Hungary's Prime Minister Magyar will submit the 2027 budget to parliament on Monday.

Wells Fargo on Oct. 16 forecast US September housing starts to fall 2.0% MoM to a 1.25 mln annualized pace; the data are due next Tuesday. The bank said mortgage rates rose above 7% at end-September, worsening purchase affordability, and starts have fallen in four of the past five months. An NAHB survey showed builders' expectations for future sales deteriorated and price cuts increased. Multifamily construction is being weighed down by higher financing costs and limited rent growth. A pullback in building permits is another reason Wells Fargo expects September starts to decline.

Fox News reported Trump said he is not in a hurry to appoint a new White House press secretary.