Turkey’s seasonally adjusted unemployment rate rose to 8.4% in September 2026 from an upwardly revised 7.9% in the previous month. This was the highest jobless rate since February, as the number of unemployed individuals increased by 198,000 to 2.97 million. By gender, the jobless rate stood at 6.9% for men and 11.3% for women. Meanwhile, […]
Tuesday’s session across global financial markets is marked by the assessment of economic conditions in Asia and anticipation of the afternoon data slate from the United States. The day began with positive surprises from South Korea, where Q3 GDP growth significantly beat analyst expectations, and China, where YTD industrial profits maintained a solid pace of […]
Japanese Finance Minister (FM) Satsuki Katayama said on Tuesday that the government is prepared to take decisive steps in the foreign exchange market. Katayama added that officials will closely monitor market moves with heightened urgency, including at this moment. Key quotes The government is prepared to take decisive steps in FX market. Closely monitoring market moves […]
The Saudi-led coalition said on Tuesday that air defences intercepted and destroyed four drones launched by the Houthis towards the southern region of Saudi Arabia, Reuters reported. Saudi Civil Defense issued early warning alerts for a potential hostile threat in the Eastern Region and in Kharj governorate, before later saying the danger had passed in […]
South Korea’s 10-year government bond yield has fallen to 4.04%, its lowest level since May 2026, extending a sharp decline in recent weeks. The yield has dropped 49.80 basis points over four weeks, although it remains 110.80 basis points higher year on year. Market Snapshot Indicator Latest South Korea 10-year bond yield 4.04% Recent low […]
Japan’s 10-year government bond yield hovered around 2.79% on Tuesday, remaining near its lowest level since early August, as increased volatility in equity markets and heightened geopolitical tensions in the Middle East sustained demand for safe-haven assets. During periods of market uncertainty, Japanese investors often bring funds back from overseas markets, supporting demand for domestic […]
Australia’s 10-year government bond yield fell below 5.2%, hitting a fresh seven-week low as investors braced for the upcoming third quarter inflation figures. The report is due Wednesday, with core inflation expected to rise by a sharp 1.0%, keeping the annual rate at 3.6%, well above the Reserve Bank of Australia’s 2%–3% target range. A […]
South Korea’s economy grew by 1% quarter-on-quarter in the third quarter of 2026, surpassing expectations of 0.7% and accelerating from a 0.6% expansion in the previous quarter, preliminary estimates showed. Exports and investment were the key drivers of overall growth, as the global investment in AI sustained demand for semiconductors. Exports rose 2.3%, led by […]
Japan’s Services Producer Price Index rose 3.7% year-on-year in September 2026, accelerating from a downwardly revised 3.5% in the previous month and matching market expectations. It was the highest reading since June 2024, as persistent labor costs and elevated transport and fuel expenses amid geopolitical tensions continued to drive service-sector inflation. Price growth accelerated in […]
UK shop price inflation rose to 2.1% year-on-year in October 2026 from 1.4% in September, marking the fastest increase since February 2024 and exceeding forecasts of 1.6%. Food price inflation accelerated to 2.9% from 2.5%, its highest since April, while ambient food inflation climbed to 3.2% from 2.2%, the highest since September 2025. Fresh food […]