China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
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.
