Korea Exchange triggered a circuit breaker on the KOSDAQ, halting trading for 20 minutes.

Oct 14 (Wed) European close: Germany's DAX rose 36.21 pts (+0.14%) to 25,296.11; UK's FTSE 100 rose 76.11 pts (+0.71%) to 10,726.44; France's CAC 40 rose 45.48 pts (+0.58%) to 7,873.11; EUROSTOXX 50 rose 20.54 pts (+0.33%) to 6,187.55; Spain's IBEX 35 rose 18.96 pts (+0.10%) to 19,229.66; Italy's FTSE MIB fell 271.68 pts (-0.54%) to 49,785.50.

FWDBonds chief economist Chris Rupkey said mounting evidence shows an energy-price shock from the Middle East war is beginning to push up prices for other core goods and services. He warned that if geopolitical risks keep energy costs elevated, firms facing cost pressure will pass it through to consumers and businesses, making inflation more sticky and potentially requiring the Fed to hike further and hold rates higher into 2027.