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DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/21/2026 | 101.70 |
| Change that session | 0.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Recent Federal Reserve Messaging Draws Dovish Interpretations
- US Fed likely to hold rates in October , hike by 25 bps by year - end : CareEdge Global
CareEdge Global expects the US Federal Reserve to hold rates steady in October before resuming tightening, with markets pricing in a further 25 bps hike by end-2026 and cumulative tightening of 75 bps by mid-2027. The Fed's outlook has grown increasingly hawkish through 2026, culminating in a 25 bps hike in September amid geopolitical tensions and elevated inflation. CME FedWatch data cited by the agency show a 78.4% probability that the federal funds rate stays at 3.75-4.00% in October, and a 68.1% probability of 4.00-4.25% by December. CareEdge warns that higher rates could intensify US fiscal pressures, with gross interest payments already around 19% of government revenue in 2025. It also flagged investment uncertainty in Mexico over the USMCA review and judicial reforms, and uncertainty over Brazil's presidential race.
- U . S . Inflation Accelerates to 3 . 7 % in September Amid AI and Energy Cost Pressures
U.S. consumer prices in September rose 3.7% from a year earlier, up from 3.4% in August, and climbed 0.6% month over month, the largest monthly jump in five months. Energy was the main driver, with gasoline up more than 9% between August and September to an average of $4.33 per gallon according to AAA, and rising logistics costs pushed companies like PepsiCo to raise prices on Doritos and Ruffles. AI infrastructure spending also lifted electronics costs, with Goldman Sachs estimating AI added about 0.5 percentage points to annual inflation, and Nintendo's Switch 2 and Apple's iPhone 17 became more expensive. Core inflation rose from 2.4% to 2.6%, well above the Fed's 2% target, and although the Fed under Kevin Warsh raised rates to 3.9%, analysts say that tool is weak against supply shocks from oil and gas disruptions tied to the conflict with Iran. An AP-NORC poll found only 17% of Americans approve of the president's handling of the cost of living, and the Fed's October 27-28 meeting is widely expected to keep rates unchanged.
- US inflation heats up as gasoline prices surge in September
The odds of another Fed rate hike jumped after September's hotter CPI report: CME Group's FedWatch Tool put the chance of a hike at the October 27 and 28 meeting at roughly 52 percent, up from about 22 percent before the release. Consumer prices rose 0.6 percent in September and 3.7 percent year over year, accelerating from 3.4 percent in August, with a 9.1 percent jump in gasoline accounting for more than half the monthly increase. Core CPI rose 0.3 percent, above the 0.2 percent Reuters forecast, and was up 2.6 percent over 12 months. LPL Financial's Jeffrey Roach said the last mile back to target could remain bumpy and keep rates elevated, while record diesel prices raise concerns about transport costs reaching supermarket prices.
- US inflation heats up as gasoline prices surge in September
U.S. consumer prices rose 0.6% in September after a 0.4% gain in August, lifting the year-over-year rate to 3.7% from 3.4%, with a 9.1% jump in gasoline prices accounting for more than half of the monthly increase. Core CPI, which excludes food and energy, rose 0.3%, above the 0.2% forecast by economists polled by Reuters, and was up 2.6% from a year earlier. Energy costs were pushed higher by the U.S.-Israeli war with Iran, and diesel prices hit record highs. Financial markets raised the chance of a Fed rate hike at the October 27 and 28 meeting to roughly 52%, from about 22% before the report, after the Fed raised rates 25 basis points in September to a range of 3.75%-4.00%. The Social Security Administration also announced a 3.6% cost-of-living adjustment for 2027.
- Wholesale inflation jumped last month by most in four years
The US producer price index, which tracks wholesale inflation, jumped 6.3% in September from a year earlier, up from 5.6% in August and the largest annual increase since December 2022. Monthly wholesale prices rose 1.3%, the biggest gain since March 2022, driven by gas prices that soared more than 20%. Core prices, excluding food and energy, rose 0.7% from August and 5% from a year earlier, with electricity, vegetables, shipping and airfares also climbing. The data, following a consumer price report that also accelerated, adds pressure on the Federal Reserve to raise rates, though the central bank is expected to hold steady at its meeting in two weeks and economists mostly expect a December hike. Only 17% of US adults approve of Trump's handling of the cost of living, according to an AP-NORC poll.
