Central Banking Watch: Australia’s Reserve Bank is signaling a hawkish path to crush inflation, with economists now watching jobs data ahead of the Sept 28-29 decision. China Rates: China kept benchmark lending rates unchanged for the 16th month, underscoring limited room for new easing as credit demand stays weak. India Growth Upgrade: Moody’s lifted India’s real GDP growth forecast to 7% for 2026-27, pointing to stronger domestic demand and investment resilience. Oil & Macro Risk: Oil stayed elevated as Asian demand and speculators supported prices, while commentary argues China’s energy buffer has helped prevent a worse spike tied to the Iran conflict. FX/Policy Spillovers: Standard Chartered expects the dollar to regain ground near term as the Fed stays tighter and U.S. yields remain elevated. Rates & Housing: Markets are debating whether mortgage rates can fall toward 6% or risk climbing toward 8% if spreads widen and yields stay firm. Banking Liquidity: India’s FCNR(B) maturity wall looms from 2027-2031, raising the stakes for bank liquidity management. Corporate Stress Test: Volkswagen warned of a €10bn profit hit as China and restructuring costs bite. Crypto Momentum: Bitcoin pushed above $80k and Ethereum hit its highest level since January, while Coinbase’s CEO trimmed his BTC target range for 2030. AI in the Real Economy: Intel said it can supply only about half the CPU demand tied to AI inference, highlighting supply constraints as a near-term market driver. Energy Transition Costs: UK heat-pump economics look more favorable as gas prices jump faster than electricity, while fixed energy deals in the UK are shrinking ahead of winter. Housing Downturn Signal (AU): Australia’s housing listings surge is flagging higher-risk corridors for deeper price falls.