Australia S&P Global Manufacturing PMI Final

Saudi Arabia’s economy shrank 3.8% year-on-year in the third quarter of 2026, after contracting 4.7% in the previous quarter, preliminary estimates showed. It was the second straight quarter of economic contraction, as oil activities slumped 20.4%, following a 24.8% plunge in Q2, due to the ongoing Middle East conflict that disrupted shipping through the Strait of Hormuz.

Saudi Arabia Q3 GDP Shrinks for 2nd Quarter

South Korea’s imports surged 36.0% year-on-year in October 2026, accelerating from a 26.0% increase in the previous month but falling below market expectations of 39.9%, flash data showed. It marked the 12th consecutive month of growth in purchases, driven by robust domestic industrial demand.

South Korea Import Growth Below Forecasts

South Korea's exports soared 93.7% year-on-year in October 2026, surpassing estimates of 93.2% and accelerating from a marginally revised 83.7% jump in September, preliminary data showed. Exports rose for the 17th consecutive month, driven by strong demand for memory chips.

South Korea Export Growth Above Forecasts

South Korea’s trade surplus widened sharply to USD 42.50 billion in October 2026, up from USD 6.00 billion in the same month a year earlier, surpassing market expectations of USD 37.24 billion and marking the 21th consecutive month of surplus. It was the second-largest on-record trade surplus, as exports continued to outpace imports, flash data showed. Exports surged 93.7% yoy, accelerating from an 83.7% surge in September, mainly driven by a surge in semiconductor shipments. Meanwhile, imports jumped 36% yoy, accelerating from a 26% rise in September, supported by resilient domestic demand.

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Saudi Arabia Q3 GDP Shrinks for 2nd Quarter

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Australia S&P Global Manufacturing PMI Final