Trump says US stocks have recorded 91 all-time highs in under two years and that 401(k) retirement account balances have risen sharply.

Brent crude slipped below $100/barrel for the first time since Oct. 8, down 3.6% intraday.

An ECB governing council member said the bank may need to maintain a hawkish stance and guard against inflation shocks. They warned core inflation could rebound via second-round pass-through from goods and services prices, pushing inflation higher and requiring a degree of hawkish policy. The ECB has already raised rates twice; markets widely expect another hike in December. Euro-area inflation rose to 4% in October, a three-year high.