The SARB lifts its policy rate to 7.25% as Türkiye's energy CPI runs at 46.11%, two central banks now fighting a price shock that has moved past the headline.

On the watchlist

• The CBRT's next policy rate decision, with the September core readings — the C index at 28.7% and the B index at 29% — setting whether the easing bias survives.
• The SARB's next MPC meeting, where the repo path is guided to stay above target until the second quarter of 2027 with GDP growth forecast at 1.2%.
• The RBI's 7 October overnight variable rate reverse repo auction carries a notified amount that is the largest in the series, well above the previous operation's.
• The ECB's next full-allotment tender, where take-up rather than the rate signals how much liquidity euro-area banks still want at the Governing Council's price.
• The SEC custody proposal's comment window, closing 62 days after publication, on routing client crypto assets through qualified custodians.