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Europe Roundup: Dollar, 10-year Treasury yields rise after CPI data, European stocks rise , Gold drops over 1%-Oct 14th 2026

Posted at 14 October 2026 / Categories Market Roundups


Market Roundup

• Swedish CPIF (MoM) (Sep) 0.9%, 0.9% forecast, 0.9% previous

• Swedish CPI (YoY) (Sep) 1.1%, 1.2% forecast, 0.3% previous

• Swedish CPIF (YoY) (Sep) 1.5%, 1.5% forecast, 0.7% previous

• Swedish CPI (MoM) (Sep) 0.9%, 0.9% forecast, -0.3% previous

• Swedish Household Confidence (YoY) (Sep) 3.50%, 3.80% previous

• Swedish Household Confidence (MoM) (Sep) 1.10%, 0.70% previous

• Swedish CPIF Ex Energy (MoM) (Sep) 0.10%, 0.10% previous

• Swedish CPIF Ex Energy (YoY) (Sep) 0.50%, 0.50% previous

• German WPI (YoY) (Sep) 8.7%, 6.8% previous

• German WPI (MoM) (Sep) 1.9%, 0.6% forecast, 0.9% previous

• US CPI (MoM) (Sep) 0.6%, 0.6% forecast, 0.4% previous

• US CPI (YoY) (Sep) 3.7%, 3.6% forecast, 3.4% previous

• US Core CPI (YoY) (Sep) 2.6%, 2.5% forecast, 2.4% previous

• US Real Earnings (MoM) (Sep) -0.5%, 0.2% previous

• US Core CPI Index (Sep) 338.90, 337.77 previous

• US CPI Index, n.s.a. (Sep) 336.94, 336.65 forecast, 334.98 previous

• US CPI, n.s.a. (MoM) (Sep) 0.59%, 0.32% previous

• US CPI Index, s.a. (Sep) 336.30, 334.13 previous

• Canada Building Permits (MoM) (Aug) 8.8%, 2.9% forecast, -15.8% previous

Looking Ahead Economic Data (GMT)  

•15:00 US Leading Index (MoM) -0.1% previous

•15:00 US Cleveland CPI (MoM) (Sep) 0.2% previous

Currency Forecast

EUR/USD : The euro  slipped lower  as stronger dollar and lingering concerns about France's fiscal health continued to weigh on the single currency. A host of global finance chiefs are in Bangkok, where the International Monetary Fund and World Bank are holding annual meetings.The ECB's Lagarde said at a CNN event in Bangkok that France should solve its debt woes through fiscal consolidation, damping speculation about whether the central bank might start buying French bonds to contain yields.The euro touched a fresh 17-month low against the dollar this week as soaring French borrowing costs added to inflation concerns driven by higher energy costs. 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 slipped  lower   after data showed consumer inflation picked up more quickly than expected in the world's largest economy last month. The Labor Department said its core consumer price index rose 0.3% in September from August, versus economist expectations for a rise of 0.2%. On an annual basis, core CPI, which strips out food and energy prices, rose 2.6%, above forecasts for a rise of 2.5%, while the headline rate rose 3.7%, above estimates for a rise of 3.6%.The dollar rose 0.3% against a basket of currencies  , while US 2-year Treasury yields  , which are most sensitive to shifts in expectations for inflation and monetary policy, leapt 7 basis points on the day to 4.872%, from around 4.77% earlier on. Immediate resistance can be seen at 1.3262(SMA20), an upside break can trigger rise towards 1.3279(38.2%fib).On the downside, immediate support is seen at 1.3171(23.6%fib), a break below could take the pair towards1.3145(Lower BB).

AUD/USD: The Australian dollar weakened on Wednesday as investors digested US CPI data. US consumer prices likely surged in September, driven by rising gasoline and food costs, and adding to a string of unfavorable developments for President ?Donald Trump and his Republican Party heading into crucial November 3 midterm elections.The Labor Department's Consumer Price Index report on Wednesday will follow in the wake of surveys showing ‌a deterioration in consumer sentiment and a decline in Trump's approval rating amid frustration over the rising cost of living.In the 12 months through September, the CPI is forecast to have increased 3.6% after rising 3.4% in August. The US central bank tracks the Personal Consumption Expenditures Price Indexes for its 2% inflation target. Immediate resistance can be seen at 0.69771 (SMA20), an upside break can trigger rise towards 0.7000(Higher BB).On the downside, immediate support is seen at 0.6949 (Lower BB), a break below could take the pair towards 0.6912(23.6%fib)

USD /JPY : The US dollar  rose  higher against the yen on Wednesday  after data showing US inflation data showed consumer prices increased in September on higher gasoline costs, raising the prospects of an interest-rate hike later this month.The Consumer Price Index rose 0.6% last month after climbing 0.4% in August, the Labor Department's Bureau of Labor Statistics said on Wednesday. In the 12 months through September, the CPI advanced 3.7% after rising 3.4% in August.The dollar was last up 0.28% against the yen at 158.74, while the index, which tracks the currency against six peers, was last up 0.44% at 102.62. Immediate resistance can be seen at 159.95(38.2%fib), an upside break can trigger rise towards 159.14(Higher BB).On the downside, immediate support is seen at  158.38(Daily low) a break below could take the pair towards 157.84(61.8%fib).

Equities Recap

European stocks rose on Wednesday as dovish comments from central bankers lifted investor sentiment ahead of a key US inflation report.

UK's benchmark FTSE 100 was up  by 0.25 percent, Germany's Dax  was up by 0.49 percent, France’s CAC was up   by 0.51 percent.

Commodities Recap

Gold prices fell more than 1% on Wednesday, extending losses for a third consecutive session as stronger-than-expected US inflation data boosted expectations of a Federal Reserve rate hike this month.

Spot gold dropped 1.7% to $4,086.06 per ounce by 9:03 a.m. EDT (1303 GMT), its lowest since October 7. US gold futures for December delivery fell ?1.6% to $4,108.60 per ounce.

Oil prices climbed on Wednesday following an attack on the headquarters of Saudi Arabia’s state-owned oil company, while reports that Iran was adopting new tactics to target shipping raised concerns over potential supply disruptions and efforts to keep crude prices elevated ahead of the US midterm elections.

Brent crude futures were up 91 cents, or 0.9%, to $106.60 a barrel at 1110 GMT. US West Texas Intermediate crude was up $1.65, or 1.8%, to $95.79 a barrel, a more than two-week high.


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