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Justin Low

Eurozone final September CPI +9.9% vs +10.0% y/y prelim

Core CPI +4.8% vs +4.8% y/y prelimA slight revision lower to the headline reading, but close enough to be called double-digits - just not officially now. Either way, it still represents a record...

USD/JPY nudges closer towards intervention trigger

If anyone is keeping count, the pair is coming into trading today on the back of ten consecutive days of gains. Some of which have been light but it reflects the sort of...

A sense of uneasiness as bond yields pull higher

In the UK, 10-year gilt yields are up by around 9 bps at the open to 4.03% while 10-year Treasury yields are up over 7 bps to 4.07% as we get things going...

European equities open slightly higher but the optimism has been tempered

Eurostoxx +0.3%Germany DAX +0.4%France CAC 40 +0.4%UK FTSE +0.3%Spain IBEX +0.3%We are seeing slight gains but there is some caution to be heeded as US futures pull back in the past hour or...

UK September CPI +10.1% vs +10.0% y/y expected

Prior +9.9%Core CPI +6.5% vs +6.4% y/y expectedPrior +6.3%On the month itself, CPI increased by 0.5% as UK inflation hits double-digits once again on an annual basis. This just piles on the misery...

UK inflation on the agenda today

Major currencies are little changed to start the day, after the dollar put on a more mixed showing in trading yesterday. The pound will remain a focus point with UK inflation set to...

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