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Wednesday, 28 October 2026

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Federal Reserve Preview: A Pause Before a December Hike

The U.S. September CPI report, set for release on Eastern Time October 14, is critical for the Federal Reserve’s October 27-28 policy meeting. Consensus expects headline inflation to rise to 3.7% year-over-year due to s…

UBS sees dip buyers stepping in to support gold at this level

As of September 2026, major bank gold price forecasts for year-end 2026 have converged lower. J.P. Morgan is at $4,500. Wells Fargo is at $4,900-$5,100. Goldman Sachs is at $4,900, and UBS is at $5,500. Bank of America’…

UK business activity hits 8-month high in October PMI survey

According to Reuters, the stronger activity came even as inflation in the eurozone accelerated more than expected to 3.8% in September from 3.2% in August, driven largely by soaring energy costs. The increase has height…

Eurozone PMI Shows Continued Decent Growth Outside of France

Growth across the euro zone's private sector slowed to its weakest pace in four ​months in October, driven by an energy-driven rise in costs and ​a renewed contraction in France amid political and financial pressures, ‌…