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Related tickers and likely impact
DXY
• NeutralRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 101.74 |
| Change that session | +0.11% |
QQQ
• NeutralInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 704.39 |
| Change that session | -0.01% |
SPY
• NeutralSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 759.85 |
| Change that session | -0.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Asia FX steadies as oil surge weighs on risk appetite, yen holds gains
Asian currencies and the U.S. dollar were largely subdued on Friday as investors weighed rising energy costs and geopolitical tensions, while the yen held its gains after a safe-haven rally tied to concerns over global growth and tech valuations. The U.S. Dollar Index was flat at 101.60 by 03:33 GMT, near a three-week low and on track for a second straight weekly loss. USD/JPY edged up 0.1% to 156.90 after a nearly 1% drop in the previous session, as the yen reached its highest level in more than a month. Brent crude near $114 a barrel, after a 4% jump on Thursday following attacks in Saudi Arabia, raises inflation risks for energy importers such as Japan, India and South Korea. The Indian rupee extended its losses, with USD/INR up 0.3% to 95.109, while the yuan hovered near four-year lows; the Fed is expected to hold rates at 3.75%-4.00% on October 28, with ECB and BoJ decisions due on October 29 and 30.
- Ringgit opens higher vs US dollar , major currencies
The ringgit opened higher against the US dollar and most major currencies on Thursday as the greenback stayed under pressure ahead of next week's FOMC meeting. At 8 am it traded at 4.0780/0835 per dollar, versus 4.0790/0825 at Wednesday's close. Analyst Mohd Afzanizam Abdul Rashid of Bank Muamalat Malaysia said sentiment remains cautious as investors watch inflation, while Brent hovered around US$108 after an attack on a Saudi oil field. He expects the ringgit to trade within a range today, and it gained against the yen and pound but edged lower against the euro.
- Gold ETFs to Watch Amid Fed Rate Hike & Oil Risks
Gold prices have come under pressure this year from a stronger U.S. dollar and the Fed's hawkish stance, after the Fed delivered its first rate hike of the year in September and expectations point to another hike this year. Renewed attacks on vessels in the Strait of Hormuz have pushed oil higher, raising inflation worries and the chance the Fed stays restrictive, while also potentially boosting safe-haven demand for gold. New York Fed president John Williams said another hike may be appropriate this year but further tightening may not be needed in 2027, an outlook that could limit near-term gains but support gold over the longer term. The article says investors should watch whether inflation risks translate into higher rate expectations rather than assume oil will automatically lift bullion, before introducing a list of gold ETFs.
- Dow Gains 1 % as Dollar Slips , united kingdom Inflation Due | Global Economy , Oct 21
The Dow Jones rose 1.02% to 52,496 on Tuesday, the S&P 500 added 0.28% to 7,713 and the Nasdaq ended roughly flat at 26,425, as the dollar index fell 0.20% to 101.77. The US 10-year Treasury yield eased to 5.115%, while Brent crude settled at US$108.79 a barrel and gold slipped 0.44% to US$4,114 an ounce. UK unemployment fell to 4.7% in the three months to August, and Japan's September trade deficit widened to ¥536.6 billion, above the ¥181 billion forecast. Polymarket traders priced an unchanged Federal Reserve decision at its 27–28 October meeting at 86.5%, against 12.5% for a 0.25-point rate rise. UK September inflation is due at 07:00 London time, with a forecast of 3.4% against 3.1% in August.
- LatAm Opens After Brazil Stocks Slip 0 . 2 %, Dollar Firms
Ahead of the Tuesday open, a firmer dollar weighed on emerging-market currencies from Mexico to Brazil, as US yields hovered near 5.14%. Oil held firm, with Brent at US$109.55 a barrel and WTI up 2.2% to US$103.66. On Wall Street, the Nasdaq gained 1.11%, the S&P 500 rose 0.41% and the VIX fell sharply, while the Dow finished slightly lower; Brazil's Ibovespa, however, slipped 0.17%. Polymarket traders priced an 85.5% chance of no change at the Fed's 27–28 October meeting and 14.5% for a 0.25-point rate rise. Mexico's retail sales data is due Wednesday.
- Inflation next wave could be building as energy costs spread through economy
Inflation pressures are building as high fuel costs spread through the economy, raising producer costs that could soon reach consumers. The producer price index rose 1.3% month-on-month in September and 6.3% year-on-year, the fastest since 2022, while transportation and warehousing prices were up 16% from a year earlier. Core consumer prices, which exclude food and energy, rose 2.6% year-on-year, signaling pressure beyond energy. The article links the surge to the war with Iran, notes diesel averaged $6.32 a gallon versus $3.64 a year earlier according to AAA, and cites AI data-center demand lifting chip and electrical component costs. With the Fed having already raised rates and another hike widely expected this year, its ability to address supply-driven inflation is limited.
