Live blog updates from 9 AM – 12 PM IST on October 14, 2026. All times are in IST.
9:10 AM IST: China’s Producer Inflation Jumps to 5% as Consumer Prices Rise Just 0.9% China’s Producer Price Index (PPI) rose 5% year-on-year in September, accelerating from 3.8% in August and beating Reuters’ 4.5… (3:40 am UTC · Oct 13, 2026, 11:40 pm ET)
China’s Producer Inflation Jumps to 5% as Consumer Prices Rise Just 0.9%
- China’s Producer Price Index (PPI) rose 5% year-on-year in September, accelerating from 3.8% in August and beating Reuters’ 4.5% forecast.
- Statistics bureau official Dong Lijuan attributed the increase mainly to higher international oil and commodity prices.
- Coal mining prices surged 35.3%, contributing to the rise in producer inflation.
- Consumer inflation remained subdued at 0.9%, indicating that higher input costs have yet to translate into comparable consumer-price increases.
- ING said inflation remains comfortably below the 2% target, leaving room for further monetary easing by the People’s Bank of China.
9:29 AM IST: IMF Warns Global Public Debt Nearing 100% of GDP, Urges Action on Deficits The IMF urged advanced economies to act now to rein in budget deficits and public debt, with fiscal outcomes deteriorating mo… (3:59 am UTC · Oct 13, 2026, 11:59 pm ET)
IMF Warns Global Public Debt Nearing 100% of GDP, Urges Action on Deficits
- The IMF urged advanced economies to act now to rein in budget deficits and public debt, with fiscal outcomes deteriorating more than expected, Rodrigo Valdes told Reuters.
- Global public debt is approaching 100% of GDP, its highest level since World War II, according to the IMF.
- The G7’s average 10-year government bond yield rose by more than 110 basis points between February and September, amid higher oil prices, inflation concerns and demand for AI-related investment.
- The IMF warned of a potential “disorderly” spike in bond yields, with nearly 30% of G7 and Spanish government debt maturing within a year.
- The Fund cautioned that delaying fiscal adjustments could make the eventual measures more painful as governments face rising borrowing costs and refinancing pressures.
9:43 AM IST: US September Inflation Expected to Rise as Higher Energy Prices Pressure Fed Economists surveyed by The Wall Street Journal expect US headline CPI to rise 0.6% month-on-month and 3.6% year-on-year in… (4:13 am UTC · 12:13 am ET)
US September Inflation Expected to Rise as Higher Energy Prices Pressure Fed
- Economists surveyed by The Wall Street Journal expect US headline CPI to rise 0.6% month-on-month and 3.6% year-on-year in September.
- Core CPI, excluding food and energy, is forecast to increase 0.2% month-on-month and 2.5% year-on-year.
- Rising energy prices are expected to drive the increase in headline inflation, according to Nuveen’s head of fixed-income strategy, Tony Rodriguez.
- Economists warn that sustained energy-price pressures over the next two quarters could spread to food and other commodities, pushing up broader inflation.
- Even a 0.2% monthly increase in core CPI could keep inflationary pressures elevated and complicate the Federal Reserve’s interest-rate decisions.
10:16 AM IST: Trump Says Large-Scale Oil, Gas and Mineral Exploration Will Begin in Greenland US President Donald Trump said large-scale oil, gas and mineral exploration in Greenland would begin soon. (4:46 am UTC · 12:46 am ET)
Trump Says Large-Scale Oil, Gas and Mineral Exploration Will Begin in Greenland
- US President Donald Trump said large-scale oil, gas and mineral exploration in Greenland would begin soon.
- Trump cited estimates suggesting Greenland holds substantial easily recoverable oil reserves, potentially rivaling major onshore deposits worldwide.
- He described Greenland as strategically important for US and European defence, arguing that potential attacks on the United States could pass through the region.
- Trump said US air defences in Greenland would be positioned to intercept drones, missiles and future weapons, providing advantages in surveillance, response time and positioning.
- The remarks highlight Greenland’s potential importance for both natural-resource development and Arctic security.
10:43 AM IST: ASML Reports €5 Billion Q3 Profit, Forecasts 2026 Sales of Up to €45 Billion ASML reported third-quarter 2026 net sales of €11.7 billion, a gross margin of 57.5% and net profit of €5 billion. (5:13 am UTC · 1:13 am ET)
ASML Reports €5 Billion Q3 Profit, Forecasts 2026 Sales of Up to €45 Billion
- ASML reported third-quarter 2026 net sales of €11.7 billion, a gross margin of 57.5% and net profit of €5 billion.
- The company expects fourth-quarter sales of €14.2 billion to €15.2 billion, with a gross margin of around 57%.
- ASML forecast full-year 2026 sales of €44 billion to €45 billion and raised its gross-margin outlook to approximately 56%.
- The CEO said customers continue to raise short- and medium-term equipment demand forecasts, with some expressing interest in orders for 2029 and 2030.
- ASML expects planned supply for 2027 and 2028 to fall short of customer demand and is exploring ways to increase production capacity by more than 30% by 2028.
