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European stocks rose on Friday, with the STOXX 50 gaining 0.8% after hitting a four-month low, supported by easing oil prices and bond yields. Brent crude retreated from recent highs after US President Donald Trump said Washington would not launch an attack on Iran before the November midterm congressional elections, c
The pound rose against the dollar and euro as investors priced in a higher chance of a November BoE rate hike. Bailey and Ramsden flagged rising inflation risks from high energy prices.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI