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Related tickers and likely impact
DXY
▼ Likely negativeRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/14/2026 | 102.52 |
| Change that session | +0.32% |
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/14/2026 | 4,105.49 |
| Change that session | -1.33% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/15/2026 | 771.79 |
| Change that session | +0.28% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Producer Price Inflation Was Much Hotter Than Expected. Stocks Still Climbed.
Producer prices rose 1.3% last month and 6.3% year over year, the largest 12-month increase since 2022, well above economists' forecasts of 0.6% and 5.5%. Excluding food, energy and trade, the monthly PPI rose 0.5% and the annual rate was 5%, with gasoline prices up 20.3% and chicken egg prices down 39.7%. Stocks still rose, with the Nasdaq Composite up 0.08%, the S&P 500 up 0.33% and the Dow up 1.08% as investors rotated out of the AI trade. Odds of a Fed rate hike fell to 27.1% according to CME Group's FedWatch tool. Investors had also trimmed tech positions over AI overspending and a memory chip glut, while Anthropic reported $16.8 billion in third-quarter revenue, up about 45% from $11.6 billion in the second quarter, and adjusted profitability for a second straight quarter.
- Inflation climbs in September as gas prices surge
- Wholesale inflation surged in September , keeping affordability in focus ahead of the midterms
The U.S. Producer Price Index rose 1.3% month-on-month and 6.3% year-on-year in September, its highest level in over four years and above economists' forecasts of 0.5% and 5.3%. Energy drove 80% of the 2.9% jump in goods prices, while core PPI rose 0.7% and 5% annually. Earlier, September CPI reached 3.7% annually, with core inflation at 2.6%. Retail sales slowed to 0.8% in September after 1.3% in August, and only 0.2% excluding gas stations; adjusted for inflation, sales were even weaker. Economists say price pressures are spreading to food and consumer goods, and Treasury yields fell as investors moved into bonds after a drop in AI stocks.
- Analysis: Why a $2 trillion deficit and 5% Treasury yields are becoming America's biggest economic challenge
Long-term US Treasury yields above 5% and a deficit near $2 trillion are raising borrowing costs, with the 30-year mortgage rate around 7.5% and pending home sales down 4% in September, the biggest monthly drop in three years. The 10-year yield has risen 123 basis points since late February to 5.19%, driven by the war in Iran, higher oil and diesel prices, expectations of possible Federal Reserve rate hikes, and concern about heavy federal debt issuance. The Congressional Budget Office estimates the fiscal 2026 deficit at $1.993 trillion, about 6.0–6.2% of GDP, far from the below-4% target Treasury Secretary Scott Bessent has set for the end of Trump's term. Growth alone would require about 7.2% annual growth for a decade to balance the budget, according to the Committee for a Responsible Federal Budget. With divided government likely after the Nov. 3 midterms and wide gaps between the parties, the article sees little chance of fiscal fixes soon.
- Stock Market Today: Dow Pops 550 Points As Yields Sink; Dell Sets Off Sell Signals
- Fed Hammack Warns Inflation Expectations Could Force More Aggressive Rate Hikes
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Latest news
- SSI forecasts when PNJ's profit will return to the VND 1,000 billion mark
SSI forecasts PNJ's net revenue at VND 39,100 billion in 2026, VND 43,400 billion in 2027 and VND 57,700 billion in 2029, while after-tax profit is forecast at minus VND 6,300 billion in 2026, rising to VND 1,200 billion in 2028. The company holds large inventory, with diamonds making up 52%, and may need to set aside additional provisions for inventory write-downs if gold prices fall. Under SSI's estimated scenario, PNJ's additional repurchase obligation could be about VND 16,800 billion; to ease short-term liquidity pressure, the company plans to issue up to 550 million shares to raise VND 8,000 billion. Preliminary Q3/2026 results show a net loss of VND 258 billion, compared with a profit of VND 496 billion a year earlier. SSI continues to keep PNJ's stock at “Under review”.
