Currency News Today — October 31, 2026
Trump called out Big Oil profits. Here’s how much their refining earnings have surged since and more — today's currency signal.
Financial markets are navigating a complex landscape of corporate earnings, economic indicators, and regulatory scrutiny. The energy sector is under the spotlight as former US President Donald Trump criticised Big Oil companies' profits, highlighting the surge in refining earnings. This development comes as investors continue to assess the performance of major corporations, with Intel experiencing a historic stock drop of over 50 years due to weak guidance, resulting in a $140 billion wipeout.
The impact of market volatility is also being felt in the cryptocurrency space, with concerns over the security of digital assets rising after Binance's $6.3 billion hack. Meanwhile, the Swiss central bank reported a bumper $23 billion profit, driven by gains from gold and foreign assets. As investors digest these developments, analysts are weighing in on the implications for various sectors, with some warning that there may be no reason to buy the dip in Intel's stock. Against this backdrop, market participants are likely to remain cautious, closely monitoring corporate earnings, economic indicators, and regulatory developments that could influence currency markets.
Today's signal:
• Trump called out Big Oil profits. Here’s how much their refining earnings have surged since (cnbc.com)
• Why Intel’s stock saw its worst day in decades — and a $140 billion wipeout (marketwatch.com)
• Is your crypto safe? What Binance’s $6.3 billion hack means for bitcoin investors. (marketwatch.com)
• After Intel’s historic stock drop, analysts say there’s no reason to buy the dip (marketwatch.com)
• Intel heads for worst day on Wall Street in more than 50 years on weak guidance (cnbc.com)
• Swiss central bank posts bumper $23bn profit thanks to gold, foreign assets (cnbc.com)