U.S. Treasury Secretary Bessent said there is only one "czar" in artificial intelligence: President Trump.

UK Prime Minister Burnham reiterated his pre‑campaign claim that the UK is "overexposed" to global bond markets and should not be "held hostage" by them. The comment, which previously unnerved investors, has raised concern that the new government could pursue looser fiscal policy. Burnham said he has pledged fiscal discipline to calm markets but still stands by his earlier view. "The view on bond markets still holds — I mean, the country has left itself overexposed," he said, adding he favours a "leaner, more efficient government."

Preliminary S&P Global PMIs: Germany composite PMI rose to 53.8 in September from 51.8 in August, the highest since October last year. Economists polled by Refinitiv had expected 51.8. Services PMI climbed to 52.9 from 49.7, a seven-month high that ended five months of contraction. Manufacturing PMI eased to 53.8 from 54.3 but remained in expansion. S&P Global Market Intelligence deputy head of economics Phil Smith said the initial data signal the fastest pace of business activity growth in nearly a year, with services rejoining manufacturing. Despite renewed inflationary pressures, firms reported faster output growth, stable near-term expectations and a second consecutive month of employment gains.