Week 46 Market Outlook: U.S. Inflation, AI Risk, Oil, and USD/PHP Back in Focus

Week of November 08 to 14, 2026

As we move through Week 46 of the 2026 trading year, markets are once again reminding us why preparation matters more than trying to predict every move.

Last week delivered several contrasting signals. Stronger-than-expected U.S. employment supported the argument for tighter monetary policy, while technology and AI-related shares came under renewed pressure. Crude oil declined sharply as hopes for diplomatic progress reduced some of the geopolitical supply premium, while gold recovered as Treasury yields eased and investors looked for protection during the broader risk-off move.

Those developments offered an important reminder: familiar market relationships do not always behave the same way in every environment. A stronger dollar does not always require higher yields. Falling yields do not automatically mean stronger risk appetite. And even genuine geopolitical risks may fail to support oil if expectations for future supply conditions change faster than the physical situation itself.

This week brings another important test.

U.S. inflation returns to the center of attention, with CPI and PPI among the major scheduled releases. The market will also hear from multiple Federal Reserve officials while monitoring U.S. Treasury auctions, U.K. growth data, technology and AI-linked earnings, and continuing developments involving Iran and the Strait of Hormuz.

For our VIP members, there is also another market that deserves particular attention this week: USD/PHP.

After the peso recently moved beyond the ₱64 area before recovering, the question is no longer simply whether that level can be reached. The more important question is what could drive another test—and whether U.S. inflation, oil prices, capital flows, or domestic conditions provide enough confirmation for that move to continue.

Inside This Week’s Exclusive VIP Forecast

The complete Week 46 VIP Weekly Market Forecast goes much deeper into the developments we are monitoring.

Inside the exclusive file, VIP members can review the full weekly recap, economic calendar, major currency outlooks, market themes, potential scenarios, confirmation and invalidation points, our dedicated USD/PHP outlook, and updated technical charts across the major pairs and gold.

The objective is not to provide automatic trade instructions. It is to help you understand what could move the market, what would confirm a scenario, and what evidence would tell us that the original view is no longer working.

Please scroll through the file until the very end to ensure that you review the complete forecast, including the technical charts and final market notes.

Click “View” below to access the complete Week 46 VIP Weekly Market Forecast.

Click “View” below to review the complete session recap.

Please use the same email address you used to register for your GME subscription or GME–Broker Program when accessing the file. This helps ensure that your access is properly recognized.

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Keep the Context in Mind as You Review

One of the most important habits we continue building inside VIP is learning how to review an analysis within the context in which it was originally made. The charts, observations, scenarios, price levels, and market expectations included in the recap reflect what was happening at or around the time of the live session.

The market, however, continues to move after every class. By the time you revisit this material, prices may have changed, new economic information may have been released, expectations may have shifted, or the market may have responded differently from one of the possibilities we originally discussed. That does not make the earlier discussion less useful. In fact, comparing what we anticipated with what eventually happened is an important part of the learning process.

As you review each section, compare the charts and scenarios discussed during the session with the market’s current movement. Consider what has changed since the session, which observations remain relevant, which scenarios the market confirmed or invalidated, whether new information changed the broader context, and how price reacted around the areas we previously discussed.

This allows you to use the recap not simply as a record of what was discussed, but as an opportunity to strengthen the way you analyze how markets develop over time.

Before Applying Anything From the Session

Please remember to independently verify the information before using any part of the session recap in your current market analysis. Double-check all dates and times, especially economic releases, central-bank announcements, and scheduled market events. Confirm the currency pairs and instruments being discussed, review the latest economic calendar for revisions or changes, and compare the charts shown in the recap with the current charts before deciding whether a level or scenario is still relevant.

Also check for any new economic data, geopolitical developments, central-bank commentary, or market-moving information that may have emerged since the session. Reassess the broader market context instead of assuming that an earlier expectation remains valid, and continue applying the risk-management principles, technical lessons, and market-reading process we have discussed throughout our previous VIP sessions.

The purpose of reviewing these materials is not to follow an earlier analysis automatically. It is to understand the reasoning behind the analysis, observe how the market developed afterward, and continue improving the way you prepare for different possibilities.

Markets change. Expectations change. Charts change. What we want to keep strengthening is how we analyze, prepare, and respond when they do.

Continue Building on What We Have Learned

Thank you again to everyone who joined our first VIP live session for September 2026. Your attentiveness, questions, and participation made the discussion even more meaningful, and I hope you continue using these session recaps as part of your ongoing review process.

Go back to the lessons from our previous sessions. Compare what we discussed with what actually happened afterward. Observe how new information changed—or reinforced—the market narrative. Whenever you review a previous chart or scenario, remember that the objective is not simply to determine whether an earlier view was “right” or “wrong.”

The greater value is understanding why the market behaved the way it did, what information changed along the way, and how we can become better prepared the next time a similar environment develops.

That is the process we will continue building together inside GME VIP. We look forward to continuing the discussion with you in our next VIP Class. 🧡

Important Disclaimer

All charts, market commentary, scenarios, economic information, currency pairs, price levels, dates, times, and other information presented during the VIP session and included in its recap are provided for educational purposes only and reflect information available at or around the time they were discussed or prepared.

Financial markets can change rapidly. Information, expectations, price levels, technical conditions, scheduled events, and market narratives may become outdated as new economic data, market developments, geopolitical events, central-bank communications, or price movements occur.

Before making any financial decision, always independently verify the latest market prices and charts, currency pairs and instruments, economic-calendar schedules, economic data and revisions, central-bank announcements, dates and times, and any relevant market news or developments. Always compare the charts and scenarios presented during the session with current market conditions before considering whether they remain relevant.

Nothing presented during the session or in the accompanying recap constitutes financial, investment, trading, legal, or personal financial advice. The discussions do not represent trading signals, recommendations to buy or sell, guarantees of future market direction, or promises of profit.

Trading involves risk, and losses are possible. Always consider your own circumstances, apply appropriate risk management, independently verify current information, and continue using the principles and lessons discussed throughout our previous GME VIP sessions when conducting your own analysis.

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Week 44 Market Outlook: Five Central Banks, U.S. GDP, and Big Tech Take the Spotlight