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Forex news and guides: page 4
Central bank decisions, economic data, gold and oil, and plain-English guides to how currency trading works. Every article links to its primary sources.
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Euro area producer prices jump 1.9% in August, leaving them 8.2% above a year earlier
Energy prices at the factory gate rose 5.6% in the month and 21.0% on the year, while prices excluding energy rose 0.2% and 3.4%, Eurostat reported.
UK GDP growth is revised up to 0.5% for the second quarter as household incomes recover
The ONS raised its estimate from 0.4% and left the first quarter at 0.6%. Real household disposable income per head rose 1.0% after falling 0.8%, and the saving ratio rose to 8.8%.
UK mortgage approvals fall to 54,900 in August as the interest rate on new mortgages rises to 4.60%
The Bank of England's Money and Credit release shows approvals for house purchase below their six-month average of about 60,100, while consumer credit growth rose to 9.6% a year.
Swiss inflation rises to 1.0% in September as fuel prices climb and holidays get cheaper
Consumer prices were unchanged on the month, the Federal Statistical Office said, and 1.0% above a year earlier, up from 0.8% in August. Core inflation was 0.5%.
Japan's industrial output falls 1.7% in August, led by cars and machinery, but makers expect a rebound
METI's preliminary index fell to 102.6 and shipments dropped 2.5%. Its survey of manufacturers points to output rising 3.2% in September and 3.1% in October.
China's official PMIs return above 50 in September: manufacturing 50.1, non-manufacturing 50.2
The National Bureau of Statistics reported the first manufacturing expansion since July. Factory input prices rose sharply, and the composite index climbed to 50.7 from 49.5.
Canada's economy stalls in July as construction gains offset factory and retail declines; August flash points to +0.2%
Statistics Canada said real GDP was essentially unchanged in July. Construction rose for a fourth month, manufacturing fell 0.9% and retail trade 1.0%.
ADP: US private employers add 90,000 jobs in September as hiring rebounds after a three-month slowdown
ADP's report, published two days before the official jobs figures, shows education and health leading and financial activities and professional services shedding jobs. Base pay rose 3.2%.
US consumer confidence falls to 81.9 in September as worries about prices hit a new high
The Conference Board's index fell 6.7 points. Consumers rated current business conditions negatively for the first time since September 2024 and more expect higher interest rates.
US durable goods orders are flat in August at $338.6 billion as transport weighs and other orders rise
New orders excluding transportation rose 0.3%, the Census Bureau said, while aircraft and vehicle orders fell. Shipments dropped 0.2% after eight straight increases.
US new home sales rise 6.4% to 684,000 in August, but the average price falls 8.8% from a year earlier
The Census Bureau and HUD say the gain is not statistically significant. Supply stands at 8.5 months, and the median price of a new house was $393,700.
US construction spending rises 0.9% in August to a $2.20 trillion annual rate, still 1.7% below a year earlier
The Census Bureau estimates private construction up 1.1% and public construction up 0.2%. Spending for the first eight months of 2026 is 3.1% below the same period of 2025.
US initial jobless claims edge down to 197,000 while the four-week average slips to 200,000
The Labor Department's advance figure for the week ending 26 September is 1,000 below the revised prior week. Continuing claims fell 11,000 to 1,701,000.
OPEC+ holds November output unchanged as seven countries agree to meet again on 1 November
Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman decided on 4 October to keep September's required production for November. The IEA says OPEC+ output was 33.11 million barrels a day in August.
The euro falls to $1.1204 on ECB reference rates, its lowest since May 2025, after four straight weekly declines
The European Central Bank's daily reference rate has fallen 3.6% since 4 September and 6.4% from its January high. Sterling, the Australian dollar and the yen also lost ground to the dollar.
US home prices rise 1.9% in the year to July as Chicago leads and Seattle falls 1.6%
The S&P Cotality Case-Shiller national index gained 1.9% on the year, up from 1.6% in June, but S&P says home prices fell in real terms for a 14th consecutive month.
RBA raises the cash rate to 4.60%, its fourth increase of 2026, a day before inflation jumped to 4.0%
The Reserve Bank of Australia lifted its cash rate target by 25 basis points on 29 September and said some of the upside risks to inflation it flagged in August are materialising. The Board's guidance now says it may raise again "if needed".
US employers add just 29,000 jobs in September, and July's payrolls are revised to a loss of 10,000
The unemployment rate rose to 4.2% from 4.1%, and the Bureau of Labor Statistics cut a combined 60,000 jobs from July and August. Average hourly earnings rose 0.1% and are 3.0% higher than a year earlier.
US PCE inflation is 3.4% in August as consumer spending jumps 0.9% and real incomes stall
The Fed's preferred inflation gauge rose 0.3% on the month, with core PCE up 3.0% on the year. Spending rose $190.8 billion while real disposable income was unchanged and the saving rate was 4.1%.
US GDP growth is revised up to 2.2% for the second quarter from 1.5% in the third estimate
The Bureau of Economic Analysis lifted growth by 0.7 percentage point on upward revisions to investment, consumer spending and government spending, and said first-quarter growth was 2.5%. Real final sales to private domestic purchasers rose 4.6%.
Euro area inflation jumps to 3.8% in September as energy prices rise 18.8% from a year earlier
Eurostat's flash estimate shows prices rising 0.6% in the month and inflation up from 3.2% in August. Core inflation excluding energy, food, alcohol and tobacco edged up to 2.5%. The ECB meets on 28–29 October.
