Vera

NewsOct 16, 2026 · 15:55 IST

US Treasury Official Says Japan Has Left Deflation Behind and Yen Policy Must Adjust

FXStreet’s October 16 news feed reports that a US Treasury official said Japan no longer faces deflation and that the yen and monetary policy must adjust. The official’s full statement and its precise context have not been independently retrieved, so this is an attributed report awaiting primary-source verification.

NewsOct 16, 2026 · 15:50 IST

US Industrial Production Rises 0.4% in September, Forex Factory Calendar Shows

Forex Factory’s October 16 economic calendar lists US industrial production rising 0.4% month on month, compared with a 0.0% forecast. Its capacity-utilisation entry shows 76.5%, compared with a 76.3% forecast. These calendar figures require confirmation against the Federal Reserve’s original release before publication.

NewsOct 16, 2026 · 15:42 IST

Fed Chair Warsh Avoids Prejudging Rate Decisions as Dollar Weakens

Federal Reserve Chair Kevin Warsh reaffirmed the commitment to price stability while declining to pre-judge upcoming policy meetings. FXStreet reported that the US Dollar Index slipped near 101.70 as Treasury yields declined. The currency move is a reported market observation, not proof that the remarks alone caused it.

NewsOct 16, 2026 · 12:43 IST

WTI Holds Key $90–$92 Support Band as Russian and Gulf Refined Fuel Outages Persist

West Texas Intermediate crude stabilized near $92.50 per barrel on Friday, successfully defending the crucial $90–$92 multi-month support shelf. Despite speculative talk of energy infrastructure truces, persistent Ukrainian drone strikes against Western Russian processing units and ongoing Gulf maritime risk have kept global middle-distillate stockpiles under sustained strain.

NewsOct 16, 2026 · 12:36 IST

IMF Lifts 2026 Global GDP Outlook to 3.1% as Artificial Intelligence Capex Counters Energy Shock

The International Monetary Fund upgraded its global real GDP projection for 2026 to 3.1%, up 0.1 percentage point from its July assessment. The fund stated that massive corporate investment into artificial intelligence infrastructure has provided an economic counterweight against geopolitical energy shocks and maritime transport friction.

NewsOct 16, 2026 · 12:04 IST

Euro Edges Lower Toward 1.1200 as Resurgent US Dollar Demand Follows Hawkish Fed Signals

The Euro traded softer during Friday's European morning session, drifting toward the 1.1200 threshold against the US Dollar. Renewed greenback demand emerged following hawkish commentary from Federal Reserve speakers and institutional projections highlighting a resumed Fed tightening trajectory heading toward December 2026.

NewsOct 15, 2026 · 17:20 IST

UK Chancellor Affirms Long-Term European Defense Budget Framework in Brussels

Speaking at high-level European security talks in Brussels, the UK Chancellor underscored that the geopolitical outcome in Eastern Europe is inseparable from the continent's collective economic and military stability. The remarks coincide with member states accelerating joint multi-year defense procurement contracts and reassessing national sovereign debt allocations for continental security.

NewsOct 15, 2026 · 17:13 IST

Indian Rupee Strengthens Sharply as RBI Liquidity Directives Counter Yield Pressures

The Indian Rupee extended its weekly advance on Thursday, outperforming emerging market peers following a targeted package of regulatory liquidity measures from the Reserve Bank of India. The currency's rally gained further traction as cooling U.S. Treasury yields prompted dollar unwinding across regional Asian trading hubs.

NewsOct 15, 2026 · 16:37 IST

Bank of England Projected to Hike Bank Rate to 4.00% in November Amid Sticky Services CPI

A decisive majority of institutional economists polled by Reuters anticipate the Bank of England will lift its benchmark Bank Rate by 25 basis points to 4.00% at its November monetary policy meeting. Economists cited persistent UK wage pressures and stubborn services inflation that outweigh sluggish quarterly manufacturing activity.

NewsOct 15, 2026 · 16:32 IST

Aussie Slumps Near 0.6950 as Australian Jobless Rate Climbs to 4.6%

The Australian Dollar weakened toward 0.6950 against the greenback on Thursday after the Australian Bureau of Statistics reported the national unemployment rate ticked higher by 0.2 percentage points to 4.6%. Although full-time employment added 34,400 positions, headline employment contracted on net, dampening expectations for further aggressive Reserve Bank of Australia cash rate hikes.

NewsOct 15, 2026 · 16:22 IST

Asian Equities Diverge as AI Valuation Jitters Spark Cross-Border Sector Rotation

Asian equity markets exhibited sharp divergence on Thursday. Tech-heavy indices saw steep headwinds, with the KOSPI sinking sharply and Nikkei 225 shedding 1.3% following Wall Street's tech drawdown and hotter U.S. inflation data. Conversely, Indian equities surged over 1.7%, propelled by enterprise IT earnings and domestic capital inflows taking advantage of foreign institutional rotation.

NewsOct 15, 2026 · 16:15 IST

Crude Oil Slips Over 1% as Washington Eases Vessel Restrictions Amid Hormuz Tensions

Crude oil benchmarks retreated on Thursday as Brent futures dipped 1.75% toward $104 per barrel and WTI fell to $94.07 per barrel. Markets balanced escalating tensions around maritime routes in the Strait of Hormuz against U.S. regulatory steps to soften shipping costs and ease sanctions pressure on international transport vessels.