https://theharbourpost.comAustralia & the Worlden-usThu, 15 Oct 2026 12:00:00 GMThttps://theharbourpost.com/assets/brand/icon-96.pnghttps://theharbourpost.com9696 https://theharbourpost.com/imf-holds-2026-global-growth-at-3-1-percent/https://theharbourpost.com/imf-holds-2026-global-growth-at-3-1-percent/Thu, 15 Oct 2026 12:00:00 GMTAdrián CastellanosThe Fund's October World Economic Outlook, released in Bangkok on 13 October, keeps world growth at 3.1% this year and 3.4% in 2027, with global inflation seen rising to 4.7% before easing.World https://theharbourpost.com/wto-doubles-2026-goods-trade-forecast-to-3-9-percent/https://theharbourpost.com/wto-doubles-2026-goods-trade-forecast-to-3-9-percent/Thu, 15 Oct 2026 12:00:00 GMTAdrián CastellanosThe World Trade Organization's 8 October outlook lifts merchandise trade growth to 3.9% from 1.9%, with AI-enabling goods accounting for 47% of first-half growth, while services trade is cut to 3.3%.World https://theharbourpost.com/opec-plus-seven-hold-november-output-steady/https://theharbourpost.com/opec-plus-seven-hold-november-output-steady/Thu, 15 Oct 2026 12:00:00 GMTAdrián CastellanosSaudi Arabia, Russia and five partners agreed at a 4 October virtual meeting to keep September's quotas in place for a second month, with actual supply still lagging targets amid Hormuz disruption.World https://theharbourpost.com/healey-first-budget-october-28-gilt-yields-erode-headroom/https://theharbourpost.com/healey-first-budget-october-28-gilt-yields-erode-headroom/Thu, 15 Oct 2026 12:00:00 GMTHelena LindqvistChancellor John Healey delivers the Burnham government's first Budget in under two weeks, with Bloomberg Economics estimating the gilt sell-off has cut roughly £12bn from the fiscal headroom he inherited.Politics https://theharbourpost.com/takaichi-food-tax-cut-to-1-percent-diet-session/https://theharbourpost.com/takaichi-food-tax-cut-to-1-percent-diet-session/Thu, 15 Oct 2026 12:00:00 GMTHelena LindqvistOpening a 69-day extraordinary session on 5 October, the prime minister pledged a two-year cut in the levy on food from 8% to 1% from April, paired with cash benefits and funded without new deficit-covering bonds.Politics https://theharbourpost.com/crs-fact-sheet-maps-us-tariff-regime-after-ieepa/https://theharbourpost.com/crs-fact-sheet-maps-us-tariff-regime-after-ieepa/Thu, 15 Oct 2026 12:00:00 GMTHelena LindqvistA Congressional Research Service report dated 8 October catalogues the active duties that replaced the emergency-powers tariffs struck down in February, including 10% to 100% on patented pharmaceuticals and 50% on select Canadian goods.Politics https://theharbourpost.com/us-payrolls-29000-september-unemployment-4-2-percent/https://theharbourpost.com/us-payrolls-29000-september-unemployment-4-2-percent/Thu, 15 Oct 2026 12:00:00 GMTRowan OkonkwoThe Bureau of Labor Statistics reported the weakest payroll gain of the year on 2 October, with prior months revised down by 60,000, two weeks after the Federal Reserve raised its policy rate to a 3.75%–4% range.Economy https://theharbourpost.com/rba-raises-cash-rate-4-60-fourth-hike-2026/https://theharbourpost.com/rba-raises-cash-rate-4-60-fourth-hike-2026/Thu, 15 Oct 2026 12:00:00 GMTRowan OkonkwoAustralia's central bank lifted its policy rate by 25 basis points on 29 September to the highest level since 2011, saying upside risks to inflation were "materialising", and left the door open to further tightening at its November meeting.Economy https://theharbourpost.com/us-10-year-treasury-yield-breaks-2007-peak-5-3-percent/https://theharbourpost.com/us-10-year-treasury-yield-breaks-2007-peak-5-3-percent/Thu, 15 Oct 2026 12:00:00 GMTMargaux DevereuxThe benchmark Treasury yield closed at 5.297% on 30 September and briefly traded near 5.34%, its highest since 2002, as sticky inflation, $100 oil and soft auction demand collided with a Federal Reserve that has resumed raising rates.Markets