11:13 AM IST: US Bond Yields Face 5% Threshold as Rising Fuel Costs Threaten Inflation Outlook BondBloxx strategist Joanne Bianco said US Treasury yields above 5% are not historically abnormal, citing resilient eco… (5:43 am UTC · 1:43 am ET)
US Bond Yields Face 5% Threshold as Rising Fuel Costs Threaten Inflation Outlook
- BondBloxx strategist Joanne Bianco said US Treasury yields above 5% are not historically abnormal, citing resilient economic growth, elevated oil prices and rising government debt issuance.
- Large federal deficits and expanding Treasury supply are pushing investors to demand higher term premiums for holding long-dated US government bonds.
- Fifth Third Bank economist Bill Adams expects September headline CPI to accelerate as rebounding gasoline prices lift consumer inflation.
- Higher diesel prices could drive producer inflation higher by increasing transportation, warehousing and other business costs, while higher fuel costs may also push up airfares.
- Core inflation pressures are expected to remain relatively muted, with housing inflation potentially slowing further. However, persistent energy costs and rising Treasury yields could complicate the Federal Reserve’s inflation and interest-rate outlook.
11:24 AM IST: US September CPI in Focus as Social Security COLA Could Reach 3.5% in 2027 September’s US CPI report will complete the data used to calculate the 2027 Social Security cost-of-living adjustment (COLA),… (5:54 am UTC · 1:54 am ET)
US September CPI in Focus as Social Security COLA Could Reach 3.5% in 2027
- September’s US CPI report will complete the data used to calculate the 2027 Social Security cost-of-living adjustment (COLA), with forecasts pointing to an increase of around 3.5%, up from 2.8% in 2026.
- The adjustment could be the largest in three years. July and August CPI-W readings rose 3.4% and 3.5% year-on-year, respectively.
- Economists surveyed by Dow Jones and The Wall Street Journal expect September headline CPI to rise 3.6% year-on-year.
- RBC BlueBay strategist Mike Bell said November’s US midterm elections are unlikely to be a major market driver, with AI-related trading, inflation and Federal Reserve policy likely to matter more.
- Bell highlighted stabilizing labour-market conditions but warned that rising food and energy costs could increase inflationary pressure, making the CPI report and the Fed’s response key market drivers.
11:36 AM IST: BlackRock Ends Nearly Six-Year Underweight on US Treasuries, Cuts US Equity Rating BlackRock Investment Institute upgraded US Treasuries, ending a nearly six-year underweight stance, as rising yields… (6:06 am UTC · 2:06 am ET)
BlackRock Ends Nearly Six-Year Underweight on US Treasuries, Cuts US Equity Rating
- BlackRock Investment Institute upgraded US Treasuries, ending a nearly six-year underweight stance, as rising yields improved their potential returns.
- The asset manager favours short-term Treasuries, citing attractive income opportunities and the possibility that markets have overestimated expectations for Federal Reserve tightening.
- BlackRock downgraded US equities to neutral and redirected part of its allocation towards US government bonds across different maturities.
- UOB strategist Quek Ser Leang said the US Dollar Index’s upward momentum is weakening, raising the possibility of near-term consolidation or a mild correction.
- UOB said further dollar weakness could bring the index towards its 21-day exponential moving average, currently around 101.50.
11:59 AM IST: Canada Targets Year-End Trade Deal With India, Focusing on Nuclear Energy and Mining Canada is seeking to conclude a trade agreement with India by the end of 2026, with the fifth round of negotiations… (6:29 am UTC · 2:29 am ET)
Canada Targets Year-End Trade Deal With India, Focusing on Nuclear Energy and Mining
- Canada is seeking to conclude a trade agreement with India by the end of 2026, with the fifth round of negotiations beginning on October 5.
- Indian Prime Minister Narendra Modi is expected to visit Canada in December to sign the agreement if negotiations are successful.
- The talks prioritize cooperation in mining and food security, with infrastructure investment and nuclear energy identified as potential areas for expanded trade.
- India’s plans to open its nuclear sector to private companies could create opportunities for Canadian firms to supply uranium, nuclear fuel and technology, and participate in new nuclear projects.
- Canada’s uranium resources and nuclear technology could support India’s plans to expand nuclear power capacity, creating potential opportunities for bilateral investment and long-term commercial partnerships.
11:59 AM IST: Sunil Bharti Mittal Urges Immediate AI Regulation, Warns Against Waiting for Failures Bharti Enterprises chairman Sunil Bharti Mittal urged governments to establish AI regulatory frameworks immediatel… (6:29 am UTC · 2:29 am ET)
Sunil Bharti Mittal Urges Immediate AI Regulation, Warns Against Waiting for Failures
- Bharti Enterprises chairman Sunil Bharti Mittal urged governments to establish AI regulatory frameworks immediately, warning against waiting for serious AI agent failures before taking action.
- He said regulation must be introduced urgently without stifling technological innovation or industry growth.
- Mittal suggested modelling AI oversight on the aviation industry’s globally coordinated regulatory system.
- He highlighted aviation-style standards covering operations, coordination and uniform conduct as a possible framework for AI governance.
- Mittal made the remarks at the Bloomberg New Economy Forum in New Delhi on Wednesday.
Intraday recap covering 9 AM – 12 PM IST. All times are in IST (UTC/ET equivalents in brackets). For real-time updates, visit our Live News Blog.
