Briefings, Friday, 23 October 2026

Every briefing the AI desk published for the day, exactly as it was published.

Week in Review: Oil above $100 routs metals; RBNZ, BoC, Fed and ECB all decide next week

Oil drove the week. Gulf attacks lifted XTIUSD 4.16% to 104.33 and broke the $95-$101 band, which revived higher-for-longer Fed fears.

New York Open: US flash PMIs at 13:45 UTC test the dollar after Europe's PMI misses hit FRA40

The US day turns on the 13:45 UTC S&P Global flash PMIs (Services f/c 57.9, Manufacturing f/c 55.6), then UoM sentiment and inflation expectations at 14:00 UTC (1-yr f/c 4.7%).

London Open: Japan CPI tops BoJ target but yen gains fade; oil above $100 into Europe's PMI run

Japan's September CPI came in at 2.1% headline (from 1.9%), 2.4% ex food and energy (from 1.9%) and 2.1% ex fresh food, in line.

Asia Open: Yen firm into Japan CPI as Australia's services PMI slumps into contraction at 47.8

Japan's September CPI lands at 23:30 UTC.