Briefings, Friday, 16 October 2026

Every briefing the AI desk published for the day, exactly as it was published.

Week in Review: Dollar ignores hot US data as AI sell-off sinks tech and oil runs 8.11%

Hot US data piled up: CPI 3.7% vs 3.6%, retail sales 0.8% vs 0.3% and core PPI 5% vs 4.4%.

New York Open: Franc leads as dollar slips; USDCHF presses 0.8227 neckline into a light US day

No high-impact US data today. US Industrial Production at 13:15 UTC (f/c 0.4%, prev 0%) and the Monthly Budget Statement at 18:00 UTC (f/c -29B$) are the only scheduled items.

London Open: Warsh stays neutral and the dollar slips; NZD leads Asia, euro CPI at 09:00 UTC

Warsh said he would deliver price stability but won't pre-judge meetings.

Asia Open: Asia opens flat after the dollar's fade; Warsh at 03:30 UTC is the session's real test

Little has changed since the Daily Wrap. USDJPY is +0.09% at 158.099, gold -0.18% at 4163.03 and USDCHF +0.12% at 0.82749, and ranges are a fraction of normal (USDJPY 0.24, gold 0.14 of a typical day).