Related markets
Latest news
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Despite a volatile 2026, the Nasdaq-100 and S&P 500 are up 14.6% and 11.7% year to date. The Vanguard Information Technology ETF (VGT), the largest tech fund at $149 billion, rebounded sharply after the initial sell-off when the war in Iran began, though the Philadelphia Semiconductor Index entered a bear market in July. Chipmakers and equipment companies make up 43.6% of the fund, which is still up 28% this year. The article argues that the Federal Reserve's high interest rates in its fight against inflation could be one factor behind the next correction. CoreWeave (CRWV) is in a bear market as yields on its corporate debt have surged over concerns about its debt load, while VGT, which holds 318 stocks, offers broad exposure with a 0.09% expense ratio, or $9 on a $10,000 stake.
- UK banks face 10,000 complaints in 3 months over crypto restrictions
Advocacy group Stand With Crypto recorded 10,092 complaints from 9,800 individuals about UK bank restrictions on crypto transactions over a 90-day period. Lloyds Banking Group drew the most complaints with 2,297 (23%), followed by Barclays with 1,569 and NatWest with 1,278. The data is voluntary, not adjusted for market share, and not representative of all customers. Stand With Crypto argues blanket bans, rigid limits and unclear policies could impede access to regulated exchanges and undermine the UK’s goal of becoming a global crypto hub. Katie Harries of Coinbase cited research by the UK Cryptoasset Business Council showing 40% of attempted transfers to FCA-registered exchanges were blocked or delayed over the preceding 12 months, and banks with published limits accounted for 61% of complaints.
- Why look at real assets into 2027?
UBS favors real assets, including commodities, infrastructure and property, for 2027 because AI is boosting demand for data centers, electricity and power infrastructure. Electrification, energy security and supply-chain realignment are also driving spending on power, industrial capacity and infrastructure, which could support industrial commodities. In property, reduced development has limited new supply, making data centers, senior housing, multifamily housing and high-quality offices well positioned. Gold plays a different role, as fiscal uncertainty, geopolitical shocks and inflation concerns could support demand for it as a store of value and hedge. Higher interest rates or tighter financing could weigh on infrastructure and real estate valuations and raise refinancing costs.
- Can GE Vernova's Gas Turbines Make Up for a Collapsing Wind Business?
GE Vernova's wind power equipment revenue fell 11% year over year to $2 billion in Q2, and wind turbine orders dropped 40%. Gas turbine revenue rose 14% to $5.5 billion, while orders soared 135% to $16.7 billion. Combined orders for gas turbines and the electrification business (transformers and switchgear) reached a record $24.2 billion in Q2. The main constraint is production capacity, which the company is working to address. The article argues gas turbine growth more than offsets the wind decline, and CEO Scott Strazik said only 20% of the power division's backlog comes from data center customers, with the rest from conventional customers such as utilities.
- Saudi Arabia says it intercepted missiles and drones from Iran-backed Houthis
The Saudi-led coalition in Yemen said it intercepted two drones and a ballistic missile heading to Riyadh, plus 10 ballistic missiles aimed at southern Saudi Arabia and a cruise missile toward Khamis Mushait, in Sunday attacks by Iran-aligned Houthis. The Houthis said targets included King Khalid International Airport in Riyadh and Saudi Aramco facilities in Yanbu. The airport resumed operations after suspending on Oct. 10 following a strike that killed at least 13 people. Ongoing fighting and fears of U.S. and Israeli strikes on Iran after the Nov. 3 midterms pushed Brent up 3.1% to $116.72 a barrel, its highest settlement since April 29, while WTI rose 3.8% to $103.27.
- As vote nears , Trump AI gamble fuels economic uncertainty
The article argues that President Trump's AI policies could leave the U.S. economy facing considerable risk over the next two years. Independent analyses cited data center infrastructure spending as accounting for nearly all U.S. economic growth last winter and spring, while financiers such as Ray Dalio and Ken Griffin have warned of an AI bubble. The Nasdaq 100 has about 70% of its index weight in AI-dependent companies, and Harvard economist Kenneth Rogoff said a 30% or greater stock market drop is entirely plausible. Tariffs have raised costs for chips and components, while federal deficits have pushed up long-term bond rates, adding pressure on heavily indebted AI firms. Economist Servaas Storm said the AI bubble could pop before Trump's presidency ends as rising debt and elevated interest rates prove too much to sustain it.
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