Posted at 27 October 2026 / Categories Market Roundups
Market Roundup
• China Industrial Profits YTD (Sep) 15.5%, 15.7% previous
• Japan BoJ Core CPI (YoY) 2.5%, 2.3% previous
Looking Ahead Economic Data (GMT)
•09:00 EU Loans to Non-Financial Corporations (Sep) 4.2% previous
•09:00 EU M3 Money Supply (YoY) (Sep) 3.5%, 3.5% previous
•09:00 EU M3 Money Supply (Sep) 17,646.5B previous
•09:00 EU Private Sector Loans (YoY) (Sep) 3.1%forecast,, 3.1% previous
Looking Ahead Economic Data (GMT)
• No data ahead
Currency Forecast
EUR/USD : ?The euro edged lower on Tuesday ahead of key central bank meetings this week that will influence the global rates outlook.Four major central banks will announce policy decisions this week. The BOJ's meeting follows that of the Fed, which is seen skipping a hike at its two-day meeting concluding on Wednesday.The European Central Bank is also set to keep rates unchanged at 2.5% on Thursday. New Zealand's and Canada's central banks are expected to raise rates this week. On the geopolitical front, the Saudi-led coalition in Yemen said on Tuesday it intercepted and destroyed three ballistic missiles and drones launched by the Houthis towards two regions of Saudi Arabia, as the conflict between the kingdom and the Iran-aligned group intensifies. Immediate resistance can be seen at 1.1218(SMA 20), an upside break can trigger rise towards 1.1302(50%fib).On the downside, immediate support is seen at 1.1153(23.6%fib), a break below could take the pair towards 1.1135(Lower BB).
GBP/USD: The pound edged lower on Tuesday as dollar firmed ahead of Fed interest rate decision due on Wednesday. Markets await the Fed's policy decision on Wednesday along with the Personal Consumption Expenditures data on Thursday, the central bank's preferred gauge as it targets a 2% inflation rate. Federal Reserve policymakers have telegraphed they will not raise US short-term borrowing costs again this week, but with inflation concerns still front and center, investors doubt a pause will last for long. Traders are pricing in about an 11% chance of a rate hike this week and an 82% chance of a December increase, according to the CME's FedWatch Tool. Immediate resistance can be seen at 1.3403(38.2%fib), an upside break can trigger rise towards 1.34209(Oct 22nd high).On the downside, immediate support is seen at 1.3302(38.2%fib), a break below could take the pair towards1.3282 (Lower BB).
AUD/USD: The Australian dollar traded in a narrow range against the U.S. dollar on Tuesday as investors cautiously adjusted their positions ahead of the Federal Reserve’s monetary policy decision. The Fed is widely expected to keep interest rates unchanged, shifting market attention toward its policy statement and accompanying comments for clues about the future direction of U.S. monetary policy.Investors will closely assess policymakers’ views on persistent inflation, economic growth and elevated energy prices to gauge whether further monetary tightening could be warranted in the coming months. A hawkish tone from the Fed could support the U.S. dollar and put pressure on AUD/USD, while a more cautious assessment of inflation risks could offer some support to the Australian currency.Meanwhile, attention in Australia is turning to Wednesday’s third-quarter consumer price index (CPI) report, which is expected to provide fresh insight into domestic inflation trends and the Reserve Bank of Australia’s monetary policy outlook.Immediate resistance can be seen at 0.7045(Higher BB), an upside break can trigger rise towards 0.7058(50%fib).On the downside, immediate support is seen at 0.6986 (38.2% fib), a break below could take the pair towards 0.6977(Lower BB)
USD /JPY : The U.S. dollar edged higher against the Japanese yen on Tuesday as investors positioned themselves ahead of key central bank policy decisions this week that are expected to shape the global interest rate outlook.The Bank of Japan (BOJ) is widely expected to keep its benchmark interest rate unchanged at 1.25% following its two-day policy meeting ending on Friday. Investors will closely examine the central bank’s policy statement and Governor Kazuo Ueda’s comments for clues about the timing of further monetary tightening.The BOJ is among five major central banks scheduled to announce monetary policy decisions this week. Its decision will follow the Federal Reserve’s meeting, with U.S. policymakers widely expected to leave interest rates unchanged at the conclusion of their two-day meeting on Wednesday. Market participants will assess the Fed’s guidance for indications of its future policy path, with any hawkish signals potentially supporting the U.S. dollar and adding pressure on the yen. Immediate resistance can be seen at 158.00(Psychological level), an upside break can trigger rise towards 158.48(50%fib).On the downside, immediate support is seen at 156.46(SMA 20) a break below could take the pair towards 156.13(61.8%fib).
Equities Recap
Asian stock markets rallied on Tuesday as news of artificial intelligence company Anthropic’s highly anticipated IPO filing boosted investor sentiment and renewed appetite for risk..
Japan’s Nikkei 225 was up by 1.78% , China A50 was down at 1.16 %, South Korea’s KOSPI was up at 3.09%
Commodities Recap
Gold prices edged lower on Tuesday, pressured by a firmer U.S. dollar, while investors remained cautious ahead of the Federal Reserve’s monetary policy meeting for fresh signals on the outlook for interest rates.
Spot gold eased 0.3% to $4,003.59 per ounce by 0530 GMT, while US gold futures for December delivery ?dropped 0.5% to $4,016.10.
Oil prices edged lower on Tuesday, declining around 1% as hopes for a diplomatic resolution to the U.S.-Israeli war with Iran eased concerns over potential supply disruptions in the Middle East.
Brent crude futures were down $1, or 0.86%, at $114.81 a barrel by 0418 GMT, while US West Texas Intermediate crude was down 88 cents, or 0.86%, at $100.88. Both fell 1% early in the session.