China auto industry body CPCA:
- China sold 2.3 mln passenger cars in Sept, up 6.6% y/y
- from a 4.9% increase in August
- Tesla Inc exported 19,287 China-made vehicles in September
China auto industry body CPCA:
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RBA Deputy Governor Andrew Hauser speaks at a Sydney fireside chat on Australia's economic outlook, with markets watching for any signal on the path of rates after a hawkish week for RBA rhetoric.
PBOC sets USD/ CNY reference rate for today at 6.8157 (vs. estimate at 6.7735)
South Korean markets hammered. KOSPI off 6%, won at a 17 year low vs. USD
Japan's finance minister renewed an intervention warning as the yen tested 160 per dollar, while a record drop in May foreign reserves suggests Tokyo may already have acted again.
Fake news? : Trump officials in talks to take government equity stakes in US AI giants Washington wants a slice of the AI boom, and OpenAI's CEO has been quietly making the case for it since early 2025.
PBOC is expected to set the USD/CNY reference rate at 6.7735 – Reuters estimate
Japan fin min Katayama said ready to respond to FX. Yen shrugs it off.
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