October 28, 2026
United States:
US Trade Gap Hits Widest Since March 2025 on Capital Goods
The US merchandise-trade deficit widened in September for a third straight month amid an ongoing surge in imports of capital goods.
The shortfall in goods trade grew 2.1% from the prior month to $134.9 billion, the largest since March 2025, Commerce Department data showed Wednesday.
Europe:
Gilts Rise After Plan for £251 Billion Debt Sales Meets Estimate
UK bonds advanced as Chancellor of the Exchequer John Healey delivered his first budget, sticking with a pledge of fiscal discipline as the government unveiled a debt-sale plan in line with forecasts.
Gilts edged higher, lowering the yield on 10-year notes three basis points to 5.32%. In his speech to parliament, Healey said the Office for Budget Responsibility had confirmed a budget buffer would be at £15 billion ($19.9 billion) in 2029-30.
Asia:
Chinese Government to Speed Bond Sales to Stimulate Growth
China’s central and local governments will probably raise at least a net 2.2 trillion yuan ($330 billion) in bond sales in the final two months of the year, the second-highest amount on record for the period, as the authorities step up efforts to support growth.
The amount, estimated by China Chengxin International Credit Rating Co. and Industrial Securities, will only be behind the stimulus splurge in 2024. It’ll add to the 11.15 trillion yuan raised in net financing so far this year as of Oct. 23, according to Bloomberg calculations based on ChinaBond data.
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