Posted at 10 November 2026 / Categories Market Roundups
Market Roundup
•Greek Industrial Production (YoY) (Sep): 0.6%, 5.8% previous
•Greek CPI (YoY) (Oct): 5.7%, 5.0% previous
•Greek HICP (YoY) (Oct): 5.7%, 5.1% previous
Looking Ahead Economic Data (GMT)
•13:30 US CPI (MoM) (Oct): 0.3% forecast, 0.6% previous
•13:30 US Core CPI (MoM) (Oct): 0.2% forecast, 0.3% previous
•13:30 US CPI (YoY) (Oct): 3.9% forecast, 3.7% previous
•13:30 US Core CPI (YoY) (Oct): 2.8% forecast, 2.6% previous
•13:30 US Core CPI Index (Oct): 338.90 previous
•13:30 US CPI Index, n.s.a. (Oct): 337.02 forecast, 336.94 previous
•13:30 US CPI Index, s.a. (Oct): 336.30 previous
•13:30 US Real Earnings (MoM) (Oct): -0.5% previous
•13:30 US CPI, n.s.a. (MoM) (Oct): 0.59% previous
•15:00 US Cleveland CPI (MoM) (Oct) 0.2% previous
Currency Forecast
EUR/USD : ? ?The euro initially gained but gave up ground 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 retreated on Tuesday as investors assessed comments from Bank of England Deputy Governor Clare Lombardelli. Bank of England Deputy Governor Clare Lombardelli said on Tuesday that persistent inflationary pressures in Britain are becoming increasingly evident, signalling her support for further interest rate increases following last week's hike. 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 dipped 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
European shares edged higher on Tuesday, with the STOXX 600 trading near record levels as declining oil prices and easing fears of further military escalation between the United States and Iran improved investor sentiment and boosted risk appetite.
UK's benchmark FTSE 100 was last trading up at 0.47 percent, Germany's Dax was up by 1.19 percent, France’s CAC was last up by 1.16 percent.
Commodities Recap
Gold prices dropped more than 1% on Tuesday as hawkish comments from a Federal Reserve official, warning that aggressive monetary tightening may be necessary if inflation continues to rise, pressured bullion ahead of the US consumer price inflation report.
Spot gold was down 1.6% ?to $4,071.07 per ounce by 1153 GMT. US gold futures for December delivery fell 0.9% to $4,079.80 ?per ounce.
Oil prices extended losses on Tuesday after US President Donald Trump played down the possibility of further military action against Iran, easing concerns over prolonged Middle East supply disruptions, while worries about a potential global supply glut also weighed on the market.
Brent crude futures were down $2.17, or 2.34% at $90.40 a barrel by 1214 GMT. US West Texas Intermediate (WTI) futures fell $1.75, or 2%, to $85.10.