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First published 10 October 2026

Indian bonds fall for eighth week as central bank raises rates and shifts stance

Indian government bonds fell for an eighth consecutive week, with the benchmark 10-year yield ending Friday at 7.2994%, as the Reserve Bank of India raised its repo rate by 25 basis points to 5.50% and shifted to calibrated tightening.

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First published 10 October 2026

Wall Street indexes rise as 10-year Treasury yield reaches 5.24%

The S&P 500 and Nasdaq composite each rose 0.6% on Friday and the Dow gained 0.8%, while Brent crude settled at $104.72 a barrel and the 10-year Treasury yield climbed to 5.24%.

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First published 10 October 2026

China-EU deal could more than halve Chinese hybrid car exports to the bloc

European Trade Commissioner Maros Sefcovic said China and the EU reached a deal that could cut Chinese hybrid car exports to the bloc by more than half, while European carmaker shares broadly rose after the announcement.

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First published 10 October 2026

Canada loses 68,300 jobs in September as unemployment rises to 6.5%

Canada lost 68,300 jobs in September against economists' expectations for a gain of 9,200, erasing its net employment gains for the year after August's decline and pushing unemployment to 6.5%.

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First published 10 October 2026

U.S. stock indexes rise as 10-year Treasury yield reaches 5.24%

The S&P 500 and Nasdaq composite each rose 0.6% on Friday and the Dow gained 0.8%, while the 10-year Treasury yield climbed to 5.24% as elevated borrowing costs and volatile oil prices continued to weigh on markets.

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First published 10 October 2026

OpenAI projects annualized revenue of at least $70 billion by end of 2026

According to Bloomberg reporting cited in the article, OpenAI told investors it expects annualized revenue to reach or exceed $70 billion by year-end, primarily driven by its enterprise business, up from about $50 billion at the end of September.

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First published 10 October 2026

Financial Stability Board urges stronger emergency funding for failing banks

The Financial Stability Board urged authorities to strengthen emergency funding for failing banks after finding that fewer than half of jurisdictions had arrangements that were clearly defined, sufficiently large and capable of rapid deployment.

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First published 10 October 2026

US consumer sentiment falls further as inflation expectations rise

The University of Michigan's consumer sentiment index fell from 48.1 in September to 46.3 in early October, while consumers' one-year inflation expectations rose to 4.7% and five-year expectations increased to 3.5%.

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First published 09 October 2026

Nvidia-Backed Firmus Withdraws Australian Listing Application

Data-centre developer Firmus withdrew its application to list on the Australian Securities Exchange and will seek private funding instead, with its board citing market volatility and offering terms it said did not reflect the business's strength.

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First published 09 October 2026

Delta Air Lines Lowers Full-Year Adjusted Earnings Outlook

Delta Air Lines reported third-quarter earnings of $1.72 per share and lowered its full-year adjusted earnings outlook to $5.10–$5.60 per share from $6.50–$7.50.

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First published 09 October 2026

U.S. 30-year mortgage rate rises to 7.40%, its highest in nearly three years

The average U.S. 30-year fixed mortgage rate rose from 7.28% to 7.40% in its seventh consecutive weekly increase, reaching the highest level in Freddie Mac's benchmark since November 16, 2023.

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First published 09 October 2026

Fed's Musalem says further rate increases are needed to reach inflation target

St. Louis Fed President Alberto Musalem said further interest-rate increases would be needed to return inflation to the 2% target but declined to say whether policymakers should raise rates at their October meeting.

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First published 09 October 2026

Tech and chip stocks fall as OpenAI revenue reports fuel AI spending concerns

Technology shares led stock-market losses as reports about OpenAI's revenue intensified concerns over the sustainability of AI spending, with the Nasdaq 100 falling 1.5% and a gauge of major chipmakers dropping 3.7%.

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First published 09 October 2026

European industry groups urge urgent EU action on Chinese trade practices

Forty-four European industry associations urged EU members to act against what they described as unfair Chinese trade practices threatening manufacturing and jobs, ahead of a summit addressing the growing trade deficit with China.

