Daily summary: indexes edge lower into the close, gold tests $4,300 💰

U.S. indexes erased part of their early-session gains and are now trading lower. US500 and US100 are down 0.30%, while US2000 loses 1.20%.
The U.S. dollar is also weakening and ranks among the softest G10 currencies, just after the Australian dollar. The USDIDX drops 0.35%, reacting to a key resistance zone.
Gold adds another 2.00%, approaching the next major milestone at $4,300/oz. Yesterday, gold broke above $4,200, with YTD gains now exceeding 62%.
Fed officials support continued monetary easing. Waller believes current data justify a 25 bp rate cut at the next meeting and that further cuts would be appropriate.
Barkin notes a “clear shift” in the labor market — managers report many candidates per position, evidence of weaker labor demand. With fewer reliable data, the Fed is “flying blind.”
Miran argues the Fed should cut rates by 50 bp given rising uncertainty, though he expects a 25 bp move in practice. He sees U.S.–China trade tensions as the main short-term risk.
WTI crude falls 2.05% to $57/bbl. Trump just concluded a meeting with Putin, expressing satisfaction with progress. Senior advisers from both sides are expected to meet next week.
EIA weekly natural gas change: Current 80 bcf; Expected (XTB consensus): 76 bcf; Previous: 80 bcf. NATGAS reacted with slight declines after the data release.
Salesforce shares rebound 8% on upbeat outlook. The company raised its revenue forecast above $60B by FY2030, beating analyst expectations of $58.37B. The Data & AI segment grew 120% YoY, reaching $1.2B in Q2 revenue.
Thermo Fisher Scientific (TMO.US) gains about 4% pre-market after announcing a strategic partnership with OpenAI to integrate AI solutions across key business areas.
TSMC (TSM.US) posted strong Q3 2025 results, beating estimates with significant revenue and profit growth, reaffirming its leadership in AI chips. Earnings were fueled by a global AI infrastructure boom, with Nvidia, Apple, and the broader HPC segment as top clients.
The Japanese yen ends the day as one of the strongest G10 currencies, gaining between 0.50–0.70%. During a speech in Okinawa, Naoki Tamura presented several arguments supporting further rate hikes.
The crypto market continues to face heavy selling with no clear recovery signals. Bitcoin drops 2.00% to $108,800, retesting its Friday liquidation low. Ethereum falls 1.00%, and other altcoins slide 0.80%.

16 October 2025, 5:05 PM

Breaking: crude oil inventories above expectations 📌

16 October 2025, 4:31 PM

Fed officials favor continued monetary easing 🔎

16 October 2025, 3:36 PM

BREAKING: NATGAS declines after EIA data 📌

16 October 2025, 10:07 AM

BREAKING: Eurozone trade balance mixed 💶

economic reports

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

Daily summary: indexes edge lower into the close, gold tests $4,300 💰

U.S. indexes erased part of their early-session gains and are now trading lower. US500 and US100 are down 0.30%, while US2000 loses 1.20%.

The U.S. dollar is also weakening and ranks among the softest G10 currencies, just after the Australian dollar. The USDIDX drops 0.35%, reacting to a key resistance zone.

Gold adds another 2.00%, approaching the next major milestone at $4,300/oz. Yesterday, gold broke above $4,200, with YTD gains now exceeding 62%.

Fed officials support continued monetary easing. Waller believes current data justify a 25 bp rate cut at the next meeting and that further cuts would be appropriate.

Barkin notes a “clear shift” in the labor market — managers report many candidates per position, evidence of weaker labor demand. With fewer reliable data, the Fed is “flying blind.”

Miran argues the Fed should cut rates by 50 bp given rising uncertainty, though he expects a 25 bp move in practice. He sees U.S.–China trade tensions as the main short-term risk.

WTI crude falls 2.05% to $57/bbl. Trump just concluded a meeting with Putin, expressing satisfaction with progress. Senior advisers from both sides are expected to meet next week.

EIA weekly natural gas change: Current 80 bcf; Expected (XTB consensus): 76 bcf; Previous: 80 bcf. NATGAS reacted with slight declines after the data release.

Salesforce shares rebound 8% on upbeat outlook. The company raised its revenue forecast above $60B by FY2030, beating analyst expectations of $58.37B. The Data & AI segment grew 120% YoY, reaching $1.2B in Q2 revenue.

Thermo Fisher Scientific (TMO.US) gains about 4% pre-market after announcing a strategic partnership with OpenAI to integrate AI solutions across key business areas.

TSMC (TSM.US) posted strong Q3 2025 results, beating estimates with significant revenue and profit growth, reaffirming its leadership in AI chips. Earnings were fueled by a global AI infrastructure boom, with Nvidia, Apple, and the broader HPC segment as top clients.

The Japanese yen ends the day as one of the strongest G10 currencies, gaining between 0.50–0.70%. During a speech in Okinawa, Naoki Tamura presented several arguments supporting further rate hikes.

The crypto market continues to face heavy selling with no clear recovery signals. Bitcoin drops 2.00% to $108,800, retesting its Friday liquidation low. Ethereum falls 1.00%, and other altcoins slide 0.80%.

Join over 1 700 000 XTB Group Clients from around the world