https://theharbourpost.com/brent-above-100-hormuz-attacks-g7-stockpile-release/https://theharbourpost.com/brent-above-100-hormuz-attacks-g7-stockpile-release/Thu, 15 Oct 2026 12:00:00 GMTMargaux DevereuxOil traded between roughly $98 and $105 a barrel in the first half of October as renewed Iranian attacks on Gulf shipping countered an emergency stock release, prompting UBS to lift its fourth-quarter Brent forecast to $100 from about $80.Markets https://theharbourpost.com/jpmorgan-15-3-billion-profit-opens-q3-earnings-season/https://theharbourpost.com/jpmorgan-15-3-billion-profit-opens-q3-earnings-season/Thu, 15 Oct 2026 12:00:00 GMTMargaux DevereuxThe largest US bank reported net income up 6% on revenue of $50.2bn on 13 October, as analysts tracked by Zacks expect S&P 500 third-quarter earnings to rise 24.3% year on year, the eighth straight quarter of double-digit growth.Markets https://theharbourpost.com/asml-record-sales-supply-short-of-demand-2028/https://theharbourpost.com/asml-record-sales-supply-short-of-demand-2028/Thu, 15 Oct 2026 12:00:00 GMTTomas NakamuraThe Dutch lithography group reported third-quarter net sales of €11.7bn and net income of €5.0bn on 14 October, lifted full-year guidance to €44bn–45bn and said planned capacity for 2027 and 2028 will not fully meet customer orders.Technology https://theharbourpost.com/tsmc-third-quarter-profit-up-69-percent-guides-higher/https://theharbourpost.com/tsmc-third-quarter-profit-up-69-percent-guides-higher/Thu, 15 Oct 2026 12:00:00 GMTTomas NakamuraTaiwan Semiconductor Manufacturing Company reported third-quarter revenue of US$46.7bn and net income of NT$763bn on 15 October, with a 66.4% gross margin, and guided fourth-quarter revenue to between US$52.3bn and US$54.3bn.Technology https://theharbourpost.com/firmus-pulls-australian-ai-data-centre-ipo/https://theharbourpost.com/firmus-pulls-australian-ai-data-centre-ipo/Thu, 15 Oct 2026 12:00:00 GMTTomas NakamuraThe AI data-centre developer pulled what would have been one of Australia's largest listings on 9 October, citing market volatility, after institutions including UniSuper declined to back a roughly US$30bn equity valuation.Technology https://theharbourpost.com/goldman-sachs-equities-revenue-jumps-72-percent/https://theharbourpost.com/goldman-sachs-equities-revenue-jumps-72-percent/Thu, 15 Oct 2026 12:00:00 GMTSophie WhitcombeThe bank reported third-quarter net revenues of $18.7bn and net earnings of $5.3bn on 13 October, far ahead of estimates, as equities revenue climbed 72% and advisory fees hit a record $1.65bn; assets under supervision reached $4.1tn.Business https://theharbourpost.com/lvmh-third-quarter-growth-slows-china-fashion-down/https://theharbourpost.com/lvmh-third-quarter-growth-slows-china-fashion-down/Thu, 15 Oct 2026 12:00:00 GMTSophie WhitcombeThe luxury group reported third-quarter revenue of €18.5bn on 12 October, with organic growth easing to 1% from 3% in the second quarter; its largest division, Fashion & Leather Goods, declined 5% while Watches & Jewelry and Sephora grew.Business https://theharbourpost.com/eurozone-inflation-jumps-to-3-8-percent-energy/https://theharbourpost.com/eurozone-inflation-jumps-to-3-8-percent-energy/Thu, 15 Oct 2026 12:00:00 GMTRowan OkonkwoEurostat's flash estimate published on 2 October showed euro area inflation accelerating from 3.2% in August, above the 3.6% economists expected, with energy up 18.8% year on year; the ECB meets on 29 October after raising its deposit rate to 2.5% in September.Economy https://theharbourpost.com/johnson-johnson-raises-guidance-talc-charge-third-quarter/https://theharbourpost.com/johnson-johnson-raises-guidance-talc-charge-third-quarter/Thu, 15 Oct 2026 12:00:00 GMTSophie WhitcombeJohnson & Johnson reported third-quarter sales of $25.4bn, up 5.9%, and nudged its full-year forecasts higher on 13 October, even as a litigation charge of $5.5bn cut reported earnings to nine cents a share.Business