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European Afternoon Brief · Wednesday 14 October 2026

The Trade Academy Team

Oct 14

1 min read

Inflation day in America — as Iran turns up the pressure on shipping
US consumer prices are released at 14:30 CEST, and they will go a long way to deciding whether the Federal Reserve raises rates again this year. The backdrop is not helpful: US officials say Iran is shifting tactics to step up attacks on shipping before the midterm elections, President Trump has threatened to "hit them hard", and Brent is holding above $106. Bank earnings were mixed, with Goldman Sachs beating forecasts and JPMorgan posting a rare miss. Chipmakers fell again on Tuesday, but ASML is rebounding this morning after its results, and European shares have opened higher. — Inflation day in America — as Iran turns up the pressure on shipping

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