Euro zone inflation is back above 3%. Higher interest rates are likely to follow

Live updates

1. 1d ago

   ECB Raises Rates as Eurozone Inflation Hits 3.8%

   European Central Bank President Christine Lagarde implemented a 0.25% interest rate hike to counter rising inflation pressures. Eurostat confirmed that annual inflation in the eurozone reached 3.8% in September 2026, up from 3.2% in August. This marks a three-year high, driven largely by surges in energy and services costs. Inflation rose across most of the bloc, including Germany, France, Italy, Spain, and the Netherlands, while Slovakia was the only member state to see a slight decline. Core inflation, which excludes volatile food and energy prices, increased to 2.5%.

   Why it matters

   The rate hike signals a shift in monetary policy to stabilize the euro area economy. Persistent energy price volatility has complicated the ECB's ability to manage price stability. These moves occur as the bank balances growth scenarios against the risk of entrenched inflation.

   What is confirmed

   • Eurozone annual inflation rose to 3.8% in September 2026 from 3.2% in August.
   • ECB President Christine Lagarde defended a 0.25% interest rate hike.
   • Energy prices rose by 18.9% compared to 14.3% in the previous period.
   • Annual core inflation increased to 2.5% from 2.4%.
   • September inflation reached the highest level since September 2023.
   • Inflation rose in Germany to 3.3%, France to 3.4%, Italy to 4.2%, Spain to 5%, and the Netherlands to 3%.

   What to watch next

   • Next Eurostat inflation release date
   • Future ECB policy meeting decisions on rate adjustments
   Sources used for this update (10)

   1. cde.news — ECB's Interest Rate Hike: Lagarde Defends Strategic Move
   2. euroflation.com — Latest eurozone inflation data — September 2026
   3. euroyields.com — ECB Watch Tool — Live ECB Rate Probabilities | EuroYields
   4. economic-research.bnpparibas.com — Eurozone – Archives – Economic Research – BNP Paribas
   5. edgeconsultancykw.com — ECB Poised for First Rate Hike Among Major Western Central ...
   6. blog.e8markets.com — Euro-Area Inflation Hits a Three-Year High: What Traders Need ...
   7. www.europesays.com — Eurozone Inflation Accelerates to 3.8% in September as Energy ...
   8. finance.yahoo.com — Eurozone inflation confirmed at three-year high of 3.2%
   9. marketbusinessnews.com — Euro-area inflation reaches 3.8% as energy pressure intensifies
   10. tradingeconomics.com — Euro Area Inflation Rate Confirmed at 3-Year High in September
   confidence 100%
2. 7d ago

   Euro Zone Inflation Stokes Rate Hike Pressures as Global Yields Rise

   Euro zone inflation rose to 3.8% in September due to soaring energy costs, pushing the European Central Bank toward potential interest rate increases and a moderate policy response. Globally, financial conditions tighten as the IMF warns against broad cost-of-living spending ahead of an October 28 budget. Meanwhile, spot gold fell to $4,164.96 as the dollar topped 102.4, Brent crude climbed to $106, and U.S. Federal Reserve December rate hike odds hit 85%. U.S. regulators also reviewed Tesla autonomous vehicle speeds in school zones.

   Why it matters

   Inflation crossing the 3% threshold places intense pressure on central bankers to balance price stability with broader economic growth. As global liquidity flow indicators decline from late 2025 peaks, rising Treasury yields and surging commodity prices like Brent at $106 amplify economic friction. Fiscal authorities face strict warnings from international bodies to keep support targeted so monetary tightening is not undermined.

   What is confirmed

   • Euro zone inflation rose to 3.8% in September driven by soaring energy costs.
   • Spot gold fell $28.91 to $4,164.96 and December futures dropped 0.57% to $4,192.30.
   • The dollar topped 102.4 and Brent climbed to $106.

   Still unconfirmed

   • Federal Reserve December rate hike odds hit 85%.
   • The IMF told Chancellor Healey to keep support targeted and temporary ahead of the Oct. 28 budget.
   • NHTSA is reviewing claims that Tesla Cybercab and Model Y exceed school-zone speeds in autonomous mode covering about 1,000 2026 vehicles.

   What to watch next

   • Decisions from the European Central Bank regarding potential further interest rate hikes
   • The October 28 budget release and UK fiscal policy stance
   • Federal Reserve policy actions regarding December rate hike odds
   Sources used for this update (5)

   1. www.tradingnews.com — Gold Fails at $4,218 as Fed Hike Odds Hit 85% for December — $4,109.90 Low Now in Focus
   2. www.briefs.co — NHTSA Reviews Claims Tesla Robotaxis Speed Through School Zones
   3. www.briefs.co — IMF to Healey: Keep Cost-of-Living Aid Tight as Budget Nears
   4. note.com — [Gold] Rebound from $4,217, two-consecutive-bar rule rejects false signal by $0.97 difference | Cat's Market Report 10/13
   5. finance.biggo.com — Global Liquidity Inflection Point Confirmed: U.S. Treasury Yields Surge, A-Share Short-Term Rebound Window Emerges
   confidence 90%
3. 9d ago

   Euro zone inflation back above 3%, interest rates likely to follow

   Euro zone inflation rose to 3.8% in September, driven by soaring energy costs. The European Central Bank is under pressure to consider further interest rate hikes. This sharp increase may lead to a moderate policy response from the ECB. The development has implications for the global economy.

