European Stocks Flat as Oil Prices Rise, US CPI in Focus 
Asian Stocks Rise as AI Chip Rally Lifts South Korea, Japan 
Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow 
South Korean Won Leads Asian FX Losses as Dollar Rises 
Oil Prices Rise as Hormuz Tensions Threaten Global Supply 
Asian Currencies Steady as Markets Await U.S. Inflation Data 
England Drought Expands to 71% as Heatwave Deepens Water Crisis 
Oil, Gold Rise as Geopolitical Risks Grip Markets Ahead of U.S. CPI 
The German bunds remained flat during European session Tuesday after the country’s ZEW economic sentiment index for the month of October disappointed market participants and investors will now be awaiting the eurozone’s consumer price inflation (CPI) for the month of September, due to be released on October 17 by 09:00GMT.
The German 10-year bond yields, which move inversely to its price, slipped 1/2 basis point to 0.500 percent, the yield on 30-year note edged 1 basis point lower at 1.128 percent and the yield on short-term 2-year traded nearly 2 basis points higher at -0.592 percent by 09:50GMT.
The Mannheim-based ZEW research institute, its monthly survey showed that Germany’s economic sentiment index fell to a -24.7 this month from minus 10.6 in September. That was compared to the consensus forecast for a reading of -12.3. A separate gauge measuring investors’ assessment of the economy’s current conditions fell to 70.1 from 76.0 last month. That compared to analyst’s expectations for a decrease to 74.5.
Lastly, the ZEW’s index of euro zone economic sentiment decreased to -19.4 in October from -7.2 a month earlier. Consensus expected the index to deteriorate to -9.2.
Meanwhile, the German DAX rose 0.27 percent to 11,643.35 by 09:55GMT, while at 09:00GMT, the FxWirePro's Hourly Euro Strength Index remained neutral at 26.98 (higher than +75 represents bullish trend). For more details, visit http://www.fxwirepro.com/currencyindex
