Posted at 30 September 2026 / Categories Market Roundups
Market Roundup
•UK GDP (Q2) 0.5%, 0.4% forecast, 0.6% previous
•UK GDP (Q2) 1.4%, 1.2% forecast, 0.9% previous
•UK Business Investment (Q2) 1.8%, 1.7% forecast, 3.0% previous
•UK Current Account (Q2) -19.9B, -25.6B forecast, -21.1B previous
•UK Business Investment (Q2) 5.2%, 0.8% forecast, 1.8% previous
•German CPI (MoM) (Sep) 0.6%, 0.5% forecast, 0.2% previous
•German CPI (YoY) (Sep) 3.3%, 3.1% forecast, 2.9% previous
•German HICP (MoM) (Sep) 0.6%, 0.5% forecast, 0.2% previous
•German HICP (YoY) (Sep) 3.3%, 3.2% forecast, 2.9% previous
•Italian HICP (MoM) (Sep) 2.0%, 1.8% forecast, 0.1% previous
•Italian HICP (YoY) (Sep) 4.1%, 3.8% forecast, 3.2% previous
•Italian CPI (MoM) (Sep) 0.7%, 0.2% forecast, 0.5% previous
•Greek PPI (YoY) (Aug) 14.9%, 11.8% previous
•Greek Unemployment Rate (Aug) 7.4%, 7.9% previous
•Greek Retail Sales (YoY) (Jul) 5.2%, 1.9% previous
Looking Ahead Economic Data (GMT)
•12:30 US Core PCE Price Index (YoY) (Aug) 3.3% forecast, 3.3% previous
•12:30 US Core PCE Price Index (MoM) (Aug) 0.3% forecast, 0.2% previous
•12:30 US GDP (QoQ) (Q2) 1.5% forecast, 2.1% previous
•12:30 US PCE Price Index (YoY) (Aug) 3.7% forecast, 3.7% previous
•12:30 US PCE Price Index (MoM) (Aug) 0.4% forecast, 0.2% previous
•12:30 US Personal Spending (MoM) (Aug) 0.8% forecast, 0.2% previous
•12:30 US Core PCE Prices (Q2) 3.60% forecast, 4.40% previous
•12:30 US GDP Price Index (QoQ) (Q2) 6.4% forecast, 3.6% previous
•12:30 US Retail Inventories Ex Auto (Aug) 0.8% previous
•12:30 US Goods Trade Balance (Aug) -116.30B forecast, -118.80B previous
•12:30 US Real Personal Consumption (MoM) (Aug) 0.0% previous
•12:30 US Personal Income (MoM) (Aug) 0.5% forecast, 0.4% previous
•12:30 US Real Consumer Spending (Q2) 3.4% forecast, 0.5% previous
•12:30 US GDP Sales (Q2) 2.2% forecast, 1.9% previous
•12:30 US PCE Prices (Q2) 5.3%, 4.6% previous
•12:30 US Corporate Profits (QoQ) (Q2) 8.2% forecast, 0.5% previous
•12:30 US Wholesale Inventories (MoM) 0.5% forecast, 1.3% previous
Looking Ahead Events And Other Releases (GMT)
• 13:45 US Chicago PMI (Sep) 51.2 forecast, 47.1 previous
•14:00 US Atlanta Fed GDPNow (Q3) 5.0% forecast, 5.0% previous
14:00 US Dallas Fed PCE (Aug) 2.20% previous
14:30 US Crude Oil Inventories -0.700M forecast, 2.969M forecast
14:30 US Cushing Crude Oil Inventories 2.266M previous
14:30 US Heating Oil Stockpiles 0.346M previous
14:30 US Gasoline Production -0.054M previous
Currency Forecast
EUR/USD : The euro edged higher on Wednesday as investors brace for US inflation data later in the day. The Fed's preferred inflation yardstick, US core PCE, is due out later on Wednesday, though the ?market is more focused on Friday's US jobs report, which could reinforce expectations that US rates are ?on the rise. According to the CME's FedWatch Tool, traders see a 47% chance of a Fed rate increase in October and a 91% chance of a hike in December. The US central bank raised ?rates by 25 basis ?points this month. September inflation data from Germany is due later in the ?day, which could offer clues into the health ?of ?the nation. Immediate resistance can be seen at 1.1450(38.2%fib), an upside break can trigger rise towards 1.1539(50%fib).On the downside, immediate support is seen at 1.1348(23.6%fib), a break below could take the pair towards 1.1308(Lower BB).
