UOB senior technical strategist Quek Ser Leang says USD index upside momentum is fading, limiting further gains. On the daily chart the rally that began last month appears to be shifting into consolidation or a mild pullback; a deeper decline could test the 21-day EMA at 101.50.

Fuzhou Intermediate People’s Court (Fujian) issued a first-instance judgment in a dispute over the "Huiyuan" trademark. The court found Beijing Huiyuan Group Kaifeng Co., Ltd. and Beijing Huiyuan Biotechnology Co., Ltd. liable for trademark infringement and unfair competition, ordered them to stop the infringing conduct, cease use of the "Huiyuan" name, eliminate adverse effects, and jointly pay more than CNY97 mln in economic losses and rights-protection expenses. Hebei Huiyuan Food & Beverage Co., Ltd. was held jointly liable for related debts, according to an Oct. 13 notice from plaintiff Beijing Huiyuan Food & Beverage Co., Ltd.

OPEC monthly report: In September, oil production for OPEC and former member the UAE averaged 39.07 million barrels per day, about 900,000 bpd higher than August.