- Ethereum delays Glamsterdam Hoodi testnet launch over security risks
Ethereum has postponed the Glamsterdam upgrade on the Hoodi testnet, originally scheduled for Oct. 26, so developers can examine how EIP-8037 and EIP-8038 interact with deployed smart contracts. ChainSecurity warned that the two proposals could weaken safeguards against insufficient gas griefing, potentially letting contracts permanently record failed operations and blocking otherwise valid user actions. The firm said it identified 13 real-world examples of potentially affected contracts and is coordinating responsible disclosure with the projects involved, without naming them. Security researcher pcaversaccio called the risks “serious” in an Oct. 21 GitHub comment and urged a reassessment of the hard fork. The mainnet timeline, which developers had been considering for early December, is now uncertain.
- Proposed 0.2% tax on idle land and land left unused or slow to be put to use
On the morning of October 23, the National Assembly heard the government's proposal and the review report on draft amendments to several tax laws, including the Law on Non-Agricultural Land Use Tax. The government proposes a 0.2% tax rate, with no area limit, for idle land and land that is not or is slowly being put to use, to institutionalize Resolution 21-NQ/TW. The Economic and Financial Committee agrees in principle but says the proposal conflicts with the current law, which applies 0.15% to unused land, and with the draft amended Land Law. It warns of possible double financial obligations for investment projects that leave land unused or slow to use it, and asks the drafting agency to clarify the basis, timeline and relationship with land use fees and land rental payments.
- Pony.ai partners with inDrive, Nvidia to launch robotaxis in Kazakhstan
Pony.ai said it will work with Nvidia and inDrive to explore autonomous ride-hailing services, with Kazakhstan as the first test market. The three companies plan to launch robotaxis in Astana using Pony.ai's seventh-generation vehicles, following an agreement with the Kazakh government; Kazakhstan was chosen for its regulatory readiness after creating its first structured legal framework for driverless transport. Pony.ai will provide the Gen-7 robotaxis, inDrive will provide the ride-hailing platform and run the service, and Nvidia will support the project with AI infrastructure. The partners will assess the technical, operational, regulatory and commercial feasibility of offering level 4-ready autonomous vehicles to riders through the inDrive app. Pony.ai's shares rose 2.8% in Hong Kong trade after the announcement.
- Ethereum delays Glamsterdam test after security devs flag risk to existing contracts
Ethereum developers postponed the Glamsterdam upgrade on the Hoodi test network, which had been due to activate on Oct. 26, after researchers warned that proposed gas rules could let existing smart contracts permanently record failed operations. ChainSecurity said EIP-8037 and EIP-8038 could leave some contracts with more or less gas than expected, potentially making errors permanent or causing otherwise valid operations to fail; for example, creating a new storage slot could require 110,020 gas when a separate allowance is exhausted, versus 22,100 under the old rules. No replacement date has been announced for the Hoodi test or its planned 200 million gas limit, and Ethereum's mainnet upgrade date remains unconfirmed. The findings describe how existing software would behave under the proposed rules and do not indicate that existing contracts are currently being exploited.
- Europe set to ban Russian gas imports; energy giant says it still has the whole world to sell to, gives Brussels 71 days to reconsider
Novatek CEO Leonid Mikhelson said on October 22, on the sidelines of the Verona Eurasian Economic Forum in Istanbul, that Russia cannot be isolated from the global LNG market. He said that if the EU's ban on Russian LNG imports takes effect on January 1, 2027, the company can redirect its cargoes to other markets. Mikhelson added that the EU still has 71 days to make any decision, and that Brussels is paying more attention to industrial production and energy security. He also said European companies with long-term contracts with Russia can keep cooperating to supply gas to markets outside Europe. On a US proposal for Europe to resume buying Russian oil and gas, he said it shows Washington is also concerned about industrial decline and job losses in Europe.
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