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Friday, 23 October 2026

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Economy

China exports surge 25% in August, trade surplus widens

China's overseas shipments picked up momentum in August, continuing to serve as a crucial pillar for an economy contending with weak home demand and global trade uncertainties. Customs figures issued on Tuesday showed e…

WTI slips below $90.50 despite rising Middle East supply risks

West Texas Intermediate (WTI) oil price edges lower and is trading around $90.40 per barrel during Asian hours on Tuesday. However, crude oil prices may regain ground as Iran vowed to strike energy infrastructure across…

Pound Sterling's rate advantage buys it no say this week

GBP/USD holds just under 1.3550 after a Monday that covered 42 pips with American desks shut for Labor Day. The week that follows is not that. Pound Sterling carries the higher policy rate of the two, the larger tighten…

Indonesian Rupiah: Oil and US inflation pose risks – MUFG

MUFG’s Lloyd Chan warns that upcoming US inflation data could test the recent Rupiah recovery, as firmer US inflation may reinforce elevated US yields and challenge USD/IDR’s break below 17,700. He notes limits to domes…

Vietnam: Inflation and trade trends shape VND – Commerzbank

Commerzbank’s Vietnam update highlights rising inflation and a narrowing trade deficit, with strong manufacturing-led imports and resilient exports. The bank notes elevated CPI and external deficits limit scope for aggr…

Asia FX: Stronger Dollar and Oil weigh on CNY and peers – BNY

BNY’s Geoff Yu highlights that a stronger US Dollar (USD), higher Oil prices and rising global yields are pressuring Asian currencies and assets. Chinese Yuan (CNY) remains relatively resilient but is drawing official s…

A German landslide moved the Euro by nothing at all

EUR/USD holds above 1.1600, seven pips above where Monday opened. The pair has had three chances to move over four sessions and has taken none of them. Both central banks are priced to raise rates this month for the sam…

Japanese Yen: September BoJ decision shapes path – HSBC

HSBC highlights that markets now expect the Bank of Japan (BoJ) to tighten policy more quickly, with overnight index swaps implying about 75bp of cumulative hikes by April 2027 and assigning odds to a move at the 18 Sep…

Equities: AI-led upside and income focus – HSBC

HSBC’s Willem Sels highlights that accelerating AI adoption, resilient growth and broadening earnings are supporting global equities into Q4 2026. The bank has recently added exposure to global stocks, favouring the US …

US Dollar: CPI outcome to steer Fed path – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) weakened on broad Japanese Yen strength before partially recovering as strong US August payrolls revived expectations for a September Fed hike. Hadd…