Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Import prices in the United States are likely to have risen during the month of October, following upward pressure from global energy prices. The October Labor Department import prices report will be released Tuesday, November 15 at 08:30EST (13:30GMT).
We expect import prices will increase 0.2 percent m/m in October, compared to the 0.1 percent m/m reading seen in September. The 0.1 percent m/m reading seen in September came alongside upward pressure seen from petroleum prices (1.2 percent m/m), dampened by an unchanged m/m result from industrial supplies.
On balance, alongside upward pressure seen from energy prices for the month we expect upward pressure in the headline measure of around 0.2 percent m/m, with some risks to the upside. Import prices increased 0.1 percent m/m in September, sponsored by upward pressure seen from food/beverages (0.6 percent m/m), petroleum prices (1.2 percent m/m), capital goods (0.1 percent m/m) and autos/parts (0.2 percent m/m).
This was supported by the unchanged m/m result from consumer goods and industrial supplies. In terms of trading partners, upward pressure was seen from Canada (+0.1 percent m/m), alongside an unchanged m/m reading from China.
The dollar index (DXY) was 0.19 percent lower at 99.92 at the time of closing on the New York Stock Exchange (NYSE), while at 7:00GMT the FxWirePro's Hourly Dollar Strength Index remained slightly bullish at 77.80 (higher than the benchmark of 75 for bullish trend).
Meanwhile at 7:00GMT, U.S.’s benchmark stock index, S&P 500 Futures was trading 0.14 percent higher at 2,164.00, while Nasdaq Futures were 0.04 percent higher at 4,696.50.
U.S. import prices likely to rise in October on upward pressure from energy prices
Import prices in the United States are likely to have risen during the month of October, following upward pressure from global energy prices. The October Labor Department import prices report will be released Tuesday, November 15 at 08:30EST (13:30GMT).
We expect import prices will increase 0.2 percent m/m in October, compared to the 0.1 percent m/m reading seen in September. The 0.1 percent m/m reading seen in September came alongside upward pressure seen from petroleum prices (1.2 percent m/m), dampened by an unchanged m/m result from industrial supplies.
On balance, alongside upward pressure seen from energy prices for the month we expect upward pressure in the headline measure of around 0.2 percent m/m, with some risks to the upside. Import prices increased 0.1 percent m/m in September, sponsored by upward pressure seen from food/beverages (0.6 percent m/m), petroleum prices (1.2 percent m/m), capital goods (0.1 percent m/m) and autos/parts (0.2 percent m/m).
This was supported by the unchanged m/m result from consumer goods and industrial supplies. In terms of trading partners, upward pressure was seen from Canada (+0.1 percent m/m), alongside an unchanged m/m reading from China.
The dollar index (DXY) was 0.19 percent lower at 99.92 at the time of closing on the New York Stock Exchange (NYSE), while at 7:00GMT the FxWirePro's Hourly Dollar Strength Index remained slightly bullish at 77.80 (higher than the benchmark of 75 for bullish trend).
Meanwhile at 7:00GMT, U.S.’s benchmark stock index, S&P 500 Futures was trading 0.14 percent higher at 2,164.00, while Nasdaq Futures were 0.04 percent higher at 4,696.50.
