News

The bid-to-cover ratio for Japan's 2-year government bonds was 3.89, higher than the 2.97 achieved in the previous issuance in August.

At the close of the morning session, most domestic futures contracts rose, with TSR20 rubber and regular rubber rising over 4%, polyvinyl chloride (PVC) and synthetic rubber rising over 3%, and soybean meal, styrene (EB), benzene, propylene, rapeseed meal, rapeseed oil, and alumina rising over 2%. On the downside, apples and low-sulfur fuel oil (LU) fell over 2%, cotton, container shipping to Europe, ethylene glycol (EG), and nickel fell over 1%, and cotton yarn and asphalt fell nearly 1%.

Axis Bank in India will offer Apple Pay to its Indian credit card customers.

Australia's S&P/ASX 200 index rose 1% to 8,794.50 points, its highest level since September 11.

Counterpoint predicts that Apple's iPhone Duo will sell 6 million units this year.

Australian Treasurer: While inflation is higher than we would have liked, it remains significantly lower than it was earlier this year and well below what it was when we took over.

Australian Treasurer: The latest data from the Australian Bureau of Statistics (ABS) shows that the annual headline inflation rate rose as expected in August, but core inflation remained stable. This data confirms that the main factor influencing August inflation was rising global oil prices.

California Governor Gavin Newsom: I just signed a series of bills aimed at accelerating housing construction, cutting unnecessary cumbersome regulations, expanding housing options, and helping homeless Californians access rehabilitation-focused housing. We will continue to push for more affordable housing construction statewide.

Local officials say Russian airstrikes in the Kyiv region of Ukraine have injured three people and killed one.

Australia's S&P/ASX 200 index rose 0.5% to 8,749.50 points after inflation data was released.

Australia's seasonally adjusted CPI rose 3.9% year-on-year in August, down from 3.5% previously.

Australia's seasonally adjusted CPI rose 0.7% month-on-month in August, compared with 0.6% in the previous month.

Australia's seasonally adjusted private building permits annual rate was 18.4% in August, compared with 6% in the previous month.

Australia's seasonally adjusted building permits annual rate was 10.3% in August, compared with 9% in the previous month.

Australia's private sector lending rate rose 8.4% year-on-year in August, up from 8.40% previously.

The Hang Seng China Enterprises Index (HSI) opened down 129.69 points, or 0.53%, at 24,393.88 on Wednesday, September 30. The Hang Seng Tech Index opened down 17.38 points, or 0.41%, at 4,232.24 on Wednesday, September 30. The Hang Seng China Enterprises Index (HSCEI) opened down 42.88 points, or 0.52%, at 8,135.93 on Wednesday, September 30. The Hang Seng Red Chip Index (HSC) opened down 25.01 points, or 0.62%, at 4,032.25 on Wednesday, September 30.

China's official manufacturing PMI for September and Australia's unadjusted CPI year-on-year rate for August will be released in ten minutes.

Faraday Future (FFIE.O) has announced more details about its “Made in the USA” acceleration plan and has initiated a conditional approval process. The company plans to launch new robot products in the first quarter of 2027. FF Robotics will merge with AIXC and plans to go public independently.

Euro Stoxx 50 futures rose 0.5%, German DAX futures rose 0.5%, and UK FTSE futures rose 0.4%.

Australia's S&P/ASX 200 index opened 9.70 points higher, or 0.11%, at 8719.00 on Wednesday, September 30.