Turkey’s Economic Confidence Index rose to 101.3 in September 2026 from 100.6 in August, remaining above the 100 threshold for a second consecutive month and reaching its highest level since June 2023. This signaled a more positive outlook, with notable improvements seen in retail and consumer confidence. The retail trade confidence index rose 1.1% from […]
Key takeaways The Asian session brought a key decision from the Reserve Bank of Australia (RBA), which raised interest rates as expected by 25 basis points to 4.60%, citing elevated inflation risks and geopolitical tensions in the Middle East. Accompanying data on household spending in Australia showed stagnation (0.0% MoM vs 0.3% consensus), confirming an […]
Reserve Bank of Australia (RBA) Governor Michele Bullock is addressing the press conference, explaining the reason behind raising the key interest rate by 25 basis points (bps) to 4.60% from 4.35% in the September policy meeting. Key quotes from the RBA press conference Inflation is driven by domestic capacity pressures. Inflationary pressures to last longer […]
Japan’s leading economic index, which gauges the outlook for economic activity in the coming months using indicators such as job offers and consumer sentiment, was revised lower to 117.7 in July 2026 from a preliminary estimate of 117.9, after reaching 116.2 in June. Still, it was the highest level since January 2014, supported by the […]
The Reserve Bank of Australia raised its cash rate target by 25 bps to 4.60% in a unanimous September 2026 decision, in line with expectations, marking its fourth hike this year and taking borrowing costs to their highest since 2011. Policymakers noted that higher global energy prices following oil supply disruptions amid the broader Middle […]
Singapore’s domestic supply price index surged by 38.8% year-on-year in August 2026, marking the fastest rise on record and accelerating from an upwardly revised 33.6% gain in the previous month. The increase was driven mainly by higher prices for mineral fuels, lubricants and related materials (57.4% vs 46.8% in July), machinery and transport equipment (47.7% […]
UK shop price inflation eased to 1.4% year-on-year in September 2026 from 1.5% in August, slightly below market expectations of 1.5%, although it remained above the three-month average of 1.3%. Food price inflation slowed to 2.5% from 2.8%, helped by promotions that lowered meat and dairy prices, while poor European harvests pushed up fruit prices […]
South Korea 10 Year Government Bond Yield decreased to 4.32%, the lowest since September 2026. Over the past 4 weeks, South Korea 10Y Bond Yield gained 21.80 basis points, and in the last 12 months, it increased 159.60 basis points.
Australian household spending was flat month-on-month in August 2026, following a 1.1% increase in the prior month and ending three consecutive months of growth. Spending continued to rise on transport (2.3% vs 0.5% in July), hotels, cafes and restaurants (0.8% vs 1.1%), and miscellaneous goods and services (0.3% vs 1.3%). However, these gains were offset […]
The yield on the US 10-year Treasury note strengthened above 5.2% on Tuesday, approaching its highest levels since 2002 as markets anticipated further Federal Reserve tightening to combat energy-driven inflation linked to persistent US-Iran uncertainty. Markets are currently pricing in roughly a 70% probability of a Fed rate increase in October. Oil prices extended their […]