Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears 
Iran Tightens Grip on Strait of Hormuz as Oil Prices Surge 
UK Wage Growth Slows to 3.6% as Inflation Pressures Complicate Bank of England Outlook 
Foreign Investors Drive Surge in Japanese Stocks Amid AI Rally and Improved Risk Sentiment 
USDA Plans to Expand Farmer Surveys to Improve Crop Report Accuracy 
New Zealand Labour Backs India Free Trade Deal, Boosting Chances of Parliamentary Approval 
Australia Bans Card Payment Surcharges Starting October 2025 
Singapore Tightens Monetary Policy Amid Middle East War Inflation Risks 
New Zealand Economy Faces Short-Term Pressure but Recovery Remains on Track 
Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- China: Consumer price inflation grew 0.4 percent in September, up 1.6 percent from a year ago. Producer price inflation up 6.9 percent y/y.
Upcoming:
- Spain: Deadline to clarify on Catalonia Independence ends today.
- Eurozone: Trade balance report for August will be published at 9:00 GMT.
- United States: New York empire state manufacturing report will be published at 12:30 GMT.
- Canada: Bank of Canada will release business outlook survey report at 14:30 GMT.
- New Zealand: Consumer price inflation report for the third quarter will be released at 21:45 GMT.
- Auction: The UK will auction 10-year bond today.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
