
COMING UP: Data: Japanese PPI (Sep), German Final Inflation (Sep), US ADP Employment Change Weekly, Existing Home Sales (Sep). Events: RBA Minutes; OPEC MOMR.
Speakers: US President Trump; BoE’s Greene; ECB’s Elderson, Lane; Fed’s Waller, Barkin, Collins. Supply: Australia, Netherlands, Italy, Germany.
Earnings: UnitedHealth, JPMorgan, Goldman Sachs, Wells Fargo, Citi, Johnson & Johnson.
Newsquawk US Market Wrap – Stocks mixed with tech hit on China memory competition
SNAPSHOT: Equities mixed, Treasuries closed, Crude up, Dollar up, Gold down.

(Right click on any image (or chart) to open a full screen in a new tab)
Market Close: Indices
BAS100 leading, US500 lagging
US500 clinging to a bid above 7800 with 7776 needing to hold to keep the focus on 7800+, below puts 7732 on the radar.
NAS100: More vulnerable with lower highs and dependent on 30567 (on this CFD chart) holding to prevent momentum buiding for a run at 30100-250.

USDJPY DAILY: Bullish signal?
USDJPY on the verge of breaking a 7-day pattern pivoting 158, which under normal circumstances would send a bullish signal for 159.;03 assuming158.50 is firmly broken.
However, these are not normal times given the BoJ intervention threat although a hard sell to traders if the overall USD tone stays firm.
In any case, a break of this pattern would be bullish.

XAUUSD (GOLD) 1 HOUR: Back to 4100-4200?
This scenario posted Friday so far playing out (today’s high 4217 => last 4168.. needs to hold 4168 to keep focus on 4200 or upside risk cools)
Market trading like the low is in (at least for now) but to build momentum for a run at 4315, , 4227 needs to be firmly broken.
If not, upside cools and 4100-4200 becomes the range.

Market Update: Sparring Match
It feels like a sparring match in holiday thinned trading ahead of key events this week, highlighted by Wed’s release of US CPI.
EURUSD unable to shake a focus from 1.12 (currently trading softer back below). Day range so far: 1.1183-1.1217
US stock market bulls are hoping earnings season, starting with big banks reporting on Tues and Wed, will lift to new highs. US500 came close but paused today below its 7845 record high.
Crude oil is back to about unchanged after initially opening lower.

In our blog
NewsquawkWeek in Focus 12-16th October 2026: US CPI, US Retail Sales, Start of Q3 Earnings, China CPI, UK jobs, RBA Minutes and Aussie jobs

Newsquawk US Market Wrap – Stocks ends the week on the front foot as risk events await
SNAPSHOT: Equities up, Treasuries flatten, Crude up, Dollar up, Gold up.

(Right click on any image (or chart) to open a full screen in a new tab)
Market Update: Indices
US500 break of 7808 (high 7820) breaks down momentum but to make a run at the 7845 record high, 7800-08 needs to become support to keep a bid. Otherwise, a lower high (7833) will still be on the chart.
NAS100 not confirming with 31145 needing to be taken out for a break of down momentum. Otherwise, set of lower hiohs bstays on the chart. In any case, NAS’ history of short-lived retracements followed by new highs will be put to the test.


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