Why it matters
- Wednesday, Oct. 14, brings U.S. September CPI at 8:30 a.m. ET and China's September CPI and PPI at 9:30 a.m. Beijing time. U.S. August CPI rose 0.4% for the month and 3.4% from a year earlier.
- Big U.S. banks report Tuesday and Wednesday, and TSMC reports Thursday. China's third-quarter GDP follows on Monday, Oct. 19.
- Markets start the week split. Korea's Kospi fell 3.65% to its lowest close since Aug. 11, while Brent rose about 2% to near $106.82 a barrel.
Analysis: this piece includes our interpretation of the facts reported.
Inflation data from the U.S. and China on Wednesday, Oct. 14, lead a busy week for global markets. The Bureau of Labor Statistics publishes September CPI at 8:30 a.m. ET that day, hours after China's statistics bureau releases its September consumer and producer prices. Big-bank and chipmaker earnings fill the rest of the week.
Monday is quieter in the U.S. It is Columbus Day. The New York Stock Exchange is open, but SIFMA lists Oct. 12 as a U.S. bond market holiday, so Treasury yields below are Friday's. Japan's market is also closed for a national holiday, Trading Economics said.
Where do global markets stand on Monday?
| Market | Latest | Change | As of |
|---|---|---|---|
| Kospi (South Korea) | 6,384.24 | −3.65% | Mon. close |
| Shanghai Composite | 3,797.24 | −0.43% | Mon. close |
| Hang Seng (Hong Kong) | 24,271.20 | +0.25% | Mon. close |
| Nikkei 225 (Japan) | 69,030.92 | −0.02% | Fri. close |
| STOXX Europe 600 | 635.76 | +0.67% | Mon., 12:38 GMT |
| S&P 500 futures | 7,863.50 | +0.05% | Mon., 12:43 GMT |
| U.S. 10-year yield | 5.24% | +0.02 pt | Fri. close |
| Brent crude ($/barrel) | 106.82 | +2.01% | Mon., 12:43 GMT |
| Gold futures ($/ounce) | 4,187.60 | −0.68% | Mon., 12:43 GMT |
| Dollar index (DXY) | 102.39 | +0.17% | Mon., 12:43 GMT |
| USD/JPY | 158.64 | +0.36% | Mon., 12:53 GMT |
Sources: Yahoo Finance chart data; the 10-year yield is the Treasury Department par yield. Changes are against the previous close or settlement. Monday European and futures levels are approximate.
Korea led Asia lower. The Kospi slid as SK hynix fell 3.87% and Samsung Electronics 3.82% on AI valuation worries and foreign selling, Trading Economics said. It closed at its lowest level since Aug. 11 and about 30% below its June 22 record of 9,114.55, Yahoo Finance data show. Our Kospi analysis has the background.
Brent rose to its highest in more than two weeks as Middle East tensions grew, including another attack on Saudi Arabia's main airport, Trading Economics said.
What is on the calendar this week?
| Date | Event |
|---|---|
| Tue., Oct. 13 | JPMorgan Chase, Goldman Sachs, Wells Fargo and Citigroup earnings |
| Wed., Oct. 14 | China September CPI and PPI (9:30 a.m. Beijing) |
| Wed., Oct. 14 | U.S. September CPI (8:30 a.m. ET) |
| Wed., Oct. 14 | Bank of America, Morgan Stanley, BlackRock and ASML earnings |
| Thu., Oct. 15 | U.S. September PPI (8:30 a.m. ET); TSMC third-quarter results |
| Fri., Oct. 16 | U.S. September import and export prices (8:30 a.m. ET) |
| Mon., Oct. 19 | China third-quarter GDP, September output and retail sales (10 a.m. Beijing) |
Bank and ASML dates are from Nasdaq's earnings calendar; Wells Fargo lists Oct. 13 on its own investor page. TSMC's date is from its financial calendar. China's National Bureau of Statistics calls its dates preliminary.
What did U.S. inflation show last time?
Energy led prices higher in August. The consumer price index rose 0.4% in August and 3.4% from a year earlier, the Labor Department said. Core prices, which exclude food and energy, rose 0.3% for the month and 2.4% over the year. Energy prices were up 16.3% from a year earlier and gasoline 27.4%.
Our explainer on why bond yields matter shows how inflation feeds into borrowing costs worldwide.
Which central banks meet next?
The Federal Reserve meets Oct. 27–28, according to its calendar. The European Central Bank meets Oct. 28–29 in Frankfurt, with a press conference on Oct. 29. The Bank of Japan meets Oct. 29–30. See our September central bank roundup and live levels on the world markets page.
Sources
- U.S. Bureau of Labor Statistics, October 2026 release schedule
- U.S. Bureau of Labor Statistics, Consumer Price Index, August 2026
- National Bureau of Statistics of China, 2026 release calendar
- Nasdaq, earnings calendar for Oct. 13 and Oct. 14
- Wells Fargo, Quarterly earnings
- TSMC, Financial calendar
- Federal Reserve, FOMC meeting calendar
- European Central Bank, Governing Council meeting calendar
- Bank of Japan, Monetary Policy Meeting schedule
- SIFMA, Holiday schedule
- NYSE, Holidays and trading hours
- U.S. Treasury Department, Daily Treasury par yield curve rates, 2026
- Yahoo Finance chart data: Kospi, Shanghai Composite, Hang Seng, Nikkei 225, STOXX Europe 600, S&P 500 futures, Brent, gold, dollar index and USD/JPY
- Trading Economics, South Korea stock market, Brent crude oil and Japan stock market