Posted at 21 October 2026 / Categories Market Roundups
Market Roundup
•Japan Trade Balance (Sep) -536.6B, -181.0B forecast, -1,111.9B previous
•Japan Exports (YoY) (Sep) 16.7%, 20.1% forecast, 19.3% previous
•Japan Adjusted Trade Balance -0.70T, -0.26T forecast, -0.80T previous
•Japan Imports (YoY) (Sep) 18.9%, 19.6% forecast, 28.0% previous
• UK CPI (YoY) (Sep) 3.5%, 3.4% forecast, 3.1% previous
• UK PPI Input (MoM) (Sep) 1.5%, 1.3% forecast, 0.5% previous
• UK CPI (MoM) (Sep) 0.4%, 0.3% forecast, 0.5% previous
• UK Core PPI Output (YoY) (Sep) 2.9%, 2.8% previous
• UK PPI Input (YoY) (Sep) 8.3%, 7.2% forecast, 6.7% previous
• UK PPI Output (YoY) (Sep) 4.6%, 4.3% forecast, 3.8% previous
• UK Core PPI Output (MoM) (Sep) 0.2%, 0.2% previous
• UK RPI (MoM) (Sep) 0.1%, 0.1% forecast, 0.6% previous
• UK RPI (YoY) (Sep) 3.9%, 3.9% forecast, 3.4% previous
• UK Core RPI (MoM) (Sep) 0.1%, 0.6% previous
• UK CPI, n.s.a (Sep) 144.10, 143.60 previous
• UK Core CPI (MoM) (Sep) 0.2%, 0.2% forecast, 0.3% previous
• UK Core CPI (YoY) (Sep) 2.8%, 2.8% forecast, 2.6% previous
• UK Core RPI (YoY) (Sep) 3.9%, 3.3% previous
Looking Ahead Economic Data (GMT)
• 08:30 UK House Price Index (YoY) 1.2% forecast,1.4% previous
• 0 9:00 Belgium Consumer Confidence (Oct)-10 previous
Looking Ahead Events And Other Releases (GMT)
• 10:00 German Buba Monthly Report
Currency Forecast
EUR/USD : The euro edged lower against the US dollar on Wednesday as investors remained cautious amid escalating anti-government protests in France and growing concerns over the country's deteriorating fiscal outlook. The French government announced on Tuesday that it would reinforce police with military personnel and deploy a major security operation ahead of further protests planned for Saturday, acknowledging shortcomings in its response to the violence that erupted over the previous weekend.Meanwhile, market participants remained focused on upcoming central bank policy decisions, with the US Federal Reserve, European Central Bank and Bank of Japan scheduled to announce their decisions on consecutive days starting next Wednesday. Markets currently expect all three central banks to leave interest rates unchanged, keeping attention on policymakers' guidance for future monetary policy. Immediate resistance can be seen at 1.1255(38.2%fib), an upside break can trigger rise towards 1.1228(Higher BB).On the downside, immediate support is seen at 1.1119(SMA20), a break below could take the pair towards 1.11315(23.6%fib).
GBP/USD: The pound edged lower on Wednesday as investors assessed digested UK inflation data. British inflation rose by more than expected last month, according to data that is ?likely to intensify calls for support for households in next week's budget and add to the case for an increase in interest rates by the Bank of England in November.Annual consumer price ?inflation rose by 3.5% in September after a 3.1% ?increase in August, the Office for National Statistics said ?on Wednesday.Wednesday's inflation data release comes ?a week before finance minister John Healey's first budget when he is expected to offer some further support for households hit hardest by the jump in energy prices. Immediate resistance can be seen at 1.3387(Higher BB ), an upside break can trigger rise towards 1.3408(50%fib).On the downside, immediate support is seen at 1.3299(38.2%fib), a break below could take the pair towards1.3257(SMA20).
AUD/USD: The Australian dollar firmed on Wednesday as investors evaluated comments from RBA Assistant Governor Christopher Hauser. Reserve Bank of Australia Deputy Governor Andrew Hauser said tighter monetary policy was having an impact, but the inflation outlook had deteriorated significantly, partly due to elevated oil prices.Hauser highlighted the need to prevent inflation expectations from rising as the RBA prepares for its November 3 meeting to decide whether to raise interest rates for the fifth time this year.Markets raised the probability of an RBA rate hike in November to 44%, up from 30% at the start of the week, while the odds of a December increase climbed to 64%.Australian third-quarter consumer price data are due next week, with analysts expecting core inflation to increase by a substantial 0.9% to 1.0%, potentially keeping the annual rate at 3.5%, well above the RBA’s 2%–3% target range .Immediate resistance can be seen at 0.7037 (Higher BB), an upside break can trigger rise towards 0.70600(38.2%fib).On the downside, immediate support is seen at 0.6987(38.2%fib), a break below could take the pair towards 0.6976(SMA 20)
USD /JPY : The US dollar edged lower against yen on Wednesday after government data released on Wednesday showed Japan's exports in September.Japan’s exports increased by 16.7% year-on-year in September, according to government data released on Wednesday, supported by robust demand for semiconductors and artificial intelligence-related products.Japan’s exports extended their growth streak to 13 months, after rising 19.3% in August, official data showed. Despite the continued expansion, the latest increase was below economists’ expectations of 20.1%.On the monetary policy front, the Bank of Japan is widely expected to leave interest rates unchanged next week before implementing a rate hike in December.Earlier this week, Bank of Japan Governor Kazuo Ueda said underlying inflation was approaching the central bank’s 2% target, strengthening expectations of a more hawkish monetary policy stance. Immediate resistance can be seen at 158.71(38.2%fib), an upside break can trigger rise towards 159.16(Higher BB).On the downside, immediate support is seen at 158.02(SMA 20) a break below could take the pair towards 157.00(Psychological level ).
Equities Recap
Asian stocks climbed on Wednesday, moving close to their highest levels since last week’s selloff, supported by gains on Wall Street and encouraging early signs from the corporate earnings season.
Japan’s Nikkei 225 was up by 0.97 % , Hang Seng was down at 0.92%, South Korea’s KOSPI was up at 3.29%.
Commodities Recap
Gold prices edged lower for a fourth consecutive session on Wednesday, pressured by rising oil prices and renewed inflation concerns, with investors looking to next week’s Federal Reserve meeting for signals on the central bank’s monetary policy outlook.
Spot gold was down 0.1% at $4,119.37 per ounce by 0516 GMT, while US gold futures for December delivery slipped 0.1% to $4,137.00.
Oil prices rose by more than $1 on Wednesday as escalating tensions in the Middle East heightened concerns over potential supply disruptions.
Brent crude futures rose $1.61, or 1.5%, to $110.40 per barrel as of 0630 GMT. US West Texas Intermediate (WTI) ?crude gained $1.45, or 1.5%, to $99.27 per barrel.