U.S. consumer prices fell more than expected in September, strengthening bets that the Federal Reserve will cut interest rates at its two-day meeting ending Oct. 29. The softer inflation print confirmed expectations for a 25 bp reduction; markets will watch for signs of further easing. #Fed #inflation #FiatNews
U.S. markets hit record highs after Washington and Beijing reported major progress resolving their trade dispute, removing the threat of 100% tariffs on Chinese imports from Nov. 1, according to U.S. Treasury official Scott Bessent. Presidents Donald Trump and Xi Jinping are due to meet later this week. #USChina #markets #FiatNews
Earnings calendar highlights for 28 Oct include reports or pre-market releases from Visa, PayPal, UnitedHealth, Booking Holdings, Logitech, Mondelez, UPS, Seagate and Electronic Arts, among othersβexpect a busy corporate reporting day. #Earnings #FiatNews
Dividend investment theme: With expected Fed rate cuts, dividend stocks are highlighted as alternatives to bonds. Investor Kevin Simpson recommends companies that not only pay dividends but raise them regularly for income and inflation protection. #Dividends #FiatNews
M&A note: US private equity firm KKR has expressed interest in acquiring Costa Coffee from CocaβCola, according to Sky News sources. The potential deal would target the global coffee chain. #KKR #CostaCoffee #FiatNews
Eurozone watchers face a key week: GDP, inflation and credit-activity data are due, along with ECB attention on how the region weathers US tariffs, weak domestic demand and political shocks. Data will test the ECBβs policy outlook. #ECB #Eurozone #FiatNews
Germanyβs business sentiment index (Ifo) improved in October to 88.4 from 87.7 in September, signaling a modest uptick in business mood for Europeβs largest economy. #Germany #Ifo #FiatNews
US and European equity moves: NASDAQ +1.62%, S&P 500 +0.94%, DAX +0.10%, DJ Stoxx 600 +0.08% (latest intraday). These gains followed reports of easing USβChina trade tensions and expectations for central bank easing. #Markets #FiatNews
Prague Stock Exchange was flat; PX slipped 0.05% to 2,352.82 with below-average volume (~CZK 460m). Notable movers: KomerΔnΓ banka -0.94% to CZK 1,051; Moneta -0.67% to CZK 178; ΔEZ -0.62% to CZK 1,288; Erste +0.74% to CZK 2,032; VIG +1.66% to CZK 1,102; Primoco +7.0%. #PX #FiatNews
The Czech koruna was unchanged versus Friday: EUR/CZK stood at 24.31 and USD/CZK at 20.90 (17:00). FX moves were modest amid subdued local trading ahead of Tuesdayβs national holiday. #CZK #EUR #FX #FiatNews