See the full story in the original article.
Read the original on azerbaijannews.net ↗
Keywords
ECBinterest ratesinflationeuro
Open a keyword to see other news on the same topic.
Related tickers and likely impact
EUR/USD
▲ Likely positiveRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/16/2026 | 1.12393 |
| Change that session | +0.16% |
DXY
▼ Likely negativeRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/16/2026 | 101.78 |
| Change that session | -0.20% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- ECB may raise rates by 50 bps by mid - 2027 as energy prices fuel inflation : Report
- ECB may raise rates by 50 bps by mid - 2027 as energy prices fuel inflation : Report
- ECB may raise rates by 50 bps by mid - 2027 as energy prices fuel inflation : Report
- ECB may raise rates by 50 bps by mid - 2027 as energy prices fuel inflation : Report
ICICI Bank Global Markets expects the ECB to raise rates by a cumulative 50 basis points by the first half of 2027, as high energy prices and sticky services inflation keep price pressures above target. The report sees another 25 basis point hike before the end of 2026 and a further 25 basis points in H1 2027, assuming energy and commodity prices stay elevated. Eurozone headline HICP inflation accelerated to 3.8% year-on-year in September from 3.2% in August, driven by energy, which rose to 18.9% from 14.3%. Core inflation edged up to 2.5% from 2.4%, and services inflation rose to 3.2% from 3%, while core goods inflation held at 1.2%. The report attributes the energy surge to geopolitical disruptions in West Asia and warns that persistent pressures could complicate the ECB's return to its 2% target.
- Euro - Area Inflation Reaches 3 . 8 % as Energy Prices Rise 18 . 9 %
Euro-area inflation rose to 3.8% in September 2026 from 3.2% in August, as energy prices climbed 18.9% year over year; inflation was 2.2% in September 2025. The European Central Bank raised its deposit facility rate by 25 basis points to 2.50%, effective Sept. 16, citing inflation pressure linked to the Middle East conflict and saying future decisions depend on incoming data. The Bank of England held its rate at 3.75%, with six policymakers voting to hold and three favoring a rise to 4%. For households, fixed-rate mortgage payments stay unchanged until the fixed period ends, while variable and tracker payments can change; MoneyHelper suggests emergency savings of three to six months of essential expenses. Next indicators are the ECB meeting on Oct. 28-29, Eurostat's inflation estimate on Nov. 4 and the Bank of England decision on Nov. 5.
- Lagarde Says Tighter Financing Will Weigh on Euro - Area Growth
ECB President Christine Lagarde said tighter financing and rising long-term rates will weigh on euro-area growth more than the bank expected in September, while limiting energy-cost spillovers into other prices. Headline inflation was 3.8% in September and core inflation 2.5%, mostly driven by energy, and wages have not yet shifted substantially. The ECB expects inflation to stay above its 2% goal through the first half of 2027 and projects growth of 0.9% in 2026, 1.4% in 2027 and 1.5% in 2028. The ECB raised rates by 25 basis points in both June and September, with the deposit facility rate at 2.50% since Sept. 16, and Lagarde called for a “measured response” without committing to a rate path. Reuters reported that rising global bond yields have pushed up borrowing costs in the euro area, with France among the hardest-hit markets; the next ECB meeting is Oct. 28-29.
Related markets
Latest news
- JPMorgan Backs Two Defense Startups With $5 Billion
JPMorgan has already committed half of its $10 billion investment pool to hypersonic-missile maker Castelion and defense manufacturer Hadrian. The bet reflects America's push to rebuild its defense industrial base.
- X-Energy, Amazon, AEP Partner To Evaluate Feasibility Of 960 MW Nuclear Project In Indiana – A Look At The Key Highlights
X-energy and American Electric Power (AEP) announced a joint development agreement to evaluate the feasibility of a proposed 960-megawatt small modular reactor project in Indiana, with Amazon supporting development through a milestone-based funding agreement. The plant would feature 12 Xe-100 units near the former Breed Generating Station in Sullivan County, redeveloping an AEP-owned brownfield site. It is the second commercial project under the X-energy and Amazon collaboration, which aims to bring more than 5 gigawatts of new nuclear capacity to the U.S. grid by 2039. At the time of writing, XE was up 2%, AMZN gained 3.75%, and AEP fell 1.13%.
- Waymo Will Be “a Trillion Dollar Business. Easy” per VC Investor
Bessemer Venture Partners' Sameer Dholakia says Waymo could become a trillion-dollar business by expanding from ride-hailing into personal car ownership, trucking and logistics. The article notes Bessemer invested in Waymo's $16 billion February round, which valued the company at $126 billion. Waymo reached 500,000 paid rides a week in March, but Sacra estimates its annualized revenue at only $355 million in February, under 0.1% of Alphabet's $403 billion in 2025 revenue. Alphabet trades at 25.0x forward earnings, within its usual range, while Uber trades at 18.2x, a level analyst Walter Piecyk links to the threat from Waymo and Tesla's Robotaxi.
- Jensen Huang Declares NVIDIA Can Win “in the Absence of Any AI Labs”
NVIDIA CEO Jensen Huang said on the BG2 podcast that about a third of the business, classical computing unrelated to AI labs, is growing 30% to 40% a year, while frontier labs account for roughly 25% to 30% of compute. In the three months to July 26, 2026, revenue rose 106% to $96.2 billion, with AI clouds, industrial and enterprise revenue up 138%. Steve Eisman cited a 10-Q line showing 70% of NVIDIA's accounts receivable comes from five customers, though the article notes receivables are not the same as revenue share. NVIDIA trades at 17.7x forward earnings, near its three-year low of 17.5x and well below its 30.3x average.
- AWS Margin Expansion and Retail Execution Power Amazon (AMZN) in Q3
Wedgewood Partners reported that its Wedgewood Composite returned 2.5% net in the third quarter of 2026, compared with 2.3% for the S&P 500 and 0.9% for the Russell 1000 Growth. In its investor letter, the firm named Amazon a leading contributor, citing AWS revenue growth accelerating to 37% from 17% a year earlier and a 63% rise in the segment's operating income. AWS backlog of around $500 billion is more than double last year's level and up 37% from 90 days earlier, and Wedgewood said this demand supports a plan to double AWS capacity from circa 2025 levels by 2027. Advertising grew 26% and generated over $75 billion in revenue over the past 12 months. As of October 16, 2026, Amazon closed at $250.00, with a market capitalization of $2.7 trillion and a 21.22% gain over the past year.
- Bitcoin is rejected at $83K as US bond yields reverse higher with equities
Bitcoin failed to follow rising equities as a wall of sell orders above $83,000 across exchanges capped gains, and BTC slipped below $82,000 after Monday's Wall Street open. The Nasdaq Composite gained 1.5% and South Korea's KOSPI rose 1.76% to 5,768 points, while the US 10-year yield climbed to 5.13% and the 30-year to 5.46%, moving in step with stocks ahead of major tech earnings from Meta, SpaceX and Tesla. QCP Capital warned that a repeat of last week's tech sell-off could threaten the $80,000 support level. Crypto liquidations totaled $335 million over 24 hours, and the Binance whale ratio fell to 0.45 from 0.54 at the start of October.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.