Posted at 13 October 2026 / Categories Market Roundups
Market Roundup
•US NFIB Small Business Optimism (Sep) 97.9, 98.1 forecast, 98.7 previous
•US ADP Employment Change Weekly 24.80K, 23.80K previous
•US Redbook (YoY) 10.4%, 8.6% previous
•US Existing Home Sales (Sep) 3.99M, 3.95M forecast, 3.93M previous
•US Existing Home Sales (MoM) (Sep) 1.5%, -0.8% forecast, -3.2% previous
•US 3-Month Bill Auction 4.085%, 4.050% previous
•US 6-Month Bill Auction 4.200%, 4.165% previous
Looking Ahead Economic Data (GMT)
•23:50 Japan M3 Money Supply (Sep) 2,337.3B previous
•23:50 Japan M2 Money Stock (YoY) 2.1% forecast, 2.0% previous
Looking Ahead Economic Data (GMT)
• No Data Ahead
Currency Forecast
EUR/USD : The euro edged higher on Tuesday as dollar investors hoping the Middle East conflict would remain contained ahead of US midterm elections and shifting focus to the Federal Reserve's rate path.Markets expect US President Donald Trump to avoid escalation in the Middle East and Ukraine, as wider conflict could hurt his standing ahead of the midterm elections.Oil prices fell on Tuesday and were on track for their first decline in nearly a week as traders weighed the prospect of additional diesel supplies from Russia.Wednesday's September consumer price index reading should provide further clues about possible Fed tightening. Immediate resistance can be seen at 1.1126(Daily high), an upside break can trigger rise towards 1.1285(38.2%fib).On the downside, immediate support is seen at 1.1147(23.6%fib), a break below could take the pair towards 1.1056(Lower BB).
GBP/USD: The pound edged higher versus the dollar as oil prices dropped and markets expected geopolitical tensions to remain subdued before US midterm elections.Oil prices slid more than 1.5% reversing some of the previous session’s gains after Brent reached a nearly one-month high, as concerns over attacks on Saudi Arabia were balanced against the prospect of additional diesel supplies from Russia. The International Monetary Fund's upward revision to its forecast for British economic ?growth this year adds to signs that rates are not very restrictive, BoE policymaker Megan Greene said ?on Tuesday. Immediate resistance can be seen at 1.3222(SMA20), an upside break can trigger rise towards 1.3255(Higher BB).On the downside, immediate support is seen at 1.3191(Lower BB), a break below could take the pair towards1.3175(23.6%fib).
USD/CAD : The Canadian dollar firmed on Tuesday as Canadian dollar firmed as the US dollar eased ahead of US CPI data.US headline CPI is forecast to rise 0.6% month-on-month in September, accelerating from 0.4% in August, while annual inflation is expected to increase to 3.7% from 3.4%.Core CPI, which excludes food and energy, is projected to rise 0.2% monthly, slowing from 0.3% in the previous month.Traders see about an 80% chance that the Fed will leave rates unchanged at its October 27-28 meeting, up from ?51% a month ago, while pricing in about 75 basis points of tightening by late 2027, CME Group's FedWatch Tool showed. Oil prices fell on Tuesday and were on track for their first decline in nearly a week as traders weighed the prospect of additional diesel supplies from Russia.Immediate resistance can be seen at 1.4293 (23.6%fib), an upside break can trigger rise towards 1.4347 (Higher BB).On the downside, immediate support is seen at 1.4186 (38.2%fib), a break below could take the pair towards 1.4091 (50%fib).
USD /JPY : The US dollar edged higher against the yen on Tuesday as investors assessed the Bank of Japan’s policy outlook following its September rate hike and signals that further tightening remains possible. The BOJ is due to release its latest quarterly economic growth and inflation projections at its October 29–30 meeting, with markets looking for clues on the timing of the next rate increase. Many analysts expect another hike by year-end. Meanwhile, Japan’s wholesale prices rose 6.8% year-on-year in September, easing from the previous month but remaining elevated enough to reinforce expectations of further BOJ tightening. Immediate resistance can be seen at 158.73(50%fib), an upside break can trigger rise towards 159.58(Higher BB).On the downside, immediate support is seen at 157.62(SMA20) a break below could take the pair towards 156.32(61.8%fib).
Equities Recap
European markets retreated on Tuesday, surrendering their initial advances amid sharp declines in AI infrastructure stocks and leading industrial companies.
UK's benchmark FTSE 100 closed down by 0.06 percent, Germany's Dax ended down by 0.07 percent, France’s CAC finished the day down by 0.07 percent.
The Nasdaq closed lower on Tuesday as chip stocks extended recent losses and investors assessed mixed quarterly earnings from Citigroup and other major US banks.
Dow Jones closed down by 0.35% percent, S&P 500 closed down by 0.02 % percent, Nasdaq settled down by 0.15% percent.
Commodities Recap
Gold prices edged lower on Tuesday as investors awaited key US inflation data and comments from the Federal Reserve chair later this week for clues on the monetary policy outlook.
Spot gold fell 0.3% to $4,157.90 per ounce by 02:15 p.m. EDT (1815 GMT). US gold futures for December settled down 0.3% at $4,177.30 per ounce.
Oil prices were mixed on Tuesday as hopes that a US-Russia diesel deal could release additional supplies from Moscow offset concerns over attacks in Saudi Arabia and Yemen that could disrupt supply.
Brent futures settled at $105.69 per barrel, down 96 cents, or 0.9% from Monday, which was its highest settlement since September 15. US West Texas Intermediate crude futures rose 40 cents, or 0.4%, to settle at $94.14, the highest close for WTI since September 24.