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European Morning Brief · Wednesday 21 October 2026

The Trade Academy Team

1 day ago

1 min read

Brent breaks $110 and UK inflation jumps — while Seoul stages a rebound
British inflation rose more than expected to 3.5% in September, its highest in almost a year, as the war pushed up fuel prices and core and services inflation also accelerated. Brent has climbed above $110 this morning as Iran insists the Strait of Hormuz will stay shut. On Wall Street the Dow rose 1.02% as investors moved into healthcare, while Netflix fell after hours on a weak outlook. Europe slipped again as unrest in France and Italy weighed. In Asia, Seoul rebounded 3.29% from a six-month low on renewed foreign buying of chipmakers. Tesla reports tonight. — Brent breaks $110 and UK inflation jumps — while Seoul stages a rebound

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