The Reserve Bank of New Zealand is expected to raise its official cash rate by 25 basis points to 3.0 percent, despite earlier signalling a pause. It would mark a third straight increase and the highest level in a year.

Markets overwhelmingly expect the Federal Reserve to leave its benchmark interest rate unchanged this week, following an increase in September. Fed policymaker Kevin Warsh has signaled that further hikes could follow if inflation pressures persist.

South Korea's central bank has warned that semiconductor exports could shrink by as much as $100 billion if worldwide artificial intelligence spending cools sharply. The Bank of Korea modelled a deliberately pessimistic scenario to measure the trade-reliant economy's exposure to concentrated AI-driven chip demand.

Goldman Sachs says the dollar could climb roughly 12% against Brazil's real, to near R$5.60, in a fresh jolt for investors after Lula's re-election.

Paraguay's central bank unanimously held its policy rate at 5.50% after annual inflation eased to 1.7% in September, keeping borrowing costs unchanged for now.

Rising petrol prices have pushed New Zealand's headline inflation higher ahead of the Reserve Bank's next policy review. Economists widely expect the central bank to raise the official cash rate by 25 basis points next week, even though the latest price pressure stems mainly from fuel costs rather than broader demand.

Singapore's core inflation eased to 2 percent in September. Headline inflation also slipped to 2.2 percent from 2.3 percent in August, pointing to cooling price pressures in the city-state.

U.S. Treasury yields posted their sharpest one-day drop since the 2023 banking crisis as investors rushed into government bonds amid a broader tech-stock sell-off. Analysts described the move as a flight to safety rather than a signal of imminent recession.

The central bank lifted its policy rate sharply as the country reels from war-fuelled price rises and faces further risk from an approaching 'super' El Nino.

Initial filings for US unemployment insurance slipped to a seasonally adjusted 194,000, among the lowest readings since the 1960s. The data points to a continuing trend of low layoffs across the American labor market.

New Zealand's annual inflation rate tumbled to 3.7 percent. The slowdown has raised the odds that the Reserve Bank will lift its benchmark interest rate at next week's policy meeting, even as price pressures are forecast to pick up again soon.

Norway's sovereign wealth fund, the world's largest, posted a $30 billion loss in the third quarter after a bond market slump hit its holdings. Norges Bank Investment Management, which runs the roughly $2.3 trillion fund, said returns on its bond portfolio turned negative as yields rose.

Finance ministers from the Asia-Pacific Economic Cooperation forum reached consensus on cooperating on artificial intelligence and digital financing technology at a two-day meeting in Hong Kong. China's finance minister, Lan Foan, said the outcomes would help shape talks at next month's leaders' summit in Shenzhen.

Nigeria's finance minister, Taiwo Oyedele, said excessive money creation by the central bank and heavy petrol subsidy spending have driven up inflation pressures nationwide. He linked roughly 30 trillion naira in monetary financing directly to the price surge squeezing households and businesses.

Britain's annual inflation rate accelerated more than expected in September, rising to 3.5% on surging fuel prices. The data lands a week before the government presents its autumn budget, and as UK public-sector net debt tops £3 trillion.

US housing data weakened further in September, according to separate reports released Tuesday, even as the Federal Reserve weighs additional interest-rate increases. The figures add to signs that higher borrowing costs are weighing on home sales and construction activity. Economists say the reports complicate the central bank's next policy decision.

Monetary Authority of Singapore chief economist Edward Robinson said AI-driven productivity gains could eventually let central banks adopt a more accommodative monetary policy.

Japan's Ministry of Finance sold 20-year government bonds on Tuesday to the strongest investor demand on record for that maturity. Elevated yields drew renewed buying from domestic institutions.