The minutes of the Federal Reserve and the European Central Bank will be released, highlighting concerns about inflation

Due to the impact of weak non-farm payroll data from the United States and market turmoil in France, the urgency for interest rate hikes among Federal Reserve and European Central Bank policymakers has diminished. Both central banks will release the minutes from last month's meetings, which will reflect concerns about inflationary pressures. The Federal Reserve's September minutes may indicate expectations for another rate hike before the end of the year, but recent data suggests that the labor market has not fueled inflation, making the threshold for a rate hike in October high.