Newsquawk Daily US Opening News – 20th October 2026

(Right click on any image (or chart) to open a full screen in a new tab)
XAUUSD 4 HOUR – Too tight to last for lpmg
A noted yesterday, a 4150-4200 range was too tight to last for long and that proved to be the case with the bottom end giving way.
This leaves it in a 4100-4200 range with 4150 setting the tone.
Should the bottom end give way then 4066-73 would be back on the table.

In our blog
In choppy markets it is easy to make trades based on hope but remember
Hope Is Not a Trading Strategy: Understanding Hope Trades


COMING UP: Data: Chinese LPR (Oct), German PPI (Sep), UK Unemployment Rate (Aug), EU/German ZEW Survey (Oct), US ADP Weekly Employment Change, Building Permits (Sep), Atlanta Fed GDPNow (Q3).
Events: NBH Policy Announcement (Oct).
Speakers: BoE’s Greene; RBA’s Hauser. Supply: Japan, UK, Germany, US Treasury Buyback Announcement.
Earnings: GE Aerospace, General Motors, RTX, Northrop Grumman, Hasbro, Netflix, Chubb, United Airlines, EssilorLuxottica, ABB.
US Market Wrap: Indices gain as Tech outperforms on AI-recovery
SNAPSHOT: Equities up, Treasuries down, Crude mixed, Dollar up, Gold down

© 2024 Global View
