ENERGY PRICES SET TO WEIGH ON CONSUMER CONFIDENCE

What happened: The flash euro area consumer confidence indicator for October is released and is expected to show a small decline after recent rises in energy costs. Why it matters: The forecaster is adjusting its BoE forecast to include a rate hike in November as inflation concerns have risen and growth has strengthened. In Japan, inflationary pressures are starting to put more pressure on the BoJ to hike rates again, with a solid growth picture pointing towards another hike in December.

Energy prices weighing on consumer confidence signals macro headwind.

Energy prices weighing on consumer confidence signals macro headwind. — impact context not separately stored; see What changed.