Hungary's Prime Minister Magyar said he will impose an additional tax on energy companies of HUF 100 billion next year.

Corpay chief market strategist Karl Schamotta said Canada’s September CPI shows no clear evidence that rising energy costs are spilling into broader goods and services. Core inflation excluding food and energy eased to 1.9% from 2.0% in August, a print Schamotta said signals a still‑soft domestic economy. With the BOC’s quarterly business outlook survey due Monday evening, traders may revisit interest‑rate expectations.

Iranian parliament presidium spokesman Goudarzi told Mehr News Agency the Strait of Hormuz has changed the dynamics of the war and the United States has no choice but to respect the will of the Iranian people, withdraw from the region and abandon excessive demands. He said threats, pressure and posturing cannot strip Iranians of their rights or impose foreign will, and warned that if peoples’ rights remain ignored and coercive policies continue, the war cannot be considered truly over; the only solution is recognition of Iranian rights and respect for the will of regional peoples.