   Why it matters

   The ECB's potential interest rate hike is significant as it could impact the economic recovery and affect other central banks' decisions. The Reserve Bank of India has already taken action. Euro zone inflation affects the global economy, and investors are watching for the ECB's next move. Higher interest rates could influence economic growth.

   What is confirmed

   • Euro zone inflation rose to 3.8% in September
   • The ECB has raised interest rates
   • Bundesbank warns rising European risk premiums and record debt heighten sovereign bond stress

   Still unconfirmed

   • The ECB may consider further interest rate hikes

   What to watch next

   • ECB's next interest rate decision
   • Euro zone inflation rate for October
   • Global economic response to potential interest rate hikes
   Sources used for this update (5)

   1. live.euronext.com — ECB raises interest rates, bolstering bets for further moves
   2. seekingalpha.com — October 2026 Trading Outlook: Stock Market, Bonds, Fiscal Flows, And Interest Rates
   3. www.briefs.co — European bond jitters put fiscal discipline back in the spotlight
   4. www.briefs.co — Trump's AI Plan: Make Developers Pay When Models Misbehave
   5. note.com — 'Analysis of Key Official Statements from the Morning of Oct 9 to Early Morning of Oct 10'
   confidence 90%
4. 11d ago

   Euro zone inflation surpasses 3%, interest rate hikes likely

   Euro zone inflation rose to 3.8% in September, driven by soaring energy costs, exceeding expectations and putting pressure on the European Central Bank to consider further interest rate hikes. This sharp increase may lead to a moderate policy response from the ECB. The development has implications for the global economy, with other central banks, such as the Reserve Bank of India, having already taken action.

   Why it matters

   The European Central Bank's policy response will be closely watched as inflation pushes past 3%. The ECB chief previously indicated a moderate policy response is appropriate. Global economic growth and inflation trends are being closely monitored, with many central banks facing decisions on interest rates. The US and Indian economies are also experiencing significant developments that may impact global markets.

   What is confirmed

   • Euro zone inflation rose to 3.8% in September
   • The European Central Bank chief previously indicated a moderate policy response is appropriate as inflation pushes past 3%
   • The Reserve Bank of India recently implemented its first interest rate hike in almost four years

   Still unconfirmed

   • The ECB may need further rate hikes as inflation risks remain elevated

   What to watch next

   • European Central Bank interest rate decision
   • Global economic growth and inflation trends
   • US stock market performance
   Sources used for this update (4)

   1. www.rttnews.com — Futures Pointing To Initial Weakness On Wall Street Amid Spike In Crude Oil Prices
   2. asiatimes.com — India’s rate hike a loud warning shot for Modinomics
   3. economictimes.indiatimes.com — euro zone growth: Global Market: ECB may need further rate ...
   4. www.europesays.com — Eurozone inflation tops estimates to hit three-year high
   confidence 70%
5. 13d ago

   Euro zone inflation surges to 3.8%, rate hikes likely

   Euro zone inflation rose to 3.8% in September, driven by soaring energy costs. This sharp increase, exceeding expectations, puts pressure on the European Central Bank to consider further interest rate hikes. The ECB chief previously indicated a moderate policy response is appropriate as inflation pushes past 3%.

   Why it matters

   The surge in inflation increases the likelihood of further interest rate hikes, which could impact the economic recovery. European Central Bank chief Christine Lagarde previously indicated that a moderate policy response is appropriate as inflation pushes past 3%. The ECB's decision will be closely watched by investors and economists.

   What is confirmed

   • Euro zone inflation increased to 3.8% in September
   • The surge in inflation is driven by soaring energy costs
   • European Central Bank chief Christine Lagarde indicated a moderate policy response is appropriate as inflation pushes past 3%

   Still unconfirmed

   • French debt fears spread through European bond and currency markets

   What to watch next

   • European Central Bank interest rate decision
   • Euro zone economic growth data
   • Energy cost trends
   Sources used for this update (6)

   1. www.abc.net.au — Markets live: ASX set to rise, tech rally drives Nasdaq to new record high
   2. jen.jiji.com — Figc, Malagò commissioner of Football Federation after Coni Board vote - Live
   3. www.rttnews.com — Extended Slump In Crude Oil Prices May Lead To Continued Strength On Wall Street
   4. minutemirror.com.pk — French debt fears drag euro to 17-month low
   5. jen.jiji.com — Students in squares across France, clashes in Paris: protesters throw stones, police respond with tear gas
   6. www.globalbankingandfinance.com — Euro Zone Inflation Rises Sharply, ECB Faces Rate Hike Pressure
   confidence 90%
6. 15d ago

   Euro zone inflation hits 3.8% in September as energy costs soar

   Euro zone inflation rose to 3.8% in September, the highest level since September 2023. This figure represents a sharp increase from the 3.2% recorded in August. The surge, driven by soaring energy costs, exceeded expectations and increases the likelihood of further interest rate hikes. European Central Bank chief Christine Lagarde previously indicated that a moderate policy response is appropriate as inflation pushes past 3%, noting that the surge has not yet triggered dangerous second-round effects across the currency bloc.

   Why it matters

   The European Central Bank targets an inflation rate of 2%, making the current 3.8% level nearly double the official goal. Market participants are betting on up to four additional rate hikes over the next year to stabilize prices. This follows two rate increases already implemented during the summer.

