, 16 October 2026 | Daily Market Brief FridayGoldOANDA:XAUUSDHaloDestiny * Market Sentiment: Risk appetite stabilises as US–Iran tensions show signs of easing. * Inflation: US PPI surges 1.3%, reinforcing December Fed rate-hike expectations. * Equities: Dow gains 1.1%, while technology stocks remain under pressure. * Forex: Dollar struggles above 102; GBP/USD climbs into the 1.33s. * Gold: Holds near $4,180 amid safe-haven demand. * Oil: WTI retreats from $97 but remains on track for strong weekly gains. * Positioning: Gold clients remain 74% long; WTI traders favour shorts. * Outlook: Geopolitical developments, persistent inflation and oil prices remain key market drivers heading into the weekend. IG： the zen trader