US futures trade higher, led by the Nasdaq 100, supported by SpaceX results, which beat estimates and rise nearly 9% pre-market, and Super Micro Computer, up 2%. Netflix falls around 9% on its guidance. The pound strengthens after UK inflation of 3.5% annual, raising the odds of a 25 basis point Bank of England hike in November. Copper falls nearly 1% on doubts about Chinese demand.
Michael O'Leary, Ryanair's chief executive, expects European airfares to rise between 10% and 20% in 2027 due to higher fuel costs, environmental taxes and reduced capacity. He said that from April 2027 airlines will be largely unhedged on fuel and that 85% of Ryanair's fuel will be unhedged. The airline will cut 20 routes and 1.1 million seats in Belgium after the country's air tax rises from 2 to 7 euros.
The yield on the French 10-year bond surpassed the 5% threshold in debt markets on Wednesday, a level unseen since 2002, amid persistent concerns about the country's public finances, according to SWI swissinfo.ch.
Colombia's representative market rate (TRM) stands at 3,163.76 pesos per dollar on Wednesday, October 21, 2026, up 7.44 pesos from 3,156.32 on Tuesday, October 20, roughly 0.24%. Exchange houses set their own quotes, different from the TRM, depending on the city, cash availability and supply and demand. In the October 20 report, Cúcuta posted the highest buy price at 3,185 pesos and Medellín the lowest sell price at 3,182.
The daily Euribor rate stands at 3.263% this Wednesday, October 21, 2026, up 0.018 points from the previous day. The monthly average for October is set at 3.222%, compared with 3.247% in September. The indicator, a benchmark for variable-rate mortgages in Spain, is calculated Monday to Friday at 11:00 and published in the Official State Gazette.
The dollar in Colombia trended upward on Tuesday, October 20, 2026, and approached 3,190 pesos, in a session marked by the approval of the 2027 General National Budget and market attention on the country's fiscal situation. The TRM stood at 3,156.32 pesos. Congress approved the budget for 634.9 trillion pesos, a decision that keeps the debate over the fiscal deficit and the Government's financing sources alive.
The Ibero-American Business Foundation presented to SEGIB the report "Towards an Ibero-American Strategy for Responding to Natural Disasters", promoted together with Mapfre and CAF, for analysis at the XXX Ibero-American Summit in Madrid on November 4 and 5, 2026. The document says that over the past 50 years four out of ten people in Latin America and the Caribbean were affected by extreme events, with nearly 100,000 deaths and losses exceeding 360 billion dollars, and it proposes insurance, public-private schemes and catastrophe bonds.
Adidas closed the third quarter of 2026 with net sales of 7.252 billion euros, up 9% year on year and a quarterly record, and operating profit of 1.008 billion, up 37%. Gross margin rose 2.5 percentage points to 54.3%, driven by US tariff refunds, with a reimbursement of about 200 million euros, and by full-price sales. The company keeps its revenue growth guidance at constant currencies of between 9% and 10% and raises its 2026 operating profit target to about 2.5 billion euros.
United Airlines fell 0.8% in premarket trading after reporting adjusted earnings of $2.54 per share in the third quarter, versus $2.58 expected, and revenue of $17.875 billion. The airline guided fourth-quarter earnings to $0.50-$1.50 per share, below estimates, attributing the gap to higher fuel costs, which it expects at $4.80 per gallon. Evercore ISI kept its Outperform rating and $160 price target.
Robinhood Markets (NASDAQ:HOOD) shares rose 1.6% in Wednesday's premarket trading to $99.77, after reaching a session high of $101.10. Rosenblatt Securities initiated coverage with a Buy rating and a $135 price target, while JPMorgan raised its target from $103 to $115 and kept its Neutral rating. The move came ahead of third-quarter 2026 results, scheduled for October 27.
Gipuzkoa's general deputy, Eider Mendoza, opened the fifth edition of Re-Think Industry, a congress that brought together more than 700 professionals from Gipuzkoa's SMEs. Mendoza urged the business community to "strengthen collaboration at all levels" to "protect industry and generate new economy", and asked European institutions to defend industrial production made in Europe. She announced sector forums with machine-tool, automotive and mobility companies, plus another dedicated to emerging sectors.
Moeve will extend its discount campaign for private and professional drivers until December 31, moving ahead of Repsol and BP, whose extraordinary rebates currently expire at the end of October. The 'Estamos Contigo' initiative doubles the terms of its Moeve gow loyalty program: drivers will receive 10 cents per litre as digital balance in the app, instead of the usual five cents, with any payment method. The company aims to protect its market share ahead of the autumn holidays and the Christmas season.
General Motors shares closed Tuesday, October 20, down 6.8%, after falling as much as 9%, despite reporting third-quarter results with adjusted revenue of US$50.015 billion and adjusted EPS of US$3.94. The company raised its adjusted automotive free cash flow guidance to a range of US$11.5 billion to US$12.5 billion, but cut its operating profit forecast due to inflationary pressures on production costs. It also announced a US$20 billion share buyback.
The yield on the French 10-year bond exceeded 5% for the first time since 2002, amid investor concern over public debt and France's budget situation. Yields have been rising as Parliament negotiates a 2027 budget with spending cuts worth billions of euros, with debt close to 120% of GDP. The spread against the 10-year German bond has widened to nearly 160 basis points.
Wall Street futures edged higher on Wednesday: S&P 500 futures added 0.2% and Nasdaq 100 futures 0.5%, while Dow Jones futures were nearly flat. Investors were watching the possible merger between SpaceX and Tesla, whose committees have not yet agreed on terms, Anthropic's revenue and Meta's upcoming earnings. Brent crude fell from about $112 to $106 a barrel before recovering, in a session where tech stocks underperformed.
Moeve is extending its double savings for customers until December 31 of this year. According to the published information, the discounts will apply to all types of fuel — gasoline, diesel and liquefied gas — and will be available across the entire Moeve and Cepsa service station network in Spain.
Andrew Hauser, deputy governor of the Reserve Bank of Australia, warned that the inflation outlook is considerably worse than forecast and that price pressures could prove more persistent. The focus is on underlying inflation, which is likely to exceed the RBA's third-quarter projections, and on the risk of expectations becoming unanchored. The implied probability of a 25-basis-point hike to 4.85% on November 3 rose from around 20-22% to nearly 50%.
Andrew Hauser, deputy governor of the Reserve Bank of Australia, warned that the inflation outlook is considerably worse than forecast and that price pressures could prove more persistent. The concern centers on underlying inflation, which is likely to exceed the RBA's projections in the third quarter, and on the risk of inflation expectations becoming unanchored. The implied probability of a 25 basis point hike to 4.85% on November 3 rose from around 20-22% to nearly 50%.
Moeve extended until December 31 its 'Estamos Contigo' campaign, which gives individual Moeve gow users a balance of 10 cents per litre refuelled, double the usual benefit, regardless of payment method. With the programme's benefits, savings can reach 40 cents per litre and a 50-litre refuel can generate up to 20 euros in balance. Professional customers get a direct discount of 10 cents per litre through Moeve pro direct.
US spot Ether ETFs recorded net outflows of $1.08 billion since the start of October, after adding $26 million on Tuesday, according to SoSoValue. The withdrawals erased September's $832 million in net inflows and leave year-to-date inflows at about $485 million. October is already the largest month of net outflows since November 2025. The outflows coincided with a 9.7% drop in Ether during the month, from $2,700 to $2,438.
