Foreign exchange gains offset by equity, bond market weakness
With the weakening economic outlook, the European Central Bank is expected to hold rates in December
Merchandise trade down, services activity flat from previous quarter
Strong U.S. economy single-handedly drives G7 results
Big project needed to galvanize creation of single capital market
Slowing forecasts diverge as the growing pain of higher rates plays out
Short-term expectations increase, long-term view unchanged
Slowdown in September followed two months of faster price rises
Trading volumes fell, fragmentation, specialization increased since U.K. left
The forecast for core inflation was also revised downward in the latest ECB survey