Economic news moving markets.

India’s 10-year bond yield hits 7.46% as crude oil rally stokes hike fears

India's benchmark 2036 government bond yield climbed to 7.4596% from 7.4427% a session earlier, after Brent crude surged to $112.50 a barrel, deepening expectations of additional Reserve Bank of India policy tightening.

Gulf oil exports near pre-war levels, but Saudi attacks keep risk alive

Crude flows out of the Persian Gulf have climbed back close to levels seen before regional conflict disrupted trade, yet fresh attacks in Saudi Arabia underline that the recovery remains fragile.

US orders non-emergency staff to leave Saudi Arabia, oil rises

The US State Department has ordered non-emergency government employees and their families out of Saudi Arabia, citing security concerns tied to the conflict with Yemen's Houthi movement. Oil prices rose on the news.

Pentagon and Israel finalise Iran strike options for post-midterm window

US and Israeli forces have mapped out a brief, forceful wave of potential strikes on Iran, timed for once Pentagon deployments to the Middle East wrap up in early November, according to a New York Times account citing American officials.

Tesla profit tops forecasts on margin, cash flow surge; revenue edges lower

Tesla's third-quarter adjusted profit of $0.48 a share beat the $0.44 consensus, helped by a wider gross margin and surprise positive free cash flow, even as total revenue of about $28.05 billion slipped just under the roughly $28.13 billion expected.

Dalio sees US bond bear market far from over as supply overwhelms demand

Bridgewater founder Ray Dalio says the sell-off in US Treasuries is still in its early-to-middle stage, with roughly $32 trillion of marketable debt outstanding and foreign buyers pulling back, a dynamic he argues will keep pushing yields higher.

Meta beats Q3 sales and EPS forecasts, but legal charge hits profit

Meta Platforms reported third-quarter earnings of $3.83 per share and revenue near $64.6 billion, both ahead of forecasts, while a $9.9 billion legal charge pulled operating profit far below expectations.

New Zealand inflation cools to 3.7% in Q3, undershoots 3.8% estimate

New Zealand's yearly consumer price growth eased to 3.7% in the third quarter, down from 4.1% and short of both the 3.8% consensus call and the RBNZ's own 3.9% forecast, pushing the New Zealand dollar lower against the greenback.

South Korea’s central bank keeps rate at 3% after two straight hikes

The Bank of Korea left its policy rate unchanged at 3.00% on Thursday, taking a breather following consecutive increases in July and August, while elevated inflation and surging chip exports keep a further move on the table.

Standard Chartered hikes copper and zinc forecasts, trims aluminium

Standard Chartered has raised its 2026-2027 price outlook for copper and zinc on persistent supply tightness, while cutting its aluminium forecast as Gulf output rebounds faster than expected.

Arctic shipping lane carries nearly 50% more Russian oil this season

Russia has rerouted growing volumes of crude and LNG toward Asia via the Northern Sea Route as conflict-driven disruptions squeeze traditional Gulf shipping lanes. Arctic cargo bound for Asia this season already runs almost 50% above last year's level.

China’s CSI 300 slides into bear market, down 20% from June top

China's CSI 300 benchmark has shed 20% since its June high, tipping into bear-market territory on Thursday after ten consecutive weekly losses. The gauge, covering the biggest Shanghai- and Shenzhen-listed firms, slipped over 1% that day and nearly 3% on the week.

Iran’s floating oil storage nearly empty as US naval blockade persists

Iranian crude held in floating storage has fallen to under 1 million barrels by mid-October, down from roughly 150 million barrels before Washington's blockade began in April, according to Kpler data.

Silver slides over 3% on Thursday, closing in on year-to-date low near $54.77

Silver (XAG/USD) fell more than 3% on Thursday, dropping below $56.00 as a rally in oil prices pressured precious metals and put the year-to-date low at $54.77 back in view.

Philippine central bank raises key rate 50bp to 5.5%

The Bangko Sentral ng Pilipinas hiked its benchmark interest rate by 50 basis points to 5.5% on Thursday, a move twice as large as economists had expected, as it continues to fight inflation driven by high fuel prices.

Aussie dollar jumps to multi-week high as RBA hike bets surge

AUD/USD rose to its strongest point since late September after RBA Deputy Governor Andrew Hauser said price pressures looked "materially worse" than anticipated, according to Commerzbank's Norman Liebke, as traders sharply lifted hike expectations.

Japan’s 10-year bond yield touches lowest point since September 9

Japanese government bond yields eased across maturities as traders sought safety ahead of the Bank of Japan's upcoming policy decision, with the 10-year note falling 1 basis point to 2.88%.

Dollar Index slides to three-week low near 101.45 as yields ease

The US Dollar Index fell to a fresh three-week low around 101.45 as 10-year Treasury yields dropped 0.7% to near 5.07%, pressured by weaker housing data.

Bank of Korea pauses at 3% after two straight hikes

South Korea's central bank left its benchmark rate at 3.00% on Thursday, taking a breather after back-to-back increases in July and August. The call matched the view of all 34 economists polled by Reuters.

Saudi Arabia’s oil production falls to all-time low as shipments rebound

Saudi Arabia's crude exports rose 7.9% in August to 4.451 million barrels per day, a five-month high, even as the kingdom's oil production dropped to an unprecedented 6.24 million bpd, JODI data show.