At the IMF and World Bank annual meetings, policymakers pushed back on market pricing for easier policy and tied the pressure on rates to the cash demands of the AI build-out.
A multi-day selloff in semiconductors and AI infrastructure names eased as investors rotated out of technology and bought the dip.
American crude broke above $100 on Friday and reached levels not seen in a month, while US Central Command said it has blocked $25 billion of Iranian oil exports.
Treasury figures for fiscal 2026 show a shortfall $217 billion larger than the year before, with interest costs supplying more than half of the increase.
Kyiv has restarted attacks on Russian energy infrastructure after telling Washington it was finished with the diesel truce, and the White House denies disrupting its satellite service.
The ten-year note yield slipped to 5.075% as traders pushed their expectations for the next Federal Reserve rate rise out to December.
Japan’s central bank governor struck a hawkish tone in Bangkok, and brokerages now expect the next increase in December with more tightening to follow.
The Fed chair told the IMF meeting in Bangkok that the world had broadly conformed to the central bank’s expectations, declined to steer expectations for this month’s decision, and moved markets with his remarks on artificial intelligence instead.
The LSEG/Ipsos sentiment index dropped to 45.2 in October and the Conference Board’s CEO gauge fell to 46, below the level that marks pessimism.
A hunger strike at a privately run Georgia detention centre entered a second week as members of Congress pressed for investigations into conditions at other facilities.
Imported goods inflation came in above forecast while manufacturing production and capacity use both improved, leaving the hard data pointing in two directions at once.
The People’s Bank of China said it will keep opening its financial markets to foreigners, on the same day a US Treasury delegation raised market access for Mastercard and Citigroup.
Financiers are saying publicly that the debt funding data centres and chips looks disconnected from what customers are paying, and CoreWeave’s shares fell again on Friday.
Economists polled before Friday’s release expected core prices to pass the central bank’s 2% goal, as Governor Kazuo Ueda said the timing of the next move would turn on the Middle East, AI demand and the exchange rate.
The commerce secretary has resisted significant cuts to tariffs on Mexican steel, aluminium and vehicles, slowing a deal that officials say is not at an impasse.
The Japanese group is considering buying Allied Universal as Masayoshi Son looks for places to deploy AI-powered robots, and as its own borrowing costs rise.
Rising mortgage rates cut into September sales as construction starts edged higher, and the Bank of Canada faces a pivotal decision at the end of the month.
BBC Verify counted 12 vessels struck in a single week in data from a UK maritime agency, and US crude traded near $98 as traders weighed further supply disruption.
The European Central Bank has authorised the Italian bank to cross the 30% shareholding threshold in its German rival, UniCredit said on Thursday.
Beijing has put forward draft rules that would license exports of advanced artificial-intelligence models, AI agents and chip-design technology, and says the policy is not aimed at any country.
The Washington Post reported the donor list for the project, which includes large technology companies and executives with business before the administration.
Candidates in both parties are running against data-centre development, companies are offering money and guardrails to communities, and BlackRock’s chief executive warns that a construction ban would carry a macroeconomic cost.
The Philippine government condemned comments by China’s ambassador in Manila, while Beijing’s defence ministry said it would act to deter what it called sabotage in the disputed waters.
Elon Musk showed the long-delayed car at a SpaceX test site in Texas, days after a report that a merger of the two companies could be weeks away.