國際油價走低，WTI原油日內跌超2.00%，現報93.31美元/桶；布倫特原油向下觸及98美元/桶，日內跌1.74%。

JP Morgan sees upside risk to South Korea rates and expects the Bank of Korea to hike in Nov, Feb and May to a terminal 3.75%, above economists’ median of 3.5%. The bank forecasts Korean GDP growth of 3.8% this year and 3.3% next year and says a semiconductor boom could boost investment, exports, wages and domestic demand. JP Morgan expects the Bank of Korea to hold rates at 3% on Oct. 22 but warns stronger domestic demand and persistent core inflation could push the terminal rate above 3.75%.

ANZ expects the Reserve Bank of Australia to raise rates by 25 bps in September and again in November.