German OTC baseload power fell 27.2% in recent trading to EUR140.50/MWh. French OTC baseload power fell 38.8% in recent trading to EUR116/MWh.

Hong Kong stocks opened lower for tech stocks, with Alibaba (09988.HK) and Baidu (09888.HK) both falling by more than 2%.

US Dollar: 1. US Secretary of State Marco Rubio: The era of free trade agreements "may not exist" for the foreseeable future. 2. The US trade deficit widened to $105.6 billion in August, with a surge in capital goods imports pushing overall US imports to a record high. 3. ADP Weekly Employment Report: In the four weeks ending September 19, 2026, private sector employers added an average of 2,375 jobs per week. 4. Federal Reserve Governor Bowman: The Fed plans to reshape the banking regulatory system and reassess the asset thresholds for stricter regulation. Euro: 1. French Finance Minister: It's far from the point where the ECB needs to bail out the bond market. The reason investors are selling French government bonds is not a lack of confidence, but a decrease in buyers. 2. ECB Chief Economist Lane: No obvious second-round inflation impact seen. 3. ECB Rehn: High yields will suppress energy price transmission. 4. The EU plans to upgrade its joint energy procurement mechanism, appointing market operators for unified procurement. 5. The EU will hold an oil coordination group meeting on Wednesday. Pound Sterling: 1. Bank of England's MAN: Inflation is entrenched in the economy, with concerns that it could rise further to 4% by the end of the year. 2. The contraction in the UK construction sector eased somewhat in September, but business confidence declined and decisions on large projects were delayed. 3. Banks pressured the Chancellor of the Exchequer again ahead of the UK budget, but the Chancellor has not yet decided whether to raise taxes. Yen: 1. Bank of Japan's Ayano Sato: Supports a gradual adjustment of interest rates; previously opposed to rate hikes due to concerns about weak consumption. 2. Japanese manufacturing confidence rose to a near five-year high in October; real wages in Japan rose for the eighth consecutive month in August. 3. The Bank of Japan will purchase 85 billion yen of 10- to 25-year Japanese government bonds, compared to 100 billion yen in the previous round. The Bank of Japan will purchase 330 billion yen of 1- to 3-year Japanese government bonds, compared to 355 billion yen in the previous round. 4. Japanese Prime Minister Sanae Takaichi: If interest rates deviate from expectations, Japan will consider reassessing related policies and the government's budget. Other: 1. Canada's trade surplus with the US widened to a record high in August as it shipped goods ahead of Trump's new tariffs. 2. India raised its benchmark repo rate by 25 basis points to 5.5%, its first rate hike in nearly four years. 3. The Managing Director of the International Monetary Fund (IMF) urged governments to cut spending.