
The sell-off in the AI sector pushed Treasury yields lower and put pressure on the American currency.
September producer prices were expected to increase 0.6% month over month and 5.5% annually, according to the consensus estimate by Dow Jones.
September producer prices were expected to increase 0.6% month-over-month and 5.5% annually, according to the consensus estimate by Dow Jones.
Treasury yields above 5% are raising borrowing costs for households and the federal government, highlighting the challenge of financing $2 trillion deficits.

DXY rebounds from 101.93 as Treasury yields retreat despite hot U.S. CPI, while EUR/USD targets 1.1237 and GBP/USD tests 1.3281 resistance.

Well, today‘s markets certainly aren’t following yesterdays script.

Hot U.S. inflation drives Treasury yields and the dollar higher while pressuring stocks and European currencies, with oil risks adding uncertainty.

The American currency tested yearly highs as traders focused on higher-than-expected inflation data.
The consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast.
The consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast.

Goldman beat estimates; JPMorgan and Wells Fargo stumbled. September US CPI could test crowded USD positioning and the Feds hawkish repricing.

DXY slips below its rising trendline ahead of U.S. CPI, while EUR/USD eyes a breakout above 1.1233 and GBP/USD targets 1.3284 amid Fed and BoE policy uncertainty.
The Philippine central bank is running policy scenarios for a severe El Niño on top of the oil shock, with inflation at a three-year high.

Energy has offered a little bit of relief in the early part of the session, but we have seen it turn around during New York trading.

The American currency pulled back as traders took some profits off the table near yearly highs.

The divergence between gold and the dollar is real, and its the same one that preceded the September slide.

DXY holds above 102.10 ahead of U.S. CPI as EUR/USD struggles below 1.1218 and GBP/USD eyes a triangle breakout near 1.3284 amid Fed policy uncertainty.

South Koreas KOSPI plunges on chip selloff as big banks open earnings season, with US CPI due tomorrow.
The IMF says risks in the government bond market have worsened and that yields could jump sharply and disorderly.
The IMF raised its 2026 global growth forecast to 3.1%, warning that resilience is tested by energy constraints and looming fiscal risks.