After a sharp sell off that marked the FTSE 100’s worst week since April, London stocks steadied on Monday as mining shares and an oil sector deal helped calm investors while gilt yields and rate expectations remained in focus.
The federal government raised petrol by Rs2.10 and high speed diesel by Rs0.30 per litre for the October 3 to October 5 pricing window, underscoring the shift to a daily fuel pricing mechanism and heightening concerns about spillover effects on transport costs, inflation and industry operating margins.
With the Reserve Bank of India meeting on October 5, economists and market strategists say the central bank is poised to begin a rate hiking cycle, a shift that could reshape bond yields, equities, and the rupee.
Beijing this week rolled out a package of central bank rate cuts, expanded low cost relending quotas and the first nationwide commercial mortgage interest subsidy for eligible first time buyers, aiming to stabilise the property sector and lift consumption during Golden Week.
A much weaker than expected September payrolls print and downward revisions to earlier months sent U.S. equity indexes higher and knocked down traders expectations for an October Federal Reserve rate increase, reshaping market positioning across equities, Treasuries and rate-sensitive sectors.
Average UK diesel prices have topped 200 pence per litre for the first time, intensifying pressure on ministers and prompting G7 countries to agree co ordinated releases of oil and diesel reserves. The move aims to calm markets but offers only limited near term relief for households and businesses in the United Kingdom.
The Pakistan Energy Exhibition and Conference in Karachi, which runs October 1 to 3, 2026, drew a stronger-than-expected turnout on its final day as local firms, regional suppliers and international delegations signalled renewed investment appetite for renewable generation, grid modernization and domestic manufacturing of energy equipment.
Gross Goods and Services Tax collections rose to Rs 2,03,521 crore in September 2026, up 14.7 percent year on year, as import-linked levies surged nearly 26 percent while domestic GST growth remained in the low double digits.
State refiners halted shipments beyond Hong Kong and Macau ahead of Golden Week, with PetroChina cancelling several October cargoes. Traders said the move has already pushed oil product prices higher and tightened supply in Asia and beyond.
Micron reported record fiscal fourth quarter revenue and profit and issued guidance well above Street estimates, underpinning a fresh wave of optimism for U.S. memory suppliers and prompting broader market reassessments of inflation and rate odds.
The Office for National Statistics revised second quarter GDP up to 0.5 percent on September 30, 2026, citing stronger business investment and rising real household disposable income. The upgrade narrows the current account deficit and positions the UK as the fastest growing G7 economy in the first half of 2026.
A visiting IMF team has begun formal review talks in Islamabad. Pakistan says it expects roughly $1.2 billion under two IMF facilities if the review concludes successfully, while the Fund is pressing for progress on sovereign wealth fund governance and procurement reforms.
The Reserve Bank of India has net sold Rs1 trillion of government debt so far in the current fiscal year, the largest annual net sale in more than a decade. The move is draining surplus rupee liquidity, pressuring government yields and increasing the likelihood of an interest rate rise at the upcoming policy meeting.
China’s central bank supplied hefty short term cash to markets on September 28 as quarter end and the week long National Day holiday approach, combining overnight, seven day and 14 day reverse repos to smooth money market strains even as net liquidity was modestly withdrawn after accounting for maturing facilities.
The Union Cabinet approved a formal shift to composite caps for foreign investments, collapsing different foreign holding categories into a single sectoral ceiling. Officials and market participants say the move is intended to reduce regulatory friction and speed foreign capital flows into manufacturing, insurance and other strategic sectors.