Market News

It is CPI day, and traders are waiting for the next shove.

In the morning video above, I take a look at EURUSD, USDJPY and GBPUSD from a technical perspective, outlining the bias, risk-defining levels and targets ahead of the 8:30 AM ET inflation report. With the currency ranges still relatively contained, there is room for the data to get prices moving.

The US dollar is mixed ahead of the release. Treasury yields are modestly lower, while US stock futures show gains for the Dow and S&P 500 but a decline for the Nasdaq 100. Crude oil is moving higher toward $96, keeping energy costs firmly in the inflation discussion.

US CPI: Will core inflation stay contained?

The September CPI report will be released today at 8:30 AM ET. Expectations…

It is CPI day, and traders are waiting for the next shove.

In the morning video above, I take a look at EURUSD, USDJPY and GBPUSD from a technical perspective, outlining the bias, risk-defining levels and targets ahead of the 8:30 AM ET inflation report. With the currency ranges still relatively contained, there is room for the data to get prices moving.

The US dollar is mixed ahead of the release. Treasury yields are modestly lower, while US stock futures show gains for the Dow and S&P 500 but a decline for the Nasdaq 100. Crude oil is moving higher toward $96, keeping energy costs firmly in the inflation discussion.

US CPI: Will core inflation stay contained?

The September CPI report will be released today at 8:30 AM ET. Expectations…

Headlines:

• Bitcoin consolidates in a tight range ahead of the US CPI. What to watch next?
• Nasdaq analysis today as price is dancing around yesterday's close (but probably not for long)
• Crude oil extends gains as Houthi attacks on Saudi Arabia escalate, raising supply disruption risks
• China's September lending surprise masks a much deeper slump in credit demand
• Ethereum remains under pressure amid intensifying geopolitical and macro risks. What's next?
• Today's oil price analysis shows early signs that bulls are losing steam
• Connecting the dots: Why strong US bank earnings don't always mean a healthy economy
• Gold gets hit again by a jump in oil prices as the focus turns to US CPI. What to watch?
• European stock market open: Stocks advance as…

Bitcoin’s upside has been limited by increasingly deteriorating macro conditions as oil prices continue to rise amid escalating tensions in the Middle East.

The Houthis have intensified attacks against Saudi Arabia, including a reported strike on an administrative building at Saudi Aramco's Dhahran compound. The “energy ceasefire” between Russia and Ukraine failed to materialise and the US-Iran negotiations remain at a stalemate.

Without some easing in those factors, the crypto market might remain under pressure as elevated yields and oil prices will likely continue to weigh on the risk sentiment.

Today, all eyes will be on the US CPI report. Traders will mainly look at…

Nasdaq futures outlook today: Is the market building a bottom, or preparing for another leg lower?

October 14, 2026 | Nasdaq-100 E-mini futures (December 2026 contract, NQ) | US premarket analysis

Nasdaq futures are showing signs of stabilization following a sharp selloff, but the evidence is not yet sufficient to declare a durable market bottom.Buyers have defended the 30,705 area, while sellers have prevented a sustained recovery above approximately 30,890. For traders and investors, these two developments define an important test of whether the Nasdaq can recover or remains vulnerable to another decline.

The current technical outlook is moderately bearish, with meaningful evidence of buyers attempting to regain control.

Escalating Middle…

Oil prices remain supported by escalating tensions in the Middle East. The Houthis have intensified attacks against Saudi Arabia, including a reported strike on an administrative building at Saudi Aramco's Dhahran compound.

Although the incident did not confirm any direct loss of oil production, the risk of attacks spreading to energy infrastructure, pipelines or export terminals is increasing the risk premium. Any confirmed disruption to Saudi oil flows would add further upward pressure to oil prices.

Looking ahead, the focus will remain on the Middle East developments. A breakthrough in US-Iran negotiations will trigger a strong selloff in crude oil on improved…

IC – Europe Fundamental Forecast | 14 October 2026

What happened in the Asia session?

The U.S. dollar weakened during Tuesday’s session as Treasury yields eased ahead of today’s CPI inflation report. U.S. stocks closed slightly lower amid mixed bank earnings and continued weakness in semiconductor shares. Meanwhile, crude oil prices rose on Middle East supply concerns, while gold remained under pressure from interest-rate uncertainty.

What does it mean for the European & US sessions?

Today’s main market catalyst is the U.S. CPI report, with headline inflation expected at 3.6% year-on-year and core CPI at 2.5%. The U.S. dollar has pulled back from its recent highs as markets await the inflation figures. A hotter-than-expected report could…

China's new bank loans climbed to ¥1.08 trillion in September, beating market expectations of ¥975 billion. At first glance, that seems like a welcome improvement especially after the rather dismal lending figures we've seen over the past few months. That being said, lending is still down roughly 16% compared to September last year. And adding to that, the year-on-date snapshot isn't pretty either.

In looking at the first nine months of 2026, Chinese banks have now extended ¥11.52 trillion in new loans during this period. That falls short when viewed in comparison to the ¥14.75 trillion over the same period last year. In short, we're looking at a rather substantial 22% decline in new lending this year.

I would argue that the figures above…

Ethereum's fundamental outlook remains mixed, with protocol development and institutional accumulation providing support, while the macro environment remains a headwind. US spot Ethereum ETFs have recently recorded substantial outflows amid deteriorating risk sentiment.

In the near term, the geopolitical and macroeconomic picture are likely to matter more for price action than Ethereum’s protocol upgrade alone. Rising oil prices, persistent inflation concerns, higher Treasury yields and hawkish Fed expectations continue to put pressure on the crypto market, so traders will need to see some easing in those concerns to start positioning for new highs.

The negotiations…

●         Asian Stock Markets : Nikkei up 0.76%, Shanghai Composite up 0.01% Hang Seng up 0.05% ASX down 0.60%

●        Commodities : Gold at $4,185.92 (0.21%) Silver at $59.453 (-0.14%), Brent Oil at 106.39 (0.66), WTI Oil at 94.81 (0.67%)

●        Rates : US 10-year yield at 5.205, UK 10-year yield at 5.4526, Germany 10-year yield at 3.4608

●        (USD) Existing Home Sales  3.99M to 3.95M  expected

U.S. stock futures were little changed Tuesday night as investors awaited September’s consumer inflation report. S&P 500 futures slipped 0.03%, while Nasdaq-100 futures fell 0.1%, following a second consecutive session of losses for the major indexes.

Bank of America…