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October 27, 2026
Preview: Due November 4 - U.S. October ADP Employment - Maintaining a moderate trend
October 27, 2026 4:13 PM UTC
We expect an 65k increase in October’s ADP estimate for private sector employment. The 4 week average from ADP’s weekly report for the week to October 10, the week before the monthly survey, was 16.5k, broadly consistent with our forecast.
Preview: Due October 28 - U.S. September Advance Goods Trade Balance - Deficit to widen further
October 27, 2026 2:54 PM UTC
We expect an advance September goods trade deficit of $137.0bn, up from $132.1bn in August and the widest since a record pre-tariff deficit seen in March 2025 of $158.7bn. The September deficit, as was August’s, is likely to be higher than anything seen before Q1 2025.
U.S. Septenber New Home Sales, October Consumer Confidence - Surprising resilience, notably on labor signal
October 27, 2026 2:19 PM UTC
September new home sales, down a marginal 0.6% to 676k, have held up better than expected, while October consumer confidence with a bounce to 91.7 from 84.3 is even more surprising, reaching its highest level since June.
U.S. September Durable Goods Orders - Some loss of underlying momentum in Q3
October 27, 2026 12:47 PM UTC
September durable goods orders are in line with expectations, up by 1.8% overall and 0.5% ex transport. The ex transport trend remains positive but has lost some momentum in Q3 after a very strong Q2.
U.S. September Durable Goods Orders - Some loss of underlying momentum in Q3
October 27, 2026 12:47 PM UTC
September durable goods orders are in line with expectations, up by 1.8% overall and 0.5% ex transport. The ex transport trend remains positive but has lost some momentum in Q3 after a very strong Q2.
FX Daily Strategy: N America, Oct 27
October 27, 2026 10:04 AM UTC
Dollar starts the week with a lift into event risk, as US tech and US yields see some bounce
BRL very much its own step adjustment, but does further reinforce a wider EM carry turn
Interesting one to monitor and to keep tabs on what sits on the other side
EUR/USD, USD/JPY flows - quiet, dollar still rebalancing firmer into event risk
October 27, 2026 8:05 AM UTC
Quiet for news and action overnight, skew remains towards dollar firming
General rebalancing ahead of the central bank and event risks this week
1.1150 EUR/USD range low support ahead of the 14 Oct spike lows and 1.11
FX Daily Strategy: Europe, Oct 27
October 27, 2026 5:00 AM UTC
Dollar starts the week with a lift into event risk, as US tech and US yields see some bounce
BRL very much its own step adjustment, but does further reinforce a wider EM carry turn
Interesting one to monitor and to keep tabs on what sits on the other side