Riksbank Deputy Governor JANSSON said Sweden's inflation initially looked favorable, but unexpectedly high inflation readings this summer have clouded the outlook.

China's State Council, chaired by Premier Li Qiang, reviewed a report on urban underground utility network construction and called for accelerated, systems-based development. The meeting urged unified planning, improved institutional mechanisms and tighter coordination between gas, water supply, drainage, sewage, heating networks and utility tunnels to raise overall efficiency; it stressed equal emphasis on construction and long-term management, innovation for sustainable operation, and embedding quality and safety across the construction-to-operation lifecycle.

New York gold futures fell 1.00% intraday to $4,459.00/oz.