📈 Asian Markets Waver as Yen Surges & Oil Tops $97

• Global Market Overview Asian indices struggled for direction as rising oil prices and a spiked U.S. 10-year Treasury yield (up 0.6 bps to 4.788%) weighed on sentiment. S&P 500 e-mini futures dipped 0.1% following a U.S. holiday. • Energy & Commodities Brent crude futures rose to $97.04/barrel after hitting a six-week high, driven by geopolitical tensions in the Persian Gulf. Gold advanced 0.5% to $4,428.23. • Regional Currency & Economic Trends • Japan: Yen surged 0.6% to 153.51 (strongest since Feb 18). Q2 GDP was revised up on business spending, though real wages rose 2.4% YoY in July. Nikkei 225 edged up 0.2%. • South Korea: KOSPI led regional gains, rising 1.2%. • Australia: Shares fell 0.6% following a sharp drop in September consumer sentiment. • Digital Assets: Bitcoin ticked up 0.1% to $79,333.01; Ether gained 0.2% to $2,498.94. • Macro Context for Sri Lanka Elevated global oil prices ($97.04/bbl) present potential import bill pressures for energy and transportation sectors, while broader market volatility highlights the need for continued export resilience across apparel & textiles and tea.