Dabrowski, a Monetary Policy Council member of the Polish central bank, said he would not hesitate to support rate hikes if necessary.

IEA monthly oil market report and UK LME inventory change figures for copper, aluminium and nickel through Oct. 14 will be released in ten minutes.

JP Morgan analysts say Dutch semiconductor-equipment maker ASML reported a strong Q3 gross margin of 57.5%, above consensus near 56% and above the company guide of 55–57%. Analysts attribute the outperformance mainly to higher-margin revenue from maintenance, retrofit and upgrade services on already-sold lithography tools as customers continue to service and boost existing equipment. ASML sees Q4 gross margin around 57%, roughly 60bps above consensus at 56.4%. JP Morgan notes maintenance and upgrade demand should remain an important margin support as chipmakers optimize existing fabs and raise utilization of advanced-process tools.