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The German DAX 30 index closed down 303.00 points, or 1.21%, at 24,801.36 on Thursday, October 8th; the UK FTSE 100 index closed down 23.16 points, or 0.22%, at 10,435.34 on Thursday, October 8th; and the French CAC 40 index closed down 39.52 points,

2026-10-08

The German DAX 30 index closed down 303.00 points, or 1.21%, at 24,801.36 on Thursday, October 8th; the UK FTSE 100 index closed down 23.16 points, or 0.22%, at 10,435.34 on Thursday, October 8th; and the French CAC 40 index closed down 39.52 points, or 0.51%, at 7,729.69 on Thursday, October 8th. The Stoxx 50 index closed down 55.94 points, or 0.91%, at 6124.35 on Thursday, October 8th; the Spanish IBEX 35 index closed down 194.89 points, or 1.02%, at 18923.11 on Thursday, October 8th; and the Italian FTSE MIB index closed down 693.75 points, or 1.39%, at 49278.50 on Thursday, October 8th.

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2026-10-08

ECB Executive Board member Dolenc said interest-rate policy can prevent a surge in energy prices from spilling into broader, persistent inflation. He noted monetary policy cannot directly affect energy shocks, geopolitics or structural competitivenes

ECB Executive Board member Dolenc said interest-rate policy can prevent a surge in energy prices from spilling into broader, persistent inflation. He noted monetary policy cannot directly affect energy shocks, geopolitics or structural competitiveness, but can stop an initial price shock from becoming more widespread and long-lasting. The ECB has raised rates twice and is expected to hike again, most likely at the December meeting. September inflation rose to 3.8%, near twice the ECB’s 2% target; Dolenc said roughly 3% inflation is likely to persist through year-end and, absent new shocks, inflation should gradually return to 2% over the next two years while economic growth accelerates.
2026-10-09

BP: Due to Hurricane Isaias, all personnel have been evacuated from the Nakika and Thunder Horse platforms, and production at both platforms has been shut down.

BP: Due to Hurricane Isaias, all personnel have been evacuated from the Nakika and Thunder Horse platforms, and production at both platforms has been shut down.
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