Briefings, Wednesday, 21 October 2026

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

Daily Wrap: AUD ends day as top major; NZ Q3 CPI at 21:45 UTC tests ~80% RBNZ hike pricing

AUD closed as the strongest major on 24h strength (0.32) and EUR the weakest (-0.14), with the dollar at -0.11.

New York Open: Hot UK CPI lifts cable to 1.33993; Bailey at 13:00 UTC, no US data today

London's story was UK CPI. Headline came in at 3.5% y/y (f/c 3.4%) and core at 2.8% (f/c 2.7%).

London Open: UK CPI tests a near-priced BoE hike; WTI back at 100.21 after a quiet Asia

Asia was quiet, with ranges well below normal: GBPUSD at 0.16x and EURUSD at 0.24x a typical day.

Asia Open: Quiet Asia open: AUD firm, gold edges toward D1 support before Japan trade and UK CPI

Little has changed since the Daily Wrap. Ranges are well below normal, with USDJPY at 0.21x and gold at 0.28x a typical day.