Posted at 28 October 2026 / Categories Market Roundups
Market Roundup
•US Building Permits (Sep) 1.398M, 1.400M forecast, 1.403M previous
•US Building Permits (MoM) (Sep) -0.4%, -0.2% forecast, -2.1% previous
•US Durable Goods Orders (MoM) (Sep) 1.8%, 2.0% forecast, 0.1% previous
•US Core Durable Goods Orders (MoM) (Sep) 0.5%, 0.6% forecast, 0.3% previous
•US Goods Orders Non Defense Ex Air (MoM) (Sep) 0.5%, 0.7% forecast, 1.6% previous
•US Durables Excluding Defense (MoM) (Sep) 2.2%, 0.3% previous
•US Redbook (YoY) 9.3%, 9.0% previous
•US S&P/CS HPI Composite - 20 n.s.a. (MoM) (Aug) -0.4%, 0.0% previous
•US S&P/CS HPI Composite - 20 n.s.a. (YoY) (Aug) 2.7%, 2.6% forecast, 2.5% previous
•US House Price Index (YoY) (Aug) 2.4%, 2.5% previous
• US S&P/CS HPI Composite - 20 s.a. (MoM) (Aug) 0.3%, 0.3% previous
• US House Price Index (Aug) 444.6, 443.2 previous
• US House Price Index (MoM) (Aug) 0.3%, 0.2% forecast, 0.2% previous
•US New Home Sales (MoM) (Sep) -0.6%, -4.5% forecast, 5.1% previous
•US Richmond Manufacturing Index (Oct) -2, 0 forecast, -2 previous
•US Richmond Manufacturing Shipments (Oct) 0, -5 previous
•US Richmond Services Index (Oct) 2, 0 previous
•US Texas Services Sector Outlook (Oct) 4.0, -1.8 previous
•US Dallas Fed Services Revenues (Oct) 4.4, -0.9 previous
•US Atlanta Fed GDPNow (Q3) 3.4%, 3.5% forecast, 3.5% previous
Looking Ahead Economic Data (GMT)
•00:30 Australia CPI (YoY) (Q3) 3.9% forecast, 4.0% previous
•00:30 Australia Trimmed Mean CPI (QoQ) (Q3) 1.0%, 0.8% previous
•00:30 Australia CPI (QoQ) (Q3) 1.3% forecast, 0.6% previous
•00:30 Australia Trimmed Mean CPI (YoY) (Q3) 3.6% forecast, 3.6% previous
•00:30 Australia Weighted Mean CPI (YoY) (Q3) 3.6% previous
•00:30 Australia Weighted Mean CPI (QoQ) (Q3) 0.7% previous
•00:30 Australia CPI Index Number (Q3) 102.31 previous
•00:30 Australia Weighted Mean CPI (YoY) (Sep) 4.20% forecast, 4.00% previous
•01:00 New Zealand RBNZ Interest Rate Decision 3.00% forecast, 2.75% previous
Looking Ahead Economic Data (GMT)
• 01:00 New Zealand RBNZ Rate Statement
•02:00 New Zealand RBNZ Press Conference
Currency Forecast
EUR/USD : ?The euro edged lower against the U.S. dollar on Tuesday as investors remained cautious ahead of key central bank policy decisions this week that could shape the global interest rate outlook.Four major central banks are scheduled to announce monetary policy decisions this week. The Bank of Japan’s meeting follows the Federal Reserve’s decision, with U.S. policymakers widely expected to leave interest rates unchanged when their two-day meeting concludes on Wednesday.The European Central Bank is also expected to keep its benchmark interest rate unchanged at 2.50% on Thursday. The euro was on track to be the weakest-performing developed-market currency against the dollar in October, having fallen 1.70% amid elevated energy costs, volatility in French government bonds and growing concerns over France’s fiscal position. Immediate resistance can be seen at 1.1178(Daily high), an upside break can trigger rise towards 1.1222(38.2%fib).On the downside, immediate support is seen at 1.1116(23.6%fib), a break below could take the pair towards 1.1098 (Lower BB).
GBP/USD: The pound edged lower against major currencies on Tuesday as investors remained cautious ahead of the UK government’s budget announcement on Wednesday.Finance Minister John Healey is set to deliver his first budget amid rising global borrowing costs and elevated energy prices linked to the Iran war. Investors will closely assess the government’s fiscal measures and borrowing plans for the coming year to gauge its commitment to maintaining fiscal discipline.UK budget announcements have become a major focus for financial markets, particularly since 2022, when the government’s unfunded tax-cut plans triggered turmoil in the bond market. Healey faces the challenge of meeting the government’s fiscal targets while seeking to avoid increases in major taxes. 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).
USD/CAD : The Canadian dollar weakened against the US dollar on Tuesday as falling oil prices and caution ahead of the Bank of Canada’s expected interest rate hike weighed on the currency.The US dollar strengthened against a basket of major currencies after US economic data indicated that business spending on equipment maintained a robust pace in the third quarter. Investors are also assessing the outlook for further monetary tightening ahead of the Federal Reserve’s policy decision on Wednesday.Oil prices declined as traders monitored Middle East peace talks, with lower crude prices putting pressure on the Canadian dollar, given Canada’s role as a major oil exporter. US crude futures settled 1.8% lower at $99.90 a barrel.Markets are pricing in roughly a 75% probability that the Bank of Canada will raise its benchmark interest rate by 25 basis points to 2.50% on Wednesday. Immediate resistance can be seen at 1.4103(50%fib), an upside break can trigger rise towards 1.4153 (SMA 20).On the downside, immediate support is seen at 1.4009 (61.8%fib), a break below could take the pair towards 1.3966(SMA20).
USD /JPY : The U.S. dollar edged higher against the Japanese yen on Tuesday as investors prepared for a series of major central bank decisions this week that could 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. 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
European shares closed higher on Tuesday, supported by strong corporate earnings and a retreat in crude oil prices, recovering from earlier losses triggered by HSBC’s weaker-than-expected quarterly revenue, which dampened investor sentiment.
UK's benchmark FTSE 100 closed down by 0.75 percent, Germany's Dax ended up by 0.71 percent, France’s CAC finished the day down by 0.51 percent.
U.S. stocks closed higher on Tuesday, driven by a rally in AI-related technology shares as the third-quarter earnings season gathered momentum.
Dow Jones closed up by 0.03 % percent, S&P 500 closed down by 0.60 % percent, Nasdaq settled up by 1.18% percent.
Commodities Recap
Gold prices rose about 1% on Tuesday as lower oil prices lent support, with market participants awaiting the Federal Reserve's policy meeting for signals on the future path of US interest rates.
Spot gold climbed 1% to $4,055.14 per ounce by 1:44 p.m. ET (1744 GMT)after hitting as low as $3,987.14 earlier in the session.US gold futures for December delivery settled 0.9% higher at $4,074.60 per ounce.
Oil futures settled nearly $2 a barrel lower on Tuesday, retreating from recent highs but remaining close to six-month peaks as shipping disruptions across the Middle East continued to threaten supplies.
Brent crude futures settled down $1.93, or 1.67%, at $113.88 a barrel. US West Texas Intermediate crude settled down $1.86, or 1.83%, at $99.90.