- As investors evaluated the possibility of increased inflation driving tighter monetary policy, markets were stable, although US futures indicated a recovery Thursday. The US cash treasury market is closed for a holiday whilst the dollar rose.
- The Stoxx Europe 600 index remained stable, but the exporter-heavy FTSE 100 index in the United Kingdom rallied as the pound remained around an 11-month low following better-than-expected economic growth figures. In Asia, Chinese stocks rose on hopes that the government will take steps to help struggling property developers.
- After the Nasdaq 100's had its greatest slide in more than a month, futures on US gauges increased, headed by those on the Nasdaq 100. Tesla gained in premarket trade after papers revealed that CEO Elon Musk sold $5 billion worth of stock.
- EU Commission Forecast: Eurozone inflation at 2.4% in 2021, 2.2% 2022, 1.4% 2023.
- Belarus' Pres. Lukashenko: Minsk would retaliate vehemently if new sanctions are imposed. Cutting off gas and cargo transit via Belarus is an option.
- German Finance Min. Scholz: More pandemic measures will be required to deal with Winter.
- Money Markets: Expecting 20 BPS ECB hike for Dec. 2022
- Russia: US vessels in the Black Sea are playing with fire - IFAX
- UK Finance Min. Sunak: UK's GDP figure suggests that the country is on the right track.
- China's Foreign Minister Wang Yi: The US-China agreement on climate change displays the capacity for cooperation.