German CPI prelim report (September) came in higher than expected with CPI up 2.4% YoY vs 2.3% exp. and 2.2% previously
- HICP came in at 2.4% YoY vs 2.2% exp. and 2.1% previously
Economic Calendar - ECB decision and hawkish Bank of Japan in focus
📊Morning Wrap: Hawkish Bank of Japan and Trump's Promises Electrify Markets Ahead of PPI Data
Treasury triples bond buybacks, but yields keep rising 🚩 TNOTE at its highest since November 2023
Economic calendar: Macro releases overshadowed by the Middle East conflict ⚔️