State Bank of Pakistan said inf may remain in double digits for the coming months, then gradually ease.

XTB analyst Kathleen Brooks said a US‑Iran peace agreement to end the Middle East conflict and reopen the Strait of Hormuz would pressure oil prices lower and ease inflation risks. The development arrives ahead of the Bank of England's rate decision; investors broadly expect the policy rate to remain at 3.75%. Markets will watch voting splits and BoE communication for signals on future moves. London Stock Exchange data shows markets have fully priced a 25bp hike in December.

Market debate over 'deposit migration' continues in 2026. Several institutions projected a concentrated maturity of long-term time deposits this year of roughly 30–70+ trln yuan. Industry sources say Q2 data show little or only small-scale migration to date. The A-share market shows a structural bull trend but periodic pullbacks that dent investor appetite, so the scale of any deposit outflow is smaller than many forecasts and its market impact is limited.