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September producer prices were expected to increase 0.6% month over month and 5.5% annually, according to the consensus estimate by Dow Jones.

'We see real risks the Fed will deliver another rate hike in two weeks' time,' one Fedwatcher warns

The exchange comes as U.S. debt exceeds $40 trillion and 10-year Treasury yields remain above 5%, intensifying scrutiny of the fiscal outlook.

France opens debate on its 2027 budget as high deficits, rising debt and student protests intensify pressure on lawmakers.

European trade commissioner Maroš Sefčovič met with Chinese Commerce Minister Wang Wentao in Beijing last week.

The U.K. is grappling with a cost-of-living crisis sparked by sticky inflation and surging energy costs.

The IMF raised its 2026 global growth forecast to 3.1%, warning that resilience is tested by energy constraints and looming fiscal risks.