Market Minutes
Read snapshots of the latest market news
US GDP surprises higher; ECB holds rates as Amazon misses estimates
The US economy expanded by 3.4% in Q3 2026, exceeding expectations despite accelerating PCE inflation. Concurrently, the ECB maintained refinancing rate at 2.65%, while Amazon reported disappointing quarterly earnings.

Fed holds, BoC hikes as Microsoft beats and Alphabet misses
The Federal Reserve held US interest rates at 4.00%, while the Bank of Canada raised rates to 2.50%. Meanwhile, Microsoft beat quarterly corporate earnings expectations, whereas Alphabet missed estimates.

Coca-Cola beats, Boeing misses as durable goods orders surprise higher
The Coca-Cola Company surpassed revenue forecasts but warned of escalating input costs, whereas Boeing missed earnings estimates following shortfalls in its production targets. Meanwhile, robust US durable goods orders buoyed overall market sentiment.

Oil rises on Middle East risks; UK retail sales weaken while Canadian sales improve
Crude oil prices surged amid fears of supply disruptions in the Middle East, while retail performance diverged between the United Kingdom and Canada.

US stocks tumble as AI security fears resurface; Canadian PPI accelerates
US equities plummeted amid artificial intelligence cybersecurity concerns, while surging energy prices triggered renewed inflation expectations.

Meta and Tesla deliver mixed Q3 results; UK inflation surprises higher
Meta and Tesla posted mixed Q3 2026 earnings results, sparking divergent share price reactions, while UK inflation unexpectedly accelerated to 3.5% in September, bolstering the British pound against the US dollar.

SpaceX, Netflix and GE beat estimates; US housing market softens
SpaceX, Netflix, and GE Aerospace surpassed quarterly estimates, although mixed stock movements followed. Concurrently, demand in the US housing market softened significantly, whilst German economic sentiment weakened alongside surging producer prices.

CAC 40 falls amid French social instability; China’s economy gains momentum
Social unrest and fiscal fears pressured French assets, whilst Chinese economic growth beat forecasts following government stimulus. Meanwhile, investors braced for potential market volatility ahead of key quarterly earnings reports.

US import inflation surges as industrial production nears four-year peak
US import inflation surged to 8.1% year-on-year in September, driven by tariffs, elevated fuel costs, and robust demand for artificial intelligence technology, fuelling market expectations of a more restrictive monetary policy stance by the Federal Reserve. Concurrently, resilient industrial production reached a multi-year peak.

US PPI beats forecasts as oil inventories drop sharply; global industry weakens
Higher-than-expected US producer price inflation has reinforced interest rate hike expectations for December, whilst declining industrial output has highlighted persistent macroeconomic weakness across Japan and the European Union.
