Thursday, 22 October 2026
Global markets, trading & world business — for professional traders
USD/CAD loses nearly 0.30% on Thursday as falling US Treasury yields weigh on the US Dollar (USD). Concerns over debt-funded AI investments drive investors away from equities and into government bonds.
An artificial intelligence (AI) stock rout has pushed money into Treasuries, and the Dollar Index gave back its gain on Wednesday's Consumer Price Index (CPI) print. It dropped from Wednesday's high just under 103.00, i…
Gold price climbs after another US inflation report on Thursday. Although the snapshot of US wholesale inflation came in hotter than expected, it was already priced in by investors, who trimmed their hawkish bets on the…
Commerzbank analysts discuss Vietnam’s progress toward a US trade deal, which officials say is essentially complete and could be signed soon. The agreement aims to address tariffs, transshipment and regulatory standards…
Christopher Wong at OCBC Bank highlights that Monetary Authority of Singapore (MAS) kept its appreciating S$NEER policy stance unchanged after two prior tightening rounds, with output gaps and inflation forecasts sugges…
The US Dollar (USD) has come under strong and renewed downside pressure on Thursday, briefly revisiting the area of multi-day lows amid the equally marked decline in US Treasury yields across the board and a generalised…
Producer inflation in the United States (US), as measured by the change in the Producer Price Index, climbed to 6.3% in September from 5.6% in August. This print surpassed the market expectation of 5.3% by a wide margin.
Commerzbank’s Dr. Henry Hao highlights a sharp acceleration in China’s September exports and a record trade surplus with both the US and EU. Producer prices rose faster than expected, driven by Oil and AI-related costs,…
ING’s team sees the Forint supported by fiscal consolidation expectations and steps toward Euro adoption, but warns that global factors such as higher energy prices, a strong US Dollar and eurozone bond market stress co…
Gold (XAU/USD) attracts fresh buying on Thursday as weakness across global equities, driven by mounting concerns over AI-related investments, triggers a sharp pullback in US Treasury yields and drags the US Dollar (USD)…
Dow Jones futures rise by 0.46% to trade near 52,090 during European hours on Thursday. S&P 500 futures decline 0.33% to trade around 7,740, while Nasdaq 100 futures fall by 1.30% to near 29,780.
EUR/CAD halts its three-day losing streak, trading around 1.5930 during European hours on Thursday. However, the currency cross may further face challenges as the Euro (EUR) could weaken amid French debt concerns.
Bank of England (BoE) Deputy Governor for Financial Stability Sarah Breeden said at the sidelines of the International Finance Annual membership meeting that the pass-on of energy price shock to wages seems unlikely, am…
OCBC’s Sim Moh Siong and Christopher Wong note that hotter US CPI has revived Federal Reserve tightening fears, but the US Dollar’s rally has been constrained by reversing Treasury yields and AI-led equity weakness. The…
ING’s Warren Patterson highlights that European natural gas (TTF) prices have reached their highest level since December 2022 as Persian Gulf LNG flows remain down about 80% year-on-year. He expects Asia and Europe to k…
The US Dollar (USD) trades lower against the Japanese Yen (JPY) on Thursday as US Treasury yields extend their reversal from multi-decade highs after the Federal Reserve (Fed) cooled hopes of back-to-back interest rate …
ING’s Frantisek Taborsky highlights slightly higher final Polish inflation and unchanged core forecasts, with most Monetary Policy Committee members signalling that December is the earliest for rate-hike discussions. He…
Gold (XAU/USD) maintains its intraday bullish tone through the first half of the European session on Thursday, looking to build on the momentum further beyond $4,150 amid a broadly weaker US Dollar (USD). The initial ag…
Bank of Japan Board Member Junko Koeda said on Thursday that attention focused on price upside risks from Japanese Yen (JPY) depreciation, robust global AI demand, and the Middle East situation impact. Koeda added that …
The AUD/USD pair attracts some selling in reaction to the disappointing Australian jobs data, dropping to a one-week low, below mid-0.6900s, during the Asian session on Thursday. However, a broadly weaker US Dollar (USD…
The USD/JPY pair extends the previous day's rejection slide from the 159.00 neighborhood, or a three-week top, attracting some follow-through selling during the Asian session on Thursday. The downward trajectory drags s…
Yemen's Houthis vowed on Wednesday to continue targeting airports and oil facilities in Saudi Arabia. The threat came a day after an attack reportedly caused extensive damage to the headquarters of oil giant Saudi Aramc…
EUR/USD loses nearly 0.50% on Wednesday as stronger-than-expected US inflation data reinforce expectations of further Federal Reserve (Fed) rate hikes, lifting the US Dollar (USD) to fresh year-to-date highs above 102.5…
Chicago Federal Reserve (Fed) President Austan Goolsbee said that “CPI data was discouraging,” adding that services inflation in the CPI “was a concern,” in an interview with Yahoo! Finance on Wednesday.