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October 20, 2026
FOMC Preview for October 28: Tightening to be debated but delayed
October 20, 2026 2:59 PM UTC
The FOMC meets on October 28 and a strong case for a second straight tightening can be made and will certainly be debated at the meeting. However to appears more likely that the Fed will leave rates unchanged at 3.75-4.0%. It is likely that December’s meeting will see a tightening, but Chairman Wa
FOMC Preview for October 28: Tightening to be debated but delayed
October 20, 2026 2:58 PM UTC
The FOMC meets on October 28 and a strong case for a second straight tightening can be made and will certainly be debated at the meeting. However to appears more likely that the Fed will leave rates unchanged at 3.75-4.0%. It is likely that December’s meeting will see a tightening, but Chairman Wa
U.S. September Pending Home Sales - More signs of housing sector weakness
October 20, 2026 2:17 PM UTC
September’s 7.3% decline in pending home sales is the sharpest decline since December with the level a record low. This adds to growing evidence that rising mortgage rates are undermining housing demand.
U.S. September Housing Starts and Permits - Signs of weakness building
October 20, 2026 12:50 PM UTC
September housing starts are clearly weaker than expected, -5.2% to 1221k, with both singles and multiples lower. Permits held up better, -0.2% to 1400k, but with multiples up and singles down the net message is for a slowing housing sector, restrained by rising mortgage rates.
U.S. September Housing Starts and Permits - Signs of weakness building
October 20, 2026 12:50 PM UTC
September housing starts are clearly weaker than expected, -5.2% to 1221k, with both singles and multiples lower. Permits held up better, -0.2% to 1400k, but with multiples up and singles down the net message is for a slowing housing sector, restrained by rising mortgage rates.
FX Daily Strategy: N America, Oct 20
October 20, 2026 9:02 AM UTC
France remains in focus, even if positioning and expiries help to cushion
USD long positioning was back to the extremes pre-CPI-reaction; euro crosses still struggle
A political winter of discontent asks FX questions of who comes out on top - CHF? JPY?