Fed Chairman Kevin Warsh lauds the resilience of the global economy but refuses to give any hint on the rate path ahead. President Trump reportedly considers easing restrictions on so-called shadow fleets with ties to Russia and Iran, testing how far Washington’s rapprochement with Moscow will strain ties with Europe. Elsewhere, LVMH's Antoine Arnault pushes back against suggestions luxury names are in trouble, telling CNBC the sector is just in a difficult phase. And Tesla unveils its next-generation Roadster, using SpaceX technology that allows it to hover and drive upside down.

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AI jitters roil markets, pulling tech stocks lower stateside, sparking a sell-off across Asian equities. U.S. inflation comes in hotter-than-expected, with a surge in energy prices accounting for half the rise. Elsewhere, Anthropic tells investors revenue hit almost 17 billion dollars in the third quarter as it lines up for a blockbuster IPO. And U.K. GDP in August comes in at 2.1% - growing at its fastest annual pace in almost 4 years.

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ASML tops third quarter profit forecasts - Europe's largest company flagging order interest through to 2030 as it looks to boost capacity. Elsewhere, ECB President Christine Lagarde essentially rules out intervention by the central bank in France, telling Paris it will have to manage its own debt pile as thousands take to the streets in school protests. And, U.S. regulators hit Bank of America with a fine of more than 1.2 billion dollars, accusing the lender of breaking anti-money laundering and sanctions laws.

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