Headlines Oct 12

​According to ANZ Bank, China's RRR cut announcement might come on Friday.
China coal hits another record after floods restrict supply.
HKEX scraps its Wednesday morning trading as typhoon signal 8 is in force.
US Treasury Secretary Yellen: It is absolutely necessary to lift the debt limit.
Australia's Treasurer Frydenberg: I expect a 3% or more contraction in third quarter GDP.