Asian Equities and Global Bonds Face Pressure Amid Inflation and Geopolitical Concerns

Asian stock markets remained subdued and global bonds continued to face pressure, following a challenging September. Investors are evaluating a slower-than-expected rise in US inflation for August, which has decreased the likelihood of an imminent Federal Reserve rate hike. Elevated oil prices, stemming from stalled peace talks between the US and Iran over the ongoing Middle East conflict, further contributed to the cautious market sentiment.