Posted at 10 November 2026 / Categories Market Roundups
Market Roundup
•Japan Household Spending (MoM) (Sep): -2.8%, 0.3% forecast, 0.1% previous
•Japan Household Spending (YoY) (Sep): -6.8%, -3.1% forecast, -3.1% previous
•Japan Adjusted Current Account (Sep): 1.82T, 2.81T forecast, 2.91T previous
•Japan Current Account n.s.a. (Sep): 2.372T, 3.354T forecast, 3.993T previous
•Japan Bank Lending (YoY) (Oct): 5.2%, 5.4% forecast, 5.2% previous
•Australia NAB Business Confidence (Oct): -15, -14 previous
•Australia NAB Business Survey (Oct): -2, -1 previous
•China Trade Balance (USD) (Oct): 105.28B, 126.50B forecast, 133.53B previous
•China Imports (YoY) (Oct): 41.6%, 32.0% forecast, 31.0% previous
•China Exports (YoY) (Oct): 35.2%, 33.5% forecast, 36.3% previous
•China Imports (Oct): 34.70M, 24.60M previous
•China Exports (Oct): 28.70M, 29.60M previous
•China Trade Balance (Oct): 712.78B, 855.00B forecast, 905.97B previous
Looking Ahead Economic Data (GMT)
•10:00 Greece Greek Industrial Production (YoY) (Sep): 5.8% previous
•10:00 Greece CPI (YoY) (Oct): 5.0% previous
•10:00 Greece HICP (YoY) (Oct): 5.1% previous
Looking Ahead Events And Other Releases (GMT)
• 10:00 EU Eurogroup Meetings
• 10:00 EU ECOFIN Meetings
Currency Forecast
EUR/USD : ? ?The euro rose higher on Tuesday as market awaited US inflation data for clues on the Federal Reserve's policy path. US consumer prices likely increased at a moderate pace in October, but inflation probably remained stubbornly high, leaving ?the Federal Reserve on course to raise interest rates next month.The anticipated slowdown in the Consumer Price Index would largely reflect a retreat in gasoline prices. The Labor Department's Bureau of Labor Statistics will not publish year-over-year inflation readings when it releases the report on Tuesday because last year's federal government shutdown prevented the collection of consumer price data in October 2025, leaving no comparison base. Immediate resistance can be seen at 1.1242 (Daily high), an upside break can trigger rise towards 1.1291(38.2%fib).On the downside, immediate support is seen at 1.1118(23.6%fib), a break below could take the pair towards 1.1102(Lower BB).
GBP/USD: The pound strengthened on Tuesday as sterling benefited from a broader improvement in market sentiment as investors reassessed the outlook for technology stocks. Bank of England Chief Economist Huw Pill and Deputy Governor Clare Lombardelli are scheduled to speak on Tuesday. Their comments will be closely watched for fresh guidance on the inflation outlook and the future direction of monetary policy.Investors will also focus on Thursday's UK economic releases, including third-quarter and September GDP figures, industrial and manufacturing production, and trade data. These indicators could provide further insight into the health of the British economy and influence expectations for the Bank of England's interest-rate outlook.Immediate resistance can be seen at 1.3460(Daily high), an upside break can trigger rise towards 1.3472(38.2%fib).On the downside, immediate support is seen at 1.3351(38.2%fib), a break below could take the pair towards1.3278(Oct 28th low).
AUD/USD: The Australian dollar traded in narrow range on Tuesday as s investors awaited the release of key US inflation data, which could provide fresh clues about the Federal Reserve's monetary policy outlook.Reuters-polled economists expect US headline inflation to accelerate to 3.9% year-on-year in October, while core inflation is forecast to rise to 2.8%, signalling persistent underlying price pressures. Meanwhile, Australia's NAB Business Confidence index fell to -15 in October from -14 in September, indicating a further deterioration in business sentiment. The NAB Business Survey also weakened to -2 from -1, suggesting softer business conditions amid ongoing economic uncertainty. The Reserve Bank of Australia has raised its interest rate to an 18-year high of 4.85%, yet inflation remains sticky. Core inflation was 3.6% in September, above the central bank's 2% to 3% target ban. Immediate resistance can be seen at 0.6950(38.2%fib), an upside break can trigger rise towards 0.6982(SMA 20).On the downside, immediate support is seen at 0.6860(23.6% fib), a break below could take the pair towards 0.6838(Lower BB)
USD /JPY : The U.S. dollar edged higher against yen on Tuesday as dismal Japanese household spending weighed on Japanese yen .Japanese household spending declined more than expected year-on-year in September, marking its 10th consecutive monthly fall.Japanese household expenditure slumped 6.8% in September, far worse than the forecast 3.1% contraction and the largest annual decline in four years.On a seasonally adjusted monthly basis, Japanese household spending fell 2.8% in September, sharply missing expectations for a 0.3% increase.The data will be closely monitored by the Bank of Japan as it assesses the need for further interest rate increases, with many analysts anticipating the next hike as early as December. Immediate resistance can be seen at 158.72(38.2%fib), an upside break can trigger rise towards 159.16(Higher BB).On the downside, immediate support is seen at 157.15(50% fib) a break below could take the pair towards 156.70(Lower BB).
Equities Recap
Asian stocks climbed on Tuesday as falling oil prices, following Trump's decision to hold off on further strikes against Iran, lifted risk sentiment ahead of key US inflation data.
Japan’s Nikkei 225 was up by 2.76% , Hang Seng was up at 0.46%, China A50 was down at 0.14%
Commodities Recap
Gold prices slipped on Tuesday as investors booked profits following the previous session's 1% rally, while awaiting US inflation data for fresh clues on the Federal Reserve's interest rate outlook.
Spot gold was down 0.4% at $4,124.42 per ounce, as ?of 0618 GMT. US gold futures for December delivery rose 0.5% to $4,133.00.
Oil prices extended losses on Tuesday after Trump downplayed the prospect of further military action against Iran, easing concerns over prolonged Middle East supply disruptions.
Brent crude futures declined 70 cents, or 0.75%, to $91.88 a barrel by 0246 GMT, while US West Texas Intermediate (WTI) futures fell 78 cents, or 0.90%, to $86.07 a barrel. Both benchmarks had fallen 1% ?earlier in the session.Brent settled down 5.85% in the previous session after sliding to ?its lowest since August 31.