Brazil central bank survey: 12-month inflation expectations 4.65% (prior 4.60%).

Samsung Electronics and SK Hynix rejected a Korea Electric Power Corp (KEPCO) proposal for prepaid power totaling about KRW25 trillion — roughly five years of bills — intended to fund grid upgrades for a new technology cluster, foreign media report. KEPCO said a spokesperson via text that the two companies ultimately declined the offer. Local reports said the chipmakers cited uncertainty that the current semiconductor boom will persist over a five-year prepayment horizon. The dispute underscores funding strains for Asian utilities as electricity demand from semiconductors and AI rises.

Germany's Economy Ministry said at the start of Q3 previously fairly strong economic momentum slowed.