Market News - ForexCracked
FXC Terminal

Market News

Forex headlines assembled from multiple corroborating sources and updated as stories develop. Written by the FXC Newsdesk, method explained on how it works.

Updated 31 minutes ago
Sydney Tokyo London New York
10stories, 24h 31vetted sources Economic calendarnext high impact
story CNYEURGBP Impact 7/10

UK Considers Tariffs on Chinese EVs Amid EU Alignment Efforts

The United Kingdom is reportedly preparing to impose tariffs on Chinese electric vehicle imports, aligning with the European Union's push for trade protection.

05:47 UTC 3 organizations
Yesterday, Oct 7
21:30 Daily brief EUR

Sydney Open Briefing: Thursday, October 8, 2026

Sydney opens with XAUUSD and USTEC gains. EIA data shows mixed results for USD energy. Japan's Current Account and Germany's Trade Balance are due, alongside a...
18:32 story USD Live

FOMC Minutes Indicate Most Officials Expect Another Rate Hike by Year-End Amid Inflation Concerns

Minutes from the Federal Reserve's September meeting reveal most officials anticipate an additional interest rate increase by year-end, driven by persistent inflation and a robust labor...
17:47 story USD

US Treasury Auctions See Mixed Demand, 10-Year Notes Attract Strong Bids

The U.S. Treasury completed auctions for 3-year and 10-year notes this week, with the 10-year sale drawing robust demand amidst high yields.
15:32 story USD Live

US Short-Term Inflation Expectations Rise to Multi-Year High in NY Fed Survey

The New York Federal Reserve's latest Survey of Consumer Expectations revealed a notable increase in short-term inflation outlooks for US households, reaching levels not seen since...
15:00 Event recap USD

EIA Cushing Crude Oil Stocks Change comes in at 0.444M against -0.179M consensus

EIA Cushing Crude Oil Stocks Change reported an increase of 0.444M, significantly above the consensus forecast. Initial market reactions show varied, generally modest moves across major...
15:00 Event recap USD

EIA Crude Oil Stocks Change comes in at -3.186M against 1.07M consensus

The latest EIA Crude Oil Stocks Change reported a draw of 3.186 million barrels, significantly missing the consensus estimate. Markets showed varied reactions in the immediate...
12:30 Daily brief BRL

New York Open Briefing: Wednesday, October 7, 2026

Asian and European equities saw declines as the New York session opens. Traders await key US economic data including FOMC Meeting Minutes and EIA Crude Oil...
10:17 story EUR

IMF Chief Georgieva Warns of Global Debt, AI, and Energy Risks Ahead of Annual Meetings

IMF Managing Director Kristalina Georgieva has urged global governments to address a 'risk cocktail' of challenges, including record debt levels and the dual nature of AI,...
07:30 Daily brief CHF

London Open Briefing: Wednesday, October 7, 2026

London Open Briefing for October 7, 2026: European indices open lower, Eurozone data mixed, and a busy USD calendar ahead.
06:30 Event recap EUR

Germany Industrial Production m/m comes in at 2% against 0% consensus

Germany's Industrial Production m/m significantly exceeded expectations at 2%. The Euro saw a measured initial reaction against major currencies.
06:00 Event preview USD

EIA Crude Oil Stocks Change preview: Consensus points to further inventory build

Traders await the EIA Crude Oil Stocks Change on October 7, 2026, with consensus at 1.07M barrels after a previous 0.922M increase. This high impact release...
02:02 story INR

RBI Poised for First Rate Hike in Nearly Four Years Amid Inflation and Rupee Pressure

India's central bank is widely expected to raise its key interest rate on Wednesday, marking its first hike in almost four years, as it confronts persistent...
Tuesday, Oct 6
23:32 story AUD

Australian Consumer Sentiment Falls Sharply in October Following RBA Hike

Australian consumer confidence experienced a notable decline in October, primarily attributed to the Reserve Bank of Australia's recent interest rate increase and persistent fuel price pressures....
22:45 Event recap AUD

Ai Group Industry Index comes in at -24.2, down from previous -3.5

Australia's Ai Group Industry Index registered **-24.2**, a significant drop from the prior **-3.5**. Initial market reaction saw varied moves across AUD pairs.
21:30 Daily brief AUD

Sydney Open Briefing: Wednesday, October 7, 2026

Sydney opens with mixed global sentiment. NZD strengthened on GDT data, while CAD also saw gains. Key AUD and INR data are ahead.
18:32 story USD

Kansas City Fed’s Schmid Emphasizes Unfinished Work on Inflation, Citing Credibility at Stake

Kansas City Federal Reserve President Jeffrey Schmid reiterated a hawkish stance on inflation, stating the central bank still has work to do to reach its 2%...
17:45 Event recap USD

3-Year Note Auction comes in at 4.932% against no consensus

The latest 3-Year Note Auction yielded a rate of 4.932%. Market reaction has been mixed, with most major pairs showing limited movement.
14:32 story USD

US Economic Data Prompts Traders to Scale Back October Fed Hike Expectations

Weaker-than-expected US jobs and inflation data have led market participants to significantly reduce bets on a Federal Reserve rate hike in October, causing the dollar to...
14:30 Event recap CAD

Ivey PMI n.s.a. comes in at 61.9

Canada's Ivey PMI n.s.a. was reported at 61.9. Initial market reaction shows limited movement across CAD pairs.