Posted at 13 November 2026 / Categories Market Roundups
Market Roundup
• EU Trade Balance (Sep): -€10.3B, -€4.5B forecast, -€16.6B previous
• EU GDP (YoY) (Q3): 1.3%, 1.3% forecast, 1.2% previous
• EU GDP (QoQ) (Q3): 0.4%, 0.4% forecast, 0.6% previous
• EU Employment Overall (Q3): 176,547.1K, 176,535.7K previous
• EU Employment Change (QoQ) (Q3): 0.1%, 0.2% forecast, 0.1% previous
• EU Employment Change (YoY) (Q3): 0.5%, 0.4% forecast, 0.5% previous
• French CPI (MoM) (Oct): 0.4%, 0.4% forecast, -0.3% previous
• French HICP (MoM) (Oct): 0.4%, 0.4% forecast, -0.3% previous
• French HICP (YoY) (Oct): 3.7%, 3.8% forecast, 3.8% previous
• French Inflation (YoY) (Oct): 3.40%, 3.10% previous
• French CPI (YoY) (Oct): 3.4%, 3.4% forecast, 3.1% previous
• French CPI NSA (MoM) (Oct): 0.40%, 0.40% previous
• French CPI NSA (YoY) (Oct): 3.40%, 3.40% previous
•US PPI (MoM) (Oct): 0.3%, 0.4% forecast, 1.4% previous
•US Core PPI (MoM) (Oct): 0.3%, 0.3% forecast, 0.8% previous
•US PPI (YoY) (Oct): 6.5%, 6.6% forecast, 6.3% previous
•US Core PPI (YoY) (Oct): 5.0%, 5.0% forecast, 5.0% previous
•US PPI ex. Food/Energy/Transport (MoM) (Oct): 0.5%, 0.5% previous
•US PPI ex. Food/Energy/Transport (YoY) (Oct): 4.9%, 5.0% previous
•Canada Wholesale Sales (MoM) (Sep): 0.7%, 0.5% forecast, -1.4% previous
•Canada Manufacturing Sales (MoM) (Sep): 0.0%, 0.1% forecast, 1.8% previous
•Canada Capacity Utilization Rate (Sep): 81.5%, 81.9% previous
Looking Ahead Economic Data (GMT)
•18:00 U.S. Baker Hughes Oil Rig Count 463 previous
•18:00 U.S. Baker Hughes Total Rig Count 604 previous
Looking Ahead Events And Other Releases (GMT)
•No Events Ahead
Currency Forecast
EUR/USD : ? ? The euro hovered near 1/1-2 year low as broad-based US dollar strength and deteriorating global risk sentiment continued to weigh on euro. The pair is facing renewed selling pressure amid growing expectations of further Federal Reserve tightening, with investors increasingly favouring the greenback amid uncertainty surrounding the global economic and geopolitical outlook. US producer prices increased further in October, leading to the largest annual gain in four years ?and supporting expectations that the Federal Reserve could continue raising interest rates after next month's widely expected hike.The Producer Price Index for final demand rose 0.3% last month ?after an upwardly revised 1.4% surge in September, the ?Labor Department's Bureau of Labor Statistics said ?on Friday. Immediate resistance can be seen at 1.1168(38.2%fib), an upside break can trigger rise towards 1.1868(SMA 20).On the downside, immediate support is seen at 1.1075(23.6%fib), a break below could take the pair towards 1.1052(Lower BB).
GBP/USD: The pound was unchanged on Friday and set for its biggest weekly drop since September, as rising ?US yields and hawkish comments from several Federal Reserve officials helped prop up the dollar near 19-month highs.UK economic growth data matched expectations on Thursday and supported the Bank ?of England's decision last week to raise interest rates, with ?the markets currently assigning a roughly 85% chance of another rate hike in December. UK economic growth data matched expectations on Thursday and supported the Bank ?of England's decision last week to raise interest rates, with ?the markets currently assigning a roughly 85% chance of another rate hike in December. Sterling was up 0.05% at $1.323 and on track for its fourth successive negative session against the dollar. Immediate resistance can be seen at 1.3355(38.2%fib), an upside break can trigger rise towards 1.3371(SMA 20).On the downside, immediate support is seen at 1.3239(38.2%fib), a break below could take the pair towards 1.3202(Lower BB).
AUD/USD: The Australian dollar weakened on Friday as the US dollar remained supported by growing expectations of further Federal Reserve tightening amid concerns over the deteriorating US inflation outlook. Persistent price pressures have prompted Fed officials to consider additional interest rate increases, boosting the greenback and weighing on risk-sensitive currencies such as the Aussie.Meanwhile, Reserve Bank of Australia board member Marnie Baker cancelled a scheduled public appearance on Thursday due to unforeseen family circumstances. Markets are increasingly pricing in an extended RBA pause, with the central bank expected to leave its cash rate unchanged at least until its June 22, 2027 policy meeting. Immediate resistance can be seen at 0.6860(Daily high), an upside break can trigger rise towards 0.6914(38.2%fib).On the downside, immediate support is seen at 0.6789(23.6% fib), a break below could take the pair towards 0.6755(Jan 22nd low)
USD /JPY : The US dollar steadied against the Japanese yen on Friday, with expectations of a larger Federal Reserve rate hike lifting Treasury yields and pushing the yen back towards the key 160-per-dollar level, raising the risk of currency intervention.US Treasury yields climbed after President Donald Trump said Washington did not need a deal with Iran, fuelling concerns over Middle East oil supplies, pushing crude prices higher and adding to inflationary pressures. Persistent US inflation concerns have further strengthened expectations of a potentially larger-than-usual Fed rate hike next month.Meanwhile, Japanese Finance Minister Satsuki Katayama warned that authorities would respond appropriately to excessive currency volatility after the yen briefly touched the 160-per-dollar threshold on Thursday, keeping traders alert for possible intervention.. Immediate resistance can be seen at 158.72(38.2%fib), an upside break can trigger rise towards 159.64(Higher BB).On the downside, immediate support is seen at 157.86(50% fib) a break below could take the pair towards 156.66(61.8% fib).
Equities Recap
European stocks edged lower on Friday but remained on track for weekly gains, as investors largely shrugged off reports involving Nvidia's CEO and an alleged Chinese spy.
UK's benchmark FTSE 100 was up by 0.10 percent, Germany's Dax dipped by 0.14 percent, France’s CAC finished the day up by 0.08 percent
Commodities Recap
Oil prices were mixed on Friday and remained on track for a second consecutive weekly decline, as easing concerns over a renewed direct conflict with Iran reduced supply fears.
Brent futures rose 39 cents, or 0.4%, to $96.21 a barrel at 1200 GMT. US West Texas Intermediate (WTI) futures were down 12 cents, or 0.1%, to $88.62 a barrel.
Gold prices edged higher on Friday following a sharp selloff in the previous session but remained headed for a weekly decline. Investors stayed cautious ahead of key US inflation data, which could influence expectations for further Federal Reserve rate hikes and the outlook for bullion.
Spot gold rose 0.5% to $3,894.52 per ounce by 1209 ?GMT after losing nearly 4% so far this week. US gold futures for ?December delivery was up 0.4% at $3,898.70 per ounce.