Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
United States Kansas Fed Manufacturing Activity up to 20 in September from previous 17
United States Kansas Fed Manufacturing Activity up to 20 in September from previous 17
Fed's Paulson warns more hikes possible as inflation fight hardens
Philadelphia Federal Reserve (Fed) President Anna Paulson crossed the wires on Thursday, signaling that further rate hikes may be needed to lower inflation. She acknowledged that the rate hike in September helped to “move policy to a better inflation-fighting posture.”
United States EIA Natural Gas Storage Change meets forecasts (53B) in September 18
United States EIA Natural Gas Storage Change meets forecasts (53B) in September 18
Australian Dollar remains under pressure despite stronger-than-expected jobs data
AUD/USD trims its losses on Thursday and trades around 0.7030 at the time of writing, down 0.15% on the day.
“You can’t wait too long”: BoE’s Breeden warns on rate hikes amid energy shock
Bank of England (BoE) Deputy Governor Sarah Breeden said on Thursday that it is “not at all obvious” that there is a path toward lower energy prices, according to Reuters.
United States New Home Sales (MoM) came in at 0.684M, above expectations (0.62M) in August
United States New Home Sales (MoM) came in at 0.684M, above expectations (0.62M) in August
United States New Home Sales Change (MoM) climbed from previous -10.5% to 6.4% in August
United States New Home Sales Change (MoM) climbed from previous -10.5% to 6.4% in August
Canada: Revised demographics reshape growth view – RBC
Royal Bank of Canada economist Rachel Battaglia explains that Statistics Canada’s upward revision to population data has erased earlier signs of negative growth and now shows Canada’s population rising 0.5% year-over-year in Q2.
Germany: Cyclical resilience versus structural risks – ING
ING’s Carsten Brzeski highlights that Germany’s IFO index has risen for five consecutive months, pointing to a cyclical rebound and unexpected resilience in the German economy.
Russia Central Bank Reserves $ above expectations ($0B): Actual ($748.2B)
Russia Central Bank Reserves $ above expectations ($0B): Actual ($748.2B)
Belgium Leading Indicator above forecasts (-13.5) in September: Actual (-12.1)
Belgium Leading Indicator above forecasts (-13.5) in September: Actual (-12.1)
Euro: Downside risks for EUR against US Dollar – Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses EUR/USD trading near its yearly lows despite consensus forecasts that had expected the pair around 1.18–1.20 in late 2026.
Swedish Krona: Riksbank hawkish hold backs currency – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad reports the Swedish Krona (SEK) rallied after the Riksbank delivered a hawkish hold, keeping rates unchanged but signaling more tightening ahead.

