Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike 
U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session 
IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding 
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy 
BOJ Governor Signals Gradual Rate Hikes as Japan’s Inflation Nears 2% Target 
Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week 
UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile 
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise 
Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks 
Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten 
Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally 
Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand 
Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook 
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched 
According to Statistics Canada's preliminary estimate, retail sales increased by a strong 0.4% month-over-month (m/m) in September. When inflation was taken into account, the gain was even more noticeable, with retail sales volume increasing by 0.8% month over month.
Sales at auto and parts dealers were a weaker sector, declining by 0.7% month over month following two months of improvement. Additionally, overall retail sales were impacted by decreasing gas costs. Although they climbed by 3.2% m/m in real terms, gas station and fuel vendor receipts decreased by 2.3% m/m in nominal terms.
Core retail sales up 1.4% month over month in September, excluding sales of cars and receipts from petrol stations. Strong results in food and beverage stores (+3.0% m/m) and building material and garden equipment stores (+3.0% m/m) were the main drivers of this expansion. Additionally, e-commerce revenues increased by 3.3% month over month after declining by 1.5% the month before.
As the third quarter came to a close, retail sales picked up steam, increasing 3.5% on a quarterly (q/q) annualized basis. Real consumption spending is expected to increase by 1.5–2.0% in the third quarter as a result of this strong finish.
