Posted at 15 October 2026 / Categories Market Roundups
Market Roundup
• US Retail Sales (MoM) (Sep) 0.8%, 0.3% forecast, 1.3% previous
• US PPI (MoM) (Sep) 1.3%, 0.6% forecast, 0.5% previous
• US Core Retail Sales (MoM) (Sep) 0.9%, 0.6% forecast, 1.4% previous
• US Philadelphia Fed Manufacturing Index (Oct) 20.9, 28.2 forecast, 37.8 previous
• US Initial Jobless Claims 199K, 199K forecast, 198K previous
• US Philly Fed Employment (Oct) 9.1, 11.8 previous
• US Retail Control (MoM) (Sep) 0.1%, 0.3% forecast, 1.2% previous
• US NY Empire State Manufacturing Index (Oct) 25.50, 12.10 forecast, 7.60 previous
• US Core PPI (MoM) (Sep) 0.7%, 0.3% forecast, 0.2% previous
• US Continuing Jobless Claims 1,710K, 1,710K forecast, 1,714K previous
• US Philly Fed Business Conditions (Oct) 33.0, 52.9 previous
• US Philly Fed Prices Paid (Oct) 43.20, 48.60 previous
• US Core PPI (YoY) (Sep) 5.0%, 4.4% forecast, 4.8% previous
• US Philly Fed CAPEX Index (Oct) 34.90, 37.10 previous
• US Retail Sales Ex Gas/Autos (MoM) (Sep) 0.2%, 1.1% previous
• US PPI ex. Food/Energy/Transport (MoM) (Sep) 0.5%, 0.3% previous
• US PPI ex. Food/Energy/Transport (YoY) (Sep) 5.0%, 4.8% previous
• US PPI (YoY) (Sep) 6.3%, 5.3% forecast, 5.6% previous
• US Philly Fed New Orders (Oct) 4.3, 29.2 previous
• US Retail Sales (YoY) (Sep) 6.29%, 5.56% previous
• US Jobless Claims 4-Week Avg. 198.50K, 198.25K previous
• Canada Wholesale Sales (MoM) (Aug) -1.6%, -1.5% forecast, 0.4% previous
• Canada Manufacturing Sales (MoM) (Aug) 1.5%, 1.1% forecast, -0.3% previous
• Canada Capacity Utilization Rate (Aug) 81.9%, 80.7% previous
• Canada New Motor Vehicle Sales (MoM) (Aug) 174.6K, 176.2K previous
Looking Ahead Economic Data (GMT)
•15:30 US Atlanta Fed GDPNow (Q3) 3.6% forecast, 3.6% previous
•15:30 US 4-Week Bill Auction 3.980% previous
•15:30 US 8-Week Bill Auction 3.980% previous
•16:00 US Crude Oil Inventories 0.200M forecast, -3.186M previous
•16:00 US Cushing Crude Oil Inventories 0.444M previous
•16:00 US Gasoline Production -0.117M previous
•16:00 US Distillate Fuel Production 0.287M previous
•16:00 US Gasoline Inventories -0.500M forecast, 0.382M previous
Looking Ahead Economic Data (GMT)
• 10:00 Euro Summit
Currency Forecast
EUR/USD : The euro edged higher on Thursday as a sharp drop in Treasury yields amid a risk-off mood weighed on the greenback, while cautious remarks from Federal Reserve officials tempered October hike expectations despite hot inflation data.Markets turned risk-off as the hot CPI reading bolstered bets on higher-for-longer Fed rates and revived worries about AI companies' heavy debt burdens, driving safe-haven flows into Treasuries.Market pricing for an October Fed rate hike rose sharply to 50% on the back of the CPI data, before a chorus of Fed officials - including Vice Chair for Supervision Michelle Bowman and San Francisco Fed President Mary Daly - said the central bank could wait for a clearer picture ahead of the October 27 and 28 meeting, tempering those bets.The market's focus will now shift to US producer price and retail sales data later in the day, with the former expected to show a jump in business costs last month. Immediate resistance can be seen at 1.1250(38.2%fib), an upside break can trigger rise towards 1.1285(SMA 20).On the downside, immediate support is seen at 1.1118(23.6%fib), a break below could take the pair towards 1.1035(Lower BB).
