Posted at 14 November 2026 / Categories Market Roundups
Market Roundup
• 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)
•No data Ahead
Looking Ahead Events And Other Releases (GMT)
•No Events Ahead
Currency Forecast
EUR/USD : ? ? The euro dipped on Friday as rising bets on a larger Federal Reserve rate hike lifted US dollar. 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 dipped on Friday as the US dollar strengthened amid rising expectations that the Federal Reserve could deliver a larger-than-expected 50-basis-point rate hike next month. US inflation data showed food and accommodation costs rising for a third consecutive month, while hawkish Fed comments reinforced expectations of further monetary tightening. Investors now see a 12% chance of a jumbo 50 bp Fed hike in December, up from zero a week ago, according to the CME FedWatch tool. The domestic economic calendar is busy next week, with key inflation data and employment figures due.Following the BoE's rate hike earlier this month, markets are pricing in an over 82% probability of another 25-basis-point increase next month. Immediate resistance can be seen at 1.3270(38.2%fib), an upside break can trigger rise towards 1.3359(SMA 20).On the downside, immediate support is seen at 1.3190(Lower BB), a break below could take the pair towards 1.314`(23.6%fib).
USD/CAD: The Canadian dollar weakened on Wednesday as the US dollar extended its gains following hotter-than-expected US inflation data, which strengthened expectations of another Federal Reserve rate hike next month. Hawkish comments from Fed officials further reinforced the outlook for tighter monetary policy. According to CME FedWatch, traders are pricing in an almost certain December rate increase, with an 11% probability of a larger 50-basis-point hike. Meanwhile, oil prices advanced after Iran's security chief ruled out allowing enriched nuclear material to leave the country, raising concerns over geopolitical tensions and potential supply disruptions. Brent futures climbed $1.27, or 1.39%, to settle at $92.76, while US West Texas Intermediate crude gained 49 cents, or 0.57%, to $86.53. Immediate resistance can be seen at 1.4294(23.6%fib), an upside break can trigger rise towards 1.4308(Higher BB).On the downside, immediate support is seen at 1.4180(38.2%fib), a break below could take the pair towards 1.4096 (38.2%fib).
USD /JPY : The US dollar dipped against the Japanese yen on Friday as yen firmed on concerns about possible intervention by Japan. 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 interventionKatayama's remarks ?followed a similar warning on Thursday from top currency diplomat Atsushi Mimura, who said it was "too early to forget" this summer's intervention. They also came as markets increasingly expect the Bank of Japan to raise ?rates next month, with policymakers sounding more alarmed about inflation and the cost of imports caused by the yen's weakness. The yen's persistent weakness has become a political and economic headache for Prime Minister Sanae Takaichi's administration, lifting the cost of imported fuel and other commodities and squeezing households already struggling with higher ?prices. Immediate resistance can be seen at 158.72(38.2%fib), an upside break can trigger rise towards 160.00(Psychological level).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 shares were little changed on Friday but posted their strongest weekly gain since late June, as robust corporate earnings and a global rotation out of technology stocks helped investors shrug off geopolitical risks and AI-related market volatility.
UK's benchmark FTSE 100 closed up by 0.36 percent, Germany's Dax ended down by 0.08 percent, France’s CAC finished the day up by 0.09 percent.
The S&P 500 and Nasdaq closed lower on Friday as Nvidia-related concerns weighed on technology stocks, while US inflation data did little to ease expectations of further Federal Reserve rate hikes.
Dow Jones closed up by 0.10 percent, S&P 500 ended down by 0.40 percent, Nasdaq finished the day down by 0.91percent.
Commodities Recap
Gold edged higher on Friday as largely in-line US inflation data eased expectations of a larger Fed rate hike. However, Thursday’s sharp selloff to a more-than-one-year low kept bullion on track for a weekly loss.
Spot gold ticked ?up 0.1% at $3,879.71 per ounce as of 2:05 p.m. ET (1905 GMT), after ?briefly touching a session high of $3,922.97 when the US Producer Price Index ?data came out. US gold futures for December delivery settled largely unchanged at $3,886.30 per ?ounce.
Oil weakened on Friday, set for a ?second straight weekly decline, as the market weighed signs of a growing global supply surplus and Washington's focus on blockading Iran while ramping up other economic pressures in the nine-month war.
Brent futures settled at $95.84 a barrel, up 2 cents, or 0.02%. US West Texas Intermediate futures finished at $88.56 a barrel, down 18 cents, or 0.20%.