News

Lufthansa CEO: The U.S. government shutdown has impacted European airlines due to air traffic control challenges.

The French Socialist Party will not oppose the government in a motion proposed by the far left and far right, but will introduce a motion of no confidence on its own if it is dissatisfied with the budget proposals, sources said.

The yield on 10-year British government bonds fell by about 8 basis points to 4.585%, the lowest since August 14.

Russian Ministry of Defense: Russian military strikes against Ukraine’s transportation, fuel and energy infrastructure.

Russian Ministry of Defense: Russian troops occupied the Balakhan settlement in eastern Ukraine.

The ZEW economic conditions index for the Eurozone in October was -31.8, compared with the previous value of -28.8.

German think tank ZEW: Experts still hope that the economy will improve in the medium term.

The European Commission has revised its "Drone Wall" proposal and proposed a broader "European Drone Defense Initiative", three EU sources said.

German think tank ZEW: Global uncertainty still exists, and the implementation of the national investment plan still lacks clarity.

Turkish President Erdogan: Israel has a poor record on ceasefire agreements, and Türkiye and the United States are determined to implement the new agreement.

Turkish President Erdogan: Türkiye has discussed who can participate in the reconstruction of Gaza and will seek support from Gulf countries, the United States and Europe.

The ZEW Economic Sentiment Index for the Eurozone in October was 22.7, compared with the previous value of 26.1.

Germany’s October ZEW Economic Sentiment Index was 39.3, expected 41, and the previous value was 37.3.

Germany's October ZEW economic status index was -80, expected -74.8, and the previous value -76.4.

ConocoPhillips CEO: Permian Basin is growth engine for U.S. oil, while Bakken and Eagle Ford regions will likely remain flat.

ConocoPhillips CEO: U.S. oil production will continue to grow based on prices of $60-65/barrel.

The German ZEW Economic Sentiment Index for October and the Eurozone ZEW Economic Sentiment Index for October will be released in ten minutes.

The iTraxx European Cross Index rose 8 basis points to a 3-1/2-month high of 289 basis points on concerns about trade tensions.

France’s fiscal watchdog: France’s budget bill predicts that the 10-year benchmark bond yield will rise to 3.8% in 2026, up from 3.4% in 2025.

France’s fiscal watchdog: The economic assumptions relied on in the 2026 budget plan are too optimistic.