The U.S. Dollar value edged higher on Friday as crude oil prices continued to surge for the second day supported by concerns of a potential U.S.-Iran war. Oil-driven inflation worries have led to expectations of an interest rate hike in the U.S. Source link
The major U.S. stock indices closed lower on Friday, with the Dow industrial average leading the declines. The Nasdaq 100 came within a little more than one point of unchanged, but the performance underneath the surface was less encouraging. Only six of the 30 Dow stocks advanced in the supplied breadth snapshot. Within the Nasdaq
‘, 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;”;
The Canadian stock market’s benchmark S&P/TSX Composite Index remains firmly down in negative territory Friday afternoon despite regaining a significant portion of the ground it lost in early trades. Concerns about inflation and prospects of interest rate hikes amid elevated oil prices following the latest Houthi attacks on Saudi targets weigh on sentiment. Source link
Earnings macro week ahead: The Fed and Big Tech report on the same day !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link
The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by far less than previously estimated in the month of October. The report said the University of Michigan’s consumer sentiment index for October was upwardly revised to 48.0 from a preliminary reading of 46.3. Source link
AUDUSD recovery runs into the 100-day moving average. What next? !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link
The Global Technology Selloff Showed Signs of Easing on Friday, but Oil and French Sovereign Risks Remain Unresolved Today’s themes: Tech selloff eases: Asian equities recovered from early losses, with KOSPI closing 0.3% higher and the Hang Seng up around 0.7%, while the US 10-year yield rebounded toward 5%. Brent nears $115: Oil hit its
2026.10.23 2026.10.23 XAUUSD: Elliott Wave Analysis and Forecast for 23.10.26–30.10.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 4,692.78 with a target of 3,593.00–3,127.70. A sell signal: the price holds below 4,692.78. Stop Loss: above 4,760.00, Take Profit: 3,593.00–3,127.70. Alternative scenario: Breakout
India’s foreign exchange reserves have edged lower, easing from recent record levels. According to the latest data updated on 23 October 2026, the country’s FX reserves in US dollar terms declined to $721.02 billion, down from a previous reading of $726.03 billion. The modest decrease suggests a slight drawdown of reserves, which may reflect routine
The Fed and ECB are likely to hold rates steady in October, while keeping December hikes on the table. Persistent inflation and resilient growth support further monetary tightening. French bond market tensions could constrain the ECB’s room to raise rates. Lower energy prices and tighter financing conditions could reduce the need for additional hikes next
Macro pulse: Europe’s economy is losing steam but inflation won’t let up !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link
What the data reveals about the tech sell-off It was not a comfortable week to own anything with a data centre in its business plan, with the Nasdaq falling 2.6% on 22 October and taking its loss for the month to 3.2%, while the S&P 500 – which, lest anyone forget, contains rather a lot
Asian stocks ended mixed on Friday due to concerns over technology valuations and escalating Houthi attacks in Saudi Arabia. Source link
India’s manufacturing sector expanded at a slightly softer pace in October, with the HSBC India Manufacturing PMI edging down to 54.9 from 55.1 in September 2026. Despite the marginal decline, the index remains comfortably above the 50-point threshold that separates expansion from contraction, signaling continued growth in factory activity. The latest reading, updated on 23
2026.10.23 2026.10.23 US Dollar and Euro Locked in a Standoff. Forecast as of 23.10.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Both currencies in the major pair are facing challenges. The US dollar is under pressure from falling Treasury yields and a potential economic slowdown. The euro is struggling amid the crisis in France and high oil prices. Let’s discuss
TL;DR: Gold briefly traded below $4,000 even as the US 10-year yield fell ~17bps to 4.96% on a tech-led equity selloff—a breakdown in the usual rate relationship that points to liquidity and positioning pressures, and possibly forced liquidation. The break below 4,066.21 support puts the 3,942–3,924 zone in immediate focus, with a deeper risk toward
