China's State Administration for Market Regulation (SAMR) has issued more than 150 national standards this year to support its blue-sky, clear-water and clean-soil campaign, with over 80% designated as mandatory. Areas covered include greenhouse gas emissions, Yellow River basin water-use quotas and green mine construction. SAMR says in excess of 100 of these standards have been implemented this year and it will continue to push formulation and implementation of green-development standards.

Shanghai Gold Exchange gold T+D on Oct. 16 (Friday) closed up 1.29% at 901.07 yuan/gram; silver T+D closed up 2.58% at 14,025 yuan/kg.

MSCI warned it may adjust Indonesia's equity market classification, stoking market concern that Indonesia could lose emerging-market status and prompting foreign capital outflows that are weighing on the rupiah. CITIGROUP now expects Bank Indonesia to raise the policy rate 50bp to 6.25% at the Oct 21 meeting, revising a prior no-change call. Economist Helmi Arman said a pre-emptive hike could prevent equity outflows from spilling into the bond market and triggering domestic investor sell-offs. UOB economists Lavanya Venkateswaran and Ahmad Enver see a 25bp hike next week, versus their earlier forecast for December. September inflation rose to 3.28% (three-month high) and is approaching the top of the central bank's target band, leaving Bank Indonesia to weigh the trade-off between tightening and holding rates steady.