Daily report
Wednesday 28 October 2026
1 stories
Published 07:04 CET
A Fed day: the session turns on the 19:00 CET decision and Warsh's press conference, with oil bid after a Houthi strike on Saudi Arabia's largest refinery and Microsoft and Alphabet reporting after the close.
Market snapshot
Calendar
- 28 OctGE Vernova Inc. earningsEPS $4.03 · EPS $1.64 a year ago
- 28 OctBanco Santander, S.A. earningsEPS $0.26 · EPS $0.23 a year ago
- 28 OctAmphenol Corporation earningsEPS $0.73 · EPS $0.47 a year ago
- 28 OctUBS AG earningsEPS $0.91 · EPS $0.76 a year ago
- 28 OctAutomatic Data Processing, Inc. earningsEPS $2.78 · EPS $2.49 a year ago
- 28 OctPhillips 66 earningsEPS $11.97 · EPS $2.52 a year ago
- 28 OctGSK plc earningsEPS $1.40 · EPS $1.48 a year ago
- 28 OctFederal Funds Rate4.00% · 4.00%
- 28 OctFOMC Statement
- 28 OctFOMC Press Conference
- 28 OctMicrosoft Corporation earningsEPS $4.71 · EPS $4.13 a year ago
- 28 OctAlphabet Inc. earningsEPS $2.94 · EPS $2.87 a year ago
- 28 OctKLA Corporation earningsEPS $1.18 · EPS $0.88 a year ago
- 28 OctServiceNow, Inc. earningsEPS $0.56 · EPS $0.59 a year ago
- 28 OctT-Mobile US, Inc. earningsEPS $2.86 · EPS $2.59 a year ago
- 28 OctBanco Bilbao Vizcaya Argentaria S.A. earningsEPS $0.62 · EPS $0.49 a year ago
- 28 OctFortinet, Inc. earningsEPS $0.77 · EPS $0.65 a year ago
- 29 OctUS GDP and core PCE
- 29 OctECB decision, press conference at 14:45
- 29 OctAmazon, Intel, Coinbase and Strategy report
- 30 OctBank of Japan decision
Today’s stories
Open a story for context and sourcescommoditiesHotOil rises as the Houthis claim a strike on Ras TanuraOil rose after the Houthis said they struck Saudi Arabia's Ras Tanura refinery, with WTI futures at $101.37, per CNBC
What happened
The Houthis said they hit Ras Tanura, Saudi Arabia's largest refinery, with a ballistic missile; Brent futures rose to $115.59 and WTI to $101.37, per CNBC. Commerzbank warns new US attacks on Iran could follow the 3 Nov midterms, and the WSJ reported the US told Gulf states to prepare for a short campaign then, per FXStreet; the US energy secretary told CNBC more Russian diesel may reach the market.
What it means today
Ras Tanura and Iran headlines reach the WTI perp at any hour; the 14:30 CET US open prices them before the Fed weighs oil-led inflation at 19:00 CET. The WTI perp on the account trades Gulf headlines around the clock, and oil feeds the inflation the Fed weighs tonight, so a supply turn reaches the index perps and gold too.
Running story: Gulf oil supply · since 2 Oct