Australia's inflation rises to 4.0% in August as fuel prices jump 14.8% in a month
The ABS said housing was the largest contributor to annual inflation, up 5.7%, and automotive fuel rose as the rest of the federal fuel excise relief unwound. Trimmed mean inflation held at 3.6% for a third month.
Tokyo core inflation jumps to 2.7% in September, above the Bank of Japan's 2% target
Consumer prices excluding fresh food in Tokyo's 23 wards rose 2.7% from 1.8% in August, and the measure excluding fresh food and energy reached 3.0%. The Statistics Bureau credits water and childcare charges and lodging prices.
Bank of Japan board turns to preventing an inflation overshoot, its September opinions show
The Summary of Opinions from the 17–18 September meeting says one member called for a shift in policy phase and another said the Bank should accelerate hikes if prices overshoot. Another said there was no need for haste. The Tankan showed large manufacturers' sentiment at +24.
US factory input prices jump to 77.9 in the ISM survey as services growth cools to 54.9
The ISM manufacturing prices index rose 6.8 points to 77.9 while the PMI held at 54.5, a ninth month of growth. The services PMI slipped to 54.9, its 27th month of expansion, with business activity down to 56.5.
The US 10-year Treasury yield closes at 5.29%, its highest since May 2002
Treasury's own par yield curve data show the 10-year yield rose 53 basis points between 31 August and 2 October. The 2-year closed at 4.92% on 28 September, the highest since May 2024, and the 30-year at 5.64%.
Norges Bank raises its rate to 4.50% while the Riksbank holds at 1.75% but flags a hike before year-end
Norway's central bank raised its policy rate a quarter point on 24 September, citing inflation still above target. Sweden's Riksbank held, but said the rate should rise more than it forecast in June if the economy keeps outperforming.
Swiss National Bank holds its rate at 0% for a third straight quarter as inflation edges up on energy prices
The SNB left its policy rate unchanged on 24 September and said it remains willing to intervene in the currency market. It raised its near-term inflation forecast slightly, to 0.7% for 2026, on higher oil product prices.
Australia's unemployment rate rises to 4.6% in August, five days before the RBA's next decision
The ABS reported 39,000 more people in employment and 28,000 more unemployed in August, all the net gain in part-time jobs. The RBA meets on 29 September with the cash rate at 4.35%.
Canada's retail sales fall 0.7% to $73.7 billion in July, led by general merchandise and clothing
Statistics Canada said sales fell in eight of nine subsectors in July, close to its earlier advance estimate of a 0.8% drop. An early reading points to a 1.3% rebound in August.
US business activity hits a five-year high in September as UK growth slows and prices rise
S&P Global's flash composite PMI jumped to 58.4 in the US and 53.1 in the eurozone, while the UK's fell to 51.7 on softer new business and rising input costs.
Canada's July retail sales are due 24 September after Statistics Canada's early estimate of a 0.8% fall
Update: on 24 September Statistics Canada reported retail sales fell 0.7% to $73.7 billion in July, close to its 0.8% advance estimate.
Australia's August jobs report is due 24 September: unemployment was 4.5% in July as employment fell 15,800
Update: on 24 September the ABS reported unemployment rose to 4.6% in August, all the net job gain in part-time work, five days before the RBA meets.
Flash PMIs on 23 September: release times, and what the US, eurozone and UK showed in August
Update: the September flash PMIs are out — the US hit a 62-month high at 58.4, the eurozone rose to 53.1 and the UK slowed to 51.7. This preview has the release times and August's baseline.
RBA decision on 29 September 2026: what a 4.35% cash rate, inflation at 3.5% and a softer jobs market mean
Update: on 29 September the Reserve Bank of Australia raised its cash rate to 4.60%, its fourth increase of 2026, and a day later the ABS reported inflation of 4.0% for August.
Week ahead, 21–25 September 2026: flash PMIs, the SNB, Norges Bank, the Riksbank and Australian jobs
Update: the week's releases are out, from the flash PMIs to the SNB, Norges Bank and Riksbank decisions, Australian jobs and Canadian retail sales, and US PCE inflation and GDP followed on 30 September.
Japan's core inflation slows to 1.7% in August, on the day the Bank of Japan raised interest rates
Consumer prices excluding fresh food rose 1.7% from a year earlier, down from 1.8% in July, while inflation excluding both fresh food and energy held at 1.9%. Falling energy prices explain the gap between the two.
US industrial production is unchanged in August as factory output falls 0.3% after seven straight gains
The Federal Reserve said total output was flat after rising 0.2% in July. A 0.3% fall in manufacturing was offset by a 1.8% jump in utilities, and capacity utilization stayed at 76.3%.
US housing starts fall 2.6% to 1.275 million in August as building permits slip 2.7%
The Census Bureau said single-family starts rose 7.6% to 918,000 while apartment building slowed, and completions dropped 11.9%. Most of the monthly moves are within the survey's margin of error.
Foreign purchases of long-term US securities slow to $40.6 billion in July from $208.9 billion in June
Treasury's capital-flows report shows net inflows of $83.7 billion in July. Foreign official institutions bought $44.4 billion of long-term securities while private investors were net sellers of $3.7 billion.