GBP/USD: The pound firmed against as the greenback weakened and data showed that Britain's economy unexpectedly grew in ?August. The data comes not long before the UK budget later this month, which will be the first for British finance minister John Healey.Healey on Thursday said the budget would include measures ?to reinforce the resilience ?of Britain's economy to ?the Iran war energy price shock and offer "a bit of breathing space" to the country. He also reiterated that the budget will meet fiscal ?rules. Meanwhile, Bank of England Deputy Governor Sarah Breeden said on Thursday that ?cost-cutting by British ?companies in response to the energy price shock caused by the Iran war would make it easier for the central bank to contain inflation. Immediate resistance can be seen at 1.3263(SMA20), an upside break can trigger rise towards 1.3301(38.2%fib).On the downside, immediate support is seen at 1.3163(23.6%fib), a break below could take the pair towards1.3123(Lower BB).
AUD/USD: The Australian dollar weakened on Thursday after weaker-than-expected Australian employment data dampened expectations of further Reserve Bank of Australia (RBA) interest-rate hikes. Data showed Australian employment fell 39,300 in September, the largest drop since early last year and a shock to analysts who had looked for a rise of 20,000.The jobless rate stayed at a five-year high of 4.7%, with August revised up from an initial 4.6%. That will be a blow to the Reserve Bank of Australia, which had not expected to see 4.7% reached until the end of 2027.Markets reacted by paring the chance of a November rate hike to around 9%, from 32% before the data, while a December move came down to 28% from 56%. Immediate resistance can be seen at 0.6957 (38.2%fib), an upside break can trigger rise towards 0.7000(50%fib).On the downside, immediate support is seen at 0.6897 (23.6%fib), a break below could take the pair towards 0.6850(Lower BB)
USD /JPY : The US dollar slipped lower against the yen on Thursday after Japanese Finance Minister Satsuki Katayama reiterated that authorities were prepared to intervene in the currency market if necessary.Japanese Finance Minister Satsuki Katayama warned speculators that authorities were ready to intervene in the currency market again if necessary, after the yen weakened to its lowest level against the dollar this month following hotter-than-expected US inflation data.She reiterated that the US and Japanese authorities remained aligned in their stance following their joint action to strengthen the yen in July. Meanwhile. Bank of Japan board member Junko Koeda said on Thursday that the central bank should not be overly cautious about raising interest rates, citing significant upside risks to inflation and signalling the possibility of a near-term rate hike. Immediate resistance can be seen at 158.37(50%fib), an upside break can trigger rise towards 159.23(Higher BB).On the downside, immediate support is seen at 157.68(Daily low) a break below could take the pair towards 156.65(Lower BB).
Equities Recap
European stocks climbed on Friday as easing oil prices and government bond yields improved investor sentiment, easing concerns over inflationary pressures and borrowing costs.
UK's benchmark FTSE 100 was d down by 0.19 percent, Germany's Dax was up by 0.82 percent, France’s CAC was up by 0.34 percent.
Commodities Recap
Gold prices climbed more than 1% on Thursday, heading for a break in a three-session losing streak, supported by a weaker US dollar and lower Treasury yields. Expectations of a Federal Reserve rate hike this month remained subdued despite hotter-than-expected US inflation data.
Spot gold was up 1.3% at $4,156.52 per ounce ?by 9:30 EDT (1330 GMT), having slipped to a one-week low in the last ?session. US gold futures for December delivery rose 1.7% to $4,177.80 per ounce.
Brent crude prices fell around 1% on Thursday as potential US measures to ease restrictions on Russia’s “shadow fleet” tankers eased supply concerns. The international benchmark fell $1.03, or 0.97%, to $105.03 a barrel by 1326 GMT.