Monday, October 12, 2026. Asia's open is being set by three things: India's 10-year yield breaking 7.35% on RBI liquidity tightening, North Korea's latest ballistic missile launches, and the RBI stepp

China-India thaw is real in trade talk, but military relations are still stuck in 2020. That caps how fast border-risk premiums can fall for Indian assets and keeps security headlines live. Watch this if you trade INR or Indian equities. India's 10-year yield tops 7.35% as RBI liquidity clampdown bites. When the RBI drains rupees, bond yields rise, and that competes with equity multiples. Nifty 50, Sensex, Bank Nifty bulls trying to snap an 8-week losing streak have a rates problem. Sentiment alone won't fix it. RBI will meet daily dollar needs of three state-run oil firms to ease rupee pressure. That's an FX band-aid: it smooths importer demand but doesn't change the oil bill or global dollar trend. INR traders should watch the fix, not just spot. North Korea fired ballistic missiles toward the East Sea and Cheong Wa Dae told Pyongyang to halt illegal launches immediately. For Korea assets, this is a familiar tail risk. It hits KRW and KOSPI sentiment at the open but usually fades unl

China-India thaw is real in trade talk, but military relations are still stuck in 2020. That caps how fast border-risk premiums can fall for Indian assets and keeps security headlines live. Watch this