   What is confirmed

   • Annual euro zone inflation reached 3.8% in September.
   • September inflation is the highest level since September 2023.
   • Euro zone inflation was 3.2% in August.
   • Soaring energy costs are driving the inflation surge.

   Still unconfirmed

   • Inflation may approach 4% by the end of the year.
   • The Reserve Bank of Australia raised rates to a 15-year high due to higher-than-predicted energy prices and the US-Israeli war with Iran.

   What to watch next

   • European Central Bank announcements regarding future interest rate hikes
   • Year-end inflation data to see if figures reach 4%
   • Reports on second-round inflationary effects across the euro area
   Sources used for this update (11)

   1. www.xe.com — Currency Converter - Currency Exchange | Xe
   2. www.livemint.com — Stock market today LIVE: Sensex, Nifty turn red as US bonds rebound
   3. en.wikipedia.org — Euro - Wikipedia
   4. wumbo.net — Euro Sign Symbol (€)
   5. fr.wikipedia.org — Euro — Wikipédia
   6. en.wikipedia.org — Euro sign - Wikipedia
   7. de.wikipedia.org — Euro – Wikipedia
   8. jen.jiji.com — Malaysian GP, today's qualifying: schedule and where to watch (also free-to-air)
   9. www.cnbc.com — Eurozone inflation hits its highest level in three years at 3.8% as energy costs soar
   10. finance.yahoo.com — Euro zone inflation surges more than expected, keeping ...
   11. www.irishtimes.com — Euro zone inflation jumps to highest level in three years ...
   confidence 100%
7. 21d ago

   ECB Backs Measured Rates as Euro Zone Inflation Climbs Above 3%

   European Central Bank chief Christine Lagarde confirmed that a moderate policy response remains appropriate as euro zone inflation pushes past 3%. Inflation may approach 4% by the end of the year, double the bank target, prompting market bets on up to four additional rate hikes over the next year following two summer moves. Lagarde noted that the inflation surge has not yet triggered dangerous second-round effects across the currency bloc. Meanwhile, the Reserve Bank of Australia raised rates to a 15-year high due to higher-than-predicted energy prices and the US-Israeli war with Iran.

   Why it matters

   Global monetary tightening accelerates as central banks react to persistent inflationary pressures linked to international energy costs and geopolitical conflicts. Regional central banks face mounting pressure to lift borrowing costs despite rising economic contraction risks. Investors monitor these policy shifts closely as varying responses create distinct financial disparities across major international markets.

   What is confirmed

   • Euro zone inflation has shot past 3% and may approach 4% by the end of the year.
   • ECB chief Christine Lagarde stated that this year's inflation surge has yet to generate dangerous second-round effects across the euro zone.
   • Market bets are fueled for up to four more rate hikes in the next year on top of two moves over the summer.
   • The Reserve Bank of Australia cited the US-Israeli war with Iran and higher-than-predicted energy prices in its rate decision.

   What to watch next

   • Official European Central Bank interest rate decisions and policy announcements
   • Upcoming euro zone monthly inflation data releases and economic growth indicators
   Sources used for this update (4)

   1. jen.jiji.com — UK, 5 arrested for incident near Raf base released on bail
   2. www.sbs.com.au — RBA hikes rates to 15-year high amid rising energy costs — as it happened
   3. www.globalbankingandfinance.com — ECB's Lagarde Backs Measured Steps to Address Euro Zone Inflation
   4. live.euronext.com — ECB's Lagarde sticking to measured steps to quell inflation
   confidence 95%
8. 23d ago

   Reserve Bank Rate Hike Expected Amid Rising Recession Risks

   The Reserve Bank is widely expected to hike interest rates on Tuesday, a move that prompts economists to warn of rising economic contraction risks if additional rate increases follow. This monetary tightening trajectory mirrors global central bank strategies, where persistent inflation pressures drive expectations for higher borrowing costs. Investors monitor these policy shifts closely as varying regional responses to economic pressures create distinct financial disparities across major international markets.

   Why it matters

   Central banks face mounting pressure to address persistent inflation through higher borrowing costs, though economists caution that aggressive tightening could trigger economic downturns. These developments reflect a broader pattern of monetary divergence among global financial authorities. Understanding these rate trajectories helps clarify shifting currency valuations and market expectations.

   What is confirmed

   • The Reserve Bank is widely expected to hike rates on Tuesday.
   • Some economists are warning about an economic contraction if more rate rises follow.

   What to watch next

   • Tuesday's Reserve Bank interest rate decision
   • Economic data releases addressing contraction risks following potential rate hikes
   Sources used for this update (3)

   1. jen.jiji.com — Canalis on Verissimo: "Corvaglia? Nothing happened between us, I'm so sorry"
   2. jen.jiji.com — America's Cup, Luna Rossa in the lead after preliminary races in Naples
   3. www.capitalbrief.com — Recession risks rise as Reserve Bank poised for rate increase
   confidence 100%
9. 26d ago

   ECB December Rate Hike Expected as Euro Zone Inflation Stays Above 3%

   Euro zone inflation remains above the European Central Bank threshold due to a renewed energy shock, prompting BofA Global Research to project a 25 basis point rate increase in December. Concurrently, the euro fell to 1.1401 against the dollar near late-July lows. This drop follows a U.S. PMI reading of 58.4 that pushed October Federal Reserve rate hike odds above 53 percent. The diverging policy expectations between the central banks highlight ongoing monetary tightening disparities across major global economies.

