Euro Emerged as the Clearest Casualty of Thursday’s Developments, While Strong US Data and an AI-Driven Technology Sell-Off Barely Moved Rates What’s happening: Euro fell against most major currencies on Thursday as the ECB’s cautious hold at 2.50% and President Christine Lagarde’s announcement of an early departure coincided with declining Eurozone bond yields. EUR/GBP broke
Key points Summary Over the past 12 months Barclays’ Apac FX options business delivered one of its strongest performances, driven by growth in structured options and steady liquidity provision. The rebuilt BARX platform automated workflows, broadened client activity and delivered more consistent pricing and faster execution at scale. Teams used disciplined risk management, dynamic hedging
Prior MoM +0.2% Core PCE +0.3% y/y vs +3.1% expected Prior was 3.0% y/y Headline PCE +3.6% y/y vs +3.6% expected (prior 3.4%) Deflator MoM +0.5% vs +0.5% expected (prior +0.3%) Consumer spending and income for September: Personal income +0.2% vs +0.3% expected. Prior month +0.2% Personal spending +0.5% vs +0.6% expected. Prior month +0.9%
Eurozone economic sentiment deteriorated to a four-month low in October as sentiment weakened across most sectors, monthly survey data from the European Commission revealed Thursday. The economic confidence index dropped to 96.9 in October from revised 97.5 in the previous month. Source link
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
TL;DR: EUR/CAD broke to a 15-month low after the BoC hiked to 2.50% and sharply revised its inflation forecast higher, reinforcing a Canadian Dollar rally that was already underway. With OIS pricing ~52% odds of a December follow-up hike and the cross testing 1.5414 support, a break opens the door toward the psychological 1.5000 level.
2026.10.29 2026.10.29 Short-Term Analysis for Oil, Gold, and EURUSD for 29.10.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold tested resistance A
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
2026.10.29 2026.10.29 The Dollar Faces Shifting Rate Expectations. Forecast as of 29.10.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ If the economy is growing thanks to artificial intelligence, and high interest rates could seriously undermine AI development, why tighten monetary policy? Kevin Warsh has left markets questioning the Fed’s next move. Let’s discuss this topic and make a trading plan
European stocks are seen opening flat to slightly higher on Thursday as investors react to the U.S. Federal Reserve’s widely expected decision to hold rates unchanged and await the outcome of an ECB policy meeting later in the day amid France’s deepening fiscal woes and political gridlock. Source link
US futures tumble as Alphabet earnings revive AI spending fears, Amazon is next in the firing line !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link
TL;DR: Gold traded around $4,040 Thursday, showing little lasting reaction to the Fed’s expected hold at 3.75–4.00%—even after Governor Lisa Cook’s surprise dissent for an immediate hike. With December tightening already 88% priced, today’s US Q3 GDP and PCE inflation data are the next real catalyst for whether $3,975.49 support holds or gives way toward
Indian shares are seen opening a tad higher on Thursday, with firm cues from global markets and easing oil prices likely to underpin sentiment at open. Source link
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
RBNZ’s Breman says chances of a December rate hike are high after surprise hold at 2.75% !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link
The NZX 50 rose 25 points, or 0.2%, to 13,716 in Thursday morning trading, extending a modest gain from the previous session as both the RBNZ and the Federal Reserve kept interest rates on hold. Upside momentum was limited, however, as traders remained cautious in the wake of the RBNZ’s latest decision and growing signals
The South Korea stock market has climbed higher in back-to-back sessions, surging almost 550 points or 10 percent in that span. The KOSPI now sits just above the 6,010-point plateau and it may add to its winnings on Thursday. Source link
