CES

The Reserve Bank of Australia is expected to begin raising its key interest rate again, according to Bloomberg, as policymakers' patience with stubborn inflation wears thin. The move would mark a return to monetary tightening after a pause, with markets and borrowers watching closely for the timing and size of the next increase.

Pope Leo has called for concessions from both sides to bring an end to the war in Ukraine, as the conflict continues with no clear end in sight. The pontiff's appeal for compromise in negotiations is drawing attention as the fighting drags on and international pressure for a settlement grows.

A senior Ukrainian commander says his forces are advancing in a key eastern battlefield, according to Reuters. The claim points to continued fighting along the eastern front, where control of ground has shifted back and forth during Russia's invasion. Details on the location, scale of the advance, and Russian response were not immediately given, and the report has so far drawn limited engagement as observers await independent confirmation from the front lines.

Oil prices declined as hopes grew for renewed diplomatic engagement between the United States and Iran. Markets responded to expectations that eased tensions could reduce the risk of supply disruptions from a major oil-producing region. Traders often move prices on signals of de-escalation between Washington and Tehran, whose disputes have repeatedly affected global energy markets.

Oil and fuel prices are climbing as markets react to Donald Trump's threats and ongoing conflicts in key regions. Supply concerns from war zones and political pressure on major producers have pushed costs up worldwide. Analysts are tracking where prices stand and what further escalation could mean for petrol, diesel and energy bills globally.

Iran is being pressed to make concessions on its nuclear program as a condition for reviving stalled peace talks with the United States. The reported pressure suggests Washington and its allies want concrete movement on uranium enrichment and inspections before diplomacy can resume. The development keeps attention on whether Tehran will accept terms that could ease tensions or risk further confrontation.

Oil prices have climbed above $108 a barrel as markets react to fears that conflict between the United States and Iran could resume. Traders are pricing in the risk of supply disruptions from the region, and analysts warn further escalation could push prices higher still. Markets remain on edge awaiting any signal of renewed hostilities.

Bank Indonesia has reduced its interventions in the foreign exchange spot market, according to the central bank governor. The move suggests officials see pressure on the rupiah as easing, or a shift toward managing the currency through other tools. Traders and analysts will be watching whether the change affects the currency's stability in coming sessions.

Forces aligned with Ethiopia's federal government say they have taken control of a strategically important town in the Tigray region. The claim, reported by Reuters, comes amid the ongoing conflict in northern Ethiopia, where control of towns has repeatedly shifted between federal-aligned forces and Tigrayan authorities. The development could affect supply routes and the balance of power in the war.

Ukraine says its forces have recaptured another 51 square kilometres of territory in northern Donetsk as part of Operation Vivaldi. The latest gains reportedly bring the total territory retaken in the operation to 176 square kilometres, with five settlements also coming under Ukrainian control. The claims have not been independently verified, and Russia has not commented on them.

A group of Israeli rabbis has publicly called for the Gaza peace plan to be abandoned, voicing opposition to the deployment of international forces in the territory. The appeal puts religious leaders at odds with the framework backed by international mediators, adding a new voice of domestic resistance to the plan just as debates over its implementation continue.

Mediators involved in talks over Iran's nuclear program are urging Tehran to make concessions, according to a Wall Street Journal report carried by SBS. The push comes amid growing fears that the standoff over Iran's nuclear activities could escalate into an all-out war. The mediation effort reflects mounting international pressure on Iran to compromise before tensions boil over further.

Russian forces are urgently redeploying thousands of troops toward the Lyman frontline in eastern Ukraine, as Ukraine's 3rd Corps continues advancing in the area. War monitoring reports describe a degree of panic within the Russian command over the situation there, with Moscow scrambling reinforcements to slow Ukrainian gains around the contested frontline town.

British authorities are investigating a suspected terror plot targeting a military base in the United Kingdom that hosts American forces, and are examining a possible connection to Iran, according to the Wall Street Journal. The probe is likely to heighten tensions between London, Washington and Tehran amid already strained relations over security issues in the region.

The UK's foreign minister publicly condemned Israel's government led by Benjamin Netanyahu and pledged stronger measures over its conduct of the war in Gaza. The statement marks a sharper tone from London toward a close ally, amid mounting international pressure over the humanitarian situation in the territory.

Pope Leo has called for concessions from both sides as a means of ending the war in Ukraine. The appeal marks the new pontiff's entry into one of the world's most contentious conflicts, and it is drawing attention because calls for compromise are likely to be scrutinised in Kyiv, where ceding territory remains a highly sensitive issue.

British police are investigating a suspected terrorist plot near a military base used by U.S. forces in the United Kingdom. Details of the alleged plot, including any suspects or arrests, have not been widely reported. The case has drawn international attention given the site's connection to American military personnel and ongoing security concerns in Britain.

Israeli forces have killed a global jihadist terrorist involved in the kidnapping of Noa Argamani during the October 7 attacks, according to a report by The Jerusalem Post. Argamani became one of the most recognisable hostages of the Hamas-led assault before being rescued in June 2024. The killing of the abductor is drawing attention as Israel continues operations against those responsible for the attacks.

Economists polled by Reuters expect euro area consumer prices to have risen 3.5% year-on-year in September, up from 3.2% in August, which would mark the fastest pace in nearly three years. The expectations come ahead of the flash estimate due from Eurostat on Friday.

Efforts to ease tensions between Washington and Tehran have hit a setback after Iran rejected a proposed seven-day plan, though both sides say diplomatic channels remain open. Deep differences over the nuclear file continue to block progress, with commentators noting domestic political pressures in the United States are complicating the negotiating environment.