The RBI also announced an auction of state government securities on Friday, the regular weekly borrowing by India’s states that runs in parallel with the central bank’s liquidity-drain operations. With the sovereign calendar already stacked with Monday’s Rs 2,00,000 crore VRRR, Tuesday’s Rs 25,000 crore OMO sale and Wednesday’s Rs 23,000 crore T-bill auction, the state auction adds to the week’s absorption load on the banking system.
The Federal Reserve published a FEDS Note on October 9 titled “Assessing Monetary Policy Globally: Evidence from LLMs and Semi-structural Models,” staff research that uses large language models alongside semi-structural models to gauge the stance of monetary policy across economies. The note is analytical research rather than policy signal, but it lands three weeks before the October 27-28 FOMC, where markets price roughly 85% odds of at least one hike by December.
The Commodity Futures Trading Commission published two swap-market actions on October 9: a notice of proposed rulemaking on including certain event contracts in the definition of a swap (release 9310-26), and an interim final rule excluding certain activity from the swap definition (release 9309-26). Both are rulemaking plumbing rather than market movers, but they continue the agency’s 2026 push to define the regulatory boundary around prediction markets and event contracts.
Bank of Canada Senior Deputy Governor Carolyn Rogers appears on a panel on October 15, her next public outing after Governor Tiff Macklem’s fireside chat on October 14, with the October 28 rate decision looming after the weak September jobs report cut hike odds to 25%. Rogers’ panel is a watch item rather than a scheduled policy catalyst.
Markets are closed on Sunday; the dashboard is unchanged from Friday’s close. US 10-year yields held at 5.24% and the 30-year at 5.60% after the post-auction rally, while the Canadian dollar sat at 1.4254, near its 18-month low, ahead of Tuesday’s French budget debate and India’s September CPI release, both already on the calendar.