Fed's WILLIAMS said he is beginning to see some data that AI is lifting productivity growth.

Iranian deputy foreign minister Araghchi said he expects a final US response to Tehran’s Strait of Hormuz proposal to be transmitted via a Qatari intermediary before Tuesday, signalling the diplomatic channel remains open. Oil initially jumped more than $4 on Monday after Trump rejected Iran’s offer but later gave back most gains as hopes for resumed talks resurfaced; prices rose again today on lingering supply concerns. A US reply that signals negotiation progress could prompt markets to quickly pare the Hormuz-related risk premium and weigh on crude; a breakdown in talks would leave markets facing the same unresolved supply risk seen in recent months.

西班牙9月調和CPI年率初值 5%，預期4.9%，前值4.60%。