European Movers: Genmab (GMAB DC) +8%, Sabadell (SAB SM) +3%, Recordati (REC IM) +1.5%, Norsk Hydro (NHY NO) +1.2%, Wienerberger (WIE AV) -4%

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European Movers: Genmab (GMAB DC) +8%, Sabadell (SAB SM) +3%, Recordati (REC IM) +1.5%, Norsk Hydro (NHY NO) +1.2%, Wienerberger (WIE AV) -4%

ECB's Lane (interview from Oct 1st) says there have not yet been “very strong” second-round effects and the degree of pass-through into broader inflation remains uncertain

NBH Kurali says that Hungary must make the euro commitment clear in the 2027 budget

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