Australia’s 10-year government bond yield rose above 5.4%, near its highest level since mid-2011, tracking elevated US Treasury yields amid persistent energy-driven inflation concerns. The 10- and 30-year US Treasury yields traded near levels not seen since 2002 as oil prices remain elevated, raising inflationary risks and expectations for tighter monetary policy. In Australia, markets […]
The spotlight today will be on August’s PCE reading, the Fed’s preferred inflation gauge, which is expected to show acceleration in both core and headline figures. A stronger-than-expected reading would reinforce the Fed’s hawkish stance, whereas a weaker figure could dampen expectations for another rate hike. Following the market close, Micron Technology will release its […]
Japan’s housing starts rose 6.1% year-on-year in August 2026, slowing from an 8.2% increase in the previous month and marking the mildest pace in the current five-month expansion streak. The latest result also fell short of market expectations for a 7.0% gain, as growth eased in rental housing (6.5% vs 10.0% in July) and built-for-sale […]
Business confidence in the Dutch manufacturing sector rose to 4.2 in September 2026 from 3.7 in August, marking the fourth consecutive monthly increase and remaining at its highest level since July 2022. The improvement was driven by stronger expectations for business activity, which rose to 19.4 from 17.4, while assessments of order books also improved […]
Japan’s 10-year government bond yield slipped to around 3.08% on Wednesday, retreating from 30-year highs as strong demand for government debt at this week’s auctions eased market concerns. Auctions for Japan’s 2- and 40-year government bonds saw better-than-expected demand, with elevated yields encouraging investors to buy. The latest 40-year bond sale attracted its strongest demand […]
Car production in the United Kingdom climbed by 6.1% year-on-year to 39,328 units in August 2026, marking the strongest growth since December 2025 and rebounding from a 10.6% fall in July. Total vehicle production rose 5.7% to 40,872 units, as domestic demand picked up, while August is typically a low-output and volatile month due to […]
The RatingDog China General Services PMI edged up to 51.6 in September 2026 from 51.4 in the previous month, beating market expectations of 51.1. It marked the highest since June, supported by the strongest growth in new orders since that month, driven by successful business development efforts and improving demand conditions. Survey data also pointed […]
Australia’s seasonally adjusted dwelling approvals fell 6.1% month-on-month to a seven-month low of 16,953 units in August 2026, exceeding market expectations for a 2% drop and following a revised 1.9% decline in July, according to preliminary estimates. The decrease was driven by a 21.2% slide in approvals for private sector dwellings excluding houses to 5,674 […]
Singapore’s bank loans climbed to a fresh record high of SGD 966.4 billion in August 2026 from SGD 939.1 billion in July. Loans to businesses increased to SGD 582.0 billion from SGD 572.8 billion, driven by higher loans for building and construction (SGD 191.0 billion vs SGD 189.9 billion), financial and insurance activities (SGD 153.7 […]
The yield on the US 10-year Treasury note held around 5.23% on Wednesday, remaining near its highest level since 2007, while the 30-year yield climbed as high as 5.62%, reaching levels not seen since 2002. Bond yields remained elevated amid persistent energy-driven inflation, a resilient US economy and hawkish signals from Federal Reserve officials that […]