- Asian stocks rose, tracking Friday's gains in the United States, with optimism about corporate earnings fueling a rise in Japan. The dollar rose as traders began to prepare for a Federal Reserve policy decision.
- Japan, South Korea, and Australia all saw increases in share prices. Apple's earnings report on Friday boosted technology shares, allowing the S&P 500 and Nasdaq 100 to post their longest weekly gains since August. On Monday, the Asian equity index rose for the fourth time in five days.
- The yen fell against all of its G-10 peers, with economists expecting the Fed to raise rates by another 75 basis points this week, widening the policy gap with Japan's central bank. A core measure of US inflation accelerated in September, adding to the case for further tightening.
- After rising by nine basis points on Friday, the 10-year Treasury yield hovered around 4%. In Australia, yields fluctuated ahead of the country's central bank's policy decision on Tuesday.
