Euro area: Inflation jump supports ECB hike – Commerzbank

Commerzbank’s Dr. Vincent Stamer notes that Euro area headline inflation rose to 3.3% in August from 2.9% in July, driven mainly by higher energy prices linked to the Middle East conflict.
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Japanese Yen weakens as Japan’s 10-year yield hits 3% for first time since 1996

USD/JPY trades around 160.05 on Tuesday at the time of writing, gaining 0.19% on the day, as the Japanese Yen (JPY) remains under pressure against the US Dollar (USD).
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