Wednesday, 28 October 2026
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Deutsche Bank anticipates around 25–30 policy measures in the Autumn Budget, with modest consolidation and backloaded tax increases. A higher bank surcharge, online marketplace VAT collection and dividend tax hikes are …
James Smith at ING highlights that UK inflation pressures remain concentrated in energy, with food and services inflation surprisingly subdued. Headline inflation printed 3.5% in September and is expected to peak near 4…
France’s ballooning debt, coupled with social unrest getting out of control, is posing a perfect storm in the bond market, and boosting the yield of the 10-year Obligation Assimilable du Trésor (OAT) to levels above 5% …
Antje Praefcke at Commerzbank highlights that political and rating risks in France, plus cautious European Central Bank (ECB) expectations, weigh on the Euro (EUR) but are largely priced in. Markets now see an ECB hike …
Brown Brothers Harriman’s Elias Haddad notes United Kingdom (UK) September Consumer Price Index (CPI) surprised to the upside, pushing British Pound (GBP) higher against both the Dollar and Euro. Haddad sees a 25 bps Ba…
USD/CHF gains ground after posting losses the previous day, trading around 0.8260 during Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) receives support safe-haven demand amid rising oil prices he…
Silver (XAG/USD) slides below mid-$57.00s during the Asian session on Wednesday, retreating further from the weekly top, around the $58.60 area, touched the previous day. The white metal, however, remains confined in a …
Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Wednesday that underlying inflation is almost at the 2% target, adding that financial conditions still accommodative.
The United Kingdom (UK) headline Consumer Price Index (CPI) climbed 3.5% over the year in September, compared to a rise of 3.1% in August, the data released by the Office for National Statistics (ONS) showed on Wednesda…
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching higher after posting modest gains in the previous day and trading near 101.80 during the Asian hours on…
The AUD/USD pair trades with a positive bias for the fourth straight day, holding steady above the 0.7000 psychological mark during the Asian session on Wednesday and flirting with the monthly high it touched the previo…
The Indian Rupee (INR) opens sharply higher against the US Dollar (USD) on Wednesday after a holiday the previous day. The USD/INR pair posts a fresh six-week low near 96.40 amid continued underperformance of the US Dol…
Japanese Finance Minister (FM) Satsuki Katayama said on Wednesday that the government is coordinating closely with the Bank of Japan (BoJ) and there is no major divergence on inflation outlook and policy.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh buyers during the Asian session on Wednesday, though it struggles to capitalize on the momentum beyond the $99.00 mark. The commodity rem…
West Texas Intermediate (WTI) oil price appreciates after two days of losses, trading around $98.60 during Asian hours on Wednesday. Crude oil prices gained ground as traders assessed mixed reports regarding diplomatic …
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said on Wednesday that he’s still finalizing forecasts and is uncertain about board decisions. Hauser added that the inflation outlook appears worse than for…
The EUR/USD pair loses ground to near 1.1225 during the early Asian trading hours on Wednesday. The Euro (EUR) softens against the US Dollar (USD) as French protests and fiscal strains keep traders cautious. European Ce…
Royal Bank of Canada’s (RBC) Claire Fan highlights that the Q3 Canadian Business Outlook Survey underscores a difficult growth-inflation trade-off for the Bank of Canada (BoC) ahead of its next decision. While firm cond…
Cheaper Crude Oil and a weaker Dollar elsewhere did little for the Yen on Tuesday, and USD/JPY ended about where it has ended most of October. It fell from about 158.50 to the session low and recovered about half of tha…
Megan Greene, a member of the Bank of England's (BoE) Monetary Policy Committee (MPC), said on Tuesday that she is concerned “over [the] BoE estimate of target-consistent pay growth,” and added that more wage disinflati…
Gold (XAU/USD) drifts lower on Tuesday even as US Treasury yields dive and the US Dollar weakens, with a light US economic docket mostly ignored by investors ahead of Federal Reserve’s (Fed) meeting next week. At the ti…
MUFG’s Michael Wan reports Indonesia has pledged new equity-market reforms to restore investor confidence, including excluding tightly owned stocks from the Jakarta Composite Index and disclosing affiliations of 1%+ sha…
MUFG’s Michael Wan notes China’s Q3 GDP growth firmed to 4.5% year-on-year, slightly above consensus, with September industrial production accelerating and fixed asset investment contractions narrowing. He highlights th…
Reports that Washington and Tehran have both given preliminary approval to a Qatar and Pakistan compromise have pushed the Dollar Index to its lowest since October 1. It fell from near 101.75 to about 101.65 on the firs…
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