2026-11-07

ECB President Lagarde said the bank has not observed second‑round effects beyond its projections and is monitoring forward‑looking indicators such as multi‑year wage deals and firms' wage expectations, but has seen no signs of change. She said it is premature to pre-judge adjustments to the projections, while noting that since the September forecasts the energy futures curve and long‑term yields have risen — which will affect inflation and growth, despite a recent pullback in oil — and the ECB's

ECB President Lagarde said the bank has not observed second‑round effects beyond its projections and is monitoring forward‑looking indicators such as multi‑year wage deals and firms' wage expectations, but has seen no signs of change. She said it is premature to pre-judge adjustments to the projections, while noting that since the September forecasts the energy futures curve and long‑term yields have risen — which will affect inflation and growth, despite a recent pullback in oil — and the ECB's updated projections will determine how these factors feed into medium‑term inflation.

2026-11-07

ECB President Lagarde said euro-area headline inflation was 4% in October, above expectations a few months ago but in line with market pricing. The increase is largely energy-driven: energy inflation rose to 20.8% in October from 18.9% in September, reflecting the Middle East conflict and weaker global refining capacity; food inflation also picked up. Core inflation excluding energy, food, alcohol and tobacco remained 2.5%, unchanged from September; services inflation edged up to 3.3% but stayed

ECB President Lagarde said euro-area headline inflation was 4% in October, above expectations a few months ago but in line with market pricing. The increase is largely energy-driven: energy inflation rose to 20.8% in October from 18.9% in September, reflecting the Middle East conflict and weaker global refining capacity; food inflation also picked up. Core inflation excluding energy, food, alcohol and tobacco remained 2.5%, unchanged from September; services inflation edged up to 3.3% but stayed within its four-month range. Lagarde said detailed breakdowns are not yet available and will be needed to assess whether services inflation stems from energy-intensive sectors such as transport or from broader indirect pass-through. She warned inflation is likely to remain elevated over the coming quarters, and that higher, more persistent inflation raises risks to the ECB’s medium-term target.

2026-11-07

Iraq foreign minister Hussein said current developments suggest the Middle East could again erupt into war. He said Iraq has lost about $60 billion after oil exports via the Strait of Hormuz were halted; following an agreement with the US and Iran Iraq has resumed oil exports through the strait. Hussein said the US has formally requested closure of all Iraq–Iran land border crossings except two crossings. Iraq has told Iran it seeks a friendly partnership but rejects interference, and there are

Iraq foreign minister Hussein said current developments suggest the Middle East could again erupt into war. He said Iraq has lost about $60 billion after oil exports via the Strait of Hormuz were halted; following an agreement with the US and Iran Iraq has resumed oil exports through the strait. Hussein said the US has formally requested closure of all Iraq–Iran land border crossings except two crossings. Iraq has told Iran it seeks a friendly partnership but rejects interference, and there are signs external actors are using Iraqi territory to strike neighboring states.

2026-11-07

Guojin Securities chief strategist and deputy head Mu Yiling said the A‑share market has been under pressure since mid‑to‑late September, with rising external uncertainty the main driver of the recent pullback. Core blue‑chip valuations are at historically low levels, with growth‑style large‑cap blue chips offering particularly attractive value. On AI, Mu said accelerating domestic substitution gives China’s current AI development clear self‑reliance; if overseas AI prospects waver, China-focuse

Guojin Securities chief strategist and deputy head Mu Yiling said the A‑share market has been under pressure since mid‑to‑late September, with rising external uncertainty the main driver of the recent pullback. Core blue‑chip valuations are at historically low levels, with growth‑style large‑cap blue chips offering particularly attractive value. On AI, Mu said accelerating domestic substitution gives China’s current AI development clear self‑reliance; if overseas AI prospects waver, China-focused domestic‑substitution tech sectors could become a haven for global growth capital.

2026-11-07

U.N. Office for the Coordination of Humanitarian Affairs said emergency stockpiles in Gaza are insufficient to meet the needs of people affected by recent heavy rains and urged immediate entry of winter relief supplies.

U.N. Office for the Coordination of Humanitarian Affairs said emergency stockpiles in Gaza are insufficient to meet the needs of people affected by recent heavy rains and urged immediate entry of winter relief supplies.

2026-11-07

联合国人道主义事务协调办公室：加沙的紧急物资储备不足以满足受雨灾影响者的需求，必须立即允许冬季物资入境。

联合国人道主义事务协调办公室：加沙的紧急物资储备不足以满足受雨灾影响者的需求，必须立即允许冬季物资入境。