[Turkish Central Bank Releases Oil Price Forecast] ⑴ The Central Bank of Turkey predicts that oil prices will be $69 per barrel in 2025. ⑵ It predicts that oil prices will fall to $62.4 per barrel in 2026.

[Joint Statement from the ROK-US Summit Postponed] ⑴ A South Korean presidential official stated on Friday that the release of the joint statement from the ROK-US summit will be postponed due to incomplete review of security issues. ⑵ The document was originally scheduled for release this week, but a specific release date cannot be determined at present. ⑶ The statement will include two main sections: trade and security, comprehensively covering all issues discussed between Lee Jae-myung and Trump last week.

[Denmark Manufacturing Output Hits Over One-Year High] ⑴ Danish manufacturing output rose 8% month-on-month in September, a significant rebound from the revised 3% decline in the previous month. ⑵ This is the strongest growth since April 2024, with the transportation equipment sector leading the way with a 34.9% increase in output. ⑶ Pharmaceutical manufacturing output rebounded 23.8%, textiles and leather grew 4.9%, electronic components grew 9.6%, and furniture and other manufacturing grew 2.7%. ⑷ Growth in wood and paper products and printing slowed to 1.4%, food, beverages and tobacco declined 1%, chemicals and refining declined 1.7%, and metals and metal products declined 7%. ⑸ Year-on-year, manufacturing output surged 10.4% in September, a significant recovery from the revised 6.9% decline in the previous month.

Turkish Central Bank Governor: The positive trend in foreign exchange reserves continues.

[Norway Manufacturing Output Declines Month-on-Month in September] ⑴ Norwegian manufacturing output fell 1.7% month-on-month in September, reversing the 0.7% increase in the previous month. ⑵ Timber and wood products fell 4.9%, refined petroleum, chemical and pharmaceutical products fell 9.7%, metal products fell 2.5%, transport equipment fell 5.5%, printing and reproduction fell 1.2%, base metals fell 0.6%, and furniture and other manufacturing fell 0.8%. ⑶ The decline in food, beverage and tobacco narrowed to 2.0%, and the decline in shipbuilding and oil platforms narrowed to 1.6%. ⑷ Year-on-year, manufacturing output grew 2.6% in September, a slowdown from the three-month high of 5.0% in the previous month.

Turkish Central Bank Governor: The policy rate cut has been transmitted to lending rates as we expected.