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Latest news
- Bank Profits Surge
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- World's Largest Gold Fund Dumps Over 10 Tonnes of Gold as Prices Slide
SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.
- Gold Prices Continue to Fall
On the morning of 23/10, domestic gold prices kept falling, with SJC bar prices varying by seller and the premium over world gold widening. Công ty TNHH Vàng bạc đá quý Sài Gòn listed SJC bars at VND 139-142 million per tael (buy-sell), down VND 300,000; Phú Quý was at VND 138-141.8 million, down VND 500,000; and Mi Hồng at VND 140-141.5 million, down VND 800,000. Gold rings also fell by varying amounts, with DOJI at VND 138-142 million and Phú Quý at VND 138-141 million per tael. World gold dropped USD 129 to around USD 3,992 per ounce, equal to about VND 125.3 million per tael, leaving SJC bars about VND 16.7 million per tael above the world price. The State Bank's central rate was set at 25,627 VND/USD, down 5 dong, while Vietcombank quoted 25,660-26,040 VND/USD (buy-sell).
- Company Linked to Billionaire Pham Nhat Vuong Announces Major Good News
VEFAC (ticker VEF), a Vingroup subsidiary, posted Q3 net revenue of nearly VND 77 billion, up 67% year on year, but a gross loss of about VND 27 billion as cost of sales from its exhibition business exceeded revenue. Q3 profit rose mainly thanks to a gross gain of about VND 65 billion from transferring some schools in a project to a partner, while financial income reached over VND 388 billion, mostly from loan and investment income. For the first nine months of 2026, after-tax profit was nearly VND 865 billion, down about 94% from VND 15,418 billion in the same period of 2025, as the prior year included large gains from transferring part of the Vinhomes Global Gate project. As of 30/9/2026, total assets stood at over VND 31,905 billion, up 36% from the start of the year, while total liabilities exceeded VND 24,364 billion, with short-term customer advances rising from VND 411 billion to over VND 8,373 billion.
- Lotte and Phat Dat Officially Break Ground on VND 60,000 Billion Mega Project in Thu Thiem 'Golden Land'
A joint venture between Lotte Group (South Korea) and Phát Đạt (HoSE: PDR) officially broke ground on 23/10 on Lotte Eco Smart City Thu Thiem in the Thu Thiem New Urban Area, HCMC, with total investment of about VND 60,000 billion. The project covers nearly 7.5 ha and will combine Grade A offices, retail, services, accommodation and housing, adjoining the central plaza and central lake of Thu Thiem. Phát Đạt holds 35% of Lotte Properties HCMC, the project developer, and will develop the housing blocks along with two towers (2-1 and 2-3) with about 219,722 m2 of floor area, while Lotte handles block 2-5. Lotte Properties HCMC paid VND 17,569 billion in land-use fees on 31/7/2026, and Phát Đạt completed its VND 7,666 billion payment to take its 35% stake. MB is funding all of Phát Đạt's capital contribution, while VietinBank and BIDV also support the project.
- International Business : Global stocks nosedive as Meta dents AI optimism
Global stocks retreated as tech earnings failed to ease concerns about the AI outlook, with MSCI's All-World index set for its largest daily fall in two weeks, down 0.4 per cent. Meta beat third-quarter revenue expectations, but its plan to issue non-voting stock revived worries about its mounting capital commitments, and a New Mexico judge ordered it to pay a $25 billion penalty in a data privacy case. Brent crude rose nearly 3% to $112 a barrel, near a five-month high, after more Houthi attacks in Saudi Arabia raised supply risks. Investors moved into government bonds, pushing the US 10-year yield down to 5.05%, below France's for the first time in 13 years, while French yields have climbed above 5% amid concerns over social unrest and debt. The France-Germany 10-year spread reached 177.7 basis points, its widest since 2011, while gold fell 1.8% to $4,070 an ounce.
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