Notes/observations - Japan LDP party elects hawkish former defense min Ishiba as its new leader ; Previously expressed support for BOJ rate hikes. Ishiba won in knockout round against dovish Takaichi. Japanese Yen heavily strengthened, moving USD/JPY to 143 from 146.4 earlier. Nikkei futures down >1000 points since cash close.
- Denmark Aug Retail Sales M/M: +0.4% v -0.1% prior; Y/Y: 3.1% v 3.7% prior. - Hungary Aug Unemployment Rate: 4.2% v 4.2%e. - France Sept Preliminary CPI M/M: -1.2% v -0.7%e; Y/Y: 1.2% v 1.6%e. - France Sept Preliminary CPI EU Harmonized M/M: -1.2% v -0.8%e; Y/Y: 1.5% v 1.9%e. - France Aug PPI M/M: 0.2% v 0.3% prior; Y/Y: -6.3% v -5.7% prior. - France Aug Consumer Spending M/M: +0.2% v -0.1%e; Y/Y: 0.0% v -0.6%e. - Spain Q2 Final GDP Q/Q: 0.8% v 0.8% prelim; Y/Y: 2.9% v 2.9% prelim.