   Why it matters

   The European Central Bank faces persistent inflationary pressures driven by renewed energy costs, keeping headline figures above the 3 percent target. This dynamic sets the central bank apart from peers like the Bank of England, which recently held rates at 3.75 percent amid expectations of a more cautious policy path. Meanwhile, currency markets respond sharply to shifting interest rate differentials, particularly against a resurgent U.S. dollar and a volatile Japanese yen.

   What is confirmed

   • BofA Global Research expects the European Central Bank to raise interest rates by 25 basis points in December.
   • A renewed energy shock is keeping euro zone inflation above the central bank target.
   • The euro fell to 1.1401, nearing late-July lows.
   • A 58.4 U.S. PMI lifted October Federal Reserve hike odds above 53 percent.

   What to watch next

   • Upcoming European Central Bank monetary policy announcements and inflation releases
   • Further Federal Reserve rate decision signals driven by U.S. economic data
   • Energy price fluctuations and their direct impact on euro zone inflation figures
   Sources used for this update (2)

   1. www.tradingnews.com — EURUSD Tests 1.1400 on Fed Hike Bets — 150bp Rate Gap Targets 1.1300 Downside
   2. www.marketscreener.com — BofA sees ECB rate hike in December as energy prices fan inflation
   confidence 90%
10. 30d ago

    Pound under pressure as Bank of England holds rates at 3.75 percent

    The pound to euro exchange rate remains under pressure following the Bank of England's decision to hold interest rates at 3.75 percent. This monetary policy stance reinforces expectations that UK policymakers will act more cautiously compared to the European Central Bank and the Federal Reserve, where further tightening remains in focus due to euro zone inflation staying above 3 percent. Meanwhile, currency markets continue to monitor developments in Asia, where the dollar surged to 157.90 against the yen after a divided Bank of Japan rate hike failed to lift the Japanese currency.

    Why it matters

    Global financial markets are closely tracking divergent central bank policies as euro zone inflation persists above the 3 percent threshold, pointing toward potential central bank tightening. At the same time, separate currency pressures involve the US dollar and the Japanese yen, driven by a 275 basis point gap with the Federal Reserve and internal dissent within the Bank of Japan. In domestic Italian politics, plans remain in place for a decree extending the Euro 5 diesel ban to 2027.

    What is confirmed

    • The pound to euro exchange rate remained under pressure after the Bank of England held interest rates at 3.75%.
    • The Bank of England hold reinforces expectations that UK policymakers will remain more cautious than the ECB and Federal Reserve.

    Still unconfirmed

    • Fiorentina hosts Napoli at the Franchi in a Serie A lunch match available on Dazn and Sky.

    What to watch next

    • Decisions from the European Central Bank regarding further interest rate tightening to counter euro zone inflation above 3 percent.
    • Future exchange rate movements in the USD/JPY pair relative to the 275 basis point gap with the Federal Reserve.
    Sources used for this update (3)

    1. www.swissinfo.ch — Trump-Xi Showdown Casts a Shadow Over the Global Economy
    2. jen.jiji.com — Serie A, today Fiorentina-Napoli 0-0 - Live
    3. www.currencynews.co.uk — Pound-to-Euro Outlook: BoE 6-3 Hold Leaves GBP/EUR Under Pressure
    confidence 90%
11. 31d ago

    Euro Zone Inflation Above 3% Keeps Tightening Focus Alive

    Euro zone inflation stays above 3 percent, leaving further central bank tightening in focus for international financial markets. In other currency action, the dollar surged to 157.90 against the yen after a divided Bank of Japan hike failed to lift the Japanese currency. Trading News reported the USD/JPY jumped 1.2% to a two-week high following two dissenting votes against raising rates to 1.25%. A 275 basis point gap with the Federal Reserve favors a move to 159. Meanwhile, Deputy Prime Minister Matteo Salvini announced plans for a decree extending the Euro 5 diesel ban to 2027.

    Why it matters

    Global markets previously reversed course on September 17 Eastern Time after the Federal Reserve executed its first rate hike in three years. Chip stocks subsequently led a United States equity rally while gold reclaimed $4,300. Central bank policy divergences and persistent inflation continue to drive intense volatility across international currency and commodity desks.

    What is confirmed

    • Euro zone inflation remains above 3 percent, keeping further central bank tightening in focus.
    • The USD/JPY jumped 1.2% to a two-week high of 157.897.
    • Two Bank of Japan members dissented against the hike to 1.25%.

    Still unconfirmed

    • A 275bp gap with the Fed favors the dollar breaking 159 against the yen.

    What to watch next

    • Further central bank rate decisions and inflation prints from the euro zone
    • USD/JPY movements testing the 159 threshold
    Sources used for this update (2)

    1. www.share-talk.com — SP Angel – Today’s Market View, Friday 18th September 2026
    2. www.tradingnews.com — Dollar Surges to 157.90 as BoJ's Divided Hike Fails to Lift the Yen — Break of 158.87 Opens 159
    confidence 90%
12. 32d ago

    Global Markets Reverse Following Federal Reserve Rate Hike

    Global markets reversed course on September 17 Eastern Time following the Federal Reserve's first rate hike in three years, with chip stocks leading a United States equity rally while gold reclaimed $4,300. In Europe, Deputy Prime Minister Matteo Salvini announced plans for a decree extending the Euro 5 diesel ban until 2027 to protect workers. Meanwhile, euro zone inflation remains above 3 percent, keeping further central bank tightening in focus across international financial markets.

