Korea Factory Output Misses Estimates

The video discusses FX headlines, focusing on the end of the Fed's six-year asset purchase program, which increased its balance sheet significantly. This led to a notable rise in the US dollar index, as the Fed's focus on job market gains was perceived as a hawkish monetary policy stance. The Reserve Bank of New Zealand (RBNZ) kept its cash rate unchanged at 3.5%, indicating a period of assessment without immediate rate changes. Lastly, South Korea's industrial output showed marginal growth in September, falling short of forecasts.

What was the impact on the US dollar index following the end of the Federal Reserve's asset purchase program?

• It jumped the most in about a month.

• It remained stable.

• It decreased significantly.

• It fell slightly.

What decision did the Reserve Bank of New Zealand make regarding its cash rate?

• Decreased it to 3%

• Increased it to 4%

• Kept it unchanged at 3.5%

• Eliminated the cash rate

What did Governor Graeme Wheeler indicate about the Reserve Bank of New Zealand's future rate changes?

• Inflation is no longer a concern.

• Rates will be cut soon.

• Immediate rate hikes are planned.

• A period of assessment is appropriate.

How did South Korea's industrial output perform in September compared to forecasts?

• It was much lower than forecasts.

• It matched forecasts.

• It exceeded forecasts.

• It showed no growth.

What was the expected growth rate for South Korea's industrial output in September?

• Below 0.5%

• Exactly 1%

• North of 2%

• Around 3%