The U.S.September unadjusted CPI year-on-year increase was 3.7%, while the month-on-month increase was 0.6%, with year-on-year growth reaching a new high for this year since May and exceeding expectations.
22V Research's survey of clients showed that 44%of respondents expected the US September CPI to strengthen market risk appetite, while approximately / expected a complex or limited reaction.
U.S. Treasury yields and EUR zone industrial inflation rose, while Russia expanded its foreign-exchange and gold purchases; European and U.S. equities, commodities, and crypto-related assets showed divergent performance.