    Why it matters

    Central banks are actively reshaping monetary policy as the Federal Reserve initiates its first rate hike in three years. These shifts drive volatility across global equities, commodities like gold, and regional regulatory disputes in Europe regarding transportation rules.

    What is confirmed

    • Global markets reversed on September 17 Eastern Time following the Federal Reserve's first rate hike in three years, with chip stocks leading a US rally and gold reclaiming $4,300.

    Still unconfirmed

    • The League's goal for the car tax is to go above 80 kW of power to involve a greater number of cars in the coming budget law.

    What to watch next

    • The next Council of Ministers meeting regarding the Euro 5 diesel ban extension.
    • Upcoming budget law negotiations concerning the car tax engine capacity threshold.
    • Further trader assessments of Federal Reserve policy cues.
    Sources used for this update (3)

    1. finance.biggo.com — Market Reverses Overnight After Fed Rate Hike: Chip Stocks Lead US Rally, Gold Reclaims $4,300
    2. jen.jiji.com — Euro 5 diesel, Salvini: "In the next Council of Ministers, extension until 2027"
    3. www.mitrade.com — Gold rebounds to near $4,350 on weaker US Dollar, falling oil prices
    confidence 90%
13. 33d ago

    Stocks Rise Ahead of Federal Reserve Decision

    Global equities show modest gains as markets await a Federal Reserve decision, buoyed by a strong retail sales report alongside easing bond yields and oil prices. In India, the NSE IPO remains in focus while the Sensex and Nifty hold firm despite pressure on IT stocks. This comes as financial markets react to anticipated central bank moves, including a near 90 percent chance of a Federal Reserve rate hike, an expected Bank of Japan rate target of 1.25 percent, and euro zone inflation moving back above 3 percent.

    Why it matters

    Global financial conditions reflect intense sensitivity to central bank policies and currency pressures. A strengthening US dollar index, supported by 5 percent Treasury yields, continues to weigh on the euro and British pound amid equity slides driven by oil prices and artificial intelligence concerns.

    What is confirmed

    • A strong retail sales report alongside easing bond yields and oil prices are giving a modest lift to stocks.

    Still unconfirmed

    • There is a near 90 percent chance of a Federal Reserve rate hike.

    What to watch next

    • The upcoming FOMC rate decision
    • Real-time subscription data from the NSE IPO
    • Further movements in bond yields and oil prices
    Sources used for this update (2)

    1. www.thehindubusinessline.com — Sensex today | Stock Market Live: Sensex, Nifty hold firm; IT stocks under pressure, NSE IPO in focus
    2. pro.thestreet.com — Stocks See Modest Gains Ahead of the Fed
    confidence 90%
14. 34d ago

    Global Markets Anticipate Central Bank Shifts Amid Fed and BOJ Moves

    Global financial markets are reacting to anticipated central bank actions, including a near 90 percent chance of a Federal Reserve rate hike and an expected Bank of Japan rate target of 1.25 percent. In India, equity markets closed higher on Wednesday, with the BSE Sensex rising 332.63 points to 74,336.45 and the Nifty 50 gaining 99 points to 23,217.60, tracking regional gains and US Federal Reserve expectations. Meanwhile, the euro and British pound face downward pressure from a strengthening US dollar index supported by 5 percent Treasury yields and ongoing equity slides driven by oil prices and AI concerns.

    Why it matters

    This monetary shift follows a period of high inflation in the euro zone, where the European Central Bank previously raised its deposit rate to 2.5 percent. Global markets are focusing heavily on central bank policy trajectories as interest rates adjust globally. Currency valuations are being tested by widening policy gaps between major economies, influencing trading pairs such as USD/JPY.

    What is confirmed

    • The BSE Sensex rose 332.63 points, or 0.45 percent, to 74,336.45 on Wednesday.
    • The Nifty 50 gained 99 points, or 0.43 percent, to close at 23,217.60 on Wednesday.

    Still unconfirmed

    • A Friday Bank of Japan hike to 1.25 percent targets 153.40 for USD/JPY, while 15.4 trillion yen of intervention caps rallies below 160.

    What to watch next

    • The upcoming Federal Reserve interest rate decision and potential rate hike implementation.
    • The Bank of Japan policy announcement regarding the anticipated rate target.
    Sources used for this update (4)

    1. www.tradingnews.com — USD/JPY (155.09) Faces 275bp Policy Gap as BOJ Prepares 31-Year-High Rate — Close Below 154 Opens 153.40
    2. jen.jiji.com — Yuri Nakamura, star of 'Romantics Anonymous', dies at 44
    3. www.thehindubusinessline.com — Sensex today | Stock Market Highlights: Sensex gains 333 points, Nifty rises 99 points; FMCG, PSU banks outperform
    4. jen.jiji.com — Diver found dead in Alghero: awaiting autopsy results on Francesco Pagni's body
    confidence 85%
15. 35d ago

    Fed Rate Hike Bets Strengthen as Global Markets Face Super Central Bank Week

    Global financial markets are entering a super central bank week with Federal Reserve rate hike odds nearing 90%. The US dollar index is strengthening, supported by 5% Treasury yields and expectations of a Fed hike, which is putting downward pressure on the euro and British pound. Equities have resumed a slide driven by oil prices and concerns regarding AI. This monetary shift follows a period of high inflation in the euro zone, where the European Central Bank previously raised its deposit rate to 2.5 percent.

