– German industrial production fell by -0.2% in August, worse than the expected -0.1%, and declined by -1.75% annually.

– De Guindos of the European Central Bank cautioned that while he anticipates decreasing inflation in the coming months, concerns remain due to oil price fluctuations. He expects current interest rates to stabilize prices, and economic growth in the second half may be minimal.

– Kazaks from the European Central Bank stated that rapid interest rate hikes are in the past, and the likelihood of rate increases in upcoming meetings is low.

– The International Monetary Fund (IMF) noted that recent policy rate increases, tax hikes, and financial sector reforms have reduced risks and boosted investor confidence in Turkey, improving the central bank’s reserve position.

– The Sentix investor confidence index in the Eurozone dropped from -21.5 to -21.9 in October.

– Global market concerns stemming from the Israel-Hamas conflict drove up oil prices. Brent oil, closing at 84.46 last week, opened at 86.26 with intraday gains reaching 89 levels.

– FED’s Logan emphasized that the FED should consider recent tightening of financial conditions when setting policy rates. Sustaining 2% inflation is uncertain, and preventing high inflation is a priority. Strong output and spending contrast with mixed consumer outlook.