Bank of Korea left interest rates unchanged. Japan saw a surprise trade surplus in September, Australia unemployment ticks down in September.
Australia's seasonally adjusted unemployment rate fell to 3.6% in September, in contrast to expectations from economists polled by Reuters that it would remain unchanged at 3.7%. Despite this, the country's participation rate decreased to decreased to 66.7%.
The participation rate measures the proportion of the working-age population that are working or looking for work. The unemployment rate is one of the metrics that is considered by the Reserve Bank of Australia when it makes monetary policy decisions. The RBA will next announce its interest rate decision on Nov. 3. — Lim Hui Jie
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