    Why it matters

    The current volatility stems from a combination of geopolitical tensions and persistent inflation. Brent crude oil recently hit $100 per barrel after US strikes on Iranian tankers, positioning oil as a primary driver of inflation. Central banks are now adjusting policy to counter these price pressures.

    What is confirmed

    • The US dollar index is strengthening due to 5% Treasury yields and bets on a Federal Reserve rate hike.
    • Equities are sliding under pressure from oil prices and AI concerns.

    Still unconfirmed

    • The Federal Reserve rate hike odds are near 90%.

    What to watch next

    • Upcoming policy decisions from the Federal Reserve, Bank of Japan, Bank of England, and Taiwan's Central Bank
    • US producer price index data
    Sources used for this update (9)

    1. jen.jiji.com — EU: Poland's minister foresees more Russian provocations (2)
    2. jen.jiji.com — Serie A, today Lazio-Milan - Live
    3. finance.biggo.com — Super Central Bank Week Arrives: Fed Rate Hike Odds Near 90% as Global Monetary Policy Reaches Inflection Point
    4. pro.thestreet.com — Equity Slide Resumes, Pressured by AI Concerns and Oil Prices
    5. jen.jiji.com — Santoro against Ranucci: "Unforgivable that he did not distance himself from Lavitola, who confessed to the attack"
    6. financialpost.com — Odds of a Bank of Canada rate hike in December rise with oil in the inflation 'driver's seat,' say economists
    7. www.fxempire.com — US Dollar Price Forecast: Fed Hike Bets Lift DXY as EUR and GBP Weaken
    8. jen.jiji.com — Grande Fratello Vip, today the Open House only for four contestants. Cesara Buonamici: "Ready to have fun"
    9. www.share-talk.com — SP Angel – Today’s Market View, Tuesday 15th September 2026
    confidence 80%
16. 39d ago

    ECB Raises Rates to 2.5 Percent as Iran Conflict Drives Inflation

    The European Central Bank raised its deposit rate to 2.5 percent following a surge in euro zone inflation above 3 percent, reaching a three-year high. Brent crude oil prices hit a 15-week high of $100 per barrel after the United States destroyed five Iranian oil tankers, prompting retaliatory strikes from Tehran. The central bank lifted its inflation outlook while lowering the eurozone economic growth forecast to 0.9 percent for this year. Traders are awaiting U.S. producer price index data and watching foreign exchange markets as the U.S. dollar struggles despite higher Treasury yields.

    Why it matters

    The escalation of military conflict in the Middle East has sent energy costs soaring, forcing monetary authorities to respond aggressively to price pressures. European gas prices have hit peaks, and long-term borrowing costs have climbed to their highest levels in decades amid global economic tensions. These hostilities follow earlier American strikes on Iranian oil tankers and subsequent attacks on U.S. targets, creating persistent risks for portfolio investors and global supply chains.

    What is confirmed

    • The European Central Bank raised its deposit rate to 2.5 percent as euro zone inflation reached a three-year high.
    • Brent crude oil prices hit a 15-week high of $100 per barrel after the U.S. destroyed five Iranian oil tankers.
    • The eurozone economy is now seen growing 0.9 percent this year by the central bank.

    Still unconfirmed

    • Markets now expect the Federal Reserve to hike interest rates next week.

    What to watch next

    • Upcoming U.S. PPI data releases and Federal Reserve policy decisions
    • Further developments in the U.S.-Iran conflict affecting global oil supply and prices
    • Foreign exchange movements in EUR/USD and GBP/USD pairs
    Sources used for this update (6)

    1. www.yahoo.com — Oil hits $100 per barrel as U.S. and Iran launch new attacks
    2. www.fxempire.com — US Dollar Price Forecast: DXY Stays Weak as ECB Hike Looms and Inflation Risks Rise; EUR/USD and GBP/USD in Focus
    3. www.zawya.com — In a global economic heatwave, beware financial wildfires: Mike Dolan
    4. jen.jiji.com — Messi president, the Argentine champion will buy a second club in Spain
    5. coincentral.com — ECB Raises Rates Again as Iran War Keeps Inflation High in Europe
    6. www.theglobeandmail.com — ECB raises interest rates in effort to curb energy-fuelled inflation
    confidence 95%
17. 41d ago

    ECB expected to hike rates as Brent crude tops $100 amid US-Iran conflict

    The European Central Bank is expected to raise interest rates this Thursday to combat inflation driven by surging energy costs. Brent crude oil prices exceeded $100 a barrel on Wednesday following fresh Iranian attacks on US targets in the Middle East. These hostilities follow American strikes on Iranian oil tankers. With European gas prices hitting peaks and oil rising over the last month, the ECB is adopting a cautious stance to prevent widespread price increases as global tensions escalate.

    Why it matters

    Euro zone inflation recently hit 3.0%, prompting economists to anticipate a 25-basis-point increase to the deposit rate. This occurs while global borrowing costs in major financial centers have reached multi-year highs. The situation is compounded by a broader bond market selloff.