GBP/USD: Sterling firmed against dollar on Wednesday after data showed the UK economy grew faster than previously expected in the second quarter. Britain's economy grew faster than previously thought in the second quarter, with ?positive signs from household finances and business investment that could encourage finance minister John Healey as he prepares October's budget.Economic output expanded by 0.5% in the April-to-June period, the ?Office for National Statistics said on Wednesday.The ?reading was slightly stronger than a preliminary estimate ?for 0.4% growth in gross domestic product. Economists polled ?by Reuters had expected the 0.4% rise to be ?confirmed. The pound edged up 0.4% to a one-week high of $1.3292, recovering from a three-month low. Immediate resistance can be seen at 1.3347(Daily high), an upside break can trigger rise towards 1.3397(50%fib).On the downside, immediate support is seen at 1.3227(Daily low), a break below could take the pair towards1.3178(23.6%fib).
AUD/USD: The Australian dollar dipped on Wednesday as the Australian dollar came under mild pressure after the latest inflation data showed consumer prices rose slightly less than economists had expected.Australia’s consumer price index increased 0.4% in August, falling short of expectations for a 0.5% rise. Lower clothing and travel prices partly offset higher fuel costs, while annual inflation picked up to 4.0%, reflecting broader price pressures.The trimmed mean measure of underlying inflation increased 0.2% in August, below the 0.3% forecast.Markets had been wagering on a hotter inflation result, so the miss was enough to see the chance of another hike in November drop to 20%, from 36% before the data. Immediate resistance can be seen at 0.7064 (50%fib), an upside break can trigger rise towards 0.7134(50%fib).On the downside, immediate support is seen at 0.7015 (38.2%fib), a break below could take the pair towards 0.6973(Lower BB)
USD /JPY : The U.S. dollar dipped on Wednesday as traders digested fresh verbal warnings from Japanese officials signalling a stronger stance on the currency.Japan's top currency official Atsushi Mimura said markets should pay close attention to the "very clear" message delivered by Japan and the United States last week, signalling a willingness to intervene if the yen falls too sharply. US President Donald Trump raised concerns over the yen's weakness during a summit with Japanese Prime Minister Sanae Takaichi, Japan's Finance Minister Satsuki Katayama said on Friday, providing an unusually detailed account of their currency discussions.Japan's policymakers are increasingly concerned about the weak yen, as it pushes up import costs, especially fuel prices that have climbed sharply due to the Middle East war. Immediate resistance can be seen at 158.00(Psychological level), an upside break can trigger rise towards 158.48(50%fib).On the downside, immediate support is seen at 156.46(SMA 20) a break below could take the pair towards 156.13(61.8%fib).
Equities Recap
European shares looked set to log their first monthly decline in six on Wednesday, as a surge in global bond yields reduced the appeal of risk assets.
UK's benchmark FTSE 100 was down by 0.01 percent, Germany's Dax was down 0.29 percent, France’s CAC was down by 0.55 percent.
Commodities Recap
Oil prices rose on Wednesday and were on track for a big monthly gain as US-Iran talks aimed at ending their war stalled and tight fuel markets continued to underpin prices despite recovering Middle East crude supplies.
The Brent futures November contract , which expires on Wednesday, was up 57 cents, or 0.6%, to $103.16 a barrel at 0944 GMT. The ?more active December contract was up 94 cents to $97.10. US West Texas Intermediate crude was up 82 ?cents, or 0.9%, to $90.20.
Gold prices edged higher ?on Wednesday but remained on track for a monthly decline as prospects of higher interest rates dented sentiment, while investors awaited US inflation data for clues on the Federal Reserve's policy path.
Spot gold rose 0.2% to $4,188.17 per ounce, as of 0920 GMT, but has lost more than 5% so far this month.