# Financial Markets Daily Report 03 October 2022

> Investors weighed hawkish central bank policy and upside inflation surprises. Euro area headline HICP rose to 10.0%, while US PCE core inflation rose to 4.9% and US equities posted a third straight quarterly loss. OPEC was holding a meeting that day.

- Date: 2022-10-03 · published 2022-10-03T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/9334-financial-markets-daily-report-03-october-2022
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Persistent inflation and tighter policy raise financing costs and can weigh on risk assets and demand. The OPEC meeting is a possible source of crude oil price moves that feed into biofuel and freight costs.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-10-30 | [Ingredients Market Report: November 2023 - Unicorn Ingredients](https://feedsoft.ai/events/33753-ingredients-market-report-november-2023-unicorn-ingredients.md) | +1.3% | +3.9% |
| EURUSD | 2021-10-29 | [Euro's losses deepen as markets take dim view of ECB stance \| Financial Post](https://feedsoft.ai/events/7160-euro-s-losses-deepen-as-markets-take-dim-view-of-ecb-stance-financial-post.md) | -1.2% | -3.6% |
| EURUSD | 2025-10-30 | [ECB October 2025 rate decision](https://feedsoft.ai/events/22625-ecb-october-2025-rate-decision.md) | -1.5% | -0.5% |
| EURUSD | 2022-10-04 | [EUR/USD keeps rising amid a weaker USD, approaches parity: Analytics and Market news from 4 October 2022 16:02](https://feedsoft.ai/events/9330-eur-usd-keeps-rising-amid-a-weaker-usd-approaches-parity-analytics-and-market.md) | -0.5% | +0.6% |
| EURUSD | 2020-04-29 | [Money market stress adds to case for more ECB action \| Financial Post](https://feedsoft.ai/events/53852-money-market-stress-adds-to-case-for-more-ecb-action-financial-post.md) | +0.1% | +1.2% |

## Sources

- caixabankresearch.com: https://www.caixabankresearch.com/en/publications/financial-markets-daily-report/03-october-2022

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.