    What is confirmed

    • Brent crude oil prices spiked above $100 a barrel on Wednesday.
    • Iran launched attacks against US targets in the Middle East in response to American strikes on Iranian oil tankers.
    • The European Central Bank is widely expected to increase interest rates on Thursday.

    Still unconfirmed

    • European gas prices have hit their highest levels.
    • Brent crude has risen over the last month.

    What to watch next

    • The ECB interest rate decision on September 10
    • US inflation data to determine Federal Reserve actions
    Sources used for this update (7)

    1. jen.jiji.com — Sfera Ebbasta case at San Siro, Lucarelli brings up the comparison with Elodie and the dance troupe: what's happening
    2. jen.jiji.com — Pensions, Fornero: "Giorgetti contradicts himself, the League's proposal also creates unequal treatment"
    3. jen.jiji.com — Just 1000 more steps a day to protect your heart
    4. jen.jiji.com — UK, France, and Canada sanction Israeli settlers in West Bank: here's what they export to the EU
    5. cyprus-mail.com — ECB set to raise interest rates as energy prices drive inflation
    6. www.theglobeandmail.com — In a global economic heatwave, beware financial wildfires
    7. finance.yahoo.com — Brent oil passes $100 on Mideast flare-up, stoking inflation fears
    confidence 90%
18. 42d ago

    ECB Expected to Raise Deposit Rate to 2.50% on September 10

    The European Central Bank is expected to increase its deposit rate to 2.50% during its meeting on September 10. A Reuters survey of 65 economists conducted between August 31 and September 3 showed unanimous agreement on a 25-basis-point hike. This move follows euro zone inflation hitting 3.0%. Simultaneously, global borrowing costs have reached multi-year highs in financial centers including New York, London, Tokyo, and Sydney due to a widespread bond market selloff. Markets are now awaiting U.S. inflation data to determine the Federal Reserve's next steps.

    Why it matters

    Persistent inflation and resilient growth are forcing central banks to maintain high borrowing costs. The synchronization of rate hikes between the ECB and the Federal Reserve influences global asset prices and currency stability. A bond market selloff has already increased costs across major global hubs.

    What is confirmed

    • The European Central Bank is expected to raise its deposit rate to 2.50% on September 10.
    • A Reuters survey of 65 economists conducted from August 31 to September 3 predicted a 25-basis-point increase.
    • Borrowing costs have reached multi-year highs in New York, Tokyo, London, and Sydney.

    Still unconfirmed

    • The Federal Reserve will make a rate decision on September 16.
    • The August CPI report due Friday will reshape the Federal Reserve's rate decision.

    What to watch next

    • ECB interest rate decision on September 10
    • U.S. August CPI report release this Friday
    • Federal Reserve policy decision on September 16
    Sources used for this update (5)

    1. finance.yahoo.com — ECB Rate Hikes: Why Markets See More Tightening Than Many Economists Expect
    2. finance.biggo.com — Wall Street Braces for Pivotal CPI Report as Fed Rate Hike Odds Climb
    3. www.thestar.com.my — Good evening, Mr Bond
    4. www.europesays.com — Wall Street Braces for Pivotal CPI Report as Fed Rate Hike Odds Climb — BigGo Finance
    5. www.cointribune.com — Bitcoin: Will the Fed and ECB Raise Their Rates in September?
    confidence 90%
19. 43d ago

    ECB Plans Another Rate Hike as Euro Zone Inflation Hits 3%

    The European Central Bank plans a second rate hike for 2026, raising its deposit rate to 2.50% as euro zone inflation reaches 3.0% amid surging energy prices. Financial institutions expect borrowing costs to stay elevated longer due to persistent inflation risks and resilient economic growth. Meanwhile, global markets face a bond market selloff that has pushed borrowing costs to multi-year highs across major financial centers from Tokyo to New York. This monetary tightening cycle comes as an upcoming central bank meeting takes center stage this week.

    Why it matters

    The resurgence of euro zone inflation above the 3% target forces policymakers to extend monetary tightening measures originally expected to conclude sooner. Surging energy prices remain the primary driver behind the persistent inflation risks confronting the region. At the same time, global bond markets are reacting to broader economic pressures, driving up borrowing expenses worldwide.

    What is confirmed

    • Eurozone inflation hits 3.0% amid surging energy prices.
    • The European Central Bank plans a second rate hike in 2026 to raise its deposit rate to 2.50%.
    • A bond market selloff has pushed borrowing costs to their highest in years from Tokyo and Sydney to London and New York.

    What to watch next

    • The upcoming European Central Bank meeting and its official rate decision
    • U.S. inflation data releases this week
    Sources used for this update (4)

    1. www.briefs.co — Heat Waves Lift Crop Prices, but Farmers Still Window-Shop for Big Machines
    2. en.protothema.gr — What we learned from the TIF: the giant giveaway package, the PM’s inevitable comparison with the other two, and the “we’re all one big family” culture of ministers ...
    3. cryptobriefing.com — European Central Bank plans another rate hike for insurance as inflation stays stubbornly above target
    4. www.lse.co.uk — GRAPHIC-Take Five: Good evening, Mr Bond
    confidence 90%
20. 45d ago

    J.P. Morgan and BNP Paribas Forecast December ECB Rate Hike

    J.P. Morgan and BNP Paribas now expect the European Central Bank to implement a 25-basis-point rate hike in December. This shift follows previous expectations that the tightening cycle would end sooner. The firms cite elevated energy prices and persistent inflation risks as the primary drivers for the revised outlook. This suggests borrowing costs in the euro zone will stay high longer than anticipated, supported by resilient regional economic growth and ongoing concerns regarding energy supplies.

