Riksbank said global inflationary pressures remain elevated, driven by supply disruptions linked to the Middle East war.

Bulgarian media reported a passenger plane from Israel landed at Sofia Airport after an earlier bomb threat on board.

ECB wage tracker showed euro-area wages are projected to slow to 2.4% YoY in Jul–Sep 2027, versus 2.8% expected for Q1–Q2 and well below the 5.3% 2024 peak. The slowdown is a positive for the ECB as it contends with inflationary pressure from the Iran war and the risk of second-round wage-price dynamics. Euro-area household inflation expectations rose slightly in September. The ECB held rates last week after 25bp hikes in June and September; officials said they are prepared to hike again next month if the outlook does not improve, noting wages have not yet shown a clear response but flagging wage overshoots as an upside risk to inflation.