Market Overview The Australian dollar has climbed above US$0.70, reaching a more than three-week high as hawkish comments from the Reserve Bank of Australia (RBA) strengthen expectations of another interest rate increase. Markets are increasingly focused on persistent inflation, elevated oil prices and the possibility that policymakers will need to tighten monetary policy further to […]
Market Overview US heating oil futures have climbed towards $5 per gallon, moving closer to the record high reached in mid-September as falling distillate inventories and escalating geopolitical risks reinforce concerns over fuel availability. The market is balancing tighter US stockpiles and threats to critical Middle East shipping routes against the possibility that additional Russian […]
Japan’s trade deficit widened significantly to JPY 536.6 billion in September 2026 from JPY 277.7 billion in the same month a year earlier, exceeding market expectations of a JPY 181.0 billion shortfall and marking a fifth consecutive monthly deficit. The deterioration came as imports outpaced export growth. Imports rose 18.9% year-on-year to JPY 11,508.8 billion, […]
Australia’s 10-year government bond yield held around 5.2%, trading close to multi-week lows as investors continued to assess developments on the monetary policy outlook. RBA Deputy Governor Andrew Hauser said tighter monetary policy was working, but warned that the inflation outlook remained “materially worse” partly due to elevated oil prices. Hauser stressed the need to […]
US natural gas prices are attempting to recover from a four-week low, edging up to $2.97 per MMBtu as stronger liquefied natural gas (LNG) export flows and declining domestic production provide support. However, the recovery faces a significant obstacle: unusually mild weather is expected to persist through late October, limiting both heating and cooling demand, […]
The Japanese yen remains under pressure near 158.2 per US dollar as slower export growth and Japan’s persistent interest-rate disadvantage limit the currency’s recovery. Exports increased for a 13th consecutive month in September, supported by demand for semiconductors and artificial intelligence-related products, but the pace of growth was the weakest since April and fell short […]
The Indonesian rupiah is extending its recovery for a third consecutive session, trading near IDR 17,970 per US dollar as a weaker greenback, softer US Treasury yields and lower crude oil prices improve conditions for emerging-market currencies. Attention is now turning to Bank Indonesia’s latest policy decision, with markets widely expecting the central bank to […]
Global markets enter the week facing a volatile mix of technology-sector uncertainty, rising energy prices, sovereign bond demand and political risks across Europe. US equities have come under sharp selling pressure as investors reassess the sustainability of the artificial intelligence (AI) boom, while government bonds have attracted safe-haven flows. Brent crude has surged towards $110 […]
The UK economy is showing signs of short-term labour-market resilience, with payrolled employment increasing by 13,000 in September 2026 and unemployment falling to 4.7% in the three months to August. However, the improvement in monthly hiring contrasts with a 0.2% annual decline in payroll employment, highlighting the uncertainty surrounding the strength of the economic recovery. […]
The Indonesian rupiah is extending its recovery, hovering near IDR 18,000 per US dollar as softer dollar conditions provide support ahead of the latest Bank Indonesia (BI) policy decision. Markets are widely expecting the central bank to leave interest rates unchanged for a fourth consecutive month, while policymakers continue efforts to stabilise the currency amid […]