    Why it matters

    Eurozone inflation hit 3.3% in August, driven by energy costs. This surge puts pressure on the ECB to raise rates to stabilize prices. The Dax index currently stands at 26,100 points as investors react to the prospect of further increases.

    What is confirmed

    • J.P. Morgan and BNP Paribas forecast a 25-basis-point ECB rate hike in December.
    • The Dax is at 26,100 points.

    Still unconfirmed

    • Strategists believe the gloomy mood among Dax investors will not brighten due to further rate increases.
    • Resilient regional economic growth and energy supply concerns are driving the revised ECB outlook.

    What to watch next

    • European Central Bank interest rate decision next week
    • U.S. Non-Farm Payrolls (NFP) report at 12:30 GMT
    Sources used for this update (4)

    1. www.fxempire.com — Silver (XAG) Forecast: Silver Rallies as Waller Comments Pressure Rate-Hike Odds
    2. www.fxempire.com — Gold (XAU/USD) & Silver Price Forecast: NFP Takes Center Stage as Fed Hike Bets Ease
    3. www.marketscreener.com — Rate jitters could deepen Dax investors' autumn blues
    4. english.aawsat.com — J.P. Morgan, BNP Paribas Forecast December ECB Rate Hike
    confidence 90%
21. 46d ago

    Eurozone inflation exceeds 3% as ECB weighs interest rate hikes

    Eurozone inflation reached 3.3% in August due to rising energy costs, pushing the rate above 3% and toward a three-year high. This surge increases the likelihood of European Central Bank interest rate hikes. Policymaker Nagel indicated a potential increase next week, though he remains cautious. Other officials, such as Simkus, believe a single September hike will not suffice to curb inflation. The price spike has already triggered a selloff in the bond market.

    Why it matters

    Persistent inflation forces the ECB to balance price stability against economic growth. A conflict of attrition in Iran is cited as a potential factor that could keep inflation elevated over the long term.

    What is confirmed

    • Eurozone inflation rose to 3.3% in August.
    • Surging energy prices drove the inflation increase.
    • The inflation rate is near a three-year high.

    Still unconfirmed

    • A conflict of attrition in Iran could sustain high inflation levels.

    What to watch next

    • ECB interest rate decision next week
    • Further energy price fluctuations
    • Upcoming inflation data reports
    Sources used for this update (4)

    1. www.sandiegouniontribune.com — San Diego Union-Tribune
    2. consent.yahoo.com — Tesla, Inc. (TSLA) Stock Forum & Discussion - Yahoo Finance
    3. www.fxempire.com — US Dollar Price Forecast: Weak ADP Hits DXY as NFP Becomes the Next Test; Key Levels for EUR/USD and GBP/USD Today
    4. pro.thestreet.com — Welcome to TheStreet Pro
    confidence 80%
22. 47d ago

    Eurozone inflation hits 3.3% in August sparking ECB rate hike bets

    Eurozone inflation rose to 3.3% in August, driven by surging energy prices. This increase brings inflation back above 3% and near a three-year high, strengthening expectations that the European Central Bank will raise interest rates. ECB policymaker Nagel has signaled a hike for next week, though he remains cautious about further moves. Some officials, including Simkus, argue a September hike alone will be insufficient, while others warn that a conflict of attrition in Iran could sustain high inflation levels. The price jump has also contributed to a selloff in bonds.

    Why it matters

    The ECB is balancing inflation control against economic stability. Energy price volatility is a primary driver of the current spike, making the central bank's upcoming policy decisions critical for market stability.

    What is confirmed

    • Eurozone inflation rose above 3% in August.
    • August inflation reached 3.3% due to surging energy prices.
    • The current inflation level is near a three-year high.
    • ECB policymaker Rehn warned that a conflict of attrition in Iran could keep inflation high.

    Still unconfirmed

    • ECB policymaker Makhlouf said the upcoming policy decision will not surprise anyone.

    What to watch next

    • The ECB policy decision scheduled for next week
    • Further data on energy price trends
    • Updates on the conflict in Iran
    Sources used for this update (16)

    1. CNBC — Euro zone inflation is back above 3%. Higher interest rates are likely to follow
    2. Reuters — Euro zone inflation rises above 3%, cementing ECB rate hike bets
    3. Financial Times — ‘Conflict of attrition’ in Iran could keep inflation high, ECB policymaker warns
    4. wsj.com — Eurozone Inflation Picks Up, Adding Fuel to Bond Selloff
    5. Euronews.com — Eurozone inflation jumps to 3.3% in August as energy prices surge
    6. Reuters — Iran war could keep inflation high, ECB policymaker Rehn warns, FT reports
    7. WSJ — Eurozone Inflation Climbs to Near Three-Year High Ahead of ECB Meeting
    8. Bloomberg.com — ECB’s September Hike Won’t Be Enough, Simkus Tells Econostream
    9. Reuters — ECB says energy-led inflation spike justifies June rate hike
    10. FocusEconomics — Inflation picks up in August from July
    11. investingLive — ECB policymaker Makhlouf says upcoming policy decision will not surprise anybody
    12. Financial Times — ECB must be prepared to lift interest rates further, says top policymaker
    confidence 90%