Monthly Archives: October 2026
WTI hits 22-week high as Houthi attacks raise supply fears and Hormuz risks intensify

Written on October 26, 2026 at 2:38 am, by josephine
WTI hits 22-week high above $102 after Houthi attacks, Hormuz shipping strike, and supply fears.
US oil rig count edges up to 460, reinforcing capital discipline and range-bound crude outlook

Written on October 26, 2026 at 2:37 am, by josephine
Baker Hughes reports US oil rig count rises to 460, signaling steady drilling, disciplined spending, range-bound crude.
CBRT cuts rates again as it flags economic weakness, fuelling lira slide and USD/TRY upside

Written on October 26, 2026 at 2:36 am, by josephine
CBRT cut rates 100bp to 36%, signaling easing despite oil-driven inflation risks; traders eye weakening lira.
Sterling slips as US data and Middle East tensions bolster Dollar despite upbeat UK PMI

Written on October 26, 2026 at 1:45 am, by josephine
Sterling slips as dollar firms; UK PMI beats, yet 1.3400 resistance and BoE uncertainty pressure GBP/USD.
S&P 500 Elliott wave count shifts to ending diagonal as traders watch 7507 support

Written on October 26, 2026 at 1:44 am, by josephine
Elliott Wave shifts to ending-diagonal; expect W-b dip to 7590–7635, then W-c rally toward 8000–8125.
Sterling Slips as Firm US Data and Hormuz Risks Lift Dollar; GBP/USD Holds Below 1.3400

Written on October 26, 2026 at 1:43 am, by josephine
Sterling slips as US data lifts dollar; geopolitics, Fed and key 1.3400/1.3266 levels guide.
USD/CHF Rebounds as Treasury Yields Firm, Fed-SNB Rate Gap Boosts Dollar Demand

Written on October 26, 2026 at 1:41 am, by josephine
USD/CHF rebounded to 0.8250 as yields firmed, dollar strengthened; traders eye Fed-SNB differential and carry opportunities.
Bank Forecast Sees Bank of Canada Holding at 2.25% in October, Hikes Later

Written on October 26, 2026 at 1:41 am, by josephine
Bank expects Bank of Canada to hold at 2.25% in October, with hikes December, January later.
Canadian bank economists see Bank of Canada weighing 25bp hike as soon as this week

Written on October 26, 2026 at 1:40 am, by josephine
Economists see Bank of Canada hiking 25 bps Wednesday, or later, as slack tempers inflation, risking slower growth.
US midterms loom as tail risks threaten dollar, Treasury yields and gold near key technical levels

Written on October 26, 2026 at 1:39 am, by josephine
US midterms could reprice dollar, yields and gold; Democratic sweep favored, Republican sweep tail risk.