Eamonn Sheridan

Deutsche Bank: Eurozone resilience keeps ECB doves in check

• Deutsche Bank’s chief European economist asks “Where’s the smoking gun for a rate cut?”

Goldman Sachs says ECB rate cut risk underpriced as data stay mixed

• Goldman’s view suggests traders may need to reprice eurozone rate expectations, with softer inflation and sluggish growth keeping policy bias skewed toward further easing in 2026. Euro yields and the euro currency could stay capped near-term.

ANZ Roy Morgan New Zealand Consumer Confidence Index 92.4 October (prior 94.6)

Economic calendar in Asia Friday, October 31, 2025 - Tokyo CPI, China PMIs

• Asian Economic Calendar: Key Events and Consensus Expectations for 31 October 2025

Apple beats on earnings and services, but China sales disappoint

• Apple’s beat may lend modest support to tech sentiment, though weaker China sales temper the upside. Services strength reinforces the company’s transition toward recurring revenue resilience.