ECB’s de Guindos: Hopes to finish strategy review by the middle of next year 0 (0)

Long way to go before the ECB commits to any firm inflation language
Recently, they have tried to push the on their inflation outlook/mandate but then Lagarde tried to make some inroads to ‚average‘ inflation targeting – similar to the Fed – earlier in the week .

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US September Challenger layoffs 119k vs 116k prior 0 (0)

Latest data released by Challenger, Gray, and Christmas Inc
– 116k
US-based employers announced an additional 118,804 job cuts in September, up 2.6% from August with bars, restaurants, hotels and amusement parks i.e. entertainment and leisure sectors, the bulk that drove layoffs last month.

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Brexit: ‚Landing zone‘ on state aid said to be identified, but fishing is the last sticking point 0 (0)

FT reporter, Sebastian Payne, tweets
Officials with knowledge of the talks say a landing zone on state aid has been identified but „fishing is the last sticking point. We both have to jump together.“

The mood in Whitehall as „cautiously optimistic“ but insiders warn „it’s going to go to the brink.“
report

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ECB’s de Guindos: ECB is not running out of ammunition at all 0 (0)

ECB vice president, Luis de Guindos, says that there is no need to decide on adjusting PEPP immediately
– We are totally open to recalibrating measures
– But no need to decide on adjusting PEPP immediately
This mainly just reaffirms their current policy stance i.e. they still see no urgency to pursue further action just yet despite inflation

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