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Japan's intervention warnings helped the yen strengthen, while solid UK growth fueled speculation of a BoE hike. The yuan held firm as China expanded its international use despite trade friction with Europe.

Brent held above $105 as tensions around the Strait of Hormuz and Yemen threatened energy supplies. A sharp decline in US crude inventories added to supply concerns, while the IEA prepared further reserve releases. Gold and silver benefited from safe-haven demand as geopolitical uncertainty weighed on equities.

The US100 struggled to recover from recent losses, while Bitcoin extended its decline. Stronger economic activity offered limited relief as higher interest rate expectations and geopolitical tensions weighed on sentiment. 

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Daily Market Analysis (16.10.2026) by ZitaPlus

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