Posted at 22 October 2026 / Categories Market Roundups
Market Roundup
• US Initial Jobless Claims 194K, 200K forecast, 200K previous
• US Continuing Jobless Claims 1,728K, 1,720K forecast, 1,703K previous
• US Jobless Claims 4-Week Avg. 197.75K, 200.00K forecast, 198.75K previous
• Canada RMPI (MoM) (Sep) 4.8%, 3.1% forecast, 3.3% previous
• Canada New Housing Price Index (MoM) (Sep) -0.2%, -0.1% forecast, -0.1% previous
• Canada RMPI (YoY) (Sep) 27.0%, 22.9% previous
• Canada IPPI (MoM) (Sep) 2.0%, 0.9% forecast, 1.2% previous
• Canada IPPI (YoY) (Sep) 14.5%, 13.2% previous
• US Leading Index (MoM) (Sep) 0.0%, -0.1% forecast, -0.1% previous
• Eurozone Consumer Confidence (Oct) -17.9, -17.0 forecast, -16.8 previous
• US Natural Gas Storage 77B, 80B forecast, 67B previous
• US KC Fed Composite Index (Oct) 11, 12 forecast, 14 previous
• US KC Fed Manufacturing Index (Oct) 16, 20 previous
Looking Ahead Economic Data (GMT)
•20:30 US Fed's Balance Sheet 6,756B previous
Currency Forecast
Looking Ahead Events And Other Releases (GMT)
• No Events Ahead
Currency Forecast
EUR/USD : The euro edged lower against the US dollar on Thursday as investors also kept a close eye on protests France.French President Emmanuel Macron vowed on Wednesday to prevent a repeat of last weekend's violence at protests planned in the coming days, and dismissed as "stupid" and "unacceptable" comments from some foreign leaders about the unrest. Concerns about France's ability to manage its huge debt burden have hurt French government bonds and raised worries about other heavily indebted euro zone countries. The spread between France and Germany's 10-year note yields reached 177.7 basis points on Thursday, the widest gap since 2011.The euro down 0.3% at $1.1198. 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 initially gained bit gave up ground on Thursday as dollar recovered as markets brace for Federal Reserve (Fed) policy next week. Persistent inflationary pressures, largely driven by elevated energy costs, have strengthened the case for tighter monetary policy, although Fed policymakers are expected to remain cautious for now. Markets are pricing in just a 16% probability of a rate hike at the Fed’s October 27–28 meeting, while the likelihood of an increase in December stands at around 90%, according to CME’s FedWatch Tool. Investors are also focused on next week’s Personal Consumption Expenditures (PCE) inflation report, a key measure closely monitored by the Fed as it seeks to bring inflation back to its 2% target. 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 eased on Thursday as buyers stepped back despite a sharp increase in market expectations for a Reserve Bank of Australia (RBA) interest-rate hike in November.Interest-rate futures now imply a 65.1% probability of an RBA rate hike in November, up significantly from 29% on Tuesday. The repricing followed comments from RBA Assistant Governor Hauser, who indicated that Australia's inflation outlook appears materially worse, reinforcing concerns that inflationary pressures may require further policy tightening.Market participants will closely monitor RBA Governor Michele Bullock's speech on Friday and an interview with RBA Assistant Governor Hunter on Sunday for additional clues regarding the central bank's policy outlook and the likelihood of a November rate increase. 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 slipped lower against yen on Thursday as investors sought safety amid fragile equity markets, elevated crude prices from the drawn-out war in the Middle East .Bank of Japan Deputy Governor Ryozo Himino said on Wednesday that Japan’s underlying inflation was approaching the central bank’s 2% target, while financial conditions remained accommodative, signalling the possibility of further interest-rate hikes. The Bank of Japan lifted its policy rate to 1.25% last month, the highest level in 31 years, as policymakers focused on keeping underlying inflation from overshooting the central bank’s target. A majority of economists surveyed by Reuters expect the Bank of Japan to raise interest rates to 1.50% in December, following increases in June and September, signalling a faster pace of monetary tightening than the central bank’s earlier pattern of just one hike per year.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
European equities fell on Thursday amid renewed selling in technology and artificial intelligence stocks fueled by persistent concerns over the sustainability of heavy AI investments.
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 1.02percent, Germany's Dax was down by 0.31 percent, France’s CAC was down by 1.57 percent.
Commodities Recap
Gold prices fell to their lowest level in more than two months on Thursday as rising oil prices intensified inflation concerns and strengthened expectations that central banks could keep interest rates higher for longer.
Spot gold slid 1.4% to $4,084.25 per ounce by 09:11 ?a.m. EDT (1311 GMT), after falling to its lowest level since August 4 earlier in ?the session.
Brent crude prices climbed to their highest level since May on Thursday as renewed Houthi attacks in Saudi Arabia heightened fears of an escalation in the Middle East conflict.
Brent crude futures climbed $3.19, or 2.9%, to $112.01 a barrel by 1311 GMT. They hit $112.68 a barrel earlier in the session, the highest since May ?18.