Inflation data: Treasury yields stable as market participants await more economic data
According to Trading Economics, Consensus forecasts are anticipated to show a rise in October's annual consumer price index to 3.9%, up from 3.7% in September. The data follows a stronger-than-expected US employment picture last week, which sent Treasury yields higher during Friday's session.
In this article
In the latest inflation data update, according to Trading Economics, Consensus forecasts are anticipated to show a rise in October's annual consumer price index to 3.9%, up from 3.7% in September. The data follows a stronger-than-expected US employment picture last week, which sent Treasury yields higher during Friday's session.
What happened: Inflation data
The monthly non-farm payrolls report revealed an increase of 165,000 jobs in October, far outweighing the 59,000 expected by forecasters, while the unemployment rate edged lower to 4.1%. West Texas Intermediate futures for December delivery eased 1.2% to $89.70 per barrel, following President Donald Trump stated fresh Iran attacks were "highly unlikely" as discussions aimed at resolving the Middle East conflict continue.
Why inflation data matters for traders
Inflation figures decide how long central banks keep interest rates high. Hotter-than-expected readings usually lift bond yields and the local currency, while softer data raise hopes of rate cuts.
Price data feed straight into central-bank decisions, which makes them some of the most market-moving releases on the calendar for forex, bonds and stocks.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-09 09:51 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 74,224.61 | -2.26% | 76,200.00 | 73,510.00 |
| Ethereum (ETH) | 2,107.45 | -5.81% | 2,246.00 | 2,060.00 |
| Solana (SOL) | 86.51 | -3.10% | 90.01 | 85.02 |
What to watch next for inflation data
Next in focus are the coming inflation releases, central-bank reaction to them and changes in market pricing for future rate moves.
Key scheduled releases on the economic calendar:
- USD Core CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.2%, previous 0.3%
- USD CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.3%, previous 0.6%
- GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
- USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
- USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%
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FAQ
What is the latest inflation data news?
According to Trading Economics, Consensus forecasts are anticipated to show a rise in October's annual consumer price index to 3.9%, up from 3.7% in September.
Why do inflation numbers move markets?
Inflation data change expectations for central-bank interest rates, and rate expectations drive currencies, bond yields and stock valuations.
Where does this information come from?
This report is based on coverage from CNBC World, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
