In the third quarter, the dollar comprised 63.3 percent of allocated reserves, the smallest share since the third quarter of 2014. The dollar made up 63.8 percent of allocated reserves in the second quarter. The euro’s share rose to 20.3 percent in the same period from 20.0 percent the quarter before. Source: Reuters
EU Enlargement Commissioner Johannes Hahn was quoted Nov. 6 as telling German daily Die Welt: “I think that, in the long term, it would be more honest for Turkey and the EU to go down new roads and end the accession talks.” Source: Hürriyet Daily News
Chinese Prime Minister Li Keqiang on Wednesday said Beijing and countries with stakes in the South China Sea are closer than ever before to a “code of conduct” for the strategic thoroughfare. Source: Deutsche Welle
Downing Street has confirmed that a draft Brexit agreement has been reached between the UK and European Union. British Prime Minister Theresa May will present it to her senior ministers on Wednesday, but it is unclear if May will be able to get any deal approved by UK parliament. Source: Euronews
