellaneous":"&lt;script type=\"text\/javascript\"&gt; (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src=\"https:\/\/www.clarity.ms\/tag\/\"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, \"clarity\", \"script\", \"hvd42hy9tt\"); &lt;\/script&gt;"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca#listItem","position":1,"name":"Home","item":"https:\/\/www.vtmarkets.com\/en-ca","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/category\/week_ahead\/#listItem","name":"Week Ahead"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/category\/week_ahead\/#listItem","position":2,"name":"Week Ahead","item":"https:\/\/www.vtmarkets.com\/en-ca\/category\/week_ahead\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/#listItem","name":"Week Ahead: Trade Truce Drives November"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/#listItem","position":3,"name":"Week Ahead: Trade Truce Drives November","previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/category\/week_ahead\/#listItem","name":"Week Ahead"}}]},{"@type":"Organization","@id":"https:\/\/www.vtmarkets.com\/en-ca\/#organization","name":"VT Markets","description":"Trading Made Easy. VT Markets is a reputable online broker making a strong offering for global traders interested in forex, CFDs, stocks, cryptocurrencies, and more, backed by solid regulatory oversight and comprehensive trading platforms. Its broad asset coverage and efficient trade execution, combined with educational and analytical resources, make it suitable for traders at different experience levels, particularly those looking for versatility and accessibility in global markets","url":"https:\/\/www.vtmarkets.com\/en-ca\/","telephone":"+27101412968","sameAs":["https:\/\/www.facebook.com\/vtmarketsglobal\/","https:\/\/x.com\/vtmarketsglobal","https:\/\/www.instagram.com\/vtmarkets\/","https:\/\/www.tiktok.com\/@vtmarketsglobal","https:\/\/youtube.com\/@vtmarkets","https:\/\/www.linkedin.com\/company\/vt-markets\/"]},{"@type":"Person","@id":"https:\/\/www.vtmarkets.com\/en-ca\/author\/#author","url":"https:\/\/www.vtmarkets.com\/en-ca\/author\/"},{"@type":"WebPage","@id":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/#webpage","url":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/","name":"Week Ahead: Trade Truce Drives November - VT Markets","description":"Markets weigh Powell\u2019s cautious tone, BoE and RBA holds, and a strong US dollar as November begins. \u2013 vtmarkets.com","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/#website"},"breadcrumb":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/#breadcrumblist"},"author":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/author\/#author"},"creator":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/author\/#author"},"image":{"@type":"ImageObject","url":"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2025\/11\/Image_fx-2025-11-03T123320125.jpg","@id":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/#mainImage","width":1408,"height":768,"caption":"#image_title"},"primaryImageOfPage":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/#mainImage"},"datePublished":"2025-11-03T14:42:38+00:00","dateModified":"2025-11-03T14:42:38+00:00"},{"@type":"WebSite","@id":"https:\/\/www.vtmarkets.com\/en-ca\/#website","url":"https:\/\/www.vtmarkets.com\/en-ca\/","name":"VT Markets","inLanguage":"en-US","publisher":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/#organization"}}]},"og:locale":"en_US","og:site_name":"VT Markets -","og:type":"article","og:title":"Week Ahead: Trade Truce Drives November - VT Markets","og:description":"Markets weigh Powell\u2019s cautious tone, BoE and RBA holds, and a strong US dollar as November begins. \u2013 vtmarkets.com","og:url":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/","og:image":"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2025\/11\/Image_fx-2025-11-03T123320125.jpg","og:image:secure_url":"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2025\/11\/Image_fx-2025-11-03T123320125.jpg","og:image:width":1408,"og:image:height":768,"article:published_time":"2025-11-03T06:42:38+00:00","article:modified_time":"2025-11-03T06:42:38+00:00","article:publisher":"https:\/\/www.facebook.com\/vtmarketsglobal\/","twitter:card":"summary_large_image","twitter:site":"@vtmarketsglobal","twitter:title":"Week Ahead: Trade Truce Drives November - VT Markets","twitter:description":"Markets weigh Powell\u2019s cautious tone, BoE and RBA holds, and a strong US dollar as November begins. \u2013 vtmarkets.com","twitter:creator":"@vtmarketsglobal","twitter:image":"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2025\/11\/Image_fx-2025-11-03T123320125.jpg"},"aioseo_meta_data":{"post_id":"33807","title":"","description":null,"keywords":null,"keyphrases":{"focus":{"keyphrase":"","score":0,"analysis":{"keyphraseInTitle":{"score":0,"maxScore":9,"error":1}}},"additional":[]},"canonical_url":null,"og_title":"#post_title #separator_sa #site_title","og_description":"#post_excerpt","og_object_type":"default","og_image_type":"featured","og_image_custom_url":null,"og_image_custom_fields":null,"og_custom_image_width":null,"og_custom_image_height":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema_type":null,"schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","tabs":null,"priority":null,"frequency":"default","local_seo":null,"created":"2026-03-02 09:14:37","updated":"2026-03-17 05:44:20"},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-ca\" title=\"Home\">Home<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-ca\/category\/week_ahead\/\" title=\"Week Ahead\">Week Ahead<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\tWeek Ahead: Trade Truce Drives November\n<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.vtmarkets.com\/en-ca"},{"label":"Week Ahead","link":"https:\/\/www.vtmarkets.com\/en-ca\/category\/week_ahead\/"},{"label":"Week Ahead: Trade Truce Drives November","link":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-trade-truce-drives-november\/"}],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/33807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=33807"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/33807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/33815"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=33807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=33807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=33807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}