Monthly Archives: October 2026
Canada participation rate slips to 64.8%, fuelling Bank of Canada rate-cut bets and CAD bearishness

Written on October 12, 2026 at 2:38 am, by josephine
Canada participation fell to 64.8% in September, signaling labour weakness, boosting rate-cut odds and pressuring CAD.
Canada Jobless Rate Holds at 6.5% as Steady Labour Market Tempers BoC Cut Bets

Written on October 12, 2026 at 1:45 am, by josephine
Canada’s September unemployment stayed at 6.5%, matching forecasts, easing Bank of Canada cut odds, stabilizing CAD.
Sterling Consolidates Near 1.3237 as Bond Yields Rise and BoE Hike Bets Build

Written on October 12, 2026 at 1:44 am, by josephine
GBP/USD stabilises near 1.3237 as BoE hike odds rise; traders brace for volatility, yields, range-bound strategies.
OpenAI Revenue Estimate Confusion Jolts AI Shares as Capex Burden and Yields Bite

Written on October 12, 2026 at 1:43 am, by josephine
OpenAI revenue estimates diverged, denting AI stocks; high capex, yields and options strategies dominate traders’ focus.
India’s FX Reserves Slide $13bn to $734.6bn as Central Bank Defends Rupee

Written on October 12, 2026 at 1:43 am, by josephine
India’s FX reserves fell $12.95bn to $734.61bn, signaling intervention to defend rupee; traders eye short-vol strategies.
Gold rebounds towards $4,200 as US yields dip, but high rates cap upside

Written on October 12, 2026 at 1:42 am, by josephine
Gold rebounds toward $4,200 as yields fall; range-bound $4,100–$4,200 amid Fed, central-bank demand.
Gold Rallies as Softer Dollar and Lower Yields Lift Demand, Eyes $4,200 Resistance

Written on October 12, 2026 at 1:41 am, by josephine
Gold rebounds on weaker Dollar and lower yields, challenging $4,200 resistance amid oil-driven inflation and Fed tightening.
Portugal Trade Deficit Widens in August, Adding to Pressure on Euro Outlook

Written on October 12, 2026 at 1:40 am, by josephine
Portugal’s trade deficit widened to €9.619bn in August, raising euro pressure and favoring short-EUR derivatives.
Sterling Holds Near 1.3230 as GBP/USD Range Trade Persists Despite Bank of England Hawkishness

Written on October 12, 2026 at 1:40 am, by josephine
GBP/USD holds near 1.3230, range-bound; intraday 1.3215–1.3260, mild downside bias toward 1.3140 support.
Greece HICP inflation accelerates to 5.1% in September, raising Eurozone rate and market jitters

Written on October 12, 2026 at 1:39 am, by josephine
Greece’s harmonised inflation jumped to 5.1%, surprising markets and reshaping euro, bond, and equity trading strategies.