What every headline means for your market
Market headlines straight from their sources, sorted by market, each with the live state of the instruments it affects.
India’s RBI Steps Up Overseas Investment Checks as Rupee Slides
India’s central bank is reportedly tightening scrutiny of large overseas investments by domestic companies as it seeks to contain capital outflows amid pressure on the rupee.
Kelly Clarkson’s expensive purchases: A multi-million dollar real-estate portfolio…
From a sprawling waterfront mansion in Tennessee and a lavish California estate to a cozy Montana ranch, Kelly Clarkson is no stranger to expensive purchases.
Don Wilson on the GPU Market’s Trillion Dollar Question
When we spoke to Don Wilson, founder and CEO of DRW, in Chicago last year, he told us he wanted to build a market for GPUs that would eventually be bigger than oil. A year’s time in the age of AI is an eternity, and so for the first episode of this year’s Chicago live show - recorded at City Winery - Wilson joins us on stage again to talk about what’s changed and what hasn’t in his quest to help build this market. We get his take on the recent tech selloff, including credit concerns around neocl
Magyar to Unveil Budget as Bullish Traders Eye Hungary Euro Plan
Hungarian Prime Minister Peter Magyar is set to unveil his 2027 budget on Monday, with expectations running high in the market that he can show a path to steer the country toward the euro area.
Japan PM Takaichi Denies She’s Driving Weak Yen, High Rates
Japanese Prime Minister Sanae Takaichi strongly denied the notion that she’s responsible for a weak yen and high interest rates.
Canada: Energy-driven resilience with limited core pass-through – RBC
Royal Bank of Canada (RBC) strategis Claire Fan and Abbey Xu expect Canada’s headline Consumer Price Index to remain at 3% year-over-year in September, supported by higher gasoline and furnace Oil prices.
Taiwan Dollar: Foreign outflows pressure currency – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlight that Taiwan Dollar (TWD) has extended losses on heavy foreign equity outflows, partly retracing into the Asian close amid talk of CBC leaning against depreciation.
Bank of Korea: Policy patience case – Standard Chartered
Standard Chartered’s Chong Hoon Park expects the Bank of Korea to keep its base rate at 3.00% through October and November, despite a less favourable inflation-growth mix.
EUR/USD Price Forecast: Recovery remains fragile below key moving averages
EUR/USD struggles to extend its gains on Friday as the US Dollar (USD) steadies after coming under heavy pressure on Thursday. At the time of writing, the pair trades around 1.1230, below an intraday high of 1.1269, but remains on track for its first weekly gain in six weeks.
Australian Dollar pares gains as US Dollar steadies, RBA hike bets ease
AUD/USD trims some of its earlier gains on Friday as hawkish Federal Reserve (Fed) expectations cushion the downside in the US Dollar (USD) and US Treasury yields following the previous day’s pullback.
British Pound: Weekly outside reversal eyes 1.3650 against US Dollar – Scotiabank
Scotiabank analysts highlight that Bank of England Governor Bailey sees little evidence of second-round inflation effects and a more resilient UK economy, with markets still pricing a 25bp hike next month.
Canadian Dollar: Inflation risks and BoC stance – TD Securities
TD Securities’ economist Robert Both expects Canadian CPI to rise to 3.2% year-on-year in September, driven mainly by higher Energy and Gasoline prices, while core measures such as CPI-trim and median remain near 1.9%. The subdued core profile should limit Bank of Canada reaction, even as new inflation forecasts in the October MPR are upgraded for headline CPI.
Dollar Index slips as Fed Chair Warsh won't prejudge October
Fed Chair Warsh's last word before the quiet period was that he doesn't prejudge meetings, and the Dollar Index is lower on it, though the drop stalled near 101.60 twice. It fell from just above 102.00 to about 101.85 in one five-minute bar as he spoke, then slid to its lowest since October 1.
Dollar Heads for Worst Week in Over a Month as Warsh Stays Quiet
The dollar’s monthlong rally ran out of steam this week after remarks from Federal Reserve Chairman Kevin Warsh failed to give the currency a lift.
Mexican Peso sinks as US-Mexico trade talks stall
The Mexican Peso (MXN) losses ground against the Greenback on Friday amid broader US Dollar (USD) weakness, as Mexico’s economic docket is absent, leaving traders leaning into US dynamics. At the time of writing, USD/MXN trades at 18.49, up 0.47%, on track for the sixth consecutive weekly gain.
British Pound breaks 1.3350 as Warsh stays vague, BoE hike bets build
The Pound Sterling (GBP) advances against the US Dollar (USD) on Friday after Federal Reserve (Fed) Chair Kevin Warsh didn’t provide forward guidance on interest rates, while expectations that the Bank of England (BoE) would hike rates in November supported GBP/USD, pushing it above 1.3350 and regis
Swedish Krona: Forecasts turned cautious – Nordea
Nordea strategists concede their long‑standing positive view on the Swedish Krona (SEK) has not materialized and now adopt an agnostic stance. SEK has been hurt by Middle East‑related risk‑off flows, US tech outperformance, Riksbank policy lagging the ECB, and the "Scandie trade" favouring NOK. They say SEK strength requires lower Oil prices, easing inflation and lower global short rates.