Inflation Slowing in Europe, Cryptocurrency Growth, Company News and Fundamental Reviews
Exchange and fundamental news
• German inflation was below forecasts in September at 1.8% year-on-year, the lowest since 2021. Inflation is also falling in France, Italy and Spain, and markets have moved into full pricing of an October rate cut after President Christine Lagarde said on Monday that the trend would be factored in at the next policy meeting on October 17. Traders have priced in another ECB rate cut for December and are selling dollars on the assumption that global inflation is under control and that U.S. rates have more to cut. The euro has failed to break $1.12 but is holding...