The dollar eased ahead of US CPI, which could affect Fed timing for any further hikes. Investors will watch whether a Middle East conflict-driven energy shock has broadened price pressures. Oil has pulled back recently on hopes of conflict resolution, but volatility remains elevated. A Wall Street Journal economist survey sees Oct headline inf MoM slowing to 0.3% from Sep’s 0.6% and core inf MoM to 0.2% from 0.3%. The DXY index was down 0.12% at 101.55.

Riksbank minutes: Governor Thedéen said a major risk is that sustained supply-side cost increases linked to global geopolitical tensions could interact with a strengthening economy.

The French government will raise the net monthly minimum wage 1.6% to €1,502 (≈$1,680) from Dec. 1 to address cost-of-living protests while seeking to limit additional strain on fragile public finances, the prime minister said after talks with unions and employers. The move is described as the second-largest minimum-wage increase in 20 years. A minority government under pressure from student-led demonstrations that have broadened into wider public discontent—including episodes of violence such as looting and rioting on Oct. 17, though turnout eased last Saturday—says it has limited room to expand spending given a large budget deficit, lack of a parliamentary majority and under six months until the presidential election. Investors have sold French bonds in recent months, pushing up government borrowing costs.