Fed chair Kevin Warsh said the Fed will meet several more times this year and those meetings will be key moments.

China's Ministry of Finance will issue the fifth tranche of the 2026 yuan sovereign bond in Hong Kong on Oct. 23, size 15.5 bln yuan. Specific issuance details will be posted on the Hong Kong Monetary Authority's Central Moneymarkets Unit (CMU).

Prudential Financial and TIAA surveys show US retirees are pulling back on discretionary spending: Prudential finds more than 60% of retirees with $500k+ in investable assets say they avoid spending on enjoyment, and a TIAA survey of 1,000 people found over half cite outliving savings as their top retirement worry. Respondents point to rising costs—particularly healthcare, which takes an increasing share of retiree budgets—and greater longevity. Social Security benefits may face a roughly 22% reduction within six years, adding uncertainty to retirement cashflow planning. Wealth advisers say some financial strategies and products can help ease retirees’ spending anxiety.