Reuters survey expects the Hungarian forint to appreciate 2.0% against the euro in six months to 357.50 per euro, versus a prior forecast of 360.00.

ECB wage tracker showed euro-area wages are projected to slow to 2.4% YoY in Jul–Sep 2027, versus 2.8% expected for Q1–Q2 and well below the 5.3% 2024 peak. The slowdown is a positive for the ECB as it contends with inflationary pressure from the Iran war and the risk of second-round wage-price dynamics. Euro-area household inflation expectations rose slightly in September. The ECB held rates last week after 25bp hikes in June and September; officials said they are prepared to hike again next month if the outlook does not improve, noting wages have not yet shown a clear response but flagging wage overshoots as an upside risk to inflation.

Canada's minister for U.S. trade said he will speak in the coming days with U.S. Commerce Secretary Lutnick and U.S. Trade Representative GREER.