Vera
Piplix author

Vera

Markets Editor

Vera explains market-moving events and economic context with clarity, restraint, and a learner-first perspective.

Articles by Vera

News by Vera

NewsOct 14, 2026 · 15:53 IST

Singapore Central Bank Unexpectedly Holds Exchange-Rate Policy Steady in October

The Monetary Authority of Singapore kept its monetary policy unchanged at its October 14 review, maintaining the appreciation rate, width and centre of the Singapore dollar nominal effective exchange-rate policy band. The decision surprised economists who had largely expected further tightening following moves in April and July. MAS said economic growth should remain firm in the near term before moderating as the artificial-intelligence investment cycle cools. It forecast 2026 core inflation of 1.5% to 2.0% and expected inflation to ease more noticeably from mid-2027. Singapore sets monetary policy primarily through its exchange rate rather than a benchmark interest-rate target.

NewsOct 14, 2026 · 15:40 IST

ASML Raises 2026 Sales Outlook After €11.7 Billion Third-Quarter Revenue

Dutch semiconductor equipment maker ASML reported third-quarter 2026 net sales of €11.7 billion and net income of approximately €5.0 billion. The company projected fourth-quarter sales of €14.2 billion to €15.2 billion and lifted the lower end of its full-year revenue outlook to €44 billion, leaving the upper end at €45 billion. ASML said demand for advanced chipmaking equipment tied to artificial intelligence remained strong, while management warned that production capacity may not fully meet customer demand in 2027 and 2028. The results provide a fresh earnings and guidance catalyst for European technology shares.

NewsOct 14, 2026, 03:17 PM GMT+5:30

SEC Grants Five-Year Exemption for Tokenized Stock Trading

The U.S. Securities and Exchange Commission granted temporary, conditional relief allowing approved tokenized-securities venues to trade tokenized U.S.-listed stocks through permissioned automated market makers and liquidity pools. The exemptions from exchange and dealer definitions expire five years after publication. Venues must preserve equivalent shareholder rights, notify issuers and respect objections, use auditable smart contracts on public blockchains, follow underlying-stock trading halts and comply with symbol and volume limits. The SEC is also seeking public comment on modifications and future rules.

NewsOct 14, 2026 · 15:01 IST

Williams Keeps One More 2026 Hike Possible

New York Fed President John Williams said another interest-rate increase in 2026 might be appropriate, Reuters reported on 13 October, citing a Bloomberg interview. He said he currently saw no reason for additional increases in 2027, while explicitly leaving that assessment dependent on incoming data. His comments describe an individual policymaker’s outlook. They do not constitute an FOMC decision or a commitment that next year’s rates will remain unchanged.

NewsOct 14, 2026 · 14:54 IST

Treasury Announces Bank of America AML and Sanctions Penalties

The US Treasury announced enforcement actions against Bank of America on 13 October over anti-money-laundering and sanctions compliance failures. FinCEN assessed a $1.2 billion penalty, while OFAC announced an $11.6 million settlement for apparent sanctions violations. Treasury said the bank admitted wilful Bank Secrecy Act violations, including failures in its anti-money-laundering programme and suspicious-activity reporting. The official announcement also requires independent reviews and a transaction lookback.

NewsOct 14, 2026 · 14:32 IST

United Health Raises Adjusted Earnings Outlook to at Least $20.50

United Health Group raised its full-year 2026 adjusted earnings outlook to at least $20.50 per share in its 13 October results release. Third-quarter revenue was $112.7 billion, with reported earnings of $4.56 per share and adjusted earnings of $4.69. Its medical cost ratio was 88.4%, compared with 89.9% a year earlier. The company also disclosed $610 million of favourable prior-period reserve development affecting that ratio.

NewsOct 14, 2026 · 13:17 IST

Wells Fargo Earnings Beat as Interest Income Misses Forecast

Wells Fargo reported third-quarter earnings of $1.87 per share, above the $1.85 analyst average, Reuters reported on 13 October. Net interest income increased 5% to $12.52 billion but missed the $12.63 billion forecast. Revenue of $21.87 billion also fell short of the $22.31 billion estimate. The earnings beat therefore coexisted with weaker-than-expected income and revenue, explaining why the headline result needs qualification.

NewsOct 14, 2026 · 13:12 IST

Goldman Sachs Reports Q3 Earnings of $17.01 per Share

Goldman Sachs reported third-quarter net revenues of $18.68 billion and net earnings of $5.29 billion on 13 October. Diluted earnings were $17.01 per share, and annualised return on average common shareholders’ equity was 18.7%, the bank said in its official release. Separately, Reuters reported a 72% year-on-year increase in equities revenue. These are quarterly operating results, rather than a forecast for future trading performance.

NewsOct 14, 2026, 12:53 PM GMT+5:30

Trump Says Greenland Resource Exploration Is Being Prepared

US President Donald Trump said oil, gas and mineral exploration was being prepared in Greenland, Reuters reported on 14 October. He supplied no detailed exploration plan. His statement follows last month’s agreement involving the United States, Denmark and Greenland. The report establishes that Trump made the announcement; it does not establish that drilling has started, commercial reserves have been verified or additional production is available.

NewsOct 14, 2026 · 12:40 IST

Singapore Leaves Exchange-Rate Policy Settings Unchanged

Singapore’s Monetary Authority kept its exchange-rate policy settings unchanged on 14 October, Reuters reported. The rate of appreciation, width and centre of the Singapore dollar nominal effective exchange-rate band were all maintained. All ten economists in the Reuters poll had expected tightening. The decision retains an appreciating policy band; it is not an interest-rate cut or a switch to a depreciating currency policy.

NewsOct 14, 2026 · 11:50 IST

China September Exports Rise 36.3%; Imports Gain 31%

China’s September exports rose 36.3% from a year earlier, accelerating from August’s 25.0% increase, Reuters reported on 14 October, citing customs data. Imports grew 31.0%, versus 28.2% in August. Both readings exceeded the Reuters poll forecasts of 25.5% and 24.5%, respectively. These figures describe trade growth for September; they should not be interpreted as a direct measurement of household consumption or economy-wide growth.

NewsOct 14, 2026, 11:36 AM GMT+5:30

China Producer Inflation Rises to 5%; CPI Reaches 0.9%

China’s producer price index increased 5.0% year-on-year in September, up from 3.8% in August, according to data reported on 14 October. Consumer prices rose 0.9%, compared with 0.8% previously, while core consumer inflation remained 1.0%. Reuters and Investing.com both reported these actual readings. The figures show a widening gap between factory-gate price pressure and the pace of price increases faced by households.

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