Final Eurozone CPI for September confirmed at 3.8% y/y, in line with preliminary
Eurozone's final September inflation was confirmed at 3.8% year on year, matching the preliminary estimate; core CPI held at 2.5%.
Eurozone's final September inflation was confirmed at 3.8% year on year, matching the preliminary estimate; core CPI held at 2.5%.
Nagel and Klingbeil meet in Bangkok as markets await any hint on an ECB December hike. French debt and German spending are key topics.
French annual inflation accelerated in September, with energy and core prices rising, leaving the ECB to weigh another rate hike.
ECB's Alvaro Santos Pereira said euro zone inflation from energy has not spread to other prices; any broader rise would force action.
Spain's September CPI was confirmed at 4.9%, with core inflation rising to 3.1%, adding pressure on the ECB.
Lagarde said the ECB sees no second-round effects yet but will act on early signs rather than wait for proof.
Germany's final September CPI was 3.3% year-on-year, unchanged from preliminary estimates, with energy prices rising sharply.
Goldman Sachs says French bond spread is tied to oil, ECB inaction, and fiscal uncertainty, with only a few possible relief factors.
EUR/USD is hovering near recent lows as markets watch French budget talks and upcoming US CPI data for direction.
Lagarde says the ECB can counter 'unwarranted' market moves. A commentator questions who decides and warns of a backdoor bailout.
Asia-Pacific markets see a quiet calendar on Wednesday, with an ECB board member speaking in the Philippines.
After a sharp widening in euro zone sovereign spreads, Deutsche Bank warns of a disconnect between bond and equity markets.
Cardano's Hoskinson warns digital euro could introduce spending caps and asset discrimination, urges legal guarantees.
ECB's Nagel signals patience on October but leaves door open for a December rate hike.
Eurozone private sector activity hit a 41-month high in September while price pressures intensified further.