Economic news moving markets.

China’s GDP growth edges up to 4.5% in third quarter of 2026

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%.

UK inflation climbs to 3.5% in September on fuel price surge

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.

French yield surge revives old fears over bank-sovereign debt links

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.

BOJ’s Himino says inflation nearly at 2% target, flags upside risks

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 10-year yield climbs to 7.44% as Brent nears $112

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.

PBoC switches policy-rate anchor to overnight repo, yuan view unchanged

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.

Oil surges past $110 as Hormuz mine blast and tanker strikes multiply

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.

RBA deputy chief flags worse-than-expected inflation ahead of November vote

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.

Economists tip BOJ to wait until December for 1.50% rate move

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.

Euro slips below 1.1250 as French unrest and fiscal risk weigh

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.

Japan’s exports grow 16.7% in September, missing forecasts

Japanese exports climbed 16.7% from a year earlier in September, a 13th consecutive monthly gain but below the 20.1% rise economists had expected, according to Ministry of Finance data.

Norway’s September gas output slides 12.6% as maintenance wraps up

Norwegian gas production fell 12.6% from August to 298.4 million cubic meters daily in September, the Norwegian Offshore Directorate reported, as seasonal maintenance tapered off before the European winter heating period.

Bessent says France’s bond turmoil unlikely to spread to other markets

US Treasury Secretary Scott Bessent said he does not expect the unrest in France's bond market to spill over elsewhere, even as the country's debt has lagged peers amid political turmoil.

China’s GDP grows 4.5% in third quarter, edging past expectations

China's economy expanded 4.5% year-on-year in the third quarter, a slight acceleration helped by strong exports, even as domestic consumer demand stayed weak.

German PPI jumps 6.7% y/y in September, fastest since March 2023

Germany's producer price index rose 6.7% year-on-year in September, above the 6.2% forecast and up from 4.6% in August, as energy costs pushed wholesale inflation to its highest level since March 2023.

German ZEW sentiment falls to 28.1 in October, below forecasts

German investor confidence weakened more than expected in October, with the ZEW Economic Sentiment index dropping to 28.1 from 34.7, missing the 32.0 forecast. The euro briefly weakened against the US dollar before recovering.

BoJ expected to hold rates, lift inflation outlook at October meeting

Four people familiar with the Bank of Japan's deliberations told Reuters the central bank will keep interest rates unchanged and modestly raise its inflation forecast at its October policy meeting.

Alberta voters reject separation push, back staying in Canada

Early results from Alberta's 10-question referendum show more than 76% of voters chose to keep the oil-rich province in Canada, against 23% who backed starting a formal separation process.

USDA rolls out $8 billion diesel aid package for farmers

The US Department of Agriculture will hand out $8 billion in one-off diesel payments to farmers before this year's harvest, as pump prices for diesel hold above $6 a gallon.

Asian LNG prices top $30 per mmBtu after Red Sea tanker attack report

Spot liquefied natural gas prices in Asia climbed above $30 per million British thermal units, the highest level since December 2022, after a reported attack on an LNG tanker near Yemen renewed concerns over Middle East shipping.