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First published 09 October 2026

Fed's Musalem Says Further Rate Increases Are Needed to Reach Inflation Target

St. Louis Federal Reserve President Alberto Musalem said further interest-rate increases would be needed to return inflation to the 2% target, while saying he had not prejudged the decision at the late-October meeting.

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First published 09 October 2026

Stocks fall as rising oil prices fuel inflation and rate-hike concerns

Brent crude rose to around $104, unsettling bonds as investors worried about inflation and further Federal Reserve rate increases, while chipmaker losses helped push the S&P 500 lower for a second consecutive session.

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First published 09 October 2026

WTO raises global merchandise trade growth forecast to 3.9%

The World Trade Organization raised its forecast for this year's global merchandise trade growth from 1.9% to 3.9%, saying AI infrastructure investment and supply chain adaptation helped offset disruptions from the Middle East war.

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First published 09 October 2026

Fed's Waller sees likely need for more rate hikes, with flexible timing

Federal Reserve Governor Christopher Waller said further interest-rate increases would likely be needed to return inflation to 2%, but said the timing was flexible, leaving open a pause at the October meeting.

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First published 09 October 2026

France seeks to reassure investors amid bond-market tensions

Finance Minister Roland Lescure met banks and asset managers in London to reassure them about France's financial outlook and ability to pass its 2027 budget, amid bond-market tensions and signs that some Asian funds are turning away.

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First published 09 October 2026

Fed's Waller says more rate hikes likely needed, with flexibility on timing

Fed Governor Waller said additional rate increases would likely be needed to bring inflation back to 2%, but hikes at consecutive meetings were unnecessary and there was room to skip October.

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First published 09 October 2026

Fed's Waller sees likely need for more rate hikes but flexibility on timing

Federal Reserve Governor Christopher Waller said further rate increases would likely be needed to bring inflation back to the 2% target, but said hikes need not occur at consecutive meetings, leaving room for an October pause.

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First published 09 October 2026

ECB policymakers signal no rush to raise rates as energy drives inflation

European Central Bank policymakers signaled they would not rush into further rate increases despite high inflation, saying the price surge was driven by energy costs and secondary effects were very small.

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First published 09 October 2026

Dollar nears 18-month high as euro weakens

The dollar approached an 18-month high after Fed minutes emphasized inflation risks, while rising oil prices and eurozone bond yields weighed on the euro and concerns over French finances pressured the country's bonds.

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First published 09 October 2026

US technology stocks fall as Brent crude rises above $104

Amid uncertainty over the war with Iran, Brent crude rose 4.1% to $104.28 a barrel, while the S&P 500 fell 0.5% and the Nasdaq composite lost 1.3%.

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First published 09 October 2026

IMF warns high energy prices and public debt threaten global economy

IMF Managing Director Georgieva warned that persistently high energy prices, record public debt and risks associated with the AI investment boom threaten the global economy, urging governments to respond through fiscal and monetary policy.

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First published 08 October 2026

Oil rises as shipping attacks in Gulf and Strait of Hormuz raise supply concerns

Oil prices rose amid increased ship attacks in the Gulf and Strait of Hormuz and a hurricane threatening US offshore oil production, with Brent gaining 2.28% to $102.28 a barrel.

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First published 08 October 2026

French bond investors demand sharply higher rates amid debt crisis concerns

Investors in French government bonds are demanding sharply higher interest rates, a development that also signals caution for other heavily indebted countries.

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First published 08 October 2026

Economists expect ECB rate hike in December, Reuters poll finds

Economists in a Reuters poll expected the European Central Bank to hold its deposit rate at 2.50% this month and raise it by 0.25 percentage points in December, as euro zone inflation reached 3.8% in September.

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First published 08 October 2026

Brent rises to $101.53 as Gulf shipping attacks fuel supply concerns

Brent crude rose to $101.53 a barrel in early trading on October 8 as increased attacks on ships in the Gulf and Strait of Hormuz heightened supply concerns.

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First published 08 October 2026

IMF chief urges faster action on debt reduction and AI regulation

IMF Managing Director Georgieva urged countries to accelerate debt reduction and action on widening inequality, warning that lower-than-expected returns on heavy AI investment could trigger a broad financial shock.

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