China's economy grew 4.5% year-on-year in the third quarter of 2026, slightly faster than the second quarter's 4.3%, the National Bureau of Statistics (NBS) reported. Growth for the first three quarters of the year averaged 4.6%.
Britain's annual inflation rate rose to 3.5% in September, exceeding the 3.4% median forecast from economists polled by Reuters, as petrol and diesel prices jumped sharply. The upside surprise strengthens the case for a Bank of England rate hike next month.
A sharp rise in euro zone government borrowing costs, driven mainly by France, has rekindled investor worries about how closely lenders are tied to their home governments' finances. European bank shares have slid about 10% in six weeks.
Bank of Japan Deputy Governor Ryozo Himino said underlying inflation is close to the central bank's 2% goal and warned that delaying policy changes could let price risks build and hurt the economy. The comments touch USD/JPY.
India's benchmark bond yield rose to its highest since March 2023 after Brent crude approached $112 a barrel, reviving inflation worries. Traders now await the Reserve Bank of India's policy minutes.
China's central bank will base its monetary policy on the overnight reverse repo rate instead of the 7-day tenor, a mostly technical adjustment Commerzbank says was already reflected in markets. The bank maintains its call for steady yuan strength.
Brent climbed above $110 a barrel and WTI topped $99 after a mine explosion near the Strait of Hormuz and a fresh round of tanker and refinery strikes stoked fears of a broader Middle East supply shock.
Andrew Hauser, the Reserve Bank of Australia's second-in-command, told a Sydney investment gathering that price growth is tracking above the bank's own projections, a hawkish signal ahead of next month's rate meeting that could move the Australian dollar.
A Reuters survey finds most economists now expect Japan's central bank to raise its benchmark rate to 1.50% before year-end, but skip its late-October meeting. The timing carries implications for USD/JPY and Japanese bond yields.
EUR/USD fell to around 1.1225 in early Wednesday trading as protests and fiscal strain in France kept investors cautious on the euro ahead of speeches from several European Central Bank officials.